Morgan Housel: The Investing Expert’s “System” for Stress-Free Wealth13 insights · See all
- The return you need is set by your goals and lifestyle because lower ongoing costs and simpler needs reduce the percent return required for financial security, so contentment can make even low nominal returns sufficient.
The return you need is set by your goals and lifestyle because lower ongoing costs and simpler needs reduce the percent return required for financial security, so contentment can make even low nominal returns sufficient.
- Status-driven consumption usually fails because others pay far less attention to your possessions than you expect, so spending to impress yields much less social reward and just inflates costs.
Status-driven consumption usually fails because others pay far less attention to your possessions than you expect, so spending to impress yields much less social reward and just inflates costs.
Keep the best of BiggerPockets
A free account saves these cards to your Collection, and Korva resurfaces them so you actually remember.