The mindset shift of why I'm not much of a consumer

Discussion in 'Investor Psychology & Mindset' started by Gockie, 4th Nov, 2017.

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  1. Sackie

    Sackie Well-Known Member

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    Can't believe such a sweet talker has no mates...
     
    Sackie, 6th Nov, 2017
    #21
    Scott No Mates likes this.
  2. BuyersAgent

    BuyersAgent Well-Known Member Business Member

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    Honest and perceptive as always Blacky. The article uses a nice little trick with leverage (and an assumed 90% lend which may or may not be realistic in today's lending environment) to show how a lower return might technically trump a higher one. Not sure if he includes LMI fees and interest into that, however! Also, correct we are all in the matrix of consumption like it or not but at least if we are conscious of it long enough to question a particular transaction on any given day perhaps we can make more informed wiser choices. Who we point the measuring stick at is the most useful question for me, it should be up and down the spectrum not just up as seems to be the norm.
     
    BuyersAgent, 6th Nov, 2017
    #22
  3. MTR

    MTR Well-Known Member

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    Don't have to apologise I think life is too short to not enjoy today, who knows what will happen tomorrow.
     
    MTR, 6th Nov, 2017
    #23
    jim1964 and Sackie like this.
  4. Colin Rice

    Colin Rice Mortgage Broker Business Member

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    Money buys experiences that create memories.

    Experiences can come from a tangible object like a car or intangible like memories from a holiday.
     
    Colin Rice, 6th Nov, 2017
    #24
    lamecrocs, Sackie and chylld like this.
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