Aspects of Money management in life is to be preferably kept in the simplest form
But, it’s difficult for many to digest a simple form. We need complicated stuff that’s hard to comprehend, digest or manage. That’s how we are wired.
Why?
Complicated things look better 😀 as they might end up better (on returns) or management 🤦🏼♂🤷🏼♂
No, that isn’t the truth. They are difficult to understand, manage or know the outcome.
Keeping things simple is the most effective way of managing money issues
Investing where the probability of making long term compounding is high, makes sense; not short term exponential returns which aren’t sustainable by any means beyond the short term.
Can we keep repeating the short term exponential returns N times during a lifetime without ending on the rough end many times? No, it isn’t possible
Then why do we choose the complicated options over simple solutions?
Say No to Complications
Say Yes to Simple yet effective solutions