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How old are you? Do you have any dependents, a partner, children? Do you have any health issues; what do you do for coverage? What are you going to do in 'n' years when you're older, less relevant and broke?

I too am a saver, and over the past 20+ years we've been suckers. The problem is I grew up as a child when a savings account, essentially a zero-risk asset, paid well over 5% interest. That hasn't been true for a long time, with inflation & taxes grinding away at any marginal gains. I wish I'd financed and leveraged more, not consumption goods but investments. The other problem with being a saver is it's very hard to be one, then flip and be a consumer of your savings. The thing that makes you able to save is also what holds you back from spending. There are a lot of baby boomers who have a lot of assets yet still live very thrifty lifestyles; especially if they grew up blue collar when you could "save yourself rich".




>I wish I'd financed and leveraged more, not consumption goods but investments.

The good news is, this is available to you right now!

The bad news is buying the best assets is hard, just like it was 5, 10, and 20 years ago.

Savings accounts weren't paying 5% for nothing. It's easy to look back at what could have been, but those moments are happening right now, too.




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