Most importantly, always always always do your research before buying any kind of asset. Make sure that the risk justifi

In October 2019 I told the board that I planned to transition out as CEO. I prepped for the conversation with my management coach and some CEO friends, but I was still terrified of the potential reaction. I then followed up with this email (included here with their permission). I have changed nothing in the note (not even a typo) other than redacting email addresses. Once again, I’m not sharing this information because I think it was the perfect way to handle the situation, but so others might be able to learn from my experience. I certainly wish I’d had examples to lean on.,When you have your money invested in assets, you should be keeping as much of that money invested for as long as possible. If you start to take out that money before retirement to spend it lavishly, then you may find yourself out of money when you do actually need it in your later years yet can’t work to earn it.,At the end of the day, you are paid in an amount that you have the skill to earn. If you want to increase your income and make more money, then you need to become wiser and more skilled so that your contributions are worth more.,Out of all the expenditures one makes in their life, their home is usually the largest. It will be a huge advantage to you if you can somehow leverage the money you put towards your home to your advantage, to earn you more money like any other asset.,The discovered remnants of ash were mixed with natural insecticides that abraded insects’ exoskeletons, dehydrating, and even killing them. These fossilized beds bear testimony that early humans not only built cosy homes and comfortable beds. They also knew how to create pesticides, insecticides, and lived in good conditions. They were, in fact, more sophisticated than we originally thought — exhibiting cognitive, behavioural, and social complexity.,This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any major financial decisions.,On top of that, time will work to your advantage with asset growth, especially with compound interest on your side. Retirement and tax-free savings accounts are also a great thing to leverage here. If there is any way to increase your methods of getting money and reducing your taxes while you don’t work, do it. Use every advantage that you can when it comes to long term wealth building. Even seemingly tiny 1% gains add up big over decades.,The most common way to leverage your home to make money is to buy a house. Houses have grown at nearly the rate of the stock market over the past 100 years. On top of that, you can upgrade them through renovations to add value to the house. The best part: your primary home often comes with numerous tax advantages, including any appreciation in value being tax-free in some countries!,Ancient humans didn’t have one of those fancy mattresses you own, but they were very clever in putting together a comfortable place to sleep on. Archaeologists have discovered remains of cosy grass beds in Border Caves of South Africa, suggesting the existence of beds 200,000 years ago. They laid their beddings above an ash layer to create a dirt-free environment and repel crawling insects.,No one works forever. You will be old one day, perhaps still able to work but not at the same level as you did in your younger years. It’s important to plan for such things.,You can pay for online or night classes to upgrade your credentials. You can study new technical skills on your own. You can read books to learn more subtle yet powerful soft skills. You can go to networking events. Anything that can increase your value to society where people are willing to pay you more.,That being said, buying a house is not the end all be all strategy. Renting a home can also be a viable option, especially in the short term. The money you save by renting and not paying a mortgage can be invested in other places such as stocks, bonds, cryptocurrencies, and more in order to diversify your assets. The prices of houses in some major cities are actually so high that renting and investing the spare money actually makes you more wealthy over the long term. There are rent vs. buy calculators if you want to do some calculations on this yourself.,This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any major financial decisions.,As a data scientist, you might be faced with tabular data that has at least one text-based column. Whether they are names, addresses, or company names, in my experience, these almost always need to be cleaned as they are often filled by people and therefore highly prone to errors.,This kind of learning should be targeted. If you go read a book about spaceships, but you work in sales, then it won’t really help you make any more money (unless you’re a salesperson in the spaceship business). Look at the potential return-on-investment for every skill upgrade. That way, you’re always positioning yourself in a way that increases your income.