The most comfortable spot on CT is near the top league, but not in the main character category.There you have a good upside without downsides of being a main character.Main characters always end up in the same way sooner or later, and most of the time it's pretty uglyAndrew Forte (@AndrewAsksHow):Yesterday showed us again that becoming the main character has downsidePeople will despise you while watching you win for months that makes them sickAs something controversial happens people you’ve never met will b ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Alternative property lender LendInvest recently issued 8.25% APY bonds that offer much higher interest payments than CDs and savings accounts. These bonds mature in 2030, and they also come at a time when the Federal Reserve is cutting rates. Investors need at least 1,000 British pounds ($1,337) to get a retail bond, with multiples of £100 afterwards. While an 8.25% APY is a compelling rate, it's easy to w ...

Personal Development & Relationships - The quality of relationships is more important than the quantity, emphasizing shared values in personal connections [8][9] - Building a wide professional network requires a learning mindset and good communication skills [10][11][12] - Mentorship should focus on specific skills rather than seeking a single all-encompassing mentor [34][37] - Small acts of communication, like reaching out to someone, can strengthen relationships [38] Financial Flexibility & Freedom - Forming a savings goal is crucial, highlighting the importance of understanding where money goes [16][17] - The concept of opportunity cost should be considered before making indulgent purchases [19] - Starting to save early leverages the power of compound interest, significantly increasing long-term financial outcomes [20][22] - Starting with small, manageable savings amounts (e.g., $20 per week) can help form a lasting habit and prevent lifestyle creep [39] Health & Well-being - Diet should focus on eating when hungry and stopping when satisfied to achieve a natural, healthy state [26] - Practicing gratitude, as taught in resources like Dr Lori Santos' course, contributes to overall well-being [26][27][28] Career Expectations - Aiming for a 70% fit in a job, where the majority of work is engaging, is a good deal [30] - Prioritizing learning experiences over prestige is valuable, especially in one's 20s [31][32]

Core Insights - Treating deadlines as sacred can lead to significant opportunity costs, as it may suppress curiosity and discourage raising concerns, ultimately resulting in greater costs than delays [1][13] - A culture that prioritizes speed over safety can lead to catastrophic outcomes, as seen in various industries including aviation, oil, and automotive [2][3][5] Boeing Case Study - Boeing's rush to compete with Airbus led to the quick certification of the 737 MAX despite engineers' warnings about safety issues, resulting in two crashes and over $20 billion in costs [2] BP Case Study - The Deepwater Horizon oil spill exemplifies a project management failure where pressure to meet deadlines led to ignoring safety warnings, costing BP over $60 billion [3] Volkswagen Case Study - Volkswagen's emissions scandal arose from an unrealistic deadline, leading to the creation of software to cheat emissions tests, resulting in over $30 billion in fines and lost opportunities [5] Samsung Case Study - Samsung's Galaxy Note 7 was rushed to market, leading to recalls and losses estimated at $17 billion due to overheating issues that were not adequately addressed [6] HS2 Project Case Study - The UK's HS2 high-speed rail project saw costs escalate from £30 billion to over £80 billion due to ignoring internal warnings about unrealistic budgets, resulting in wasted resources [7] Berlin Airport Case Study - The Berlin Brandenburg Airport project faced delays and cost overruns from €2.8 billion to over €6.5 billion due to a rush to meet deadlines, highlighting the importance of addressing concerns early [8] Lockheed Case Study - Lockheed's F-35 program suffered from a strategy that prioritized speed, leading to hundreds of billions in costs due to retrofitting aircraft built before testing was complete [9] Sydney Opera House Case Study - The Sydney Opera House project experienced significant cost overruns from A$7 million to over A$100 million due to rushed decisions and scope changes, emphasizing the need for careful planning [10] Positive Examples of Delaying Deadlines - Companies like Apple, Toyota, and Johnson & Johnson have demonstrated that delaying launches to address issues can protect reputation and save money, showcasing the value of prioritizing quality over speed [12]

Core Viewpoint - The traditional belief of "debt-free is carefree" in home buying may lead to significant missed investment opportunities and financial losses in the modern financial context [1][11]. Group 1: Interest Cost Analysis - Full payment for a property priced at 2 million yuan results in no interest payments, appearing to be a stress-free option [3]. - In contrast, a 30-year loan with a 3.1% interest rate leads to a total repayment of approximately 2.152 million yuan, including 752,000 yuan in interest, which is nearly half of the principal [3]. Group 2: Opportunity Cost - The opportunity cost of paying 2 million yuan in cash includes the potential investment returns that could have been generated over 30 years [4]. - If the 1.4 million yuan cash (after a 30% down payment) is invested at a conservative annual return of 5%, it could grow to approximately 6.05 million yuan over 30 years, representing a potential gain of 4.65 million yuan [4][5]. Group 3: Inflation Impact - Inflation acts as a natural ally for borrowers, as the fixed monthly payments become less burdensome over time due to rising incomes and decreasing purchasing power [5]. - Full payment buyers lose the opportunity to leverage inflation to dilute their debt, as they pay in today's more valuable currency [7]. Group 4: Cash Flow and Risk Management - Full payment can lead to a fragile financial structure, as it ties up most liquid assets in a single property, making it difficult to respond to emergencies or seize investment opportunities [8]. - Loan buyers retain more disposable cash, providing a safety net for unexpected situations and allowing for investments in education, health, or other opportunities, enhancing financial resilience [10]. Group 5: Reevaluation of Home Buying Perspectives - For most families, opting for a long-term loan with manageable interest rates (below 5%) and investing available cash wisely is a more prudent financial strategy [11]. - The psychological comfort of full payment comes at the cost of significant opportunity loss and reduced financial flexibility, suggesting a need for a shift in traditional home buying beliefs [11].

Group 1 - iREIT+HOYA Capital focuses on income-producing asset classes that provide sustainable portfolio income, diversification, and inflation hedging [1] - The service offers a free two-week trial for potential investors to explore exclusive income-focused portfolios [1] Group 2 - Opportunity cost is highlighted as a significant factor in investment decisions, particularly in a market that favors growth stocks and high valuations [2] - The emphasis is placed on the importance of owning quality dividend-paying stocks for meaningful returns [2]

Opportunity cost is any gain you pass up by deciding on one use of your resources over others.Learn more here: https://t.co/gahy4tLltU https://t.co/b6lewKIM1M ...

If you don't want to be like everyone else, then you have to avoid the number one wealth killer that nobody talks about. Take a look at this chart. It shows how the average person spends their money each month.And believe it or not, one of these categories is quietly killing your chances of building wealth. So, let's uncover it together. First up, housing.This is the biggest slice of the pie. So, it's definitely the wealth killer, right. Well, although paying rent or a mortgage is expensive, at least it pro ...