parash.eth

F&F geek(📈💵&🧘) |Content Creator(📝📖) | I ✍️👁Crypto | Follow⏩ | Ex-Consultant| Co-founder

[parash.eth @simplyparash]

@lexfridman @MrBeast @lexfridman I believe you already won . Now the smart people will like this reply as the probability is more here to get the reward than the one in @MrBeast post .

[parash.eth @simplyparash]

@thejustinwelsh Biggest challenge : a differentiator statement of yourself .

[parash.eth @simplyparash]

@ModestMitkus 👋

[parash.eth @simplyparash]

@rashmisparks I believe the problem for most people lies in time and skill. These two are directly proportional.

You don’t have money , so you have to work 9-6 . You don’t have money , so you can’t buy courses to skill up.

Breaking this loop is difficult.

[parash.eth @simplyparash]

2. Your lifestyle and income are not in sync. When it happens, you spend too much on things you are not supposed to, and ended up with nothing to save.

The fix is: Start recording your expenses daily and see which are discretionary expenses that you can avoid
#personalfinance

[parash.eth @simplyparash]

A thread 🧵 on Money management:

If you are not able to save anything for investment at the start of the month, it is concerning and needs an immediate fix. Well, it could be due to two reasons, most probably.

[parash.eth @simplyparash]

1. Your income is low to maintain your current living expenses. Your expenses are very basic in nature, and yet you cannot save. It is most likely a signal that income is low when compared to the current cost of living.

The fix is: Get a better income job
#money #finance

[parash.eth @simplyparash]

@rashmisparks @booksamillion Weekends

[parash.eth @simplyparash]

@rashmisparks That would be great

[parash.eth @simplyparash]

Check out the latest article in my newsletter: Is there any safer way to invest a lumpsum amount other than Fixed Deposit? https://t.co/K4Bqpo6vxi via @LinkedIn

[parash.eth @simplyparash]

@ModestMitkus 👋

[parash.eth @simplyparash]

@ModestMitkus @NotionHQ 👋

[parash.eth @simplyparash]

@ModestMitkus @NotionHQ 👋

[Leon Fu @leoncfu]

It’s silly to call people out for making bad calls, especially in crypto. I have an entire spreadsheet of coins that went to zero, just like LUNA. We ASSUME every coin we buy can goto zero, because 95% of them eventually do. We size our position and take profits accordingly.

[Wes Kao 🏛 @wes_kao]

“Being a generalist” is harder than it sounds.

The best generalists are actually mini experts in a bunch of areas.

11 disciplines to become a sharper operator:

[parash.eth @simplyparash]

@investanswers Yeah, looks like. We cannot ignore the possibility . I am also wondering if we can somehow club copper and CAPE/ mcap to see the market sentiment and valuation to some extent . I believe it has a correlation .

[parash.eth @simplyparash]

This $250 is just 12.5% of your income; however, it is 50% of your saving. Now that you have saved $750, you have increased your savings by 50% per month by just cutting down your expenses by $250.

[parash.eth @simplyparash]

A thread on saving:

When you take charge of your expenses, your savings have the potential to increase. This fact seems so obvious, but this is the core of investment. Let me illustrate this to you with an example.
#tweet100 #finance #investing #MONEY #savings #inflation

[parash.eth @simplyparash]

Suppose your monthly income is $2000 and your monthly expenditures are $1500. Thus your saving per month is $500. Imagine you cut down the expenses by $250.