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7 Images For Every Investor
A picture worth a thousand words, I mean dollars.
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Quote
“Anyone who stops learning is old, whether at twenty or eighty. Anyone who keeps learning stays young.” - Henry Ford
Picture Perfect
When words don’t cut it, that’s where graphics and images come in the clutch and can often teach you more.
It’s no different when it comes to investing. One can preach the way of dollar cost averaging and ignore the news, but a little extra “proof” never hurts.
In order to help iron these concepts into your brain. Here are seven images that could make you thousands of dollars as an investor.
(This is one of my favorite posts that I do every year. You can click here to view the 7 images from last year’s article.)
Let’s get into it 👇️
1) Reason To Sell
This is a repeat from last year, but it’s always worth looking back on. Why?
Because sh*! happens, and whatever is happening this time probably isn’t different.
2) Don’t Time The Market
Cheating with this one…there is actually two graphics.
The first is what not to do, and the second proves why.
2022 was a scary year no doubt. Unfortunately many people halted their investments. This is a prime example of what you don’t want to do as an investor.
Trying to miss the “crash” and catch the bottom is a dangerous game. You have to be right twice. Once when you first sell, and once when you buy back in.
If you are wrong one of these times you could easily end up missing some of the best days in the market…and your returns will show for it.
3) Day Trading Is Gambling
If you want to day trade go to the casino.
If you want to invest long term go to the stock market.
Seriously, you have better odds winning at blackjack than guessing right on what a stock is going to do in the next three hours (Here is a full write up on your odds of playing perfect blackjack vs the S&P 500).
4) You Can’t Change Some Things
It’s weird that some people struggle to understand this, but you have no control over what the market is going to do.
The sooner you accept this, the sooner you can begin to direct your focus where it matters.
5) Herd Mentality
Just because everyone else is doing it doesn’t mean it’s right.
6) Gains Vs Losses
A big loss requires an even bigger gain to get back even.
While some see this and get scared, some see this and realize the opportunity offered during a market crash or pullback.
7) Politics and Investing Don’t Mix
Despite what every person in office want’s you to think, the market doesn’t care who is president.
Republican or Democrat, up and to the right has continued.
Conclusion
These graphics touch on a lot of the concepts that are considered “basic knowledge” when it comes to investing. While words are great, sometimes a good picture can make all the difference.
Also, I don’t take any credit for these images! All credit goes to the G’s that put these money-making images together.
Till next week ~ Cade.
Don’t miss the next email 👇️
Chump Change Picks
17 Money Thoughts - Ben Carlson put together a great article on his money thoughts. Some might be “hot takes,” but give it a read and see where your perspective falls.
How To Supercharge Your Business - Twitter post by Nick Huber outlining the 12 step plan for blowing up a business. Best part is he includes all of the tools he uses.
Red Bull Creates Worlds Fastest Camera Drone - If you enjoy F1 racing, or have any sort of engineering interest this is an awesome video showing the development and testing of the fastest camera drone in the world.
Best Memes
Bitcoin holders are feeling froggy now.
Boss: You were late this morning
Me, with 0.000042069 BTC: watch your mouth
— Ramp Capital (@RampCapitalLLC)
5:17 PM • Feb 28, 2024
No lies detected.
Everything is just fine...
— Wall Street Memes (@wallstmemes)
4:16 PM • Feb 26, 2024
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Nothing in this email is intended to serve as financial advice. Do your own research. Thanks for reading, if you have any questions, comments, suggestions, etc. about the email don’t hesitate to send me a reply.