I’m an investor by chance. Got a nice chunk of change from my ex when we divorced. Never asked for it and I wasn’t expecting it. Took it to an investment bank and told them to have fun with it.Traits from your first paragraph best learned and practiced early on.
They are the nucleus of a book that any of the younger generation would benefit by reading and practicing. That book “The Millionaire Next Door” has the time honored principles of which you wrote……and a whole lot more.
I use it and several others to teach some of the younger generations concepts in investing, I.e., time and compound interest in building generational wealth.
Practicing those traits early on allow many to reach financial independence and retire early to the DR and elsewhere around the globe.
Respectfully,
Playacaribe2
The money is a medical mattress for me should I need major medical work and don’t want to be waitlisted in Canada. I had my heart assessment done at Humana in Santiago after I was diagnosed with A-fib. Didn’t want to wait for an assessment here. I flew back to the DR and made another vacation out of it.
If I win the lotto tomorrow, I’d blow $80,000 on a new Range Rover Defender. Poor gas mileage and you can hear the ozone being sucked out of the atmosphere when you start it up. It goes against my environmental ethics but it would be my last hurrah with the V-8 engines. There are faster more powerful EV’s but you can’t beat the dull throb and low rumble of a V-8!