-
What is compounding and how does it work?
Dear daughter, Today I want to introduce you to what some people call the eighth wonder of the world: compounding. Here I’ll explain to you, with examples, what compounding is and how it works. When you invest money for a long period, and you also invest the interest you earn from the investment, your money…
-
Is real estate investing better than stock market investing?
Dear daughter, Some beginners always shave this question: Is real estate investing better than stock market investing? Instead of focusing on what really matters, they want quick answers. As with many things in life, there is no quick and short answer to that question. Here, I will describe how each one works and by the…
-
How do you make money in the stock market?
Dear daughter, This was one of my first questions when I started reading about investing in the stock market: how do you make money in the stock market? It was challenging at the beginning, but once you read for a while, the answer just comes to you without any effort from your side. But I…
-
How to start investing in the stock market?
Dear daughter, The process for you to start investing in the stock market is easy. However, you need to have clarity on what your goal is and what type of investment you want to have. Do you want to be an active or a passive investor? The answer to this question will be the key…
-
What are the options available to invest in the stock market?
Dear daughter, There are several options available to invest in the stock market. Which one is (are) the best for you? It depends on how much time you are willing to spend doing the due diligence. Investors call due diligence to what they do to really understand the business. The sentence is short, but what…
-
The 7 habits of highly effective people by Steven R. Covey
Dear daughter, Here you will find a book summary that I made for you. The book title is “The 7 habits of highly effective people” by Steven R. Covey. The book gives you guidance on to become more effective and achieve more. The author divides the 7 habits he describes as necessary to be highly…
-
What is stock picking?
Dear daughter, One of the ways to start investing in the stock market is stock picking. This is about answering the question of what to buy in the stock market? My daughter, let me tell you that stock picking is not for everyone, but it can be very profitable. Let me explain to you why.…
-
What is investing in the stock market?
Dear daughter, After reading many books, watching many videos, participating in webinars, reading everything that comes close to me about investing in the stock market, and investing for a few years in the stock market, I can tell you that investing in the stock market is about answering three questions: What to buy in the…
-
What is the stock market?
Dear daughter, A question I had a few years ago is what is the stock market? I’m going to tell you, in my own words, how I see the stock market. Sometimes we try to answer ourselves with our current knowledge, instead of doing research or studying. I did that and I couldn’t be farther…
-
My favorites phrases
Dear daughter, I want to share with you some of my favorite phrases. These helped me many times and keep me motivated to keep going. Enjoy them! The quality of your life is determined by the quality of your thoughts The Monk Who Sold His Ferrari by Robin Sharma There is no need of comments…
These letters are for you