When Abraham Maslow, the famous American psychologist, developed the model about the hierarchy of needs, did he know that there could also be a hierarchy of investments? For every human need that there is, one needs some money. How much money is needed in how much time, and for how long, becomes the key question then. Let us see if we can also create an investment hierarchy that addresses these needs.
This article was originally published on September 11, 2023.