Strategies for Building a DGI Portfolio

[fenders53]

(12-17-2018, 10:57 AM)Otter Wrote:

(12-17-2018, 10:46 AM)fenders53 Wrote: In the end we should pay ourselves first, and then enjoy or lives with some disposable income.  My wife thinks expensive makeup and Starbucks coffee is a good investment    I've spend some serious money on fly rods and tools in the woodworking shop.  Ten years later I am still enjoying those purchases so I find justification easy.  I am almost always frugal when it comes to purchases that will be consumed in a month, or an hour.  That's a waste of investing funds in my mind.

As Kerim suggested whether he intended to or not....  finding some balance and enjoying this life is probably best.   Few are going to remember how many assets I accumulated when I'm gone from this world.

Travel is the "enjoy this life" spending bucket for me and my wife. Headed to Japan and Vietnam for 10 days next week, and really looking forward to it. Fourth trip to Japan, and first to Vietnam. We have been fortunate enough to visit 83 countries on six continents so far, and have enjoyed our travels immensely.

That's awesome!  I'm happy for you.  Most of my travels outside the US were sponsored by the US Army.  Other than that only a trip to Mexico, and some time in Seoul where we picked up my daughter at an orphanage.  I've been married 32 years and lately it's been separate vacations.  She loves Vegas and has a high school friend there.  I would just be a drag on her fun meter as I don't like gambling.  I have a close friend that is a flyfishing guide from Alaska, so I spend some time there.  I used to be a client and now he just invites me up for a few weeks, and when we aren't chasing salmon or trout I spend some time working on his cabin in the bush, waaaay off the grid.