I used to be impressed by:
• Money
• Status
• Degrees
• Job titles
• Fast sports cars
Now, I am impressed by:
• Skills
• Freedom
• Job creation
• Time control
• Fast retirement
What are you impressed by?
Investing is risky
Side effects include:
• Peace of mind
• Passive income
• Early retirement
• Freedom of choice
• Control of your time
Ask your doctor if investing is right for you
Bill Hwang went from $200 million to $30 billion and then lost it all in two days
Here's what you need to know and how to avoid a similar fate
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What people see
• Used car
• Small house
• Frugal lifestyle
• Off-brand clothes
What they don't see
• Peace of mind
• Passive income
• Freedom of time
• Freedom of choice
True wealth is invisible
Don't follow your passion
Find something you:
• Can make a lot of money from
• Can provide value
• Are good at
Once you achieve financial freedom, follow your passion
You won't succeed in your passion with an empty stomach
Tips for beginner investors
• Cut your loses
• Start with index funds
• Set your financial goals
• Invest for the long term
• Diversify your investments
• Double down on your winners
• Invest in what you understand
• Check fees and expenses ratios
What would you add?
Basic financial principles everyone needs to know
• Budgeting
• Accounting
• The 4% Rule
• Diversification
• The Rule of 72
• Compound interest
• Index fund investing
What would you add?