The market is, for the most part, overvalued. And it’s been fluctuating scarily since Russia invaded Ukraine.

My friend and colleague Alex Green wrote an essay in The Oxford Insight recently, which made a point about investing that I learned from him (and others) 20 years ago. It has been the foundation of my passive wealth building strategy for all those years. And I credit it with two important facts: (1) My portfolio of stocks, bonds, and other financial assets has grown steadily all this time without a single down year. And (2) during uncertain economic times like we are living through today, I don’t worry much about market fluctuations.

Today, I give you my core wealth building philosophy, which is based on my personality. (See “What I Believe,” below.)

And then, I give you a part of Alex’s essay that addresses this point.