StockGuruHQ(@StockGuruHQ) 's Twitter Profileg
StockGuruHQ

@StockGuruHQ

Discover overlooked opportunities and amplify your gains with our small cap stock insights and unlock hidden gems!

ID:1727202185622994944

calendar_today22-11-2023 05:48:05

631 Tweets

15,3K Followers

21 Following

StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

Schools should teach:

- Financial literacy
- Investment strategies
- The power of compounding
- Diversification principles
- How to analyze stocks
- The importance of dividends
- Risk management
- Long-term financial planning What else?

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

You wake up with access to $100,000 free and clear…

What are you doing with the money?

Diversifying into top-performing dividend stocks like Enerplus and CCL Industries.

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

In your opinion, what’s a comfortable salary to live on in 2024?

Enough to invest in high-yield stocks like Ritchie Bros.

Auctioneers.

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

It’s estimated that 70% of wealthy families lose their money by the second generation.

A stunning 90% by the third.

Why do you think this is?

Lack of financial education and investment strategy.

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

Over the next decade, millennials will inherit over trillions… yes, that’s correct.

What is the FIRST THING someone should do when they inherit a large sum of money?

Invest in dividend stocks.

Wrong answers only…

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

If you had to boil it down to a single trait,

What makes someone financially independent?

Diversified income streams.

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

By age 30, you should have:

- A diversified portfolio
- A steady income from dividends
- Investments in high-yielding stocks like Enerplus and CCL Industries

What else?

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

This advice has served me well:

“The fastest way to secure retirement is to learn from those who’ve done it successfully.”

Especially with retirement planning, don’t go it alone.

Find a financial advisor.

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

$1,000 invested in a diversified retirement portfolio back in 2000 would be worth significantly more today.

The power of compound interest and strategic planning is undefeated in building wealth.

When did you start?

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

If you received a retirement bonus right now, do you think you’d still have it in 10 years?

Over 70% of people underestimate their spending post-retirement.

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

Your best chance of a comfortable retirement is building up your diversified income sources.

You can do this with:

1. Government pensions
2. Employer pensions
3. Personal savings (RRSPs, TFSAs)

What would you add?

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

Warren Buffett said it best:

“It’s not how much you earn, but how much you keep, how hard it works for you, and how many generations you keep it for.”

Does this resonate with your retirement planning?

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

Don’t save blindly for retirement, forgetting the life you want to lead. Retirement is more than a number… it’s:

- Freedom to explore
- Time with loved ones
- Pursuing passions
- Leaving a legacy

Having funds without these isn’t worth it.

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

The best time to save for retirement is when you're earning.

The best time to strategize withdrawals is when you're retired.

Otherwise, diversify your income sources and play the long game.

Financial wisdom or folly?

account_circle
StockGuruHQ(@StockGuruHQ) 's Twitter Profile Photo

The fastest way to financial independence is learning from those who've achieved it.

Especially in investing, don't go at it alone. Find a mentor who's navigated market cycles successfully.

Who's your financial mentor?

account_circle