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Introduction: This is a tiktok video published by Nick Meyer, CFP® | NOT ADVICE. The video has now received more than 2.6K likes, 7 comments and 40 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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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
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Nick Meyer, CFP® | NOT ADVICE
3 days 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
21.7K
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Nick Meyer, CFP® | NOT ADVICE
1 months ago
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