Risotto Investing

I decided to commit to the title of this blog, despite that it may or may not imply that I’m recommending putting money into rice. With inflation concerns entering the public and private consciousness as well as affecting other commodity areas such as lumber, it may not seem totally unlikely that someone would recommend a commodity as an investment.

But, as you may have surmised by now, this is an analogy blog.

The process of making a risotto is time consuming, intimidating, rewarding and the final product is a rich, delectable, absolutely worthwhile endeavor that can elevate your late-night dinner.

Turns out that risottos are extremely easy to make. They only require two ingredients: time and patience.

The formula for most risottos are the same: a base flavor, some toasted rice, stock, and finish with butter and cheese. And like some famous dishes, the process is what brings it together. You have to layer the stock into the rice little by little over time, pausing and letting the rice absorb the ladle before adding the next piece.

Retirement planning is the same.

So many people want to just dump their money into a retirement account, buy exciting stocks or trade in commodities and currencies and become an overnight millionaire. That’s never been the best way to save and plan for tomorrow.

The best way is the risotto style.

Little by little, ladling in some money over time, letting it grow, taking a seat back and letting time do its work.

That’s the key to solid retirement planning.

 I’m Nickolas Urpí

From Emergent Financial Services

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