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The 12 Most Important Things Everyone Should Know About Money

Neu_spir8 Posted 2 Sep.  in #Trader's blog
From businessinsider.com

1. Don't get a salary. A salary will never make you money. 2. Don't invest any of your money. Investing is for wealth preservation, not wealth creation, so first you have to make wealth 3. Come up with ten ideas a day. This doesn't seem like "personal finance" but it is. 4. Don't try to save money by not buying expensive coffee or taking subways instead of cabs. That's a myth. The best way to save money is to make more. 5. Learn how to copywrite. 6. Come up with ten ide…
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3 Comments
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VictoriaVika 2 Sep.

I love first phrase!

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Stix 2 Sep.

Brilliant article, Neu_spir8 ! I agree with the entire content. Thank you so much ! :) :)

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Shalomavahatikvah 4 Sep.

I will always make a plan, I don't need a cubicle:)

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Why Japan's economy is stuck in 'no man's land'

Neu_spir8 Posted 1 Sep.  in #Trader's blog
From cnbc.com

As poor economic data rattles faith in Abenomics following the April consumption tax hike, one analyst told CNBC that uncertainty over the outlook for Japan's economy will linger for some time. "With the consumption tax, we're not done with this… as the government is poised to take it from 8 to 10 percent next October," Paul Sheard, chief global economist at Standard & Poor's Ratings Services told CNBC Asia's "Squawk Box." "So if they go ahead with that we're still going to be - f…
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VictoriaVika 1 Sep.

Best of luck :)

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Stix 2 Sep.

Best wishes for the month, Neu_spir8 ! :)

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58 Cognitive Biases That Screw Up Everything We Do

Neu_spir8 Posted 29 Aug.  in #Trader's blog
From businessinsider.com

We like to think we're rational human beings. In fact, we are prone to hundreds of proven biases that cause us to think and act irrationally, and even thinking we're rational despite evidence of irrationality in others is known as blind spot bias. The study of how often human beings do irrational things was enough for psychologists Daniel Kahneman to win the Nobel Prize in Economics, and it opened the rapidly expanding field of behavioral economics. Similar insights are…
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