Money and Investing Have Changed, with Chuck Jaffee
Afford Anything | Make Smart Money Choices
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Can We Be Our Own Worst Enemy?
"People get fixated on numbers, right? So i'll tell the story of my uncle. My uncle, as an emigrant from germany, came to america and became a farmer," he says. "He was legendarily frugal but had a goal of leaving to his children a million dollars." He couldn't spend a penny because any money that he spent would drive his portfolio below a million dollars,. That ran the risk that he wouldn't get there again.
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