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Make This Investment In Your 20's
You’ve probably heard it all before, “that Crypto that's going to 1000000x” or “those stocks that will make you millions... In 50 years”, or how “real estate is the future investment of the world“, bla bla bla.
QUOTE OF THE DAY
“We cannot always control everything that happens to us in this life, but we can control how we respond. Many struggles come as problems and pressures that sometimes cause pain. Others come as temptations, trials, and tribulations.”
MAKE THIS INVESTMENT IN YOUR 20’s
313 Words | 1 Min 8 Sec Read
You’ve probably heard it all before, “that Crypto that's going to 1000000x” or “those stocks that will make you millions... In 50 years”, or how “real estate is the future investment of the world“, bla bla bla.
There is a huge problem with these speculations, and that is that they are volatile, you are ultimately not in control of them, and there is no consistency with any of them.
They are vehicles that can drive you to wealth, but there's no guarantee that they won’t break down or that you even know how to drive them in the first place, metaphorically.
So what is the best investment that you can make as a young guy or girl?
The S&ME500, aka yourself. It sounds corny, and you probably wanted something that you could walk away from after this email and put your money into, but it's true: the best investment you can make is in yourself, your body, mind, and wellbeing for countless different reasons.
Why is that? You’re in control; these are investments that will stick with you throughout your entire life; they will compound with time and give you the best return possible.
So, how can you actually invest in yourself? Here are a few ways:
ACTIONABLE NEXT STEPS:
Network
You’ve heard it before, but your network is most definitely your net worth because it's who you know, not what you know, and the people you surround yourself with will mould and shape you into who you become.
Skills
Skills should be a no-brainer because your skills define your worth; they define how much money you are worth, and if you want to make more money, developing and improving your skills is a straight-arrow solution for that.
Experiences
Experiences are another crucial investment to make because the experiences you have in life are what form you into the person you will become.
TAKEAWAYS:
The best investment you can make in your 20s is, without a doubt, yourself.
Investing in your own skills, your own experience, and your own network is all for your future self.
Once you’ve made those initial investments, but not before, that's when you should look externally at other vehicles.
LESSON OF THE DAY ⤵️
The only scarcity in life is time. The scarcity of anything else is merely a function of how we spend our time.
“How do you deal with shit days, when you feel like everything is going wrong?”
Embrace the shit days, because in order to have them It means you’ve had good days. In order to feel sad, you have to know what happiness feels like, just like in order to have bad days, you’ve had to have good days in the past.
Another method is to zoom out the graph; failure is the frame, not the picture.
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