Diversify Your Life - A Blog by Vijay Narayanan

You must be thinking to yourself that it's impossible for your portfolio to reach 7 figures since you aren't a celebrity or CEO of a company. I had the same mentality until I read this article in Money Magazine : Link Step 1: Time This step goes back to my blog post about inflation . Assuming there is roughly 3% inflation per year, the amount we put away per year is worth 3% less than the year before. The article discusses that in some cases, delaying retirement may allow you to reach the 7-figure mark. Another great point in the article states that the more time you have to invest, the market will eventually smooth itself out over that time span, ultimately boosting returns in the long run. This will allow you take a more aggressive investment approach, since there is a lot of time left until your monetary goal is reached. Step 2: Amount being saved Maxing out a 401(k) is the simplest way to boost the amount being saved. The benefits are three-fold: 1) Since it comes dire

Time to dust off the blog. There are many things in NYC that could bother me whether it be loud/slow pedestrians, bad musicians, pollution, smelly subways. The fact that cyclers in the city do not obey traffic rules, is my biggest pet peeve. Pedestrians must look BOTH ways when crossing one-way streets and avenues, since cyclers refuse to obey traffic laws. Some cyclers run red lights and others travel the opposite way on a one-way street. In my opinion disobeying these "laws" is fine when sidewalks are relatively empty during off-peak hours, but in rush hour it's just annoying and can cause accidents.