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I am about to join this category of Fool. I can attribute my ability to take this step to "Beating the Dow" and to the Motley Fool. I was forced to look closely at my situation in 1992 when two events happened; my wife was quitting work to go back to college (and I had to figure out what to do with her retirement funds besides spend them) and I was offered the option to opt out of the state retirement system and go with a 403b private vendor. The answer for my wife's funds was an easy choice-- roll it over to a self directed IRA and buy the Foolish One-the PPP)(see how little I new about conventional wisdom-- it showed the highest return,so it was the first choice). The other funds were place with TIAA in their growth account and the maximum voluntary contribution was added to the mix. Next week I will be transfering all of my 403b funds to my self directed IRA and going forward. Between the two funds I have been able to accumulate enough capital that barring some unforseen disater that will give me other things to worry about than what happened to my investments I feel comfortable that I can live comfortably on my savings. Since 1992 I have doubled my investment every 23 months and should the good times continue I am looking at sums that were beyond my wildest expectations when I began. So for all of you less than 52 years old (where I was in 1992) you CAN retire early and don't let the Wise convince you to settle for less than returns in excess of 30+%. If I can do it so can you. Enough already but next week when I have lots of free time I'll be back. I have learned virtually everything I know about investing on this site--my MBA education included in that statement. Thank you for the ride.
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