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Have you ever dreamed about going back in time? What would you do if you could? Other than telling Rick to guard Grant Hill to prevent the pass to Christian Laettner during the 1992 NCAA tournament, I would buy Apple stock. Why Apple? Because in the history of the markets since 1926, Apple has generated more profit for investors than any other American company – $1 Trillion. Hendrik Bessembinder, a name built for Pig Latin if I ever saw it, is a professor of Finance at Arizona State who has studied stock return data and concluded that most stocks aren’t good investments at all – many don’t even beat the paltry returns of one-month Treasury bills. What?

Back in late September the Lexington Financial Planner blog wrote about how President Trump’s tax proposal would affect you. Now, the House Ways and Means Committee has revealed their tax bill so let’s take another look. No talking points, no politics, just math. Uh, fun math. No, seriously.

There is a natural, and understandable, instinct in most of us to want to pay off our mortgage as soon as possible. In fact, it’s considered a kind of rite of passage. Yep, the missus and I paid off the house and finally have the kids off the payroll, now we can save for our retirement! But, is paying down your house or other debt early really the right thing to do for your long-term best interest?

If money wasn’t an issue, what would you do? Because, that’s what financial freedom allows. Would you quit your job? Travel the world? Volunteer for a favorite cause? This post illustrates how it’s easier to save and invest for your financial freedom dream than saving for that undefined retirement way off in the distance.

Imagine you are a 30-year old with a degree in French literature and a well-paying job writing code for a new tech startup. No, really! Retirement, as we traditionally think of it, is 35 years away. Saving is for suckers! You’re buying the loft, the 70-inch with surround sound and an Audi Quattro.

I understand a discussion about pensions is about as welcome as Lyme disease. But, while much has been written about who is to blame for Kentucky’s pension crisis and what the impact might be to participants in the various retirement systems, very little has been written about why those of us who don’t have pensions should care. Here is why we should care: because if this is not fixed, Kentucky will slide back rather than be able to invest for our economic future. Enjoy the state parks? You might have to take the kids to Opryland instead. Appreciate the opportunities that our public schools and public universities offer? Well, get ready to sell more wrapping paper and explain to your student that history didn’t end in 2002, despite when the textbook was published.

Last week’s post illustrated how important it is for our long-term financial well-being to live beneath our means and not care about keeping up with the Kardashians in the car department. But that doesn’t mean we have to rinse out our sandwich baggies so we can use them again the next day. (Apologies to my environmentalist friends) The journey to financial freedom shouldn’t be painful! No, our financial lives, like our lives in general, should be a good balance between saving for our futures and enjoying our lives now.

A few years ago my son and I parked in a parking lot here in Lexington that was filled with Mercedes, BMW’s and Range Rovers. We were in a Honda Accord. My son, 12 at the time with a keen eye for nice autos, remarked that all these car owners must be rich! For a saver like me that was a big, fat softball that I intended to slam out of the park with a valuable life lesson titled, “You aren’t what you drive.”