Hello all, healthy 56 year old single male in Las Vegas, able to push my retirement up significantly due to an inheritance. Own three homes here--only two under water!-but the positive cash flow from the two rentals pays my primary mortgage. Being very financially conservative I have no debt other than the mortgages.
Sold my business a month ago and have been focusing on the brokerage account. Total about 1.9M, 35% munis yieding 27K a year, 55% equities, mostly blue chips, yielding about 10K/yr in dividends, balance cash. Most of my research is being done on fixed income investments--would like to get out of equities completely and live off interest generated, preserving capital. Of course rates on "safe" investments not what they used to be.
Looking forward to learning through this site and through interacting with all of you.
Bob
Sold my business a month ago and have been focusing on the brokerage account. Total about 1.9M, 35% munis yieding 27K a year, 55% equities, mostly blue chips, yielding about 10K/yr in dividends, balance cash. Most of my research is being done on fixed income investments--would like to get out of equities completely and live off interest generated, preserving capital. Of course rates on "safe" investments not what they used to be.
Looking forward to learning through this site and through interacting with all of you.
Bob