91. The Law of the Most Valuable Asset

Your most valuable asset is your earning ability.

An asset is something that yields a steady, predictable cash flow. Your ability to earn money is probably the most valuable asset you have.

Your ability to work, to produce, to earn money in our competitive economy by applying your brain and ability to your world enables you to generate tens of thousands of dollars each year. You could lose everything, all your possessions, but as long as you maintain your earning ability at a high level, you can continue to enjoy one of the highest standards of living in the world.

It has taken you your entire lifetime to develop your earning ability to where it is today. But your earning ability is a depreciating asset, ...

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