THE PSYCHOLOGY OF MONEY - Commented Book
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Investing in Stocks and Bonds
If you were born in 1970, the S&P 500 increased almost tenfold adjusted for inflation during your teens and twenties. To his father's generation, who grew up with and endured higher inflation, they might be seen as wealth incinerators. The differences in how people have experienced money are not small even among those you might think are pretty similar.
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