Alan Smith
@AlanJLSmith
Founder @capital_tweets. Wealth Management for Entrepreneurs. | Storyteller | Truth Seeker | Podcast ๐ง ๐ https://t.co/37Nc455ubz ๐ดโโ ๏ธ
ID:24665667
http://www.capital.co.uk 16-03-2009 08:14:48
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๐ง๐ต๐ฒ ๐ช๐ฒ๐ฎ๐น๐๐ต ๐ง๐ต๐ฎ๐ ๐ ๐ผ๐ป๐ฒ๐ ๐๐ฎ๐ปโ๐ ๐๐๐.
For years Iโve been asking people what their definition of True Wealth is, because I know itโs more than money.
Last night I had the privilege of asking the OG of the subject, Robin Sharma (author of The Monk Who Sold
The irony of going to see โฆRobin Sharmaโฉ, author of The Monk Who Sold His Ferrari speak at this venue tonight..
๐๐ป๐๐ฒ๐๐๐ถ๐ป๐ด ๐บ๐ถ๐๐๐ฎ๐ธ๐ฒ๐ (๐ฎ๐ป ๐ผ๐ฐ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ฒ๐ฟ๐ถ๐ฒ๐):
1. Investing in the latest fad (eg crypto, NFTs).
2. Not investing in whatโs worked for centuries (eg companies).
3. Mistaking complexity for intelligence.
4. Mistaking simplicity for stupidity.
๐๐ฟ๐ถ๐ฐ๐ธ๐ ๐ฎ๐ป๐ฑ ๐ง๐ผ๐ฟ๐๐๐ฟ๐ฒ!
I know people still like property/buy to let as an investment strategy.
But few have factored in the โhassle factor.โ
Itโs a faff of never ending admin, complexity and paperwork.
As well as the tax issues.
If you valued your time youโdโฆ