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Edited >1 y ago
Posted >1 y ago
Responses: 5
Excellent post. The most successful people think long term and can delay gratification. This is the opposite of the messages from today's society and the media.
A1C Ian Williams SGT David A. 'Cowboy' Groth COL Mikel J. Burroughs LTC Stephen F. Col Joseph Lenertz LTC Jeff Shearer Lt Col John (Jack) Christensen LTC John Shaw Maj William W. 'Bill' Price Maj Bill Smith, Ph.D. Col (Join to see) SPC Margaret Higgins SPC Douglas Bolton Sgt John H. Maj Marty Hogan LTC Orlando Illi Brig Gen Jim Jaeger Col Robert Wallace
A1C Ian Williams SGT David A. 'Cowboy' Groth COL Mikel J. Burroughs LTC Stephen F. Col Joseph Lenertz LTC Jeff Shearer Lt Col John (Jack) Christensen LTC John Shaw Maj William W. 'Bill' Price Maj Bill Smith, Ph.D. Col (Join to see) SPC Margaret Higgins SPC Douglas Bolton Sgt John H. Maj Marty Hogan LTC Orlando Illi Brig Gen Jim Jaeger Col Robert Wallace
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A1C Ian Williams
Yes, maám, Lt Col Charlie Brown This is one of life's lessons that my parents tried to install in my view on how to accept life on its term and go with the current of progress especially with the waters surge against you. I luckily had great mentors in my base's Major Sileno and Captain Gomes who took the time to inspire me to keep moving forward in a long and fruitful career in the military.
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Col Robert Wallace
Right on, Lt. Col. Charlie Brown. Not only most successful people but most of us "older generation" realize that "All things come to those who wait". Sadly, today's younger generation has been "brain washed" to expect instant gratification: Instant money (ATM's); instant messaging; instant exam/score results; instant food (fast food places); instant admission to anything without waiting; etc. Everything has to be done in a hurry (one cause of road rage) resulting in lack of patience. They are missing out on so much because they do not heed the old adage: "Stop and smell the roses".
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What an outstanding story of a man who never quit. To illustrate the time value of money. If you invest $300/mo for 30 years at 10% rate of return, you will have $683,797.59. I derived 10% as the historical average return of the S&P's 500, which tracks Americas largest 500 publically owned corporations. Enclosed is a link to the calculator. Have fun!
https://www.greateriefcu.com/financial-services/calculators/future-value-of-multiple-deposits.aspx
https://www.greateriefcu.com/financial-services/calculators/future-value-of-multiple-deposits.aspx
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A1C Ian Williams
Yes, sir MAJ Ken Landgren Perseverance and Resiliency in the face of a Challenge. The qualities that truly define a man and woman these days.
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