61% of people live paycheck-to-paycheck - My view?
Sure boh ? Maybe this is one of the reasons that contributed to inflation .
Do I live paycheck-to-paycheck?
"Paycheck-to-paycheck = To spend all of the money from one paycheck before receiving the next paycheck? "
If so, then NO .
I can't imagine myself living such a wild life like that .
I still preferred a future that has enough wealth & spending power 🔋& has no worries about financial at all .
This is also one of the reasons as to why I started investing. If not, there is no much convincing reasons to begin with (I'm not a gambler addict ).
"Paycheck-to-paycheck = To spend all of the money from one paycheck before receiving the next paycheck? "
If so, then NO .
I can't imagine myself living such a wild life like that .
I still preferred a future that has enough wealth & spending power 🔋& has no worries about financial at all .
This is also one of the reasons as to why I started investing. If not, there is no much convincing reasons to begin with (I'm not a gambler addict ).
Is it necessary to save certain amount of cash flow to invest / trade?
Definitely a YES .
U need to have bullets before u can shoot 🔫 .
Even Warren Buffett also preferred a lots of cash on hand to prepare for an opportunity .
Well, some pro investors may tell u that u do not need a lots of cash flow to invest, eg. 10k or maybe even as low as 1k is enough for u to make it to 1M or 100k in maybe 3 months?
DON'T listen to those idiots , their levels are too high from normal investors. (Don't let idiots talked u into it .)
Also, I guessed that they do leverages in order to make it happened...
They know what they are doing so...
Normal investors like us should just do it at our own pace = DO NOT leverage except u know what u are doing .
U can just DCA for a beginner noob investor. But make sure it's a good company/stock .
$SPDR S&P 500 ETF (SPY.US)$
$Vanguard S&P 500 ETF (VOO.US)$
$Invesco QQQ Trust (QQQ.US)$
Definitely a YES .
U need to have bullets before u can shoot 🔫 .
Even Warren Buffett also preferred a lots of cash on hand to prepare for an opportunity .
Well, some pro investors may tell u that u do not need a lots of cash flow to invest, eg. 10k or maybe even as low as 1k is enough for u to make it to 1M or 100k in maybe 3 months?
DON'T listen to those idiots , their levels are too high from normal investors. (Don't let idiots talked u into it .)
Also, I guessed that they do leverages in order to make it happened...
They know what they are doing so...
Normal investors like us should just do it at our own pace = DO NOT leverage except u know what u are doing .
U can just DCA for a beginner noob investor. But make sure it's a good company/stock .
$SPDR S&P 500 ETF (SPY.US)$
$Vanguard S&P 500 ETF (VOO.US)$
$Invesco QQQ Trust (QQQ.US)$
I preferred financial freedom = I'm flexible.
I can DCA or Buy & Sell at my OTOT if there is a need to .
Just control/manage my emotions .
I can DCA or Buy & Sell at my OTOT if there is a need to .
Just control/manage my emotions .
Always DYODD before investing
Peace
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whqqq : please accept my heartfelt thanks!
Milk The Cow OP whqqq : np .
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