[Investment and Financial Management] Wealth is not how much money you have, but what is left after you lose all your money?

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Want to talk today about wealth and money, are they the same thing? Is having a lot of money the same as having wealth, and is sitting on wealth the same as having a lot of money? This article will briefly discuss the difference between the two and explain that “Wealth is not how much money you have, but what is left after you lose all your money?”

Whether you like money or not, think it is a dirty representation, a manifestation of worldly greed, or you regard money as a display of extreme art, it is undeniable that money is a necessity for our daily life and transactions, and through work Use labor to get money, and then use this money to buy all kinds of things you like or want to sustain life.

Therefore, money is not a pure value. The 100 yuan banknote itself does not have the value of 100 yuan, but a currency borne by the government's credit. Unlike traditional gold coins and silver coins as transaction chips, money itself It has the value of wealth, and the two can basically be interchanged with each other. After the collapse of the gold standard of the Blington Woods system, the banknotes only have the value trusted by both parties to the transaction.

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After discussing money, let’s talk about wealth. When we hear wealth, most of us think of a large deposit in the bank or the real estate we live in, but are these really wealth? Under the condition that the interest rate in the bank is much lower than the inflation, the nominal deposits seem to be increasing, but the real purchasing power is decreasing. Robert Kiyosaki also emphasized that the real estate for personal use is actually the biggest liability. Then, what is wealth? And how to accumulate wealth?

The so-called wealth, or assets, refers to the things that can bring money, or the wealth that can bring cash flow, such as stocks, bonds, rented real estate, can be regarded as a kind of assets, and at the same time Pay attention to the effect of inflation on the rate of return.

After talking about money and wealth, you will find that wealth is not limited to calculable money or physical assets. The most important wealth is actually yourself, including your knowledge, skills and attitude towards life. Therefore, Wealth is not how much money you have, but what is left after you lose all your money?

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When you no longer have external assets, no more calculable money, and nothing, you will be able to clarify your own greatest wealth and value as a human being, break free from the original shackles, and be buried by social expectations. The self, rediscover the value and wealth that is exclusive to oneself, and the wealth that cannot be taken away, cannot be lost, and is combined with oneself.

Wealth is not how much money you have, but what is left after you lose all your money? By rethinking this problem, clarify the difference between money and wealth, and the value of each person, if you no longer use money to measure yourself, no longer use hourly or monthly salary to calculate your price, but find yourself The real value of this wealth.

Real wealth does not fluctuate with the flow of external money. Compared with the accumulation of physical assets, accumulating one's own ability is the most efficient investment. Even if you lose all your money, you can still highlight yourself. Really valuable wealth.