Mercedes or Honda?

Two recent first-hand incidents got me to post this eccentric poll on twitter yesterday. You’re buying a spanking new car. You only have two options. Both involve cars dressed up to look different (only on the outside.) Option 1. Mercedes S-Class. Looks like Honda Civic Option 2. Honda Civic. Looks like Mercedes S-Class Which do you choose? — Calm Investor (@CalmInvestor) July 19, 2019 The two incidents: One. I and my wife had taken our 1-year old for his first haircut. My son, sitting in his mother’s lap, looks around happily, smiling at the strangers trying to distract him, as

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What eating pizza can teach us about wealth building

In the book ‘Richest man in Babylon‘, the author lays out what he calls “seven cures for a lean purse” for wealth building, each fairly simple, but if followed diligently over a lifetime, will build wealth. If you’re too busy to read the book, take a look at this post summarising the key points and how they apply to the young Indian investor. Revisiting one of the seven cures, namely, the 2nd cure that says to “control thy expenditure” because “what we call ‘necessary expenses’, will always grow to equal our incomes, unless we protest to the contrary.” Think back

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