Coin Newsletter #11: How to get rich slow

Wrote a post, with a few thoughts on getting rich.

  1. It sounds counterintuitive, but the sooner you accept that it’s impossible to get rich quickly in the markets, the happier and wealthier you will be.

  2. Greed is the most dangerous emotion in the market because it destroys common sense and critical thinking. Greed creates tunnel vision, forcing you to think only about impossible financial outcomes. It’s one big reason why even smart people fall for scams.

  3. When you are young, your biggest asset is you. In other words, it’s your future earnings potential.
    Think of yourself as a business and invest in yourself rather than looking for get-rich-quick schemes.