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Just my thoughts #0712

If you’re not a full-time investor and are considering an investment method, start by defining your identity. That means deciding what your main job is and what your side job is because it greatly affects your time management in investing and influences your results. If you can’t monitor stock trading daily or hourly, then you’re not a full-time investor and should treat investing as a side job. How I allocate my time for investing plays a crucial role in choosing and deciding how to invest. There are many different ways to invest around the world. Impatience is the main mistake that can ruin both my life and my investments. My view of time is that it’s my life. - Joseph’s “just my thoughts”
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Just my thoughts #0111

Human behavior and psychology are tricky and complex. If you ask someone who prefers short-term gains, “Would you like to get $1,000 now or $1,020 a year from now,” the person will choose the former. However, if you change the question, “Would you like to get $1,000 in 10 years or $1,020 in 11 years,” people will choose the latter. The taking of time and possessiveness are even under the same conditions, they make different choices. These two dominate the human personality.


- Joseph’s “just my thoughts”




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