So... am I the only one that has automatic scheduled transfers to my fidelity account with automatic purchase orders for VOO? I'm just your average retail investor but I don't get killed by inflation.
Everyone complains about inflation. But if your pay is actually keeping up with inflation then inflation isn't a problem. Don't hold cash. Don't keep your wealth in a checking account. Buy stocks, bonds, real estate, gold, classic cars, guns, art, bitcoin, whatever you want. Just don't leave it in cash.
Keep 3 months of living expenses in cash max.
And college is actually a scam. Not in regards to what it provides but rather its price. So many friends of mine went into 6 figure debt for degrees from not very well known but expensive bougie colleges. I grew up poor so I took a bunch of clep tests and got a BA CS degree from an accredited online school for 10k total. The current system in the USA with the literally unescapable student loans that follow people who made a financially unwise decision when they were 18 is truly one of the most predatory systems in the world today. At least most Casinos require you to be 21 before entering.
So... am I the only one that has automatic scheduled transfers to my fidelity account with automatic purchase orders for VOO? I'm just your average retail investor but I don't get killed by inflation.
Everyone complains about inflation. But if your pay is actually keeping up with inflation then inflation isn't a problem. Don't hold cash. Don't keep your wealth in a checking account. Buy stocks, bonds, real estate, gold, classic cars, guns, art, bitcoin, whatever you want. Just don't leave it in cash.
Keep 3 months of living expenses in cash max.
And college is actually a scam. Not in regards to what it provides but rather its price. So many friends of mine went into 6 figure debt for degrees from not very well known but expensive bougie colleges. I grew up poor so I took a bunch of clep tests and got a BA CS degree from an accredited online school for 10k total. The current system in the USA with the literally unescapable student loans that follow people who made a financially unwise decision when they were 18 is truly one of the most predatory systems in the world today. At least most Casinos require you to be 21 before entering.