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There are 4 types of wealth:
1. Financial wealth (money)
2. Social wealth (status)
3. Time wealth (freedom)
4. Physical wealth (health)
Be wary of jobs that lure you in with 1 and 2, but rob you of 3 and 4.
-- 40-years ago when I told my family and friends I was going to be a stock trader, I was told all the reasons why I shouldnāt and couldnāt. Itās gambling, itās not a real job, they said.
-- When I made my first million dollars, I was told I was lucky.
-- When I won the 1997 U.S.ā¦
Just as one must suffer physical pain to build stronger bone and muscle, one must suffer emotional pain to develop greater emotional resilience, a stronger sense of self, increased compassion, and a generally happier life.
One day, you and everyone you know will die. And beyond a small group of people for an extremely brief period of time, little of what you say or do will ever matter.
This is not depressingārather, it is liberating. There is no excuse to not be who you wish to be, to not love whoā¦
People usually judge you based on where you are at currently, not what you could become eventually. Don't let one comment stop you from trying. File it away or use it as fuel. Focus on getting better. Someone else's analysis of your current position doesn't tell you anythingā¦
The older I get, the more I realize that success at most things isn't about finding the one trick or secret nobody knows about.
It's consistently doing the boring, mundane things everyone knows about but is too unfocused/undisciplined to do.
Get good at boring.
What if the American Dream really isn't working endlessly to buy a house, commuting 1.5 hours/day, moving far away from your friends & family, & mindlessly saving money for someday 40 years in the future?
Recently, I've started awkwardly jamming one of these questions into conversations with people pretty quickly upon meeting them:
"What have you been wrong about lately?"
"What are you optimizing your life for at the moment?"
"What are you good/bad at saying 'no' to?"
As I getā¦
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All tweets are for educational purposes
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Author- One Good Trade and The PlayBook
Board member- @Traders4ACause and @Impact_Comp
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