Friday, January 30, 2009
MONEY - THE GREAT DISTRACTION – THIS NASTY INTERRUPTION
A NEW LEARNING
This would be a good time to be a billionaire.
I’m serious. Of course I won’t make it into the top 100 Canadian billionaires club any time soon. These billionaires have each taken a financial hit this year, a few billion dollars – gone! But then there is a bit of a cushion upon which to fall back. And the wealthiest man in the world, Warren Buffet is 80 years old. “What will I do?” is not an expression anyone hears him say.
In this reality show called My Retirement I am spending more time thinking about money than I have ever wanted to do. My issue is that this preoccupation is forced upon me, first by the reality of a pension income and second by the reality of the Great Disruption. This toughening economic time, this darkening cloud does not have an immediate silver lining on my show.
So believe me I am more annoyed than I am jealous that entertainers and sportsmen and big business people are pulling down enough money per year to capably support every household in my very large housing development. And still people like us curiously clamour to read how much she earned for starring in that movie, or how much he is earning for each basket he makes or how much she brings in for countless chips being installed in Blackberrrys.
This has been a depressing week for Christine and me.
We received our year end RRSP investment statement and learned that within a couple of months as stocks went slaloming south we had lost thousands of dollars from a meager portfolio we had worked our butts off to assemble. I keep looking for someone to blame but it’s futile. My commitment to a God who transcends all of this, and has more resources than we imagine keeps refocusing my gaze and ratcheting up my dependence upon Him.
Mark Zuckerberg is 23 and is the world's youngest billionaire. He designed Facebook a few years ago from his college dorm room. Good for him.