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Showing posts from March, 2021

My own principles and quotes

 1. You don't have to be a maths guru, you just need to master simple maths. Knowing compound interest is very important! 2. Investing in productive assets that produce income over time is better than taking speculative gambles. 3. In your teens, it is important to save money. In your 20's, you should learn and test out to invest a proportion of your money. In your 30's, you should have a rough idea what you wanna do in your life by then your investments should afford you to pursue those dreams. In your 40's if you no longer interested in working, you could consider retiring comfortably subject to your lifestyle habits. 4. Unfortunately in this world, there are more spenders out there than savers. 5. When I talk about saving, don't put all your eggs in that basket. In order to progress, conservative investing is also required. 6. I've never heard about anyone getting rich from just saving money. 7. Know the difference between a "want" and a "need&