Sunday, January 16, 2022

Lifestyle Inflation

 The biggest threat to building wealth is lifestyle inflation, where as your income increases the cost of your lifestyle increases. This is how even high earners end up living paycheck-to-paycheck. Wealth is built by investing the difference between income and expenses, and letting it grow exponentially over many years.

Winning bet on stocks

 The S&P 500 index ETF is one of the safest bets in stock investing, and over time has an increasing likelihood of making money. However...