In life, lots of people know what to do, but few people actually do what they know. Knowing is not enough! You must take action. - Tony Robbins

in life, lots of people know what to do, but few people actually do what they know.

The power of compounding doesn't just apply to money.

It applies to your mindset. Your relationships. Your health. Your standards. Your identity.

Because it's not what we do once in a while that shapes our lives. It's what we do consistently.

Most people overestimate what they can do in a year and underestimate what they can do in a decade.

Thus it’s critical that — on a daily basis — we stand guard at the door of our mind, that we know how we are consistently representing things to ourselves. We must daily weed our garden.

Third, they could utilize a risk-parity portfolio. Remember, this is a very different approach than just balancing the dollar amounts you have invested in assets — which is the basic diversification strategy that almost everyone else in the industry utilizes. And it’s a strategy that anyone can implement.