http://20somethingfinance.com/3-necessities-for-any-long-term-financial-plan/ Personal Finance Blog for Young Professionals Thu, 09 Feb 2012 00:08:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://20somethingfinance.com/3-necessities-for-any-long-term-financial-plan/comment-page-1/#comment-139 G.E. Miller Fri, 04 Apr 2008 21:54:23 +0000 http://20somethingfinance.com/blog/2008/02/14/3-necessities-for-any-long-term-financial-plan/#comment-139 Great point Trevor, there usually are opportunities even in rough times. The key is to be vigilant without getting desperate. Great point Trevor, there usually are opportunities even in rough times. The key is to be vigilant without getting desperate.

]]> http://20somethingfinance.com/3-necessities-for-any-long-term-financial-plan/comment-page-1/#comment-135 Trevor Fri, 04 Apr 2008 15:54:25 +0000 http://20somethingfinance.com/blog/2008/02/14/3-necessities-for-any-long-term-financial-plan/#comment-135 Being flexible is key. For instance I have bought 3 houses in the last 5 years. Every time I thought I was going to sell one of the houses the market was horrible and I adopted the strategy of being a landlord. So far it has worked to my favor, but if I hadn't been flexible with it I could have very easily taken a beating on them. Being flexible is key. For instance I have bought 3 houses in the last 5 years. Every time I thought I was going to sell one of the houses the market was horrible and I adopted the strategy of being a landlord. So far it has worked to my favor, but if I hadn’t been flexible with it I could have very easily taken a beating on them.

]]> http://20somethingfinance.com/3-necessities-for-any-long-term-financial-plan/comment-page-1/#comment-28 G.E. Miller Sat, 16 Feb 2008 18:11:20 +0000 http://20somethingfinance.com/blog/2008/02/14/3-necessities-for-any-long-term-financial-plan/#comment-28 True, Dan. When you get too focused on an end goal, it's very easy to lose sight of the big picture. Sitting on piles of cash at the age of 90 with nobody to join you doesn't sound like much fun. There needs to be a balance between frugality and investing in relationships with the people in your life. True, Dan. When you get too focused on an end goal, it’s very easy to lose sight of the big picture. Sitting on piles of cash at the age of 90 with nobody to join you doesn’t sound like much fun. There needs to be a balance between frugality and investing in relationships with the people in your life.

]]> http://20somethingfinance.com/3-necessities-for-any-long-term-financial-plan/comment-page-1/#comment-27 Dan Sat, 16 Feb 2008 16:52:49 +0000 http://20somethingfinance.com/blog/2008/02/14/3-necessities-for-any-long-term-financial-plan/#comment-27 I agree wholeheartedly with your final paragraphs. I have been in a few situations in life where I haven't participated in an event because I thought it was too expensive. Everytime I end up kicking myself later for not having fun with my friends. Times that I have spent money and had a blast I look back on with fond memories, never negative memories of the money I spent. I agree wholeheartedly with your final paragraphs. I have been in a few situations in life where I haven’t participated in an event because I thought it was too expensive. Everytime I end up kicking myself later for not having fun with my friends. Times that I have spent money and had a blast I look back on with fond memories, never negative memories of the money I spent.

]]>