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Showing posts from March, 2021

The Investor's Mindset

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Did you know that anytime economic crisis hits, there are some companies who see no economic impact simply because of their customer? One of my favorite examples is the fashion icon Prada. Prada's customers is wealthy and values the finer things in life. They typically have a sound financial setup to afford luxuries. This may have been inherited, gifted or built. When markets waiver due to national or global economic hardship, (aside from catastrophe) Prada doesn't typically see much fluctuation in revenue. Why? Prada's customer has build a strong loyalty and is fixated on their products. Their customer has made their product a priority in their expenses and will actually make lifestyle adjustments to continue to afford those products. This can include things like deciding to walk more places versus taking a taxi or skipping the morning coffees to save for what they value more.  If you know me personally, you know that I am not a collector of material things. I am not a sh...

Feed Your Focus

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Did you now that Jeff Bezos has his day planned out down to the minute? It truly explains why he has become as successful as he has. In any aspect of life, managing your time is so incredibly important. You will have to find healthy ways to feed your focus and starve your distractions to match the life you envision. This can be very complicated, especially in the interconnected world we live in today.  Here are five tips to manage your time: Limit Social Media Use Have you ever gotten on social media to check one thing and the next thing you know, an hour goes by and all you've done is read about other people's lives. This can be a very dangerous habit to get into. Not only is it a time waste, but it is also a huge reason so many people compare themselves to others and then feel bad about themselves. Stop doing that. You truly don't have time. I get that social media is such an integral part of our lives and this can be hard. To help you easy yourself out of this comparison...