Let 2019 be a great year by improving your well being and psychology on every day events. Knowing what you don't know has been one of the best ways in which I've improved upon myself over the last decade and has helped me to expand in numerous ways.
Know what you (don’t) control
Consider the formula of compounding, where –
Future Value = Present Value x (1 + Rate of Return) ^ Time
What excites most of us in this formula and where we wish to exert the maximum control and expect the greatest certainty is the ‘rate of return’. This is despite that it is the only variable in this formula that is tentative and most uncertain, and beyond our control.
Here are 50 other great lessons and tips for the future: here
Know what you (don’t) control
Consider the formula of compounding, where –
Future Value = Present Value x (1 + Rate of Return) ^ Time
What excites most of us in this formula and where we wish to exert the maximum control and expect the greatest certainty is the ‘rate of return’. This is despite that it is the only variable in this formula that is tentative and most uncertain, and beyond our control.
Here are 50 other great lessons and tips for the future: here
