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What Are Some Unpopular Opinions About Personal Finance/investing? - Investment - Nairaland

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What Are Some Unpopular Opinions About Personal Finance/investing? by NgHotGirls: 3:07pm On Feb 17
What are some unpopular opinions about personal finance/investing?

Here are mine:

- money does buy happiness
- materialistic items make you sad
- you’ll learn more about wealth from books than you will from college
- budgeting on spreadsheets is a waste of time (use apps instead)

I’ll add more as I think of them

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Re: What Are Some Unpopular Opinions About Personal Finance/investing? by femi4: 3:59pm On Feb 17
Don't quit your work even if you do business

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Re: What Are Some Unpopular Opinions About Personal Finance/investing? by Slyzen(m): 4:44pm On Feb 17
Invest in yourself first (e.g. financial knowledge, marketable skills, etc.) before investing a penny into any external investment.

Everything in business and investment revolves around you and your decision-making. The better you are as a person, the better you can do in business. Inpatient people would not agree to this, but time will always tell.

In 10 years or 20 years time, you'd see the difference between those who invested in themselves first and those who like taking hasty uninformed decisions.

Just take a look at people like Warren Buffet, Jeff Bezos, Elon Musk, Mark Zuckerberg, etc. These are people who chose to invest in themselves first, and now they are the best in their respective field.

Don't just take my word for it. If you're reading this right now, test it for yourself. Choose one field or area of expertise you love. Develop yourself in that field either through schooling, self-education, or apprenticeship for the next 5 years. Endeavor to learn all you can and try to be the best in doing that thing. Come back in 5 to 10 years and you'll notice the world of difference between you and many others who choose to pursue money without investing in themselves first. Just try it and see for yourself.

Self development is the basis of all human endeavor.

This is an unpopular opinion and only few people subscribe to it.

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Re: What Are Some Unpopular Opinions About Personal Finance/investing? by NgHotGirls: 4:28pm On Feb 20
femi4:
Don't quit your work even if you do business
why?!
Re: What Are Some Unpopular Opinions About Personal Finance/investing? by femi4: 7:42pm On Feb 20
NgHotGirls:
why?!
Your work might just be what to fall back on in the teething stage of your business
Re: What Are Some Unpopular Opinions About Personal Finance/investing? by NgHotGirls: 7:11pm On May 16
cool
femi4:
Don't quit your work even if you do business
Re: What Are Some Unpopular Opinions About Personal Finance/investing? by AlphaSoul: 1:26pm On Jul 24
Slyzen:
Invest in yourself first (e.g. financial knowledge, marketable skills, etc.) before investing a penny into any external investment.

Everything in business and investment revolves around you and your decision-making. The better you are as a person, the better you can do in business. Inpatient people would not agree to this, but time will always tell.

In 10 years or 20 years time, you'd see the difference between those who invested in themselves first and those who like taking hasty uninformed decisions.

Just take a look at people like Warren Buffet, Jeff Bezos, Elon Musk, Mark Zuckerberg, etc. These are people who chose to invest in themselves first, and now they are the best in their respective field.

Don't just take my word for it. If you're reading this right now, test it for yourself. Choose one field or area of expertise you love. Develop yourself in that field either through schooling, self-education, or apprenticeship for the next 5 years. Endeavor to learn all you can and try to be the best in doing that thing. Come back in 5 to 10 years and you'll notice the world of difference between you and many others who choose to pursue money without investing in themselves first. Just try it and see for yourself.

Self development is the basis of all human endeavor.

This is an unpopular opinion and only few people subscribe to it.
Word!

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