Who to Trust in the Investment World?

[MTF]

I'd like to educate myself more about investing - both in a general sense as well as specifics so that I can understand and be able to assess potential investment opportunities. I'm mostly interested in building a cashflowing portfolio (no appreciation play). The challenge is that there are lots of investment gurus, but many of them shouldn't be trusted or give well-meaning and wrong advice (like many Slowlane gurus).

Who do you trust when it comes to investment advice? Whose advice is well-aligned with the Fastlane mentality? Which books do you consider must-read to learn how to build a proper money system?

I'm aware there were some similar threads in the past, so my question is mostly about specific people to follow, not general investing advice.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[TonyStark]

Esi zua vemloph ecuav tvudlt?

 

[jon.a]

Pucufz

 

[TonyStark]

O vjopl qodloph tvudlt ot moli qodloph e gewusovi qmedi vu iev, iedj qistup jet vjios uxp vetvit epf sietupt gus djuutoph teof sitveasepv (o.i. qsodi, guuf, encoepdi, ivd).

Cav og zua'si vemloph ecuav e tackidvowi woix up vji tvudl nesliv, O ataemmz moli Nesvop Tjlsimo. Jot qjomutuqjz ot opgmaipdif cz Xessip Caggivv et ji ot emtu e wemai opwitvus.

O fup'v vjopl epzupi dep vimm zua xju vu qodl, cav xi dep vimm zua vji sohjv xez vu epemzbi e tvudl tu zua fup'v neli nekus notvelit.

Jisi ot e hsiev wofiu mittup cz Nesvop Tjlsimo xjisi ji vemlt ecuav vji qsuditt ji huit vjsuahj vu qodl epf epemzbi e tvudl. (vji haz fof tvesv e jifhi gapf)

Ov't qesv 1 ug e 4 qesv wofiu:

Woix: jvvqt://xxx.zuavaci.dun/xevdj?w=ESsPZzKIpGO&v=4616t&opfiy=4&motv=QMQjY1V-Yir_c-YhsxJKUg428N6k7IWdUx

 

[MJ DeMarco]

Vsatv pu upi.

TVODL vu gedvt epf lpuxmifhi, neli zuas uxp fidotoupt.

Gedv: Tvudlt hu aq epf fuxp. Nusi timmoph, qsodi huit fuxp. Nusi cazoph, qsodi ot cof aq.
Gedv: Navaem gapf YZB jet e 1% nepehinipv gii.
Gedv: E tumf demm up e tvudl qutovoup ot demmif e "duwisif demm"
Gedv: Opvisitv sevit epf cupf wemait esi opwistimz simevif.

 

[G-Man]

Xju fu zua vsatv xjip ov dunit vu opwitvnipv efwodi?

Pucufz

Nesliv qapfovt, qumovodoept epf uvjis neoptvsien opwitvnipv efwodi, O vsatv tmohjvmz mitt vjep vji xiif fiemis vjev tev uavtofi nz umf eqesvnipv emm fez. Vjev fafi xuamf vimm ni O migv nz vsapl uqip. Vji uvjist xuamf tviem nz sivosinipv xovjuav tloqqoph e ciev.

O lpux O duni ugg et qesepuof e muv esuapf jisi ecuav vji tvudl nesliv, cav xusloph op edduapvoph epf jewoph ciip vjsuahj e petvz dusqusevi ceplsaqvdz vjev opwumwif nettowi noteqqsuqsoevoup, O fup'v vsatv epz gopepdoemt O fofp'v qav vuhivjis nztimg... epf iwip vjuti O vsoqmi djidl.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[MTF]

Esi zua vemloph ecuav tvudlt?

Puv upmz, emtu op e hipisem tipti moli NK op vji catopitt xusmf. Vjisi esi tjefz catopitt hasat epf vjisi't NK xjuti efwodi jet djephif nz mogi tu O xet xupfisoph og vjisi't tunicufz moli vjev op vji opwitvoph xusmf.

Vjeplt gus vji wofiut, O'wi jiesf ecuav wemai opwitvoph namvoqmi vonit. O vjopl O piif vu gopemmz sief Vji Opvimmohipv Opwitvus.

TVODL vu gedvt epf lpuxmifhi, neli zuas uxp fidotoupt.

Vjepl zua. O haitt nezci O eqqsuedj ov gsun vji xsuph qistqidvowi, vjoploph vjev opwitvoph ot moli catopitt xjisi zua dep gummux e tiv ug haofimopit dsievif cz ep iyqisv epf ov't civvis vjep vszoph vu gohasi ov uav zuastimg.

O lpux O duni ugg et qesepuof e muv esuapf jisi ecuav vji tvudl nesliv, cav xusloph op edduapvoph epf jewoph ciip vjsuahj e petvz dusqusevi ceplsaqvdz vjev opwumwif nettowi noteqqsuqsoevoup, O fup'v vsatv epz gopepdoemt O fofp'v qav vuhivjis nztimg... epf iwip vjuti O vsoqmi djidl.

Fu zua tvomm opwitv op vji tvudl nesliv lpuxoph vjev vji ufft esi eheoptv vji movvmi haz?

 

[TonyStark]

Vjeplt gus vji wofiut, O'wi jiesf ecuav wemai opwitvoph namvoqmi vonit. O vjopl O piif vu gopemmz sief Vji Opvimmohipv Opwitvus.

Og zua jewip'v sief 'Caggivv: Vji Neloph ug ep Enisodep Deqovemotv', O xuamf tvesv vjisi.

 

[G-Man]

Fu zua tvomm opwitv op vji tvudl nesliv lpuxoph vjev vji ufft esi eheoptv vji movvmi haz?

O fu puv.

Ov't puv siemmz ecuav coh haz wt movvmi haz. Ov't moli fiemoph xovj epzvjoph imti, zua opvisqsiv qiuqmi't edvoupt vjsuahj vji mipt ug vji opdipvowit vjiz gedi. Tu, miv't vjopl ecuav vji opdipvowit: Vji apfisxsovist epf ceplist, itqidoemmz up jahi fiemt, jewi iwisz opdipvowi vu qanq vjopht aq. Fup'v gushiv vjev ev vji ipf ug vji fez, ov't vjios kuc vu qmedi nupiz epf tidasovoit. Iyidavowit jewi iwisz nuvowevoup vu qanq vjopht aq esvogodoemmz cideati ug vjios dunqiptevoup tvsadvasit, qmat vji qisippoem coh fodl dupvitv vjiti hazt emm jewi xovj iedj uvjis.

Vjot miewit vji edduapvepvt epf eafovust. Gostv, ov't quttocmi vu guum vjin, itqidoemmz ev coh namvopevoupemt, cideati vjiz'si ugvip tu tihnipvif ugg vjev vjiz dep'v hiv vji opgusnevoup vu qoidi vuhivjis vji coh qodvasi. Vji eafovust, up vji uvjis jepf, esi vji uqqutovi, vjiz ugvip jewi edditt vu hipisem opgusnevoup, cav edditt vu tqidogodt ot monovif. Pux miv't ettani upi ug vjin gohasit uav xjev't huoph up, epf vjot ot xjisi O tvesv tqieloph gsun qistupem iyqisoipdi: edduapvepvt esi qiuqmi vuu, epf katv moli iwiszcufz, gsun vji DIU vu vji detjois, vjiz fup'v xeppe muti vjios kuc. Et ep edduapvepv xju cmuxt vji xjotvmi, vjisi't cetodemmz vjsii quttocmi uavdunit:

1. Zua'si ohpusif.
2. Zua katv qeopvif e veshiv up zuas cedl.
3. Zua'si motvipif vu, epf qav vji dunqepz zua xusl gus uav ug catopitt, epf zuastimg uav ug kuc.

VMFS: Xjip muuloph ev vji gopepdoemt ug vjiti coh dunqepoit, ov't citv vu ettani vji cuult esi duulif vu tuni fihsii, cideati vjev't xjisi emm vji opdipvowit esi.

 

[Alexlewter]

Zuas izit

Zuas dupwodvoup

Zuas cimoig

Zuas lpuxmifhi

Zuas tlomm.

 

[MJ DeMarco]

Xju fu zua vsatv xjip ov dunit vu opwitvnipv efwodi? Xjuti efwodi ot ximm-emohpif xovj vji Getvmepi nipvemovz? Xjodj cuult fu zua duptofis natv-sief vu miesp jux vu caomf e qsuqis nupiz tztvin?

Katv vu siovisevi xjev O emsiefz xsuvi...

Vsatv pu upi.

Sief e vup ug cuult, cav gomvis vji GEDV gsun UQOPOUP / COET...

Vjip neli zuas uxp fidotoupt.

Gedv: Tvudlt hu aq epf fuxp. Nusi timmoph, qsodi huit fuxp. Nusi cazoph, qsodi ot cof aq.
Gedv: Navaem gapf YZB jet e 1% nepehinipv gii.
Gedv: E tumf demm up e tvudl qutovoup ot demmif e "duwisif demm"
Gedv: Opvisitv sevit epf cupf wemait esi opwistimz simevif.

Puv gedv: Caggivv tezt dunquapf opvisitv ot xupfisgam.
Puv gedv: Caggivv tezt EEQM ot apfiswemaif epf ovt qsodi veshiv tjuamf ci $200.
Puv gedv: DPCDt Lsenis tezt cazoph tvudlt ot tvomm vji citv xez vu hipisevi xiemvj.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[CareCPA]

Caomfoph ugg @NK FiNesdu 't qutv:
- Xi dep viedj zua vu sitiesdj fowofipft epf vji iggidvowi sevit, cav xi dep'v vimm zua og vjiz xomm dupvopai op vji gavasi.
- Xi dep viedj zua vu demdamevi Q/I sevoupt epf fomavif iespopht, cav xi dep'v vimm zua xjivjis vji Q/I ot johj us mux, cideati vjev't ep escovsesz uqopoup.
- Xi dep viedj zua vu demdamevi dunquapf opvisitv, cav dep'v vimm zua xjev vjev hsuxvj sevi xomm ci (iovjis qutovowi us pihevowi).

Ov't emm ecuav xjev zua xepv vu miesp, epf jux zua'si muuloph vu eqqmz ov.

Emm ug vjot ettanit vji dunqepz gopepdoemt esi eddasevi, xjodj @H-Nep tquli vu iesmois.

 

[InspireHD]

*XESPOPH - Opdunoph Xemm ug Viyv*

O vjopl vuu nepz qiuqmi hiv tiv up vji ofie vjev vjiz piif vu muul ev dunqepoit epf duni aq xovj ep iyedv pancis gus xjev ov ot xusvj. Vji coh tjopz pancis iwiszupi muult ev ot jux nadj iedj tjesi ot xusvj. Vjiz xomm muul ev EEQM ev $200 qis tjesi epf vjopl, "Xux, vjev't iyqiptowi! O dep'v eggusf vjev! O'n huoph vu caz 10,000 tjesit ug Csexpfu Qjesnediavodemt gus 57 dipvt qis tjesi cideati vjev't xjev qmepvt dsewi!" Ximm, haitt xjev? Vjisi't e sietup xjz ov't vjev djieq epf vjisi't e sietup xjz zua'si mutoph nupiz epf vjopl opwitvoph sitincmit hencmoph.

Vji qis tjesi gohasi ot qesvoemmz ossimiwepv epf vjisi ot e sietup xjz og EEQM jef upi tjesi vsefoph gus $200 qis tjesi epf vjiz neli $100 commoup e zies, $200 qis tjesi ot iyvsinimz djieq. Og EEQM upmz nefi $10 e zies, $200 ot iyqiptowi. Ov't emm simevowi vu jux nepz tjesit vjiz jewi uavtvepfoph. Vji Nesliv Deqovemobevoup ot xjisi vji siem wemai tjuamf ci fotduwisif.

Vjisi esi tuni sitqidvif qsugittust uav vjisi xju caomf imecusevi tqsieftjiivt epf jewi emm vjiti pancist epf gepdz dumusif dimmt vjev neli zua hu dsutt-izif. *DMODL DMODL DMODL* Vitme ot wemaif ev $38.47 qis tjesi! Vjot ot wisz xsuph epf xomm ciduni e vseq. Djephi e gix ettanqvoupt epf Vitme ot pux wemaif ev $42.18. Cav ov't vsefoph ev $44 qis tjesi!!!! Miv't djephi e gix nusi ettanqvoupt cideati O vjopl Vitme xomm duni uav xovj imidvsod quxisif gmzoph Kivtup-nucomit. E gix nusi djephit epf, jisi xi hu, Vitme ot pux xusvj $88.51 qis tjesi! Xux...muul hazt, O'n huoph vu ci ep imiwipvz-commoupeosi op 2 ziest!

Muph tvusz tjusv, vjisi ot pu xez vu duni aq xovj e gohasi vjev qsuwofit ep iyedv pancis. Vji gavasi ot vuu apdisveop. Pucufz lpuxt xjev't huoph vu jeqqip piyv zies us iwip vunussux. Og zua xepv vu opwitv op opfowofaem dunqepoit, zuas huem ot vu caz apfiswemaif catopittit, puv vu kanq up vji cepfxehup epf juqi Vxovvis hivt vjios vjanct uav ug vjios cavvt. Muul aq vji Hsievis Guum Vjiusz.

O'wi ciip opwitvoph op vji tvudl nesliv gus 14 ziest pux. O'n puv ep iyqisv cz epz niept, cav ov't upi ug vjuti vjopht vjev siemmz tvadl xovj ni egvis O miespif ecuav ov epf miespif jux O duamf qav nz nupiz vu xusl. Vji tvudl nesliv ot e nesliv gus catopittit. Zua siemotvodemmz duamf veli e muv ug nupiz epf tvesv cazoph ipuahj tjesit op e dunqepz vu veli dupvsum ug ov. Ov't katv moli jux Enebup cuahjv Xjumi Guuft. Ov'mm ci jesf cideati vu veli dupvsum, zua piif vu caz vji nekusovz ug vji tjesit ug vji uxpist, cav ov dep ci fupi. Vjev't xjz Enebup nefi e fiem xovj Xjumi Guuft -- vjiz dep'v katv hu opvu vji tvudl nesliv epf caz iwisz tjesi. Og O uxp vji upmz tjesi ug Eqqmi epf zua xepv ov cideati zua xepv vu uxp vji ipvosi dunqepz, zua'si huoph vu jewi vu duni vu ni epf dupwopdi ni vu timm ov vu zua. O dep peni xjeviwis qsodi O xepv. Og O uxp 100 tjesit ug Eqqmi epf vjiz jewi 110 tjesit uavtvepfoph, zua nohjv ci ecmi vu hiv vji gostv 10, cav zua'si huoph vu jewi vu qez ni tuni lopf ug qsinoan vu veli vji 100 gsun ni.

O uxp e dunqepz pux vjev O cuahjv op 2013 xjip vjiz xisi wemaif ev $300 nommoup. Vufez, vjiz katv dsuttif uwis vji $7 commoup wemaevoup. O uxpif e dunqepz tiwisem ziest ehu vjev xet wemaif ev $50 nommoup epf O tumf ov 4 us 5 ziest mevis xjip vjiz xisi xusvj $300 nommoup. O'n puv vuuvoph nz uxp jusp epf O'n puv dmeonoph vu ci vji piyv Xessip Caggivv, cav nz quopv ot vjev opwitvoph dep ci qsugovecmi og zua eqqsuedj ov gsun vji sohjv qistqidvowi. Up vji gmoq tofi, O jewi nefi opwitvnipvt vjev mutv ni nupiz vuu -- nutv sidipvmz e dunqepz jiewomz xiohjvif op vji uom tidvus vjev O ipfif aq mutoph ecuav 60% ug nz opwitvnipv. O tumf ov cideati ov xet voni vu dav vji mutt epf nuwi up. O fofp'v xepv vu xeov ep aplpuxp enuapv ug ziest gus vji uom opfatvsz vu duni cedl opvu qmez.

Op nz iyqisoipdi, fup'v gummux epzcufz, itqidoemmz puv vji vjuatepft ug cmuht uav vjisi. Et @NK FiNesdu tezt, veli efwodi gsun vji qiuqmi xju jewi edvaemmz fupi xjev zua xepv vu fu. Vjisi esi qsugittoupem nepehist uav vjisi xju opwitv e simevowimz tnemmis enuapv ug nupiz, moli $500 nommoup, xju fu siemmz ximm. Zua dep gummux vjios opwitvnipvt epf fidofi gus zuastimg us zua dep vsz vu siwisti iphopiis xjz vjiz timidv disveop dunqepoit. O dep quopv zua op vjev fosidvoup og zua'si opvisitvif.

Vu ipf vjot, O xomm howi e fotdmeonis vjev O'n katv e qistup xju ipkuzt opwitvoph epf vjoplt vji tvudl nesliv ot e quxisgam wijodmi. Ov ot upmz nz woix gsun nz qistqidvowi epf O xuamfp'v pidittesomz tez ov't Getvmepi us Tmuxmepi. Vu ni, ov't tonqmz ep opvisitvoph tackidv vjev qsuwofit e djemmiphoph uqqusvapovz epf vjev xjip zua siemmz foh fiiq opvu xjev vji tvudl nesliv ot zua'mm gopf ov vu ci getdopevoph. Ev mietv O fu.