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A stock is a share of a company. If a company was worth $100 and they issued 100 shares, each share would be worth $1, if you bought 51 shares, you would own 51% of the company.
Buying as tock gives you a part of a company
A dividend is them paying you if they do well, think someone giving you interest.
Stocks go up over time as the company value goes up, think that $100 company value goes to $200.
Basic of options:
Options are trading the right to buy or sell 100 shares of a stock at a certain price on a certain date.
You have an $8 stock, you think it will go to $10 in 6 months. You pay to have the right, so you pay $20 for the right. If the stock goes to $10, you get 100 shares, but you only pay $8.
Options are expensive because there is a premium on them, you have to pay for that right
You don’t have to take the shares, you can sell that contract to buy 100 shares to someone else.
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- What you think you can do, determines what you do
- No human is better than another, all humans are capable of doing amazing things
- What amazing things you do, depending on who you are and what you want.
- That beings said, you can do whatever you want
- Greatness is different for everyone
- But everyone has the ability to build amazing things
- Your choice, no millionaire is special, or in some way more gifted, and most aren’t of the genetic lottery winnings type
- You can choose, it just takes hard work
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Update on what April looked for the owner of Thought Hustle.
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I was reading a book called Who switched off my brain. It’s about dealing with stress, negative emotions, and toxic thoughts. And I came across something fascinating, it talks about, how your thoughts and what you think of, can determine your mood or make it even worse.
So, here’s an example: If you’re feeling down, you always think of the worst possible things. Let’s say you’re lonely, you conjure up every memory that you have of when you’ve been left out, all the times you’ve been wronged or weren’t invited over. You dig yourself deeper and deeper into that plot.
And, it just gets you more set in your ways.
When you’re thinking of something, how do you get out of that funk? Or, how do you ensure you stay in a positive, healthy mindset?
Books Mentioned:
Who Switched Off My Brain
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Giving, I’ve talked about it before and I’m talking about it again, because, nobody gives. That’s why, although, its one of the greatest things you can do, so today, I’m bringing that point to you all over again.
Why give, well, it makes the lives of others better, that’s for sure, but it’s also got a whole bunch of health benefits, so let’s go over those first.
Giving makes you feel happy, meaning, it’s good for your health. Giving reduces stress and decreases blood pressure. And it’s contagious, if you give, others give, it makes everyone happier, giving creates a chain reaction, a chain reaction of good.
Books for Further Reading:
Happy Money
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I know I’ve found myself in situations where I wasn’t sure how to build a habit. I wanted to stop sleeping in, start going to the gym consistently, eat right and be consistent with my work on Thought Hustle, but it wasn’t easy. Then, I read Atomic habits, a book that takes you through, how to build habits, day by day.
Imagine if you could improve by just 1% every week, at the end of the year, you would be an entirely new person, so often, we try to start a new habit, we go full throttle, and then burn out within a few days or weeks. Why? Because we bit off more than we could chew, so what’s the solution?
Start small, so small, it seems ridiculous.
Books Mentioned:
Atomic Habits
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There are no shortcuts in life, and in order to ensure your long-term success, you have to make short-term sacrifices.
To build a successful business, you must invest time and money, often your own, hard-earned money.
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Today, we interview Mr. Zaye. The CEO of a pharmaceutical supply company.
In this episode we go over:
1. The habits of the successful
2. Investing and Principals
3. Habits that lead to success
Books recommended in the show:
The Wealthy Barber
The Richest Man In Babylon
Links to follow Mr. Zaye
Twitter
Website
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if you want to live a brilliant life, ensure you do the following:
1. If you want to live a beautiful life, take the time to appreciate yourself, appreciate the things you do, how far you come and the milestones you reach
2. Be proud of who you are, until you get to that point, it’s going to be a constant battle of you trying to prove yourself to others
3. Reward yourself
4. Take ownership and be proud of what you do and achieve!
5. Always act in a manner that you would be proud to claim, whether its in work or relationships, make sure you would be proud of how you act.
6. Take some time to appreciate how far you have come and what you’ve done
7. Pride in yourself gives you greater confidence and helps to push you through those rough patches
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How do you find motivation and drive to continue? Today, we will answer those questions, the question of how to build an amazing life!
If you find yourself lacking motivation, odds are, you aren’t doing what excites you and you’re dreaming too small.
Thankfully, there’s a quick fix for that, dream big, create huge goals, and take steps towards those goals each day. Have you ever taken the time to imagine your dream life, maybe you travel the country, the world or live in a beautiful mansion on the beach? I bet your big goals excite you… you want something bigger and better in your life, but you don’t know how to get there. That’s because you’ve never taken the time to allow yourself to get really excited that it’s actually possible to create your dream life.
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