The “Water Mindset”
Taking a cue from Bruce Lee’s famous quote ‘Be Water’, we must adopt a water mindset and adapt to our body and physiology: our best hour of the day could be any hour of the day, as long as it is according to you. Give yourself the best hour of the day.
All of us cannot wake up and join the 5 AM Club as our bodies are different and each morning isn’t the same.
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*Just like compound interest multiples one’s savings, improving one’s mind daily, during the best hour of the day, multiplies one’s mental compounding interest.
This ‘mental’ compounding interest advice comes from investor Charlie Munger, in his book University of Berkshire Hathaway.
Is a myth you can only invest if you have lots of money. Investing is not a goal, activity, or task, it’s a habit. It’s something you do regularly, just like you work out, meditate, read or anything else that takes time to yield results.
ex: If you invest $500/mo in the S&P500 (an index of the largest US companies) you will get to $1M in 35 years. The S&P500 grows 8% a year on average and it compounds over time.
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