Search results

  1. R

    I have no idea where to retire!

    I'd spend a couple months renting in each area. I am also a NYC native in SoCal(on the coast) and I don't think the weather is better anywhere on Earth.
  2. R

    Ready to set sail!

    This is a wonderful and exciting plan. Congratulations! Now let's hear some details on the cat!:)
  3. R

    First post, late bloomer, light on cash, heavy on attitude.

    That is a sad one. Fortunately, my property is all about the land. The house structure has very little value.
  4. R

    First post, late bloomer, light on cash, heavy on attitude.

    right!
  5. R

    First post, late bloomer, light on cash, heavy on attitude.

    Thank you Milton and J. for this perspective. There is a different way of thinking on this site and I truly appreciate it.
  6. R

    Walking the Walk

    What are the carrying charges with an average timeshare assuming you buy your week(s) with cash? Do you get hit with taxes,hoa fees, etc?
  7. R

    First post, late bloomer, light on cash, heavy on attitude.

    This has all been very helpful...I don't mind answering at all. I was making great money on a handful of stocks...then it all started to fall and I would make even more by doubling up as it bounced back. MetromediaFiber Networks was a favorite of mine. Things started getting worse, but I was...
  8. R

    First post, late bloomer, light on cash, heavy on attitude.

    Thank you for this. Your assumptions are correct on all counts, and I do worry about tax issues now more than anything else. I can live on very little, it is supporting the stuff and a travel baseball player that takes all the cash. Yes, I will get SS as will my wife. I usually don't...
  9. R

    First post, late bloomer, light on cash, heavy on attitude.

    Thanks for the welcome. My expenses have been out of control for the past few years as I have put everything in real estate. But no more buying! It is going to take me a few months to figure this one out and get my wife on board with a goal oriented budget.
  10. R

    First post, late bloomer, light on cash, heavy on attitude.

    Yeah, that does make sense. I just checked on my 401a. It is a fairly well balanced allocation with 65% equities. Current value is a little more than I thought at 170K. So I guess I do have some stocks. AAAAHHHHHHHH I own stocks...AAAAHHHHHHHH. Thank you for the breakdown!!!
  11. R

    First post, late bloomer, light on cash, heavy on attitude.

    Hmm...we are in California also. I know there are good options here that could save me a ton. We have a few years to see how his plan develops. Thanks.
  12. R

    First post, late bloomer, light on cash, heavy on attitude.

    You are so right about this! BUT, I can't telecommute (company security issues) and I wouldn't think of moving my son away from his friends and happy neighborhood. The commute is a real killer. Been doing it for 17 years now.
  13. R

    First post, late bloomer, light on cash, heavy on attitude.

    Thank you. I do get everyone's thoughts on being too heavy in real estate. I am going to focus on building up some other investments and not buying any more properties for the foreseeable future. Property taxes are a wealth killer especially in NY. I do plan on selling my primary residence...
  14. R

    First post, late bloomer, light on cash, heavy on attitude.

    Thank you for your comments. I have been thinking that being heavy in real estate, especially with rental properties, would be a good thing if inflation picks up steam. No?
  15. R

    First post, late bloomer, light on cash, heavy on attitude.

    I do very much enjoy reading the thoughts and plans of others on this site. We are all very similar. I also feel a kinship with the many of you who feel burned out and still have a ways to go before you can stop the grind. I am 49 and feel completely fried most of the time. I started everything...
Back
Top Bottom