Recent submissions

Comment · 11 years ago
It comes from inflation. Purchasing power of $1mm in 10 years time will be probably the same as 500k today.

The investment works because in 10 years time you own bigger chunk of the asset (Mostly due to inflation but also debt repayment from rent).

Comment · 11 years ago
Stop whatever you're doing now and read this book: "The Practicing Mind: Developing Focus and Discipline in Your Life - Master Any Skill or Challenge by Learning to Love the Process" by Thomas M. Sterner.
Comment · 12 years ago
>If you want to make millions in software, get a job writing code at a bank and invest your salary.

This is actually a very good piece of advice.

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