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Re: Stock Market Valuations and Entry Point.......
Old 12-21-2004, 07:13 AM   #10
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Location: Dallas
Posts: 1,176
Hi Mikey,

Give me a break on the age at least ... I am 70.

The laundry has not done well since the last recession.
I am trying to beef up the gross income so it will bring
a better price on the market in a year or so. Currently
it just barely covers payments on a home equity loan
that will be paid off in 4 years. So as it stands now
I need about $20-30k per year from investments plus
about $20k per year from SS to be comfortable.

When I dump the laundry I will be debt free. This
will allow me to reduce my equity exposure quite
a bit and sail away peacefully into the sunset.

Cheers,

Charlie
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