Robert Frost

If you are aware that 'black swan' events are not so unusual, you can plan if such an event happens. That is the benefit of a high savings rate - it is easier to overcome an unexpected obstacle.

But there are limits. If you lose a house to a wildfire, then you're not relying on short-term savings to recover but on the insurance company providing you with the coverage you paid for. However, pessimism gives you an awareness that bad things happen.

Pessimism has its limits. When it comes to investing in your future, you should be an optimist. If people try to get better at solving the recessions, panics, and wars, the long-term odds are in an economy's favor.

For investing, it means that as long as you're moving forward by seeking solutions, your initial investment will grow as well as the other investments you continue to put into the market.

When we use words and phrases like:

• ‘I Think..’
• ‘This is just a suggestion/idea, but..’
• ‘Like, you know..’...

... we end up downplaying our own ideas. We need to be more assertive and speak with conviction.

By speaking clearly and maintaining eye contact, we can use words to hypnotize the audience.

Even our pauses in between our words can be used to gather our thoughts and make the listeners reflect on what you have just said.