Jacob, don't you know what the difference is between you and other MD's that are still out there working for a living?
YOU SPENT LESS THAN YOU EARNED!
MD's are notoriously bad money managers and bankrupts who end up with a small proportion of what they earned when they do retire. They spend so many early years with no money that they tend to run wild when it starts pouring in.
You had the self control to save money, and the smarts to invest it in good companies.
Don't you realize that is the common quality shared by all on this board?
There is a very famous book on this subject, called,
The Richest Man in Babylon".
I read it in about 1972, but did not apply it until 1992. The point of this book is that you must "pay yourself first".
This is what you, and everyone else here, has done. We have saved our money, invested it in growing companies, and provided the Capital for these companies to be even more successful. Without us, and people like us, the economy would be a medieval one, with static growth.
We are all of various incomes, smarts, and character, but we have been successful because we have done these two things, that everyone else we know can do, and could have done.
And Jacob, let me tell you something.
WE DON'T OWE ANYBODY ANYTHING BECAUSE WE DID IT!
LindyBill@exceptfortecboywhoneverhadtosaveadime.com |
