DD Support Board and Research Team

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I've often wondered how many people make money on their first investments. Surely very few. I'd love to see an academic study on that. My kids made money right off that bat when I bought them quality funds after birth. A 30+ year bull market helps

New investors should understand they're almost certainly doomed at the start. The first year in the market is so damn important yet few do it the right way. Munger has stressed that it is vital to make $100,000 as fast (and as safely) as possible. $100,000 gives you some breathing room for life.

What do modern kids do? Buy meme or fad rubbish and lose it all in a flash, while learning nothing.