The Market Always Wins
NOT FINANCIAL ADVICE (NFA). Food for thought. Strategies to consider in your entrepreneurial or investment journey.
In Part I, we spoke about autodidacticism. What it is, and the characteristics necessary to carry it out. Feeling up to the challenge? Well, if you’re committed- you have the technology.
Whether it be in investing or inventing a whole new product or service, freedom to take risk is one of the cornerstones of free market economics.
Whichever label describes your wallet determines who has true custody over the assets in it. It’s important for a HODLer to know what exactly a custodial or non-custodial wallet is.
I may recommend an investment to check out, or look into, but always always ALWAYS DO YOUR OWN RESEARCH before buying.
When inflation occurs and the value of a currency goes down, how can we protect our money and maintain its buying power?
Self-taught people are everywhere. The autodidacts. The people who, by their own effort and use of tools, have learned skills and acquired knowledge.
Income can mean so many things. It is important to realize that in order to achieve the lifestyle we want we have to master our own strategy.
I added income to my debt elimination strategy because the fastest way to eliminate existing debt, is to maximize your income!
Debt will only be gone if you pay down your debts and follow a strict budgeting plan, and create a plan to defeat your liabilities.
Debt. It is something every American will experience in their life. We can leverage and control our liabilities, or they can control us.
We are on earth for a short time. It’s important to recognize that WE have to take conscious action to get what WE want out of life.
For any discipline to shine forth, there has to be devotion. As they say, nothing happens overnight. It takes time to form a habit.
Responsible investment is being diligent to make sure your investments are going to what is good, beneficial and worthwhile.
“Watch your thoughts; they become words. Watch your words; they become actions. Watch your actions; they become habits. Watch your habits; they become character. Watch your character; it becomes your destiny.” – Frank Outlaw
Companies seen as growth stocks are expected to rise in value and prosper overall. Their stock price might be lower, or it’s already high.
