Wes Rowlands

But what is your tip of the spear?

What are you primarily?

Now,

Obviously, a spender is not going to build their wealth.

If they're primarily a spender, you're not going to build much wealth.

If you're a saver, to be honest with you, you're not going to build much wealth.

Why?

Because money just represents purchasing power and money gets diluted over time via inflation.

So unless you're a trust fund, baby, you inherit a bunch of capital and you can sustain the decay over time and you're still wealthy.

That's probably not any of us on this call and any of us listening, right?

So now we have two more left.

Okay, are you going to be primarily an owner or a lender?

A lender can feel okay because it's kind of short-term stable.

Hey, I'm going to lend my money to the bank, right?

I'm going to get a CD.

I'm going to buy some bonds, et cetera.

That's okay.

But if you're primarily doing that, what could be the problem of that?

Well, number one, if your personal inflation is at 6%, I don't care about CPI.

I care about your personal inflation because it's your personal money.