16 • RUBY, WILDING & SWANSBURG There’s not hing w rong wit h that approach— most Ar emt i er er imc aenn ts af uv enrdss u. Bs eu tt h, ae ss tsoa cvke rms ,awr kee tn ae se da gt or ouwntdhe vr sethainc dl e tfho er market and where it may be headed in the years to come. A Childhood Passion I’ve been tr ad ing since I was eight year s old. No, not stocks. Not bonds. Not even commodities. (Well, not the commodities most people consider when investing their li fe s avings.) Like many kids, I traded baseball ca rds. My youthful enthusiasm for trading cards gave me ipnossi igthi ot sn i In gs tmi l ly craeltli roenm teondt af yu,npdas ritni ctuhlea rml ya rwk ehte. n i t c o m e s t o For example, I learned early on that, in baseball cards, rook ies often get all of t he attent ion. It wa s excit ing t o wat ch the emerging players and bet on which ones would make it bi g. However , the r eal car d values wer e not found with the excit ing rook ies but with veter an players who bui lt their careers wit h year aft er year of performance. After all, the H all of Fame doesn’t care if you have one great season —it ’s about performance over your lifetime. The same is true when it comes to your retirement strategy—H all of Fame retirements are built on success over the long game. It re minds me of a Babe Ruth quote I loved as a kid: “ySotuurdmy othneeyg.a”me, accept advice, keep fit, and, above all, save The perfect a dvice for a baseball-lovi ng kid who gre w up to be a market -focu sed adult.
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