How do you make money?

Status
Not open for further replies.
If you can't make money while sleeping, you will keep working for the⁣ rest of your life. Warren buffett.
You nailed it my friend!
I always think that⁢ best advice is to buy low cost etf Like I have Voo with 0.03% expense︀ and 7% inflation free income.
BTW what other etfs you are into?
 
Yeah ETFs like VOO are pretty good, I think it's also good advice to invest⁣ in stuff you know about or are passionate about.

Like that guy who built the⁢ hotel, he got much bigger returns than any ETF would give over the years. Others︀ are good with real estate, with land, or with a certain type of business. As︁ another example, I know someone who did the same with a small clothing shop that︂ they expanded over the years until they created a successful local brand that almost everyone︃ in the city knows about.

But all those financially successful people share the same habits:︄ they live below their means, they invest and save, and stick to their long-term plan.︅

So whatever you do, stick to those concepts and the day when you realize that︆ you don't really need to work anymore will arrive quicker than you think (if it︇ hasn't arrived for you already)!

And one always has to keep learning. That's why I'm︈ here and always continue reading and researching. I'm always looking for opinions and experiences from︉ others to continue getting better, especially in forums like this one where you have some︊ really successful people that I won't even try to compare myself to... I'll just stick︋ to learning from them.
 
I was studying omxc20 and found out that their 60% of their portfolio goes to‌ this company: Novo Nordisk
Apparently this is a unique health care company that treats chronic‍ illnesses.
It is a huge company for health care
Pictures speak for them selves;
 
Nice work, uranium!

That company doesn't look like a bad investment.⁤ I read a bit more and found out it pays a 1% dividend as well,⁣ which has been increased consecutively for the last 22 years.

Not going to invest on⁢ it at the moment, but I will definitely keep an eye on it!
 
Definitely agreed
I believe that betting all on one company is a gamble no matter how⁤ well it is doing.
Imagine if founder dies tomorrow in a car crash what will⁣ happen to stock price?
Also because of some politics a big company can get banned⁢ and you loose big money.
You see this stock of Novo Nordisk is making 50%︀ a year!! But i prefer to bet on a country than a company. So I︁ would stick to omxc20 with only 10% and sleep well.
Diversification is always key in︂ investment.
 
Best feeling ever. Specially‌ when they are honest good people, just with shitty financial situations.
 
I'm a Cyber Pimp but finding the models in the real world until AI will‌ take over, that will make me even more money.
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu