|
I'm not even thinking what the government will do for me. I'm powerless in that regard, so why fret?
I have a good 30 or 40 years until retirement (I think), but the next 5 to 10 years is debt-repayment/income increasing mode for me.
That gives me 20 to 35 years for wealth building. I have the know-how, just not the resources at the moment. I have basic means. I think I can do it.
Compound interest can either be your best friend or a millstone around your neck. I intend to be a value investor when the time comes. I've edited several books on personal finance and investing, and I'm currently reading Benjamin Graham's Intelligent Investor. I'm learning bucketloads. I'll be ready.
Stocks, bonds, cash. These are your tools; use them wisely.
__________________
Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
|