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Old 02-28-2008, 06:31 PM   #7 (permalink)
run_fly
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Join Date: Nov 2006
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Thanks for the reply guys...

I am trying to get my head on straight about money. It seems like every decision to increase my wealth has consequences.

Another thing I was considering doing to increase wealth is to be an active investor but there again it takes time away from other areas in my life to study and will increase stress and I don't enjoy or love it as much as my career.

I really like the idea of the stress free oldschool method of.
1.Work hard at my job (I love my job and it feels great) Even tho it's a typical 9 to 5 salary job...
2.Put money away to get out of dept
3.Invest in Index funds, mutual funds, bonds.
4. Be smart with greed that sets in when I get money from my job and keep liabilites low. (Ex: I don't need a car right now in my current life situation)

5.Don't bother with investing in real estate or any other investments that require active work to take care of.

Simple, stress free, passive, and balance - Enjoy life without obsessing with money. I know it goes againsts some wealth gurus philosophies with Robert Kiyosaki.

I know this will not make me incredibly rich or anything but it's really ok. Life is short and for me personally being really well off financially is not a main priority of my life values. What I love to do in life happens to pay me 50k to 100k a year. I am a big student of personal development and at the beggining I thought getting rich was important being it a major topic of personal development.

Last edited by run_fly; 02-28-2008 at 06:58 PM. Reason: add info
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