Michael T. Haas is a financial and real estate professional with years of investment experience and success. Though the seasoned pros often make investing look easy and fun, beginners shouldn’t jump into the field without making sure that they’re well-educated.
Those with the experience of someone like Michael T. Haas will often impart wisdom such as the points outlined below to all new investors:
- Don’t Put All of Your Eggs in One Basket – Diversification is among the most important investment rules, and it can be remembered with the classic adage of “don’t put all of your eggs in one basket.” Your investment funds should be spread across different types of investments for the security. A complete stock and bond portfolio with global diversification is best.
- Fees are Part of the Deal – Investing is rarely free. Investment professionals charge fees, as do investment platforms and other options like mutual funds or exchange-traded funds (ETFs). Know your fees before you invest and remember, if it sounds too good to be true, it probably is.
- Taxes are Still Relevant – Taxes will likely have a big impact on your investments. When you cash out, you’ll have to pay capital-gain taxes, and various factors will affect how much you owe. For example, long-term investing is cheaper than short-term investing, and you can contribute to a 401(k) plan tax-free (until you withdraw your funds, that is).
If possible, look around your area for a seasoned professional similar to Michael T. Haas and request mentorship aid. Often, these businesspeople will happily help you begin your investing career through mentoring.
Michael T. Haas is a driven professional with decades of experience and a track record of success. He leads a simple life with a focus on minimalism to guide him in both career-related and personal endeavors.
If your first thought about minimalism is interior décor, you’re missing the elements that often attract pros like Michael T. Haas. Consider the following first steps for living a minimalist life and you’ll see how they double as perks:
Save Money – Creating an emergency fund can simplify everything. Minimalists often place saving at least $1,000 above paying off debt so that, if an emergency arises, handling it is easy. This reduces stress and makes issues pass more quickly.
List the “Whys” – Many minimalists begin with a list of whys. This list includes all of the reasons that they wish to simplify their lives, and it can serve as daily motivation. Your list might include things like getting out of debt, hating your boss or wanting more time for you; whatever your motivators are, write them down. This helps organize your mind, motivate you and give you a heading.
Decluttered Work and Living Spaces – Decluttering your spaces makes them more functional and less stressful. Even if you start with just a small clutter-free spot in your home or office, and then expand it slowly, it can help you be more organized and less hectic from day one.
If you plan to incorporate minimalism into your routine, don’t begin be emulating those like Michael T. Haas. Instead, find your own way of minimalism so that it will best benefit your life.
Michael T. Haas, a successful venture capital investor, is a motivated entrepreneur who works to improve both himself and his career whenever possible. Like many driven professionals, one of the ways that he maintains both is through regular exercise.
It’s no coincidence that successful professionals like Michael T. Haas often have killer workout routines. In fact, the benefits of exercise provide a number of perks that can help you go further in your career. For example, by starting an exercise routine, you naturally do the following:
- Oxygenate Your Brain – Your brain uses approximately twenty-percent of the oxygen circulated in your blood with each pump of your heart. Because exercise increases your pulse, it causes blood to circulate to your brain more frequently, which allows it to absorb more oxygen. An oxygenated brain is a healthy brain, and it might improve your memory or help you think faster, both of which offer obvious benefits in the workplace.
- Increase Energy and Reduce Fatigue – A tired, low-energy businessperson is unlikely to keep up with energetic peers. Because exercise combats fatigue and increases energy, even in those suffering from chronic fatigue syndrome, it can give you more of an edge than coffee ever will.
- Reduce Anxiety and Depression – Modern depression and anxiety treatments often involve an exercise routine, and with good reason. Exercise regulates hormones and, even in individuals without diagnosable conditions, it helps even moods and make people’s emotions more stable in all situations.
Don’t take the word of pros like Michael T. Haas on the benefits of exercise. Instead, try it for yourself. Follow a regular exercise routine – with at least 150 minutes of activity per week – for around three months and you’ll see the difference that it makes in your life.