top of page

3 Things 7-3-23

Thing One


A Tale Of Three Savers


 The folks at JP Morgan have put together a hypothetical chart for three people who took different tacks to saving for retirement.


Susan, started saving $5,000 a year when she turned 25 and stopped when she was 35, having contributed $50,000 to her savings account.


Bill got started a little later in his saving.  When he turned 35, he began saving $5,000 a year.  But, unlike Susan, he never stopped putting it away at that rate until he retired at age 65.  He managed to contribute $150,000 over 30 years.


Chris got started saving $5,000 a year when he turned 25 (like Susan) but kept right on saving at that rate for the next forty years.  By the time he was done, he had contributed $200,000.


Below is a picture of what happened to their accounts assuming a 7% average annual return. It clearly says it's best to start saving as early in your adult life as possible and to keep doing so until you stop working. But it also says there's more than one way to get it done. If you need help figuring it all out or know someone who does, let us know.


Thing Two


 When Arguing Is Futile


The donkey told the tiger, "The grass is blue." 

The tiger replied, "No, the grass is green ."

The discussion became heated, and the two decided to submit the issue to arbitration, so they approached the lion. As they approached the lion on his throne, the donkey started screaming, ′′Your Highness, isn't it true that the grass is blue?" 

The lion replied, "If you believe it is true, the grass is blue." 

The donkey rushed forward and continued, ′′The tiger disagrees with me, contradicts me and annoys me. Please punish him."

The king then declared, ′′The tiger will be punished with 3 days of silence." 

The donkey jumped with joy and went on his way, content and repeating, ′′The grass is blue, the grass is blue..." 

The tiger asked the lion, "Your Majesty, why have you punished me, after all, the grass is green?" 

The lion replied, ′′You've known and seen the grass is green."

The tiger asked, ′′So why do you punish me?" 

The lion replied, "That has nothing to do with the question of whether the grass is blue or green. The punishment is because it is degrading for a brave, intelligent creature like you to waste time arguing with an ass, and on top of that, you came and bothered me with that question just to validate something you already knew was true!"


The biggest waste of time is arguing with the fool and fanatic who doesn't care about truth or reality, but only the victory of his beliefs and illusions. Never waste time on discussions that make no sense. There are people who, for all the evidence presented to them, do not have the ability to understand. Others who are blinded by ego, hatred and resentment, and the only thing that they want is to be right even if they aren’t. 


When ignorance screams, intelligence moves on.



~ Author unknown



Thing Three


Just A Thought


“Humanity has won its battle. Liberty now has a country.” - Marquis de Lafayette



bottom of page