Recent content by cardude

Yeah, consesus was probably not the best word-- just quite a few sharp people taking some money off the table.

Yeah, I didn't think it would be all that popular. I guess my point was to get people thinking about what would hapoen to a portfolio during draw down if these broad market index funds stayed flat for 20 years and bond funds did the same. I would rather be invested in cash and a handful of...

No, I am not selling all my equities. I am not invested in a market index fund but instead in various companies that are not currently (IMO) overvalued. That post I referenced actually talks about NOT going to cash if you are invested in reasonably valued companies that will be able to grow...

http://boards.fool.com/navigating-for-the-next-decade-30829203.aspx?sort=whole This is from the Motley Fool Berkshire board. The consensus on the board seems to be that the overall market is very overvalued, so if you hold a broad market mutual fund you may want to do some market timing...

Back in the day when I could compound money at 15% like a BOSS, I would always run whatever I wanted to purchase through my "what if I invested it for 30 years" instead. That little exercise saved me from some silly purchases. I'm not saying your land purchase is silly, and the 15% rate...

This land may be close to impossible to sell if you get tired of it or if your plans change. Why would you want to "seriously deplete" your taxable savings on this? Maybe lease the land for a year ? Make sure you really need it? Sincerely Mr. Party Pooper

The deal I made my son is I would pay for 1/2 and he would pay the other half of whatever car he wanted (that was affordable). He has been working at a restaurant since he turned 15 and saved enough for 1/2 of a 2003 Toyota Tundra with 116000 miles. He pays for all gas and maintenance. I pay...

+1 This is what I was thinking. If you are FI why not put pressure on THEM with a suit (or threat of one) and get a good package. I'm not a corporate guy however so this may be a stupid idea.

Good grief. I feel so lucky to be self employed when I read the crap happening in these "reviews". I would tell the reviewer to go f$&k himself if this happened to me (if I was close to FI that is!) Can you threaten a lawsuit or other action? Buffalo them into giving you a juicy severance package?

If I had it to do all over again I would spend more time at an early age learning how to value individual companies and buying their stock when it's cheap. I fear we may be in for a long period of low overall market returns, but if you learn how to ferret out good opportunities you might be able...

Well I don't feel so dumb now. Just finishing up a month-long trip to Italy with DW and TWO teenage sons that was waaaay too expensive and very difficult. DW and I went to Italy pre-kids years ago and had the time of our lives, and I guess we wanted to give the kids a little worldly experience...

Hey I just realized, if I was 34 with no wife and kids, and had $64000 coming in, I would be seriously out there seeing the world. I mean, what a perfect time to do this, right? Cycle around Europe? Buy a boat and sail the Bahamas, Caribbean and go through the Panama Canal. Etc, etc. You...

Taking the 5th on this one. We run a clean store, but I get the comparison.

Ouch. That cuts me. Cuts me deep.

You could be an accountant for a car dealership. It's never boring !! Or maybe for the mob? Start your own small biz ? Something you are passionate about ? Maybe a string of French language tutoring schools? Bicycle tours in France for Americans? Hell I don't know, but there has to be...