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Here’s a quote that I liked from the book Automatic Wealth.
Meanwhile, keep in mind that even though the material things you hunger for are indisputably of value, unless you have the financial capacity to keep them, to maintain them, and to replace them, you don’t have wealth. You simply have its obligations.
Here’s something equivalent that I can think of.
Don’t invest in a financial instrument unless you have the financial capacity to feed it. Examples: Life Insurance policies whose premiums run into tens of thousands of rupees, high-value multi-year Recurring Deposits, and such
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