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Such a great take. How can I help with your business/scaling?
You are easily one of the most authentic voices out there!
Sameer Nizamuddin Mobile: +1.919.271.4022 LinkedIn: https://www.linkedin.com/in/sameernizamuddin
37 is a little late but not too late. I work in the investment industry and very often I see investors making speculative risky bets to get rich quick. They chased the hottest themes, the hottest stock, some used too much leverage. They didn’t have a realistic plan at all. Most of the time, it didn’t end very well for them.
After many repeated mistakes, a few eventually realised that there had always been a safer and more certain way of investing and compounding their money. If only they had stayed disciplined and stick to textbook investing, it would have made them the money they wanted. It just needed time. Sadly, when they finally realised that, they had already lost too much time.
At 37, I would recommend starting with a realistic plan to invest and compound your money. Think long term and steady returns. Explore strategies to tweak and enhance your returns, but always check if those strategies are realistic and time-tested. Then I would start looking at ways to build passive income like a side hustle. The goal is to boost your income, so you can save and invest even more. Otherwise, learn relevant skills to upgrade your career.
Think on the bright side. You have a good 23 years before you are ready to retire. And you can achieve a lot more than you think in that 23 years.