Knowledge + Discipline + Fear + Greed = Wealth
Ignorance + Recklessness + Fear + Greed = Financial Disaster
Above 2 equations from a book of Andrew Chia. Notice the common ingredients are Fear + Greed which took me by surprise. Is true when you come to think of it that fear & greed are present in humans. Is the other 2 ingredients that produces different outcomes.
How come the subject of $$ is not taught in schools?
Mass ignorance = Financial Disaster when the masses are woefully prepared for retirement.
Mass ignorance = Easier to rip & sell unsuitable profits leading to handsome profits for financial institutions.
Mass ignorance = Large numbers of people stuck in a job they don't like.
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