Minimum Wage Ninja

I have heard many people say that you shouldn't try to time the market. So being the contrarian that I am, today I'm going to try and time the market. By the market I mean the New York Stock Exchange.  It should open around nine thirty and close around four or so.  But we'll see. If everything goes as planed there will be six and a half hours to buy as much ownership of companies as I can.  It is a good time to buy no matter which hour I purchase more ownership in.  This is because, as J.L. Collins puts it,  the market always goes up.

There is one thing that we all need.  Everyone is doing it.  If you go without for a few days, then the desire to get some will overwhelm you. That thing is drinking water. Now most people wrap their water up in a plastic cup.  But have you considered using your hands?  If not, then it is time to unleash the beast.  There is something mindblowingly primal about drinking with your hands. The correct technique is to clasp your hands together like you've just clapped.  Open them 45 degrees and dip them in the water.  Quickly bring that water to your mouth as fast as possible!  Be refreshed.  Build that arm strength.  Enjoy life. The math is supportive of this.  A good plastic cup will run you like a dollar at the discount store.  Yet that same dollar if invested for 100 years at 10% will end up being $13,780.61.  That's enough money for a solid gold cup! $73 dollars invested at 10% for 100 years will end up bei...

The final number it takes to become financial independent can seem daunting. You mean I need $300,000 for early retirement?  I only gross $30,000 a year, how can I ever amass such a high number? However this number is misleading, thanks to the rule of 72. The rule of 72 states that if you take 72 and divide it by the rate of return, then you'll have an approximation of how long it will take to double your money. The stock market returns roughly 10% per year.  Therefore 72/10 = 7.2.   It'll take roughly 7 years to double your money. That makes things seem much more doable, The rat race is only to $150,000.  After that you don't have to contribute another dime, all you need to do is sit on your behind for seven years while your retirement builds itself. It feels good knowing that once I reach $150,000 the maximum amount of time until retirement is 7 years.  I'll keep contributing though, so it should be shorter. Why 300,000?  Because 300,000 tim...