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Just my thoughts #0504

If only interest is applied to the principal, it is ‘simple interest,’ and if interest is applied to the principal including former interest, it is ‘compound interest.’ There are people who make money through simple interest and through compound interest. The same goes for spending money. The difference between simple interest and compound interest can create an unimaginable impact over time. Time is treated fairly for everyone, but if compound interest intervenes in the uniform application of time, the results of compound interest will vary greatly, even after the same duration has passed. Being poor also has a cost, which is paid by compound interest. If you want to be wealthy, you must earn compound interest, not simple interest. The best way to achieve this continuously is to engage in small but regular actions every day, whether it’s investing in stocks or acquiring knowledge. - Joseph’s “just my thoughts”
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Just my thoughts #0363

Interpreting or translating foreign languages, social phenomena, and new knowledge to explain and inform the public represents a position of power. Interpreters and communicators draw public attention and share information, generating power through public acceptance. Trust is the essence of power. Power is not merely about the strength of force but rather the direction and purpose behind its use. The more intelligent and educated you are, the greater your responsibility in wielding power. It is a misfortune for society as a whole if power remains untapped or is misused.


- Joseph’s “just my thoughts”




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Just my thoughts #0006

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