“Max out your 401k… 80% SPY, 20% some five-year IT fund. Turn it on to auto-reinvest and call me in 30 years.”

Harley Bassman · Alpha Exchange · Harley Bassman, The Convexity Maven

Play from 40:21
40:21

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

Max out 401k contributions, allocate 80% to SPY and 20% to a five-year inflation-protected fund, enable auto-reinvest and hold for 30 years

80% SPY, 20% five-year IT fund, 30-year horizon

Said nearby on the same subject

“If you have not maxed out your IRA and 401k, you can do that. With every raise, aim to increase your savings rate.”
RB
Robert Brokamp
Rule Breaker Investing ·
How they work Share this moment
“We're left with $18, so $100 sale minus $30 of cost of goods, minus $6 for TikTok, minus $15 for the creator, minus $20 for GMV Max, minus $8 for fulfillment and shipping, minus $3 for returns equals an $18 contribution margin.”
JW
Jordan West
The Unofficial TikTok Shop Podcast with Jordan West ·
Hard number $18 contribution margin (18% of $100) Share this moment
“People don’t need to sell… they’ve made so much money over the last seven years… they can hold it for another five years.”
EM
Emilio Martinez
Geared for Growth Property Investing Podcast ·
Contrarian take Share this moment
“You would just, if I had five different funds, five different equity funds, I just take my top 10 or 20 holdings, rank all of them and see what the overlap is”
MJ
Matt Jones
Equity Mates Investing Podcast ·
How they work Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.