Cade Invests
@cadeinvests
Sharing my learnings and experiences to help you become a better investor. Writing Chump Change, get smarter about money, and have a laugh.
Rich people act broke to blend in. Broke people act rich to stand out.
$7,000 invested every year sounds like a lot but let's break it down. $584 per month. $135 per week. $19.17 per day. Do this over 30 years in a Roth IRA with a 9% annual return. That's $1,040,000 free of capital gains tax.
How many Worry Heroes do you know? *state weird fact “something’s not right.” *point out what their co-worker said “market has topped.” *gives random statistic “it’s happening.” Fortunately, as long term investors things are never as bad as they seem.
Yearly returns of the S&P 500. That's a lot more green than red.
Looking for book recommendations Hit me with one of your recent favorites and what you liked most about it. (doesn’t have to be finance) 👇
Want to be a millionaire? $24 a day into the stock market is all you need. In 30 years that's $1.0 million. In 35 years that's $1.5 million. In 40 years that's $2.3 million. Yes it takes time, but passively earning an extra million or two never hurt anybody.
Building wealth for dummies: Spend money on things that go up in value over time.
7 ways to improve financially in your 20's: 1. Pay down debt 2. Learn investing 3. Create a budget 4. Boost your income 5. Start building credit 6. Avoid lifestyle inflation 7. Build an emergency fund What would you add?
Fidelity blows other brokerages away when it comes to customer service. And it is not even close.
