The US debt outlook is fragile. Bloomberg Economics ran a million forecast simulations. Results for 88% of them show borrowing on an unsustainable path https://t.co/ZElY1xKbBd via @economics
The UK economy slipped into a technical recession in the second half of last year. Here's what that means and why it matters https://t.co/sW9uw2d4Fm via @economics
Tucker Carlson’s Putin interview gave Russian leader a platform to boost his own cause – and that of Donald Trump https://t.co/uBNOAmEhZI via @ConversationUK
The ECB’s new outlook for inflation and economic growth, due in March, will be pivotal for deciding when to start cutting rates, Pablo Hernandez de Cos says https://t.co/QV4b5bDOgr via @economics
Is the UK in a recession or just stagnating? GDP data due Thursday will decide, capping a pivotal week for markets and politics https://t.co/wEKiX9SPLD via @economics
You cannot be successful in investing without:
The 3 P's:
- Patience
- Passion
- Process
Patience is critical because the link between effort and outcome is not linear.
You must be willing to sit on your hands and let certain things unfold.
Passion is essential.
If you are getting into investing for the monetary outcome.
GET OUT!
There will be people willing to work harder and longer than you because they have a passion for investing.
Lastly, without a process, you cannot get results.
If you have a process you can rely on, then you put yourself in a position to succeed.