Friday, July 8, 2022

Diversification

No one can accurately predict the future but if you wanna predict some part of the future, study history and the news. What has happened in the past and what is happening now is a great information to predict the future and it's helpful for the wise investors in life.

Inflation is on the all time high as ever and it's here to stay. The rising cost of things is here to stay. The rich get richer because they can afford assets and assets make them huge amount of money. Conversely, the poor get poorer because they can only afford liability and liabilities take money from their pockets.

The world wars, the dot com crash, the crypto crash, the great recession, the great flu, the slave trade, the food shortages and the coronavirus are filled with great lessons for the need to diversify your investment and plan on security, health and stability, not gambling around but splitting your time, energy and capital investment and finance for the unknown and the unpredictable. Multiple streams of income, many mentors, multichannel finance and overflowing quality information.

The 10X rule indirectly say, train your kids 10X more than necessary, protect your marriage 10X more, make 10X more money than you need and create 10X more income source than an average person. The brain behind diversification is not fear, it is simply creating confidence and satisfaction and fulfilment. If I read 10X more for a course, given the outline, no test on the test will scare that much.

The need for diversification is paramount now than ever before. It is ensuring you do all you can to ensure your security and happiness in the midst of the unknown. Our greatest fear is the fear of the unknown. It's at the back of our head, home-calling us to attention. The what if, what if game.

Get ready for this century where opportunity is mixed with difficulty. Those who want to face the difficulty enjoy seas of opportunities unleashing in greater magnitude and number. We should be ready with our family, sharpen our pencils, settle the conflict and embrace the differences to diversify our investments for the top security and abundance we can get.

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