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| Posted: Fri Jul 13th, 2018 08:49 pm |
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jeff18 Joined: Fri Feb 2nd, 2018
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My uncle was a stock broker and did very well at it. The best advice he gave me was when I got out of the Navy. He handed me 20 bucks and stated that it was the start of my savings plan for retirement. "A dollar a day for 40 years and you will retire with a million dollars." He explained compounding interest at a good rate of return, etc. will get to a million bucks in short order (40 years is only half a lifetime). That is a long range alternate income stream for future use. "Let your money work for you", my dad always said. They weren't smart then, but they are brilliant now!
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