The crisis of 2007 has clearly created a new financial landscape out there and most of us are looking to thrive or at least survive in this new environment in the making.
Some food for thought:
- Nine out of 10 people in finance don’t have your best interest at heart and even worse are clueless.
- Don’t try to predict the future but understand the facts like no one. Read, learn and start discerning facts from propaganda.
- Saving can be as important as investing.
- Tune out the majority of news. All baloney worth nothing but divert your attention.
- Emotional intelligence is as important as classroom intelligence. High stakes investing has much to do with nerves of steel as market savvy.
- Never talk about your money. Smart people know better.
- Most financial problems are caused by debt. Debt can be only be good for you when you can borrow at insanely low interest rates.
- Forget about past performance. Change is the only constant out there.
- The perfect investment doesn’t exist.
Now go and make a killing…