I guess I'm a bit old for early retirement. But I've been a DIY investor for some 20 years now, and I am always looking for discussions and suggestions as to how to manage one's own money.
I've retired before, in 1999, but I lost two thirds of our money in the 2000-2001 crash, and so I went back to work. The second time around, I worked for myself and enjoyed it a lot more than when I was an employee. So I kept going past the planned age of 65. But now it's time to go.
I'm basically a buy-and-hold investor, mostly in widely diversified index ETFs. I do use 5 % to 10 % of our money as play money, i.e. stock picking. Over all, that has gone less well than the indexed portion of our portfolio, and confirms me in my approach of sitting back and letting the broad market do my work for me.
I look forward to participating in your discussions.
George
I've retired before, in 1999, but I lost two thirds of our money in the 2000-2001 crash, and so I went back to work. The second time around, I worked for myself and enjoyed it a lot more than when I was an employee. So I kept going past the planned age of 65. But now it's time to go.
I'm basically a buy-and-hold investor, mostly in widely diversified index ETFs. I do use 5 % to 10 % of our money as play money, i.e. stock picking. Over all, that has gone less well than the indexed portion of our portfolio, and confirms me in my approach of sitting back and letting the broad market do my work for me.
I look forward to participating in your discussions.
George