Any investment or personal finance strategy that keeps you up at night is a terrible strategy.
Instead, optimize your personal finances to make your life better, not worse.
It’s as easy as 1-2-3:
1️⃣ Aim for reasonable, not perfection.
2️⃣ Focus on protecting your downside & the upside takes care of itself.
3️⃣ Invest regularly in “sleep well at night broad-based global ETFs” aka SWAN-ETFs.
Too simplified?
What have I forgotten?
4. Turn off CNBC and other “financial news”.
5. Stop reading “finance blogs” (ok, tacomob can be an exception lol).
6. Start reading actual investment books.
7. Focus on the relationships that are important to you.
8. Focus on the skills you’re good at & learn to like them.
Those are great additions. Thank you, Sinkie.