If your ambition doesn’t grow with your wealth, the wealth makes you stupid by enabling you to delay decisions longer under uncertainty.
I’ve done most of my on-time risky trigger pulling when money was tight, delayed it too long when it wasn’t
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For the first time in my life I have just a few thousand in savings and I have been considering investing it in some micro loan situation for this very reason. There's a sweet spot of financial wiggle room that enables the acuity you describe; either wise can be dulling.
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Not sure those fit with my model of changemaking but worth a second look
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Can’t be radical on all fronts. Retirement investment infrastructure is one of the few things that’s decent if you know how to use it. Roth/regular IRA, put it all in S&P = basic vote of confidence in the nation.
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Yeah but investing in companies that I suspect are bad for planet and people would take a huge and expensive toll on my mental and physical health
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In a way index funds incorporate that thinking indirectly. If enough people are shifting behaviors index will go gradually greener. If not, targeted green investing might hurt you without helping the cause.
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