Five types of people in Dubai right now:
• Driving to Oman to exit UAE
• Scanning for distress deals on apartments
• Negotiating 50% discounts on commercial real estate
• Defending anti-Dubai memes on Twitter
• Completely unbothered, busy with golf, padel, and Pilates classes.
A young entrepreneur in his mid-20s just emailed me asking for some $$$ advice.
He just sold a business and ended up with a couple million in liquid cash. He wanted to know if he should invest it, use it to build a new company, or do something else with it.
My advice wasn't what he was expecting.
I just said don't lose it. Do nothing with it. Put it in the bank. Something safe, earning a little, but not too much that it's at risk.
Money doesn't need to work. It can rest. Leave it be. You're 26 — you can get back to work.
A couple million liquid cash is a huge haul. Maintain! Don't lose. Always have that. And add more to that safe pile as you go. That's yours now. Keep it that way.
A young entrepreneur in his mid-20s just emailed me asking for some $$$ advice.
He just sold a business and ended up with a couple million in liquid cash. He wanted to know if he should invest it, use it to build a new company, or do something else with it.
My advice wasn't what he was expecting.
I just said don't lose it. Do nothing with it. Put it in the bank. Something safe, earning a little, but not too much that it's at risk.
Money doesn't need to work. It can rest. Leave it be. You're 26 — you can get back to work.
A couple million liquid cash is a huge haul. Maintain! Don't lose. Always have that. And add more to that safe pile as you go. That's yours now. Keep it that way.
The interest rate for most checking accounts is 0% in Canada. That makes zero sense.
So, from today, all Canadians can earn 4.1% uncapped rewards on USDC on Coinbase, and up to 4.5% with Coinbase One.🇨🇦
Underrated social skill: Activation energy. The common social protocol is to walk into a room and mirror everyone's energy. My favourite people come in like an energy wrecking ball and set the tone of the whole room. Surprisingly easy to do because everyone has mirror neurons.