Money in Your Sleep

Happy birthday to Warren Buffett, the Oracle of Omaha, who turned 91 last week.  In honor of  the coming Labor Day holiday, we thought of one of our favorite Warren Buffett quotes, “If you don’t find a way to make money while you sleep, you will work until you die.”  Two main take-aways from this line, first, everyone works too hard not to pay themselves and invest these savings.  By owning great company stocks and bonds, we can benefit from their hard work and success through earnings and dividends virtually while we sleep.  Secondly, Warren is 91, he is working until he dies, but working when you are financially independent is way different than working to pay the bills.  Work on.