I'm a self-employed investor with a focus on technical/fundamental analysis to invest in real estate & securities. Dream Big Never Quit Formerly Gamefather.eth
Philly and The Metaverse
Joined January 2012
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The "revised" B. Jackson Ultimate Wealth Building Strategy:
A more detailed, aggressive, and calculated approach!
1⃣ Same as #1 before BUT...once you put the 6 months of lifestyle expenses into $SGOV then take the monthly return and reinvest into $SCHD and $JEPQ (and make sure to reinvest all dividends from the SCHD and JEPQ returns there is a button on your account that does this).
2⃣ Open a "taxable brokerage account" with Fidelity (@Fidelity). Then follow these steps:
- Determine your monthly disposable income amount. Here I am going to use $500/month.
- Setup automated (called "recurring investments") purchases for $125/month each of the following two ETFs: $SPYM and $SPMO / $VGT.
- Setup automated investments of $125/month for two of the top S&P 500 stocks (only pick from the top 25 on the list). Only pick 2 so you can acquire a good amount of shares over time. Here is a good link to choose from the top 10 on the S&P: slickcharts.com/sp500
- Ideally pick two stocks that aren't in the same industry like $V and $GOOGL.
3⃣ No changes to #3 on the list from the previous post. I could offer some insight into this, but I'm a realist it's actually better to inquire with a mentor or local investor in the area a person resides for how to invest in that market the best (if you're located in vicinity of Philadelphia let me know). But my DMs are always open and I'm willing to help anyone who has questions!
4⃣ No changes to #4 on the list from the previous post, but I recently bought a new hardware wallet from @Tangem so I now use a Ledger and a Tangem wallet!
5⃣ Same as #5 from before BUT...when speaking with the agent make sure you request the following:
- for the whole life policy make sure they get a policy that maximizes cash value growth. Ideally a 90/10 split for the design of the policy. The death benefit amount will be relatively low, but that's the reason you have a term policy as well.
- Every 5 years create another whole life policy with the same 90/10 split and what will happen is the agent can extract the death benefit amount from the term policy to create the new policy every 5 years.
- If anyone wants the contact info from 1 of the life insurance agents I use here it is (I actually have policies with Mass Mutual, Guardian and Northwestern so I have other good contacts too but Thomas is great): northwesternmutual.com/finan…
6⃣ Since you already have a Fidelity account open a ROTH IRA with them as well and try and maximize the amount contributed to the ROTH per year. Currently the max amount allowed is $7,000 (or $583 per month). Use the following strategy to invest the funds from the contribution to the ROTH:
- Use a 70% / 30% approach to allocating the funds in the ROTH. 70% into ETFs and 30% into stocks.
- For the 70% allocated to ETFs use a 3 fund strategy approach. $SPYM, $QQQM (or $SPMO or $VGT), & $SCHD.
- For the 30% allocated to stocks pick at max two stocks from the S&P 500. But I would pick two different ones that are not being acquired in the taxable account.
ALT The B. Jackson Ultimate Wealth Building Strategy!
ANYONE who follows this strategy will build a very respectable and valuable net worth! I guarantee this!
The B. Jackson Ultimate Wealth Building Strategy:
1. Put 6 months of monthly expenses into $SGOV or any HYSA account that isn't with the bank you pay your main bills with.
2. Open a brokerage account with Fidelity (fidelity.com). And then DCA a minimum of $500/month into $VOO and $SPMO / $VGT ($250 into each fund).
3. Buy a minimum of 5 rental properties. Ideally buy at max of 70% of market value and I would recommend buying 2-3 unit properties each.
4. DCA a minimum of $150/month into $BTC. Open an account with Coinbase (coinbase.com). Buy a ledger (ledger.com) and every 4 months transfer the crypto from Coinbase and into your ledger and keep the ledger and passwords in a safe and secure place.
5. Contact a agent rep from 1 of the big 4 mutual life insurance companies (Northwestern, NYL, Guardian, or Mass Mutual) and get a cash value whole life insurance policy with a 5, 7 or 10 year premium pay (I recommend a 10 year) and add a term life insurance policy for 20 years.
Happy Thanksgiving
B. Jackson retweeted
For your kids
- 1 custodial account
- $250 every month
- 2 index funds
- 20 years untouched
This is such a valid point about Apple by @_masterinvestor! I now have over $20,000 worth of 🍎iPhones, Macbooks, AirPods Maxs, and Mac Studios in my home. Thankfully I have over $20k of $AAPL stock in my portfolio as well NOT that the stock paid for the devices and items, but the feeling of consuming things that only lose value can mentally make you kick yourself when you count it all up. That said if the items you buy are increasing your productivity and portfolio then that is another way in my mind you can justify the consumer purchases too.
The consumer trap is real though is the point! Stay safe folks.
The security of Crypto is so suspect! It's going to take such a long time for the masses to believe in Crypto. If Satoshi Nakamoto is actually a person still living today I really wonder how he views the state of Crypto.
🤖 Made with AI
BREAKING: World's largest crypto exchange Binance hacked with over $5.6 billion stolen:
• $1.45 billion $BTC
• $875 million $ETH
• $234 million $TRX
• $50 million $XAUT
• $1.57 billion $USDT
• $823 million $USDC
• $75 million $WBETH
• $88.5 million $RLUSD
+ $447.5 million additional cryptocurrencies
This is the largest hack in crypto history.
Apple is going to be now offering a machine that has 512 gb of RAM! This is getting wild. Let's see how efficient the future open weight LLMs become as time passes. My investment in $AAPL I guess was worth holding onto if this becomes the new norm!
My "Wealth Building Strategy" isn't rocket science or some new approach to financial planning but its a written strategy anyone can follow and over time will prove to anyone who follows it that this isn't difficult it just takes time! I might build a tool to help people hold themselves accountable.
The "revised" B. Jackson Ultimate Wealth Building Strategy:
A more detailed, aggressive, and calculated approach!
1⃣ Same as #1 before BUT...once you put the 6 months of lifestyle expenses into $SGOV then take the monthly return and reinvest into $SCHD and $JEPQ (and make sure to reinvest all dividends from the SCHD and JEPQ returns there is a button on your account that does this).
2⃣ Open a "taxable brokerage account" with Fidelity (@Fidelity). Then follow these steps:
- Determine your monthly disposable income amount. Here I am going to use $500/month.
- Setup automated (called "recurring investments") purchases for $125/month each of the following two ETFs: $SPYM and $SPMO / $VGT.
- Setup automated investments of $125/month for two of the top S&P 500 stocks (only pick from the top 25 on the list). Only pick 2 so you can acquire a good amount of shares over time. Here is a good link to choose from the top 10 on the S&P: slickcharts.com/sp500
- Ideally pick two stocks that aren't in the same industry like $V and $GOOGL.
3⃣ No changes to #3 on the list from the previous post. I could offer some insight into this, but I'm a realist it's actually better to inquire with a mentor or local investor in the area a person resides for how to invest in that market the best (if you're located in vicinity of Philadelphia let me know). But my DMs are always open and I'm willing to help anyone who has questions!
4⃣ No changes to #4 on the list from the previous post, but I recently bought a new hardware wallet from @Tangem so I now use a Ledger and a Tangem wallet!
5⃣ Same as #5 from before BUT...when speaking with the agent make sure you request the following:
- for the whole life policy make sure they get a policy that maximizes cash value growth. Ideally a 90/10 split for the design of the policy. The death benefit amount will be relatively low, but that's the reason you have a term policy as well.
- Every 5 years create another whole life policy with the same 90/10 split and what will happen is the agent can extract the death benefit amount from the term policy to create the new policy every 5 years.
- If anyone wants the contact info from 1 of the life insurance agents I use here it is (I actually have policies with Mass Mutual, Guardian and Northwestern so I have other good contacts too but Thomas is great): northwesternmutual.com/finan…
6⃣ Since you already have a Fidelity account open a ROTH IRA with them as well and try and maximize the amount contributed to the ROTH per year. Currently the max amount allowed is $7,000 (or $583 per month). Use the following strategy to invest the funds from the contribution to the ROTH:
- Use a 70% / 30% approach to allocating the funds in the ROTH. 70% into ETFs and 30% into stocks.
- For the 70% allocated to ETFs use a 3 fund strategy approach. $SPYM, $QQQM (or $SPMO or $VGT), & $SCHD.
- For the 30% allocated to stocks pick at max two stocks from the S&P 500. But I would pick two different ones that are not being acquired in the taxable account.
ALT The B. Jackson Ultimate Wealth Building Strategy!
About to begin testing the Claude Duet access to see what the hype is about. Curious if this will appear as helpful and efficient as others have claimed.
This potential Anthropic IPO is the one I've been waiting for! I'm making major investing plans for this one for sure.
Anthropic has filed an S-1 registration statement with the SEC related to its proposed IPO.
Read more: anthropic.com/news/s1-sec
Legal disclaimer: A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This post does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
O’Shaquie Foster is that dude! They might have to give him fighter of the year now! #navaretteFoster
Well what do we have here Elon Musk is alledgedly planning some sort of SpaceX stock gifting to the youth of America! I need to do some research, but if this is genuine and a sincere plan then this will be quite interesting.
Those body punches Fundora landing on Hadribeaj I will admit will probably slow him down in a few rds if not sooner. I’m just a lil surprised Fundora still doesnt just stick his jab out more. #FundoraHadribeaj
This dude Hadribeaj is making this fight real difficult for Sebastian Fundora. #FundoraHadribeaj
