First steps of investing - selfishness
Hi,
I will continue with my ideas for the investment starter. I'm not a professional and my articles shall be taken as they are, they are not investment advise as it can go wrong for you from different aspects that I'm not aware.
One important thing that is crucial in investing is to be so called selfish. I know this word has a bad connotation, but it shouldn't as it is not as bad as it is said to be.
By being selfish I mean that you need to concentrate on your stuff and purpose. Don't chase the dreams of others, chase yours.
I'm an employee and sadly a real good one with high achievements, but by being a full time employee with high focus on work you are chasing the dreams of others. I'm in a mindset change to brake a little at work and focus more on my targets and projects.
Nobody is going to build you a statue if you spend 12 hours in an office doing more work than you need to do. The return on this is very low. Cut the extra time and invest it in yourself so that you can get stuff done, your stuff. This is crucial for your development.
I know we are brainwashed to think here different, and it is our choice not to. We hear from where we are born, go study, get a nice job, save, retire and die. Is this all? Maybe I don't want to retire at 65-70, maybe I want to retire at 40, but to be able to retire at 40 you need to do something different than all others.
So, be selfish, focus on your dreams and set priorities right.
So much truth in this. While I enjoyed my work, it was nice to be able to stop doing the grind.
Finding a balance is a great compromise, work hard to build up and learn.. Then take your knowledge and finacial security and use it as a base to build your own dreams.
Balance, that would be a good word choice. All has to do with it, even if we struggle more balancing.
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