President Barack Obama Message Board

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Politics : President Barack Obama

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To: gerard mangiardi who wrote (103528)	10/27/2011 2:59:14 PM
From: RetiredNow	Read Replies (1) of 149317

Tell you what. Take all the money you have and spend it on cars and boats and clothes and vacations. Then go and borrow as much as you can and repeat with the extra cash you get. Then come back to me next year and tell me how wealthy you feel. I personally will continue to do what I always do, which is to save and invest my money in assets that provide me a yield, while buying mostly those things I need with an occasional extravagance. Let's compare notes next year. I'll ask you the following questions, so please come prepared to answer them honestly. * Did all that consumption you went through create sustainable wealth for you? Do you feel stressed out and close to bankruptcy trying to make the payments on all the debt you acquired to buy you all those nice things? * Do you think all the investments I made created sustainable wealth for me? Do you think my path was a better path for the long run? How stressed out do you think I feel with all my money safely tucked away and returning nice dividend checks every month? * Now that you've been through this experience, what would you do differently?

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