In personal finance, it’s often more effective to do the opposite of what ‘everyone else’ is doing. But it’s not intuitive to most.

Oct 27

Many people, especially young investors, are pulling out of the market due to fear of continuing decline, and eventually recession. Crypto losses anyone?

But in reality, this is one of the best opportunities to buy back in since the market is in decline. You can think about it like a discount on the stock market altogether.

Buying on the way down will help you decrease your average cost of stocks, and thus increase profit over time.

Have extra income to invest? Now’s the time.

— Increase 401k contributions
— Max your Roth IRA
— Invest part of your HSA

Like Warren Buffett said, be greedy when others are fearful.

#TheMillionImpactMission

Justin Huynh

In personal finance, it’s often more effective to do the opposite of what ‘everyone else’ is doing. But it’s not intuitive to most.

To my fellow GenZ crowd, don’t “act your wage.” This is so flawed.

$6,000 a year makes you a multimillionaire in 40 years.