๐ง๐ข๐ฃ ๐ญ๐ญ ๐๐๐ฆ๐ฆ๐ข๐ก๐ฆ/๐
๐๐๐๐ from some business/finance books:
This thread is a compilation of interesting lessons from the latest books I read.Some people don't get time to read,don't worry here is it all and as a token of love you can #retweet to help others too.
This thread is a compilation of interesting lessons from the latest books I read.Some people don't get time to read,don't worry here is it all and as a token of love you can #retweet to help others too.
1.If you prepare well when youโre young,recognizing the tradeoffs between work & relationships,you will be happier throughout your life.
2.The three-day stock market crash and recovery of 1962 showed the world how irrational and unpredictable it is hence stop timing as no1 can.
2.The three-day stock market crash and recovery of 1962 showed the world how irrational and unpredictable it is hence stop timing as no1 can.
3.Small savings can add up to a fortune if you invest them constantly.Sadly common man doesnt realize the power of long term compounding & the myth has been same since 100 yrs. Hence common man remains common & rich gets richer.
4.Your life will be happier if you buy less.
4.Your life will be happier if you buy less.
5. Marketing hack which several companies use : In an advertisement, when you see someone sipping Coca-Cola or wearing an Abercrombie & Fitch shirt, your brain wants to mimic them, so you buy. One way that companies get us to buy more is through subliminal messages.
6.If you sacrifice your time and energy in your youth to work hard,then you can relax later.75% people struggle with financial tension post retirement and have regrets.
7.Find your annual expenses and multiply by 25. This if you saved & invested,you could live off of forever!
7.Find your annual expenses and multiply by 25. This if you saved & invested,you could live off of forever!
8.The more we consume,harder we have to work to keep up with our consumption.This leaves us with less time to do the things that actually make us happy,like spending time with friends.If you think you need iPhone to be happy,youโre trying to cover your misery,only making it worse
9.If you want to be happy,stop buying stuff and going into debt and spend your money on EXPERIENCES.The pleasure gained from experiences doesnโt fade nearly as fast.
10.Resilience will help you weather the turbulent winds of challenges and setbacks.
FINALLY
10.Resilience will help you weather the turbulent winds of challenges and setbacks.
FINALLY
11. Monitor your investments based on the country where you invest. In Japan,for example, the market crashed in 1991 and didnโt recover for 20 years.Hence Japanese who invested in other economies ONLY made money that time.
Hope the thread helped
Keep learning
Keep growing
#AKAL
Hope the thread helped
Keep learning
Keep growing
#AKAL
