VB Dad of the Year RDBM Barn Stall Owner #9 Barn Raising I,II NCM Supporter '11,'12,'13,'14,'15,'16,'17,'19,'20,'21 Bantayan Kids '13,'14,'15,'17 GTMS ‘18
Points: 124,174, Level: 100 |
Join Date: Jan 2011
Location: Fort Myers
Posts: 36,640
Thanks: 10,222
Thanked 21,145 Times in 8,341 Posts
Gameroom Barn Bucks: $35999378
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Quote:
Originally Posted by DAB
investing starts with you saying to yourself: NO.
no, i won't spend every dime i make this week.
no, i won't buy more cars than i can drive at once.
no, i won't go out to dinner 3 times a week.
no, i won't....fill in the blank.
if you have nothing left over after pay day, there is no way you can invest, either poorly or well.
the biggest thing youngsters have going for them is time. time to ride out market ups and downs, time to let the first dollars compound over and over again.
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Mark my words...I believe GWiz will be a millionaire in 10 years. She has the best of both of her parents. My earning potential and my wife's savings and frugality. She starts her career well into the 6-figures, has zero debt, and doesn't spend a dime. And for the next year or so, she's living rent free.
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