In 2019 Of Dollars And Data surpassed 1 million pageviews and in 2020 we increased that to 1.7 million pageviews!

I cannot thank you all enough for this. With that being said, here are my most read posts in 2020:

1. The 9 Best Income Producing Assets

ofdollarsanddata.com/income-produci…
2. The Biggest Lie in Personal Finance

ofdollarsanddata.com/the-biggest-li…
3. The Best Investing Books for Every Kind of Investor

ofdollarsanddata.com/best-investing…
4. Buying During a Crisis (my personal favorite this year)

ofdollarsanddata.com/buying-during-…
5. The Average Net Worth by Age and Education Level

ofdollarsanddata.com/average-net-wo…
Thank you for reading and sharing. If you liked these posts, join over 10,000 other investors to live a smarter, richer life in 2021 and beyond:

ofdollarsanddata.com/newsletter/

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Nick Maggiulli

Nick Maggiulli Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @dollarsanddata

27 Mar 19
\1 Presenting a Tweetstorm on how to do embedded videos on Twitter with custom captions. I am tired of seeing subpar meme-ing and it is time you all learn.

This is an example of what I am talking about:
\2 This kind of tweet, where the video plays instantly is great for engagement and makes it easier for everyone on Twitter to share videos. Don't believe me? My most liked Tweets of all time are video tweets (and its not even close). Here is an example:

\3 However, there is also a WRONG way to do this. See the image below. This tweet sucks because it requires users to click on the quoted tweet and THEN click on the video. Yes, people are that lazy and won't click it. It destroys engagement.
Read 13 tweets
31 Dec 18
\1 Tweetstorm on the power of New Year's Resolutions, the wonders of consistency, and discovering yourself.

Two years ago (NYE 2016), I decided I would start an anonymous investment blog. I registered the domain (OfDollarsAndData.com) and opened this Twitter account.
\2 When I started I had something like 10 Twitter followers, all who were friends.
I decided I would post once a week. Rain or shine. This was one of the most important decisions I ever made for the blog:

Stick to a schedule.
\3 I remember posting my first post and sending it out to a handful of friends and family. Most didn’t click on the link (I tracked clicks with bit.ly).

I can’t tell you how demoralizing this was, especially given how excited I was to start this project.
Read 24 tweets
19 Dec 18
\1 Tweetstorm on The Privilege (and Curse) of Knowledge
and why “Buy and Hold” may not be so easy this time around.


To start, a history lesson: When George Washington died in 1799, he didn’t know that dinosaurs existed. In fact, no one did.
\2 Though the first dinosaur bone was discovered in New Jersey in 1787, no one realized its importance and it was eventually lost.

It wasn’t until the paleontologist Richard Owen coined the term dinosauria, meaning “terrible lizard”, in 1841 that dinosaurs became mainstream.
\3 It might seem shocking how ignorant our ancestors were, but that’s only because we have something they don’t have: the privilege of knowledge.

Just think about how many things you do on a daily basis that rely on discoveries from the last two centuries.
Read 17 tweets
11 Oct 18
\1 Are you ever afraid of investing at market peaks?

Of course you are. So am I.

But…you shouldn’t be.

This is a tweetstorm on why not to worry about investing at market peaks, as told from the world’s worst market timer.
\2 The world’s worst market timer in our story goes by the name of Bob and he started his career in 1970 at the age of 22. Bob saved $2,000 a year for 3 years before making his first stock purchase in December 1972.
\3 Shortly after his purchase, Bob experienced the brutal bear market of 1973-74 where stocks declined by 50%. Bob didn’t sell his stocks, but he decided to wait before investing any more of his savings going forward.
Read 15 tweets
12 Sep 18
\1 Tweetstorm on the relative importance of saving vs. investing throughout your life cycle.

To start I will declare:

“Saving is for the Poor, Investing is for the Rich”

Why do I say this? A story…
\2 When I was 22 and fresh out of college I was OBSESSED with how to invest my money. How much should I put in stocks? How much in bonds?

Though I didn’t have much money to invest at the time, I thought that my allocation decision was incredibly important.
\3 Later in life I realized that most of my obsessing was a COMPLETE WASTE OF TIME. Why?

Let’s say I had $1000 to invest at that time and I could get a 10% return on my money. My investment gains over a year would be $100 ($1000 * 10%).
Read 13 tweets
22 Aug 18
\1 Tweetstorm on How to Detect Financial Fraud Using Simple Math (aka Benford’s Law or the Leading Digit law)


If you haven’t heard of this, it will BLOW YOUR MIND.

First, let’s consider something mundane: The revenue of every company in the S&P 500 in 2017.
\2 For example, Walmart had 2017 revenue of $485 billion, Exxon Mobile had $237 billion, and Amazon had $177 billion. Now, let’s take the LEADING DIGITS of these numbers. So, the leading digit for Walmart’s revenue is 4, for Exxon is 2, and for Amazon is 1.
\3 Question: If we took the leading digits for revenue for ALL the companies in the S&P 500 would you expect the distribution of leading digits to be equal? For example, is a leading digit of 8 more likely than 5? Is 2 more likely than 3?
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!