BUM
Thinks s/he gets paid by the post
ESRBob said:But you can be a group of 1 now.
Thats news to me. I thought the minimum was 2 (in NY). I'll check it out.
ESRBob said:But you can be a group of 1 now.
modhatter said:Well, personally speaking, I always feel sort of left out when reading any books to do with retirement and money, as I do not fall in that catagory of ever having a 401K or even an IRA. I prepared for retirement by purchasing real estate, and so all my assets are non-tax sheltered. (once sold-as I am in process of doing now)
There are never any chapters in books for us former real estate mogels, with any guidance or suggestions of how to handle larger sums of money without the benifit of any tax sheltering. And I know I'm not alone out there. I am sure there are many such as me who have chosen this path to building wealth instead.--right or wrong.
So managing your money when ever you want to "sell out" and retire, without giving it all back to uncle sam, would be a nice addition to any book to do with finances.
BUM said:Thats news to me. I thought the minimum was 2 (in NY). I'll check it out.
Links, man, we need links. Otherwise you're about to rain down a lot of H0cus...modhatter said:Also, I think the overstated "safe 4% withdrawel rate" needs some updating. I have read considerable articles and studies lately that point to a lower withdrawel rate today, based on current stock market evaluations and expected returns for the next decade.
Rita, I love Ferri's book -- it came out after Work Less Live More went to press, but thanks for the reminder and it will go in the resources for that investing chapter. Just curious, though, where you saw disagreement between what I had been saying -- I'd like to look more deeply into that area and make sure I haven't unintentionally left something out etc.Gotadimple said:B
Ferri, Richard A. All About Asset Allocation, McGraw Hill, 2006. Complements your rational investing discussion. Doesn't necessarily agree with it - but does complement it.
ESRBob said:Just curious, though, where you saw disagreement between what I had been saying -- I'd like to look more deeply into that area and make sure I haven't unintentionally left something out etc.
thx!