Skip to main content

Posts

Showing posts with the label inherited

Just my thoughts #0712

If you’re not a full-time investor and are considering an investment method, start by defining your identity. That means deciding what your main job is and what your side job is because it greatly affects your time management in investing and influences your results. If you can’t monitor stock trading daily or hourly, then you’re not a full-time investor and should treat investing as a side job. How I allocate my time for investing plays a crucial role in choosing and deciding how to invest. There are many different ways to invest around the world. Impatience is the main mistake that can ruin both my life and my investments. My view of time is that it’s my life. - Joseph’s “just my thoughts”

Just my thoughts #0434

Crisis overcoming and development both begin with “what I have,” not “what I have lost.” “What I have” consists of [everything I possess now, including what I lent to others] minus [what I’ve borrowed from others], [what I’ve inherited], [what I’ve received as gifts], and [what I’ve taken unlawfully]. [What I have] + [What I’ve inherited] + [What I’ve received as gifts] is referred to as [own assets] or [net assets], additionally includes [something I borrowed], and subtracting [something stolen] in my possession, it is called [asset]. To pay off the liabilities (debts), you must have [net assets] or possess [something I borrowed from others]. The only other way to do this is to repay with [something I stole], but it’s a crime. The ultimate goal of any business activity is to acquire [assets]. - Joseph’s “just my thoughts”

Just my thoughts #0432

Some people consider “what I have” to be “property,” like “money.” In other words, “All of Mine” = [All my things] - [All I have inherited] - [All I have received as gifts] - [All of the others] - [All I have stolen]. By the way, while there is wealth among [mine], temperament and ability are also crucial resources, in addition to properties such as talent, networks, sincerity, perseverance, attitude, intimacy, determination, courage, wit, and wisdom. Escaping crises and fostering development must begin with “All of Mine.” The success and progress made by [All of the others] is an illusion. - Joseph’s “just my thoughts”

Just my thoughts #0272

The Awakening Formula: [Mine = all of my properties - borrowed - inherited - gifted - stolen - cheated out of]. If you exceed this “mine,” it’s time to wake up. All economic activities should commence with the amount you consider to be a genuine “mine.” It is essential to view it as a sin to enjoy anything “first” or “more” than that. Caring for what belongs to you is the initial step toward success and the foundation of life. - Joseph’s “just my thoughts”