If you have already read: Diversification, then you should start reading this section. Now, if you feel a sense of superiority, you will scroll down halfway, claiming that you understand it, when in reality, no matter how much one knows something, there is always something to learn.
So, read carefully and come down from that cloud:
It is important to know how to capitalize on your time, as that is Cost No.1. Sounds simple, but how many executives, entrepreneurs, athletes, celebrities, and especially us, ordinary people.
This means that if you do not really know the cost of your time, then you will never be able to rise beyond what you had planned. Probably a blow for many, but it is an absolute truth.
Therefore, if you haven't done it yet, do it now.
No one will ever tell you the true value because when you set that value, you minimize your profitability. Therefore, know your abilities, your emotions, and your pillars that support you (you know that yourself) and with that, you will have resounding success in everything you plan.
Regarding the savings rate, or as others know: Investment rate, it is the same. Many complicate it to make the topic more interesting, but it is the same, since the decision you make about what to do with that money, as long as it is an expense that does not generate any future value, only a decrease in the invested capital. So do what you want with that money, if you are aware of your dreams, you are the one who must define that fund, mattress, vault, wallet, algorithms, data, ceiling, or land that you decided. Therefore, the important thing is to diversify into those processes that you believe will generate financial utility, as personal benefit.
Generate financial leverage, but only you know how much to bet, as long as you know that this is not a casino, you can achieve many goals, but also remember that there is a luck factor, however, remember that luck is fleeting, so you must put your feet on the ground and simply move forward.
Create a little stress, as that will be your engine to keep the mast firmly pointing north. Therefore, always strive a little more, and with that, you will see how easy it is to move forward.
It keeps you firm, visionary, focused, and above all, alert and awake.
Therefore, to conclude, I advise you: Move forward and knock down the upcoming walls, as perseverance knocks down everything when there is knowledge and, above all, when you involve your heart in your vision.
