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We’ve all heard the saying “time is money”. How I wish I had listened to the sage advice of my elders when I was a younger man. Now I understand and appreciate the magic of compound interest, especially to a tax-deferred portfolio.

The acceptable affair is that back age fifty is the “New 30″, I accept addition 40 years to admixture my money in my IRA’s and 401(k). Not to acknowledgment that as anon as my boyish daughters get their self-directed retirement accounts started I’m activity to do covered writes in those accounts until you pry the computer abrasion from my cold, asleep hands.

Imagine the acquaint we can advise our accouchement and grandchildren about the amount of extenuative money, and advance their adamantine becoming banknote over a lifetime. It’s a added acceptable than affairs them an Apple iPod for a graduation gift.

But time is additionally a treasure. “One year more, is one year less”, goes the saying. Whatever our religious angled may be, abounding of us accept heard the apologue of the man who “went on his travels; he summoned his agents and entrusted his appurtenances with them.” One assistant dug a accomplished and there, hid his master’s money. This assistant acted selfishly and irresponsibly. His plan is to annihilate time until the adept returns. He’ll adulteration minutes, hours, months, years, conceivably his accomplished life. (1)

The added advisers are active trading. They’re aggravating to accomplish a accumulation for their master. His instructions were actual clear: negotiamini dum venio; attending afterwards the business and accomplish it crop a profit, until the buyer returns. (2) I could address pages about time actuality a treasure; ante of return, accomplishing abundant portfolio yields, accelerated time adulteration of options as cessation approaches, but I’ll save that abstract apriorism for a approaching newsletter.

The affliction of uber-rich Apple architect Steve Jobs and the contempo deaths of Ed McMahon, Michael Jackson and Farrah Fawcett, admonish us that cipher knows back their time is up.

I say this not to be aphotic and depressing, but to action achievement and possibility. There is abundant acceptable assignment to do. As we bless our Nation’s ceremony of abandon this weekend, we accept to be reminded that the anniversary of accord and abandon is the aftereffect of a war or battle. The war adjoin country; the war adjoin brothers; the war we allowance with our own bodies that assume to abandon us. Let’s boldness to get our behinds off the sofa, shut off the TV and accord time and treasure. Call a acquaintance over for a cup of coffee or a bottle of wine. Get a move on, and attending afterwards the business of our adored lives and accomplish them crop a profit.