Your Wheel of Fortune - Sharma, Yogesh
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Dive into the world of financial independence with "Wheel of Fortune" a transformative guide that empowers you to break free from the cycle of trading time for money. This book offers a comprehensive roadmap through 24 insightful chapters, each designed to equip you with the tools needed for achieving financial freedom. Starting with the basics of the FIRE (Financial Independence, Retire Early) movement, the book guides you through the initial steps of understanding the difference between investments and speculation. Learn the essentials of financial intelligence ('fintel') and the simple…mehr

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Produktbeschreibung
Dive into the world of financial independence with "Wheel of Fortune" a transformative guide that empowers you to break free from the cycle of trading time for money. This book offers a comprehensive roadmap through 24 insightful chapters, each designed to equip you with the tools needed for achieving financial freedom. Starting with the basics of the FIRE (Financial Independence, Retire Early) movement, the book guides you through the initial steps of understanding the difference between investments and speculation. Learn the essentials of financial intelligence ('fintel') and the simple financial metrics necessary to track your progress. Discover the power of the stock market and real estate as indispensable tools for wealth creation and compare the virtues of active and passive investment strategies in mutual funds. The book also covers critical behaviors in financial decision-making, illustrating how alpha and beta mindsets can influence your financial outcomes. Navigate through potential pitfalls such as market risks, scams, and the emotional challenges posed by financial stress with strategies for maintaining stillness and control. "Wheel of Fortune" also provides invaluable advice on strategic planning, ongoing education through resources like podcasts, and dealing with economic factors such as inflation. As you approach the summit of financial independence, learn how to manage debt effectively, educate the next generation, and craft a personal, simplified plan for initiating your journey towards the top 20% of financial achievers. Whether you're a novice investor or seeking to refine your financial strategy, "Wheel of Fortune" is an essential companion in your quest for financial freedom, offering practical steps and profound insights to guide you every step of the way. Start turning the wheel in your favor today and shape a future where work is an option, not a necessity.
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