Ideas: I have more ideas than I will ever finish in a lifetime
It takes all personalities to make a successful business. It is not enough to just have ideas or be a quick starter you need a team that compliments you to implement your ideas and make the boring repetitive stuff work.
1. Investing in stocks and options: The market presents opportunities for a rational thinker when it acts irrationally.
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2. Investing in stocks and options: To be a successful investor you need to monitor just how rational your decisions are by looking at and monitoring your past decisions.
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For example CANSLIM or selling PUTS and CALLS weekly vs 45 days
3. Investing in stocks and options: When market sentiment changes it is hard to switch your belief system and investments to the new normal
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4. Your Belief System: This is not always rational, what has served you well in the past may not do so in the future. eg Blockbuster vs Netflix, Amazon vs Barnes and Noble
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5. Opportunities: Focusing means learning to say no to some of the opportunities
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6. Real Estate Investing: It can be fun to invest in real estate, collect rent and make improvements and I recommend it as long term tax advantaged holding.
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7. Taxes and Investing: Paying attention to taxes and law changes will help you be more successful. Congress makes laws to benefit themselves.
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8. Spoiling your Kids: Looking back I think it is a mistake to show them your love by giving them everything you think they need.
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9. Repetition: The key to success is to create systems that generate income on a consistent and repetitive basis
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10. Happiness: You will never regret the great journey of life. Travel whenever you can, help people as much as you can, and have fun everyday!
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