I remember MJ saying in The Millionaire Fastlane that every dollar you save is like a soldier in your army that fights for your independence.
Then he also goes on to mention something about investing in the index and 7-8% growth rate (sorry if I am mixing things here).
Given this, I am confused if he means we should invest our extra dollars into the stock market while we are trying to start our Fastlane business?
The above statement sounds counter-intuitive to the idea of TMF where he kind of suggests that investing in the stock market won't get you rich and business and liquidation events are the way to get those millions of $. So I am probably mixing things here.
But I would appreciate it if anyone can clarify what that part really meant (I don't have the book with me).
And also, should I invest in the stock market at all if I am set on following Fastlane? What if I have multiple years of personal expenses in savings?
Then he also goes on to mention something about investing in the index and 7-8% growth rate (sorry if I am mixing things here).
Given this, I am confused if he means we should invest our extra dollars into the stock market while we are trying to start our Fastlane business?
The above statement sounds counter-intuitive to the idea of TMF where he kind of suggests that investing in the stock market won't get you rich and business and liquidation events are the way to get those millions of $. So I am probably mixing things here.
But I would appreciate it if anyone can clarify what that part really meant (I don't have the book with me).
And also, should I invest in the stock market at all if I am set on following Fastlane? What if I have multiple years of personal expenses in savings?
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