On... Printing Money

I'm building a Money Printing Machine. When that is completed, I won't have to work anymore.

I'm not sure where I came across this story about a Fisherman. It tells the story of a group of Fishermen who works very hard. Each time, they would gather more fishes than they would need and store the extra in freezers to be consumed on another day. But there is one Fisherman, who fishes just enough for the day. He then retreats into his shack, and tinkers with his machine - day in and day out.

Now, the other Fishermen wonders what he is doing. "He is a lazy fisherman", they said. Not working hard like other Fishermen in their village. Little did they know, the Lazy Fisherman is building a machine. This machine when completed will help him catch fishes, and he would need to work another day. This Lazy Fisherman, appears lazy from the outside, but he is actually building his future, with brains instead of brawn.

I am like that Lazy Fisherman. Not building a Fishing Machine but a "Money Printing Machine". Not literally of course, as that would be illegal. A money printer, metaphorically speaking, is a machine/strategy/system that would money as I sleep. As Warren Buffett says - If your money don't work for you, you will work until you die.

Lets look at the chart below, it is a comparison of a high wage earner (Blue) versus me (Orange, more than 10x my annual income). A high wage earner has a problem, the money stops coming in when the work stops, usually at Retirement Age. What about me with the Proverbial Money Printer? It keeps going. Even after I die. No doubt this Money Printer as I call it, takes time to build. It takes many years, years which I will be called lazy and Unfruitful. But when it is finally done, it will just keep growing.

This Money Printer is non other than a portfolio of Financial Asset. With such a portfolio, my 'income' eventually matches that of a High Wage Earner. And it is perpetual!