What are the things differ from mindset of common man with investor,please share your thoughts.
IMO,investors never want to take loans for their consumption like home loan,car loan,etc then just save money and will buy the things for their needs but common man like you and me will buy the things immediately when we get the desire of it using loans but we are paying 20% of interest to those kind of loans.
taking loans vs not taking loans is not the difference between investor and everyday Joe.
There are many stupid people who take those small loans and then get trapped for very long time periods,just because they want a new phone or shoes.
Also investors do take loan and many ! The whole stock market is based on those who take loans and then invest in stocks, this is why stocks are strongly correlated to FED interest rates.