Yet again—and I can’t say this enough—many people live as if they forget that this is the point of earning, saving, and investing money. When you ask people what they’re saving money for, much of the time the answer is “retirement.” To some extent, I get it: We all need to save and invest some amount of money for a time when we’re no longer getting a paycheck. Nobody wants to starve in their old age or make their children have to support them. But here’s the thing: Since the whole point of money is to have experiences, investing money to get a return with which to have experiences is a
...more
