The professor is recommending a kind of DCA cash-out. I hadn't considered that. It's an interesting thought. But, in a general sense, the prof's comments are obvious. Of course, having a steady income stream means you will never be poor. The problem is, where does one find this money faucet?
People are poor because they don't have a money faucet. If they had something to tap, well, obviously they might not be rich, but they wouldn't be poor.
🎓 How to never be poor according to my University professor
Yes. That's it.
Interesting. It's the reverse of DCA investment.
The professor is recommending a kind of DCA cash-out. I hadn't considered that. It's an interesting thought. But, in a general sense, the prof's comments are obvious. Of course, having a steady income stream means you will never be poor. The problem is, where does one find this money faucet?
People are poor because they don't have a money faucet. If they had something to tap, well, obviously they might not be rich, but they wouldn't be poor.