RE: The Concept Of Greed; How Much Money Do You Need To Live Comfortably?
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Unfortunately striking a balance is tough because you also need to factor in economic downturns. Because of this, most people will try to aim for a lifestyle where there is enough cash flow and savings to outlast these down turns. But it doesn't mean any investment is the same. If you invested in GE which was one of the best companies, you would only see your investments dwindle and they never made it back to their highs.
So how much is enough? I do not know but you can make some changes if you minimize how much you spend.
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Inasmuch as we can't strike a balance due to so Many other Factor, we still need to draw a thin line, while we need some form of greed in life, I believe we much achieve a certain form of equilibrium by drawing a thin line. Thank you for dropping by.
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