A year from today, if I can hold and not fold, or give up.
I will come back to this tweet, way better, than I have been in the last few years of struggling.
I hope to see this tweet next year, and I hope I eventually Win ๐
@soma___chi That's why I laugh always when most ladies go say I married him, you married who, woman dey marry man ๐
Na man dey marry woman, not the other way around.
That's what played here.
You just made your first $1M. Your brain immediately jumps to the bigger house, the nicer car, that business idea youโve been itching to execute.
Resist all of it, that instinct is exactly why most people who come into money are broke again within a few years.
The move nobody teaches you: do nothing.
Let it sit. Donโt deploy it, donโt try to flip it, donโt show it off. Park it somewhere safe that pays you while you think. Lock it into a 2โ3 month yield-bearing instrument e.g T-bills, low-risk positions, safe and battle-tested protocols.
Youโre not trying to get rich off it; youโre already there. Youโre buying yourself time to think clearly and getting paid to do it.
Run the numbers. $1M at just 5% APR:
โ $50,000 a year โ $4,167 a month โ $137 a day
Every day you wake up, $137 landed in your account. You didnโt touch your principal. You didnโt lift a finger, and if that 5% compounds daily, youโre closer to $51,200 a year, the money starts making money on the money.
So before you spend a single dollar or naira, ask yourself one question: can this purchase pay for itself from the interest alone? If yes, youโve earned it. If no, youโre eating your seed.
Anyone can GET money. Keeping it is a different skill entirely and it starts with the discipline to sit still while everyone expects you to splurge.
Sometimes parking it and letting it pay you is the best play ever. This is from experience, donโt joke with your once-in-a-lifetime SEED when it comes your way.
@instablog9ja If you don't stand your ground in some wedding & you allow inferiority complex to override you, you will spend beyond your limit. After wedding you will be the one to count your losses.