• TRAPPIN 101

  • Nov 23 2024
  • Length: 18 mins
  • Podcast

TRAPPIN 101

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  • Summary

  • This e-book, "TRAPPIN_101.pdf," is a beginner's guide to stock market investing. It emphasizes the importance of paying yourself first to build an investment portfolio, recommending allocating at least 10% of income to investments. The guide suggests building a diversified portfolio of at least 10-12 companies, researching thoroughly before investing, and using dollar-cost averaging to mitigate risk. Long-term investment and understanding the power of compound interest are highlighted as crucial for achieving financial success. Finally, the author stresses the importance of patience and discipline to achieve financial freedom.
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