12 Sep '18, 11pm

Weekly Thoughts: Financial Bloggers focus on saving money, Benchmarking Your Income, and Quality of Life, Developing Safe Channels and S-VACC

Weekly Thoughts: Financial Bloggers focus on saving money, Benchmarking Your Income, and Quality of Life, Developing Safe Channels and S-VACC

I think learning about wealth building may not be a safe channel. You need to spend some effort to read, to think, to execute some wealth building ideas, then see the results, assess and reflect, and change your plan. And you need to do it over and over again in the hopes to get better. Usually people can assess by your net worth, by your portfolio’s internal rate of return or TWRR. However, no one is going to pass and fail you. (Well they could by blatantly saying you ‘failed’. This is where wealth building might not fit as a safe channel). To make matters worse, wealth is something of a serious topic and people’s lives are invariably tied to their wealth so its hard to say you enjoy watching your portfolio get cut in half or create humor out of it.

Full article: http://investmentmoats.com/uncategorized/weekly-thoughts-1/

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