First of all, the title is NOT true. But if I am to become rich, I would undoubtedly be travelling the world, eating fine cuisines, drinking fine wine, accompanied by world-class beauties. Money, woman, food, and wine. Everything a man wants. By now, you are probably thinking what a superificial douchebag or this materialistic son of a #@$%!. I hope you didn’t take me seriously.
The truth remains, that I am not filthy rich like that… yet. Most unfortunately. So here I am trying rigorously to get there like many people, ever so diligently, with so much discipline, day after day. Though I can probably be a much cheaper person than I am now, so cheap that I can save such a high percentage NOW and by the power of compounding along with brilliant investment, become multi-billionaires with a “B” someday. Then I’ll finally be able to do what I want… perhaps some of the stuff I mentioned at the beginning :)
So I will spend all the coming years chasing and chasing after this destiny. Who knows how long it will take for me to save and invest? Probably will take awhile. But I will finally be able to do all the things I wanted!
Come to think of it more though… by that time, I’ll likely be in lesser health. And likely with less enthusiasm. I may even have saggy, flappy skin (amongst other saggy things). Yikes! Then I’d realize I’ve wasted all those years not living at all, being a cheapass, which defeats the purpose of all the effort on making money and saving so much. This makes me think of the ambitious fellas out there relentlessly accumulating money solely for that purpose, meanwhile forgetting family, friends, and ultimately themselves. Besides, there are also those who consistently work ungodly amount of hours each week for whatever reasons. I feel kinda bad for them. Those poor things.
In the end, we need to strike a balance. I like to keep a well rounded perspective.
I admit these balance-striking thoughts sometimes make me wonder why the heck do I work so hard and then I may feel like giving up. Those are brief moments. It is still more important for me to maintain a balance in life and stay sane in this crazy world (on the other hand, I could be the insane one here). I would say that my entire wealth accumulation process best serves to eliminate money as an issue to give me freedom to do other things.
As such, the following story is what strikes a chord in me to write the above.
An American businessman was standing at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish.
“How long it took you to catch them?” The American asked.
“Only a little while.” The Mexican replied.
“Why don’t you stay out longer and catch more fish?” The American then asked.
“I have enough to support my family’s immediate needs.” The Mexican said.
“But,” The American then asked, “What do you do with the rest of your time?”
The Mexican fisherman said, “I sleep late, fish a little, play with my children, take a siesta with my wife, Maria, stroll into the village each evening where I sip wine and play guitar with my amigos, I have a full and busy life, senor.”
The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds you buy a bigger boat, and with the proceeds from the bigger boat you could buy several boats, eventually you would have a fleet of fishing boats.”
“Instead of selling your catch to a middleman you would sell directly to the consumers, eventually opening your own can factory. You would control the product, processing and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually NYC where you will run your expanding enterprise.”
The Mexican fisherman asked, “But senor, how long will this all take?”
To which the American replied, “15-20 years.”
“But what then, senor?”
The American laughed and said, “That’s the best part. When the time is right you would announce an IPO (Initial Public Offering) and sell your company stock to the public and become very rich, you would make millions.”
“Millions, senor? Then what?”
The American said slowly, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take a siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos…”