Category: Defining Wealth

Wanting and liking: never forget the difference

There’s a difference between wanting something and liking something. In the modern world there are brilliant, hugely incentivised people trying to make us want things we won’t necessarily like. More than ever, we need to keep the distinction between wanting and liking in mind. 

Group all of your assets into three categories: investments, home, and stuff

In this article, I propose a powerful exercise. Group all of your assets into three categories: “investments” (assets that generate an income for you), “home” (assets that provide you with accommodation), and “stuff” (everything else). What is the current composition? What composition do you want as you head towards retirement? 

Money is not the measure (risk edition)

While I’m talking about money not being the measure… It’s worth bringing attention to a thought-provoking article by Cathy O’Neil titled “The basic unit is risk“. O’Neil shares a “pet theory”, arguing that: speaking...

Diversifying your happiness

Dan Buettner, in interview with James Hamblin for The Atlantic: [think] about happiness in the same way you think of your retirement portfolio. You want it balanced—the short term and long term, stocks and...

The billion dollar question

Sometimes you have insights which change your priorities in life. As I was approaching 20, I had one of those insights. As unromantic as it is, I believe it was prompted by reading some...