Here I am: 41 years old and at a point where I could leave my job for something else, drop my income by 50% and live relatively well (I couldn't travel as much as today and I couldn't have that much latitude, but I could be OK and my savings would be OK for the future).
You probably know it: there's a lot of ways to invest on the market. There's also some different ways to get richer on the market. But there isn't that much ways to get rich in my opinion. Because the gambler way isn't viable on the long term and the cyclical way always hits a wall.
I think that my way is a good way to get richer. In my humble opinion, buying 20-25 great companies that are a bit expensive but that have proven that they were very solid will help you to beat the market. You won't make 50% during a specific year, but if the market does 10%, you'll probably do 12-15%, if you picked well.
Why playing with your money? You've worked hard for that money. You've made sacrifices for that money (you didn't buy a porsche... you saved your money and ate carrots). This isn't a casino or a poker game.
What's the goal? Getting rich as soon as possible or getting richer slowly but surely? By slowly, I don't mean starting to invest at 18 and being rich at 80. I mean doing about 12-15% per year.
When you aim too high, worries are not too far. You take more risks, you don't sleep well. You think too much about your investmens.
To me, a portfolio is a partner. It will follow you all your life and you have the entire control on it, contrary to most of the things in your life. You don't even have the control on your health. You have even less control on people around you.
And when life gets tougher with you, your portfolio is a comforting aspect of your life. And the future, on that aspect, looks bright. Even if you have 3 fucking months to live. Well... I don't know.
I won't leave my job tomorrow. Actually, I plan to work at least until I'm 50 and keep my good income until then. But I may get another crazy boss one day or another and my plan might change. Who knows? One thing is sure, I won't work for 20 more years. The maximum I see is 55 years old.
Anyone's got a philosophy different than that? You won't convince me to change mine, but you can share it in the comment section.