any life advice for a 20yo? also does manifestation actually work

[sandhu@thelemmy.club]

20, trying to figure life out . doing trading, learning dispatching, studying too, its a lot at once. feel like im always in grind mode and forgot how to just enjoy stuff. currently im financially dependent on my parents...

had some bad losses in trading lately, took a short break and now trying to actually fix my risk management before going back in

if you're older and already been through your 20s, what do you wish someone told you back then? like what actually mattered vs what you thought mattered at the time

also anyone here into manifestation/law of attraction, does it actually work for you? not asking to like wish for money lol, more curious how you actually get into a good headspace and stay there day to day

any advice helps, thanks for reading

[like attracting money , travel etc ]

[hikingvet@lemmy.ca]

Manifestation doesn't work.

You set goals and work towards them. Discipline, work and the ability to learn from your mistakes will take you further than wishing on a star.

[wizardartspropaganda@lemmy.world]

Isn't trading nearly the same as gambling if you're not good at it? Well even if you're good at it is still gambling.

[shittydwarf@piefed.ca]

I wish someone had told me index funds only, forget trading, just grind compound interest for decades.

Also: lift barbells, floss, read more doom-scroll less.

[thealbatross@lemmy.blahaj.zone]

Manifesting is bullshit without action. Making a plan and sticking to it works. Action is the antidote to dispair.

Trading is gambling. At least craps comes with free drinks. Anyone saying they have tricks to get rich fast or attract money is trying to part you from yours.

You are young and you have a lot more energy now than you will later in life. Don't waste it working. Make a point of having fun. Money isn't everything, don't worry about getting rich, worry about making enough to get by comfortably. Companies don't reward hard work and loyalty like they used to. Get in, do your work comfortably, and get out.

Spend more time with friends and loved ones. Make connections and relish in them. They matter far more than any career. Be young and stupid and have fun. It'll be harder in your 30's.

Find a sport you actually enjoy and do it. Preferably one with other people so it's a social activity. Learn to cook vegetables you like to eat. Don't eat fast food, drink lots of water. Get a face cleanser and use it daily. Be kind and help others, it's on us to repair the world and make it a kinder place for all people.

But above all, have fun and enjoy this time

[petteripano@lemmy.world]

I was fortunate enough to be in a place where university was free, and you even got enough support to live on bare essentials. If that's your case, study. Don't put yourself in a deep hole to go to school - but do learn on your own.

There's no way easy to get rich. Day trading is hard. Saving funds are usually a safe bet. It's hard to put down 10% of your income there without a goal. What are your saving for?

[sanctus@anarchist.nexus]

Fuck day trading, make shit. To me, manifesting isn't just wishing. Its focusing your mind so much that you make it happen. Granted, it has to be something actually achievable in the first place. What you need to do is find a passion for something thats real. The stock market isnt real.

[stoy@lemmy.zip]

Day trading = day gambling

[stoy@lemmy.zip]

I work in the finance industry.

Day trading = day gambling

[alamar@lemmy.world]

I'm going to latch onto another part of what you said rather than focusing on trading or manifestation. What in the world do you do for fun? If you're trading in any way that has the chance to make you a profit you're already commits multiple hours a day to this if not a few hours a week (honestly you shoudn't really be trading right now, you should, if you're able, be saving most of your money you're trading into an etf and just let it sit and accumuluate, but that's beside the point), on top of learning dispatching (which I don't know what you mean but that's my own ignorance), and studying. Literally what do you do for fun that doesn't put your money on the line? What do you do that makes you feel good as a person? Because I can tell you what's on the other side of all this grinding you're doing without having any time to enjoy yourself, and that's depressed and burnt out, if you're not already there.

[sandhu@thelemmy.club]

thanks bro for your advice , writing this in my notebbok that i have to work on it ..

[thepowerofgeek@lemmy.world]

I agree with others here: manifestation is nonsense. Or at least it's a sloppy way of describing the idea of careful planning and hard work, but without that careful planning and hard work. Wishing for something to come true without doing the hard graft is a losing proposition.

On the "things I wish someone had told me back then":

• Start investing in index funds. Steady saving as early as you can on low-fee investments with more stable returns is the way to go. It's not as glamour or exciting as day trading, but it's the safer and smarter approach. Keep more volatile trading limited to a limited budget of 'fun money'. Treat it like gambling on horses or playing poker - assume you will be flushing that money down the drain, and once you've hit your fun spending budget don't go behind it, even by a penny.
• Don't take your health for granted. Find a sport or exercise you really enjoy and lean into it. Soccer, basketball, martial arts, gymnastics, going to the gym, Street running, cycling, baseball, or whatever. You don't have to be good at it, you just have to enjoy it. Your proficiency will increase with practice.
• Watch your diet for too much sugar, salt, ultra-processed foods, etc. When you're in your early 20s you'll probably feel like you're indestructible. But the decline without watching your diet (and without regular exercise) is slow but insidious.
• Take time out to just connect with your environment, friends/family, and yourself. Connect with nature. Practice mindfulness and meditation. Do yoga (that shit is deceptively amazing!).

[kolanaki@pawb.social]

Thr only laws of attraction that are real are gravity and magnetism.

[hapankaali@lemmy.world]

Quitting gambling would be a good start.

Aside from that, just finish your studies and take it from there.

[logi@lemmy.world]

Self confidence works. Believing you can manifest can give you that confidence.

[oka@sopuli.xyz]

Manifestation doesnt work like the believers think. It works practically, in a sense, such as having conscious or subconscious goals and attaining them. If you want something, you'll work towards it with or without realizing it.

[gon@lemmy.dbzer0.com]

Yo! I'm 25 years old, so not quite a wisened ancient, but I think I still have some good advice to dish out to a youngster such as you.

MANIFESTATION DOES NOT WORK!

Actions work. You want money? Find ways to make money. You want to travel more? Find the time and the funds to travel. Wagering your success on wishful thinking is nonsense, and I say this lovingly.

If you want a better headspace, I suggest journaling; it doesn't need to be serious or regular, just write down your thoughts and think through your options on paper, process your emotions in ink.

Also, taking some time once in a while to clear your head can do wonders. No music, no books, no videos... Just you and your thoughts. Sit on a park bench or just in your room and be quiet. Relax. I like to do this on my daily walks; I call it "raw-dogging the world", and it's a little weird at first, but it's good.

TRADING IS TOO RISKY

Look, I know some people can do it and succeed, even long term, but you have no reason to believe you're one of those people. You know how I know you have no reason to believe it? You have no industry backing. I suggest you get off trading and do some long-term, boring, diversified investment and stick to it.

Trading can be part of a good investment portfolio and strategy, especially if you're willing to put time into learning how to do it well, but it should never (and I mean never) be the way you make money, unless you have institutional capital backing you. Which you don't.

If you're American, maybe you can stick to an S&P500 index fund and be satisfied; I prefer an all-world fund.

Seriously, trading should be maybe 5 in every 100 bucks you invest, if you're crazy. If you're sane, it's 0.

Physical Fitness

Please, please pay attention to your physical fitness. I was very fat (obese) at your age, and it was terrible. At the time I didn't realise just how terrible it was, but when I shed the weight I felt like such a moron for having been so unhealthy for so long. Also, I was so weak! I'm not strong, per se, but even the little working out I have done in the years since has changed my life.

Seriously. Eat right, stay at a healthy weight, and do some basic exercises regularly. Go for walks or something, some push-ups and squats, nothing fancy. Just stay reasonably physically fit. It will pay dividends later on, but it will also feel WAY better RIGHT NOW! I swear.

Career

I'm still figuring this one out, but so far my strategy of aggressive upward mobility has worked out fine. Don't be afraid to change jobs, send out applications to random stuff that seemingly doesn't fit your experience level or CV... Just, try to get a job you don't hate and that pays good enough, and then try to get a better job (or a raise). Again, definitely don't take this as gospel or anything (you should take the physical fitness advice as gospel, by the way; I'm serious, it's insane the difference it makes), but it's what's worked so far.

Friends and Hobbies

I regret letting go of my social life entirely. I'm very asocial and bad with people, but it can be fun if you know how to balance it with everything else, and it gets really much harder to get back into being social after you've gone years without engaging with anyone. So, get friends and stay in touch! Just a little, if that's all you care to do, but at least do something so you don't lose them.

For hobbies, I definitely think that spending hours doomscrolling on TikTok was a terrible mistake I was making at your age. Or YouTube. Seriously, read more. Read literary fiction, old books new books, any author, whatever. Just read more. Non-fiction too, from actual experts (not wannabe gurus that pump out self-help drivel). Read more, learn more about a variety of subjects, educate yourself.

Again, these are things that I noticed I failed at at your age, and now as I have changed or am still changing my habits and priorities, I'm seeing the difference it makes.

Parents

I don't know what your parents are like, but my parents (and my family in general) is very helpful and supportive. If you can rely on them, do rely on them. It's OK. But also, make sure to spend quality time with them and pay back their efforts with love and appreciation, and probably most of all, pay them back by being happy. If you're feeling unhappy, if you feel stuck or lost or anything like that, speak with the people you can trust and rely on, and let them help you. They want to see you happy, and they will do right by you if you let them.

This is my experience, and I do hope you can do that too, though I realise it might unfortunately not be the case.

[my_ifaks___gone@lemmy.world]

I was going to say something, but this nailed it. Seriously, index funds. Trading is just gambling, not investing. The index funds I tend to recommend are super boring: 60/40 split between VT and BNDW. The ones I actually use are even more super boring: 40% VTV, 20% VXUS, 40% BNDW. Boring, but (as) reliable (as can be hoped for).

But I can't resist saying more. Focus more on self improvement/learning activities and hobbies that bring you joy than seeking validation from others. Finding something you enjoy doing, mastering it, building a network of hobby peers, will lead to validation from within as well as organic respect from others. Try to find ways to volunteer your time, labor, and skill in ways that helps others at or below your degree of fortune. A happy community breeds happy individuals, who create a happy community.

[lokalhorst@feddit.org]

So when I was 20 I didn't have money, but as the others have said, just do boring index fund investing. My greatest advice is, exercise at least moderately. A lot of people including myself only start with 30. I am glad I did as 5 years later I start feeling the pain of getting older, but I wished I started way sooner.

The other thing I can recommend is finding hobbies that make you happy, it does not matter how weird they are. Go running in the woods, collect old news papers, get into board games, play tennis, contribute to openstreetmap, hell do whatever. Don't make finance or cryptosystem your hobby.

Regarding the manifestation / headspace stuff - sounds pretty esoteric to me. Reminds me of young insecure man that write stuff like "be successful" on their mirror. I hope that's not what you're into, if yes, stay away for your own sanity.

[sandhu@thelemmy.club]

thanks broski for your valuable advice , will work on it and try to improve all these fields of life ..