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Ask HN: What advice would you give to your younger self?

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31–40 of 78 posts

Re: Ask HN: What advice would you give to your younger self?

#32

Index funds with dividends reinvested. Put more in, sooner.

To self: 1. Read Graham's intelligent investor. 2. Discover the Harry Browne ("Permanent") portfolio sooner ( http://gyroscopicinvesting.com/forum/permanent-portfolio-dis... ). 3. Investigate a brokerage window account through your company's retirement plan earlier. 4. Pay attention to P/E and P/B ratios. 5. Review the holdings of your index funds and consider whether ownership of growth stocks is acceptable to you. 6. Consider investing in value or dividend-growth index funds rather than a generic S&P 500 index.

Re: Ask HN: What advice would you give to your younger self?

#33
Listen to your mentors and keep them close at hand. I was lucky to have a number of good ones early in my career. When you have a tough decision to make, seek their advice, don't bear it alone.

When I found myself without a mentor for a period of time, I tended to go astray.

Re: Ask HN: What advice would you give to your younger self?

#37
- Eat properly. You will feel and look like shit if you don't.

- Sleep properly. You're gaining nothing by staying up to 4am, for some misplaced fear of missing out.

- You are worth more than you think.

- Surround yourself by people smarter than you. Ask for their help. You will learn more this way.

- Stay curious. If you're convinced that you know it all, you're probably entirely wrong.

Re: Ask HN: What advice would you give to your younger self?

#38

Earlier quoted context omitted.

What do you mean by "cycling"?

Riding a bicycle. I find cycling very satisfying for all sorts of reasons, and although it can seem easy to compromise on cycling (infrastructure isn't there, car is easier, whatever) it's a joy when it's happening.

Follow-up to that. If you go into cycling do not bother about equipment, but about the cycling.

Re: Ask HN: What advice would you give to your younger self?

#39
post #6

- Work on becoming self-suficient. Don't rely on a job. - Jobs are just a means to an end. Not the main part of your life. - Stress is never worth the moments of happiness it creates. Hard work is. - Put yourself through hell. You will find out who you are and what you want. - Don't trust the media or mainstream thinking. They're in it for the money. - Most people are emotional. If you use logic and reason, you will…

"- Most people are emotional. If you use logic and reason, you will fail miserably." Can you explain this one further please?

It is an excellent piece of advice! What I think he means is that most people don't react to what you do but how what you do makes them feel. People that are geared towards logical thinking should run a small emulation inside their head of how their actions would make their loved ones feel in response to their actions or inactions (yeap that last one is more tricky...). It doesn't have to be rational or fair all the time and requires you either are similar to that person so you can predict what they will feel or that you understand that person and can imagine what they would feel.

If you are a logical person and you don't master this then people will think you are inconsiderate and will subconsciously punish you for your lack of empathy...

EDIT: To emulate better the opposite sex seek advice from a completely honest outspoken friend of that sex.

Re: Ask HN: What advice would you give to your younger self?

#40
post #25

-Work to live, not live to work. -Time is your most valuable and most finite resource. Don't waste it on working 24x7 for companies who will take advantage of your desire to do so. -Ask yourself if what you're doing will matter to anyone in 10 years, 5 years, tomorrow. Especially in a corporate environment. -Never sacrifice friends or family for work. There will always be work; you will lose (in some way, drifting or…

Could you please clarify on the last point?
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