Hello everyone! Today i want to share some trading ideas with you!
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Public Company vs Private Company $Cboe Volatility Index(VIX)$
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Every investor should memorize this:
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Debt: Selling your future income at a discount.
Cash: Creates options for your future self.
Pay off your debts & build a cash cushion.
Your future self will thank you.
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Active income: Income earned by working
Ex: Salary, bonus
Passive income: Income that is not directly tied to active work
Ex: Dividends, interest, capital gains
To become wealthy, spend your free time learning how to convert active income into passive income.
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50% gain on $100: $50
5% gain on $10,000: $500
In the beginning, focus on saving & investing more, not on maximizing returns
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