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Good question ProspectiveBum. I had the option to retire, but I have to admit that I don't fit the definition of retirement. I'm still doing work but it's with start-up companies or other companies that I think have interesting technology to work with. If I don't like the people then I won't...

I forgot about starting this old thread. I did make big changes in my stock and bond investments, and I also made some real estate adjustments and changed jobs, which allowed me to use a relocation benefit to re-position my home real estate at no cost. I refinanced rental property as well as...

What's the chances of seeing other banks experience a "run" next week? Also, have you checked how much your investments are insured for if your brokerage goes under?

I have mostly large company experience, but I've seen am amazing number os stupid things, bad behavior, and political assasinations. It's a shark tank. So, large companies are no protection. I've seen people go from "golden buy" to "dirt" in minutes when they trip over the wrong thing or say...

Notmuchlonger, You have a cool pic. I need to come up with something cool for myself. Here is a good web link to read a summary of the coupe attempt and it has sources provided at the bottom of the web page if you want read more detail about it. It was JP Morgan and the DuPont's who tried to...

I think its hilarious to listen to the resons given on the news for market ups and downs. It's a lot of revisionist history in most cases. I can only imagine the room where everyone sits around and looks at where the market has gone and then looks at the news. If the market is down they find...

SoonToRetire and Midpack, thanks for those stories. I think we can learn a lot from people who have lived through it. My grandparents lived through the 1930's and none of them ever owned any stock. They had a small plot of land and I was always amazed at how they could feed the whole extended...

OK, here is a summary of what I've heard so far: - Make yourself as employable as possible (i.e. diverse experience and good networking). - Get into some long federal bonds but don't get too unbalanced or you'll be forced to wear a tin foil hat. - Remove all debt (Would you go so far as to...

This thread is to explore investment ideas for how to get through a Depression (Deflationary period) that could last a couple years, and then it is followed by no economic growth for years to come. The assumption is that we will go through a diffficult economic decade (somewhat like the 1930's)...

The problem with increasing immigration is that we will have high unemployment as soon as the LBYM baby boomers stop spending. We will probably be thrown into deflation for at least a couple years. I saw a news report saying that the democratic presidential candidates visiting Toledo recently...

If all these people decided to stop LBYM and to start saving then wouldn't our economy crash spectacularly from where it currently is? Wouldn't P/E ratios crash since they are based on future expected growth? Now that we've created such a personal debt bubble, spending is going to have to...

I think that the demographics of the US is going through a down cycle for a decade or so and the baby boomers will need to start hyper saving soon since they are so far behind on retirement equity. This puts us on a cliff edge where we could easily fall into a Japan scenario all too easily...

I too am a landlord and I agree that it is very difficult to make a good return. I like it because I do not have a pension so it's one of the most non-correlated assets to hold verses the equity markets, especially with how globalization has created higher correlation of global markets. If it...

hoping, I think you have a bit of a "good to great" problem. Rambler's comment made me think of this. You can indeed stay for 24 months to get that extra $40k a year, but in 24 months the same situation will still exist and you will be looking at staying yet another 24 months to add another...

hoping, Maybe you should look for a new job at the new location for a given time period and then move there anyway even if you haven't found a job you want. Maybe 9 months is a good time period. Ultimately, it sounds like its more important to move to where you want to settle. Let a new...

You are early in your career and I would recommend maximizing your fexibility (learn about more things) and advancement now because the more you can earn early in your career, the more you can save enough to retire earlier. The impact of this is huge if you model it. I agree that due to the...

A couple additional things...You may want to form a LLC and then quit claim the deed to your LLC so you have a liability shelter in case a tenant tried to sue you for something. Why do you say you won't get a mortgage deduction? You should get one for the interest. If you make over a certain...

I would recommend keeping you bonus money in other investments and then tap it if you need it to handle issues with the rental. 6.625% is a pretty good rate for 30 years and you can hopefully do better in other investments that also have the advantage of being more liquid. I have 5 rental...

DW takes at least 30 minutes of perfect conditions (no light at all, and no sounds) to fall asleep. I snore a little, which is too much for her. I didn't like the separate room idea so we purchased a HEPA air filter and turned that on for the white noise. We might as well get cleaner air at...

I think we're having a news induced recession. The extreme fear in the news seems to have come before the data. I guess that if we all try hard enough and stop buying things we could slow it even further.

Net worth hit $2.1M in December, but still can't get the wife to agree on a target for when to jump. I always wondered how people made it all the way to $5M or $100M without deciding to retire way before then. I can't imagine bothering to go over $5M. My target was always $2.3M.

Down 1.9%. There goes a couple months of gains. :laugh: Lots of over-blown fear reporting fueling the market. I'm hoping this sets up a nice buying opportunity soon.

Harm, You sound like someone who is looking to continue to learn new things, and you're asking "what else is out there?" Life's an adventure and I think this is the kind of question that propels adventurers. I was in a similar situation to your but I was a bit older. I'm now at $1.4M and...

I've been reading from this site for maybe a year before I posted anything. I found that there isn't anybody that I know outside of this site who is knowledgeable or interested enough in ER that I can have these conversations with. I think it's just not something people feel can be part of their...

I can relate to this situation since my DW is still in her 30's and we have a NW of $1.4 M. I'm in my early 40's. Our NW is on a rocket ship at the moment, but that's because we are in high pressure high responsibility jobs at mega-corps and we're saving 62% of our income right now. We now pay...