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Deep Dive with Ali Abdaal  cover image

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

Deep Dive with Ali Abdaal

NOTE

Taking Risks Whilst You Are Young - Learn, Earn, Invest

It is advised that when you are young, with little responsibilities, you should take big risks as the fear associated with risks grows with more responsibilities. Failure is not a big concern when you are young. Instead of investing money in traditional ways, invest in yourself by learning new skills and increasing your earnings. Focus on acquiring knowledge, developing negotiation skills, or starting a business to gain practical experience. Additionally, it is highlighted that speculating in investments is not as beneficial as owning solid assets for the long term. Investing in oneself and acquiring skills early on is seen as a valuable strategy that can lead to more substantial returns in the future.

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