A thread of all my best threads on personal finance & Investing.
This is a masterclass on personal finance on it's own.
You can bookmark for later or share with your friends.
My mentor said to me, there are three keys to unlocking the life of your dreams:
Stay low. (I haven’t got down to this one yet)
Stay humble.
Stay curious.
How many of these do you think you have mastered?
Lesson from #Formula1
VT
#vusithembekwayo#vusi
One of the biggest #trading mistakes: Doing something!
So many #traders destroy their strategy and kill potential big winners, because they can't sit on their hadns and do nothing.
Lazy traders are often #successful traders.
Stay very far away from SHYLOCKS and Predatory lenders.
Shylocks will devour your dreams and stunt your potential.
You will become a slave to their demands and a prisoner of your money.
If you cannot afford something, despise it or save money to buy it.
#BetterTogether
True, Kuroda didn't widen the trading band for 10-year Japanese government bonds.
But Kuroda is a lame duck now, and markets will instead focus on wages, core inflation and the new BoJ governor.
Now, Japan matters greatly for global macro and markets...
12/
Trade only if you have an edge. Being out of the market, stop trading and waiting until your edge comes back is the key. You don't have to make money all the time. Traders are not paid by the hours they work! They are paid by making the right decisions.
There is nothing as liberating as freeing yourself from the burden of other peoples expectations of you.
Not peoples hopes FOR you. But their expectations OF you.
Free yourself.
Obligations are a prison.
VT