Learn more about moneyandinvestments with this collection
The importance of perseverance
How to embrace failure as a learning opportunity
The power of innovation and creativity
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Discipline
Self-made millionaires choose moderation over extremes. They often buy used cars, don't live in the most expensive houses and don't try to time the investment market.
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Hard Work
A defining characteristic of many millionaires are their willingness to work hard and stick it out in high-paying careers until they are financially independent.
637
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Time Management
Self-made millionaires create a personal vision, set goals and actively pursue those goals. They allocate their time, energy and resources effectively.
Even if they hire an outside financial adviser, they still monitor the budget to ensure the investment portfolio matches the level o...
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"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman
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Time Management
Self-made millionaires create a personal vision, set goals and actively pursue those goals. They allocate their time, energy and resources effectively.
Even if they hire an outside financial adviser, they still monitor the budget to ensure the investment portfolio matches the level o...
The wealthy
Most rich people do not flaunt their wealth: They don't live in high-class neighborhoods or drive expensive cars. They look like you and me.
The rich have a net worth of above $1 million. Most rich people got wealthy through a simple combination of earning an income,
Passive Investing
- To ensure the highest margin of safety, choose an investment that gives consistent returns.
- The most conservative investor will avoid short-term market volatility by investing in assets over the
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