I must warn you, what follows, was totally unacceptable for me for years. Mainly for one reason, I didn’t understand why. It’s writing down your goals with specific deadlines, writing down your goals like you have already achieved it all. And then rewriting them twice a day, or even if not rewriting them then at least reading them again twice a day with thought.
Why? You’re a 9-5 worker or you’re not doing very well. It’s very hard to imagine and actually start believing that you can earn a ...
read moreThe lower the risk, the lower the possible outcome.
The old saying that you should only bet what you can afford to lose is wrong. Unless what you can afford to lose is something big, maybe 100% of your fortune? Okay, that’s usually too much but I hope you get the idea. The thing is that usually the amount you can afford to lose is too little to do you any good even if you manage to doubble or even tripple it. You play on stockmarkets with 100 bucks, you win 100 bucks extra. Did it really mak...
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