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๐—ง๐—ผ๐—ฝ ๐Ÿญ๐Ÿฌ ๐——๐—ฟ๐—ฎ๐—ธ๐—ฒ ๐—ค๐˜‚๐—ผ๐˜๐—ฒ๐˜€ for Money Twitter

Aubrey Drake Graham is a biracial rapper from Toronto who has amassed a $150 Million fortune

#3 highest earning rapper

His businesses include a record label & a whiskey brand

What can we learn from Drake?

[THREAD]
๐Ÿ”Ÿ

"Nowadays itโ€™s six-figures when they tax me/ Oh well, guess you lose some and win some, long as the outcome is income."

One big excuse we see around here is "If I make more money, I'll just have to pay more taxes"

So what? It's still more than you had before...
9โƒฃ

"Iโ€™m 23 with a money tree/ Growing more too; I just planted a 100 seeds."

One great thing about our corner of Twitter is that there are so many people starting young. Investing/ ecommerce/ SEO / flipping - you name it

Investing at a young age can set you up for life
8โƒฃ

"Spendin all the money I just worked my ass off for doing things that I won't regret."

You can make all the money in the world and still blow it on houses, cars, girls, toys, etc

Spend it on things you won't regret - make you money work for you
7โƒฃ

"I guess it really is just me, myself and all my millions."

Don't count on anyone else to pull you out of your situation.

Don't count on your friends and family to support your goals

Sometimes it's lonely at the top and you gotta look out for ol' #1
6โƒฃ

"I got friends with money and I got money too."

You are the average of the 5 people you spend the most time with

Spend time with successful people and you'll be successful too

Simple as that
5โƒฃ

"I got it rollinโ€™ in all kinda ways, lump sum and residual, yeah."

Diversify your investments! If you own stocks, own:
- index funds
- growth stocks
- dividend stocks

Or buy real estate, blogs, apps

There's a million ways to make a million
4โƒฃ

โ€œSometimes itโ€™s the journey that teaches you a lot about your destination.โ€

Stop looking for shortcuts and hacks

Can you watch someone wholesale real estate on YouTube? Sure.
Is that the same as cold calling by yourself? Hell no

Putting in the work is the best way
3โƒฃ

"Got the money and I never show it."

Don't blow your money trying to look wealthy.

You won't achieve the right mindset until you stop trying to impress other people

Read "The Millionaire Next Door"
2โƒฃ

"Shout goes out to NIKE, checks all over me / I need a FuelBand just to see how long the run has been"

Drake including product placement in songs

And you're waiting to start affiliate marketing why again?
1โƒฃ

"I like it when money makes a difference- but don't make you different"

Money doesn't change who you are, it just amplifies it

If you're not happy without money, you won't be happy with money.

Don't just focus on getting rich. Be a good person in the process
We started from the bottom now we here.

Hope you got something out of this. There's a lot of good principles here that might apply to your own life

Also, if you liked this thread, you might like my previous Jay-Z one below โœŒ๏ธ

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More from @BusinessFamous

Jan 24, 2023
๐Ÿ“š Book-a-Day January

Top 10 Lessons from The Little Book That Still Beats the Market by Joel Greenblatt

[thread]
1. Focus on investing in companies that are undervalued by the market, but have strong financial metrics.
2. Greenblatt emphasizes the importance of using a quantitative approach to stock selection, such as his "Magic Formula" which looks for companies with high returns on capital and high earnings yield.
Read 13 tweets
Jan 3, 2023
๐Ÿ“š Book-a-Day January

Top 10 Takeaways from The Intelligent Investor, by Ben Graham (Warren Buffett's idol)

[thread]
1. Investing is a long-term game, and it is important to focus on the long-term growth potential of a company rather than short-term fluctuations in the stock market.
2. Diversification is key to reducing risk in an investment portfolio.

Spread investments across different industries and sectors to mitigate the impact of any one investment performing poorly.
Read 13 tweets
Jan 3, 2023
Top 10 Takeaways from Millionaire Next Door

[thread]
1. Spend less than you earn: This is the key to building wealth and financial stability.

By consistently spending less than you earn, you will be able to save and invest more, which will allow you to grow your wealth over time.
2. Live below your means: It's important to focus on long-term financial goals rather than short-term pleasures.

By living below your means, you can avoid overspending and build a solid foundation for your future.
Read 13 tweets
Jan 2, 2023
Top 10 takeaways from the book Sapiens:

[thread]
1. The Agricultural Revolution was a major turning point in human history, as it led to the creation of civilizations and the rise of social hierarchies.
2. The invention of money and the creation of the modern financial system have had a profound impact on human society.
Read 13 tweets
Jun 25, 2021
Let's talk about LEAPS options and why they might be a good addition to your portfolio

LEAPS are:

Long-term
Equity
AnticiPation
Securities
A LEAPS option is just a Call option that expires about 6 months - 3 years from now

As you know, buying a Call option is a bet that a stock will go up over time

Why would you want to buy a LEAPS instead of buying shares?

LEVERAGE

Here's an example:
Let's say you believe in $AAPL long term and you want to invest $13,300 in the stock.

You can buy 100 shares of $AAPL outright ($133/share)

or

You can buy June 16, 2023 $115 LEAPS Call options for $3,065 per contract.

With your $13,300, you can afford 4 of these LEAPS Calls
Read 11 tweets
May 2, 2021
Warren Buffettโ€™s Top 10 Rules of Investing, Twitter meme style

[THREAD]
Rule #1: never lose money

Rule #2: never forget Rule #1
Rule #3

If the business does well, the stock eventually follows
Read 11 tweets

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