Financial Expert: Passive Income Is A Scam! - Morgan Housel

🎯 Top Takeaways

1. Compounding works best when you can let it run uninterrupted—time is your greatest investing advantage
2. Wealth is what you don't see: the money not spent on visible status is what builds true security
3. The highest dividend money pays is freedom—control over your time is the ultimate form of wealth
4. Savings rate matters more than investment returns for most people—save as much as you reasonably can
5. Enough is a powerful concept: knowing when you have enough prevents risking what you have for what you don't need