1. We are not the center of everyone's life
We are the center of our life. Just as people as the center of theirs.
Our lives intersect. They do not rule over each other!
Hack #1
Automate your savings
If we have money in the bank, we tend to spend it.
So move money out of your bank account.
For ex:
- Sign up for as much EPF deduction as you can, so it never even reaches you, but continues to compound.
- SIPs (and don't stop them!)
Beginner's guide to stock market investing.
A thread...
In this thread I will cover:
1. Difference between investing and trading
2. Prerequisites for stock market investing
3. Understanding your risk profile
4. Where to invest basis your risk profile
5. Risks involved
Yesterday, in response to a question, I shared my morning routine on Twitter.
Post that I got a lot of DMs about it. Questions on how to build it, how does it work, why does it look so regimented etc.
I try and answer some questions in this thread.
twitter.com/warikoo/status/1516993274447237120?s=20&t=dQUH29pMwXEgm0skINBaLw
If you toss a coin, the chances that it will land on heads/tails is 50%.
Let's call that luck.
We do not control it.
We can only observe it.
So it may seem that we can't do anything to do to influence it.
That's partly true.
We have a Google Drive folder in the team with 3 sub-folders:
1. Hate
2. Life changing
3. Funny
I told my team, if there is any day you feel like god's gift to mankind, go to the hate folder.
Here is what it has...