The Cost Of Doing Nothing
August 11, 20232:49 pm
The Cost Of Doing Nothing

It’s a common and important query.⁣⁣ Let’s compare, iImagine if there was an investment that…

  • Is tax free
  • Cannot be taken from you
  • Only ever appreciates (when you use it)
  • Pays dividends
  • Compounds
  • You can use daily
  • Provides consistent cashflow EVERY day

⁣Sounds a little too good to be true right?⁣⁣ Actually this exists and it’s also something that we have instant access to. ⁣⁣It’s the asset known as knowledge. Having more of it will give us all of the above benefits (and probably some more too)

⁣⁣I often see people looking for the easy route to wealth. ⁣⁣The truth is that it rarely exists, and is probably pretty risky. ⁣⁣Investing is VERY cool – and definitely useful. We should understand it (again knowledge) and/or obtain the help of a qualified professional.

⁣⁣But the truth is that it generally takes decades before we see results. (ever wonder why most retire later in life?) ⁣⁣The more we know, the more wealth we can generate TODAY. ⁣⁣Actually if you think about it – all success in ANY area of our life extends from knowing more. ⁣⁣Then we get to CHOOSE our next move is rather than going with the flow.

⁣⁣Life is categorically NOT all about making money (far from it). ⁣⁣But we should be allowed to talk about it when it will allow us to have more freedom (more time to do the things we want, help others, have more FUN amongst other things⁣⁣).

It’s why I’m always banging on about books

⁣⁣Knowledge is power after all…

*Not Financial Advice⁣⁣⁣
Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.
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