Ep. 20: Nick Maggiulli on Biggest Lies in Personal Finance, Feeling Rich, and the Role of Luck in Investing
The One Percent Show with Vishal Khandelwal
You Never Feel Rich, I'm Just Well to Do.
Nick Gillespie: I think what we see, at least in the data, is that as people kind of gain more wealth and up going into social circles with other wealthier people, they always can point to someone who's richer. He says if you have $100,000 US, that puts you in the top 10% of the world in terms of global wealth. But he argues it's very easy to never feel rich because there are so many different ways to define "rich" In his new book, The Richest Man on Earth, Nick Gillespie takes a closer look at how money affects our lives.
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