Everything your dad should have taught you about investing but didn't.

// a thread
My dad worked hard.

At 18 he started working in the gold and silver mines of Leadville Colorado, alongside my grandfather.

He never invested in the stock market and he never contributed to an IRA.

Obviously, my dad never taught me to invest, so it never crossed my mind.
Covid hit in early 2020 and I took the opportunity to reinvent myself.

At 54 years old I started my first Twitter account and by chance, some of the people I followed posted about money & investing.

I'd entered the world of Money Twitter...

on accident.
I was fascinated.

• I bought Gumroad courses
• I read books
• I watched YouTube videos

I swam in a river of investing.
And then on January 25th of THIS YEAR, at 54 years old, I bought my first stock!
If you've never invested, this is my advice in 4 easy steps.
1. Change your environment.

This changed the entire game for me.

Start following accounts like @The_MMW, @fredtheinvestor and @MoneyJrod.

Add one new account a day.

Surround yourself with investing and investors. Ask them questions in the DM's.
2. Study investing

If your money's in a savings account, you're losing money every day. Inflation is having a picnic.

Get going.

• Read One Up On Wall Street by Peter Lynch
• Read The Millionaire Next Door by Thomas J. Stanley
• Read The Psychology of Money by @morganhousel
Read blog posts.
Watch YouTube videos.
Take courses.

Soak in it!
3. While you're studying, pay off all bad debt

Bad debt = borrowing to buy things that go down in value.

Good debt = borrowing with the potential to increase your net worth.
Paying off high-interest debt will probably give you a better return on your money than almost any investment.
4. Start investing.

I studied investing for 6 months before I had the balls to pull the trigger. It was scary but as I look back, it shouldn't have been.

The sooner you start, the better.
With a 12% rate of return,

A 25 year old who invests $100 a month into an IRA for 40 years, will have an investment worth just over $1 million at 65.

Start at age 35, and you’ll have around $300,000.

➡️ Those 10 years just cost you $700,000.
With a 10% rate of return,

Starting at age 25: $584,000
Starting at age 35: $217,000
I'm begging you, get started.

Time your best friend when you’re investing,

Plus you’ll also reap the benefits of compound interest,

Which Albert Einstein called “the eighth wonder of the world.”
4 bonus tips:

1. Have a plan BEFORE you start investing. Outline your investment strategy, your contribution rate and frequency.

Stick with the plan.

2. Grab free money! If your employer offers a matching program like a 401(k), start there.
3. Start slow. Start as a micro-investor. Invest a little at a time to build up your portfolio and your confidence.

4. Continue to learn. Continue to improve your environment. Build your knowledge base.
Obvious disclaimer: I'm not a financial planner and I'm clearly not a financial expert by anyone's definition.

I wrote this post to get you off your ass. I hope it shows you that if I can do it, you can do it.
(I now own 10 individual stocks, shares of 2 different index funds and crypto. I bought another share of Apple, yesterday.)

I'd love to hear from you if you have questions. Shoot me a DM.

If you're interested, I can give you a link to the best investing course/book I've come across so far. Lmk.
I write 2 threads a week.

➡️ Hit the notifications🔔so you don't miss one.

➡️ Follow me @OneGSisneros
I just published an eBook I want you to have. No charge.

Everything Your Dad Wanted To Say But Didn't.

👉🏽 onegsisneros.crd.co

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More from @OneGSisneros

9 Oct
3 ways I messed up that you can avoid...right now.

//tiny thread
- Get healthy

You can pay now or pay later but everyone pays.

The price is steep when you're older.

Things you might not think about:

• drink more water (1oz for every 2lbs you weigh)
• get enough sleep (7-8 hours a night)
• meditate 10 minutes a day
- Create additional streams of income. There's so much opportunity it's insane.

Think bigger. An additional $10K, $20K or $50K a month is possible.

Improve your mindset.
Read 6 tweets
8 Oct
I read 10 books during the Covid pandemic that changed my life for the better.

Here they are...

// thread
Big Magic by Elizabeth Gilbert

What you'll learn:

- Practical advice for tapping into your own creativity.

"A must read for anyone hoping to live a creative life...I dare you not to be inspired, to be brave, to be free and to be curious." @POPSUGAR amazon.com/Big-Magic-Crea…
Personal note:

I've read this book 3 times this year. It's INSPIRING.

“It’s a simple and generous rule of life that whatever you practice, you will improve at.”
Read 23 tweets
1 Oct
My wife cheated on me.

// thread
I called my wife's office during lunch. Her boss answered the phone.

"Hey George, she just left. Can I leave a message?"

"No. I'll call later."

"I LOVE the flowers you sent her."

(awkward pause)


Except...I hadn't sent her flowers.
My mind raced.

"Maybe she bought herself flowers?"
"Maybe her mom sent her flowers?"
"Maybe ... Fuck ... maybe she's cheating?"
Read 21 tweets
29 Sep
"What if I fail?"
"What if she says no?"
"What if I let them down?"

Is fear is running your life?

// thread 🧵 Image
In the beginning, living with fear can be comfortable.

As long as you don't do anything crazy, fear doesn't go crazy himself.

But we all know, it never lasts.

Fear gets greedy.
An open letter to Fear,

by Elizabeth Gilbert author of Big Magic
Read 12 tweets
27 Sep
I'm a 55 year old who gained 10,000 followers on Twitter in just 6 months.

This is my story.

// thread
In 2012 we sold everything and moved from the United States to a small mountain village in Guatemala.

We sold our dream home.
We sold 2 successful businesses.
We sold all the kids toys.
Over a beer, my friend Bryan asked, "How can you do that to your kids bro? The U.S. is the best country in the world. You're really taking all that away???"

My wife and I lost some of our best friends in the move.
Read 16 tweets
23 Sep
Webster’s Dictionary is wrong. Marriage isn’t a noun, it’s a verb.

How to get through your first year.

//a thread
You can't plant a seed (or a marriage) and expect it to bear fruit the next day...or the next month or even the next year.

It doesn’t work that way.
I talked to my dad last night and he asked about the apple trees we planted last spring.

“We're getting a little fruit dad. A couple of apples. It’s still not the best fruit though. The best fruit will come in 2-3 years.”

You can't rush seeds.
Read 15 tweets

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