Comments on Saving to Inve$t: The Many Paths to Riches and Wealth - Which One Ar...

Luck is the path most of us would like because it ...

2009-04-18T15:21:00.000-04:00

Luck is the path most of us would like because it involves the least effort. Though sometimes the journey to wealth is more rewarding than reaching the end goal.

Most of us can realistically try the small business or investor path, in a less risky sense. I think the biggest mistake would be to just start and stay on the steady path for your lifetime.

ME - 100 stocks wow! I barely have the time to manage the 10 in my portfolio (hence my preference for ETF's or long term buy and forget stocks). I wish I knew what happended to Gblogger from get rich on a salary. Sad to see him leave the pf scene so suddenly after growing his blog so much.

Monevator - great quote and a beatle is hard to argue with. Luck is what we make of oppportunity - another quote back at you.

Thanks for stopping by Rajeev and the kind words.

Nice article.. I think most of us are on the slow ...

2009-04-18T13:37:00.000-04:00

Nice article.. I think most of us are on the slow and steady path...Its like taking steps for reaching the top of the building while others take the escalator.. Nonetheless both reach the top if both continue marching ahead..
Loved your blog as I am first time vistor here.

Having been on three of these paths at different t...

2009-04-18T06:41:00.000-04:00

Having been on three of these paths at different times - slow and steady, corporate warrior, and attempting to get ahead with a start-up business - I can safely repeat Lennon's quote: "Life is what happens when you're making other plans."

Definitely good to stay flexible, because things change (e.g. the recent stock market crash).

Perhaps I'm due "lucky"? Maybe I'll buy a lottery ticket tonight! :)

I'm on both the slow and steady but also somewhat ...

2009-04-17T16:52:00.000-04:00

I'm on both the slow and steady but also somewhat the full-time investor track, since I'm an academic, this is going to have to be the way I do it - I don't borrow to invest, but I am pretty obsessed with following all my stocks, I have over 40 right now, getting my own portfolio up to 100.

I love canigetrichonasalary.com too!

any tips in able to shift from being slow and stea...

2009-04-16T21:12:00.000-04:00

any tips in able to shift from being slow and steady to something else? slow and steady means fix income but working ass off like a slave. so how do we maintain fix income while doing something else all of a sudden... this is the hardest part unless i win the lottery or something.

Im in the luck category.

2009-04-16T19:40:00.000-04:00

Im in the luck category.

I didn't mean to imply that slow and steady is bad...

2009-04-16T18:42:00.000-04:00

I didn't mean to imply that slow and steady is bad, just that I think you should try the other paths and if they don't work you can always fall black to the slow and steady path. Yes, you'll "win the race", but your competitors are the slow and steady folks. Take some risk early in life and you could be well ahead of the game.

Well, I would like to think I am on the "luck" pat...

2009-04-16T18:18:00.000-04:00

Well, I would like to think I am on the "luck" path, but that has yet to be seen. So, I guess I would say I'm on the slow and steady track, using the power of small to amass my millions (I hope!). But, you know what they say, "slow and steady wins the race"!

Unfortunately, I am stuck at the SLOW AND STEADY p...

2009-04-15T23:21:00.000-04:00

Unfortunately, I am stuck at the SLOW AND STEADY part. Though I am currently trying to break free from it slowly but surely. Nice insight. Two thumbs up.