The 146th suggestion in Kevin Kelly's "Valuable Advice of Life" is: Long-term and continuous small investments can create miracles, but no one wants to get rich slowly.
Let me break it down: long-term, continuous, small investments, and miracles.
Long-term refers to a relatively long period of time, not one or two days, not one or two months, and one or two years is not long-term. More than ten years can be considered long-term. Only in this time dimension can you form the accumulation advantage of time and defeat most people. You need to overcome your desire for immediate satisfaction. You need to fight against your most instinctive human nature.
Continuity means uninterrupted and continuous. No matter what happens in the middle, it cannot affect your decision. No matter what happens, your behavior continues. You have the ability and strength to eliminate all difficulties and interference. You need to overcome the laziness of fishing for three days and drying the net for two days. You need to find a reason for yourself to persist when others give up.
Small investments mean a low threshold. You don't need to be tall and tall at the beginning. You can start calmly with a monthly salary of 5,000. Many times we tend to think that investment is exclusive to rich people, and it is something that people with a monthly salary of 5,000 yuan cannot even touch. The advice given in the book is that small investments can be started. The key is the concept and awareness of investment. The smaller the amount, the more you need to learn to exercise, because experience is accumulated bit by bit, otherwise you will have no idea where to start when you really have money, or even lose all your money. Imagine that you have 10 million now. Do you know how to turn this 10 million into 20 million in five years? So, you should start accumulating experience from now on. At the same time, for a long-term and continuous thing, the advantage of compound interest can already give you a huge advantage.
Fixed investment for ten years fully meets Kevin Kelly's requirements for creating miracles. Buying big pancakes for ten consecutive years can create miracles. May we all be people who create miracles.
There are no miracles in the world, but when there are more people who are unwilling to do it, there will be miracles. $BTC