mike 💭
@MikeTheCompass
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👟 Sneakerhead turned investor sharing my journey 📈 Building passive income, one stock at a time 🍳 Food, family, and financial freedom
Denver, Colorado
Joined June 2010
Traded SPX today 😂 GREEDY GREEDY. Easy money I’ve ever made and lost in minutes lol.
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Where will you be in ten years?. Will you be in the same spot or will you grow?. Start making choices today that lead to a better tomorrow.
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You can still enjoy your Jordans. Balance your spending between shoes and investments. It’s not about giving up what you love, but enhancing your future.
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Remember, buying low helps you mitigate risk. When Nike stock was as low as $54, that was a great time to buy. Invest in what you love and let it work for you.
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You don't need thousands to start. You can buy one share of Nike today. Every little bit adds up over time.
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The secret? Reinvest your dividends. This is called the DRIP strategy. It allows your investment to grow without extra effort.
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In ten years, that $7,500 could double to $15,000. In twenty years, it could reach $30,000. By year thirty, it could be worth $60,000.
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Right now, Nike pays about $1.41 per share annually. To buy a pair of Jordans every year, you'd need around 128 shares. That’s a $7,500 investment, but it can grow significantly over time.
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What if skipping one pair of Jordans could pay for all your future pairs?. Instead of spending $180 on shoes, invest that money in Nike stock. One good investment can pay dividends for generations.
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MSTY - take return and buy 25K of $VOO and $SCHD.
If you could only choose 1? 🤔👇. $50K into $VOO → ~ $705 dividends/year.$50K into $SCHD → ~ $2,005 dividends/year.$50K into $MSTY → ~ $50,000 dividends/year.
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Idk about yall but if I was making millions of dollars a month a would not selling a course lmfao.
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RT @HoopMixOnly: Everytime I get mad at my sports team for losing, I remind myself of what Giannis said. Arguably my favorite response to a….
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This last year was easily one of the of the most life changing times of my life. 🙏🏽.
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Why are you waiting for the perfect moment to get started? It doesn’t exist.
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Reflect on your journey:. Daily choice: what will I do for me today?. Seek peace over possessions. Growth brings more than material wealth.
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