A note from Sary

Ch.15 SEVEN SLOWLANE DANGERS 4) THE DANGER OF THE COMPANY Not many companies outlive the centuries. If your retirement faith is put into one company in the form of either 1) your job, 2) your pension, or 3) their stock, you HOPE the company survives. You make a bet. Many retirees discover to late that their retirement pensions are lost to mismanagement by politicians or corporate executives. Others who bet their wealth on one company's stock accept a significant risk that the stock will be worth more in the future. If your retirement is assigned to others, you take uncontrollable risks. When the torque of your financial plan rests with others, you're likely to lose control.

Sary The Millionaire Fastlane, page 98 · January 9, 2024 Save to shelf
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