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Episode 2581:
James Altucher's article on JamesAltucher.com offers valuable advice for managing sudden wealth. He emphasizes the importance of patience, caution in lending and investing, maintaining good health, and not burning out. These guidelines aim to help individuals navigate newfound wealth wisely and ensure long-term financial stability.
Read along with the original article(s) here: https://jamesaltucher.com/blog/what-do-you-do-after-you-make-a-zillion-dollars/
Quotes to ponder:
"Don’t change your lifestyle at all for at least one year."
"There’s no such thing as luck. In the chess-playing world there’s a saying: 'Only the good players are lucky.'"
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Optimal Finance Daily - Financial Independence and Money Advice