Erin Thompson
speaker
213 appearances
1 recordings
1 series
first heard Dec 2024
last heard Dec 2024
Erin Thompson’s voice in public audio — every appearance, attributed to the second.
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Appearances
And doing a simulation like that, you can turn $1,000 into...
tens of thousands of dollars in a few years.
So it's kind of nice because you can build an account that is like a retirement account size, but you can do it in a fraction of the time.
Again, I don't want to make income claims or promise anything, but the way that it, because you're doing it every day and you can be growing your account every day, as opposed to like looking at the yearly average percent,
It's just very exciting, the growth that you can experience.
So, but when you do start out, I'm very much trying to keep people small because any missteps that you make, you want to be doing that when the stakes are low, when you don't have a lot of money at risk.
And then, like I said, mathematically, I have shown that if you just keep stacking up these small wins 60% of the time, you will make really significant gains in just a few years.
So that's, it's exciting.
Yeah.
I feel like...
having your monthly finances going okay is kind of an important first step.
I will say there's, there are a lot of women in my group who are like struggling financially, and I wouldn't recommend it for people who are like, oh, I'll just day trade.
And that'll help me make this bill this month.
Because when you come at the market from that kind of place of desperation, you tend to make more emotional decisions and not stick to your plan and your rules.
And so it's
I'm sure that there can be success there, but I would recommend, you know, if you are doing pretty well, you have your, at least a plan, you know, you're working the plan.
It's, I'm not saying that you have to be completely debt-free, but you definitely don't want to be looking at today trading.
Like I need this to make my bills this month, but it can work.
There are people, there are one of the millionaires, he was in college still when he made like his first half a million dollars in
So it absolutely can happen for you then.
Showing 161–180 of 213 · page 9 of 11
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