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That makes my point though, most pros can't beat an index fund over an extended period of time. I0% over a 20yr period, even those are atrocious odds. The average retail investor who tries to pick stocks and time markets get smoked and is then left with a mountain of debt. Would bet far less...

Historical stock market returns are I0%. Anyone can cherry pick indexes, sectors,funds, time periods to make a case they want to make but certainly wouldn't bank on them. You also aren't getting debt much cheaper than I0% if at all. Point being, it makes zero sense to keep debt at these rates to...

You said interest, that is different than a return. Interest is treated as taxable income. In hindsight it is always easy to pick the top performers but reality is most are not going too. We would all be rich otherwise. You also are not going to be able to take on debt today at a percentage rate...

I said " In some sort of company match, roth/retirement or other tax avoidance/deferment structure would agree." then I used your specific example of " something that pays 8-12% interest ". You are not earning 8-I2% interest in a non retirement account without paying tax or carrying some degree...

Unless he has a previous long term locked in rate, he is getting no where close to 5% on debt currently. If he doesn't have stellar credit going to be well over I0. In some sort of company match, roth/retirement or other tax avoidance/deferment structure would agree. Outside of that the return...

Cut out all unnecessary spending for a month or two, including dating. Do an Instacart, uber, rest job or whatever else pays with schedule flexibility until you build your fund back up. Be disciplined for a period of time of time and knock it out. If you can, keep the ball rolling and knock out...

A couple things with this. From your name, assume you have kids and have the potential to have future grandkids. With limited funds you are not going to be able to shuttle back and forth, you wouldn't want to physically involved in your genetic lines lives? 20 plus years from now not sure...

The problem with this is that nobody knows how long they have left and what costs there will be associated with that. The last 10-20yrs can be very expensive to live a decent quality of life. If you run out of money and do need care or assistance, the options can be horrific if you do not have...

Personal opinion is hold it for the long term, set up an auto DCA even if small and don't touch it for at least 5+yrs

Definitely will be major corrections and bear markets. What I am unsure about is if we get a parabolic movie over the next 3-6months then a prolonged correction or does it follow the standard cycle and play out to end of 2025 or longer. If btc does become a standard allocation, even a 3-5%...

Bob Loukas has been talking about the possibility of a left translated cycle for a while now, if price doesn't slow down a bit certainly a good possibility. So much money has started to and will continue to flow in, it is really anyones guess what happens to price in the relative short term...

Some truth to this, a couple caveats though. You have to stay consistent and accumulate in the bear markets, that is what sets up the huge returns in the upcoming bull market. You also have to adjust your strategy and not just go for the lottery ticket low caps and have a non tradeable stock of...

Large funds, pensions, endowments, soveirgns entering the space now will have a lot less active strategies than those funds that have participated in the past. For the most part, it was hedge funds and VC that had a lot more leeway in their bylaws to make large drastic moves. Besides rebalancing...

In a crypto bull market the dogsht and scams seem to pump the hardest. Like you, don't have it in me anymore to constantly chase and stay up on all of it like I did my first cycle 20I7. The net result of all of that in the end, would of done better just sticking with BTC and ETH. You really do...

You can get around it by using a VPN, I use Nord

The amount of money flowing in right now is pretty wild and realistically this is just the start as on ramps are becoming available for different giant pools of capital

IF you have a credit card, there is most likely a tab that you can pull it for free

Crypto made really realize to a great extent that most people have no problem being lied to as long as it means they are going to benefit/get rich with minimal effort. Amazing really lol If you had no morals it would be so easy to be some scammer influencer. Just constantly tell people what I...

You sounds like me lol Agreed. The main issue I see with new retail coming into this space is they have the mentality of how can I become filthy rich in a short period of time with a few grand. This is their entire life financial plan and such a recipe for disaster. It pushes you way out on the...

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