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Showing posts with the label Lessons

10 Crucial Lessons from Rich Dad Poor Dad That Will Change the Way You Think About Wealth

10 Crucial Lessons from Rich Dad Poor Dad That Will Change the Way You Think About Wealth Rich Dad Poor Dad is a timeless finance/mindset book by Robert Kiyosaki.  It shows you how to look at life and money differently beyond the traditional employee mindset. Here are some unforgettable lessons from the book. 1. Most people work for money. The rich have money work for them. 2. Learn about the world through real world experience, not just lectures or books. 3. Rich people and poor people have VERY different ideas about wealth. 4. It's not what you make that matters. It's what you keep. 5. Being able to see opportunities and solving them is how you get rich.       Not by following the same old formula of getting a job and working for 40 years. 7. Owning investment real estate is a great way to make money. You usually don't make much money           from your primary home. 8. Working your whole life for someone else can lead to a life ...

20 Brilliant Lessons From Charlie Munger That You Don't Wanna Miss

20 Brilliant Lessons From Charlie Munger That You Don't Wanna Miss 1. "To get what you want, you have to deserve what you want. The world is not yet a crazy enough                place to reward a whole bunch of undeserving people."        - Charlie Munger 2. "The best thing a human being can do is to help another human being know more."      - Charlie Munger 3. "Always take the high road, it’s far less crowded."      - Charlie Munger 4. "Take a simple idea and take it seriously."      - Charlie Munger 5. "Like Warren, I had a considerable passion to get rich, not because I wanted Ferraris – I wanted                independence. I desperately wanted it."      - Charlie Munger 6. "Not everybody can learn everything. No matter how hard you try, there is always some guy or girl           who a...

100 Lessons I Wish I’d Learned in School

100 Lessons I Wish I’d Learned in School 1. Happiness is a choice. 2. Always have a space to love yourself. 3. Never do things half-heartedly. 4. Do not take time, effort, love, and people for granted. 5. Learn to appreciate the smallest acts of kindness. 6. Your worst day will only last for 24 hours, so get over it. 7. 99% of the situation depends on how you will react to it. 8. Listening to your favorite songs are therapy. 9. Do not settle for half loves and half attention. You’re worth more. 10. Let go of toxic people. 11. Believe that you can—you are your greatest motivator. 12. Sometimes trusting your intuition leads you right. 13. Some words are better left unsaid. 14. You will learn the most about love from the people who did not love you back. 15. As we grow, we finally understood that life is so much better when the reason for us to cry was just broken crayons and pencils. 16. Forgiveness is the ultimate solution for you to move on. 17. Courage is sometimes as simple as gettin...

11 Critical Lessons from the Book "The Intelligent Investor"

1. Buy At Market Lows The best time to buy stocks is when the prices are low. Markets declined by 20% in March 2020. Instead of: - Selling - Going to cash You should: - Buy By the end of 2020, the markets rose by about 68%. Control your emotions before they control you. 2. Understand your Investor Type 2 Investor Types: - Active   - Defensive Active investors evaluate their stock performance and place trades (often daily) to optimize their portfolios. Defensive investors detach themselves from market volatility and look to the long-term. 3. Don't Pay too much Attention to the Market The market is: - Volatile - Irrational - Unpredictable You'll preserve your sanity if you stop checking the market every hour.  Focus on the long-term instead of the daily market fluctuations. 4. Don't Blindly Invest in Sexy Stocks Experts may say to buy the "hottest" stocks for "astronomical" profits. Don't.  Do your homework to: - Remove emotions - Understand the financ...

20 Powerful Lessons From "Aristotle" To Be Inspired

20 Powerful Lessons From "Aristotle" To Be Inspired 1. “We should behave to our friends       as we would wish our friends behave to us.”      - Aristotle 2. “What is a friend?      A single soul dwelling in two bodies.”      - Aristotle 3. “Educating the mind without educating the heart      is no education at all.”      - Aristotle 4. “Hope is a waking dream.”      - Aristotle 5. “Happiness depends upon ourselves.”      - Aristotle 6. “Excellence is never an accident.      It is always the result of high intention,      sincere effort, and intelligent execution;      it represents the wise choice of many alternatives      - choice, not chance, determines your destiny.”      - Aristotle 7. “Happiness is the meaning and the purpose of life,      the whole aim and end of human...

13 Valuable Lessons from Peter Lynch - One of the Greatest Investor of All Time.

13 Valuable Lessons from Peter Lynch - One of the Greatest Investor of All Time. 1) The key to making money in stocks is not to get scared out of them. 2) There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating. 3) Behind every stock is a company. Find out what it's doing. 4) Owning stocks is like having children -- don't get involved with more than you can handle. 5) Know what you own, and know why you own it. 6) Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research. 7) All the math you need in the stock market you get in the fourth grade. 8) If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth-grader could understand, and quickly enough so the fifth-grader won't get bored. 9) Never...

10 Critical Lessons from "Rich Dad, Poor Dad"

10 Critical Lessons from "Rich Dad, Poor Dad" 1. Make Your Money Work For You The rich aren't employees for long. To become rich, you need to hire others for jobs, not be a job holder. When you believe a job is the only way to earn money, you become trapped.  A business can give you a lasting income stream. 2. Control Your Emotions All humans have similar emotions. Avoid giving into fear, desire, laziness, poor habits, and arrogance. It is how you choose to handle these emotions that separates the rich from the poor. Control your emotions before they control you. 3. Make Mistakes and Learn Schools teach us mistakes are bad because we are punished for making them.  Yet, humans learn from mistakes.  That's why the rich are not afraid of failure. They win or they learn. "People who avoid failure also avoid success"  @TheRealKiyosaki 4. Bold People Win They take risks that others may not think about.  Rich people don't think inside the box.  They believe the...

Head held high - How to revamp your sense of self esteem

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 Head held high How to revamp your sense of self esteem Self esteem is the immune system to your consciousness. There is no getting around it, your sense of self worth is critical in you having a solid base of confidence It is a fundamental need A possession that over time pays huge dividends Focus on action  Life is a series of self generated action  An individual's actions are what determine his level of self esteem. Action in the world is a reflection of action within the individuals mind All actions are embodiment of your consciousness - involving choices Acceptance If you are not at peace with yourself you will never have an elevated sense of esteem. This doesn't mean you be complacent Refuse to be in an adversarial relationship with your self Actively pursue to better your weaker areas Effort everyday compounds with time Responsibility Take control over your existence You alone are responsible for your well being Being responsible is a manifestation of your journey ...

20 Life-Changing Lessons From "Marcus Aurelius" to Transform Your Mind

20 Life-Changing Lessons From "Marcus Aurelius" to Transform Your Mind 1. “You have power over your mind - not outside events. Realize this, and you will find strength.” - Marcus Aurelius 2. “Dwell on the beauty of life. Watch the stars, and see yourself running with them.” - Marcus Aurelius 3. “The happiness of your life depends upon the quality of your thoughts.” - Marcus Aurelius 4. “Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth.” - Marcus Aurelius 5. “Waste no more time arguing about what a good man should be. Be one.” - Marcus Aurelius 6. “The best revenge is to be unlike him who performed the injury.” - Marcus Aurelius 7. “The soul becomes dyed with the color of its thoughts.” - Marcus Aurelius 8. “It is not death that a man should fear, but he should fear never beginning to live.” - Marcus Aurelius 9. “Never let the future disturb you. You will meet it if you have to, with the same weapons of reason which today arm you ...

11 Critical Lessons from the Book "How to Win Friends & Influence People" - Dale Carnegie

11 Critical Lessons from the Book "How to Win Friends & Influence People" - Dale Carnegie 1. Talk in Their Language When President Roosevelt expected a visitor, he studied what the visitor was interested in.  Pay special attention to the other person's interests so you can talk in their language.  When you talk in their language, you build a stronger relationship. 2. Remember Their Name A person's name is the sweetest and most important sound in their language. Remember: - Their name - Their name's correct spelling An easy way to remember someone's name is by repeating it 3+ times or asking them to spell it out for you. 3. Be a Good Listener The best conversationalists don't talk.  They listen.  If you want to be seen as interesting, you need to be interested in the other person. Ask them questions and encourage them to talk about their accomplishments. 4. Praise Generously People often live within their limits.  To push their limits and to push their ...

20 Powerful Lessons From "Rumi" to Transform Your Mind Completely

20 Powerful Lessons From "Rumi" to Transform Your Mind Completely Rūmī, in full Jalāl al-Dīn Rūmī (Persian: جلال‌الدین محمد رومی), also called by the honorific Mawlānā Was the greatest Sufi mystic and poet in the Persian language. Here are 20 thoughts of Rumi That totally changes your Mind: 1. “Your task is not to seek for love, but merely to seek and find all the barriers within yourself that you have built against it.” - Rumi 2. “Stop acting so small.  You are the universe in ecstatic motion.” - Rumi 3. “What you seek is seeking you.” - Mawlana Jalal-al-Din Rumi 4. “Yesterday I was clever,  so I wanted to change the world.  Today I am wise, so I am changing myself.” - Rumi 5. “You were born with wings, why prefer to crawl through life?” - Rumi 6. “Don't be satisfied with stories, how things have gone with others.  Unfold your own myth.” - Rumi 7. “Raise your words, not voice.  It is rain that grows flowers, not thunder.” - Rumi 8. “silence is the language of g...