To accumulate what is needed is going to require higher returns than you can get by simply saving your money in a bank. Now, you have to add another goal that isn’t quite as apparent: saving for a better life when you stop working. Along those lines, names like Procter but, you may potentially earn compounding returns on fraction of your 60-80% of your “capital” throughout the 30 years period. Alas, the smart investor may have forgotten the Dark Side of Compounding Interest if you have a 30-year Home Loan that you are compounding 60-80% of this “capital” at confirmed losses due to interest payment. Your home, if you own one, may well be your largest asset. Perhaps it’s a concentrated stockholding in your employer, whose business you know quite well. But profits plunged in the “downstream” business of refining oil & selling the finished products. This blog is being published late today because I wanted to see if suddenly oil went up today after all the negative press yesterday.

Assuming that other countries will eventually drill as aggressively as we do, that raises the possibility of a much longer decline period for global oil and gas production. How much it will cost you? And as you know, there hasn’t been much good news about the world economy and financial markets lately. It’s also about taking a close look at the contents of your portfolio and then forcing yourself to fix an asset allocation that is out of whack and to buy in sectors of the markets that are out of favour. You intentionally put your body in postures that are right at the edge of discomfort and then cultivate the ability to stay there. And then I remembered this story. You could also partner with the local attorneys in the region i.e. attorneys who handle property matters in case of death, divorce, defaults etc. These people can give you good leads on California real estate investments.