If I could go back: what I’d tell my younger self about money & investing 🧵
1️⃣ Don’t chase quick returns
Compounding doesn’t work on excitement, it works on patience
The sooner you accept that, the sooner you’ll actually build wealth
Compounding doesn’t work on excitement, it works on patience
The sooner you accept that, the sooner you’ll actually build wealth
2️⃣ Your savings rate matters more than your stock picks
You can’t control the market
But you can control how much you save, how regularly you invest, and how long you stay in the game
You can’t control the market
But you can control how much you save, how regularly you invest, and how long you stay in the game
3️⃣ The goal isn’t to beat others — it’s to stay in the game longer than most
Survival > Outperformance
Survival > Outperformance
4️⃣ Never invest in something you don’t understand
If you can’t explain it to a 10-year-old, you shouldn’t put your money in it
If you can’t explain it to a 10-year-old, you shouldn’t put your money in it
5️⃣ Learn the difference between price and value early
Price is what you pay
Value is what you get
And the market often confuses the two
Price is what you pay
Value is what you get
And the market often confuses the two
6️⃣ Avoid lifestyle inflation
Every time your income rises, don’t increase expenses, increase investments
Freedom feels better than luxury
Every time your income rises, don’t increase expenses, increase investments
Freedom feels better than luxury
7️⃣ Keep your circle of competence small, but your curiosity big
You don’t need to know everything — just what matters.
You don’t need to know everything — just what matters.
8️⃣ Don’t ignore psychology
Markets run on emotions
The best investors manage their mind, not the market
Markets run on emotions
The best investors manage their mind, not the market
9️⃣ Wealth isn’t how much you earn, it’s how long you can live without working
Focus on time freedom not just money
Focus on time freedom not just money
🔟 And finally…
Don’t be in a hurry
Compounding needs time, not timing
The earlier you start and the longer you stay, the luckier you’ll look
Don’t be in a hurry
Compounding needs time, not timing
The earlier you start and the longer you stay, the luckier you’ll look
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