How to Invest Your First $1000

This is investing advice pt.2

Isaiah McCall
Yard Couch

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Alright sit down little Timmy and listen.

The amount of financial education you enjoyed in the educational system is zero. Maybe less than zero. As in the Wizard of Oz, you’re told not to pay attention to the man behind the curtain.

Nothing to see here. Move along.

However, unlike the Wizard of Oz, you had the wizarding power inside you all along. All you need is $1,000 and a little financial literacy.

Are you ready little Timmy? Ok, let’s begin —

Put in as much as you can — as early as you can

Compound interest is the first rule to investing.

I tried explaining this to a stripper once but she pointed to her genitalia and said, “this is my compound interest baby.”

Oh my.

Anyway, the key to investing isn’t so much worrying about timing the market, but the time your money spends in the market.

Nobody, not even Warren Buffet, knows whether the market is going up, down, or sideways. This is why you invest in companies you’ve researched and understand. Then you let the market + gains you’ve earned on that asset (compound interest) do its job.

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Isaiah McCall
Yard Couch

Journalist for 99Bitcoins and former USA Today, also Ultramarathoner | On Substack: https://isaiahmccall.substack.com/ mccallisaiah@gmail.com