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Thinking backwards
By Rainbow Coin  •  September 19, 2021
This is also known as "begin with the end in mind". Let's touch on two common things here - goals and rewards.
Goals

Determine your goals / the desired end points, then work backwards in your mind. 

Yes, something like a rewind movie play where you start by visualizing your future self with what you have achieved and slowly back to the current state. 

In going through the thought process, it might suddenly become clearer what you have got to do at this moment in your life. You might even manage to spot an obstacle or two.


In the midst of it, ask yourself some of these questions...

Is the goal that you are setting out to achieve realistic? Are the obstacles able to be overcome or circumvented?How much time is required approximately?Would you do better to modify or seek out alternatives?


It is unwise

...
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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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