1. Your objective is to build wealth over your investment
horizon,
not outperform an index every quarter or year.
2. Mutual fund expenses matter. Pay attention to your fund
expenses and don't overpay.
“Wealth
is the positive freedom to live
the kind of life that is meaningful to you, even ---
and especially --- when you no longer work to earn an
income. When your investments, as distinctly opposed
to the sweat of your brow, will provide you sufficient
income to live a full and joyful life, you are truly
wealthy – because you are truly free.”
Quote from Simple Wealth, Inevitable Wealth by
Nick Murray
