Re:Don't Waste the Good Days
by scotty79 on Saturday January 01, 2022 @12:15AM
(#29755731)
If your goal is maximizing money then you are somewhat correct. But that's not a good goal to have.
And even if it was ... Work is overrated. As a way to make money and altogether.
If you are in a place where they are giving you unfairly large amount of money for doing something ... sure, stay there for a while. Otherwise move. Don't think you'll be retiring at 57 or 62. Life is not that easy to predict. If you stay in the wrong place you'll never retire. And if you move to the right place in your life you might retire before you are 40.
> Due to compounding interest, a dollar made in your 20's is far, far more valuable than a dollar made in your 60's.
For me that doesn't sound solid as well. Inflation compounds too and black swan events of your life show up occasionally. In your 20's you earn so little that you can't save much, and just 10 lazy years into your career you'd be earning so much that you'd be saving many times more than you were earning in your 20s. If you don't burn stacks of cash to warm your soul, as you accumulate more knowledge and expeirience, money just starts accumulating on their own once you reach a certain age if you remained mobile and just went where their are paing best.
And even if it was ... Work is overrated. As a way to make money and altogether.
If you are in a place where they are giving you unfairly large amount of money for doing something ... sure, stay there for a while. Otherwise move. Don't think you'll be retiring at 57 or 62. Life is not that easy to predict. If you stay in the wrong place you'll never retire. And if you move to the right place in your life you might retire before you are 40.
> Due to compounding interest, a dollar made in your 20's is far, far more valuable than a dollar made in your 60's.
For me that doesn't sound solid as well. Inflation compounds too and black swan events of your life show up occasionally. In your 20's you earn so little that you can't save much, and just 10 lazy years into your career you'd be earning so much that you'd be saving many times more than you were earning in your 20s. If you don't burn stacks of cash to warm your soul, as you accumulate more knowledge and expeirience, money just starts accumulating on their own once you reach a certain age if you remained mobile and just went where their are paing best.