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1 " Want to save some money? Test the “10 second rule” This rule is not suitable for necessities like medicine, but works like magic for non-essentials.1. The 10-second rule is triggered when you see something you want to buy. 2. Before you pull the trigger, just wait 10 seconds and then ask yourself this simple question. “Do I really need this?” 3. No matter what, walk away.4. Wait a day to revisit this choice. 5. If you still want to buy it (and can even remember what it was) do so.Does this work? Write down how much savings you have when you start the test and then when you end. Can you prove it doesn't work? "
― John Endris ,
2 " This is an extreme example, but easy math. If a $20.00 stock declines by 50% to $10.00, you will need a 100% gain to break even. Why? 100 shares of a $20.00 stock are worth $2,000.00 dollars. After a 50% decline, your investment is now only $1,000.00. So, even if the stock rebounds 50% back to the original price on the following day, your $1,000.00 is now only $1,500.00. 75% down, you need 300% to get back to even. If you were wrong on a stock. Take a loss. It's tuition. Use what you have left to make better choices. "
― John Endris , Smart Money: Ten Proven Strategies that Will Increase Your Stock Market Returns
3 " Debt is like ice. Icebergs are dangerous, but once you apply a bit of heat (attention), the giant insurmountable force becomes something harmless that you can put in a cup and drink. "
4 " Pay people quickly, and also get paid quickly too. This makes everyone happy and also profitable. "
― John Endris , The Solopreneur: Your Guide To Running A One Person Business: (For Authors, Artists, Freelancers, and Hustlers)
5 " Try beginning each week by writing down a “what is important to you” list. Then at the end of the week make a list of the “things you did with your time.” Your ultimate goal is for the “things you did” list to support the things “that are important to you” list. "
6 " Books about finance shouldn't be intentionally complex. That information should benefit everyone. "
― John Endris , A Beginner's Guide to Investing and Personal Finance: Manage and Grow Your Personal Wealth (Smart Money Book 1)
