Let me tell you a little story today!
Once upon a time, a poor farmer was lucky enough to pick up a magical goose. This goose was different and laid a golden egg every day.
The farmer's life gradually became richer and he eventually moved into a luxurious mansion.
However, as time went on, the farmer wanted to get rich faster. So he decided to kill the goose and take out all the golden eggs at once.
However, when he cut open the goose's stomach, he found that there were no golden eggs inside, but just an ordinary goose. From then on, the farmer returned to his poor life.
This story makes us understand that it is crucial to have an asset that can generate income continuously. In contrast, directly cashing out assets may not be the wisest choice.
For example, if you have a house that can bring you a stable rental income every month, it is better to continue to hold the house instead of selling it directly for cash.
To own such an asset, we need to take out a part of our income for investment. By continuously investing and accumulating, we can cultivate more "geese" and get more benefits. Rich people usually own multiple properties, stocks, funds and other assets, which can bring them a stable cash flow.
When we start to own our own "goose", our wealth will gradually accumulate. As long as we keep working hard, we can also become rich people!
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