Simon Quayson

Financial Freedom Evangelist • Author of Iron Habits of Financial Freedom • Serial Optimist at @FinancialFSage F.I.R.E blog • Half-Marathon Specialist

[Simon Quayson @MeetQuayson]

Every problem is a gift—without problems we would not grow.

– Anthony Robbins

[Patrick Bet-David @patrickbetdavid]

The moment you make a decision to raise your standards, be prepared to have your circle get smaller at first.

What comes next is NEW relationships who share your high standards.

The positive peer pressure can be magical if you choose the right NEW relationships.

[Simon Quayson @MeetQuayson]

Invest in small companies that are already profitable and have proven that their concept can be replicated.

Be suspicious of companies with growth rates of 50% to 100% a year.

- Peter Lynch

[Financial Freedom Sage @FinancialFSage]

9 years of opportunities for the defensive intelligent investor to buy the haystack at a discount.

Volatility spells doom for undiversified investors - when they could embrace it to vulturize their portfolio strategy.

[Financial Freedom Sage @FinancialFSage]

The Emergency Fund: What They Didn't Tell You About Rainy-Day Funds https://t.co/h8Zaz0548i

[Financial Freedom Sage @FinancialFSage]

“Save for a rainy day.” – Aesop

An emergency fund could be painful to build. It's one of those financial goals that require sacrifice.

In the long run, pays you dividends from an asset that you've built.

Keep on saving.

#EmergencyFund

[Simon Quayson @MeetQuayson]

@AlexHormozi 3X value sounds reasonable.

Bump it up to 7X to get the world's attention.

[Simon Quayson @MeetQuayson]

@InvestingCanons True indeed.

The Investor today throws in the line and hopes for a big catch.

You could also cast a net and get a bunch of fish of different types and sizes.

Your WHY should be factored into your diversification.

[Alex Hormozi @AlexHormozi]

Consistent people beat inconsistent people - which is everyone.

[Financial Freedom Sage @FinancialFSage]

“Most of the returns in stocks are concentrated in sharp bursts beginning in periods of great pessimism or fear,

as we saw most recently in the 2020 pandemic decline. We believe time, not timing, is key to building wealth in the stock market.”

- Bill Miller

[Simon Quayson @MeetQuayson]

No one can see a bubble. That's what makes it a bubble.

[Simon Quayson @MeetQuayson]

“It’s not how much money you make, but how much money you keep,

how hard it works for you, and how many generations you keep it for.”

—Robert Kiyosaki

[Financial Freedom Sage @FinancialFSage]

I've read over a 100 books about money. It doesn't mean I'm even close to being called an expert in anything.

But the best book I've ever read about getting rich slow is:

The Richest Man In Babylon

And the book that helps you get there faster is:

The Millionaire Fastlane.

[Alex Hormozi @AlexHormozi]

How to become an expert:

Do more repetitions than anyone else in a narrow field.

[Financial Freedom Sage @FinancialFSage]

"I believe that the power to make money is a gift from God."

- John D. Rockefeller (Deuteronomy 8:18)

[Alex Hormozi @AlexHormozi]

First, you look like an idiot to everyone else while you try to figure it out.

Then, everyone else look like idiots for ever doubting you would.

Seasons.

[Simon Quayson @MeetQuayson]

"Go for a business that any idiot can run – because sooner or later, any idiot probably is going to be running it."

- Peter Lynch

[Financial Freedom Sage @FinancialFSage]

“Do not judge me by my successes, judge me by how many times I fell down and got back up again.” 

- Mandela

[Simon Quayson @MeetQuayson]

"Look for people who have lots of great questions.

Smart people are the ones who ask the most thoughtful questions, as opposed to thinking they have all the answers.

Great questions are a much better indicator of future success than great answers."

- Ray Dalio