Kalshingin | Sarkin Dogarai

Dollar Cost Averaging (DCA) is an investment approach built on discipline rather than prediction. Instead of trying to guess market highs and lows, you commit a fixed amount of money at regular intervals like monthly or weekly, regardless of market conditions. When prices are high, your fixed amount buys fewer units. When prices fall, the same amount buys more units. Over time, this naturally lowers your average purchase cost per unit and smooths out the impact of volatility. The real strength of DCA is not that it always buys at the cheapest price, but that it removes emotional decision making. You are no longer reacting to fear when prices drop or greed when prices rise. You stay consistent. It also works strongly in markets that move in cycles, because volatility becomes an advantage instead of a problem. The investor who stays consistent accumulates more units during downturns and benefits when the market recovers. In simple terms, DCA shifts the focus from timing the market to time in the market. And over long periods, consistency and patience often outperform guesswork.

A former colleague guaranteed his friend to take a loan. He didn’t know the friend was trying to japa. When the guy left and defaulted on the loan, creditors kept presenting the cheques monthly. This guy couldn’t get a single Naira out of his salary for many months. If you are not sure of an individual, don’t guarantee him.

My fear has been confirmed, not investing in 20 million kids' education will make today's insecurity look like child's play in the future

Why is it that intelligent people love AI so much, I thought reverse should be the case.

You can’t outwork the whole world. There’s always going to be someone somewhere willing to work as hard as you. Someone just as hungry. Or hungrier. Assuming you can work harder and longer than someone else is giving yourself too much credit for your effort and not enough for theirs. Putting in 1,001 hours to someone else’s 1,000 isn’t going to tip the scale in your favor. What’s worse is when management holds up certain people as having a great “work ethic” because they’re always around, always available, always working. That’s a terrible example of a work ethic and a great example of someone who’s overworked. A great work ethic isn’t about working whenever you’re called upon. It’s about doing what you say you’re going to do, putting in a fair day’s work, respecting the work, respecting the customer, respecting coworkers, not wasting time, not creating unnecessary work for other people, and not being a bottleneck. Work ethic is about being a fundamentally good person that others can count on and enjoy working with. So how do people get ahead if it’s not about outworking everyone else? People make it because they’re talented, they’re lucky, they’re in the right place at the right time, they know how to work with other people, they know how to sell an idea, they know what moves people, they can tell a story, they know which details matter and which don’t, they can see the big and small pictures in every situation, and they know how to do something with an opportunity. And for so many other reasons. So get the outwork myth out of your head. Stop equating work ethic with excessive work hours. Neither is going to get you ahead or help you find calm. [The Outwork Myth — It Doesn't Have To Be Crazy At Work, 2018]

The moment you accept that you can't control the outcome is the moment you stop being controlled by it.