If you want to be wealthy you have to take risks.
Business owners make more than employees because the owner is getting rewarded for the risks while the employee is being paid for their time.
College trains employees not entrepreneurs.
Your house is not an asset until you sell it.
Owning a house is a hedge against rent inflation.
Time is required to make money. Money is required to enjoy time.
Cash flow is not king, compounding of capital is king.
You have to risk losing if you want a chance to win.
“Not all of us are capable of starting and running a business. Thanks to the stock market; what a wonderful opportunity we’ve all got to own good businesses.
“Becoming debt free is the major milestone in the journey of financial independence.”