dreams, our wishes for our life, now and tomorrow or even next year, are rarely considered when talking about safe investments. I mean, what do they have to do with each other?
The other is much… more than most people realize and much more than my thirty-something daughter with her dreams of traveling the world.
And if Could you go to all the concerts you want? Even if it means flying across the country, booking a hotel room, maybe even a car?
How about visiting Rio, yes Rio de Janeiro in Brazil during Mardi Gras week to party, enjoy the parades, floats, music and just a fantastic time where it’s warm and sunny during our winter?
Maybe your dream is to attend at least two NASCAR races every month. Can you do it and still have money to invest in the markets?
I could go on and on with all kinds of dreams, all kinds of activities. I mean, even hiking every week in Glacier National Park costs money. There is gas money to get to the park, even though I only live 43 minutes away. And of course, food costs plus one night will require a backcountry camping fee. You get the idea. Can it be done and can I or you still have a profitable investment plan?
The answer is not just a resounding YES. But why not use a safe investment tool and plan to help finance and pay the bills of all your dreams? Why not?
You can do it.
It’s really a simple 3-step dream plan:
- Write down those dreams and calculate their cost per year (or calculate how much you spent last year on your wishes and dreams)
- Divide the total cost by the number of paychecks you get, not how much money, but how often you get paid; that is, $1,400 divided by 26 if you are paid every two weeks = $53.84
- Start saving and investing this amount from each paycheck. See it as a deposit or prepayment of your wishes and dreams.
By following the principles of investing safely and profitably, along with a little diversification, you can easily finance your future activities.
If you save and invest more than the bare minimum to cover a year’s expenses, your account will actually grow so that the earnings, the earnings will eventually become the source of your dreams and the amount of money you actually invest will remain safe and secure. will rotate. of the proceeds to take you to Rio, to the next concert, lease or buy a sports car, or allow you to walk the beaches of Hawaii.
The choices are yours. Go to one or two concerts a year or a dozen. Put it all on a credit card and then pay interest on top of those charges or enjoy life without worrying about how you’re going to pay next week’s bills and wish, wish, wish you could go to Rio or even Key West.
