INTERESTING ARTICLE/ADVERTISEMENT I FOUND RE: GLOBAL INVESTING AND HIS BOOK- ANY THOUGHTS??
The Barbarian Investor
My name is *************** and I am 35 years old. I became a carpenter in 1986 and continued to work as a carpenter until 2000. I remember going to work some mornings so cold I could barely feel my hands. Working 12 to 14 hour days six days a week. Coming home covered in saw dust and absolutely exhausted.
Sure the money was good but I thought, " there must be a better way". So in 1997 I began the search for a better way.
Lets face it. If spending the day working, going home absolutely exhausted, watching some TV, having dinner and a shower then repeating this six days a week was a life then I didn't want it.
So I began looking for a way that I could have money work for me instead of me working for money. Just to give you some perspective back then I knew absolutely nothing about what an investment was.
My idea of a good investment was buying a cute girl 2 more drinks than I had.
Now as you can imagine I had worked hard for my money so I didn't really want to take any silly chances with it.
But I really needed the money for two reasons, one was lifestyle now and the second was to support me in my old age. Everyone knows that you can't work as a carpenter when you are sixty. And I really didn't want to.
We all get older with each passing day
Much as I would like to dispute this fact I can't. Each and every day brings me closer to retirement. So what was I going to do when I retired????
Was there going to be a pension? Probably not so all that really left was my retirement fund
Call it a 401K IRA or Superannuation whatever
As I saw it, it was probably going be the only thing between the breadline and me come retirement. Of course I could rely on the charity of family or friends but chances are my friends may well be in the same boat or maybe even worse.
As for family they will probably put me into a home and if they can't afford a good one then neither could I.