Today I Learn… I make a point of learning something new everyday. This is what I learn each day

1, May 19, 2012

Hop off the treadmill before it grinds you up

Filed under: Health — admin @ 12:48 am

Toward the end of last month, I read an article on how physicians can retire early. The article starts asking readers to exam the emotional side of retirement, which is just as important as the financial side.

If you have a great sense of worth and accomplishment tied up in your work, terminating your job completely may not work well for you.

Your financial readiness is the next thing you should consider. I was surprised that not many physicians are ready for retirement by the time they feel like to. Because they even have not earned enough or have not saved enough.

Don’t sell your stocks during recession. “The people who weathered the last recession the best were the ones who held tight to a diversified portfolio and continued adding money to it.”

Last, resist the urge to chase “can’t miss” investments, such as private partnerships that purchase real estate or invest in various types of businesses: restaurants, car washes, and the like. “Nine times out of 10 these things don’t work out.”

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