Quote:
Originally Posted by woj
that strategy doesn't really work...
a. saving 15% of your check is not as easy as it sounds
b. you have to wait 30 years for that million, which by that time is worth closer to $400k or less
c. and by the time you reach it, 30 years of your life are gone, you are 65 and probably too old to do anything fun... IF you even make it, could die of cancer or something when you are 55...
d. "a million" is fuck all now a days, to really feel wealthy you need at least a few million, which a person working a "decent job" will realistically never reach in their lifetime...
 |
It's not ready nor necesarily fun. It IS how 95% of millionaires get there.
For some people it's fun to watch their mutual fund holdings exceed their annual income. Others enjoy taking a shot on a big idea, taking that risk. Some enjoy not knowing if they will be rich or broke next year. Others like the mathematical certainty they they will retire comfortably at a certain age.
I do both to some extent. I'm slowly but surely building equity in my home, which I will own outright in ten years. On the other hand, over the next few months I'll be pushing Clonebox hard in mainstream, trying to make $5 million in 5 years.
__________________
For historical display only. This information is not current:
support@bettercgi.com ICQ 7208627
Strongbox - The next generation in site security
Throttlebox - The next generation in bandwidth control
Clonebox - Backup and disaster recovery on steroids