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Derek Sivers (Part One) — How to Become a Picasso [BONUS EPISODE] (EP.185)

Infinite Loops

CHAPTER

The Trade-Off Between Simplicity and Safety in Personal Finance

This chapter explores the trade-off between having all your money in one bank account or multiple accounts in personal finance. It discusses the two schools of thought on investing - diversifying your portfolio or closely monitoring a single investment. The importance of understanding individual preferences and risk tolerance is emphasized.

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