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Unlock Financial Freedom: Secrets From A $50 Million Portfolio - Codie Sanchez

Deep Dive with Ali Abdaal

00:00

Earning Before Investing: A Strategy for Financial Success

The key insight from this snip is that in order to achieve financial success, it is important to focus on earning money first before investing. Rather than immediately investing in the stock market or other speculative ventures, the strategy should be to optimize earning potential. By prioritizing earning money, individuals have more capital available to make further investments. This can be achieved by negotiating salary increases or finding ways to generate more income. Investing should come after earning and learning, as investing without a solid financial foundation is less likely to yield significant returns. It is crucial to understand that investing is a long game, and success is more attainable when approached strategically.

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