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Be nicer and less flashy. No one is impressed with your possessions as much as you are.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Let's Get Real About Money!: Profit from the Habits of the Best Personal Finance Managers
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Once you have seven figures in assets, or complex transactions involving kids or retirement or taxes, you’ve earned the right to consider advanced advice.
Ramit Sethi • I Will Teach You to Be Rich, Second Edition: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works
In investing, average is great.
Ramit Sethi • I Will Teach You to Be Rich, Second Edition: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works
The ING Direct and Emigrant savings accounts pay a decent interest rate without fees or minimum balances.
Joanneh Nagler • The Debt-Free Spending Plan: An Amazingly Simple Way to Take Control of Your Finances Once and for All
asymmetric aversion to loss
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Legendary investor Warren Buffett said, “A low-cost fund is the most sensible equity investment for the great majority of investors.” He explains, “By periodically investing in an index fund, for example, the know-nothing investor can actually outperform most investment professionals.”
Vicki Robin, Joe Dominguez, Monique Tilford • Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018
Singer Rihanna nearly went bankrupt after overspending and sued her financial advisor. The advisor responded: “Was it really necessary to tell her that if you spend money on things, you will end up with the things and not the money?”
Morgan Housel • The Psychology of Money
the last three to five years and determine your most profitable year—based on percentages, not on dollar amounts.