The Simple Path to Wealth
📅 Finished on: 2020-03-20
💰 Economy
🧘♀️ Lifestyle
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Spend less than you earn - invest the surplus- avoid debt
Opened my eyes on savings and investments. A must-read.
- Importance of F-You Money
- The market goes up over time and you cannot predict it. Wild ride
- People lose because they think they can predict and go into single stocks (beer and foam example)
- Simple. Keep it simple: 1 single S&P ETF (or World, in my case)
- Put all your eggs in one basket and forget about it.
- Vanguard is the best: philosophy
- Withdrawal and rules when you retire