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How to create a diversified portfolio
How to analyze stocks and bonds
Understanding the basics of investing
The profits generated by your assets should be re-invested in new ones.
60
911 reads
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Learning can increase your knowledge and equip you with unique talents to help you advance in your career.
64
1.08K reads
There are clever methods to break free from the painful cycle of working for others your entire life while failing to preserve anything.
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1.25K reads
Rich people are taught from an early age that wealth is earned by LEVERAGE rather than hard effort. They put their money into investment entities, which handle all of the "labour."
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1.02K reads
"Money without financial literacy is no money"
Making money and keeping money are two different things. Never confuse the two . Remember the athlete who made millions at 24 but ended up sleeping under a bridge ten years later?
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1.01K reads
"An asset is something that puts money in your pocket and a liability is something that takes money out of your pocket,"
Rich people acquire assets (securities and investments) and poor people add liabilities (commitments and obligations).
This is the most significant distinction that...
65
918 reads
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Reading is a fundamental step when attempting to improve your personal finances.
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Automation will do away with most existing jobs but it will also create new ones. Retraining in a massive scale will be necessary.
In particular, manual laborers are at risk of unemployment in the absence of retraining, as the new jobs will be in more specialized areas. Govern...
Random questions should be avoided, and a hierarchy should be built that follows general questions with specific ones while asking only one thing at a time.
It helps to use the new information that you get from an answer to frame your next question, creating a natural flow.
Once you have your capital, invest 50% of it into bonds or an index fund (depending on market conditions) while the other 50% to be invested on individual stocks.
However, when investing on individual stocks make sure of the ff:
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