Mike E. writes: “I just got back from vacation and saw your column with the footnote about $5 million in bonds and how preposterous that would be to most of us. Well, my parents have lived their entire lives using principles you recommend. They live below their means, buy used cars, buy in bulk, and invest for the future. They retired two years ago (ages 62 and 60) with an estate in excess of $3 million. They must have been doctors, lawyers or some other highly paid profession, right? No, my mom was a public school teacher and my dad was a factory worker. Their combined salaries were never more than $70K a year. They did have a few good stock picks and a long bull market to help their money grow, but it was their consistent saving over a long period of time that made them well off. Anyway, now most of their money is safely in bonds.”
A.T.: Warms my heart. What else can I say?
Quote of the Day
To think that distasters only happen to someone else is human nature. But, when human nature runs into mother nature, regret normally follows.~CBS hurricane specialist Bryan Norcross
Request email delivery
- Feb 22:
Corruption On A Scale Never Previously Imagined
- Feb 21:
What A Field!
- Feb 20:
And Yet You Still Don’t Turn The Lights Off When You Leave The Room
- Feb 19:
Power Walking With Chris Christie
- Feb 18:
The Inspiration YOU Need?
- Feb 15:
NYC. UK. Canada.
- Feb 14:
If Republican Officials Go To Prison . . .
- Feb 13:
The National Butterfly Center Is Taking A Stand
- Feb 12:
Home-Schooled For Christ. And Pence.
- Feb 11:
Russian TV Thanks The GOP (And Don’t Miss Bill Maher)
- Feb 22: