Want to hear about one my biggest financial mistakes?

Back in 2018, my photography business was booming - I had everything that I ever dreamed up.

But, like every other entrepreneur I still wasn't satisfied. I wanted more success, more money, more recognition.

A Thread 🧵
I had my ego blinders on and ended up booking a 3 month program titled "Mastery". Where I was going to embark on an epic journey with my new mentor.

Sounds awesome right?

That shit cost $14,500 and all I really learned was to work hard and that Instagram gurus are a scam.
Let's run some numbers on the $14,500 and figure out what that money would be worth today if I invested it into the stock market.

💰🚀
AUTOMOTIVE

If I invested $14,500 in $TSLA on May 8, 2018, today the investment would be worth:

$104,846.31

Annual rate of return: 125.50%
Total increase: 623.08%
Total profit: $90,346.31

With that much money, I could go out and buy 12 Louis Vuitton skateboards.
RETAIL

If I invested $14,500 in $AMZN on May 8, 2018, today the investment would be worth:

$29,309.91

Annual rate of return: 33.55%
Total increase: 102.14%
Total profit: $14,809.91

With that much money, I could go out and buy 915 cool Nerf weapons.
INDEX

If I invested $14,500 in $SPY on May 8, 2018, today the investment would be worth:

$19,492.53

Annual rate of return: 12.93%
Total increase: 34.43%
Total profit: $4,992.53

With that much money, you could go out and buy a slightly-used Honda Civic.
Moral of the story?

Invest in the stock market and be cautious of gurus that are only trying to pickpocket you 😜
Please note, these figures above are based on Alpha Vantage's historical stock data, which takes into account splits and dividends. The most recent closing price is used for the selected symbol.

Thanks for taking the time to read this thread, hope you enjoyed it!
You can follow @jmichaelfulton.
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