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Real-life Wolf of Wall Street gives advice for investors
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- Опубликовано: 29 янв 2024
- The real-life Wolf of Wall Street, Jordan Belfort, explains how to be successful with money - saying the irony is that all the things “you might think you should do” are what you “shouldn’t be doing”.
“Like for example, trying to find a young winning stock and then you know, buy it and sell it and make a big profit, or time the market," he told Sky News Australia host Piers Morgan.
“All that stuff is just … work.
“The simple way is you want to buy the entire market, is it Index, the S&P 500 - and you want to buy it and hold it, and you can start with a little bit of money or a lot of it.
“The key is you want to make a little contribution every month, every quarter, and let time do the heavy lifting.”
'You know what's fun? Retiring and being rich' - precisely this. Boring, but consistent investing, even on a modest income - over 30 years - gets you to being a multi millionaire without a lot of effort. I know. I've done it. But .. people don't want boring ... and people don't want to hear anything about a damn 30-year plan. Yikes.
I always take advice from criminals
my thoughts exactly
They built the system..
I worked as a professional fund manager looking after hundreds of billions of Dollars of other people's money over my career. He is absolutely on the money. I retired at 55 and invest my own money along the lines he is suggesting. Diversify... be patient ... build capital and don't waste your money on cr*p. There is no short cut except for the very lucky and even then it's just random. Time, patience diversification not being a dick... these are your friends.
I just finished watching the movie for the 5th time this dude is crazy
Next on the program, we will be discussing asset management and the importance of choosing the right portfolio manager with Bernie Madoff. 👏
I dont want a broker Wolf. Can I phone them up buy direct put it in my own filing cab?
Wish he would have said you don’t need an Edward Jones. You can buy and sell yourself.
"Next on the program we have Bill Cosby who's going to be talking to us about the importance of consent"
I could not have written the script any better, Hello Jordan 😂
In Mesopotamia the debt controllers used seals to assign fake debts, until they couldn’t 😉
So I take it Jordan’s in the i-fink I-fink I-fink sisterhood?
Jas THAT bloodline
Interested is he
Advice from criminal, fuck yeah :)