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Old 07-08-2016, 04:46 PM   #121
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Or my mother's saying "money is like manure, you have to spread it around to do some good". Which for her was shopping and buying way too much stuff...
What's good for the merchants are not good for you.
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Old 07-08-2016, 04:49 PM   #122
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I got a dozen oysters and a pound of spot prawns here that say you're wrong -
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Old 07-08-2016, 04:54 PM   #123
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OK, I forgot to exclude consumables.
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Old 07-08-2016, 09:02 PM   #124
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The paper might be a little heavy to use as rolling paper?
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Don't we all vape now?
Is he talking about tobacco ?
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Old 07-11-2016, 06:42 AM   #125
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You have so much more than I do, and if you spend your stash down to 1/3 or possibly even much less, you still have more than I do now. But can you see yourself doing that?
Not sure. Since I live off my dividends, spending down principal will result in less divs which would require more spend downs to maintain my spending level. I am a little worried that a principal spend down might set me on a road to further spend downs that I can't easily control. Also, DW is quite a bit younger than I am so I should make sure she has enough once I'm gone. I am probably being too conservative on this but as time passes by I am hoping for strong markets to make this decision easier. Really talking about extravagant purchases here as well as gifts to DD, so not really critical at this point.
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Old 07-11-2016, 07:14 AM   #126
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After four years of early retirement I am surprised at how my personal expenditures have decreased. Especially on food and clothing. Still cleaning out my downsized closet but DW seems to taking over the space and making up for my dislike of shopping.

We plan to assist both of our children at some point. But not now. They need more experience with money and they need to go through some challenging times in order to understand what money is all about and how to manage it. Hope to leave them each a retirement nest egg since they will not probably have the financial resources that we have been fortunate to enjoy.
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Old 07-11-2016, 08:02 AM   #127
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After four years of early retirement I am surprised at how my personal expenditures have decreased. Especially on food and clothing.

DH and I have spent $276 on clothing year-to-date! Food is down for us, too, and I'm not sure why; it may be that we buy more at Costco.
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Old 07-11-2016, 08:07 AM   #128
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Don't we all vape now?
only if you drive a modified subaru
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Old 07-13-2016, 10:34 AM   #129
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My objective to ramp up our expenses to meet the income generated each year. So far I have failed. But staying at high end hotels in Europe sure helps. Le Royal in Luxembourg was 338 euros a night! But the Hyatt Regency on the Rhine in Cologne was "only" 160.
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Old 07-13-2016, 03:15 PM   #130
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I spent the first 35 years of my life spending whatever I go my hands on, then I did an about face and decided that I liked the potential energy of unspent money, better than the crap that money buys, Although I never regretted direct pleasure spending for me or the family.

Unless you make a very good salary you have to make choices, and my choice was similar to that made by many others here- save, and spend on pleasure, but avoid keeping up with neighbors because it was not very satisfying for us. So we had good fun, and also saved a reasonable amount.

I would hate to try this today, today is really a different landscape in so many ways.

Ha
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