Typing Exercise

7 powerful lessons from the book "The Psychology of Money"

1. Compound Interest is the Eighth Wonder of the World: Understanding the power of compound interest is crucial for long-term wealth building. Small, consistent investments can yield significant returns over time.

2. Risk Comes from Not Knowing What You're Doing: Investing in things you don't understand is a surefire way to lose money. Educate yourself and invest in what you know.

3. Never Lose Money: While it's impossible to avoid all losses, it's essential to prioritize capital preservation. Avoid risky bets that could wipe out your savings.

4. Patience is a Virtue: Investing is a long-term game. Avoid impulsive decisions and focus on a patient, disciplined approach.

5. Luck Plays a Role: While skill and knowledge are important, luck also plays a significant role in financial outcomes. Embrace uncertainty and don't take success for granted.

6. Save Money, Don't Just Invest It: Building an emergency fund is essential for financial security. Don't risk your savings on speculative investments.

7. Financial Independence is Freedom: Financial independence allows you to live life on your own terms. Strive for financial freedom, but don't let it consume your life.

Reading Life: a Facebook Page

surefire: certain to be successful or to happen as you expect

virtue: behavior or attitudes that show high moral standards

speculative: based on guessing or on opinions that have been formed without knowing all the facts

Online Dictionary Used: www.oxfordlearnersdictionaries.com

標點符號與隨後的英文字母之間要留空位「。」、「 .」、 「、」、「 ?」 及「 !」 後要留兩個空位，其他標點符號後要留一個空位，否則會被扣分。