If you had to restart your finance journey from zero, what would you study first?Trying to get financially literate but the sheer amount of info out there is overwhelming. Help a bro out.
>>62283916DCA into S&P 500 and spend your time thinking about businesses that are profitable and will scale. there are no other options. you won't get rich from working, picking individual stocks, day trading, options, crypto, forex, sports betting, prediction markets, etc. -- it's all a scam.
>>62283916VWCE and chill
Explore /smg/ thread. https://www.youtube.com/watch?v=rL6EGCSAwtw
>>62283916Idk id just buy random shit.So no difference really
>>62283916I’d’ve not married my ex and put the extra cash on hand from that into BTC.
>>62283925The reality is worse than this even. You won't get rich owning a business either, not unless you have rich relatives willing to provide you a lot of startup capital to get your business off the ground. There are millions of business owners who live hand to mouth and it's because they didn't have that connection. Business loans are an anchor that keep you grounded.And DCA into the S&P500 is just for preserving your wealth against inflation (the real inflation rate, not the fake one). You won't get rich investing in index funds, the best you can hope for is to tread water.But you did make the financially wise decision of being born into a wealthy family, right?
I would figure out a way to magically turn my $1 into 10, 100, 1000, 10k, 100k, then a million, squished wizard pepe style. It's easy after that.
>>62283916crypto cycle, and alts, only way to make with low income/portfolio. Don't worry about people saying crypto is dead, old projects are dead like in any cycle. Anything new pumps from 5-10x at least in a bull run. Bitcoin isn't the make it game, only if you leverage.Otherwise if you like stocks, learn about PE, revenues, cycles, trends, dividends and so on. Best thing is also to look around to waht people are talking about, that's the thing to invest.
>>62283916I would study LINK and get in earlier.
>>62283916>>62284032Business = capital inflow through government grants, venture capital, sales (in that order) through marketing. Forget the product. Business is about marketing to the people who control capital spending.SP500 is not for you, you need to invest into the trending industries, which change every few years.
>>62284174shitcoin died when the wall street sociopaths started to take crypto seriouslyhere's a bitcoin chartoh wait, it's silver behaving like a rugpulled jeet shitcoin thanks to the valuable work of JPMorgan parasites
>>62283916Dowsing and radiesthesia.And I would move to a north italian monestary.
>>62283916You don't need any financial literacy to trade stocks. I can't do half the match, but I would have gained and lost money exactly the same. You don't control a company's profitability just 'cause you can read their numbers.Though, you might want to stick to paper trading for a while. I personally don't understand options, and they seem leaps and bounds beyond my risk tolerance.
>>62284294>match***MathWhat IS this autocorrect?
