Read? What's wrong with REITs and NCPS?
Before you start borrowing big fat boys' investment strategy, you may want to understand the behaviour theory behind it.
Bernoulli (1738) popularised the concept of the utility of additional wealth is inversely related to the amount already processed. This may help to explain why many wealthier individuals (big fat boys) may be more inclined to choose fixed income investments over day-trading. Their unwillingness to assume greater risks is related to their perception that they have much to lose in the realm of personal possessions and not much to gain in the realm of personal needs.
Posts
A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
-
One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
1 day ago
No comments:
Post a Comment