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”
If a New Zealand fisherman catches a seabream in New Zealand, he makes a profit of $9 per kilogram, but if a tourist catches it, $88 goes back to New Zealand. This is because to fish a seabream, the tourist has to spend money on flights, hotels, and all sorts of rentals. The opportunity cost and value-added will change as B2B becomes B2C. - Joseph's "just my thoughts"