Hey friends,
Here's another microdose of mind expanding thoughts around the internet--curated by me, Raad—CEO of Lawtrades and maker of Spacecult.
1/ A tweet I liked
2/ A list I saved
Thomas Jeffersons 10 rules of life
3/ A line from a show
4/ A tweet I tweeted
Raad⚔ @R44D
October 14th 2020
2 Likes
5/ A rant on wealth
An asset is something that puts money in your pocket.
These include things like startup equity, songs, a computer program running at night, books, bitcoin, or stock in public companies.
A liability is something that takes money out of your pocket.
Like cars, vacations, clothes, eating out, a home that doesn’t produce cashflow.
Rich people don’t work for money in the form of income like employees do. They invest their money in assets that earns while they sleep.
Poor people work for money and invest their money in liabilities that take money out of their pockets such as mortgages, consumer loans, and credit card debt.
Very simply, wealth is what you can’t see.\
Seek wealth over money or status.
Illustration via Jack Butcher & Morgan Housel
6/ A quote I’m pondering
All negativity is caused by an accumulation of psychological time and denial of the present. Unease, anxiety, tension, stress, worry— all forms of fear—are caused by too much future, and not enough presence. Guilt, regret, resentment, grievances, sadness, bitterness, and all forms of non-forgiveness are caused by too much past, and not even presence.