Trading Skills| How to Invest?
Hello everyone! Today i want to share some trading skills with you!
1.
How the Income Statement + Balance Sheet Link: $SPDR S&P 500 ETF Trust(SPY)$
2.
How big should your emergency fund be?
Here's one solution:
3.
Active Income:
👨💼Income earned by working
Passive Income:
💵Income earned by owning assets
To build wealth, consistently convert active income into passive income
4.
Family-owned businesses tend to outperform.
Looks for businesses with generational skin in the game:
5.
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.
Follow me to learn more about analysis!!
https://x.com/BrianFeroldi
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
