One time my mother was agonizing over taking a trip versus saving for retirement and I stumbled into the advice, "Taking the trip is an advance on your retirement. You get a little bit of it now instead of later."
"Because the worse thing, which often befalls us, is that we spend a year doing neither. We go through the 12 months, and we have neither done much long-term investing, nor have we particularly had a lot of fun with the short-term activities."
One time my mother was agonizing over taking a trip versus saving for retirement and I stumbled into the advice, "Taking the trip is an advance on your retirement. You get a little bit of it now instead of later."
She took the trip. Is now retired.
True so often:
"Because the worse thing, which often befalls us, is that we spend a year doing neither. We go through the 12 months, and we have neither done much long-term investing, nor have we particularly had a lot of fun with the short-term activities."