31–40 of 84 posts
Here are some things that help: * Frugality: deeply understanding the things that bring you satisfaction and skipping the rest * Aggressively saving and investing money * Building a mastery in personal finance But becoming a millionaire isn't a math problem. Most people on here are capable of doing so many times over without any great career home run. However, achieving such a milestone will require you to (on an ong…
Mobile games, iOS in 2010, later on Android. Spent it on expensive RE though, so no longer in chequeing account.
Here are some things that help: * Frugality: deeply understanding the things that bring you satisfaction and skipping the rest * Aggressively saving and investing money * Building a mastery in personal finance But becoming a millionaire isn't a math problem. Most people on here are capable of doing so many times over without any great career home run. However, achieving such a milestone will require you to (on an ong…
From where do you get your information on personal finance and investing?
The last is vital, as an investor's emotional composure is at times even more important than the rational side of investing.
Yes, just barely but in actual assets. Meaning, if you take a complete accounting of my net worth, subtract out debts and ignore options etc and count retirement accounts and stocks and so on. I make out to just above that number by a little bit. Not terribly impressive if you make over $100k/yr for 15-20 years, live below your means, pay off all your debts and own where you live. But I guess I've managed not to squa…
Isn't this effectively the wrong strategy though? For a portion of my loans I would earn more investing and paying the minimum amount than I would paying them off sooner.
A 1% spread vs a portfolio of 100% equities might mean that the volatility compels you to opt to pay back your loans.
The stock market, the only sure way of wealth creation in this century
Here are some things that help: * Frugality: deeply understanding the things that bring you satisfaction and skipping the rest * Aggressively saving and investing money * Building a mastery in personal finance But becoming a millionaire isn't a math problem. Most people on here are capable of doing so many times over without any great career home run. However, achieving such a milestone will require you to (on an ong…
From where do you get your information on personal finance and investing?
There are universal themes like budgeting, responsible spending, paying yourself before you pay others, etc. Just remember that everyone's situation and priorities are different, so don't get caught up in one specific strategy.