A Stoic Way To Invest Your Money - Deepstash

A Stoic Way To Invest Your Money

First manage the money you do have, then use your money to generate more money. You don't need to think about investing until you're out of debt and have multiple ways of generating income.

  • Use the 90/10 rule, where only 10% is used on speculation.
  • Find the type of investment that best fits your personality. Some people will invest in commercial real estate, while others prefer index funds and bonds.

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"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." ~ Warren Buffett

The idea is part of this collection:

Behavioral Economics, Explained

Learn more about moneyandinvestments with this collection

How to make rational decisions

The role of biases in decision-making

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