He amassed 521 Runs, facing a total of 1258 Deliveries in 7 innings With his monk like calmness while batting he has frustrated the opposition bowlers
What do you think is the corpus required so that it can end you for time immortal at a particular withdrawal rate.
Once you own a piece of Real Estate you tend to look at it differently, it has some sort of emotional connect, there are biases which creep in, the most common bias is the ownership bias. Once you own it, you are not able to make decision which are favorable for your well being. You tend to give more importance to the piece of real estate and its use rather than ease of life.
What is more important to you financial independence or a piece of real estate which gives you sense of security but is delaying your Financial Independence
Financial Independence itself should not be your ultimate goal, it should lead you to some higher purpose which you always wanted to pursue but could not due to Money.
I learned a great lesson after creating a portfolio of well diversified stocks you have to do nothing. Yes repeat with me DO NOTHING.
Find out which stage of Financial Independence you are in and focus your effort on moving to the next stage
An investment in a good fund or PMS ought to be thought of as a generational investment, i.e something you do not ever touch (except add or pour excess savings into) and pass on to your children
Poker is game of Odds and probability so is investing in Stocks. It teaches you to be patient to wait for the right cards. You need to evaluate the odds of you winning with addition of every new cards in form of community cards. It teaches about allocation of resources on basis of Odds and Probability.
There are uncertain times going on wrt to the Corona Virus and markets are reacting to every negative news and positives are discounted. Last week markets corrected by 10% + the speed and volatility are one of the highest we have seen. My close group of investors friends has a trader friend, will not call … Continue reading This Too Shall Pass
The motivation behind the Ubuntu culture in Africa ...