Rashad Bilal
speaker
114 appearances
1 recordings
1 series
first heard May 2025
last heard May 2025
Rashad Bilal’s voice in public audio — every appearance, attributed to the second.
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Appearances
You got to be in the game to win.
First lady. You have it. See you now. You have it. Can I be the campaign manager? Yeah.
I like that.
Let me check.
Yeah, I'm going to check right now.
My E-Trade is up 79%. 79%? We got down to 11% earlier in April. So yeah, since April. So we're up about 60% since the tariff thing.
So that's my options trading account.
Yeah. And you're starting to see it now over the past six or seven years where people are appreciating the number. So where it was, hey, we can get you a return of 7%, people are sneezing at that. That's a good return.
7% to 10%. When you're not educated in the space, it feels like, oh, that's not a lot. Especially if I tell you, hey, I had this equity that I invested in, NVIDIA would be a company that's up 400%. The seven doesn't feel as good. And so there's a level of expectations that we have to put, but a level of knowledge we have to put behind that.
If you have compounded interest of 7% return every year, you're in a good position.
It's interesting you said that because I agree. It's the first 100,000, even trying to save up to that amount. I know a lot of people are like, hey, I'm saving my money because that's what I've been taught. As you're a young adult, save, save, save. And trying to get to 100,000 to invest, it's like the mountaintop.
If you can get to that, then it's like, all right, I have income now to see substantial growth. That was kind of my story. It was like, get to the 100,000. do all the research, put in some good investments, and watch the return. And I did that in 2020, and then the returns were great. And so we're just gonna replicate that. But that $100,000, that is the threshold.
Early 2020.
$100,000?
We didn't share it. We both made it. Share it.
Yeah, definitely. Definitely. And we were like, I remember putting metrics in. If I get to a million, I'm gonna buy this watch. And then you got to the million. If I buy that, that's really like 50,000. I don't know, I gotta change the metric. I'm like, we gotta make 1.5, we gotta make two. And so you just keep changing the metrics. But yeah, I agree with what he's saying.
Like the million was the goal. 100,000 saved to invest was like, I gotta get there. Because that 100,000 turned into the million.
What did I buy? I bought a watch.
You leapfrog. What was your route? Was it like one and then 1.5?
I always used to say my mindset was that of a millionaire. My bank account just didn't say it. So even when I was teaching in school, I had that mindset of I'm gonna be financially disciplined because if I was making $100,000 a year and managing a family of two and a wife, I'm like, if I get a million, there's not much that's gonna change. So it was the mindset.
Showing 41–60 of 114 · page 3 of 6
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