So nice to see some positivity out here. It’s wild how quickly money changes people’s moods. Fear one day, euphoria the next. In that emotional swing lies the real work and learning. Master your emotions, or the market will master them for you.
Unpopular opinion, but once you're making over a couple hundred k a year, you should not hire a financial advisor; you should hire a tax advisor. Legally reducing what you owe the IRS every year will almost certainly make you more money long term than whatever index funds your financial advisor is putting you in.
See people as facts of nature.
They come in all varieties, like flowers or rocks.
There are fools and saints and sociopaths and egomaniacs and noble warriors; there are the sensitive and insensitive.
They all play a role in our social ecology.
US National Debt just hit $40 Trillion
It took us 90 days to add another trillion from $39T
From $38T to $39T in 210 days.
The more debt we have, the less valuable your money becomes, a.k.a. the higher cost of living
The system is making you poorer, by design
The ultimate flex is having the time & money to do whatever you want + the health to actually enjoy and the family and friends to do it with, everything else is a distraction
Beware of the story you tell yourself.
The story we tell ourselves is the most powerful one in the world.
Eventually, we start believing it, even when it’s not true.
While a positive story by itself won’t guarantee a good outcome, a negative one will certainly prevent it from happening.
“If an idiot were to tell you the same story every day for a year, you would end by believing it.” — Horace Mann, h/t @shaneparrish
A major advantage in life: Refusing to count yourself out. You can lose momentum. Make mistakes. Take the wrong path. Start late. None of it matters as much as your willingness to begin again. Never underestimate the power of deciding you are done living beneath your potential.
Major cheat code for life: Tolerance for boredom. If you need constant novelty, you won't make it very far. Success isn't flashy. It's built through long periods of extremely disciplined, boring routines. To shine in the light, you have to embrace the boring work in the dark.
Every goal has a price. If you want more, be willing to sacrifice more. If you're not willing to pay that price, lower your expectations and find peace with less. Most frustration comes from wanting a life you haven't committed to earning. Either increase your sacrifice or reduce your desire—but make sure your actions and expectations match.