Keys To Investing

Startpagina
Nederland
Amsterdam
Keys To Investing

Contactgegevens, kaart en routebeschrijving, contactformulier, openingstijden, diensten, beoordelingen, foto's, video's en aankondigingen van Keys To Investing, Financiën, Amsterdam.

19/11/2023

Personal Finance foundations 💚

There are many ways to improve your financial situation, however, here I have highlighted my personal finance foundations.

1. Spend less than what you earn & set a budget

The best way to improve you personal finances will always be to either increase your income or decrease your costs. If possible, both. Make sure you get a grip on your finances by setting a budget, and more importantly, sticking to it.

2. Pay off high interest debt

Compound interest great when it is working for you! That's what I preach when investing for the long-term, however, high interest debt can work against you in the same way.

3. Create an emergency fund

An emergency fund is a stash of cash that you leave aside for unexpected expenses or for drastic changes in your financial situation (unemployment etc.). By keeping an emergency fund you allow yourself to keep your money invested for as long possible.

What is your favourite personal finance tip/habit/foundation? Let me know! 😁

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

05/11/2023

The Roadmap to Investing Succes!🚗

A lot of people tend to overcomplicate investing, making it something that is regarded as scary or difficult. Let me simplify it for you! In order to reach investing succes you only need 4 steps.

1. Pay-off high interest debt as compound interest can work against you. Have an emergency fund to cover unforseen expenses so that you can keep your money invested for as long as possible. 📈

2. Make sure you keep a budget and spend less than what you earn. This way you are able to pay yourself first (by investing).💰

3. Invest a set amount every month into a low-cost, diversified Exchange Traded Fund (ETF) (Like a robot).🤖

4. Most importantly, don't let anything distract you from the goal. Ignore the noise and repeat!🔄

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

31/10/2023

Investing 🚫 Gambling

A common misconception about the stock market is that it is like gambling. To be fair, in the short term, it is. If you are planning to hold your stocks less than at least 5 years, you might as well pay a visit to the casino.

However, as you can see, the probability of making a profit increases with your holding period. 📈

Small side note, these statistics only count for a diversified portfolio of high quality stocks. Meaning, I could definitely recommend you some stocks that are gambles no matter how long you would hold them.

This all boils down to two words: zoom out! 🔍

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

🔑 Investing succes

There are many people speculating on which traits are most important for investing. However, when applying a long-term, passive, investing strategy, there are only a few important aspects which will ensure you investing success.

1. Pay off high-interest debt

2. Have an emergency fund

3. Keep a long-term focus

4. Ignore the noise

5. Acknowledge mistakes

6. Keep learning

Are you ready to start your investing journey and have some questions? Let me know!

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

Investing simplified!

Investing, for most people, is something that is regarded as difficult, time-consuming and only for professionals. However, the opposite is true. You can make investing as hard or easy as you want!

You are only 3 steps away from starting your investing journey. Following this principle you can start investing with any amount and without having to do much research at all.

Are you in? Send me a DM if you would like more information.

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

A quote by the great Charlie Munger! 📚

"The big money is not in the buying or selling, but in the waiting."

This quote by Charlie Munger, one of the investing greats, shows the most important investing mindset you need to have. It states that the most important investing trait to have is patience.

This basically boils down to three points:

1. Time in the market > Timing the market: you should aim to be in the market as long as possible, during both good and bad times. This is opposed to trying to time the highs and lows of the market ⏰

2. Compound interest: you should take advantage of compound interest. As discussed before, compound works wonders when you are in the market for a long time. However, this requires great patience 📈

3. Avoid impulsive decisions: being patient and waiting means not being influenced by the "noise" and therefore not acting on impulse. You pick a strategy and you stick to it 🌳

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

Inflation 📈

One of and if not, the biggest buzzword of the past year.

Inflation is defined as the decline in purchasing power of money over time. It effects everyone, everywhere.

Inflation is not necessarily bad, however, it can get out of hand. That is exactly what happened the last year.

Swipe and read about what inflation means for you and when it is considered good or bad! 💚

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

The only statistic you should be looking at 📈

When looking back in time, we see that at every point in time in the last 90 years, the stock market has eventually gone up. If you would have bought in at any time in the last 90 years, and you have held your holdings (the most difficult part), you will have gotten at least somewhat of a return.

Read this carefully: After every point in time, even during huge panic, look at the 2007 financial crisis, the stock market has recovered to higher points.

Meaning, if history is anything to go off, you just need patience (considering you own quality assets). And this is exactly what I preach, if you are able to stick to Dollar Cost Averaging your way through life, buying quality assets (diversified ETFs) you will with no doubt be able to succeed in your investing journey 💚

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

More on Dollar Cost Averaging (DCA)!

This is the strategy which I appy when buying stocks. If you have been following the portfolio updates, you will see that every month I invest $500 into the ETF portfolio and distribute it among the holdings. This way I take the emotion out of the game and I never have to think about what to buy next! By automating the process, you never have to deviate from your strategy and you are able to take advantage from the long-term compounding effect 📈

1. Invest equal amounts at regular times ⏰
2. Stick to the plan 📚
3. Take the emotion out of the game 😁

If you are not sure yet what DCA entails, check out the previous posts on the topic!

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

"Pick your stocks like a human and invest your money like a robot". 📈

Today we will talk about Dollar cost averaging (DCA). This is a strategy applied by a lot of long-term investors (including myself).

DCA implies investing a set amount of money at a fixed time. This way you "automate" your investing journey and you take the emotional side out of the game. By buying at the same moment in time every time, you buy regardless of the price. Meaning, you can buy more when the price is low and less when the price is high. This way, you average purchase stays low and when stocks go up, your portfolio goes up exponentially. Swipe right to learn more! 👉

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

Worrying statistics 📋

If we want to judge how well we are doing with our personal finances, we need some material to compare. Let's look at several studies done on US household finances 💰

60% Of all Americans live pay-check to pay-check. Meaning, they don't have any money left over at the end of the month to save/invest.

33% Of Americans believe it will take more than 2 years to pay off their credit card debt. This could mean two things, either the outstanding debt is extremely large, or they have other expenses which prevent them from paying off more.

30% of Americans claim to struggle with their personal finances. Already a large number, however, you could argue that that 60% living pay-check to pay-check are also struggling. I guess it might not feel like it for them..

If any of the above is the case for you, remember that you can always get out of a bad situation, consistency is 🔑

If not, congrats! You are doing much better than your peers 🎉

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

23/10/2023

Book of the month!

This time around we have Rich Dad, Poor Dad by Robert T. Kiyosaki 📚

In my opinion, one of the best books ever written on personal finance and a must-read for everyone trying to improve their personal finances!

This book describes the differences between Robert Kiyosaki's own "poor" dad, who worked all his life and never reached financial security and his best friend's "rich" dad.

The book covers many personal finance and money management topics below are the most important points:

1. Most people work for money, the rich have money work for them 💵

2. It doesn't matter how much money you make, it's how much money you keep 📈

3. Rich people acquire assets, not liabilities 🏤

4. Do not trade your time for money your whole life ⏰

Want to go deeper into these points? Swipe on the post!

💚| I appreciate all likes and shares!
📚| Check out keystoinvestingnl.com
🔎| Follow on Twitter

Adres

Amsterdam

Website

http://keystoinvestingnl.com/

Meldingen

Wees de eerste die het weet en laat ons u een e-mail sturen wanneer Keys To Investing nieuws en promoties plaatst. Uw e-mailadres wordt niet voor andere doeleinden gebruikt en u kunt zich op elk gewenst moment afmelden.