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Introduction: This is a tiktok video published by Nick Meyer, CFP® | NOT ADVICE. The video has now received more than 4.2K likes, 25 comments and 26 shares. It is deeply loved by fans. The following is the specific data and similar videos. Address, you can complete the operation on this page by clicking play or bookmarking the video.
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How to realistically retire at 30🤯 I'm not saying this is an EASY way to retire at 30 - I'm saying that there are very few ways to realistically call it quits on the rat race by age 30, and this is one of the only ways that doesn't require you absolutely knocking it out of the park with a business or being supremely talented with a high value skill in your 20s. It's called the BRRRR method, & has made THOUSANDS of early retirees over the past decade🏠 BRRRR stands for👇 Buy Rehab (which builds your equity) Rent (bring in renters for cash flow) Refinance (take 💵 out to buy another 🏠) Repeat (until you reach your desired cash flow) This method was popularized by @biggerpockets over the past ~10 years, and it’s easy to see why it has caught so much steam: when done right, it’s arguably the quickest way for a normal person to reach financial independence👏 Get ready to see a lot more people on here talking about it again as interest rates start to fall. #moneytok #personalfinance #financialfreedom #realestateinvesting #fintok
14.7K
946
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Nick Meyer, CFP® | NOT ADVICE
1 months ago
Is gold ACTUALLY a good investment?🤔 $1,000 in 1983 dollars would have the same purchasing power as ~$3,000 today, so gold has historically done a good job STORING value. One thing it hasn’t done well? Act as a vehicle for BUILDING wealth. If you’re still in the wealth accumulation phase of your financial journey, think long & hard whether your money would be best placed into an asset like gold that barely beats inflation (historically), or another asset that has much higher upside. Assumptions: - Price of gold from December 1983 - January 2024 - S&P 500 return from December 1983 - January 2024 *This is not an investment recommendation: I'm a person that you don't know on the internet, do your own research before making any investment decision* #learnontiktok #moneytok #personalfinance #stockmarket #investing
116.5K
5.3K
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Nick Meyer, CFP® | NOT ADVICE
5 months ago
Steady vs Perfect investors: who makes more money?💵 This is based on real market data over the last 40 years (for the period ending January 2024). Based on the data, an investor who invested consistently EVERY month, regardless of market conditions, has come out ahead of someone who invested at literally the exact perfect time (at the lowest lows after big market crashes) over the last 40 years (while parking his money in a savings account earning 3% interest in-between investing). Timing the market is 1) IMPOSSIBLE, & 2) a complete waste of your time. It will never seem like the perfect time to invest, but history shows that those who invest early & often rarely regret it. #moneytok #learnontiktok #investing #fintok #stockmarket
25.5K
2.0K
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Nick Meyer, CFP® | NOT ADVICE
7 months ago
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