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Owned by Alix

Money Masterminders

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Join Money Masterminders - Learn easily new skills to generate an income! Start to succeeding during the process!

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12 contributions to Complete Investing Foundations
Biggest mistake as investor
What is your biggest mistake as an investor? For me I would possibly say losing my life savings in 2011 - gambling with individual stocks after doing very little research! This was difficult for our family as we were due to move to our 2nd home. And my future wife (now actual wife) was due to give birth to our 2nd daughter. Let me know what your biggest mistake has been in the comments... By the way you will find a whole module on investing mistakes in COMPLETE INVESTING FOUNDATIONS. This for me is where you will get the most value from this community πŸ‘πŸ“ˆ
1 like β€’ Nov '24
I missed to invest in few very great opportunities like Palantir, Bitcoin or others. I gambled money on the Option market, but I didn't know better. A google research is often the better choice.
S&P 500 up 23% Year to date πŸ“ˆ
If you simply followed the S&P 500 this year, you would be up by over 23%. The question is do you want to capture some of these gains by tracking the S&P with an Index fund? Or are you happy for your cash/savings to be eroded away by inflation? Fiat currencies like the pound and dollar are getting debased because central banks are printing 100s of billions and even trillions, to pay off their debts. The solution for you is to educate yourself. The solution is to invest into assets like the S&P 500 or even Bitcoin. If you do this you have a good chance of protecting your financial future. By the way if your getting value from the course material let me know in the comments πŸ‘πŸ“ˆ
S&P 500 up 23% Year to date πŸ“ˆ
1 like β€’ Nov '24
Why should you miss this opportunity? You are right. Buy the S&P 500 with an Index Fund.
2x courses completely FREE
By the way everyone in this course now has automatic access to both courses. Let's get them completed if you have time. Learn the material and let me know what you think here in the comments.
1 like β€’ Nov '24
Thank you! A feedback will follow.
You Are Your Own Worst Enemy
From my experience, the biggest issue you will have as an investor is getting out of your own way. You will be your own worst enemy, if your not careful! Prior to 2019 (when I prioritised financial literacy/education) I wanted quick easy money. I was impatient, I didn't put the work in and it led to average results. What has been your biggest challenges as an investor? Let me know in the comments πŸ‘ My genuine belief is that if you focus on financial education, your financial future will massively improve! If you need a bit of help I would highly recommend THE PSYCHOLOGY OF MONEY.
You Are Your Own Worst Enemy
1 like β€’ Nov '24
It's a great book. I red it. My mindset about money changed. I'm fully abundant.
1 like β€’ Nov '24
@Peter Duffy - Right! i share the same opinion!!!
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I red an article about the company "AST SpaceMobile Inc." The company isn't profitable yet. What is your opinion about their business model? Service: AST SpaceMobile: - Focuses on providing direct-to-smartphone cellular connectivity from space - Aims to connect unmodified mobile devices without the need for special equipment - Partners with existing mobile network operators like AT&T, Verizon, and Vodafone Starlink: - Primarily offers satellite internet services to fixed locations - Requires special equipment (satellite dish) for connectivity - Has begun developing direct-to-cell capabilities, but this is not its main focus
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Alix Rukundo
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I am. πŸ‘‘ πŸ‘¨πŸΎβ€πŸ’» πŸ«΅πŸ‘‡ ⭐ Visit my Community: Money Masterminders πŸ₯‡

Active 7h ago
Joined Aug 20, 2024
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