Comments by "Magic Beans" (@Magic_beans_) on "Investment Analyst Reacts to Investing TikToks (Part 4)" video.

Ice bath, journaling, meditation, edging, everything you’d expect for someone with the sigma grindset.
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@Illusion666 It was back in the 1980s, it’s basically Ramsey’s origin story. He’d accumulated some $4M worth of real estate but it was one debt propping up another. Then one of the banks he worked with got sold, and the new owners called $1.2M of his debts. He filed for bankruptcy two years later. I wouldn’t exactly call him a fake guru in the Coffeezilla sense. His teachings are roughly in line with those of Jack Bogle and he doesn’t claim to know any secret techniques or systems. Then again he makes money off books and seminars, then uses that wealth to convince listeners he knows what he’s talking about.
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@briangasser973 That’s the general rule for covered call strategies, lower but steadier returns than the underlying. You can see this in basically all the “option strategy” ETFs like TSLY, NVDY, DISO, and JEPQ.
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> keep doing whatever the hell it was I did to earn $100,000 But that involved working and earning a paycheck. If there’s one thing passive-income folks stand for, it’s to exit the workforce as soon as possible.
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6:20 Rewatching this I’m realizing the “buy a mansion with crypto” kid was expecting the Anchor Protocol’s rate to last for the entirety of his 30 year mortgage. That was always intended to be a promotional rate to encourage UST adoption. That should be fairly obvious when the rate earned on more established currencies is about on par with a savings account (as of early 2024 staking ETH pays about 3% per year).
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