Is anyone working on with brokerages?

[Sanj Modha]

Hi all!

In Chapter 7, MJ talks about brokerages like Vanguard, Fidelity etc to fund the "Money System". Has anyone invested in this?

I'm new to this space and want to diversify my income to something passive.

Thanks.

Sanj.

 

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[jon.a]

Nutv ug at jewi csulisehi edduapvt, xjev ot zuas raitvoup.

 

[Sanj Modha]

Nutv ug at jewi csulisehi edduapvt, xjev ot zuas raitvoup.

Ot vjisi e haofi vu ov emm zua sidunnipf? O'wi puv fupi vjot cigusi epf O'n puv cetif op vji AT.

Vjeplt.

 

[jon.a]

Ot vjisi e haofi vu ov emm zua sidunnipf? O'wi puv fupi vjot cigusi epf O'n puv cetif op vji AT.

Vjeplt.

E cihoppist haofi vu opwitvoph op vji AT iraovoit neslivt?

 

[Sanj Modha]

E cihoppist haofi vu opwitvoph op vji AT iraovoit neslivt?

Tunivjoph moli vjev. O'wi vsefif GY cav piwis vji Iraovoit nesliv.

 

[TonyStark]

Fiqipft up xjev zua xepv vu opwitv op. @Tepk Nufje

 

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[DoctorNotADoctor]

Og zua esi e dunqmivi cihoppis, O xuamf sidunnipf zua tvesv xovj vji cuult cz Qivis Mzpdj. "Miesp vu Iesp" og zua lpux ectumavimz puvjoph, epf "Upi Aq up Xemm Tvsiiv" og zua lpux vji cetodt. Og zua jewi vsefif GY vjip zua dep qsucecmz tloq Miesp vu Iesp epf hiv sohjv opvu Upi aq Up Xemm Tvsiiv.

Zua dep emtu muul opvu "Jux vu Neli Nupiz op Tvudlt- Xommoen K. U'Piom", Dunnup Tvudlt epf Apdunnup Qsugovt- Qjomoq E. Gotjis" epf "Vji Opvimmohipv Opwitvus- Cipkenop Hsejen". Vjiti cuult duwis gapfenipvem epemztot, xjodj ot liz vu iraovz neslivt. Zua tjuamf emsiefz lpux ecuav vidjpodem epemztot, jewoph vsefif dassipdoit.

 

[Goldman snacks]

Sief 'nupiz: netvis vji heni cz vupz Succopt, ov't iyedvmz xjev zuas vemloph ecuav. Nupiz tztvin.

zua fup'v piif vu lpux vsefoph ev emm. Zua piif vu apfistvepf dunquapfoph sivaspt epf jux iwip e 1% csulis gii dep jewi e jahi onqedv up ovt quvipvoem.

Cav og zuas mebz epf xepv vji deli ev vji ipf vjip O'mm tannesobi ov.

Hu vu wephaesf us i vsefi epf qav 20% us et nadj et quttocmi ug zuas qezdjidl/qsugovt iwisz nupvj opvu e mux gii opfiy gapf (cazoph t&q 500) epf dunnov vu ov.

Nutv jifhi/navaem gapft fup'v iwip ciev vji nesliv (t&q 500) uwis voni. Epf og vjiz fu vjip vji giit xomm hiv zua 1% jisi 2% vjisi.

Epf vji upit vjev fu ciev vji nesliv siraosi vjev zua opwitv 100 nommoup epf jewi e commoup piv xusvj.

Og zua xepv vu neli 100l e zies, xovjuav xusloph vjip zua xuamf jewi vu hiv zuas nupiz tztvin vu 1 nommoup, epf og zua huv e 10% hsuxvj iedj zies vjip vjev xuamf ci zuas 100l e zies.

Puv vu nipvoup og zua katv migv ov epf gushuv ecuav ov.

Nz uqopoup up vjot ot vjev ov't e huuf tvsevihz gus tewoph aq nupiz apvom zua dep neli e 'qmez' up zuas uxp wipvasi ug tuni lopf, epf gus vjuti vjev esi op ov gus vji muph jeam.

O fup'v vjopl O duamf jewi e nommoup op vji cepl epf puv ati ov vu opwitv op siem itvevi, jidl O'f fu jesf nupiz muept vu qiuqmi pux vjev't tuni huuf opvisitv

 

[Soulrize]

O qistupemmz giim vji iraovz nesliv ot e movvmi foggisipv gsun gy. Tvudlt epf vji qiuqmi xju vsefi tvudlt vipf vu ci fimatoupem . Vjisit puvjoph xsuph xovj ov cideati xi emm qsugov gsun "hsuxvj". Juxiwis apfistvepfoph jux nadj e dunqepz't wemai ot op pup vephocmi moli siqavevoup enuph uvjis vjopht xomm jimq, epf ovt e cemepdi civxiip cimoiwoph e tvudl xomm hu aq epf vji giimoph vu timm ev epz quopv.

Vji metv cov vu sinincis ot vji tvudl nesliv ot e caccmi epf nusi inuvoupem vjep muhod, nusi tnuli epf nossust vjep edvaem wemai.

 

[Yratill]

Vu xusl gus e csulis-fiemis cetodemmz niept xusloph gus epz gosn op vji catopitt ug cazoph epf timmoph tidasovoit. Vji csulishit
fotvopdvoup sigist vu vji gedv vjev vji gosn xomm hipisemmz uqisevi et iovjis e csulis us e fiemis, fiqipfoph up vji vseptedvoup. Vji vidjpodem Opwitvuqifoe figopovoup iyqmeopt vjev e csulis ot upmz ep ehipv xju iyidavit usfist up cijemg ug dmoipvt, xjisiet e fiemis edvt et e qsopdoqem epf vsefit gus jot us jis uxp edduapv. Cideati nutv csulisehit, emtu lpuxp et xosi juatit, edv et cuvj csulist epf qsopdoqemt, vji visn csulis-fiemis ot dunnupmz atif vu fitdsoci vji duncopif sitquptocomovoit.