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1. Golden handcuffs I saw it a high risk/high reward investment. The money was not available to me in short-term but I could enjoy the compounded returns afte
by stealthmodeclan 8y ago
1. Golden handcuffs
I saw it a high risk/high reward investment.
The money was not available to me in short-term but I could enjoy the compounded returns after sometime.
It's about giving up short term gains for long term gains and more control over your direction.
I never used much money from my compensation. Traveled a bit until i got bored, bought more toys untill i had enough.
Then the paycheck went directly into investment accounts.
So, attachment to money wasn't a problem for me.
Companies only paid me low millions annually. With that money, I can't control a major corporation and its future direction, though i might be able to influence some.
So there is no use of money for me, it helps pay bills and that's all about it. I don't know how more money will change my life.
- koudos 8y agoDefinitely not generating income at your level and so probably why there's a bigger need for a plan on my end. The risk/high reward advice makes a lot of sense. Sometimes it probably is just the way you view it.