3 min read
I got my first decent-paying job when I was 17. It was a call center and I had to sell mobile phone subscriptions to people. The job wasn’t satisfying, but the money was pretty good for a 17-year-old, especially during the summer when I could work more.
I can’t remember exactly how much I made, but it was something like €2000 a month when I worked six days a week. Living with my parents, I had no expenses, so that was money I could spend or save. And like most people that age, I obviously did the former.
I didn’t know any better. But over the years, I’ve learned a lot about money from simply observing wealthy people. If I could go back and teach myself some financial lessons, I would’ve changed my financial mindset way earlier.
Here’s what I would tell myself.
4 min read Earn, save, invest. If you want to get rich, those three things always need to be on your mind. In that order too. On a recent call with JPMorgan clients, the CEO, Jamie Dimon, talked about the key to successful wealth building. He said: ”Investing […]
4 min read My brother, Daniel, who’s seven years younger than I am, told me the other day that he doesn’t feel like investing because he can’t invest a lot of money. So I said, let’s do some calculations. I’ll show that you can become a millionaire by […]
6 min read Jesse Livermore is considered the best stock trader in history. He was the main character of one of the most famous books on trading, Reminiscences of a Stock Operator, published in 1923. Livermore is mostly known for taking short positions before the 1906 San Francisco […]