Magic money 2019/Carlos Pueblo
During our
lunch with our Japanese language Sensei and his wife, I attempted
to explain
that I had a skill to make money from paper or in Chinese, touching
a stone to
become gold. I have said that at home all the time in Taiwanese
language,
bien jie, bien is closed to change in
English and jie is money. Nobody
understand;
therefore, I think it over, magic money. I can have a magic to get
money, get
something from nothing, a Taoist philosophy. I do explain all the
time what
that magic is, the saving capital in investment. After saving, retirement
plans
investment, and longtime duration, the magic money is falling from the sky.
When we save
that means we are frugal; therefore, we save money from our income.
IRS helps us
to defer tax obligation till our retirement, 59 1/2 years old or 70 1/2 for
Mandatory minimum
distribution while IRS comes in to tax its share. Of course, IRS
is another
silent share holder of our retirement funds and the government can make
magic money
as well and it is called revenue. It is a way of managing our money as
well as for
the Government to be operated.
I feel rich
myself because I don’t have money issue in my senior life. It is because that
I can be
satisfied with a little which is also another rich point in life. Social
security fund
is also
another magic money which is become a major source of my senior income. It
has been to
our expectation throughout our earned income era. We all understand the
preparation
of the magic work, yet many of us ignore it. Magicians learn and practice
before they
can perform the magic in front of the audience. I see some magicians can
raise human
body several feet above the ground, it is called illusion, another kind of
magic. One
day when I passed by the Charles Bridge in Plague, Czech Republic, I saw
a man sit in
the air three feet above another man sit below on the ground for hours. They
expected to
make some magic money for their performance.
It is very
interesting to talk about money and it is an art of our life. Most of the
established
who are in
the benefit of saving investment can make magic money because the money
makes money
for them. In financial industry, we define it as the financial planning or my
common word
magic money making.
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