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The real WOLF OF WALL STREET 🤯 i interviewed @Einstein of Wall Street the longest standing trader and stockbroker in the history of the New York Stock Exchange and I asked him how he got RICH! I asked him the best financial advice he’d instill in the everyone around the world. He told me how to know what companies to invest in and how to make your money work for you. Lastly, I asked him his best advice to the younger generation. #wealth #entrepreneur #financialfreedom #motivation
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The S&P 500 is concentrated at the top. 7 stocks make up close to 30% of the entire index. Since the S&P 500 ETF is weighted by market cap, companies with higher market capitalizations make up proportionally more of the index. Now, there is a version that fixes this called an “equal weight ETF”. Where every stock gets the same allocation of dollars. But here’s the thing - if you go with that option, over the past 10 years - the normal S&P 500 has returned 212%, while the equal weight version ret
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