Getting Wealth v/s Staying Wealthy - Deepstash
Getting Wealth v/s Staying Wealthy

Getting Wealth v/s Staying Wealthy

Good investing isn't about making good decisions it's about consistently not screwing up.

The ability to stay around for a long time without wiping out or being forced to give up is what makes the biggest difference.

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ideallyadarsh

An ordinary boy who is indiscriminately passionate about many things, develops the frontend of websites, a graphics designer, a bibliophile, Loves to learn and grow, and write. | In search of infinity!

This book is one of the best books for the financial knowledge you'll read among the others. Get to know the real Psychology of Money by reading this.

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Getting Wealthy vs. Staying Wealthy

Getting Wealthy vs. Staying Wealthy

Good investing is not about making good decisions. It’s about consistently not screwing up. There are a million ways to get wealthy. The only way to stay wealthy is some combination of frugality and paranoia.

  • Money success in a single word: survival. The ability to sti...

Investment Related

Investment Related

  • Have a six month emergency fund and save 10% of your salary.
  • The ability to stick around for a long time, without wiping or being forced to give up is what makes the biggest difference.
  • Your success as an investor will be determined by how you respond to punctuated moments of...

Behavior change: techniques to try

  • If you are putting off a difficult conversation, identify what makes you feel really good, and do that when you get a moment. Doing so will remind you that you worth caring about. When you feel good, you feel more capable of doing the hard thing.
  • Instead of "dump t...

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