PLTR
Palantir
-- 80.550 TSLA
Tesla
-- 421.060 NVDA
NVIDIA
-- 134.700 AMD
Advanced Micro Devices
-- 119.210 RGTI
Rigetti Computing
-- 9.3700 
The Stoic Triangle of Wealth: How to Live Well and Be Rich
The Stoic Triangle of Wealth: How to Live Well and Be Rich
- Exploration of merging Stoicism with wealth-building.
- Achieving wealth through a Stoic approach leads to a peaceful and richer life.
The Stoic Triangle of Wealth:
1. Focus on your true desires:
- Desires are often divided into societal desires and genuine desires.
- Prioritize what you deeply enjoy over what society expects of you.
- Financial freedom means living your ideal day without relying on an undesirable job.
- Important to discern between genuine desires and external pressures, like social media influences.
2. Compound your earnings:
- Prioritize peace of mind.
- Importance of saving for an emergency fund, starting from one month's expenses up to a year’s worth.
- Begin investing after establishing an emergency fund.
- Emphasizes passive income and the finite nature of time.
- With consistent saving and investing, financial freedom becomes attainable.
3. Protect your capital:
- Emphasize on protecting investments and avoiding high-risk, high-yield temptations.
- Continual learning about investing is crucial.
- Patience is key; it's better to gain wealth gradually than to risk quick, unstable methods.
Reflection on Consumerism:
- Attraction to a simpler life with fewer possessions.
- Ownership is fleeting; we never truly own anything permanently.
- Personal anecdote about selling a car and the realization of temporary ownership.
- True wealth aligns with the Stoic Triangle, emphasizing genuine desires, peace of mind, and financial wisdom.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment