Thursday, September 19, 2019

Leech


An underlying assumption of my attempt to live off an Engine rather than work for money, is that the Engine can do productive work. If I was just living off hoarded cash like a blood-sucking leech, the money would run out. I would have (Money Pile)/(Spending per Year) years till I had to get a job like everybody else. I like to talk about my money having a job and being the breadwinner, so I can be the homemaker. Not all work is paid work. Ask your parents. But my money doesn’t get a salary. It is invested in real businesses listed on stock exchanges. I have slices of ownership. Owners don’t get salaries, unless they are also Managers. I do nothing for the stocks I own other than deciding whether to own them or not. In any given year, my money can be paid nothing. It can also shrink. Meaning smaller “Money Pile”. Meaning fewer years of homebuilding if my assumptions are wrong for a long enough period. Underlying my theory is the belief that creative people can solve real-world problems if allocated capital, support, and time.



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