Tuesday, September 30, 2014

Jonathan Webb, Chapter 7, Question 2

     On topic of investing and towards the end of the chapter where he mentions "Save. Invest. Repeat" and "Take risk, earn reward" defenitly affect your life. Saving and then investing have big affects on your life and if you just try to spend uncontrollably then you're going to have a hard time managing your money then and in the future. Also taking risk, if you play it safe your whole life, yea you might make money, but then comes the opportunity cost. What bigger stuff are you missing out on? That's why these two topics of a direct affect on you and your future. Both can also be on a daily basis and generally. By doing the two in a daily basis can determine what habits you create for yourself which can eventually affect your future.

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