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Peter Mallouk Profile
Peter Mallouk

@PeterMallouk

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I simplify Money, Motivation and Mindset | CEO, @CPIWealth | #1 Financial Advisor in America 3 Times | Bestselling Author

Joined March 2016
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@PeterMallouk
Peter Mallouk
1 year
Every bag in America trying to avoid getting on a Southwest flight
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@PeterMallouk
Peter Mallouk
2 years
A tragic life…
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@PeterMallouk
Peter Mallouk
7 months
The average US family health insurance premium has increased from $6,000 in 2000 to $21,000 in 2022. That’s a 249% increase, or 5.8% per year, more than double inflation. The biggest beneficiaries of this massive increase in costs: health insurance companies. UnitedHealth…
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@PeterMallouk
Peter Mallouk
3 years
@profgalloway Or you can hang out with people you love and respect. Friends aren’t cars. I am a fan but this is a terrible take. I can’t imagine choosing friends based on how smart or successful they are.
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@PeterMallouk
Peter Mallouk
3 years
Median net worth by age according to the Federal Reserve.
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@PeterMallouk
Peter Mallouk
1 year
Kevin O’Leary was against crypto until FTX came along and gave him 15 million in tokens to promote them. Now he’s lost what was given to him and is playing the victim. The real victims are the millions of people that fell for the fraud he promoted.
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@PeterMallouk
Peter Mallouk
11 months
Nvidia currently has only $26 billion in sales versus $208-525 billion for the Big 4 (Microsoft, Apple, Google and Amazon). Just how high are these expectations? Nvidia now trades at over 38x sales and over 200x earnings. We’ve never before seen a price to sales ratio that high…
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@PeterMallouk
Peter Mallouk
3 years
The goal of media is to make every problem your problem. @naval
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@PeterMallouk
Peter Mallouk
2 years
Tesla is going to be the next Netflix. Like Netflix, it is revolutionary, far ahead of its time, excellent execution and visionary leadership. Also like Netflix, there is no moat with minimal barriers to entry for competitors. The party will come to a screeching halt.
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@PeterMallouk
Peter Mallouk
4 years
@_Mikey_Cee Any other year this is cool. In 2020 it just comes off as particularly ominous.
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@PeterMallouk
Peter Mallouk
1 year
Why money rarely makes it three generations.
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@PeterMallouk
Peter Mallouk
3 years
The millionaire profile: •The median household income of the average American millionaire family is $131,000 per year •80% did not receive any inheritance •They live in neighborhoods where the majority of their neighbors have less wealth •83% attended only public schools
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@PeterMallouk
Peter Mallouk
1 year
Focus what you can control and let go of the rest.
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@PeterMallouk
Peter Mallouk
10 months
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@PeterMallouk
Peter Mallouk
1 year
Not a single sell rating from any wall street firm covering SIVB. Says everything you need to know about the value of analyst recommendations and price targets.
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@PeterMallouk
Peter Mallouk
1 year
‘So old’ and ‘so out of touch’ and ‘they just don’t get it’, they said…
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@PeterMallouk
Peter Mallouk
1 year
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@PeterMallouk
Peter Mallouk
3 years
Top 5 Wealth Killers: #1 by a landslide: credit card debt 2. High student loans without a high earning degree 3. House(s) / car(s) beyond needs and with a higher carrying cost than you can afford 4. A partner that encourages excessive spending 5. Personal lifestyle creep
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@PeterMallouk
Peter Mallouk
7 months
Your habits influence your destiny.
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@PeterMallouk
Peter Mallouk
5 months
RIP Charlie Munger, one of the greatest. In a world that seems to have lost its common sense at times, he was full of practical wisdom. Some of his best nuggets…
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@PeterMallouk
Peter Mallouk
1 year
At age 95, Jimmy Carter fell, was bruised and got 14 stitches, and still went to build homes for the homeless. Regardless of where you sit politically, this is one incredibly inspiring human being.
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@PeterMallouk
Peter Mallouk
1 year
The stock market is the opposite of a casino. The longer you play, the higher the odds you win.
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@PeterMallouk
Peter Mallouk
2 years
After stocks drop 20% or more, they average a cumulative rate of return of over 41% over the next 3 years and over 71% over 5 years. Stay disciplined.
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@PeterMallouk
Peter Mallouk
2 months
I can hear the tone in his voice as he says it…
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@PeterMallouk
Peter Mallouk
4 months
Appreciate what you have...
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@PeterMallouk
Peter Mallouk
1 year
Only 2% of funds survived and outperformed the SP 500 since 1992.
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@PeterMallouk
Peter Mallouk
4 years
When this is over we all need to stop using Amazon for 90 days and instead: 1 - Shop at our local stores 2 - Eat out often and tip big 3 - Grab drinks with friends more than normal and support our local bars 4 - Catch up on travel
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@PeterMallouk
Peter Mallouk
9 months
Just a gentle reminder that the stock market doesn't care much about your politics.
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@PeterMallouk
Peter Mallouk
3 years
This isn’t normal alert: The S&P 500 has gone over 10 months without a 5% pullback.
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@PeterMallouk
Peter Mallouk
4 years
4 tips to build wealth: 1. Start as early as you can. 2. Automate your savings. Invest a certain amount from every paycheck, even if small. 3. Avoid credit card debt. 4. Buy assets that bring money to you (stock, bonds) instead of assets that take money from you (fancy cars).
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@PeterMallouk
Peter Mallouk
1 year
🔥🔥🔥
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@PeterMallouk
Peter Mallouk
1 year
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@PeterMallouk
Peter Mallouk
4 years
Can we get through this? Of course we can. Imagine being born in 1900. Age 18: WWI starts, lasts 4 years, 22m die Still 18: Spanish Flu epidemic kills 50m over 2 yrs 29: Great Depression; economic collapse over 4 yrs 39: WWII starts, lasts 6 yrs, 75m die
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@PeterMallouk
Peter Mallouk
5 months
Beware your thoughts, for they become who you are. “Don’t talk to yourself in a negative way.”
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@PeterMallouk
Peter Mallouk
1 month
The most depressing charts involving money that I have ever seen.
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@PeterMallouk
Peter Mallouk
1 year
Fred in accounting just filed his last tax return of the season.
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@PeterMallouk
Peter Mallouk
4 years
Schwab probably wishing they delayed that whole free trading thing.
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@PeterMallouk
Peter Mallouk
8 months
Milton Friedman on the real cause of inflation.
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@PeterMallouk
Peter Mallouk
9 months
I think about this quote all the time…
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@PeterMallouk
Peter Mallouk
10 months
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@PeterMallouk
Peter Mallouk
3 years
Are you ready for this? Money invested when the market is at all time highs has outperformed money invested on any given day.
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@PeterMallouk
Peter Mallouk
8 months
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@PeterMallouk
Peter Mallouk
1 year
Social media in one picture.
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@PeterMallouk
Peter Mallouk
3 years
@ParikPatelCFA Or Mark Cuban.
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@PeterMallouk
Peter Mallouk
3 months
Why not just invest in the S&P 500? Because there's a cycle to everything, and nothing outperforms forever. From 2001 to 2010, large-cap U.S. stocks earned exactly 0% while many other asset classes did incredibly well. From my new book: Money, Simplified.
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@PeterMallouk
Peter Mallouk
4 years
If you know where your news anchor likely stands on all major political issues, you’re not watching news, you’re watching propaganda.
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@PeterMallouk
Peter Mallouk
3 years
@mcuban Deal on both.
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@PeterMallouk
Peter Mallouk
1 year
The life of Alexander the Great is filled with incredible, true stories, but the story I find most insightful is a myth about his death. It's full of important life lessons. On his death bed, Alexander the Great summoned his generals and told them his 3 final wishes:
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@PeterMallouk
Peter Mallouk
7 months
The stock market is the opposite of a casino. The longer you play, the higher the odds you win.
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@PeterMallouk
Peter Mallouk
1 month
Every chapter moves faster than the one before it, and there are no guarantees any of us get to experience the entire story. Every day is a gift.
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@PeterMallouk
Peter Mallouk
3 years
@morganhousel Sounds like the seller has a really bad realtor.
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@PeterMallouk
Peter Mallouk
2 years
This is incredible. Ukraine’s president is asking for ⁦ @elonmusk ⁩ to provide Starlink stations to ensure fast internet stays in place. And Elon making it happen within hours.
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@PeterMallouk
Peter Mallouk
3 years
$1 over time. Put your money to work or lose your purchasing power.
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@PeterMallouk
Peter Mallouk
1 year
In my books, letters and podcasts I regularly encourage people to enjoy their wealth. Getting your dog a first class tickets from Hong Kong to Paris is a bit over the top though.
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@PeterMallouk
Peter Mallouk
7 months
One thing I have learned over the years is there are plenty of people that look like they have nothing but are actually super wealthy, and plenty of people that look super wealthy but actually have nothing.
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@PeterMallouk
Peter Mallouk
4 years
How much better off would the world be if every high school student had to take just one credit hour on personal financial education and one on having healthy relationships?
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@PeterMallouk
Peter Mallouk
4 months
Are you ready for this? Money invested when the market is at all time highs has outperformed money invested on any given day.
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@PeterMallouk
Peter Mallouk
3 years
4 things that should be required learning in high school: 1. How a credit card works 2. How to create a budget 3. How compounding of interest/returns impacts wealth 4. How loans and credit scores work
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@PeterMallouk
Peter Mallouk
11 months
May as well stop caring now…
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@PeterMallouk
Peter Mallouk
3 years
4 things that should be required learning in high school: 1. How a credit card works 2. How to create a budget 3. How compounding of interest/returns impacts wealth 4. How loans and credit scores work
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@PeterMallouk
Peter Mallouk
3 months
If you have your health, you have a thousand worries. If you don’t have your health you have only one worry.
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@PeterMallouk
Peter Mallouk
1 year
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@PeterMallouk
Peter Mallouk
1 year
You have a lot of control over your energy level.
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@PeterMallouk
Peter Mallouk
2 years
@APompliano It’s nearly impossible to imagine any American president in modern history doing anything like this.
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@PeterMallouk
Peter Mallouk
3 years
If you agree with every single one of your political party’s positions you stopped thinking for yourself long ago and have become a total sheep, a victim of manipulation.
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@PeterMallouk
Peter Mallouk
4 months
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@PeterMallouk
Peter Mallouk
10 months
Clever way of avoiding saying ‘Made in China’.
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@PeterMallouk
Peter Mallouk
4 years
It’s one thing for individuals and small businesses to not have a a few months of reserves. It’s completely unacceptable that publicly traded companies that have been issuing dividends and conducting stock buy backs suddenly can’t survive a few months.
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@PeterMallouk
Peter Mallouk
1 year
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@PeterMallouk
Peter Mallouk
11 months
Most people are complainers. Grateful people are happier people.
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@PeterMallouk
Peter Mallouk
2 years
The S&P 500 is down 12.5% year to date. Over nearly the last 100 years, the average market drop has been 14%. We aren’t event at an average correction level yet. If you are overly stressed out about your portfolio, the stock market isn’t for you. Stay disciplined and prevail!
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@PeterMallouk
Peter Mallouk
2 years
Forgiving student loans is unfair to the majority of Americans, especially those that never went through college. Plus, there are better solutions to help those in need. Here’s why:
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@PeterMallouk
Peter Mallouk
2 years
An analysis of 4 million participants found people who lived with a dog were 24% less likely to die during the 10 year study compared to those that didn't live with a dog. Dog owners also had a 31% lower chance of a heart attack. Like I needed another reason to love my dogs!
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@PeterMallouk
Peter Mallouk
4 years
7 traits of high performers: 1. Self discipline 2. Excellent time management 3. Keen understanding of priority 4. Positivity Bias 5. Self-aware 6. Developing expertise 7. Eye on the prize - focus on results
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@PeterMallouk
Peter Mallouk
4 years
@RBReich 74% of Millennials believe millionaires inherited their money, but the vast majority of millionaires didn’t get any inheritance at all. Only 21% of millionaires received any inheritance. Just 16% inherited >$100,000 and only 3% received an inheritance >1 million. Chris Hogan
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@PeterMallouk
Peter Mallouk
1 year
If you have.. •food on your table •a roof over your head •plumbing •electricity •and a super computer in your hand Then you are in the most fortunate group of all humans to ever inhabit this earth. There is plenty for which to give thanks.
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@PeterMallouk
Peter Mallouk
1 year
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@PeterMallouk
Peter Mallouk
3 years
The moon photographed over 28 days at the same place and at the same time.
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@PeterMallouk
Peter Mallouk
3 years
Every week from here on out the weather will get a little better and millions more will be vaccinated. The new beginning is coming and it’s going to be very, very good.
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@PeterMallouk
Peter Mallouk
1 year
Jerome Powell talking to Americans about inflation.
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@PeterMallouk
Peter Mallouk
2 years
Most Americans become millionaires simply by making smart 401(k) decisions. Here is a clear 10 step path to joining the ranks of America’s 401(k) millionaires:
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@PeterMallouk
Peter Mallouk
1 year
The millionaire profile: •The median household income of the average American millionaire family is $131,000 per year •80% did not receive any inheritance •They live in neighborhoods where the majority of their neighbors have less wealth •83% attended only public schools
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@PeterMallouk
Peter Mallouk
5 years
So you want to be a millionaire? 1/10: take personal responsibility for making it happen. Own it. Contrary to popular belief, most millionaires are self-made. 79% did not receive ANY inheritance.
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@PeterMallouk
Peter Mallouk
3 years
The Fed making everyone feel brilliant.
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@PeterMallouk
Peter Mallouk
1 year
“This is nothing.” An insightful sense of priority. 🔥🔥🔥
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@PeterMallouk
Peter Mallouk
2 years
That obstacle you are facing? You can overcome it.
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@PeterMallouk
Peter Mallouk
4 years
For kids that think punctuation doesn’t matter.....
@RexChapman
Rex Chapman🏇🏼
4 years
Most TV anchors will pause between the greeting and top-story. But not this guy...🤭🤣😭💀💀
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@PeterMallouk
Peter Mallouk
3 years
Your most valuable assets don’t show up on your balance sheet: •Love in your life / Family and friends •Health •A peaceful mind •Dreams / Purpose •Time
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@PeterMallouk
Peter Mallouk
3 years
If you invested $10,000 in the S&P 500 10 years ago, you would have $39,512 today. 20 years - $52,583 30 years - $205,168 40 years - $897,161 50 years - $1,783,006 Compounding is magic. Start as early as you can.
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@PeterMallouk
Peter Mallouk
1 year
99% of current mortgages have interest rates below current market rates.
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@PeterMallouk
Peter Mallouk
2 years
Bear markets look scary until compared to bull markets. Stay disciplined.
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@PeterMallouk
Peter Mallouk
4 years
Sums up what I hear a lot.
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@PeterMallouk
Peter Mallouk
1 year
It’s what everyone doesn’t see that makes it happen.
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@PeterMallouk
Peter Mallouk
11 months
The closest recent comparison is Tesla, which traded at nearly 30x sales when it hit the $1 trillion mark back in 2021. What happened after that? It would go on to decline over 70% with its price to sales ratio falling to 5x. I posted that it was overvalued near its peak, and…
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@PeterMallouk
Peter Mallouk
3 months
Habits drive outcomes.
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@PeterMallouk
Peter Mallouk
3 years
Whatever it is you think you need, know that there are many with real needs.
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@PeterMallouk
Peter Mallouk
7 months
Top 5 Wealth Killers: #1 By a landslide: credit card debt 2. High student loans without a high earning degree 3. House(s) / car(s) beyond needs and with a higher carrying cost than you can afford 4. A partner that encourages excessive spending 5. Personal…
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@PeterMallouk
Peter Mallouk
4 years
4 things that should be required learning in high school: 1. How a credit card works 2. How to create a budget 3. How compounding of interest/returns impacts wealth 4. How loans and credit scores work
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@PeterMallouk
Peter Mallouk
5 years
“Money is multiplied in practical value depending on the number of W’s you control in your life: what you do, when you do it, where you do it, and with whom you do it.” – @tferriss
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@PeterMallouk
Peter Mallouk
1 year
Actively trading stocks to try to beat the market is a loser's game.
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