The habit of investing more - Deepstash

The habit of investing more

Consistent investing is essential. Investing as a habit will pay off in the long run.

It is most important to start with earning more, then saving more, then investing. People want to skip the first two steps and day-trade themselves to wealth, but most will only lose money by chasing quick money-making schemes. In the end, building wealth boils down to good habits.

415

2.44K reads

CURATED FROM

IDEAS CURATED BY

verra_

"Many people are in the dark when it comes to money, and I'm going to turn on the lights. " ~ Suze Orman

The idea is part of this collection:

How To Have a Good Night

Learn more about moneyandinvestments with this collection

Improving sleep through mindful breathing exercises

Practicing stress reduction and relaxation techniques

Establishing a relaxing bedtime routine

Related collections

Similar ideas to The habit of investing more

Earning more

Earning more

Though earning more is obviously about making money, it's not a quick process or straightforward process. Most of the time a person who is on a long journey for wealth will need to spend time for knowledge.

Learn more to earn more - Darius Foroux

Also earnin...

The habit of earning more

It is natural to earn more over your lifetime. But a person can only earn more if they learn more. Further education enables an individual to provide more value.

Earning more is like a habit. Every year, we learn new skills and ways that will increase our ...

The habit of saving more

The key to the habit of saving is to save a bigger percentage the more you earn. When you start, you may only be able to save 10% of your income, but it is a mistake to commit to the same amount if you earn more.

However, it's a losing game to only focus on saving money. L...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates