- An Asset or item acquired with the goal of generating income appreciation
- Warren Buffet: Investing is an activity in which consumption today is forgone in an attempt to allow greater consumption at a later date
- The important things
- You can’t invest without being a disciplined saver.
- Instead of saving what you don’t spend, spend what you don’t save.
- You need to learn to pay yourself first! → Saving 10% of your total income is a good goal! The less you have the less you will spend.
- What you should do first:
- Set up automatic transfers into savings on the day you get your paycheck.
- If you pay yourself first, you won’t even notice there’s less money to spend
- You have to ‘Hedge’
- 자기 자산을 인플레이션(inflation)으로부터 보호하기
- 물가 인상률이 5%라면 그걸 방어하기 위해 펀드/주식을 해서 5%수익 내기