Discover and read the best of Twitter Threads about #wealth

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7 Simple Life Hacks for You! A twitter thread...

Here are simple tips to improve your #life and feel the difference. Here’s how you can do it: Image
1) Prioritize Your Health

It doesn’t take time to stay #healthy, wealthy, and wise. Unfortunately, we don’t pay much attention to our personal well-being.

You should know that no work is more important than your #health. Whatever you do make sure it doesn’t affect your health.
Here’s what I do:

Every morning, I practice #yoga for my mental and physical well-being. In addition, I always make sure that my daily diet includes leafy vegetables and fresh fruits. Because I believe health is wealth.

Read 13 tweets
So many "useful idiots" who are promoting a World Economic Forum agenda involving extreme frugality, fanatical saving, and a zero consumption mindset. Adopting mediocrity so you can live a life on par with a broke co-ed is not a financial plan. Here's 7 things to do instead:
#1) Don't become a Klaus Schwab stooge and adopt "settling for less" as a financial strategy. Real financial freedom doesn't involve budgets, stock market allegiance, and blind hope and patience.
#2) Start a business. But not just any business, it must be a business that meets the CENTS commandments, of pertinence, it must eventually divest yourself from the "time-for-money" trade and work while you're not working. Systems work 24/7. You work whenever.
Read 10 tweets

#trading #nifty #banknifty #nse #wealth #investing #stockmarkets Image

SYMBOL: Underlying name (e.g., Banknifty, Reliance)
TENOR: Maturity type (Weekly, Monthly, LEAPs)
SL NO: Maturity priority (1st = closest weekly expiry)
EXPIRY DATE: Contract maturity date
TODAY: Recording date Image
Future v/s Straddle chart - The front month future (blue) and the straddle (red). Consider a strike price of call+put having the lowest premium.Roll the strike price dynamically to plot the premium for at-the-money straddle. Image
Read 11 tweets
This is a threaded version of Chapter 14:

“The Twelfth Descent—Accumulation:”

of *Prodigal Human: The Descents of Man*

by Michael Adzema.

READ CH THREAD or CLICK a link for free BOOK...

READ BOOK…… #psychology #greed #devolution #possession

PH 14/1 ImageImage
Chapter 14 is subtitled,

“The “Domestication” of Humans—

“The Ability to Store Things Changes Everything for Prehistoric Humans...But Not in the Way We Thought It Did—

“Eden Stormed...The Rich Begin Calling the Tune”

THREAD #psychology #greed

PH 14/2 Image
[*Quotes/highlights:*] “This tragic, life-diminishing spinoff of our ability to gather & accumulate excessive ‘things’ was a desire to control even those of our own species: Our fellow humans became the last targets of our mania for control.” []…

PH 14/3
Read 97 tweets
Here are some key takeaways that can help you better understand your relationship with #money from "The Psychology of Money" by Morgan Housel @morganhousel #RichQUACK $QUACK #Psychologyofmoney

THREAD 🧵👇 Image
1. Wealth is what you don’t see: Wealth is the assets you accumulate that nobody else can see. It’s the cars not purchased, the clothes not bought, and the vacations not taken. #ThePsychologyofMoney #Wealth #Savings $QUACK
2. Compounding is the most powerful force in finance: Time and patience are the most important ingredients of compound interest. Understanding the power of compound interest is essential for building long-term wealth. #CompoundInterest #WealthBuilding $QUACK
Read 15 tweets
"That the #Anthropocene, at its core, is a fundamentally bourgeois concept should surprise no one. After all, it tells us that behind the current, disastrous state of world affairs is the #Anthropos. It’sa trick ...… #history #capitalism #ideology
... as old as #modernity – the rich and powerful create #problems for all of us, then tell us we’re all to blame. But are we? And just who, in any case, is ‘#we’?"
"The #Anthropocene concept has graced the cover of The Economist magazine and received the blessing of The New York Times’ editorial board – for the very sound reason that anthropogenic arguments obscure capitalogenic realities." #Science/#Society
Read 12 tweets
Wealth in the USA: a birds-eye macro view in Charts

Americans hold $153T in wealth... 👇🏾 Image
$32T of that is in retirement accounts Image
Boomers and older own 61% of #wealth & 72% of equities Image
Read 30 tweets
✨Crisp Observations😉
#Traders v/s #Investors:

Traders look at Price,
Investors look at Value.
Traders watch CNBC,
Investors Read Books.
Traders Book Profits,
Investors Book Losses.
Traders make Brokers Rich,
Investors make themselves Rich .

Traders may sleep anxiously,
Investors usually sleep deep.
Traders average on Downside,
Investors average on Upside.
Traders look at 10% Profit,
Investors look at 10x Profits.
Trading is a Maths,
Investing is an Art.
Traders ride on Tips,
Investors ride on Research.

Traders many a times are in Hurry,
Investors are most of the time Cool.
Traders deal with Uncertainty,
Investors deal with Conformity.
Traders Watch Minutely Charts,
Investors Enjoy days of Freedom.

Its all about :
Active way to making #money
Passive way to #wealth creation
Read 3 tweets
GENERATIONAL WEALTH is the practice of passing down significant financial resources to future generations. But 70% of wealthy families will lose their wealth by the second generation and 90% by the third.

Why does this happen and how do Family Offices prevent this:🧵 Image
Generations are taught not to talk about money, so the next generation may have no idea about the value of money or how to handle it.

This may be driven by worries that the next generation will become lazy and entitled, so wealth is kept a secret.
The next generation grows up in a life of plenty and may not understand the struggles and sacrifices of the previous generations.

Building wealth takes hard work and discipline. The further you are away from that, the more difficult it is to understand.
Read 9 tweets
Here are some highlights from the Voices of Tomorrow Bangalore Chapter! (1/n)

#VoicesofTomorrow #VoT2023 #ithoughtVoT #ithoughtVoT2023
Session #01

ithought Way – The Journey by Mr Shyam Sekhar

Mr @shyamsek answers the question, ‘What pain points does ithought address & solve?’ (2/n)

#ithought #portfoliomanagement #financialplanning
“We want to make Millennials as $ Millionaires – a well-managed wealth corpus for the 90’s born.” - @shyamsek on what ithought wants to accomplish.

Watch Mr Shyam Sekhar’s talk ‘ithought Way – The Journey’ here… (3/n)

#investors #investearly
Read 27 tweets
The fundamental purpose of government in America - to protect the rights & freedoms of all citizens & prevent any one group from monopolizing #power & #wealth we supply.

Together we stand, divided we fall, & we are falling.

In "Y" we trust.
(CONSEQUENCES is everyone's meduim)
It is our collective Capabilities & resources that sustain our government, yet we are seeing a growing number of individuals who seek to manipulate with technology & control our Capabilities for their own (incompetent unimaginative) gains, at the cost of humanities.
We must work to maintain a government that truly serves "WE THE PEOPLE" & not become a kleptocracy / oligarchy where a select few highly corrupt hoard power & wealth at the expense of the masses.
Read 5 tweets
Want to build wealth? Start by following these 7 secrets. Read Thread 🧵:

#wealth #investing $QUACK #RichQUACK #Crypto
1/7 Secret to wealth: Start early. The earlier you start saving and investing, the more time your money has to grow.

2/7 Secret to wealth: Live below your means. Spend less than you earn and invest the difference.

Read 9 tweets
more #cryptocurrency talk. it seems that there may be (another) #cryptocrash developing; there's been so many of them.

to reiterate my earlier point: the allure of #cryptocurrencies is instant #money in vast volumes, and that's why $BITC and @ETH have a million copycats.

#cryptocurrency (and the related #blockchain money-making gewgaw, the #NFT) are in a sense nothing new. there have been untold millions of #investment scams and #business tricks and other shifty clever ways that at least *pretend* they can guarantee an effortless #profit.

this is an artifact of the extreme #wealth inequality encouraged by #capitalism: once you've got a bunch of elite capitalists *hoarding* all the #money, that means you've got big enough piles to *steal*. all get-rich-quick schemes are ultimately acts of disguised _theft_.

Read 25 tweets
I do feel there's something more to be said (while the iron is hot, so to speak) about #cryptocurrency and the question of how presumably intelligent #computer and #programming professionals (not to mention the @elonmusk / @mtaibbi crowd) could possibly have fallen for it.

the *allure* is obvious enough; it's the same allure that's in looking for legendary pirate treasure, or prospecting for gold. you're hoping for more than just some #money—you're hoping that for enough to *set you up for life*. all monetary worries, permanently erased.

that's one of the reason that it's so important to interrogate the #ElonMusk crowd about Musk's blood-emerald dealings, and what the *truth* was about Musk's family striking it rich—it's likely that Musk simply lost the ability thenceforth to think in realistic terms.

Read 33 tweets
A short thread...
ELSS (Equity Linked Savings Scheme) and public provident fund PPF, both help you save taxes, but apart from that, they differ on many parameters.
#ELSS #PPF #Taxsaving #investing #investingtips #mutualfunds #wealth
In India, With both ELSS and PPF, you can get a maximum deduction of INR 1.5 Lakh under Section 80C of the Income Tax Act, 1961.
#WealthCreators #stockmarket #MoneyMatters
What are ELSS funds?
ELSS is d tax saving mutual fund which serves both d purpose of saving taxes & help U create long term wealth. ELSS funds generate returns by investing in equity & related instruments. This makes it a suitable investment option 4a person with LT goals.
Read 13 tweets
(1/8) Scam 1992 Explained Simply:-

Harshad Mehta was a stock broker on BSE & was alleged to have engineered the BSE scam in 1992 using ready forward deals.#stockmarketcrash
#StockMarket #Budget2023 #banknifty #OptionsTrading #Singapore #Hedgefund $VRA $SNFTS #Wealth #Adani #BBC Image
(2/8)A ready forward refers to a short term, typically 15 day, secured interbank lending. In reality, the borrowing bank actually sells securities to the lending bank & then buys them back at the end of the loan period at a slightly higher price. #stockmarketcrash #banknifty #BBC
(3/8) A typical ready forward deal involves 2 banks brought together by a broker in a lieu of commission. As a part of the settlement process, the buyer & the seller need not even know eachother. #stockmarketcrash #StockMarket #Budget2023 #Adani #optiontrading #Wealth #singapore
Read 8 tweets

Timing the #crypto narrative cycle.
Which #alts I bought, and when to accumulate again?

Narratives, #alpha & charts for my favorite #altcoins.

The final stage of the #BearMarket is where you build the foundation for future #wealth.

1/ 🧵


#bitcoin $BTCUSD Image
#AI narrative

The parabolic move already played out, we are in the final stage before major correction.

$FET, $AIRI (degen play)

2/ Image
#LSD narrative

The parabolic move already played out, a second wave will start with $ETH Restaking @eigenlayer

$FRX, $SD (degen play)

3/ ImageImage
Read 16 tweets
1) A recent interview with a Lebanese political figure exposed, once again, the failures of the current political rhetoric on the ongoing #economic crisis in #Lebanon. This rhetoric, which dominates public discourse, is not only outdated and futile, but also harmful
2) In the interview, Geagea stipulates that his party stands against the principle of “distribution of losses”, considering that no losses have occurred and that debt is accrued and should be repaid to depositors
3) He suggests that repaying this #debt should happen through state resources, simple fiscal adjustments, and support from the #GCC without the need for an IMF program
Read 11 tweets
Key takeaways from the Book 'Psychology of Money' by @morganhousel

Long thread, but worth the read.

#books #BookRecommendations #MONEY #wealth #psychology #investing #Review #reviews
1/n Image
1. No one's Crazy

Studying history makes you feel that you have understood it, but until you have lived through it & personally felt the consequences, you may not understand it enough to change your behavior

Some lessons have to be experienced before they can be understood

2. Luck & Risk

When judging others, attributing success to luck makes you look jealous & mean, even if we know it exists, but when judging yourself, attributing success to luck can be demoralizing to accept.

Read 25 tweets
#RichDadPoorDad is a classic personal finance book that teaches valuable lessons about money and wealth. Here are ten key takeaways from the book:

The importance of financial #education - Understanding how money works is crucial for building wealth.
The power of owning #assets - It's not about how much you earn, it's about how much you own.
The dangers of #debt - Debt can be a powerful tool, but it can also be a trap if not managed properly.
Read 10 tweets
Important lessons from "The Psychology of Money" by Morgan Housel

I have read this book so many times and will post my favorite quotes here … do read the book #thepsychologyofmoney
"The best way to think about money is to think about it as a tool for creating options."

When we have financial security, we have more choices and opportunities in life.
"The most important thing about #money is how you think about it."

Money is just a tool, but it can have a powerful influence on our thoughts and actions.
Read 13 tweets
This thread will serve as the foundation for all your investments if you are new to #crypto. I did it, my friends did it, and we all made x100 times our money🧵

1/ Do not buy into the "adoption" dream. When the adoption era arrives...
Do not buy into the "adoption" dream. When the adoption era arrives, this #crypto game is over.
2/ You must understand that #crypto is a game of bullsh*t and narratives, and that the entire industry, Twitter, and communities promote this bullsh*t and illusion to keep more and more retail money pouring out of other people's pockets so they can make gains.
Read 20 tweets
[thread cw: dysphoria, mental self-flagellation]

I have my first appointment for HRT tomorrow.

I didn't really think I'd get here.

I kinda figured I'd spend the rest of my life shitposting about being a boy but never actually following through on anything. Lol. Lmao. etc.
But recently I was able to observe for myself how apparently easy it was-- apparently one of the doctors in our primary care network specializes in this so we just have to go to a different clinic-- and figured fine, time to see what's all this then 🤔
There was always something holding me back though besides the fact that I'm hella lazy and hate effort. In spite of how my nose crinkles every time I get "ma'am"ed at work; in spite of me literally falling in love with my boy-self's reflection in the mirror;
Read 18 tweets

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