I'm always optimistic about the future. It is maybe because I am a member of Abundance Digital, and I hear every year the presentation of
Peter H. Diamandis
I agree with his optimism if I see the numbers. It is independent of what the media is telling us, but we are living a way better life than it was a century ago!
Just check his last blog entry:
I think what differentiates between poor and rich the most is mindset. I'm not talking about those who inherited their wealth and were born into abundance, but more about those who built wealth independently. Just another example of how the Vanguard empire was built from zero:
In this sense, I think the most important fact what uncommon for most people is what is the importance of understanding how financial markets and investments work.
It is also a strong point if you check the taxation system all around the globe!
How much taxation you get for personal income, versus how this changes if you receive your income from investment!
You will be surprised if you realize the difference, and when you reach your ultimate financial freedom!
It doesn't mean you will not work, but you will work on your funds!
Why is this important? I tell you the secret: Because of AI
One way you can feel threatened by the growing intelligent capabilities that OpenAI's ChatGPT already presented in a short time frame. Now, it is more capable than unskilled persons, but it will grow even more!
You can start building your fear, and I can tell you what you predict will happen! But what if you take control of your faith?
This is why it is important to understand how you can make your financial situation sustainable!
You can tell those wealthy are lucky, but I will tell you the secret! They can build their wealth from nothing again, whatever happens! That's the difference!
This system may only work because the mass is not part of it, but AI will change the field!
My bet is on Financial freedom and investment knowledge, which built exceptional empires in the past!
My life has already changed in the past few years thanks to my investment practice, and it will change things even more, as Finance is also an exponential technology if we are using it well!