“To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insight, or inside information. What’s needed is a sound intellectual framework for decisions and the ability to keep emotions from corroding that framework.”
~ Warren Buffett
How to use a net worth statement
October 18, 2021
“In our daily routines it can be easy to overlook all the incremental bits of progress that happen. Sometimes it feels like we are working hard and still not getting anywhere. But when you look back to where you were last year and the year before, now you can start to see the progress: the growth of your assets, and the reductions of your liabilities. Tracking your gains provides a nice bit of positive reinforcement.”
Posted in Money Management, Planning Encyclopedia
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