Currently at college waiting for my next class to start (Consumer Behaviour) and was thinking about everything i've learned and done little over my first year investing in the market. Accomplished⭐ -$20,000 invested at 22. -Build a 5-6 Month Emergency fund. -Invested every paycheck no matter what. -Made some great connects on this platform. Learned👨🎓 -Consistency beats everything. -Use the KISS Strategy to your portfolio. -Credit Cards are a powerful tool (use them). -Stay Diversified. -It's ok to splurge on yourself once in a while, enjoy life. What are you proud of on your investing Journey Because you should be⏬⏬ Cheers. Enjoy the week.👋read more
Not my first six-figure account, but my first $100K milestone on Wealthsimple — and hitting it at 22 feels pretty damn good. Unlocked Premium too 😮💨 Not a flex post, just sharing because seeing other people hit milestones like this always motivated me. It’s possible. Stay consistent and keep building.
Ive been investing for about 2 years now and SCHD hasnt been on the top of my radar its mostly been VOO and VXUS which is what im currently investing in, Today I am putting aobut 10% of my portfolio into SCHD just to test it out and the overlap between the 3 isnt TO bad. I will let you guys know how it goes
Too many people assume following the advice given in a 30-sec clip about the "top 3 stocks to buy today" is the best way to get rich in the stock market... Decades of market data and research prove the exact opposite: buying one simple, low-cost index fund crushes stock picking over time. Here is the real math, the studies, and why doing less actually makes you more... 🧵 1️⃣ The "needle in a haystack" problem. A landmark study examined more than 26,000 individual stocks over a 90-year period: • 58% of individual stocks made less money than keeping cash in a savings account. • The most common outcome for a single company's stock was going all the way to $0 (bankruptcy). • Just 4% of all companies generated almost all the extra growth in the entire stock market. When you buy a whole-market index fund, you are 100% guaranteed to own that winning 4%. When you try to pick individual stocks, missing just two or three winners ruins your entire return. 2️⃣ Even the full-time professionals lose to the index. S&P Dow Jones tracks professional fund managers every year. These are people with finance degrees who pick stocks 60 hours a week with multi-million-dollar research budgets. The results over 20 years: • More than 9 out of 10 professional stock pickers fail to beat a simple index fund. If the best-funded pros in the world fail 90%+ of the time, trying to pick winners on an app after work is playing a game with the odds stacked against you. 3️⃣ The real math on a $10,000 investment. Here is what happens to $10,000 over 25 years based on historical market returns: • The Simple Index Investor (earning the historical ~10% annual market average): $10,000 grows to ~$108,300. • The Average Stock Picker (earning ~6.5% per year due to bad timing, fees, and picking duds): $10,000 grows to ~$48,300. That is a $60,000 difference. More than half of your potential wealth disappears simply by trying to outsmart the market. 4️⃣ Trading hurts your returns. A UC Berkeley study analyzed 66,000+ household investment accounts over six years. The result: Investors who traded the most earned 11.4% a year, while the broad market grew 17.9%. That is a 6.5% annual penalty just for being active. Why? Human emotion: • We trade on panic and hype. • We sell winners too early for quick cash. • We hold losers all the way down, praying they bounce back. 👇 Stop looking for the needle. Buy the whole haystack. The research-backed game plan: • Pick a low-cost, all-in-one global index ETF (like VEQT or XEQT) • Invest a set amount every single month • Automate it inside your TFSA or RRSP • Leave it alone and let compounding do the work Boring investing builds exciting wealth. Focus on living your life, and let the entire global economy work for you.read more
