Thursday, 1 August 2019

_*Value(s), Money & Life*_


*Value* -

The importance or usefulness of something

Principles or standards or behaviour, one's judgement on what is important in life

An estimate of monetary worth

Considered (someone or something) to be important or beneficial; have a high opinion of

*Price* -

The amount of money expected, given or required in payment for something

An unwelcome experience or action in achieving a specific objective

*Value* is perceived
*Price* is the reality

*Value*....in investing, is what we think it is worth.
*Price*....in investing, is what we actually pay to acquire the asset

*Value*....can be very deceptive
*Price*....is not an illusion

But...........

*Values*.... _in life_, *are not relative* to ones circumstances, situations, financial or monetary considerations, life stage, relationships etc.

*Values are Principles*… that one sticks to, in every breath.

*Price is the Experience*...that one has to undergo (good, bad or ugly), for sticking to those underlying values.

*Investing or in Life*, if we can't differentiate between the *value(s) & price*.....both turn out to be an expensive affair🤷🏼‍♂

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