How do you become a millionaire? [Sam Dogen]
The Examined Life
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Navigating Personal Finance and Generational Wealth
This chapter explores the complexities of personal finance management, including margin borrowing and the significance of asset management in volatile markets. It discusses the impact of the tech sector on real estate trends and the challenges of home ownership for younger generations, particularly emphasizing the role of parental financial support. The chapter also highlights financial strategies for transitioning from wealth accumulation to decumulation as individuals approach retirement, while reflecting on the balance between luxury beliefs and financial independence.
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