Friendship Crossfit

Assets vs. Liabilities & Compounding Interest Assets: Taking an ownership interest in something that earns a return on your investment. Must earn above the rate of inflation once all costs & time are included. Must earn a return in line with the risk you are taking. 2. Tax advantaged vehicles. HSA, IRA, 401k, 529, etc. Rental or Commercial Real Estate Business entities 3, Liabilities: Things that earn you a negative ROI. The game is to acquire as many assets as you can, that end up paying you a monthly coupon, dividend or distribution that you can support you, your family and your charities on. Once you achieve this, you are functionally retired and can focus solely on your health, happiness and contribution to society. Compounding Interest Warren Buffett, Charlie Munger, Peter Lynch, Bill Miller, Ben Graham, these are some of the biggest names in investing. The one similarity that they all share is that they believe that the power of compounding interest over time is the greatest ‘mystery’ for