Time flies when you’re always holding out for “one more bonus” or “one more promotion”. Corporates give people just enough to stay but not enough to comfortably leave.
You will probably never run out of promotions.
But you will run out of time.
Pulling the trigger becomes infinitely harder once you start racking up debt, family commitments & get hooked on the endless cycle of being paid/ promoted
short thread on the hollow nature of fancy job titles
"You're paying someone else's bond"
"A house is not an asset"
"Landlords get rich in their sleep"
We have R15k property seminars, overpriced "beaches" in JHB, adult res blocks next to highways & SMEG giveaways when you blow R1m on a jail cell in Midrand
It's fucking exhausting!
"House prices always go up!"
Mostly true except not all properties are equally attractive. That Clifton pad IG baddies love tends to underperform the Midrand prison. Must be the garden furniture.
price bands, location, inland/ coastal & freehold vs sectional title all matter!
Looks like the SEC will allow the first US BTC ETF soon
If there's one lesson here, you will miss a shit load of opportunities idolizing washed up boomers who don't understand digital assets telling you to stay away
wgmi 🚀🚀
xoxo laser eyes bby
Remember this
There's an entire industry of people who do nothing else but earn a living talking about the market - movie critics
Then there's people who roll the dice, take a risk & ARE the market - the actors
Movie critics will never make you bank... but acting will
1. Portfolio allocation often outweighs security selection
Simplified: focus on choosing the right neighbourhood instead of the best house
Choosing the right mix of stocks, bonds, crypto, property, cash is more more important than obsessing over stock picking
There’s a famous piece of research (BHB study) that sparked endless debate showing 93.6% of portfolio returns are down to the right mix of WHERE you invest instead of WHAT you invest in.
For instance if you missed the crypto or US tech wave, your returns look very different
It's incredible how the anti-crypto argument revolves around "intrinsic value" when we live in an era where stock market valuations are completely disconnected to fundamentals & the real economy.
A lack of understanding crypto doesn't make it lack value.
"crypto has elements of a Ponzi scheme"... if you want to talk pyramid schemes, look no further than the economy as we know it