I thought that’s kinda the point that the money is at this moment fictional… and it depends on luck whether it ever becomes real money (like, possibly yes, but also possibly no)… so the spending strategy should acknowledge this fact.
For example, we should not think about $1M of fictional money as having $1M real money, but maybe as having $300K real money (adjust the ratio based on previous experience).
I thought that’s kinda the point that the money is at this moment fictional… and it depends on luck whether it ever becomes real money (like, possibly yes, but also possibly no)… so the spending strategy should acknowledge this fact.
For example, we should not think about $1M of fictional money as having $1M real money, but maybe as having $300K real money (adjust the ratio based on previous experience).