Easily spend 600 AED and difficult to Invest it

In a world where every dollar counts, it’s intriguing to explore the choices we make about where our money goes. Recently, I had the opportunity to attend a Dave Chappelle show in Abu Dhabi, which cost me 600 AED. Though a fan of his work, this experience led me to a surprising reflection about entertainment spending in general.

Is spending 600 AED on a single session of entertainment a wise choice?

This amount could easily cover my basic needs such as food and clothing for a significant period. It raises a question about the broader economic implications and our personal values. Or even  weekend getaway.

Why do people decide to spend in what might seem like fleeting experiences?

History shows us that entertainers have always played a role in society, from the jesters in royal courts to the comedians on today’s global stages, and the transformation in how they are valued is a mirror reflecting our evolving society and economy.

This scenario makes one wonder, if an alien were to visit us, would they find amusement in our seemingly frivolous expenditures?

This isn’t just about budgeting but understanding the intrinsic value we place on joy and diversion. It’s a dialogue worth having.

What does your spending on entertainment say about your values?

The Courage to be ” Disliked & Happy” Journey of two books

With Ichiro Kishimi and Fumitake Koga through their enlightening works

Our Community actively learning new insights and finding ways to apply them

Inspired by our Friday session at the Exchange Book Club, we enjoyed the young man’s dialogue with the wise philosopher. This dialogue challenged the common “Blame Culture”, “Weak Psychology”, and superficial “Life Coaching” practices, presenting instead a powerful theory based on “Adlerian Psychology”. In their books The Courage to Be Disliked and The Courage to Be Happy. captivated our group, and sparked reflective discussions. These books challenge the mainstream psychological and coaching approaches that often focus on past traumas. Instead, they offer a future-oriented perspective, emphasizing personal responsibility and self-acceptance.

Our Journey Began with The Courage to Be Disliked. Through the conversational style of the book, we joined the young man in his quest for understanding happiness and fulfillment. The wise philosopher introduced us to the revolutionary ideas of Adlerian psychology, particularly the notion of “teleology” – the focus on future goals rather than past causes “etiology”- main stream.

Key Lessons from The Courage to Be Disliked:

  1. On Expectations: Separate the Tasks: The philosopher taught us to distinguish what is within our control and what is not, this liberate us from the burden of others’ expectations.
  2. The Reason Why: Teleology vs. Etiology: most of the society along with the young man struggle with this concept. Our own social tendencies is to blame the past. The philosopher, however, emphasized that focusing on future aspirations empowers us to shape our destinies.
  3. Peace: Self-Acceptance: We learned that embracing our imperfections leads to peace and authenticity. Ie: Stop comparing to others
  4. Contribute for happiness: Personal Responsibility: Taking charge of our happiness is crucial for growth and freedom, this can happen by providing value to our communities.

It really take courage to Be Happy because our comfort zone today makes us vulnerable to depression. the dialogue between the young man and the philosopher deepened. The sequel continued to challenge our conventional beliefs, emphasizing that true happiness comes from meaningful contributions and living a life of purpose. So break the boundaries.

Key Lessons from The Courage to Be Happy:

  1. Contribution vs. Validation: The philosopher highlighted that happiness is found not in seeking external validation but in helping others and engaging in community activities.
  2. Self-Acceptance vs. Self-Doubt: The young man’s journey towards self-acceptance resonated with us, underscoring the importance of embracing our true selves.
  3. Personal Responsibility vs. Victim Mentality: The dialogue revealed that owning our happiness empowers us to enact positive changes in our lives.
  4. Courage to Change: The young man’s fears of societal disapproval echoed our own, yet the philosopher encouraged us to align our actions with our values and goals for true fulfillment.

Real-Life Applications: The insights from these books offer practical guidance for our everyday lives. Here are some ways we discussed implementing these principles:

Here are some ideas for after office hours:

Contribution IdeaDescription
VolunteeringJoin local non-profits or community organizations to help with their initiatives. Examples include food banks, shelters, and youth programs.
MentorshipOffer to mentor young professionals or students in your field, providing guidance and support.
Community Clean-UpsParticipate in local clean-up events to improve the environment and promote community pride.
Skill WorkshopsConduct workshops to teach valuable skills like coding, cooking, or financial literacy to community members.
Charity FundraisingOrganize or participate in fundraising events for causes you care about.
Support GroupsFacilitate or join support groups that focus on mental health, addiction recovery, or chronic illness.
Cultural ActivitiesVolunteer at local museums, theaters, or cultural festivals to promote arts and culture.
Neighborhood WatchJoin or start a neighborhood watch program to enhance local safety and security.
Youth CoachingCoach a local sports team or lead activities for youth organizations like Scouts or 4-H.

Enhancing the work culture:

Contribution IdeaDescription
Team BuildingOrganize team-building activities that promote collaboration and positive work culture.
Employee WellnessAdvocate for and help implement employee wellness programs, including mental health days and fitness challenges.
Green InitiativesLead or participate in workplace sustainability projects like recycling programs or energy-saving initiatives.
Professional DevelopmentOffer to conduct training sessions or share knowledge with colleagues to enhance their skills.
Corporate Social ResponsibilityInitiate or join CSR projects that allow your company to give back to the community, such as charity drives or volunteer days.
Diversity and InclusionAdvocate for diversity and inclusion initiatives to create a more equitable workplace.
Peer SupportStart or join peer support groups that address work-related stress, career development, or work-life balance.
Innovation ProjectsLead or participate in innovative projects that can improve company processes or products.
Internal MentorshipMentor junior employees to help them navigate their career paths within the company.

Conclusion: Our discussions of The Courage to Be Disliked and The Courage to Be Happy have profoundly impacted our perspectives on happiness and self-fulfillment. These books challenge us to break free from the shackles of past traumas and societal expectations, encouraging us to live authentically and contribute meaningfully to society. By embracing self-acceptance and personal responsibility, we can truly find the courage to be both disliked and happy. These insights have enriched our book club meetings and have also inspired us to implement positive changes in our own lives.

Mohamad Mrad

Effective Business Tool For Entrepreneurs

Business Plan setup for SME small businesses and entrepreneurs based on the 100$ Startup Book review

Modified Practical Tools for Entrepreneurs:

One-Page Business Plan inspired by the Book 100$ Startup by Chris Guillebea :

this is a simple modified template to help support your business idea.

Business Name:


Vision: What will the future look like if you succeed?

Mission: why does your solution work? for Whom does it work? How does it serve them?

Target Market: Who are your ideal customers?

Offering: What solution are you selling?

Unique Value Proposition USP: What makes your solution desirable?

Revenue Streams: How will you make money?

Cost Structure: What are your major costs?

Network of Support: Who is helping in the launch, product creation, in the go to market strategy and in the scaling up and affiliates

Marketing and Sales Channels: How will you reach your customers and make sales?

Narrative control and message: what is the story you want to share

Key Metrics: What numbers will you measure to gauge success?

Milestones: What major goals must you achieve to succeed?

Some practice:

Value Proposition / Pitch:

A guide to understanding what makes your offer unique.

[Your Company/Product Name] provides [your offering] for [your target market] who [need or desire]. Unlike [your competition], we [unique differentiator] because [reason why].

Pricing Guide: Strategies for setting prices based on perceived value.

1. Cost-Plus Pricing: Calculate your costs and add a markup percentage for profit.

2. Value-Based Pricing: Set prices based on how much customers believe your product is worth.

3. Competitive Pricing: Set prices based on what competitors charge for similar products.

4. Penetration Pricing: Start with a low price to attract customers and raise it later.

5. Skimming Pricing: Start with a high price and lower it over time.

Promotion Plan: Low-cost marketing tactics to get your first customers.

Objective: What do you want to achieve with your promotion?

Target Audience: Who are you trying to reach?

Message: What is the key message you want to convey?


– Social Media Campaigns

– Content Marketing

– Email Marketing

– Partnerships

– Word of Mouth/Referral Programs

Budget: How much are you willing to spend?

Timeline: What is the schedule for your promotion activities?

Metrics: How will you measure the success of your promotion?

Launch Checklist: Steps to take your business from idea to reality.

Product Readiness:

Finalize product or service offering.

Ensure quality control checks are in place.


Create a logo and brand guidelines.

Develop a website and social media presence.


Craft your value proposition.

Prepare marketing materials and promotional content.


Set up sales channels (e.g., online store, physical location).

Implement a system for processing orders and payments.

Customer Service:

Establish customer service policies.

Set up channels for customer feedback.


Announce the launch to your network.

Host a launch event or promotion.

Begin sales and marketing efforts.

Business Setup:

Register the business.

Set up a business bank account.

Obtain necessary licenses and permits.


Gather customer feedback.

Adjust your offering and marketing tactics as needed.

Plan for scaling up based on demand.

Finding Financial Heaven: Overcoming Fear and Past Failures to Forge a Safe Financial Future

From stormy financial setbacks to the serene shores of financial security. Discover the journey to finding your financial heaven


Our client, an Italian expatriate residing in Dubai for 18 years, had faced a series of financial setbacks. From losses in cryptocurrencies to unsuccessful ventures in real estate, stocks, and mutual funds, her investment journey was marred by misadventures. Often swayed by popular opinion, she lacked a structured investment strategy. With retirement looming, she was anxious about generating a consistent income.


Past Losses: The client had suffered significant financial losses in various investment avenues, leading to a lack of confidence in investment decisions.

Retirement Concerns: Being close to retirement, the client was apprehensive about her future financial stability and income generation.

Lack of Strategy: Historically, the client’s investment decisions were influenced by hearsay rather than a well-researched strategy, leading to unfavorable outcomes.


Accumulating Lump Sums: Recognizing the client’s ability to accumulate disposable income, we advised her to create fixed income blocks with every $50,000 USD she saved.

Diversified Bullet Bonds: To ensure consistent returns and minimize risks, we diversified her investments across multiple bullet bonds, yielding 14% and 11% respectively.

Reinvestment of Coupons: The quarterly coupons generated from these bonds were strategically reinvested in volatile markets. This approach aimed to capitalize on high returns while compounding her investments, accelerating her financial growth.


Steady Income Stream: Through the bullet bonds, the client started receiving consistent and predictable returns, alleviating her income concerns for retirement.

Restored Confidence: With a structured strategy in place and visible financial growth, the client regained confidence in her investment decisions.

Optimized Returns: By reinvesting the bond coupons in high-yield markets, the client’s portfolio benefited from the steady income of the bonds and from the compounded growth of the reinvestments.

Financial Bond: Intimacy with Your Money Relationship

Investment Strategy Financial Bonding Emotional Finance Money Relationship Financial Health Wealth Building Financial Intimacy Personal Finance Tips

In the intricate dance of the financial markets, emotions play a pivotal role. While they can occasionally guide us to success, more often than not, they lead us down a path of self-destruction. One such behavior, often overlooked but incredibly potent, let us call it “Hopium.”

Understanding Hopium

Hopium is the intoxicating blend of hope and optimism that convinces investors they’re just one step away from hitting it big. It’s the song that lures them into making irrational decisions, often with disastrous consequences. Here’s how it manifests:

  1. The Big Win Mirage: Investors often chase the dream of that one significant win, sacrificing consistency in the process. While they might strike gold occasionally, the lack of a consistent strategy often leads to more losses than gains.
  2. Euphoria & Overconfidence: A few successful trades can lead to a surge of overconfidence. This euphoria blinds investors to potential risks, making them more susceptible to making impulsive decisions.
  3. Dangerous Bets: Hopium convinces Investors to take large positions, often without a clear exit strategy. They position themselves without exit plans, to cover losses or protect gains

Overcoming Hopium

Recognizing and admitting to being under the influence of Hopium is the first step towards recovery. Here are some strategies to combat its effects:

  • Educate Yourself: Knowledge is a powerful antidote. The more you understand the markets and trading strategies, the less likely you are to make decisions based on blind hope.
  • Have a Clear Plan: Before entering any position, have a clear plan for both entry and exit.
  • Practice Emotional Discipline: Train yourself to recognize when you are Investing based on emotion rather than logic. Then arbitrate yourself for logic control. Take breaks, meditate, or engage in activities that help you maintain a clear head.

While hope and optimism are essential in many aspects of life, in the world of investing, they need to be tempered with logic, strategy, and discipline.

Falling prey to the allure of Hopium can lead to significant financial and emotional distress.

Stay informed, stay disciplined, and always Invest with a clear plan in mind.

In the “Personal Habits” – The Importance of a safety fund

An emergency fund is a financial safety net designed to cover unexpected expenses or financial emergencies. Here’s why it’s a crucial financial habit:

Financial Security: Whether it’s a medical emergency, sudden job loss, or urgent home repairs, an emergency fund ensures you have the means to handle it without going into debt.

Avoiding Unplanned Liquidation: Without an emergency fund, you might be forced to liquidate investments at inopportune times, potentially incurring losses.

Peace of Mind: Knowing you have a financial cushion can reduce stress and allow you to make investment decisions with a clear mind.

Building Your Emergency Fund:

Start Small: Even saving a small amount regularly can add up over time.

Aim for 3-6 Months of Expenses: While the exact amount can vary based on individual needs, a good rule of thumb is to have enough to cover 3-6 months of living expenses.

Keep It Accessible: Your emergency fund should be easily accessible, so consider keeping it in a savings account.

Stay informed, stay disciplined, and always invest with a clear plan in mind. Your financial health is paramount, and as your financial doctor, we’re here to guide you every step of the way. Stay tuned for more insights in our next edition of The Financial Pulse.

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The Importance of Mission and Focus: Lessons from Seinfeld

I often find that life’s most profound lessons come from the most unexpected places. Today, I want to talk about the importance of mission and focus, drawing parallels from an unlikely source – the iconic sitcom, Seinfeld, my favorite of all time.

In the pursuit of financial independence or amassing a million-dollar investment pool, many people claim to love money. However, in the episode is was watching yesterday S3, EP 13, titled “The Subway”, the four main characters find themselves derailed by distractions and side stories.

Let’s take a closer look at what happened.

Jerry was supposed to retrieve his car from the impound lot but got sidetracked by a conversation about baseball competitions on the train.

George was on his way to a job interview, but a chance encounter with a woman led him to a hotel room where he was robbed and left handcuffed to the bed.

Kramer had a court date to resolve his car fines but got distracted by a horse betting tip and lost his money.

Elaine, the best man at a wedding, never arrived due to a busy train and its breakdowns.

These stories serve as a metaphor for the journey towards financial independence or another objective in life.

The characters had clear objectives, and they got sidetracked easily. The most challenging part of any journey is staying focused. It is extremely important to stay focused on your mission and not get distracted by the ‘side stories’ that life presents. One can say focus is the most valuable commodity of all time.

A mission statement, whether personal or for an organization, is a powerful tool that provides direction and purpose. It is a declaration of intent, a compass that guides you towards your goals. It is the ‘why’ that fuels your journey, the reason you get up every morning and face the world.

It is the foundation upon which all your strategies and plans are built. However, a mission is only as good as the focus that accompanies it. Focus is the ability to direct your attention and resources towards achieving your mission. It is the discipline to say no to distractions and the resilience to stay the course amidst challenges and setbacks.

In the context of financial independence, your mission might be to achieve a certain net worth or create a passive income stream. Your focus, then, is the strategies and steps you take to achieve this mission – saving a certain amount each month, investing in specific assets, continuously educating yourself about financial management, and so on.

The Seinfeld characters’ stories are cautionary tales about what happens when you lose sight of your mission and focus.

They remind us that distractions are everywhere, and it’s easy to get off track. However, with a clear mission and unwavering focus, you can navigate through these distractions and stay on the path to your goals. Remember, the journey to financial independence is not a sprint but a marathon.

Living in a city as vibrant and dynamic as Dubai, it’s easy to get swept up in the whirlwind of entertainment, social media, events, consumerism, and other people’s agendas.

The city’s lifestyle is a feast for the senses, but it can also be a minefield of distractions that can derail your focus and impede your progress towards your financial goals.

Overcoming these distractions requires a combination of strategies, tools, and an honest appraisal of your habits and behaviors. Here are some steps you can take to stay focused in the face of Dubai’s many distractions:

  1. Set and Stick to Your Schedule: Time management is crucial when it comes to staying focused. Allocate specific hours for work, leisure, social media, and other activities. This will help you avoid spending excessive time on distracting activities.
  2. Define Your Daily Goals: Having clear, achievable goals for each day can help keep you focused. These goals should align with your larger financial objectives and provide a roadmap for your daily activities.
  3. Disconnect from Distractions: Social media, while a great tool for staying connected, can also be a major source of distraction. Consider setting specific times for checking your social media and stick to them. Use apps that mute notifications during your focused work hours.
  4. Create a Conducive Environment: Your physical environment can significantly impact your ability to focus. Find a quiet, comfortable space for your work or financial planning activities. Keep your workspace clean and free of unnecessary distractions.
  5. Practice Mindfulness: Mindfulness is the practice of being fully present and engaged in the current moment. It can help you stay focused, reduce stress, and improve productivity. Consider incorporating mindfulness exercises into your daily routine.
  6. Balance Your Lifestyle: While it’s important to stay focused on your financial goals, it’s equally important to maintain a balanced lifestyle. Make time for relaxation, social activities, and self-care. A well-rounded lifestyle can actually enhance your focus and productivity.

It requires patience, discipline, and most importantly, a clear mission and focus. So, define your mission, maintain your focus, and keep moving forward. Your destination is closer than you think.

A Meeting of Minds at The Monthly Mixer

In this week’s edition, we are thrilled to recount the vibrant discussions and encounters that unfolded at our recent open networking mixer. Nestled on the picturesque terrace of the Jumeirah Beach Hotel, we were graced with a tapestry of insights, stories, and ambitions that spanned across various domains. Here’s a glimpse of the stimulating evening we had:

A Meeting of Minds at the Jumeirah Beach Hotel

Crypto Regulations: The Talk of the Town

As the sun set, casting golden vibes across the terrace, conversations around the evolving landscape of crypto regulations took center stage. Members engaged in a lively discussion, dissecting the nuances and potential impacts of recent developments in the crypto space. From debates on decentralization to the future of digital currencies, their regulations requirements, licensing and VARA obligations, the evening was a testament to the vibrant intellectual curiosity that defines our club.

The Legacy of Abu Kamil: A Journey Back in Time

The evening took a historical turn as we delved into the fascinating story of the Egyptian mathematician, Abu Kamil. His profound influence on the Fibonacci sequence was explored, igniting a rich dialogue on the intertwining of mathematics and history, and the timeless impact of ancient knowledge on modern science.

Young Entrepreneurs in the Media Sphere: A Glimpse into the Future

As stars began to adorn the night sky and humidity was increasing :), we were introduced to the vibrant ambitions of young entrepreneurs making waves in the media industry. Their fresh perspectives and innovative approaches to media were a breath of fresh air, offering a glimpse into the exciting future of the industry, with the use of recent technologies to hack growth and influence compelling success.

Brain Health and Wellness: A Focus on the New

The conversation took a turn towards health and wellness, with a spotlight on emerging trends in addressing brain disorders. Members shared personal routines and practices that have aided them in enhancing focus and mental well-being. The discussion served as a reminder of the importance of nurturing our minds, and the innovative approaches available to do so. “Morning routines” uncovered, Cold showers, praying, training, studying and then ready to execute the plans designed from the night before.

Spirituality vs. Religion: A Thought-Provoking Dialogue

As the evening drew to a close, a profound discussion on the distinctions between religious narratives and personal spirituality unfolded. Members shared their journeys of spiritual exploration, fostering a space of respect and understanding. The conversation was a beautiful reminder of the depth of human experience and the diverse paths to connecting with the divine. through different experiences and languages. Mathematics being the language of creation and spoken word is its description.

Why Men Don’t Listen And Women Can’t Read Maps

This book was written in 1998 by the couple Allan and Barbara Pease. Between 1998 and 2020, many things have changed. If I were to rewrite the book today, I would title it “Why Men Are Obsessed with Luxury and Women with Beauty.” The quest for the “Elixir of Life” or “the Philosopher’s Stone” has been a mystery for humanity and alchemy for at least two hundred years before the birth of Jesus.

What prompts me to share these thoughts with you today is the recent discussions I’ve had with some close friends about how to gain followers on social media as we build our digital identities. Unfortunately, the examples they showed me were real and true. If you open the Instagram or Facebook pages of so-called current entrepreneurs who are busy posting images of themselves with shiny watches, Rolls-Royces, private jets, or even cars filled with beautiful ladies as symbols of success and happiness for men, you will find that they have millions and millions of followers. Yet, they offer little real value or meaningful insights that I can use to improve my life. If you apply the same search criteria for women, shifting from luxury to beauty, you will find many posing, minimal clothing, long eyelashes, and an abundance of makeup, as well as millions and millions of followers.

We were once great as humanity, searching for truth through philosophy. Yes, we were also great when we sought eternal life through alchemy. Today, we are still searching for something, but what is it? We’ve bestowed the word “success” upon a mere watch or car (a result of systematic brainwashing). We’ve given the word “beauty” to makeup or specific body measurements (also a result of systematic brainwashing). Then we started racing endlessly for these ideals, unknowingly harming ourselves in the process, all while benefiting only one entity: the system that convinced us to engage in this relentless pursuit.

Please don’t misunderstand me; I do appreciate beautiful women, and I don’t dislike luxury. I love both, and perhaps I appreciate beauty even more than luxury. Thankfully, I’m blessed with both. You see, when you achieve financial freedom, you know how to possess these without paying a premium. Let me share an example we recently considered: owning a 47-ft yacht here in Dubai. We thought about using it every weekend and storing it when not in use. This would have cost around $400,000 in capital, plus substantial fees for maintenance, cleaning, and parking, totaling at least $30,000 annually. Do you know how much it would cost to rent a yacht for a weekend without these hassles? It’s almost $1,300 to $1,700. Why on earth would I buy a yacht and worry about it when I can simply charter one as needed, anywhere on earth?

Returning to our topic, today, an Instagram account that solely showcases luxury and beauty products can amass at least 1.5 million more followers than someone like Elon Musk, who is tirelessly working to give humanity a chance to survive the impending climate disaster, or other contemporary physicists like Stephen Hawking, who discovered black holes and revolutionized physics like Mr. Einstein in his time. I’m not suggesting you stop following them or start following luxury-displaying pages. I’m inviting you to maintain a fair balance in your feed so that you don’t become completely ensnared in the wrong race. If you seek to follow success, seek those who benefit you, not those who benefit from you.

Otherwise, you’re benefiting them while draining yourself in the wrong pursuit. Examine the accounts of people like Warren Buffett. He built a multibillion-dollar fortune from scratch—what argument can you make against that? Visit his Instagram account; unfortunately, it falls short by 1.4 million followers compared to unscrupulous influencers. He doesn’t flaunt luxury on his account. He seeks reality, enjoys his journey in life, and aims to leave a legacy by sharing quotes consistently. Successful people strive to empower others, leading by example, educating, guiding them to discover their own talents, fueling their ambitions, encouraging them to leverage their strengths, and teaching them how to succeed. I’m sure someone is still searching for the philosopher’s stone. But what do you know about it? Follow those who benefit you. Following the wrong role models will only harm you and benefit the system.

Resolutions or only on new year?

In the grand scheme of life, the Gregorian calendar is but a man-made construct, a tool to measure the passage of time. Yet, it’s undeniable that the end of one year and the beginning of another holds a certain symbolic significance. As Mohamad Mrad would argue, every day is an opportunity for a fresh start, a chance to set new objectives and work towards them with relentless determination.

While the Gregorian calendar marks the end of a fiscal year and the beginning of another, it’s essential to remember that the true measure of time is not in the ticking of a clock but in the progress we make. This is a concept that Mohamad Mrad emphasizes. He encourages us to view every day as a potential beginning of a ‘new year’ or a ‘new self’.

The celebration of a new year should not be a mere ritual but a celebration of positive change. It could be a new business, a new investment, a new accomplishment, or even a new mindset. Mohamad Mrad suggests that we should use the first of January as a marker to set new goals and work towards achieving them in a realistic rhythm.

In the grand scheme of things, time is a constant that we cannot control. What we can control, however, is what we accomplish within that time. Mohamad Mrad encourages us to make small improvements every second, minute, day, week, month, or year towards our objectives.

To illustrate this point, Mohamad Mrad uses the example of the bamboo tree forest, which takes five human years to form, the birth of an elephant, which takes two human years, and the birth of a new human being, which takes nine months. These examples serve to remind us that we all run on different clocks, and all creation in this universe has its timing.

The key is to set objectives that align with our natural timing. If you want to generate an additional 100,000 USD next year, you have nine months to do so. If you want to publish a new book, you have nine months to do so. This concept of measuring time in ‘birth units’ is an innovative approach proposed by Mohamad Mrad.

In conclusion, every day is an opportunity to declare our intentions and work towards achieving them. Mohamad Mrad encourages us to keep a daily agenda of at least seven targets that help us accomplish our goals. He emphasizes the importance of daily productivity and the need to avoid falling into routines of consumerism and distraction.

Remember, every day is a chance to work towards becoming the best version of yourself. As Mohamad Mrad would say, “Every day shall be a landmark for a new celebration accomplished with every new breath.”

The student that changed my life

The “Monday Effect” is a well-known stock market anomalies that suggest certain cyclical and seasonal patterns in stock prices, potentially challenging the Random Walk Hypothesis, which posits that stock prices move unpredictably and independently of their past movements. Let’s explore this anomaly with some case studies and statistics:

The Monday Effect, was first reported by Frank Cross in 1973, suggesting that stock returns on Mondays are typically lower than other days of the week.

Case Studies and Statistics:

  • Historical Analysis: Studies in the late 20th century often found that stock returns on Mondays were indeed lower on average than on other days. For example, a study might show negative average returns for Mondays over several years, compared to slight positive average returns for other weekdays.
  • Changing Trends: More recent studies, however, have shown that this effect has diminished or disappeared. Advances in market efficiency, the proliferation of algorithmic trading, and global trading practices may have eroded the Monday Effect.
  • Explanations: Various theories have been proposed for the Monday Effect, including the settlement of trades from the previous week and negative news over the weekend affecting investor sentiment.

Implications and Current Perspectives

In the world of trading, I was merely a day trader. My life was a rollercoaster of making money one day and losing it the next. My mood swung wildly, dictated by the financial outcomes of my trades. I was not exchanging value with others, not contributing to a community or an organization. I was just on my PC, isolated and without a clear mission or vision. My focus was solely on producing my monthly income. When I fell short, panic and anxiety would creep in, affecting my personal life, my relationships with my family and friends. I sought solitude, avoiding social gatherings and becoming increasingly withdrawn. My life was devoid of purpose until I began my mentorship journey with Albert.

Albert introduced me to a new identity. I was no longer just a trader; I became a mentor. This transformation gave my life a new meaning and a higher purpose. Two years ago, I was just doing technical charting to produce income. I was plagued by depressive thoughts and low-frequency vibrations. Even ideas like suicide crossed my mind a couple of times. Today, my bank of happiness is abundant. I have never been happier in my life, and I owe a large part of this transformation to my mentorship journey with Albert.

With Albert, I learned to become patient. I learned to accept that every person has a different capacity to learn. I learned that people acquire knowledge in different ways. Some people prefer to read, some prefer to watch videos, and some prefer to listen to podcasts. This experience and new learning made me a better person in my personal life. I became a better father, a better husband, a better friend, and a better communicator. I even became better in trading. I became an investor, a wealth manager, a writer, and most importantly, I became a mentor.

Today, I see myself on a journey to affect the life of one million people. This is the legacy I am building. This became possible because my journey started with Albert the ambitious. Today, I am not just Mohamad Mrad, the day trader. I am Mohamad Mrad, the mentor, the investor, the wealth manager, the writer, and the man on a mission to make a difference.