Self-Determination: Taking Control of Your Finances
- Understanding assets and liabilities is crucial. Owning a home with a mortgage may seem like an asset, but it is often a liability until paid off (the bank owns it until it is paid off; you are an income generating machine for the bank).
- Renting can offer more financial flexibility, freeing up money for higher-yield investments (REITs).
- Building your own investment portfolio, rather than relying on traditional pensions, ensures better returns and long-term security.
- Taking control of these aspects allows for greater financial autonomy and growth.
2
6 reads
CURATED FROM
IDEAS CURATED BY
Anton Kreil - ex Goldman Sachs trader explains 5 principles behind 10 Secrets to Achieve Financial Success
“
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates