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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 #0409

We express our attitudes and thoughts through words. Words can also influence our thinking. Choosing and using words that suit the situation helps prevent misunderstandings and fosters relationships. Even those who wake up on the brink of death in a coma do not easily change the words they have been using. Words shape a person, and the person reflects their words. A good way to check and monitor yourself is to write, even if you’re not a professional writer.


- Joseph’s “just my thoughts”




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