I don’t mean to brag…
But I’m somewhat of a dumb*ss expert.
I mean, you’ve seen some of the people I have on Financial Audit.
Their brains are straight Looney Tunes.
But with all these guests I’ve had on, from:
🚗 A 20-year-old getting into $64,000 of car debt with a second car
🤡 The clown doctor who lost $440,000 investing in crypto with astrology
👑 The ditzy 27-year-old debt princess who just wants to party
There’s one reason why all these nincompoops f*ck up so badly:
They think in the short-term instead of the long-term.
Read that again.
…
No, seriously you egghead.
It’s the biggest reason why people get taken by the Walmart-version Grim Reaper:
They think in terms of: now, today, tomorrow, and next week.
They want things to happen fast.
That’s why that 20-year-old got a second car with $64k in car debt – because he’s a car guy who couldn’t wait to get another car.
That’s why the Clown Doctor lost $440,000 – because he was so leveraged on his investments that he lost it all in the blink of an eye (instead of conducting proper due diligence using analysis tools on MooMoo).
That’s why the ditzy debt princess could barely pay off her debt – she couldn’t sit down and work in an office for a month straight to pay it off (and probably because Daddy covered everything).
It’s all the same story.
And it doesn’t just apply to spending money; it’s also for making money too:
“I need to get paid soon.”
“I need to pay my card off tomorrow.”
“I need cash now! CALL JG WENTWORTH! 877-CASH-NOW! 📢”
Short-term thinking is pretty much: “Live in the moment. Life’s too short. YOLO.”
But this type of thinking leads you to make bad monies decisions (and just all decisions in general).
Then there’s smart thinking – also known as long-term thinking.
It’s thinking in terms of: 6 months, 12 months, 5 years, 10 years, etc.
Although you want things to happen fast, you know good things come in time.
It’s also called being “impatiently patient.”
You’re working hard and impatient in the short term, but patient in the long term.
Instead of day-trading s**tcoins or meme stonks, you should consider investing in ETFs and dollar-cost-average in the stock market (preferably on MooMoo since you can get up to 15 free stocks with a qualified deposit).
Instead of living off your descendants when you’re old and senile and can’t wipe your butt, you save up for retirement.
Instead of taking out a loan for a car and paying an ungodly amount in interest, you save up for a few months and pay for it in cash.
This is the way.
This is how people end up doing well for themselves.
They don’t do quick-money schemes.
They don’t dumb sh*t they don’t need “in the moment.”
They plan ahead.
They’re willing to sacrifice now, for later.
The more you can think in the long term, the better.
Taquitos,
Caleb Hammer
P.S.
If you want to stop buying f*cking TAQUITOS and start thinking about your future in the long-term, you better start doing two things:
- Start saving your monies
- Start investing
If you don’t know where to go for investing advice, check out my Investing Course. It covers the entire investing process from A-Z with 55 lessons from yours truly (UwU).
It includes worksheets, portfolio strategies, and complete guides on retirement planning – everything a complete noob would need to get ahead.
⇒ Start thinking in the long-term and get rewarded
New user deposit offer: After receiving the free stocks, you will need to maintain your average assets based on the requirements for 60 days to unlock the stocks. Additional terms and conditions apply, learn more www.momoo.com/us/support/topic4_410.
Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. The creator is a paid influencer and is not affiliated with Moomoo Financial Inc. (MFI), Moomoo Technologies Inc. (MTI) or any other affiliate of them. The experiences of the influencer may not be representative of the experiences of other moomoo users. Any comments or opinions provided are their own and not necessarily the views of
