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MJ DeMarco
I followed the science; all I found was money.
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Not to throw shade at MJ, cause what the hell do I know about managing large amounts of capital, but I've never heard of the three-three rule and it sounds kind of dumb.
Sure, when it is applied incorrectly and misused.
Perhaps when you make more specific investments for the purpose of passive income, then maybe the rule won't sound so dumb.
The rule has served me well in life, but hey, what do I know.
Anyhow, the rule is for dividend stocks and paycheck pot assets with stated yields, NOT "F*ck you pot" investments or gambles. In other words, it isn't for speculative assets with no yields. AAPL, while it has a dividend, is not a dividend stock. People don't buy it for its income, they buy it for speculative appreciation.
I thought I was pretty clear on this in Unscripted that 3/3 was for assets with yields. Although I can see how it was missed, those chapters are pretty dry.