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10 things I have learned from the Psychology of Money.

    1. Enough

    It's important to know when enough is enough. Tamaa iliua fisi.

    2. Luck vs Risk

    There's an element of luck in most success stories. Risk can either pay off or cause ruin.

    3. Compounding

    This is the magic pill for sustained growth and development. Compounding for several decades can have unimaginable results.

    4. Flexibility

    True definition of success is the ability to do what you want whenever you want.

    5. Comparison

    Whatever works for another guy doesn't mean it'll work for you too.

    6. Behaviour

    Our relationship with money is almost always shaped by your early experiences while growing up.

    7. Save

    Save more than what is required.

    8. Joneses

    Don't spend money to keep up with the Joneses.

    9. Consistency

    Constatly buying and selling during a bull or bear market will have lower returns compared to buying and holding. Power of compounding.

    10. Isht happens

    Life is hella unpredictable.
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