Hipster Finance πŸ’΅πŸ”¨(@finance_hipster) 's Twitter Profileg
Hipster Finance πŸ’΅πŸ”¨

@finance_hipster

Dividend investor. Budgeter. Hipster. | Current read: One Up on Wall Street by Peter Lynch.

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linkhttp://Hipsterfi.com calendar_today27-01-2020 06:53:53

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If all repair and mortgage costs were perfectly baked into your rent, landlords would never go bankrupt, lose a property because they can’t afford it, or lose money on a property. But all three of those things happen.

Renting CAN be cheaper than owning.

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Fundrise dividend day is always fun each quarter. It’s been a nice $200+ income stream each a few times a year.

Overall returns have been similar to REITs due to the tough interest rate environment but the payouts have stayed consistent.

Fundrise dividend day is always fun each quarter. It’s been a nice $200+ income stream each a few times a year. Overall returns have been similar to REITs due to the tough interest rate environment but the payouts have stayed consistent.
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Odd trend of people saying to keep your savings in Bitcoin because of dollar inflation. This mixes short and long term timelines. Given volatility I would save cash for emergencies β€” a 50% bitcoin drawdown would be really tough to handle if it were your only savings.

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We’re trained at birth to be consumers by the media. Every tv show, movie, billboard ad and commercial has you and your neighbors competing to see who can own the most β€œstuff” and collect the most labels. You have to actively train your mind to let that go. It can take years.

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People flipping out about Robinhood’s 24 Hour trading market being down right now when most brokerages don’t even offer it

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People want to make an extra $1,000 a month in dividend income and they’re excited until I tell them that half of the key for me has been living on 50% of my income so I can invest the difference every month

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I talked to a realtor who owns a bunch of rental properties, and has done several fix and flips. Made great money through the years. He keeps all his money in real estate, owns basically no stocks/bonds except a money market account because he said β€œstocks scare me”.

Meanwhile I

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I talked to a realtor who owns a bunch of rental properties, and has done several fix and flips. Made great money through the years. He keeps all his money in real estate, owns basically no stocks/bonds except a money market account because he said β€œstocks scare me”.

Meanwhile I

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Whenever someone tells you dividends are wasted money and growth stocks are better because they reinvest the cash for growth, refer them to this great Peter Lynch quote from 1987:

β€œGillette had a spectacularly profitable razor business which it gradually reduced in relative

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Whenever someone tells you dividends are wasted money and growth stocks are better because they reinvest the cash for growth, refer them to this great Peter Lynch quote from 1987:

β€œGillette had a spectacularly profitable razor business which it gradually reduced in relative

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