With investing I recommend more of a “walking” attitude. Impatience, a partner of greed, has led many investors, while attempting to hasten their journey towards retirement, to actually make it longer. Americans are a great group, but we are very impatient, which is not a good quality for investors. But if you just start moving and keep moving, while enjoying the sights along the way, the trip may go by quicker than anticipated. The Cathedral domes can seem a very long way off. Initially, the distance to where you want to be can seem overwhelming, like our walk home in Florence that day. It turned out to be a lovely walk and though it was a little far by American walking standards, in seemingly no time at all we were back home.įor me, investing for retirement is much like taking a good walk. In the distance we could see the dome of the Florence cathedral, so we walked towards it. We love walking and had done quite a bit of it during this trip. When it came time to return the sun had come out, so we decided to walk. On a recent return visit with Launa, we found ourselves four miles out of town, having initially taken a taxi due to poor weather. We might drive or catch a bus if we were leaving town but within the city, walking was the norm. When I lived in Italy for two years in my youth, we walked all the time. Maybe we have become too lazy, or more likely too impatient to enjoy a nice walk. They seemed a bit surprised, perhaps because Americans don’t really do a whole lot of walking. I thanked them but mentioned that my walk home was intentional. As I walked that last stretch, I had several good neighbors who were driving by, slow down and offer me a lift home. My office was about 3 miles from home with much of the journey along a beautiful city trail with the remaining mile following a busy roadway. One day I decided to walk home from work.
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