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.
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.