There are 3,508 billionaires on the planet. Americans dominate their collective wealth. https://t.co/4o4SOOvsWb ...

https://t.co/hU1iFfwOAcSolana Sensei (@SolanaSensei):tell me how rich u are without actually telling me ...

Life Cycle Wealth Management - Wealth generation strategies should adapt to different life stages [1] - Early life focuses on learning and gaining experience [1] - Late life emphasizes transitioning wealth and well-being [2] Investment Strategy - Early career: Prioritize learning and career direction [1] - Late career: Focus on legacy and transitioning assets [2][3] Financial Freedom - The ultimate goal is freedom of choice and relief from earning pressures [2]

Definition of Wealth - Wealth includes growing up in a two-parent household or having both parents alive [1] - Wealth encompasses having one's own bedroom or sharing with only one other person [1] - Wealth is defined by owning a cell phone with internet access [1] - Wealth is characterized by having at least one meal a day [1] - Wealth includes having a washer and dryer in the home [1]

so basically you can have private unfuckwithable wealth on one chain, while being able to use it as collateral, in a trust-minimized way on internet capital marketscool ...

Investment Strategy - Charlie Munger shared advice on getting on the road to wealth [1]

Core Idea - Real wealth is defined as freedom, the power to live life on one's own terms, which requires making deliberate choices to avoid servitude [1] - Freedom is not freely given but built through discipline, effort, and consistent action [1][22] Building Blocks of Freedom - Discipline is crucial, defined as consistently choosing actions aligned with long-term goals, making one a "slave" to their standards and future self rather than to external forces [1][2] - Calculate a "freedom number" by forecasting the cost of one's dream life and building an investment portfolio to sustain it [3][4][5] - Savings form the foundation, requiring careful vetting of expenses to align with long-term goals [7][8] - Investments act as the walls, leveraging compound interest to grow wealth exponentially [9][10] - Consistency is the roof, protecting the house of freedom and sealing one's chosen life [18][19] Investment Strategies - Diversification is key, advocating for a mix of government bonds, shares, and mutual funds to mitigate risk [17][18] - Government bonds are presented as a safe investment option, citing an example of a 25-year bond at a 15% interest rate offered by the Bank of Tanzania [14] - Investing early significantly amplifies the power of compound interest, illustrated by examples showing substantial portfolio growth over time [11][12] Action Plan - Start with discipline in every choice [20] - Calculate the freedom number based on the desired lifestyle [20] - Save consistently and live below means [20] - Invest consistently to harness the power of compound interest [21]

The Millionaire Playbook:1. Get rich slow. It’s faster than going broke fast.2. Your ego is your biggest expense. Cut it.3. Index funds over Instagram flexes. Every time.4. Outsource envy. Focus on compounding.5. Wealth is a math problem… until you make it an ego problem. ...

Who is the richest person in your state? Forbes has the answer: https://t.co/cUvCHQ08XC ...

That's why "is $1M USD a lot" is the wrong question ...