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I'm really trying to get my money to work for me in a market that is seeing record highs! That means getting creative with my cash and I found a great way to make a return on my real estate portfolio without buying another property!
WeBull slid back into my DMs with a new promotion saying they missed me... So I went back.
Money buys free time, which is why I'm trying to make money work for me! Here's how my stock portfolio is doing so far for 2021 and what I've learned so far!
My passion project turned into a published book in 2016! I want to share how I did it, what it took to write one, and how you can do the same thing.
This isn't a video on money buying free time or an exciting adventure - it's a little bit of life.
The recommended amount for an emergency fund from people with a financial background is normally 3 to 6 months. That's 3 to 6 months of a decent amount of cash just sitting around when I want that money working for me.
We get so tied up in this Net Worth number that we forget that Cash Flow is the real number we should be paying attention to. I thought Net Worth was the thing I needed to focus on until I started investing and realizing what Cash Flow actually does for you.
Money buys free time, which is why I'm trying to make money work for me!
That's right - back in the Stonk Market after a 5 year hiatus. I had to make some decisions in 2015 which lead me to liquidate a good chunk of my stocks.
Well the time had come to get back in, build up another income stream, and learn along the way.
00:00 Intro s
01:01 How’d I get into this in the first place
03:22 Why did I liquidate $88,000
04:44 Why I got back in AFTER the pandemic market crash
05:44 Where the portfolio is at now
07:22 the current portfolio breakdown
08:31 metrics I look for
09:42 income so far
10:38 What I’ve learned the 2nd time around
Dividend Diplomats - https://www.youtube.com/channel/UC63_ndpOrdzca6k1FThGDqg
Our Rich Journey - https://www.youtube.com/channel/UChObmEJP3bgGUXJGc2ePP3Q
seekingalpha.com
Don't forget to "Like" this video and "Subscribe" to our channel.
If you want to watch this one check it out on YouTube - https://youtu.be/kaKvV5mCWAg
Get Connected: Site - https://www.joshcalcanis.com
Facebook - https://www.facebook.com/joshctv
Instagram - https://www.instagram.com/joshcalcanis/
LinkedIn - https://www.linkedin.com/in/joshcalcanis/
Get your copy of my book "What This Means To You" - https://www.amazon.com/What-This-Means-You-Millennials/dp/0993799698
*None of this is meant to be construed as investment advice. I am not a financial advisor. These are my opinions and what I'm doing for my investing portfolio. The video is accurate as of the posting date but may not be accurate in the future.
#stockmarket #financialfreedom #FIRE
... and I didn't have to spend a dime! I did some simple math and realized depositing $25,000 in WeBull could pull in 2 times the profit compared to my High-Yield Savings Account at Ally.
00:35 Choosing Webulls promotion & why
00:55 The deposit tier breakdown and choosing $25,000
01:35 Why I ultimately chose to do this
02:31 So let's do the math...
04:08 Interest versus free stock - who wins?
04:40 What I actually earned!
05:31 What was the lesson or reminder?
07:32 What did I do with the stock?
Don't forget to "Like" this video and "Subscribe" to our channel.
If you want to watch this one check it out on YT - https://youtu.be/buDq7MfkmFw
Get Connected:
Site - https://www.joshcalcanis.com
Facebook - https://www.facebook.com/joshctv
Instagram - https://www.instagram.com/joshcalcanis/
LinkedIn - https://www.linkedin.com/in/joshcalcanis/
Get your copy of my book "What This Means To You" - https://www.amazon.com/What-This-Means-You-Millennials/dp/0993799698
*None of this is meant to be construed as investment advice. I am not a financial advisor. These are my opinions and what I'm doing for my investing portfolio. The video is accurate as of the posting date but may not be accurate in the future.
#creativemoneymoves #financialfreedom #webull
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