Personal Finance Club @perfinclub Twitter profile

Last Seen Profiles

@gemach_io

@tartartitartar

@cococotennis

@stwmaniax

@JackFN209

@giaiers

@jandakembangstw

@javis5871

@KYCastle_tech

@wesxay

@crylofnbrr

@Hina_sorciere

@zoeistheprinces

@atlassiantalent

@matiasp27

@keonikcals

@Rudy57450026

@SilvercupNYC

@AustraliaSaori

@Zaki_0800

@juyantorno

@AvTugbaGursoy

@Kevin_Hickson

@Val_entinn

@ishansolo

@Just_aladd

@YlGACLAN

@kenoAlcoholic

@JamesHartigan10

@vay2223

@FlawFPS

@shinsokuchinese

@YuffieWutai

@yohanlo

@_riochan02

@poly_RPh

Personal Finance Club

@perfinclub

7 months

The graph is a log graph of $1 invested in the S&P 500 in the year 1950. We listed all of the market crashes that were 15% or more. We wanted to list all the 10% or more crashes, but there were too many to fit on the graph! We removed the Y-axis, but it shows $1 growing to over

22

118

444

Personal Finance Club

@perfinclub

1 year

The cost of drinking alcohol is higher than you probably think.

32

34

263

Personal Finance Club

@perfinclub

1 year

My dad matched 100% of the earnings from my first summer job at 17 years old to fund a Roth IRA. Would you do the same for your kids?!

37

13

257

Personal Finance Club

@perfinclub

2 years

I bought one of the IULs being pushed on TikTok. I got the policy in the mail, read all 90 pages, and did the math. I found 44% of my premiums were being eaten by fees. Over the course of 40 years the IUL cash value would underperform an index fund by 82%.

23

26

233

Personal Finance Club

@perfinclub

1 year

Here's how to decide if you need life insurance and what kind to buy:

17

29

228

Personal Finance Club

@perfinclub

2 years

Despite the drops, the stock market keeps going up.

13

29

196

Personal Finance Club

@perfinclub

1 year

The average investor underperforms an index fund:

41

23

172

Personal Finance Club

@perfinclub

1 year

When I talk about rent vs buy, someone always says "landlords make a profit, therefore owning must be better than renting". That's not true and here's the two big reasons why...

16

8

121

Personal Finance Club

@perfinclub

1 year

Run far away from any "financial advisor" that pushes you to buy permanent life insurance during your first meeting.

8

11

113

Personal Finance Club

@perfinclub

1 year

What do you think about the "0% tax under $83K" for long-term capital gains in brokerage accounts? A good tax hack, or over-hyped doesn't work that often in the real world?

24

8

118

Personal Finance Club

@perfinclub

2 years

This chart shows the calendar year returns of the S&P 500, including dividends, over the last 100 years.

1

25

113

Personal Finance Club

@perfinclub

2 years

Millennials who are single are going into debt from what they spend on dates 😱 What are some great, inexpensive date ideas?

82

13

107

Personal Finance Club

@perfinclub

2 years

What else would you add to this list?

25

12

106

Personal Finance Club

@perfinclub

2 years

Indexed Universal Life Insurance is a part of a balanced financial portfolio in the same way that meth is a part of a balanced breakfast.

12

11

96

Personal Finance Club

@perfinclub

2 years

The top 1% of richest people in the U.S. own almost 30% of the wealth. The bottom 50% own just 6% of the wealth. In three words or less, what's your reaction to this?

173

8

90

Personal Finance Club

@perfinclub

2 years

Over two years in and I still haven't gotten COVID. This is starting to feel like that time nobody nominated me to do the ice bucket challenge.

18

5

87

Personal Finance Club

@perfinclub

9 months

This post is a reminder that no one knows the future. But that doesn't stop people from making predictions. At the end of every year, big financial institutions forecast what the market will do in the year ahead.

5

17

81

Personal Finance Club

@perfinclub

1 year

What do you think about focusing 100% on non-mortgage debt before investing?

20

4

79

Personal Finance Club

@perfinclub

2 years

Asking "what is the best index fund?" is like asking "which grocery store sells the best coke?" No matter where you buy it, it's the same coke!

22

4

73

Personal Finance Club

@perfinclub

2 years

(1/4) How does this year's stock market compare to previous years? Let's take a look👇

5

9

70

Personal Finance Club

@perfinclub

2 years

The S&P 500 dropped almost 20% in 2022. Here's how the stock market has performed after a crash:

4

6

71

Personal Finance Club

@perfinclub

2 years

Investing in anything on this chart is WAY better than leaving your money sitting in cash. But stocks are the obvious winner.

10

9

67

Personal Finance Club

@perfinclub

1 year

Missing the best days in the market can make all the difference:

6

19

62

Personal Finance Club

@perfinclub

1 year

Are millennials bad with money? Maybe, but the odds are also stacked against them.

11

13

62

Personal Finance Club

@perfinclub

1 year

If you invested $500/month over the last 40 years, you would have lost at least 10% of your money 20 separate times. But, you'd also be a multimillionaire today.

1

12

61

Personal Finance Club

@perfinclub

1 year

Are you holding cash in a retirement account? If so, you are haunting my nightmares.

9

2

60

Personal Finance Club

@perfinclub

2 years

If you went to college, was it worth it? If not, do you think you'd be better off today if you did?

79

2

55

Personal Finance Club

@perfinclub

11 months

We just got a letter from the SEC. Over the past year, we have quietly been working to fix the financial advice industry, and we're officially ready to announce the launch of Nectarine! It's the flat-fee, advice-only marketplace for investment advice.

10

7

56

Personal Finance Club

@perfinclub

1 year

The performance of the most popular target date index funds are nearly identical. Don't waste time trying to decide between which one to use.

7

4

51

Personal Finance Club

@perfinclub

2 years

Here's where every dollar to my name is stashed. If I could do it all over, I'd keep the cash, the house, and dump everything else into a single target date index fund.

6

4

50

Personal Finance Club

@perfinclub

2 years

The S&P 500 year-end numbers are in!

8

9

48

Personal Finance Club

@perfinclub

3 months

Steer clear of “investing” in life insurance of any kind. If you have people who depend on your work to live buy term life insurance. Use the rest to invest in index funds, preferably inside a tax advantated account, IRA or 401k.

7

12

47

Personal Finance Club

@perfinclub

6 months

Fees are insidious because the quietly drain your wealth without you noticing. That's why it's important to be vigilant about the fees that are being charged to your investments. And those big red slices are why I'm always banging the drum of "low fee index funds"

3

11

46

Personal Finance Club

@perfinclub

1 year

Don't make these common money mistakes:

2

9

44

Personal Finance Club

@perfinclub

1 year

Personal finance hack: The average jet owner has a net worth 745X larger than the average homeowner. Don’t buy a home and skip straight to buying a jet.

6

44

Personal Finance Club

@perfinclub

7 months

This is kind of an exciting milestone for me. When I was 34, my max take home salary up until that point was $36k/year. I was living on less than that and investing and had grown my net worth to over $100,000. Then I sold the internet company I started at 22 for just over $5M. My

7

3

44

Personal Finance Club

@perfinclub

1 year

Will the US Dollar lose it's status as the world's reserve currency? I HAVE NO CLUE. But no matter what happens, people who are building wealth and investing in productive assets will be better off.

2

6

41

Personal Finance Club

@perfinclub

2 years

This is a globally diversified, market-cap weighted portfolio of stocks and bonds comprised of 17 ETFs. But it can be simplified by combining funds...

8

2

40

Personal Finance Club

@perfinclub

2 years

Money can be misused in many ways. One of those misuses is being hyper-focused on saving and investing and forgetting to use the tool. Have you seen anyone who has plenty of money but refuses to use it?

4

8

38

Personal Finance Club

@perfinclub

2 years

Almost any of the low cost, diversified index funds will get the job done. Don’t worry about which exact index fund to buy, just pick one with a low expense ratio and spend your effort plowing more money into it.

Graham Stephan

@GrahamStephan

2 years

What's your favorite index fund?

457

50

830

0

5

41

Personal Finance Club

@perfinclub

7 months

Yesterday I shared how my net worth officially begins with a 5! You can calculate your own net worth by adding up everything you own (all of your assets) minus everything you owe (all of your debts). My debt pie chart is simple. I have no debt. I’d say my house is “paid off”

7

4

40

Personal Finance Club

@perfinclub

2 years

Here's why investing is a long term game:

4

5

40

Personal Finance Club

@perfinclub

1 year

Is it time for tenants to send their landlords a market rent adjustment email?

3

4

38

Personal Finance Club

@perfinclub

5 months

What's the main takeaway for you? Keep investing early and often in low cost index funds. There will be great years. There will be terrible years. That's all part of investing. This visual is from research done by BlackRock, using S&P 500 returns from 1926 through the end of 2023

2

6

40

Personal Finance Club

@perfinclub

6 months

Don't believe everything you hear on social Media

1

5

40

Personal Finance Club

@perfinclub

2 years

What's your initial reaction when you see this?

28

5

39

Personal Finance Club

@perfinclub

2 years

What reasons would you add to this list?

7

3

38

Personal Finance Club

@perfinclub

1 year

US stocks spent most of last year in a bear market but they are now officially back in a bull market. The S&P 500 is up 25% from its October 2022 low.

6

9

38

Personal Finance Club

@perfinclub

3 years

I know a lot of broke people who invest in crypto and meme stocks and a lot of rich people who invest in index funds and real estate.

4

2

38

Personal Finance Club

@perfinclub

2 years

About half the time I put eyes on someone's Fidelity account I see Vanguard or other transaction fee funds! Have you seen this from newer investors?

10

4

37

Personal Finance Club

@perfinclub

2 years

Are you a fake or real tree type of person??

6

3

36

Personal Finance Club

@perfinclub

2 years

Why should you NOT take full advantage of your employer's 401(k) match? Wrong answers only 👇

51

0

34

Personal Finance Club

@perfinclub

2 years

If you are an investor, your portfolio is down from its peak. If you are a speculator, your portfolio is almost entirely gone: Bitcoin: -72% ARKK: -77% Dogecoin: -91% AMC: -91% NFTs: -92% Luna: -100%

5

6

33

Personal Finance Club

@perfinclub

1 year

You need to invest for retirement, don't just save!

1

4

34

Personal Finance Club

@perfinclub

4 months

Frugality breeds frugality. Remember to consider all the associated costs when you're dropping down the initial cash for the purchase!

4

7

34

Personal Finance Club

@perfinclub

1 year

Investing should be kept simple:

3

7

31

Personal Finance Club

@perfinclub

1 year

Take the time to celebrate the good money decisions you have made!

2

7

33

Personal Finance Club

@perfinclub

1 year

Creating a system to prioritize your money can help accelerate your wealth building journey:

7

5

32

Personal Finance Club

@perfinclub

1 year

Who heard all of these reasons NOT to invest at the beginning of the year? Who heard predictions of a 12% rally the first five months of the year?

7

4

32

Personal Finance Club

@perfinclub

1 year

Is the "American Dream" really just a trap set for 20-somethings, so they have to spend the rest of their careers working to claw out of debt? Inspired by @theficouple

6

32

Personal Finance Club

@perfinclub

17 days

Once you have enough money invested, you can live off of those investments forever without needing any new income! When you've done that, you've reached "financial independence"!

3

5

32

Personal Finance Club

@perfinclub

2 years

We know the love you have for your child is PRICELESS. But if you wanted to put a price on it, here you go!

2

31

Personal Finance Club

@perfinclub

1 year

Where's the best place to invest $10,000?

6

4

31

Personal Finance Club

@perfinclub

2 years

Why should you NOT buy index funds? Wrong answers only👇

51

0

29

Personal Finance Club

@perfinclub

2 years

"BUT THIS TIME IS DIFFERENT. Supply chain issues! Housing prices! The Fed! Inflation!" Surely all these factors mean we are doomed this time?! Well, that's what they say every time. And 100% of previous crashes have resulted in the market breaking new record highs.

0

6

32

Personal Finance Club

@perfinclub

2 years

I wish this wasn't based on a true story...

3

2

25

Personal Finance Club

@perfinclub

5 months

Remember that retirement isn't an age. It's an amount of money. Once your investments have grown to 25 times your annual spending, you are financially independent and can live off your investments forever!

2

7

30

Personal Finance Club

@perfinclub

1 year

Today is Amazon's "prime day". Remember that NOT BUYING something get you 100% off the normal retail price. If you really want to scratch that buying itch, go buy a share of VT.

2

7

28

Personal Finance Club

@perfinclub

1 year

Becoming wealthy isn’t a very complicated equation. Spend less than you make. Invest the difference in index funds. Leave it alone for a long time and let compound growth do the work.

3

8

31

Personal Finance Club

@perfinclub

1 year

The current sentiment in the personal finance world is certainly "fearful". It's time to think greedy.

1

7

29

Personal Finance Club

@perfinclub

1 year

Despite constant negative headlines, the S&P 500 is having a nice start to the year:

1

5

28

Personal Finance Club

@perfinclub

1 year

$789/month for a car seems absolutely ludicrous to me. What do you do for cars? Are you making payments or do you buy in cash?

10

5

30

Personal Finance Club

@perfinclub

7 months

This chart shows the calendar year returns of the S&P 500, including dividends, over the last 100 years (since 1928). A pessimist might notice that the market finished down double digits 14 times. But an optimist will focus on the fact that the market has been positive almost

4

6

29

Personal Finance Club

@perfinclub

6 months

If you're in debt, broke, and setting a bad financial example, squeezing a few bucks to set aside for your child won't help much. The way to help the most is by taking care of your own finances first. Set a great example.

1

5

29

Personal Finance Club

@perfinclub

2 years

5 charts to remind us that long-term investors have nothing to worry about in this market. 1:

2

3

28

Personal Finance Club

@perfinclub

2 months

Often in my comments I hear someone saying something like “the big crash is coming, you’ll see”. My thought is usually, “oh yeah? Bet against the market. Good luck”. But when I think of someone trying to make money doing that, I think of these charts.

0

5

28

Personal Finance Club

@perfinclub

2 years

Which of the following do you think experienced the highest level of inflation during the last 20 years? 1) Cars 2) College tuition 3) TVs 4) Alcohol

41

1

26

Personal Finance Club

@perfinclub

1 year

The layers of investing:

2

7

28

Personal Finance Club

@perfinclub

2 years

What is the total cost of your investment portfolio? Hopefully much lower than 2%!

2

3

27

Personal Finance Club

@perfinclub

2 years

$500/month into the S&P 500 over the last 40 years is worth $3.2M* today. *$240K is from contributions *$3M is from investment return Compounding is a beautiful thing!

2

27

Personal Finance Club

@perfinclub

1 year

Ever wonder how much you can make from an instagram account? Here's our monthly revenue charted against our follower count. I'd say we generally do a poor job "monetizing" but better than many I'm sure. Details on how we make money below...

3

0

28

Personal Finance Club

@perfinclub

2 years

Don't be tempted to toss out international stocks because they've underperformed. Keep them to guarantee your fair share of world economic growth going forward.

2

4

27

Personal Finance Club

@perfinclub

2 years

Who can guess the red line?!

8

1

26

Personal Finance Club

@perfinclub

1 month

Are we at the beginning of a huge market drop? We have no idea. No one knows that answer (despite a lot of people confidently pretending to). But we do know that buying and holding index funds guarantees you your fair share of all economic growth.

1

3

27

Personal Finance Club

@perfinclub

5 months

So where does your money sit? Collecting dust in a bank vault, or out in the world harnessing the compound growth of the global economy?

2

7

26

Personal Finance Club

@perfinclub

2 years

If a million dollars fell from the sky and landed directly in your wallet, what would you do?👇

42

1

26

Personal Finance Club

@perfinclub

2 years

How fast does a car depreciate in value?

6

3

27

Personal Finance Club

@perfinclub

2 years

“Do you have any idea how cheap stocks are? Wall Street is now being called ‘Wall Mart Street.'” – Jay Leno (during the 2008 Financial Crisis)

2

0

26

Personal Finance Club

@perfinclub

5 months

Dollar cost averaging isn't BAD. Even though lump sum wins 71% of the time (in the scenario 20 year, 12 month scenario), the average performance is only 4% better total over the 20 years, or about 0.25% per year. Not devastating.

3

9

25

Personal Finance Club

@perfinclub

6 months

We aren't even two months into 2024 and the S&P 500 is already at or higher than ALL of the Wall Street predictions for the year. This is the reality: NO ONE can predict the future. If the big financial institutions with every resource at their fingertips can't accurately predict

3

2

26

Personal Finance Club

@perfinclub

2 years

Are female CEOs better than male CEOs?

4

2

25

Personal Finance Club

@perfinclub

2 years

Here's the secret to getting fit and rich :)

0

2

22

Personal Finance Club

@perfinclub

1 year

Don't buy anything on Amazon "prime day" without first using camelcamelcamel

3

6

26

Personal Finance Club

@perfinclub

2 years

Things that have never happened before happen all the time. Even though we face some uncertainty, that isn't a reason not to invest. We've ALWAYS faced uncertainty and the fundamentals of buying and holding the companies of the world still holds true.

1

5

26

Personal Finance Club

@perfinclub

1 year

What is financial independence?

0

3

24

Personal Finance Club

@perfinclub

1 year

Do you think this is correlation or causation? Why?

6

4

25

Personal Finance Club

@perfinclub

2 years

Investing $500/month for the last 40 years means you have $3M+ today. But, during this period, there were countless times where this approach felt terrible. Could you have remained invested through all of the below?👇

4

2

24

Personal Finance Club

@perfinclub

2 years

1. This is not what the late, great Bogle said. He said corporate governance *could* become a concern. 2. Active funds chronically underperform index funds, so why shift back? 3. Ironically, $TSLA was a big beneficiary of being added to S&P index funds in 2020 (~$80B inflow).

Elon Musk

@elonmusk

2 years

@pegobry @pmarca Exactly. Right before he died, Jack Bogle (of Vanguard fame) said index/passive funds were too great a percentage of the market and he really knew what he was talking about! There should be a shift back towards active investment. Passive has gone too far.

596

1K

11K

3

5

24

Personal Finance Club

@perfinclub

2 years

Why are egg prices so high?

7

2

24

Personal Finance Club

@perfinclub

1 year

Anyone else feel this way when scrolling TikTok?

9

1

24