Edna Jennifer Profile picture
Sep 21, 2020 4 tweets 1 min read Read on X
When you see others making “big money” in a field, there’s a tendency to want to move there to see if you can get a slice of the cake.

Don’t do that.

There a billionaire footballers & broke footballers. Millionaire YouTubers & broke ones. Find what you’re good at & do that.
There are FinTech that have raised millions of dollars in funding and those struggling to get by. Software developers making 6 figures and those that aren’t. Influencers or media people that are rich and those that aren’t. There is no 1 foolproof 100% guaranteed career path
that’d guarantee you riches. We cannot all do the same thing & we should not. The world would be boring if we did. Focus on finding what works for you & figure out a way to get that to pay rather than going after what you think pays the most, cos chances are, if you are not
excellent or unique enough, you might just slip through the cracks. Dare to do what you’re great at/passionate about. You’re more likely to succeed that way.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Edna Jennifer

Edna Jennifer Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @JE_dna

Sep 17, 2022
How to save money as an international student in the UK

If you just moved to the UK as a student/worker, here are some tips on how you can save some money

Please share this thread with someone who needs it.

Student discounts, student discounts, STUDENT DISCOUNTS. If you’re a
student & you go for an outing or to a cinema, be sure to ask if there are student discounts. Most places that offer student discounts would usually ask you if you’re a student if they think you look like a student, but if they don’t, feel free to ask

If you’re in London & you
use the public transport system: i.e. bus, tube, train, tram; get the Oyster card student discount. You can save up to 30% per month on transportation from this. Google “oyster card student discount”, and you’ll find all the steps to register on the TfL website

Charity shops
Read 24 tweets
Jan 14, 2021
It seems like every generation falls into the trap of pushing everybody in the following generation into what is seen to be the most profitable/highest paying careers in their generation.

In our parents' generation, the emphasis was on going to college/university to study
usually, medicine, law or engineering.

This was because, at the very least, anyone with a university education in their generation was guaranteed a ticket out of poverty.

What parents do not get (and this generation seems not to have learnt) is the fact that if more people move
into a certain profession, the profession cannot be high paying for everyone

The reason why most people with a college education in the 80s/90s were guaranteed at minimum a good middle-class life was because the supply of people with the same skill level was not large. Since the
Read 8 tweets
Jan 8, 2021
Q: How do you know when to sell your investment in fast growing assets like Tesla $TSLA or Bitcoin $BTC or Ethereum $ETH

A: You don’t KNOW, no one does

The only ways to KNOW are:

1. Have a time machine
2. Have access to insider information about what’ll happen in the future
Seeing as most of us have neither 1 nor 2, here’s what you can do.

One of 2 things is sure, you could sell today and the price would go up significantly and you’d regret it. Or you could sell today and the price would drop significantly and you’d thank your stars. With fast
growing assets, both things have a fairly good chance of happening in the nearest future.

So you cannot make the decision based on what you think would happen in the future because you just don’t know.

You have to make the decision based on where you are RIGHT NOW. You have to
Read 7 tweets
Jan 7, 2021
You usually hear:

“A $1,000 investment in Apple stock in 2010, would be worth $15,000+ today
$1,000 worth of Bitcoin $BTC at the start of 2016, is worth $70,000+ today”

What you don't hear is

“$1,000 invested in Cisco in March 2000, excluding dividends, was worth $200 in 2011
If you had invested $1,000 in Ripple $XRP in December 2017, you would have about $100 today”

What does this mean?

There is a huge survival bias when we talk about investments. Survivorship bias/survivor bias is simply the tendency to focus on things that did great and forget
those that did horribly.

For every exceptionally profitable investment you could have made in the past, there are disastrous ones you could have made. You never really KNOW which investments will be the biggest winners or losers in the future when you’re living in the moment.
Read 6 tweets
Jan 6, 2021
It's great that more people are becoming aware of the importance of investing BUT, as we seek out more investment opportunities, you should know that unlike Shrek, all that glitters is not gold. Not all good looking investment opportunities are safe and legit.
 
You should also
know that an investment opportunity doesn't have to be a Ponzi scheme for you to run away from it.
 
Most of the investment opportunities available in the Nigerian Fintech space are 3rd party investment.
 
The way 3rd party investment works is: a company gets money from investors
to create value which can be in the form of a business (e.g. fish farm, real estate etc.). After a certain period, that business should generate profit and the company then pays investors their capital plus a share of that profit as returns.
 
It becomes a problem when the
Read 24 tweets
Jan 4, 2021
Bitcoin recently hit $34,000 yesterday when as recent as October 10th, it was $11,000

Here’s some unsolicited advice: If you feel you have “bad luck” with investing; i.e. you feel that “if you buy Bitcoin today, the price of Bitcoin will drop”; don’t buy in.

Here’s why I say so
I try to never categorically give financial advice because I’d rather show people how I’d make decisions if I were in their shoes and I like (prefer) people to think for themselves and consciously make decisions they feel is best for them or decisions they can live with and not
just go off what some random person on the internet says BUT I’ll make an exception this time and tell you this, if you think you have bad luck with investing, don’t buy in. Here’s why:

People that feel they have bad luck with investing often have 3 things in common:

1. Fear:
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(