Dr. Philip Zhou Stock Investing

If you invested in Bitcoin in 2015 at $300 and sold at the peak in 2021 at $64000 in April 2021, you would have made 200x your initial investment! Which is amazing. And it was only 8 cents in 2010 had you got in even earlier. That means had you just invested $10, you could have had $8 million dollars! I was thinking of buying some at this price back then, but passed on it, not knowing what bitcoin would eventually be worth. I regret it in hindsight, but nobody knew it would be worth so much. It was also a pain to buy them back then, and the process seemed very shady. The market where you could use bitcoins to buy things was associated with the black market and eventually got taken down by authorities, rendering bitcoins useless. People just threw away their bitcoins. We’ve got to keep in mind that it was never easy money for early bitcoin owners. Many of the people who got into bitcoin early lost all their money from hacker attacks. Others sold it early, or spent it to buy cheap it...

  This article is written for friends and family new to investing. All of whom have sadly told me they have been losing money. I wondered how this is possible in the greatest bull market in stock market history, and then I realize they don’t have access to good information. I hope this article will change that. Here I teach you how to get started in stock investing, based on how I got started myself in 2017. It’s called index fund investing, and can be done in a regular taxable account, a 529, a 401k, or a Roth IRA. The way I do stocks, there’s zero taxes in a regular taxable account and you have more advanced options to make money faster. In the long run, a regular taxable account is the best for all situations where you never sell the stock (and therefore avoid taxes entirely). The end game will be based on borrowing money against the stocks you own, so instead of paying taxes, you get tax deductions on any interest that you pay (reverse taxes). After a certain point you’ll never...