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Good websites for finance shit

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Thread replies: 17
Thread images: 5

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I'll start.

- finiki
- bogleheads
- dontquityourdayjob
- econjobrumors
- investopedia
- wallstplayboys
- pragmatic capitalism
>>
>>1638272
this sticky sucks. saving money is good, but for fuck sakes eating peanut butter sandwiches for life won't get you a billion dollars.
>>
>>1638280
>but for fuck sakes eating peanut butter sandwiches for life won't get you a billion dollars.

I don't think anyone's saying that
>>
>>1638282
I think his problem is that there's no mention of how to increase your earnings.

I mean quite simply you can't get rich, or at least get rich before your old, unless you increase your income. And the graphic says "how to get rich". So kinda disappointing.

If you spend only 60c out of the dollar you earn, you still only have 40c. Meanwhile if you earn 2 dollars, you can save 1.40
>>
>>1638272
Does anyone have that massive flowchart detailing out recommended savings and spending habits?
>>
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>>1638399
First thing I could find
>>
>>1638404
I think thats it, cheers
>>
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>>1638399
Also found this, not sure what it is...
>>
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>>1638405
Np.
>>
>>1638272
why do mutual funds always get recommended over ETFs, isnt it basically the same thing but etfs have lower expenses and can be sold at any time?
>>
>>1638272
ejmr is terrible unhless you're actually a phd candidate
>>
>>1638406
Kiyosaki's figures.

Accumulate assets, not liabilities.

A house is a liability, not an asset.
>>
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i got about 2k sitting in savings, currently a college student, should i dump it in a vanguard S&p 500 immediately?
>>
>>1641257
I hate the guy, but in all fairness it says "real estate" not "family home". If you're renting out a real-estate it is an asset yeah.
>But then again most folks reading his book aren't doing that.
>>
>>1641257
Thats why it says Mortgage in liabilities. Real estate is the properties he's profiting from dumbass
>>
>>1641261
You could try day trading (scalping)
Get profitable on Demo Mode first though and DONT use too much leverage or you're basically casino gambling
>>
>>1641814
But most people buying his book if they are not renting will be living in the only real-estate they own. How the hell are they profiting form that? It's a liability, for sure, because you need to spend up-keep on a home.
Thread posts: 17
Thread images: 5


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