/biz/ - Business & Finance

-Starting learning how the market work.
-Focus on compound interest, your time is your most powerful tool. SERIOUSLY don't squander it!
-Use cash more than credit
-Beware interest rates on EVERYTHING
-Focus on experience
-Start saving & investing early, it'll pay off big in the long run.
-Again, don't squander your time, sure have fun once and a while but build a habit of discipline.
-Take care of your health, master sleep/stress relief in particular.
-Don't be afraid to seek mental health support, you can be your own worst enemy sometimes, it's always important to do a self-check.
-Focus on a good diet, it'll pay off in the long run.
-DON'T SQUANDER YOUR TIME, you will be old one day, and no amount of regret will turn back the clock.
-Invest in learning a new language and traveling, it'll help.
-Grab as many scholarships to pay for school that you can, try to live as debt-free a life as possible.
-Don't just focus on prestigious name, go to a state school or even community college (or trade school)
-Don't be afraid of blue collar work, you can make some really good money.
-Live below your means, again save and invest NOW!
-Cultivate positive relationships, cut toxic people out of your life they will rot you from the inside out.
-Think about how limited a time you have on this Earth, be kind to everyone even if they are shitty to you, they are just as fragile as anyone else.
-Respect the past, plan for the future.
-Don't be afraid to change, don't be afraid of growth.
-Read lots of books, use the internet sparingly it will distract more than help you.
-Cultivate inner peace through exercise, art and relationships.
-Plan things out, and eliminate as much stress in your life as possible.
-Forgive yourself for your mistakes, you are just as flawed as everyone else.
-Journal to help give you perspective over time.
-Appreciate others and beware your ego in all things.
-Ask that special person out, but be at peace if it doesn't turn out how you planned.

Pro tip: If you are young and in it for the long haul maybe consider going in on REIT's that focus on nursing homes and assisted living. The silver tsunami is coming and eventually, you'll end up in those kind of places too so might as well in on it while the getting is good.

>>5631004
Thank you kindly for the suggestion.

>>5631027
Oh I don't doubt it, but the way I figure it, people are creature of both convenience and habit. TA might not be perfect but it just like in poker there might be some 'tells' that one just needs to see ever so often in the market.

I'm just trying to get a better sense of scale and whether to focus more macro (1 day/week/month) or more micro (1min/15min/30min) to grow the little money I have in the marker (sub $3 k) little by little.

Lets see it