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RE: Discipline and training

in Outdoors and more3 years ago

Now tell me, have you applied discipline and training to learn a skill?

For me, it would be investing, which can be pretty broad. When I entered the workforce about 10 years ago and got my first paycheck, I realised I need to find ways to grow my savings (as the bank interest was close to zero). So during my free time (i.e. weekday nights after work or weekends), I self learnt the basics of investing, e.g. what bonds were, what stocks/equities markets are, where and how to buy them, etc. I also went to investment seminars to listen to those experts/analysts share their knowledge and outlook of the macro environment. In the recent years, as part of investing, I also read up about cryptos as they are not the traditional types of investments.

I am definitely not an expert as the financial landscape is constantly evolving, but I guess what kept me going was really my interest and passion for finance-related stuff. :)

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This is excellent to hear! I don't mean the trading per se, just that you thought about investing, making your in one work harder and actively pursued it. So many do not. You said you entered the work force about ten years ago so I assume you're around thirty or so and that's the best time to start as you'll have longer to invest and more time to make up for any losses if/when they occur.

Well done and thanks so much for commenting and sharing your thoughts.

Yeah am in my mid 30s, and my investing journey has been good so far! Thanks for your comment too!

It's always good to hear younger folk taking the ownership and responsibility you are to plan for the future. (Not that I'm all that much older, I'm 52.)