Where do you draw the line when it comes to money vs. convenience?
Do you clean your own house? Do you get your food delivered? Mow your own lawn?
How much extra are you paying for these services?
The reality is, the answer is different for everyone.
Your asset allocation should be targeted and individualized to fit you as a person, and to help you achieve your specific goals. Without goals and individualization you end up with a muddled sludge of stocks that can be financially destructive.
Building wealth is not easy. It takes hard work and discipline.
But everyone can achieve success, if they can avoid the major roadblocks to wealth accumulation.
Now, there are many roadblocks to discuss but one big one is…. that we don’t cultivate a healthy relationship with money. We develop beliefs, attitudes and habits about money in our youth that hold us back from being able to generate wealth and enjoy the financial freedom we desire as we get older.
Everything from our mundane routines to our fanciest gadgets may soon be obsolete. If that happens, we could have new and totally different ways of experiencing life.
We could also have far better ways of improving it.
So, what’s the stuff of science fiction and what could really happen?
There’s a lot going on in the world right now.
I thought this post was going to be about the $3.5 trillion budget deal or what to do with any child tax credits that may be heading your way.
But then global markets jolted on fears of new viral variants.
Is the sky actually falling?
