You are viewing a single comment's thread from:

RE: Financial grounding: A question

in #thoughts5 years ago

Sitting on a "good chunk-o-cash" is something to look forward to for sure.

I like the simplistic nature of your strategy...No bullshit, no smoke and mirrors...Just gold old fashioned logic. Nice work.

The spend less than you earn comment was so off the cuff and at first I was taken aback but within seconds it sort of started sinking in...That was almost 20 years ago...I've been deploying it since then and suggest everyone else does too...But that's a choice we each have to make for ourselves.

Thanks for your awesome comment. I won't say, "bring on 60!" because as good as sitting on chunky cash will be you want to live your life as it rolls out I reckon. :)

Sort:  

well i don't remember exactly how old i have to be to avoid capital gains taxes... by the time I am 60 they will have likely moved it to 80 or something crazy like that :P

Haha, yeah I hear ya! They keep moving the goal posts...And sub-40-year olds think they will have someone to look out for them, a government pension when they get to retirement age. Yeah people, keep dreaming...And spending every cent you have on afterpay/paylater... Idiots.