This article is translated from “A Gift to My Children” by investor Jim Rogers. He has two daughters, and this book, A Gift to My Daughters, a letter to his two daughters, was published in 2009 and is sincere, heartfelt and full of wisdom.
1、Always buy high-quality goods, they are not only durable, but also have high residual value.
2, before you go to purchase Food, remember to eat enough. If you are hungry, you will buy back a lot more food than you need.
3, any labeled “must see”, “must read “, “must try” label, are to Avoid, especially the popular, more to retreat. Maintain a good upbringing, no matter where you are, no matter who is across the street. This can permanently set you apart from others. In any society, you have to enter the country and follow the customs.
4、Wherever you are, be wary of people who are in politics, they are also the ones who are in school, the great may not be good.
5, never ask someone how much money they make and how much something is worth. Don’t tell people how much money you bought something. Do not talk to people about how much money you make and how much money you have. This is a deep-rooted tradition in our Family, since my grandfather’s generation, we all follow, because talking about these things not only sticks out, but also lacks Education, at least for our family. Prove yourself by your actions, not by talking about money. Today many people like to talk about money, but I do not want you to do so.
- If you borrow money, make sure you pay it back early, or at least on Time. Good credit is vital, and a bad credit history will haunt you for many years.
- When you grow up, you will be dealing with boys. I hope to always give you advice and warnings. The basic rule in dealing with them is to remember that their need for you is far greater than your need for them. When they are chasing you avidly, they will make a million promises. To tell you the truth, I can say such pretty things better than they can. Just ignore them and be honest with yourself. Use your common sense when you hear ridiculous promises, flattery, and compliments. Don’t follow the boys as they change schools, move, or change jobs. Let them follow you.
- When you are older, know that you have little to gain by going to the bar alone. The young men at the bar know and experience much more than you do, and they will take advantage of you.
9、Be wary: many people who look the same age as your father or grandfather do not think of you as his daughters or granddaughters.
10, do not get married before you are 28 years old, only at this age, you will understand yourselves, the world.
11, a very important point: to distinguish a good boundary between work and Life. Do not go to eat and drink with your colleagues after work, you will find that the bosses never do so, so they are the boss. There’s never a need to go drinking with your boss, especially if the two of you are alone. Never drink alcohol at a business lunch. Finally, and very importantly, avoid office romances. The affair always ends in personal and professional tragedy.
12、Remember to go to the bathroom before driving long distances or showing up in public.
13、Learn to type and sew, I can’t, so I often regret it.
14、Learn mental arithmetic, although there are calculators everywhere, but mental arithmetic will make you more sensitive to the numbers, so you can find opportunities that others are blind to. Mental arithmetic can benefit you for life.
15、Take care of yourself. It is difficult for a person to succeed if he or she is not well and rested. You know that your mother always put sunscreen on you, and she is right.
- Remember to be calm when faced with stress and chaos. This will allow you to make sober decisions and also allow others to notice your cool composure. I often get hot-headed and now often regret it.
17、When you have an appointment with someone, make sure you arrive early. By doing so, you not only keep yourself productive, but also give a good impression, because most people are late, and others are late every time.
18、Once you have a clear understanding and appreciation of yourself, remember who you are and keep it. I still sometimes get lost and get emotional or do things I’m not good at. When looking back, I really want to kick myself and keep myself honest with myself. For example, when I invest, I sometimes follow my feelings. I often regret that I didn’t stick to the territory that I was best at, whether it was investing, or doing something else.
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