The Downside of Success

When I was a kid, one of my goals was to be a wealthy businessman. I grew up middle class; my parents both had good, stable jobs - my dad was in a union and my mom was a nurse - and we had pretty nice things. New cars, summer camp, piano lessons, a pool table in the basement. But my parents still stressed about money. There never seemed to be enough.

A seven-figure portfolio was supposed to eliminate all that stress. For years, my stress was caused by concerns that I wouldn't earn enough money, or save enough, or invest enough. But even now, I still feel stressed.

Warren Buffett says there are 2 rules to achieving wealth: 1) never lose money and 2) never forget rule number 1.

When you're starting out, you tend to focus on making and saving and investing money.

But once you have a little, you focus on how not to lose it.

​Money-related stress may be inevitable after all.