How to Start Investing Today
A tried and true, simple approach.
Last week, in my 27 learnings post I said:
Start investing young. Compound interest is your future self's friend. If you haven't started yet, don't panic - just calmly and deliberately set aside a few hours in the next week to open a Roth IRA and a Brokerage account and get started.
I promised I would . . .
On Sharing and Hoarding Ideas
Ideas are for sharing. Ideas are for stealing. Ideas are not for hoarding.
Ideas in your mind are like little infants - they are underdeveloped and have a lot of potential.
Most of the time great ideas don't come from one mind in solitude, but by interaction with other ideas, feedback, and one's environment.
. . .27 Learnings
For my 27th Birthday
This week I turned 27. To mark the occasion, I would like to share 27 learnings I have gleaned from the time I have spent as a living human.
The list includes a mix of higher level reflections and a few more practical items.
These learnings are not meant to be taken as advice, since everyone is different and what . . .
Recondition Your Automatic Responses
In order to save mental and emotional energy, we all have automatic responses that we rely on throughout the day.
A good example is when we walk past someone on the street and they ask us for money, most of us automatically say "sorry" without thinking about it.
It would be too taxing, mentally and emotionally, to . . .
Principles of Braising
Braised meat used to sound fancy to me. Difficult. Above my level.
Then last summer I took a cooking class, and learned the principles of braising. Suddenly "apple braised pork shoulder" wasn't a final product, but a series of discrete, replicable steps.
- Sear meat on both sides with high and dry heat. . . .
10 business ideas
You sent in yours. Here are mine.
Yesterday I challenged you to exercise your creative thinking muscles by listing 10 ideas for new businesses. The point of the exercise was not to come up with good business ideas, but to exercise your mind, which just like your body, gets stronger when you use it in new ways.
A couple of you took me up on the challenge.
. . .
Exercise your thinking muscles daily
Strategic thinking is a muscle. Creative thinking is a muscle. Critical thinking is a muscle.
Without consistent use, those muscles begin to atrophy.
Exercise your strategic thinking muscle today by playing devil's advocate with your colleague or boss to ideas which may seem obvious or "correct" on the surface. . . .