Wow! I knew most investors were trailing the markets but this is disgusting!
I promise, over the next few months, to get my butt in gear and create the training and support programs you need to achieve the kinds of results required to become rich and retire securely.
Cross my heart and hope to die!
Seriously, what’s the point of even trying if you can’t at least do as well as a bond investor (and they’re screwed for the foreseeable future)?
Over this same period, my financial asset portfolio has gone from about $250k to $1.2M with about $400k of the increase from savings and the rest a combination of capital gains and dividends with a small amount of interest added.
Over the next 20 years, I’ll do even better because I spent about 10 years (including the dot com boom and bust) figuring out how the game is played and how I as an individual investor can beat the odds.
I’m in the process of systematizing what I’ve learned so I can show other investors how to take a small account (say you have 1 years’ worth of income saved) and turn it into your own personal perpetual annuity over the next 20 years. Put your name an email in the boxes on the right and I’ll let you know when it’s ready for primetime.
Until then, keep saving/investing (from your after-tax income) 20%, using 50% for your NEEDS (expenses) and 30% for fun and really living now!
Here’s to Living Long and Prospering – Leah, the MoneyDiva.com