Originally Posted by arcimede$ View Post
No, you develop a plan based on the best statistical approach and follow it. Sure, it takes a little work but it is well worth it. Do you use short term thinking for everything you do? I developed a plan for my retirement when I was young. I saved and lived within my means. I was able to retire at age 52 and live comfortably. Long term thinking paid off handsomely.
That's still short term. You saved a little here from a check, saved a little there from thrift, etc. which finally added up in the long term.