Nov 30 2018, 02:48 PM
QUOTE(wongmunkeong @ Nov 28 2018, 05:13 PM)
er.. just wondering why the focus on "others" and "average"? i thought we should focus on what we can affect?
Like focusing on our spending vs savings for FI/RE(FI/FU anyone?
)
+the marathon or methodological investing the savings to grow it.
ie. why compare to others when comparing to our "last year's self / net worth" would be more useful as something we can affect / better.
just thinking out loud ya - no absolute right/wrong, just wong
I think you are right on this one. We should always do better than OUR performance last year.Like focusing on our spending vs savings for FI/RE(FI/FU anyone?
) +the marathon or methodological investing the savings to grow it.
ie. why compare to others when comparing to our "last year's self / net worth" would be more useful as something we can affect / better.
just thinking out loud ya - no absolute right/wrong, just wong
I guess the comparisons to "others" and "average" is more of a feel good factor. We all like to be above average after all.
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