Just let your wealth compound over time and you’ll be a millionaire, the advice goes. If this is true why aren’t more people rich?UNDERSTAND, SHARE & PUSH BACK
Just let your wealth compound over time and you’ll be a millionaire, the advice goes. If this is true why aren’t more people rich?UNDERSTAND, SHARE & PUSH BACK
That’s basically what happens with technology. Plenty of people still buy the latest TV even when there will be a better and cheaper one in a year or two.
Technology is a known depreciating asset so that’s a bad example. Try housing, or trying to get a loan for anything.