Stop with Meme Stocks. Compound Interest is EVERYTHING.
Channel: Emily Binder
Date: 2021-02-12

Stop obsessing over meme stocks. Investing is fun but make sure that first you focus on things that will reliably build wealth over time. The first lever you can pull is the money you make or earn. Start with salary or income. Get as much as you possibly can, the younger you are. Compound interest will take care of the rest. Invest in ETFs or index funds or diversified sector funds. Then do a little "Core and Explore" with your meme stocks because face it, you're just gambling.

✍️ BLOG POST: https://emilybinder.com/tips-and-advice/stop-with-meme-stocks-how-to-really-build-wealth/

Foregoing your daily Starbucks habit or buying into meme stocks are not methods to build wealth over a lifetime. Get your income right. You will not become rich buying GameStop or Hertz or pandemic stocks. You COULD become rich if you save as much of your maximum possible income in your 20s and 30s and invest it wisely. 

This is a quick clip from the end of my latest video about hacking Chase Ultimate Rewards points:
5x Chase UR Points BONUS HACK: Amazon Gift Cards:
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#personalfinance​ #memestocks #stockmarket #investingforbeginners