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  • How I compensate for my lack of intelligence
    2024/12/22

    https://www.alainguillot.com/intelligence/


    As an immigrant I have always been plagued with many insecurities, one of them being that I always considered myself less intelligent than other people.

    In school I always did poorly, I was always jealous of those who did a lot better than me with a lot less effort.

    Almost all my friends are more intelligent than I am.

    It’s not that I’m dumb. I’m well-read, and I believe I can hold an intelligent conversation. However, I enjoy spending time with people who are smarter than me.

    I can’t help but think: “Boy, if I were that smart, I’d be so much further ahead in life.” But I can’t complain. Life has been very generous to me, and through trial and error, I’ve found my way to happiness.

    Here are the traits that have helped me succeed despite not being the smartest person in the room:

    Optimism drives me to take risks because I always anticipate positive outcomes.

    Of course, my optimism hasn’t always worked in my favor. When I tried day trading in the stock market, I lost thousands of dollars—not to mention the time and energy wasted.

    But other times, my optimism has paid off. My dance school, my Photography business, my blogging, and my YouTube channel are the result of my optimism.

    Lesson: If you approach every situation with a positive outlook, you may stumble at times, but you’ll also create opportunities for extraordinary success. The only guaranteed failure is not trying at all.

    Pessimism vs. Optimism
    Pessimists often seem smarter because they excel at identifying risks and potential problems. However, their cautious mindset often prevents them from seizing opportunities.

    Optimists, on the other hand, may get knocked down occasionally, but they’re more likely to achieve extraordinary successes by taking bold risks and learning from their failures.

    Success isn’t about intelligence—it’s about consistency. If you want to achieve something, you must cultivate habits that support your goals.

    For example:

    • I write every day to improve my skills.
    • I practice speaking multiple times a week to become a better communicator.
    • I exercise daily to maintain my physical health.

    To make room for these habits, I eliminated distractions. I got rid of my TV two decades ago, canceled my Netflix subscription, and limited time-wasting activities online. These small changes have made me more productive and focused on what truly matters.

    Warren Buffett once said:

    Chains of habit are too light to be felt until they are too heavy to be broken.

    Developing good financial habits is crucial, too. For instance, saving at least 10% of your income is a simple yet effective way to build wealth.

    We’re all influenced by the world around us, especially advertisers and the culture of “lifestyle” consumption.

    While many people follow the crowd, I interpreted advertisers’ messages differently. Instead of focusing on buying brands to “be unique,” I focused on having the resources to afford those brands if I wanted to. This perspective fueled my ambition.

    Find your motivation:

    • Some people are driven by the desire to leave a legacy for their family.
    • Others are motivated by travel, status, or personal fulfillment.

    Whatever your ambition is, use it as a driving force to set and achieve higher goals. People are motivated by different things. My friend Sam, a grandfather of 10, is driven by the desire to leave something for his grandchildren. I am motivated by financial independence.

    Use your ambition as the motivating force to achieve your dreams.

    Do you consider yourself intelligent? Has it helped you reach your goals? Or, if you don’t think of yourself as particularly intelligent, what strategies have you used to compensate?

    I’d love to hear your thoughts—please share them in the comments section!

    1. Optimism: My Superpower2. Habits: Building Blocks of Success3. Ambition: A Powerful MotivatorAre you intelligent?

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    11 分
  • The HAWK Token Is Just Another Crypto Scam
    2024/12/21

    https://www.alainguillot.com/crypto-scam/

    From viral fame to crypto chaos! The HAWK Token soared to a $490M market cap in minutes—then crashed just as fast. What went wrong? 💸 A cautionary tale of hype, memes, and the dark side of cryptocurrency. Listen to the full story now! 🎥 #CryptoScam #HAWKToken #FinanceTips


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    5 分
  • How Trump’s Policies Inspired My Shift from Canadian Stocks to U.S. Small-Cap Investments
    2024/12/18

    https://www.alainguillot.com/small-cap-investments/

    Why I shifted from Canadian stocks to U.S. small-cap investments after Trump’s election. A look at how tax cuts, tariffs, and economic policies influenced my portfolio strategy.


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    8 分
  • Closing the Books on 2024: Key Market Trends and a Look Ahead
    2024/12/17

    https://www.alainguillot.com/year-end-review-2024/

    2024 was a strong year for investors with major indices like the S&P 500 (+29%) and NASDAQ (+35%) showing impressive gains. The U.S. continues to lead globally, attracting capital and talent from around the world. What's next for 2025? A look at trends in AI, energy, and pharmaceuticals. #StockMarket #2024Review #Investing #Finance


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    11 分
  • Trump’s Deregulation Agenda: Unpacking Economic Impacts and Investment Opportunities
    2024/12/13

    https://www.alainguillot.com/trumps-deregulation/

    Discover how deregulation under a potential Trump administration could reshape the economy. From energy giants like ExxonMobil to tech innovators NVIDIA, Alphabet, and Tesla, find out who wins, who loses, and where smart investments might be in the next 4 years.

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    3 分
  • How High Taxes Drive Talent and Wealth Away
    2024/12/11

    https://www.alainguillot.com/how-high-taxes-drive-talent-and-wealth-away-lessons-from-norway-and-beyond/


    Can a country really have it all—great social programs and high taxes—without losing its best and brightest? Let’s talk about how high taxation is reshaping economies and talent flows around the world.Countries are in a global competition to attract the wealthiest and most talented individuals. But when taxes get too high, wealth and talent usually go somewhere else.

    Take Denmark, for example. They raised taxes on their top earners, and guess what? Many of them left. Then Denmark had a problem, they could no longer afford their social programs. They needed the help of wealthy individuals to run the country. They lowered their taxes and the wealthy individuals came back.

    This isn’t just about money. It’s about brain drain as well. High taxes don’t just push out wealthy individuals—they also push out top professionals. Doctors, engineers, entrepreneurs—they all get lured to places with better offers, like lower taxes or fewer rules.

    So do you wonder where the wealthy go and what they do? Well France started tracking that, after France raised its top tax to 75%, many wealthy individuals left to countries such as Belgium or the U.K. and those individuals were then producing wealth for those other countries and not for France. So just like Denmark, France lowered taxes and the wealthy came back.

    On the other hand, countries like Singapore and the UAE are doing the opposite. They’re rolling out the red carpet with low taxes, fewer restrictions, and incentives for innovation. These places are now magnets for millionaires looking for a better home for their wealth and talent.

    Now, I’m not saying we should get rid of taxes altogether. Taxes are essential—they fund healthcare, education, and infrastructure. But it’s about balance.

    Look at Finland and Sweden. They have high taxes but also high social trust. People there are generally okay with paying more because they feel like they’re getting value in return.

    The takeaway here is simple: People will accept taxes if they believe they’re fair and well-spent. But when taxes feel excessive or wasted, dissatisfaction grows, and wealth looks for an exit.

    So, how should countries compete? By finding the sweet spot—a tax system that funds public services and keeps talent and wealth at home."

    What do you think? Are high taxes worth the risk of losing talent and wealth? Share your thoughts below, and don’t forget to like and subscribe for more insights!"

    This script keeps the tone conversational and easy to follow while staying under 5 minutes for delivery.




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    4 分
  • Why Real Estate Might Not Be Your Best Investment
    2024/12/10

    https://www.alainguillot.com/why-real-estate-might-not-be-your-best-investment-exploring-smarter-alternatives/

    Have you ever dreamed of becoming a landlord and striking it rich through real estate? You’re not alone, but is it really the best path to wealth?

    I have seen it many times, as soon as a nine-to-fiver has a few dollars, they start dreaming about buying a property, putting it for rent, and start collecting those elusive passive income rent payments.

    The allure of becoming wealthy through property ownership has been ingrained in our culture since the Middle Ages. However, we are no longer in medieval times, and there are far better investment opportunities available today.

    The Hidden Costs of Property Investment

    Imagine this: If everyone with limited investment knowledge buys property, what happens? Real estate becomes overvalued, and the potential for profit diminishes. When everyone is competing for the same properties on the market, returns plummet, leaving little room for significant gains.

    Many real estate investors buy properties and operate them at negative cash flow for years before they see any return on investment. Have you ever considered how much your time is worth? Many overlook this crucial factor, along with property taxes, maintenance costs, and opportunity costs.

    My landlord for example. He bought the building where I live with the hope to persuade the tenants to leave so that he could get higher paying tenants. Unfortunately for him, none of the tenants want to leave and now he is stock with a property producing negative cash flow for a few years into the future.

    Why Index Funds Might Be Your Best Bet

    In contrast, investing in index funds like those tracking the S&P 500 has shown consistent growth—over 10% per year on average for the last 15 years! This approach allows you to sit back and watch your money grow without the headaches of property management.

    Final Thoughts

    Before you dive into real estate, take a moment to explore other investment options that could work better for you. My advice? Stay away from real estate—there may be simpler paths to financial success waiting for you.

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    3 分
  • You Don’t Need a Fancy Mission Statement to Live a Great Life
    2024/12/08

    https://www.alainguillot.com/you-dont-need-a-fancy-mission-statement-to-live-a-great-life/

    It’s almost the end year, the moment when people will ask you about your goals for 2025, or they will ask you if you have a mission statement for the year. And you will be compelled to say some virtual signaling phrase that will sound good in front of your friends and on social media. For example, I will fight against income inequality, or I want to save whales, or I will fight against social injustice. You get the point.

    But let’s get real. Not every needs to say something that sounds good on social media. Your mission statement can be as simple as: ‘I want to feed my family.’ Or, ‘I like working, so I work.’ Maybe it’s even, ‘I wanna work less and enjoy life more’ And guess what? That’s totally okay.

    You don’t need a big, flashy mission to live a meaningful life. Just living your truth—whether that’s staying active, taking care of loved ones, or simply investing in the stock market—is enough.

    We are so busy creating signaling for other people to see that we don’t even know what we want for ourselves.

    So don’t stress about crafting the perfect mission. Live your life, your way. That’s the best mission statement of all.

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    1 分