A week ago, I was in New York and I met up with a friend from Wall Street. I asked him: "Is it better to be diversified, or to be focused on one investment?" This was his answer: He said, "In terms of the stock market, only indiots invest in etfs." ETFs are for people who don't have the time or the energy to care, unfortunately, that makes most investors idiots. The only investors who make money in the stock market are those who handpick their stocks. Sure, they might lose, but all it takes is one big win. However, if you zoom out a little bit. The clients with the highest networth have diversified types of investments. No one only invests in stocks. Most of pieces of bonds, real estate, private lending, and more. So diversification is important, but it depends on your scope.

Your world is too noisy. Showers that were supposed to be just the noise of the water now include waterproof speakers. Meals that were supposed to help you live in the moment now include Youtube videos. Even the moments before you fall asleep at night are now filled with doomscrolling on social media. You need to quiet your world down, because these moments are when you produce the greatest ideas you will ever have.

You will never be perfect You are born with tradeoffs, you have strengths and weaknesses. It's physically impossible for you to be perfect. But these strenghts and weaknesses do make you special and unique. So quit spending time trying to be perfect and right in every way. Instead, focus on understanding yourself and learning about yourself. This way, you can operate at the maximum capacity that you can operate at.

So how do you find this happines in school or work everyday? The incorrect way is to default to habits or repeating the same life every day. Instead, try to set goals and live in accomplishment. Challange yourself - in a healthy way. Seeing yourself grow and improve will only make you happier.

In the last post, I talked about what fear looks like in the market. In this post I'll teach you how to coexist with fear. First of all, it's important to understand that fear comes from uncertainty. So if you lower your uncertainty, you lower the impact fear has on you. 1) Do your research - understand what you are investing in 2) Figure out the worst case scenario - if you can accept it you're good to go 3) Disrupt you habits - next time a short emotional dip occurs don't even bother touching your account 4) Learn from your fears - to do this you must forgive your past self and learn from your mistakes.