Jelfri Torres | Finance | Investing | Business ๐
@JelfriTorres
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Tweets Daily on Investing in Stocks ๐ Personal Finances ๐ฐStarting a Business ๐งณ My journey to Financial Freedom! ๐บ๏ธ Not Financial Advice ๐ FREE E-book ๐
@RadarHits
Imagine that a million jobs gone like that!
With unemployment creeping up, we may see it draw closer to 5%, hinting at a potential start of a recession, we are not in one now.
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Jelfri Torres | Finance | Investing | Business ๐
@wallstreetbets
This will make everyone who would like to sell their assets, do so right away before her administration takes office.
Then those who buy afterward will not sell because it is taxed higher than ordinary income tax rates!
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Jelfri Torres | Finance | Investing | Business ๐
Taxes are a pain.
Thatโs why you should max out your Roth IRA.
1) Invest $7,000 each year.
2) Get an 8% return every year.
3) Wait 30 years.
Boom! Youโll have $826,000 to enjoy, tax-free.
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Jelfri Torres | Finance | Investing | Business ๐
@FluentInFinance
Our tax system is progressive -
That means each percentage is not for all the money earned but for each threshold they are taxed differently!
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Jelfri Torres | Finance | Investing | Business ๐
Jeff Bezos had a Honda Accord when he was worth $10 billion.
Gary Vaynerchuk always says to spend less and find value in simple things.
Warren Buffett lives in the same house he bought in 1958 for $31,000.
So why do you think you deserve a $50,000 car with a $45,000 salary?
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Jelfri Torres | Finance | Investing | Business ๐
@VladTheInflator
The concern is if the real estate agent is offering even 5% of the value of the home when they are not, people can walk and talk themselves into a home as long as it is open!
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Jelfri Torres | Finance | Investing | Business ๐
@SelfMadeMastery
Imagine the government says this:
"Hey Kelly, we will tax you based on your future income"
Then you say:
"What if I quit my job now, what if I die? Will I still be taxed based on what I could make from a job?
Government replies:
"Yes those are unrealized gains!"
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Jelfri Torres | Finance | Investing | Business ๐
Some people wonโt even start investing.
They say, โWho wants to wait 30 years for that?!โ
Then, 30 years later, theyโre still broke.
Donโt be one of those people!
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Jelfri Torres | Finance | Investing | Business ๐