When you're in your income earning years, I find the US is still the best place. People in the US start from a position of yes. How do we how do we make money together? How do we do stuff together? And Europe is the best place to spend it.
The way to wealth isn't making a lot of money. It's making more than you spend. My father died a near millionaire and he never made more than or you know he was making $48,000 a year but he spent 46 or 45 and he was investing and saving money even when he died.
One of the greatest wealth hacks in history is the ability to buy equities and let them compound tax deferred. And then if you want to do the trick of billionaires, if you need cash to fund your lifestyle, maybe you borrow against those stocks, not more than say 20 30 40% at max to fund your lifestyle
1mo ago
Underscored — save the words that stop you in your tracks.