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Hipster Finance 💵🔨

@finance_hipster

23 Nov

We discuss a lot of books on here with money knowledge —

But films 🎥 are more rare.

That doesn’t mean you can’t learn anything though.

On today’s reel, Wall Street (1987).

Get in the car —

Gordon Geeko is teaching class today.

//*thread*//

This film is full of fast money and stock market pump and dumps 📈 📉

Classic insider trader moves and back restaurant deals.

But buried in there are actual real money and trading gems 💎

I’ve pulled a few out just for you (because I like you, that’s why)

👇🏻

“I look at 100 deals a day, I chose one.”

When you first start investing, every deal looks good 🤑

You want to jump on every opportunity because to you everything looks like money.

It isn’t.

Learn to sift through the junk, and find the one.

This has saved me money.

👇🏻

Read 12 tweets

Hipster Finance 💵🔨

@finance_hipster

21 Nov

Spend as much of your money as you can on:

1️⃣ Things that pay you money
2️⃣ Things that will be worth more money in the future than what you paid for them.

I prefer the first option because it guarantees 💵 coming to you.

👇🏻

The second option is good for for diversity and potential gains.

Both are asset classes,

BUT

One gives you guaranteed income and the other makes you wait in hopes someone will be willing to pay more for it at a later date.

Some examples of each:

👇🏻

1️⃣ Things that pay you money:

✔️ Dividend paying stocks
✔️ Interest paying accounts (bonds, notes/loans, high yield accounts, etc.)
✔️ Rental properties or vehicles
✔️ Business ownership

👇🏻

Read 6 tweets

Hipster Finance 💵🔨

@finance_hipster

10 Oct

Money lessons are as old as the Bible —

Written as far back as 1200 B.C. to the first century A.D.

With an estimated 5 billion copies sold.

And yet, as you’ll see, all these lessons are STILL ignored.

So what does the Good Book say about money?

👇🏻

“For the love of money is a root of all kinds of evil.”

Timothy 6:10

This one is BIG. But often misunderstood.

It’s not a danger to be good with money or to master it.

Merely, falling in love with it is the trouble.

We’ve all seen the evil rich guy. Don’t be him.

👇🏻

“Dishonest money dwindles away, but whoever gathers money little by little makes it grow.”

Proverbs 13:11

Quick to rich and quicker to broke.

Don’t chase after one big win with all your money. Instead aim for consistent gain with discipline.

👇🏻

Read 11 tweets

Hipster Finance 💵🔨

@finance_hipster

3 Oct

Investment Hack 🔍 🤫

Unlock the power of an ETF (Exchange Traded Fund)

For early investors, it can be hard to figure out WHAT to buy.

You know you like a few companies, but you don’t know if together they’re a good idea.

That’s where studying ETFs come in 👇🏻

Firstly, what’s an ETF:

Like index funds, ETFs are a fund of multiple stocks. Some have 100 holdings, some less or more. But they give you good diversity matching an index or sector.

Even for experienced investors they can be a great catch-all to passively invest.

👇🏻

There are 2 main types:

Passively managed (cheaper fees) — like $DGRO

Actively managed (more expense because they are closely managed with more buying/selling activity to try to increase the fund earnings) — like $ARKK

Read 13 tweets

Hipster Finance 💵🔨

@finance_hipster

26 Sep

Do you own bonds in your portfolio?

Many don’t.

They’re boring, they don’t really grow, and they pay... almost nothing.

Let’s go through a few types of bonds — AND why I currently hold hold them (*disclaimer - not investment advice for YOU)

1️⃣ WHY?

Current savings account interest rates are low. Like REALLY low (Ally just lowered to 0.60% down from 2.25% two years ago or so).

Inflation is pegged around 2%. That means your bank is actually losing money over time.

It’s like having a hole in your wallet...

👇🏻

@andyisom100K

This is where bonds and bond like funds come in, for me.

After talking with @andyisom100K and @javyandrade , I started tinkering with a portfolio of several types of these funds to park some of my savings (not all!) — to allow it to grow.

Let’s go through them to learn.

👇🏻

Read 17 tweets

Hipster Finance 💵🔨

@finance_hipster

18 Sep

Are you dividend investing, or dividend chasing?

There’s a difference.

Look at:

💵 Payout ratio (is the dividend something a company can afford?)

Ideally, this is below 60%.

You want it to be a sustainable amount that still enables a company to grow profitability.

Early investors tend to chase rather than invest.

Remember, if along the way towards your goal you eat all the cheese, there will be nothing left to eat when you get there

🧀 🐀

A company should pay out to shareholders only what it doesn’t require to keep its strength.

Lastly, don’t let yourself get blinded by a beautiful dividend.

Like wrapping something worthless in a lovely bow 🎁 — the prize only matters by what’s inside.

If it’s a bad company that pays a dividend, it’s still a bad company.

Don’t get stuck losing money for it.

Read 4 tweets

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