Where I'm from we don't trust paper. Wealth is what's here on the premises. If I open a cupboard and see, say, 30 cans of tomato sauce and a five-pound bag of rice, I get a little thrill of well-being-much more so than if I take a look at the quarterly dividend report from my mutual fund.
About this quote
- What does it mean?
- True security comes from tangible assets rather than financial abstractions.
- In plain terms
- Real stuff matters more than paper promises.
- What can you take from it?
- Focus on owning essentials you can see.
Where it applies
Putting it to work
Questions to consider
- What do you own that truly matters?
- How much security do you need?
Another view
This ignores the role of liquid assets in emergencies.
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The funniest line in English is 'Get it?' When you say that, everyone chortles.
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