I have been thinking long and hard about what the right things to do are financially. I am just a regular guy, no one with any huge fortune, just a working guy. I earn my paycheck, and I spend it all on rent, bills and food. Most people seem to, although as I get older I start to notice that not everyone is in such a circumstance.
The right things to do, are up to each of us to decide. I've long had a dual attitude, both that money doesn't matter but also that it does. It hasn't served me well financially to be so lukewarm but for my soul the lack of attachment is healthy. I can be content with or without, however having is certainly better. With discipline even through tough times I work and earn and pay my bills and my debts.
There was a homeless man who called me a dumb duck for paying my debts when they were deep, but would I rather be him? Me, certainly, and now having climbed out of the valley of peril I continue moving forward.
The past few years has been hard for many, as things can always be during good times or bad. My own determination ad resolve has increased, fortified even. And this week I began to make the climb up the mountain by opening a new wealth account and meaningfully by depositing the first $50 inside.
The journey of 1000 miles begins with the first step, and I having long thought about buying stocks, though discouraged by the fearful will continue to make biweekly deposits into this new account.
Nay I cannot afford within my limited budget to start a giant portfolio or buy any of those expensive assets that the wealthy possess. I do not envy them, but do aspire to join their ranks for the good that having a little more may one day afford. The time will pass, and the money pass too through my hands. Can I willfully, honestly and regularly direct a percentage of my wages towards my future success?
I have been carefully tracking my expenses and noticing where my losses compound. I don't have much to work with, but this investment strategy is a sacrifice I am willing to make. I must also continue battling the dragon of debt who eats silver coins, but as long as i don't give up the fight, and put large payments against my balance, I will reduce the interest I pay.
My goal is to fund my wealth account Every 2 weeks, and when I have enough I can begin purchasing the top stocks. By the end of the year I will to have a few, more than none.
I also want to reserve at least a $200 cash balance, but grow it to $2000 eventually, so long as I am not falling behind on expenses and debts. Surely if I remain steadfast and hodl my shares for a few years i will finally see my net worth begin to rise. We should also not forget to buy more Bitcoin than we think we want this year, as it may be the last chance to get a few Sats for under a million dollar ₿tc price.
Cash, Stocks, Bitcoin, Silver. Maybe some new companies will emerge along the way, I would like to have the option to buy. Definitely the top 10 companies would be good to own. The places where I spend money each week too. How much money i spent at Walmart, I wish now I had invested.
Netflix too, I was watching when their programming was bunk. Yet now a media empire, if I spent just the price of a subscription to own some, I might now be rich! Being rich is not the goal of life. No, it is to be happy, and whether with a lot or a little I am so happy and grateful.
I thank God and my guardian angels that I had the time to learn the lessons first than to be ruined spectacularly by a fortune and foolishness. The things I wanted when I was young, I now understand more clearly. And I never stop learning, questioning, and trying to improve.
How will it go, I wonder. When I look back ten years from now, will I have regret or thankfulness for the decisions and actions I take this year? Let us all set good goals and carefully follow through.
@Darkflame
