The first step to getting rich is having cash available. You arent saving for retirement. You are saving for the moment you need cash. Buy and hold is a suckers game for you. This market is a perfect example.
Right at the very moment when cash creates unbelievable opportunity, those who followed the buy and hold strategy have no cash.
Cash is king for those wanting to get rich
Investing your time in yourself and becoming knowledgeable about the business of something you really love to do
Before or after work and on weekends, every single day, read everything there is to read about the business.
Booms are when the smart people sell. Busts are when rich people started on their path to wealth.
You will know when that time is here for you because you will know your business inside and out. You will be ready because you will have been saving up for this moment in time.
When everyone was following the crowd, they kept on saving their money and avoiding the temptation of group think.
https://addicted2success.com/success-advice/billionaire-mark-cubans-advice-on-how-to-get-rich/
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