Thursday, February 5, 2015

Regrets on the freedom financial road

When contemplating the road traveled and the now value of my Portfolio, I can't believe how relatively easy it was to build that stack of money.

We read about it over and over, but it's true : you can build wealth with a relatively small income.

And one thing is absolutely certain: the sooner you start, the faster your money will grow.

Compounding interest is not magic ocus-pocus formula. It's a reality.

Start young, invest on a regular basis and time will do the rest (that and a few strong bull market).

We also read a lot about people regretting not investing earlier. I get that too. But why bother : what's done is done. You can only make up the time you lost.

I often tell myself that I could of done much better if I had only did this and that... Well I didn't.

Fact is, at the time, the things I was doing with my money were the things I thought appropriate to be doing. That's all.

Eating out, traveling, spending dough on useless crap... Those were the thing to do back then.

I still have to tap on my shoulder and congratule myself for having the presence of mind to invest small amount of money in those expensive mutual funds from 2000 to 2007.

That money wasn't working hard, but thankfully it wasn't spent for nothing.

I'm so glad that I got to know what I know now. Otherwise, I wouldn't have taken the steps to engage on this road to be financially independent.

So, all in all, no regrets. Just happy to be where I am now.

I guess the chart below pretty much sums up where I am coming from (and where I intend to go).

It's never too late to do good things, people say. I guess there's some truth to it.

And you, do you have any financial regrets? How did you overcome them?

* Notice things haven't changed much between 2011 and 2012. It's because I bought a house. Therefore I wasn't able to invest as much as I would have liked to. But hey! it's an investment, right?


  1. A well written post that highlights the journey most of us are experiencing. From the early days of spending money on crap to the regret of "why didn't I start sooner?" or the classic hindsight 20/20 of, "If I would have bought X then I would have Y today." As you said what's done is done and nothing left to do but look forward. Thanks for sharing.

  2. Thanks DivHut. The important part is that I have learned from my past experience. No use of dwelling on the past. Let's look ahead : the future is bright and it seems like I will be able to do a lot more fly fishing! Thanks for coming. I am trying to be more active on this blog. Let me know if you have any idea for me.

  3. DivHut is right, nothing left to do but look forward. You've still put yourself in a position to where you've got $130k or so working hard for you. Keep on building and adding to it and you'll be surprised how much it accelerates from here.

  4. Hey writing2reality. Yeah, I think I have managed to do pretty well considering my Portfolio is now worth 150K and my Net Worth almost 200K$. But, you know the saying : "greed is good"... so I will keep on piling. Not for the sake of money, but for the sake of retiring well. thanks for coming!


Thanks a lot for your comment.