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LFTBODLTR - Learn From The Best Or Die Like The Rest
A young man of 17 yrs old, after buying a NEW car (at 15), with cash acquired from raising pigs LEARNED soon after, the car was losing VALUE over time and in just a few years would be WORTH less than 1/2 its 'original' value. So, he SOLD the car and bought an electric bike. ie. NO gas, NO oil changes, NO insurance bill, NO parking fees, etc.
With what 'remained' of his car funds NOW back in 'his' bank account, he took out a piece of paper (napkin) and began 'sketching' his plan. 1) he did NOT know dick about investing but he knew the SMARTEST investor on the planet was who? Warren Buffett, 2) if I only make $11,680.00 per year (52 weeks x 7 days per week x 2 hours per day x $16 per hour), how much of that could I SAVE? 30%,40%,50%,60% ... ie. food necessary, rent necessary, utilities necessary, misc., etc.
1986/07/14 $2800 per share ... so I bought 2 shares with my (recovered) car funds and 2 shares from 50% of my income
(then) Net Worth 4 shares of Berkshire Hathaway BRK.A or 4 shares x $2,800 USD = $11,200.00
2022/02/08 $475,000 per share BRK.A https://www.marketwatch.com/investing/stock/brk.a
(now) Net Worth 4 shares of Berkshire Hathaway BRK.A or 4 shares x $475,000 USD = $1,900,000.00
THAT was NOT going to be fast enough so, I went to the bank/credit union and took out a 'car', 'mortgage' or 'GOLD bullion' loan at 3% interest ... so, $11,200 divided by 3% = $373,233 'investment' loan divided by $2,800 = 133 shares
(now) Net Worth 133 shares of Berkshire Hathaway BRK.A or 133 shares x $475,000 USD = $63,175,000.00 ... with NO need for an 'Investment Adviser' or THEIR FEES.
In 2022 he took out a 2nd piece of paper (napkin) and began 'sketching' his (next) plan. 1) he 'still' did NOT know dick about investing but he knew the SMARTEST investor on the planet was who? Warren Buffett, 2) if he now only makes $127,887.00 per year (52 weeks x 7 days per week x 2 hours per day x $175.67 per hour), how much of that could I SAVE? 70%,80%,90%,100% ... ie. food necessary, rent necessary, utilities necessary, misc., etc.
$127,887 divided by 3% = $4,262,900 'investment' loan divided by $315.24 = 13,522 BRK.B shares
2022/02/08 $315 per share BRK.B https://www.marketwatch.com/investing/stock/brk.b
2022/02/18 $0.07 per share http://tgs2.xyz or https://www.newswire.ca/news/tgs-esports-inc/
2022/02/18 $81.23 per share https://www.marketwatch.com/investing/stock/ATVI?mod=MW_story_quote
2022/02/18 $12.44 per share https://www.marketwatch.com/investing/stock/rkt sponsor of '100 Thieves'
https://www.macrotrends.net/stocks/charts/BRK.A/berkshire-hathaway/stock-price-history
When you are a young 17 year old person, YOU need to THINK SMART. The cheaper the PLACE you live in, the more (can) stay in your 'Bank' account. ... and NOT go to a Landlord, taxes, utilities, tv services and phone, etc.
'young 17 year old person', THINK SMART... Live out of your 'Backyard Office Shed' and learn to sell HAPPY PIG (People with Innate Gifts) PEN-T-Houses (or Backyard Office Shed). eg. (below)
Why the 2008 Banking Crisis 'happened'!
Why the 2008 Banking Crisis 'happened'!
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