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If you lost everything, would you be okay?

Around 2 years ago, I read an interview with Ryan Holiday. I cannot locate it, but the gist was:

"If I lost everything and had to start from scratch, I would be fine. Really."

When I was 19, I interned at a financial planning company. I met with the manager/boss of the branch in my first week.

As I understood from others, he had a pretty high-income. Somewhere in the $250,000 - $450,000 range. He also had a PHD in philosophy, which at the time sounded like the greatest thing in the world. 

He told me: "If I was randomly parachuted out of a plane and landed anywhere in the world, I could create wealth. Anywhere, with my skills and philosophy background, I know I could make something happen."

Asset Allocation Part 2: Different Stock Classes

On Minimalist Wealth

Before I break it down, let’s restate our assumptions:

Assumption

Reason

We are investing for long, not short term returns

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