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Investing Fallacy: ‘You Must Start Early’
“The S&P500 was up 30% last year! I need to get in on that.” Every few months, you hear that all kinds of people got rich by investing in the latest trendy thing. And you, my friend, missed out.
One moment we all need to get into real estate, the other moment index funds are the best thing, and then it’s gold.
Before you know it, you’re sitting in a hotel conference room with a dozen strangers, listening to a presentation about timeshares. “Can it get better than this? Buy a vacation home, enjoy it, AND make money off it the rest of the year!”
Where’s the dotted line? I’m ready to sign.
Oh wait, I changed my mind, I’d rather go to a casino and bet all my money on red at the roulette table. Look, I’m making fun of those things because I’ve been there too. I’ve lost money on stupid deals.
12 Positive Personality Traits Of Effective People
Your personality is defined by what you do, not by what you say. Highly effective people have certain personality traits that make them the way they are.
Sometimes we look at a great person and think, “I can never be like that!” False. While we all have personality traits that seem to be part of our DNA, my experience is that your personality can be shaped more than you think. I’ve adopted personality traits that were contrary to my nature and culture.
I grew up in The Netherlands. My experience is that people here are generally unnecessarily contrarian and pessimistic. That’s why less than 3% of my audience is Dutch. They don’t like personal growth. I was like that too.
Stop Using A To-Do List
The to-do list is one of the most widely used productivity tactics. For years, I also had a list of dozens of items. When I started researching productivity, I thought the to-do list was a must.
“Everyone uses them, so it must work!” That’s what we often think. But just because everyone does something, it doesn’t mean it’s the right thing. At some point, my to-do lists got out of hand. I couldn’t keep up with the items on my list and I started looking for ways to organize my list.
I once read an article that shared 15 steps for working with a to-do list! Fifteen. I think you could probably build a rocket in fifteen steps.
When Happiness Becomes The Way
I’ll be happy when I make six figures. I’ll be happy when I have a partner. I’ll be happy when I move to a big city. I’ll be happy when I have a rich social life.
These are some of the things I used to think. Can you relate to that? It’s called conditional happiness. We all do it.
You can spot conditional happiness when you use “if” or “when.” X depends on Y. But what if X is an independent factor? What if X is not conditional?
You can replace X with any esoteric pursuit in life: Happiness, meaning, fulfillment, tranquility, inner peace, purpose—or any new age term people are using to explain that they simply want to be happy.