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it basically boils down to this:
your standard of living is not a zero sum game, but being rich certainly is.
When it comes to money, if you're not taking it from someone else, then someone else is taking it from you.
This doesn't apply to things like longevity or education or whatever, but it definitely applies to your money!
Why is this relevant? Simple... *indexing* or *diversifying* .. nothing will save your money. There is no sure fire investment.
The only thing that will save your money is if you are actively trying to win while others are losing.
your standard of living is not a zero sum game, but being rich certainly is.
When it comes to money, if you're not taking it from someone else, then someone else is taking it from you.
This doesn't apply to things like longevity or education or whatever, but it definitely applies to your money!
Why is this relevant? Simple... *indexing* or *diversifying* .. nothing will save your money. There is no sure fire investment.
The only thing that will save your money is if you are actively trying to win while others are losing.
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