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Steady income + using that income to buy assets + not caring what people think about you + a decade = wealth building
Lindsay
86K posts
Lindsay
@lindsay__stamp
Product Manager | Building cool things | Bitcoin
United States
Joined January 2011
- I just found an old savings bond a family member gifted me in 2011. They bought it for $25 and now 14 years later, the treasury direct website says it’s grown 1.1% per year and is worth $29.20 😭😭
- Was listening to a podcast this morning & this dude started a company in his 20s & by 29 he sold it for 30M. He walked away with 20M & invested 60% in equities & 40% in fixed income. He follows a 3% withdrawal rate so the portfolio spins off $50,000 a month 🤯 Levels.
- One thing I didn’t expect to learn as an adult is that showing up everyday on time with a good attitude and doing your best will set you apart from 90% of people.
- We work 8 hours a day to enjoy 5 hours in the evening. We work 5 days a week to enjoy 2 days on the weekend. We work 48 weeks a year to enjoy 4 weeks of PTO. We work 45 years to enjoy 10 years in retirement. Idk about you but I just simply can’t accept that for my life.
- The locals in Southern Italy said they’ll sell us a house for €1 if we’re willing to pay the taxes and renovations but they said we won’t find a single person willing to take our money and do any work
- The older I get the more I realize that the secret sauce is literally just showing up every single day on time with a good attitude and doing your best
- Boomers bought homes for $100k that are worth $1.5 million now and we can buy a bitcoin for $100k that’ll be worth $1.5 million in a couple decades. I think we’ll look back and realize this was the most obvious play imaginable
- One time someone told me, “If you’re ambitious enough to build wealth and retire early, you won’t be happy sitting on the beach doing nothing in retirement” and I think about that a lot.
- The harsh truth is that at some point, people stop talking about your potential. You either become the person who did the thing or you don’t
- $100,000 is still a great individual salary anywhere in the United States and that’s a hill I will die on
- It took us 7 years to get $100,000 invested in the stock market and today, just 2.5 years later, we’ve crossed $200,000. I’m grateful.
- I’m probably going to get roasted for admitting this but I don’t care… For the last couple months I’ve been driving for Uber on the side and putting every single dollar I make from it into #bitcoin. I’m getting to whole-coin status one way or another ASAP 🤷🏻♀️
- Replying to @FAFO_TVDoes anyone else feel like the ocean is one of the most terrifying things in the world?