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Episode 3247:
Many millionaires regret not diving into real estate investing earlier, missing out on cash flow, appreciation, and financial freedom. ESI highlights how a delayed financial education and lack of work-life balance often lead to deeper personal and monetary consequences, lessons that offer valuable foresight for anyone building wealth.
Read along with the original article(s) here: https://esimoney.com/the-five-biggest-millionaire-regrets/
Quotes to ponder:
"I regret not getting into the housing market in San Francisco. I could have purchased something to live in back in 2010 when I moved here."
"I would have studied personal finance more and not hired a financial advisor."
"My work/life balance in my 30’s is one of the reasons my first marriage didn’t work out."
Episode references:
John Bogle’s writings (Bogleheads Guide to Investing): https://www.amazon.com/Bogleheads-Guide-Investing-Taylor-Larimore/dp/1118921283
The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474
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