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The path to wealth, “doomed” to success. 4 steps for those who want to succeed financially

betulkondukaya
3 min readMay 9, 2024

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Many of us wander through life without a compass or a sense of purpose.

Often we are driven only by natural instincts — the main ones among which are: survival, reproduction and dominance.

In this article we will talk about how we can “reconfigure” our lives for financial prosperity and sustainable monetary well-being. Moreover, you can do this in just 4 simple steps, which work perfectly in our difficult times.

The path to wealth, “doomed” to success. 4 steps for those who want to succeed financially in the modern world:

1) The key to creating wealth is to manage your emotions.

It is possible to form large financial capital only with the help of regular investments.

A well-made investment consists of:

  • 9% from theory;
  • 1% from execution (i.e. from the systematic implementation of theory in practice);
  • 90% control of your emotions (which are guaranteed to be “sausage” worse than the extremely high volatility of financial markets).

Once you adopt this mindset, investing becomes a breeze.

Otherwise, you risk following the typical scenario of a failed trader: He enters the market at the highs — during a general rush. After some time, when the market inevitably falls, the novice “getting rich” sells all his…

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betulkondukaya
betulkondukaya

Written by betulkondukaya

Keep your self-talk positive and loving, because thought comes before words.

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