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So what happened to this doc? I know a colleague who bet it all on pot farming. They are in the same boat as your ED friend.Comment
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It’s more impressive that he doesn’t have more after starting to invest in 2016. I’m guessing he wasn’t able to put much in during residency.👍 3Comment
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well I heard crypto not just bitcoin so my guess would be that he has traded in and out of shitcoins. if he was just into bitcoin he'd probably have more but also likely wouldn't be sharing it with screenshots.👍 2Comment
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Is 1 million dollars worth more/more impressive when you write it as 1 MILLION DOLLARS?
I also think it’s funny when people say things in fractions of a million to make it sound more impressive. That house is HALF A MILLION DOLLARS! He has A QUARTER MILLION DOLLARS in debt from medical school. Just say the amount.👍 4Comment
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BTC is still early, crypto as a whole is still early, we've likely reached early majority during this bull cycle in the technology adoption life cycle but that's still early. You can still invest, you will still make money, you will still have much better returns than any other traditional investment at this time
So so glad I learned that lesson with my own money before becoming a financial planner and charging people money for this advice. Unfortunately, investment advisors who haven’t learned yet (and never will) are pretty easy to bump into. And I bet some of your colleagues are recommending them.My passion is protecting clients and others from predatory and ignorant advisors 270-247-6087 for CPA clients (we are Flat Fee for both CPA & Fee-Only Financial Planning)
Johanna Fox, CPA, CFP is affiliated with Wrenne Financial for financial planning clients👍 1Comment
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Why does this sound so familiar? Of course! I was watching CNBC nonstop in early 2000. And up to my eyeballs in Yahoo investing forums.
So so glad I learned that lesson with my own money before becoming a financial planner and charging people money for this advice. Unfortunately, investment advisors who haven’t learned yet (and never will) are pretty easy to bump into. And I bet some of your colleagues are recommending them.Last edited by nycEMMD; 10-22-2021, 04:24 PM.👍 1Comment
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I always think its not over until its over. If someone tells me they cashed in and that is their profit I'm more inclined to be impressed. Also and maybe its because my luck is bad but any time I have done anything in life largely based on FOMO it bit me in the backside.👍 1Comment
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I think you'll find a lot more happiness in your life if you can learn to be content with what you have. It allows you to be a better friend too if you can just share in the successes ( and the failures) of those around you. I'm guessing you have a lot of good things going for yourself op. Focus on that!👍 2Comment
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