Process Investor

Inspirational Adam!

Market is 📈 11% YTD: Everyone is a genius. Market is 📉 5% from the high: “The market is crashing!”

The chart below shows how performance is nearly identical the entire 30 years. There is no significant difference between Lucky Larry's ability to buy every single low, or Bad luck Brian's unlucky timing in the market by buying every monthly high.

Unpopular Opinion I’d rather make a reliable 7% on a $100k index fund portfolio and not pay taxes... Than make 500% on a $2,000 #doge bet and have Uncle Sam take 30% of it.

By breaking your goals into smaller steps, you're giving yourself daily actions to achieve those goals. Otherwise, it's just a dream.

Academic success is not correlated to financial success. Some of the most educated people I know who make the most money are the worst at managing it.

"This time it's different." That's your ego talking. You only think it’s different because you have money on the line this time. It wasn’t different for the last 100 years and we're trading all-time highs. But you think your money is special and this time is different?

The moment you feel like giving up most is the closest you’ve ever been to succeeding.

Out of the Top 20 green days, 16 of them (80%) had red 10-day returns leading up to the big green day. The "best" negative return being -14%.

Similarly, top green days 2, 3, & 4 also had major drawdowns before having one of the top green days. The 5th top green day is one of the few exceptions.