Be nicer and less flashy - Deepstash
How to Start Investing Today

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How to manage risk

How to analyze investment opportunities

The importance of long-term planning

How to Start Investing Today

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Be nicer and less flashy

No one is impressed with your possessions as much as you are. You might think that you want a fancy car or a watch, but what you probably want is respect and admiration. And you're more likely to gain those things through kindness and humility than horsepower or chrome.

212

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Less Ego, More Wealth

Saving money is the gap between your ego and your income, and wealth is what you don't see. So Wealth is created by suppressing what you could buy today in order to more stuff or more options in the future.

222

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Become OK with things going wrong.

You can be wrong half the time and still make a fortune, because a small minority of things accounts for the majority of outcomes. It is fine to have a large chunk of poor investments and a few outstanding ones.

190

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Increase Your Time Horizon

Time is the most powerful force in investing. It makes little things grow and big mistakes fade away. It can't neutralize luck and risk, but it pushes results closer towards what people deserve.

183

1.69K reads

Manage your money in a way that helps you sleep at night.

Some people won't sleep well unless they are earning the highest returns; others will only get a good rest if they're conservatively invested. To each their own.

188

2.02K reads

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People tend to want wealth to signal to others that they want to be liked and admired. But in reality, those other people often bypass admiring you, not because they don’t think wealth is admirable, but because t...

BE PATIENT... RELAX

BE PATIENT... RELAX

You are young. There are things we want in life; relationships, money, a sweet car, etc.

Be patient, live the process of growing up and working because you will eventually get there. 

As young people, you are full of energy, you want to take over, be the leader, etc. 

STOP, tak...

Live And Flourish

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Only say what is important, do not try to explain to others how much you know or how much you have accomplished. Show them through your actions and work towards not been affected by their opinion.

A happy person who has something that you lack will never show it off. Hu...

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