Two Worlds: So Much Prosperity, So Much Skepticism on Collaborative Fund

You should read this: Housel’s cracking book on the psychology of money is also a must-read.

A couple of the key takeaways were:

-understanding ‘how much is enough’ (instead of succumbing to greed); and

-understanding the power of compound growth to generate wealth and returns.

Because the big gains come later as a result of compounding, the winners are not necessarily those with the fastest annual returns, but those with the stomach to stick with successful strategies for the longest period of time.

It’s why Buffett generated most of his wealth after the traditional retirement date.

And it’s why the family home so often proves to the only genuinely successful investment many folks ever make.

Not because the returns are spectacular necessarily – often they aren’t – but because it’s the one asset people stick with long enough to experience the benefits of compounding.

The problem with more volatile investments is often that investors bail when trouble surfaces, as it periodically does.

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Previous Board Member of Singapore & Malaysian Business Associations, BA Modern Asian Studies (GU) majoring in Economics & Mandarin, Licensed Real Estate Agent since 1996. Member of REIQ. Firm Member of Leading Property Managers of Australia. Our expertise at LJ Gilland Real Estate is your peace of mind. Our reputation lies in high performance property sales, and we take great pride in our excellence in property and asset management as well as body corporate management. We find individual solutions to fit our Clients needs. Being property specific rather than area specific because confining ourselves to one area simply wouldn't be giving you what you need. Specialties International Business negotiations, bilingual, Appraising Queensland Based Properties, Contractual negotiations, Dedicated to Family & Business, hardworking & focused to get the best outcomes for each and every Client.
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