10 timeless investing principles
1️⃣Invest in what you understand
2️⃣Don’t confuse investing with trading
3️⃣Remove emotions out of the way
4️⃣Know when to get in & out
5️⃣Time in the market > Timing the market
6️⃣Don’t over analyse -> analysis paralysis
7️⃣Have a plan, stick to it…
Diversify your wealth with these investment options:
1. Shares in listed companies and SACCOs.
2. Deposits in SACCOs and bank accounts.
3. Money Market Funds.
4. Treasury bills and bonds.
5. Real estate properties and plots.
6. Businesses.
Make money in your sleep, or you will lose sleep over money.
At whatever age, don't spend all your money.
Put some in MMF
Put some in stocks
Put some in real estate
Put some in your business
Put some in learning core skills
Put some in treasury bills/bonds
Don't waste them.
When politicians cook discontent, they need stronger dressing down to go back to the drawing board.
We need numbers to fight repressive policies and #RejectFinanceBill2024
You aren't too "small" to be followed, nor too "big" to follow.
Follow for follow 👣
#TotalShutDownKE
A man should set his goals as early as he can and devote all his energy and talent to getting there. With enough effort, he may achieve it. Or he may find something that is even more rewarding. But in the end, no matter what the outcome, he will know he has been alive.
#hustle
Books to read in 2023:
1. The Art of Happiness
2. Think and Grow Rich
3. The Power of Positive Thinking
4. The Magic of Thinking Big
5. Man's Search for Meaning
6. The Power of Now
7. The 4-Hour Work Week
8. Atomic Habits
9. Art of War
10. Meditations
To succeed, focus on things in your control:
Faith
Focus
Learning
Hard work
Your attitude
Perseverance
Determination
Your reactions
Power to choose your goals
To ignore what disturbs others
Choose to find opportunity in every situation
⚡ DETERMINATION ⚡ a quality that makes you continue trying to do or achieve something that is difficult.
Your determination is the vehicle that will drive you and take you to anywhere you want to go in life.
🔑 PATIENCE 🔑 the capacity to remain calm in the face of difficult circumstances.
Patience is the key that will keep you calm in the face of delays, stressful situations, and difficult people.
Often great success doesn’t occur as the climax of a story or at the moment we expect. Success happens when you are busy working hard, least expecting it.
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