According to renowned market veteran Peter Brandt, trading isn’t the path to prosperity for the vast majority of people.
In a candid post shared on June 30, Brandt advised that 95% of individuals would be better off pursuing excellence in a conventional career instead of trying to beat the markets.
“Trading is the wrong path for 95% of people,” Brandt wrote, arguing that most would find more success by focusing on skilled professions like engineering, plumbing, welding, veterinary medicine, or sales.
Brandt outlined a straightforward formula for long-term success: live below your means, get married, raise a family, and build wealth through real estate and steady investing. He recommends purchasing a twin home and renting out one side to generate passive income—a timeless strategy rooted in financial prudence.
In contrast to high-risk day trading, Brandt champions a passive, disciplined approach to investing. His proposed portfolio allocation? Invest monthly with 80% in the S&P 500 ETF ($SPY) and 20% in Bitcoin.
This balanced strategy reflects Brandt’s belief in the long-term resilience of U.S. equities, combined with a growth allocation in digital assets. The 80/20 split offers both stability and upside potential, appealing to younger investors who want to build wealth without excessive risk.
While many in the crypto and finance community promote short-term speculation and active portfolio management, Brandt’s guidance leans on simplicity and patience. As someone with decades of market experience, his message carries weight: focus less on trading and more on building a sustainable life.
His advice echoes timeless financial wisdom—earn well, live modestly, and invest consistently—underscoring that wealth is built over decades, not days.
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