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