Over the past year, Best Buy has returned 59.24%.
Citigroup has returned 78.92%.
Netflix has returned 332%.
That’s real money. If you put $100,000 into Netflix this time last year, you’d have $332,000 today. That money is the difference between having neighbors that drive bouncy cars and having neighbors that own the used car dealership that sells the bouncy cars.
I owned none of those companies at any point in my life, and in all likelihood, I never will. And it’s not because I’m content with being inferior—rather, making that kind of money with Best Buy, Citigroup, and Netflix would be an example of me trying to play a game I’m not cut out for.
As far as I’m concerned, Best Buy has too many similarities to Blockbuster and Borders. It has been an anachronism ever since Amazon went mainstream. People go to Best Buy, test the electronic goods they … Read the rest of this article!
The post Jealousy, Envy, and Greed Are Great Tools For Destroying Wealth first appeared on The Conservative Income Investor.