I have a lot of t-shirts. If I had to estimate how many, I would guess one million. I think it’s because I like t-shirts. They’re comfortable, they look good on me, and one of the perks of living in San Diego is that they’re socially acceptable to wear 365 days per year.
But I hate most of my t-shirts. They were freebies from a long time ago, or they don’t quite fit right, or I don’t like the design, or who knows what. But I do like maybe 7 of my t-shirts. And so I was thinking… why do I even bother keeping the other 999,993 t-shirts? All they do is take up space and bring down the average t-shirt value in my closet. If I dump the crappy ones and keep the good ones, it’s not really losing t-shirts, it’s increasing my AVERAGE T-SHIRT VALUE. Like culling the herd. Only the strong survive, who will procreate to make even better t-shirts. Well maybe that part of the analogy doesn’t work here, but the average value increasing is just straight up good math.
So when you’re looking at all your junk around the house, think about culling the herd. One of my mantras is “fewer things and nicer things”. I’d rather have just 3 star emojis than 3 star emojis AND 4 poop emojis. I don’t need those poop emojis defiling my star emojis!
As always, reminding you to build wealth by following the two PFC rules: 1.) Live below your means and 2.) Invest early and often.
-Jeremy
via Instagram
Day trading, crypto, Forex… what is the real path to wealth?
I’ve had this mental image for a long time of a new investor entering the world of investing for the first time. It’s a scary