The Story of Golden Goose

Ever heard about the fairy tale story of a goose that laid the golden eggs? If you haven't, please allow me to tell a simple and short story...

'Once upon a time, there once was a man who owned a wonderful goose. Every morning, the goose laid for him a big, beautiful egg — an egg made of pure, shiny, solid gold. Every morning, the man collected golden eggs. And little by little, egg by egg, he began to grow rich. But the man wanted more. “My goose has all those golden eggs insider her,” he kept thinking. “Why not get them all at once?” One day he couldn't wait any longer. He grabbed the goose and killed her. But there were no eggs inside her! “Why did I do that?” the man cried! "Now there will be no more golden eggs"'

Why is this story relevant ?

The power of compounding is simply amazing, however we need to be consistent and discipline for 20, 30 or even longer time before it becomes rewarding.

20 years is a long time, a lot of stuffs can happen between now and then ... Mr. X might be tempted to withdraw some fund to travel around the world, preventing it to be compounded ... Mr. Y might be forced to withdraw for disease treatment ... Mr. Z might be using the fund for new car purchase ... Any of the above actions are as good as KILLING THE GOLDEN GOOSE.

To kill the goose that lays the golden egg is to destroy something that provides a steady, long term gain.

If we have committed monthly fund into 'Play Account', travelling is not a concern.

If we have committed monthly fund as 'Long Term Saving', we would have money for a new car.

If we ensured ourself are insured by insurance, hospitalization bill is not a burden.

In conclusion, practising 'The Jar System' is essential for everyone who wants to enjoy the fruitful reward from compounding effect.