"Planning is important, but the most important part of every plan is to plan on the plan not going according to plan.
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Key Lesson from "Psychology of money" written by Morgan Housel
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The most important part of every plan is planning on your plan, not going according to plan.
Have room for error when estimating your future returns. For his own investments, Housel assumes the future returns he’ll earn in his lifetime will be ⅓ lower than the historic aver...
The most important thing in accomplishing something is to start. Failing is part of it, but in starting, just like the snowball going down a mountain, you get bigger due to the experiences you gain.
So, stop planning. Just do it.
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