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“A 10% loss in any investment can be recovered, not by 10%, but only by 11% gain.
A 50% loss in any investment can be recovered only by 100% gain.
And a 90% loss in any investment can be recovered only by a whopping 1,000% gain.
Yes, all the above statements are true.
Numbers can confuse the best of financial wizards.
It needs a rare trait of common sense to unravel the mysteries of finance.
For your investments:
- Keep them Simple.
- Avoid Jargons.
- Exhibit Discipline.
- Be Consistent.
- Apply Common Sense”
― The Autobiography Of A Stock
A 50% loss in any investment can be recovered only by 100% gain.
And a 90% loss in any investment can be recovered only by a whopping 1,000% gain.
Yes, all the above statements are true.
Numbers can confuse the best of financial wizards.
It needs a rare trait of common sense to unravel the mysteries of finance.
For your investments:
- Keep them Simple.
- Avoid Jargons.
- Exhibit Discipline.
- Be Consistent.
- Apply Common Sense”
― The Autobiography Of A Stock
“Not money, Not skills, but Time is the biggest lever for massive wealth creation”
― The Autobiography Of A Stock
― The Autobiography Of A Stock
“A personal budget is a manifestation of your decision to grab your finances by the balls”
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“Finding Money Maturity means resolving your inner conflicts around money. It really comes down to discovering a sense of ease around money.”
― TheSeven Stages of Money Maturity by Kinder, George ( Author ) ON Mar-03-2008, Paperback
― TheSeven Stages of Money Maturity by Kinder, George ( Author ) ON Mar-03-2008, Paperback
“Experts tout many positive reasons to save money, including being able to afford things like a home, car or holiday, becoming financially independent and being prepared for unforeseen expenses or emergencies. Ultimately, putting money aside for a rainy day will make you feel less stressed, more in control of your finances and all-around happier. Now that's worth saving for!”
― Lagom: Not Too Little, Not Too Much: The Swedish Art of Living a Balanced, Happy Life
― Lagom: Not Too Little, Not Too Much: The Swedish Art of Living a Balanced, Happy Life
Prasad’s 2024 Year in Books
Take a look at Prasad’s Year in Books, including some fun facts about their reading.
Favorite Genres
Polls voted on by Prasad
Lists liked by Prasad
