Why do you work hard to save money but keep getting poorer?


Li Lu's definition of wealth overturns the common people's understanding.
1. Wealth is not cash, but the proportion of purchasing power within the entire economy.
Wealth is a dynamic ratio. If the total wealth of society doubles, even if your savings haven't decreased, your actual purchasing power has shrunk by half.
2. The logic of preservation: holding equity that grows with compound interest.
Only by holding shares of high-quality companies with long-term certainty, allowing assets to fluctuate with economic compounding, can you preserve your share.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin