It’s important to remember the difference between speculating and investing. Speculating is trying to guess what’s going to happen over the short term. Things like:

When you make millions of dollars a year, it doesn’t mean you’re financially set. Lifestyle creep affects people at all income levels. MC Hammer’s 40,000

Fees are these tricky little guys. They hide all over the place, then can erode half of the value of your investment. These two charts