Forum Topics 23 Lessons about Money and Investing
Remorhaz
Added 3 years ago

Morningstar posted this today ... (from the book Laws of Wealth by behavioural finance expert Daniel Crosby)

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Solvetheriddle
Added 3 years ago

Thanks, one that resonates with me is time is a scarce resource. the amount of time you have or want to spend on investing is limited. the return on that limited time is critical. very critical. i call it filling the funnel with ideas. there are a lot of ways to waste time with no results. finding actionable ideas is so important. i cull news feeds that dont produce results in a set timeframe, as although they may be entertaining they, in reality, do not add to the wealth pie. efficient finding of and obtaining value creating ideas is just so critical especially for retail investors, (not spoon fed), spend your tiem very wisely. in fact i suspect SM is an idea generator for many and thats why thye are here

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