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Originally Posted by placebo  it's kind of tricky question. Imagine that someone gives you 1 milion now. What would you do with it? Most of people will be scared of losing the many, every investment will be "not easy to choose", they will simply live in fear.
What would you do if you're milionare from your age of 30 till age of 60. What will you do then? You'll be adjusted to live comfortably and money is gone. Are you going to be able to handle that? |
If you're a millionaire at age 30, not only should you be able to increase your worth, you should have the knowledge of money that you can start from scratch without much trouble to a decent sustainable net worth again. You certainly wouldn't be the first person to do it.