I think to create the structure for sustained wealth, one needs to invest. Monies gotten from one investment should be plugged back to other investments.
I think to create the structure for sustained wealth, one needs to invest. Monies gotten from one investment should be plugged back to other investments.
I call it layering or stacking. I always sequence the returns on various recurring revenue streams and also stack the gains from asset appreciation. That way I'm always both leveraging previous gains and also building towards not needing to touch that principle to cover ongoing living expenses.
Exactly.