Investing Advice People Don’t Want To Hear | Onlyinvesting.info

My advice that the majority of investors don't want to hear is that you should only invest in companies that you support morally. Most investors are psychopathic. Yes, they have psychopathic traits because they only care about making money no matter what. Well, criminals think the same way, for example drug dealers. They know that buying and selling drugs will harm society immensely but they don't care as long as they can make huge profits. Same with investors. They don't think through what effect the company has on the world. They lack a philosophical mind. Every one has their own morals so you have to decide for yourself what you stand for and choose those companies that equal your principles. Just to give one example, there are many who don't support the war between Ukraine and Russia. But yet, they do invest in defense companies that contribute to the war. So, if you don´t want to be part of this conflict then don't invest your money in it! Because where money goes, power grows! Don't make big what you want to be small! But it could also be that you do want a certain group to be victorious in this war. Some would choose sides for Ukraine others for Russia. In that case you could participate with your investments and help your choice of country to succeed. It is politics we are talking about and investments is politics as well. Without money there is no possibility to win a war. In case if you would choose sides for Russia it is a bit more complicated because Russian companies and those who support Russia are banned by the US and Europe. So there is no democracy. Also many Asian companies are out of the playing field in many brokers. The US and Europe have their fingers in everything and would let you choose only a portion of companies to keep their power structure. Because if Asian companies or Russian's would grow then the West loses grip on the world. They don't want.
Another example if you like Nike shoes and you like how the company operates (just an example) then invest in Nike. Or for me I like organic food, so I invest in companies that produce and sell organic food. There are many other examples to give and not one suits all. Find those that suits you but do it consciously.

I remember someone once pointing out that the problem isn't the $5 coffee or the avocado toast, but rather that it's often a sign of a bunch of other consumption habits that are probably bigger problems, like: regular Uber-Eats, eating out for lunch every day, etc.

When I got to the good side of the street I found another side.

If you had invested in Bitcoin instead of Facebook and VTI, you're net worth would likely be at least 50x what it is now. Bitcoin is the best performing asset during that timeframe, and it's likely to continue to overshadow all other investment options

FB stock ftw $$$

Good investing is boring. Too many people complicate things (buying rental properties, buying single stocks or crypto or gold, day trading, etc.) They think they have to be doing something "fancy" to make good money. The other day the SP500 went up 2%. We made over twice as much money in the market that day than we did working. It doesn't have to be fancy. Good investing is supposed to be boring and simple. There is a phrase in golf that "good golf is boring" meaning if you have a great round you hit the fairway, hot the green then 2-putt for par. It doesn't feel special. There were maybe no fun "hero" shots from under a tree. My lowest round ever was 80 and I didn't even realize how well I was playing bc there wasn't much drama to my round. It was just kinda boring.

This video is brought to you by Starbucks. Hard disagree with her on the "5 dollar lattes". Your daily venti with oatmilk will run you about $8 plus tip. And because people keep buying them, expect the price to keep going up. I am sure in a couple of years when the price of a Starbucks latte is well over $10, personal finance creators like this will still be saying don't give up the "5 dollar latte". Such bad faith advice.

Discipline, Consistency, and Patience! Start as soon as you can. Take advantage of everything your company offers you including stock purchase plan!

Here are the four smartest financial moves I've made. First, I started my 401k at age 30 with15% contribution. I'm now the future me at age 53 and so glad I did, its 7 digits and I'm planning to be retired in 17 months. My company also offers a good pension which I also benefit from. Second was buying a home. I bought a $300k home back in 2003 which is now over $500k in value. Third was refinancing my high interest rate 30 yr mortgage at 2.7% for 15 years when rates plummeted, this saved me about $150k in interest. My only regret is that I didn't do 10 year term instead. Fourth, I only buy used vehicles, 2-3 years old and drive them well over 100,000 miles and perform all routine maintenance myself.

Marketing insecurity is what America is really good at doing. This keeps people poor by tying their material wealth with their reputation and even morals. It's an evil that I found to be as bad as racism. I'm glad I left the US once I invested enough money to reach coast-fire.

Drive old cars, use cheap cell phones with NO contract, avoid a fast food habit. Retire with 1 million dollars in IRA. That simple.

Car maintenance. I learned to work on my own car since I was a teenager. My 22 year old vehicle is cheap to insure (liability only), taxes are way cheap, and it runs like new with over 200k miles. I have always done all maintenance on it myself. I only purchase parts and the occasional tool. That 1 factor has been a huge one over time. Also DIY everything around the house. Plumbing, electric, HVAC, etc. Same deal there. A lifelong skill set that pays huge dividends over time. Hourly, the savings I pocket is more than my day job pays. Totally worth it.