A look at asset nomads/settlers

 As humans changed from a hunting/gathering lifestyle to an agricultural society, they were able to settle down in many ways, such as division of labor, population, and technological development, due to the greater amount of food and land than nomads.

Nomads use up all the animals and resources of a specific area and then move to another place, and the animals they carry become their assets.

However, I think that for settled people who settled in an agricultural society, land and crops became their assets, and rather than using up all the resources of the area, they produced together with nature and developed the concept of each person's assets.

Also, hunting produces immediate results, but farming requires time and effort, so it also had the effect of increasing human patience.

And nomads always have to monitor and manage their assets (animals) because they have legs.

If someone steals the assets of nomads or they die from disease, they will starve to death.

However, settled agricultural people can store a lot of grain, and even if there is a bad harvest this year, they can survive if they have grain stored up.

In this way, it is necessary to check whether you are currently growing your assets in a nomadic form (liquid assets) or in an agricultural society (fixed assets).

If you have a lot of assets in a liquid form (cash that can be immediately redeemed), you are always anxious and need to continuously look for new investment opportunities.

However, fixed forms (investments for more than 1 year, such as real estate and stocks) are less anxious than liquid forms and you just need to manage them well.

For example, you can think of it as purchasing real estate (liquid assets → fixed assets) and receiving monthly rent (profit generation).

Another example is similar to purchasing stocks (dividend stocks) and receiving dividends (profit generation) and reinvesting them (liquid assets → fixed assets).

If you build an asset growth system in this way, money will play a role in making money even while you are sleeping.

When you waste time looking for new investments in the short term, some people tend to worry and invest in the long term and focus on other things.

I think that we should be settlers, not nomads, in terms of our attitude toward money.

Of course, since everyone has different thoughts and areas of expertise, I am not saying that we should always live on rent or buy dividend stocks.

Some people can create their own asset growth system (their own abilities → liquid assets) as YouTubers, and some people can operate their own asset growth system as a business.

I think that if we can build a system that makes money money even when we are old and don't have to work physically, we will be satisfied with that.

Since there is no right answer in life, I hope that each person dreams of their assets and future by doing what they are good at, in their own way, and looking a little further ahead.

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