Which one of them will be the first one to retire?
Peter randomly chooses one and puts $750/month aside.
Karl has a balanced portfolio and puts $50/month aside.
Here is a typical dialogue with one of my subscribers:
Subscriber: Did I choose the right stock?
Me: It doesn't matter. You can pick at random.
Subscriber: What do you mean "at random"?
Me: It's simple! You are in the accumulation phase. Your portfolio is not yet formed. The future is unknown. And the main role in living off capital is the savings rate.
P.S.
Here is an idea from one of my previous articles. The monkey who saves $750 each month and chooses shares RANDOMLY will retire much sooner than the exchange "expert" who studies the market day and night, puts together a balanced portfolio, but does not know how to earn OUTSIDE of the market and save up.
#fire_comics
@retire_at_35
