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Strategies & Market Trends : HOW MUCH MONEY IS YOUR GOAL???

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To: Yaacov who wrote (317)5/12/1997 12:10:00 PM
From: JT   of 470
 
Yaacov, Frank, Ann et al: I am back at work and it is a busy Monday because I have been out of the office for a week. the following may seem off topic but I think it relates to original tenent of this thread.

My wife and I just spent the the last week in New Mexico. We rode mountain bikes through the foothills of the Sandias mountains. We hiked to the top of Kitchen Mesa behind Georgia O'keefe's ranch in Abiqiui. We felt like we could see the whole world, and not a soul in sight. Then we did a white water rafting trip down a seventeen mile stretch of the Rio Grande, 700 feet in a gorge. When we got home to Atlanta we took a nap, had a bowl of soup with bread from our breadmaker and watched Pretty in Pink on TBS. That is what makes us content. I was talking to our guide on the raft trip and he does river trips in the summer and works the ski slopes in the winter. By the way, He has been putting money in KO and Vangaurd 500 index fund for the past ten years.
I am not saying that I am going to quit my practice and become a ski bum. I just want to make sure that we take advantage of all that life has to offer while we are young enough to enjoy it. I am fortunate enough to have a career that provides me enough income to save for the future and live life to the fullest. For most of my life I have adhered to this philosophy but a few months ago when I started investing I became a money hungry scrooge. All I could do was sit at my computer and use my Quiken program to calculate how much money I woul have in 20,25 and 30 years if I invested X amount of dllars every year,. Luckily, I have snapped out of it. From now on I will invest steadily in the great compainies that everyone has mentioned here and not worry myself over daily movements in the market.
What's my point? I really have none other than to express that how much much is my goal has changed since my original post. The only other goal I have is that my kid or kids(when we have them) be able to go to whatever college they want. I would rather have wealth of wonderful experiences and a moderately sized portfolio when I die than a huge portfolio and no wonderful experiences. Does this make sense? I apologize for the length and tangentiality of this post but it was just something I wanted to say. I think the post about keeping life simple was great. I hope that everyone on this thread can achieve their goals. I think that they can. The words of wisdom and encouragement that I have received on this thread have been invaluable. I thank everyone for their kind words and I hope that we all continue to prosper together with the help of each other. Good luck to all.

JT

PS My wife kicks ass and I love love her a lot. One day I will tell you guys about how I fell out of the boat on the rapids and was flying downstream. The thought of death can also change your goals in a hurry.
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