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- A simple graph that transformed me into a monthly investor.
A simple graph that transformed me into a monthly investor.
I had "bad" debts and a poor mindset most of my life. One day... I saw a simple graph that transformed me into a monthly investor. Let me share with you what I realized so you would have more motivation & desire to invest every month.
I had "bad" debts and a poor mindset most of my life.
One day... I saw a simple graph that transformed me into a monthly investor. Let me share with you what I realized so you would have more motivation & desire to invest every month.
I come from a poor mindset family. A family where, when I was a kid, sometimes electricity was turned off because of unpaid bills.
This situation gave me a massive amount of inner will to escape that reality. But even when I started to have money, I didn't have a healthy investment mindset.
I was spending everything… Even more than I had.
It's common when you have poor habits and emotional needs you don't know how to fulfill.
You can only have an investment budget with an investment mindset.
Otherwise, you will not care and will always have something more important to do with your money.
You will say to yourself:
"I will invest when I have a significant amount of money."
"I will learn about investments when my project scales."
"I will make millions from my projects; I don’t need to invest."
But time passes by… And this perfect moment when you have enough doesn't come.
An investment budget is not something you have. It's something you create with a strong will and a deep understanding that there is no other way to have a better life.
It made me realize that only after I saw this graph:
What you can see on a graph is that:
Around age 50, people start to earn less than before.
This means you have a window in your life between the ages of 20 and 50 to create your passive stream of income.
Before your biological clock starts taking energy from you...
I wish I could see this graph in high school. It could shift my mindset, and I could start investing earlier.
For me, this graph is motivation and self-awareness to give my best now. Because statistically and biologically, there will not be a better time.
It's an illusion of a poor mindset.
Investment can be boring, and it requires a change of habits and becoming a different person. I can write a long email about how you must deal with your poor mindset & beliefs.
But you will have 100 reasons why your specific situation is so unique that you can't invest 10-20% of your income.
You can be right… But being right will not help you to build your portfolio.
It's about your motivation to change that.
I feel... First, the most important is to realize.
That if you aren't going to figure out by yourself how to invest every month. For an extended period, 20 years, for example.
Perhaps you will not have a brighter future.
Look at the graph above again... Life will force you to spend less and to have a different lifestyle.
Let me know what you think in the comments below. And how, in your opinion, you can find a way to start investing or investing even more than now.
P.S.
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Let me know in the comments below if you are interested.
Take care,
Alex
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