Discover and read the best of Twitter Threads about #youcancompound
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10 common money mistakes that will cost you your financial freedom....
Don't miss the 7th one...
A thread....Let's go
#investing #mistakes #technofunda #YouCanCompound
Don't miss the 7th one...
A thread....Let's go
#investing #mistakes #technofunda #YouCanCompound
1. Procrastinating to INVEST
Compounding is the 8th wonder of the world...and the exponential factor in it's equation is TIME
The more time you give yourself to compound your investment, the better it is
Even if you are in 20s or 30s...START NOW...Don't wait
Compounding is the 8th wonder of the world...and the exponential factor in it's equation is TIME
The more time you give yourself to compound your investment, the better it is
Even if you are in 20s or 30s...START NOW...Don't wait
2. Lure of LEVERAGE
As soon as we start earning decent salary or income...there is lure from all around...
The EMI trap...for that Amazon sale, that iPhone, bigger home, bigger car...foreign holidays...
AVOID DEBT....Build your nest egg....that starts compounding...
As soon as we start earning decent salary or income...there is lure from all around...
The EMI trap...for that Amazon sale, that iPhone, bigger home, bigger car...foreign holidays...
AVOID DEBT....Build your nest egg....that starts compounding...
"YOU CAN COMPOUND" An Amazing book by VIVEK MASHRANI. The chapterwise key learnings: #youcancompound, #vivekmachrani
"YOU CAN COMPOUND" An Amazing book by VIVEK MASHRANI. The chapterwise key learnings: #youcancompound, #vivekmachrani
"YOU CAN COMPOUND" An Amazing book by VIVEK MASHRANI. The chapterwise key learnings: #youcancompound, #vivekmachrani
13 harsh truths about investing...
A thread...🧵
A thread...🧵
1. Markets are REGRET Machine
It starts off awesome...quick money, research, screenshots etc.
But then..
Stock can go up multifold after you sell it
It can start going down as soon as you buy it
If you don't buy and it goes up, you are unhappy
BE HAPPY IF YOU MAKE PROFITS
It starts off awesome...quick money, research, screenshots etc.
But then..
Stock can go up multifold after you sell it
It can start going down as soon as you buy it
If you don't buy and it goes up, you are unhappy
BE HAPPY IF YOU MAKE PROFITS
2. Risks will emerge very badly...you will have no idea WHEN and HOW...
Investing is RISKY....PERIOD...
Only thing that can save you is RISK MANAGEMENT, Asset Allocation and Your Behaviour...
Investing is RISKY....PERIOD...
Only thing that can save you is RISK MANAGEMENT, Asset Allocation and Your Behaviour...
