Every decision that people make with money is justified by taking the information that they have at that given moment and plugging it in to their own unique mental model of how the world works. Figure out what game you are playing and then play it. And only it. So few investors or if people manage their money, do this.
There is no world where two equally smart and informed people should agree on the best way to save, spend, and invest money.
Everyone is different.
What you want might not be what I want.
What’s fun to you might be miserable to me.
Your family’s different from mine. Your job’s different from mine. You have different life experiences than I do, different role models, different risk tolerances and goals and social ambitions, work-life balance targets, career incentives, on and on.
One of the most important financial skills is figuring out what game you're playing, and playing it -- and only it.