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What is Stoic Investing? (And how Stoicism can make you wealthy)
The ancient philosophy of Stoicism was founded in Athens at around 300 B.C. Stoicism has gained popularity recently because it provides a useful and practical way of viewing life. It can also be used for wealth-building, which forms the principles of Stoic investing.
Being a Stoic makes you better at money, wealth-building, and investing. Stoic Investing strategies teach us to manage our emotions and focus only on things within our control (and let go of those that we cannot).
On Inward Wealth: The Wealth of The Mind
According to the German philosopher Arthur Schopenhauer, “the two foes of human happiness are pain and boredom.” This is where inward wealth comes in.
In today’s world, the latter is the biggest issue for us. In fact, the lives of so many people are so pain-free that boredom is the primary cause of mental pain.
On Thoughts and Thinking Better
What does thinking better even mean?
The German philosopher, Friedrich Nietzsche, explained it best in his book, The Gay Science:
“He is a thinker; that means, he knows how to make things simpler than they are.”
7 Mental Barriers that Prevent You From Getting Rich
My parents bought their first house in 2000. My mother told me that one of their family members broke ties with my parents because of that.
Certain people think that buying a house is not for everyone. Those types of people also believe that higher education is not for everyone. Or that owning stocks is only for rich folks.
These are examples of mental barriers.