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Lottery Losers listen up! Play the Right Game, and Learn to Play it Right.
Dive into the importance of having some skin in the game to truly understand investing. Whether it’s silver, gold, or cryptocurrencies, the key is to start small and learn by doing.
Investing isn’t about betting big and hoping for a windfall; it’s about gradually building knowledge and wealth.
By starting with manageable amounts, you can gain valuable insights without risking everything. This approach helps you understand the nuances of different investments and how they work.
𝗦𝘁𝗮𝗿𝘁 𝗦𝗺𝗮𝗹𝗹: Begin with a modest investment that you can afford to lose. This initial step helps you pay attention and learn more about the asset.
𝗟𝗲𝗮𝗿𝗻 𝗯𝘆 𝗗𝗼𝗶𝗻𝗴: Engage in hands-on activities related to your investments. Whether it’s fixing up a property or understanding the basics of car maintenance, practical experience is invaluable.
𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Avoid putting all your money into high-risk investments. Diversify and understand the character of the people and teams you’re investing with.
𝗖𝗼𝗻𝘀𝘂𝗹𝘁 𝗧𝗵𝗲 𝗘𝘅𝗽𝗲𝗿𝘁𝘀: Recognize when you need help. If a particular task or investment is beyond your expertise, don’t hesitate to hire a professional. Seek advice and knowledge from those who have experience doing.
𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱 𝗬𝗼𝘂𝗿 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀: Don’t just listen to words or follow trends blindly. Get involved and understand the practical aspects of your investments.
𝗔𝘃𝗼𝗶𝗱 𝗣𝗿𝗼𝗰𝗿𝗮𝘀𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻: Start learning and investing early. Delaying your involvement only postpones your potential for growth.
What small investment are you starting with?
How do you engage in hands-on learning for your investments?
Share your thoughts and experiences in the comments below!
Listen to successful entrepreneurs, business owners and Best-Selling Authors discuss how to achieve Financial Freedom, Time Freedom & Location Freedom.
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