The first few pages of the chapter on Investments…
The only sane measurement of “wealth” is the power to buy stuff. Getting wealthier only happens when your ability to buy stuff is growing. If it is not, then you are getting poorer.
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After a decade of advising clients in large brokerage firms, Chad Gordon started GreenStar Advisors in Denver, CO… and on the heels of the greatest market collapse of our lifetimes. In coaching his clients through this, he found that the biggest factor affecting client’s performance was not necessarily where their money was invested but more so in how they behaved during the crisis.