Be aware of your mindset. It is the mindset that decides your fate. — Like many people out there, I was suffering from cheap mentality syndrome. It is a disease that keeps you from reaching your full potential. The sooner you get rid of them, the better it is. But, you have to know them, accept them, and finally work on them. Here are…

7 Learnings from the past 2 years, where the stock market crashed, set all-time highs, and crashed again. — In the past 2 years, I have seen the disconnect between the market and the fundamentals several times. It’s interesting to watch and reflect on how people behave when such disconnects occur. But, what does market and fundamentals out of sync mean? Story of two brothers “price” and “earning” as told by legendary investors

Acceptance is the first step toward improvement and every small improvement compounds with extraordinary results. — #1 Nothing in life is free I made myself understand that everything comes with a price. Sometimes, you can read the price on a label, and sometimes not. Only if I pay the price can I expect something in return. Additionally, paying the price does not guarantee the reward. So, I trained my brain to practice…

Why did GE's CEO get rid of profit-making divisions to save the company? — Jack Welch (GE’s CEO 1981–2001) understood the importance of being at the top. Jack shut down all the divisions that were not and couldn’t be #1 or #2 in their niche. It didn’t matter whether these divisions were making a profit or not. If you are not and can’t be…

I replaced 5 habits found in Millennials to turn my life around. — Millennials are those born between 1980 and 2000. We are the first generation to grow up in the digital age. I am a Millennial, and I observed a few things that I absolutely wanted to improve. You may or may not relate to them. But, if you do, I hope…

What happens if the US dollar loses its status as a reserve currency? — The central bank of Israel readjusted its reserve holdings. It added Yuan to its portfolio, reducing its exposure to US dollars, euros, and the British pound. But, what does it mean, and how does it affects your financial health? Before I share my 2 cents on it, let me tell…

Accumulating wealth is damn simple. Difficult is to pick a path and walk on it. — Who wants to take responsibility? No one! So, I will blame it on our ancestors for being greedy and seeking instant gratification. Because of them, our brain still prefers short-term wins over long-term triumphs. This human behavior is the root cause of thousands of investors choosing to stay poor over…

What does being the best mean, and how can you be the best? — Have you ever been recommended to target the low-hanging fruits? Or skip the hard questions during a test and focus on easy ones first? Of course, you have! Your parents and teachers have trained you in it since your childhood. …

Financial Advisors Do Not Solve Financial Illiteracy — There are stories of many celebrities suing their financial advisors. They claim that the poor advice of their financial advisor cost them a lot of money. Some even claimed that their financial managers stole from them. The problem is not the poor advice, but the inability to distinguish good from bad. It is easy to blame someone else for your poor decisions.