PebHmong Discussion Forum

General Category => General Discussion => Topic started by: hmgROCK on August 13, 2019, 11:02:14 PM

Title: Hmgrock guide to building wealth: one year later UPDATE
Post by: hmgROCK on August 13, 2019, 11:02:14 PM

last year, i made thread about how fidelity just open a fund that has zero expense
ticker $FZROX
and how i was going deposited $100-200 every paycheck

here's an update one year

http://www.pebhmong.com/forum/index.php/topic,394898.msg4928324.html#msg4928324 (http://www.pebhmong.com/forum/index.php/topic,394898.msg4928324.html#msg4928324)

(https://i.imgur.com/iYUAPR0.jpg)

Title: Re: Hmgrock guide to building wealth: one year later UPDATE
Post by: hmgROCK on August 13, 2019, 11:04:53 PM

you're buying the whole market some 3,000 stock
and over time, over a long period

if the US don't get nuke
it will go up

Title: Re: Hmgrock guide to building wealth: one year later UPDATE
Post by: hmgROCK on August 13, 2019, 11:07:27 PM

every paycheck
$100-200

dollar cost averaging
and hold to this fund for dear life
don't sell, until you die

or need the money when you retire

THE RULES

1. keep buying, if it drop
2. keep buying if it goes up
3. keep buying every paycheck
4. don't sell till you need the money when you retire
5. reinvest all your dividend and gains
6. this is the lazy one man, PASSIVE set and forget fund

you do this, i promise you by the time you reach 65 years old
you will be a millionaire

Title: Re: Hmgrock guide to building wealth: one year later UPDATE
Post by: theking on August 14, 2019, 12:18:10 AM

Quote from: hmgROCK on August 13, 2019, 11:07:27 PM

you do this, i promise you by the time you reach 65 years old
you will be a millionaire

Why "do" all that when you can just win the lotto or give others the winning numbers so they can be a "millionaire" now since you're the "hmong Nostradamus and is always right"?  ???