Hi! I'm LRS

Re. " greatest financial gurus of all time", I was saddened to see my name left off the list. Anyway,
I also pretty much advocate "waiting at the mailbox
for your dividend checks", except for my heavy
reliance on real estate which I suppose looks pretty
risky to the untrained eye.

John Galt

[unclemick]

Take Heart John

My guru's have passed on. The new millenium awaits. Perhaps a breakthrough theory on dryer sheets and real estate. Remember what the spreadsheet did for retirement calculators.

[cute fuzzy bunny]

High interest rates and low P/E's do indeed entice.

Its the process of getting where we are now (the inverse) to that other place thats rather painful.

The transition to higher rates will badly dent intermediate and long term bonds, and even shock stocks (although they'll both benefit in the long run; the bonds from higher dividend rates and the stocks from the inflation that will undoubtedly be accompanying the interest rate hikes). Lowering of P/E's to anything near historical levels will drop prices of the total market by roughly 40-50%. Growth stocks will take it worse.

When I see things like "lowest rates in 40 years" and "very tame inflation" and "highest P/E rates in history", I can but assume we're heading in the other direction at some point. Either fast or slow.

[dex]

Lance,
A couple of basic questions.
1. How is the internet access there?
2. What are you doing for health insurance? USA company or foreign.
I lived in Hong Kong for awhile and liked that area of the world.

Did you get all your hepititisus shots? I'm not sure what letter they are up to for it.