I
have three pots in which I invest my Engine. I manage about 2/3rds myself. I
then have one pot (in a Global Equity Fund) which I milk (when it goes above a
certain amount) which has about 2/3rds of what is left. The last pot (in a different
Global Equity Fund) I don’t touch, and is meant for later life. I have taken
out more than I ever put in. Meaning I have already withdrawn more than I
contributed. The pots are between 6 and 11 years old. How is this possible? The
money is working. It is growing. If you see Capital as a living thing, consumption
is a form of killing. We need to consume to survive, but it is all about living
in balance. If you eat some of the fruit, you can live sustainably. If you cut
down all the trees, you are also killing all the future trees that would have
grown. And the fruit that would have produced. If I act as a good custodian, there
is no reason why my withdrawals shouldn’t be infinitely more than my
contributions. The song isn’t about me. If I live hand to mouth, then what you
see is all there is. And if the opportunities run out because my mouth is too big,
the music will come to an end. Sustainable Growth is the underlying beat. Conscious
Custodianship the musician.
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