Search results

Eddie, My advice is... 1. Every time you are considering a "want" versus "need" purchase remember that for every $100 you spend today, you are robbing yourself of $1,000 in your early retirement fund -- assuming 10% return for 25 years ($100 * 1.10^25 = $1,083). 2. Spend as little as...

Letj, in response to your questions... 1. How did I amass the amount? Saved up first $1,000,000 before age 40 by living off my salary and investing my spouse's salary for 15 years. Also had inheritance that kicked in some extra $$ recently. 2. Investments? Had used mutual funds for years...

CybrMike, Regarding options -- have avoided them only out of ignorance. I have never spent the time to study the use of options. If you have any good recommendation of a book or website to learn, let me know. I did start to look into covered calls as I heard you could make 2-3% monthly. It...

Martha, Thanks for the reply. I will look for a good independent agent after the first of the year. I will also schedule a doctor visit to see how my cholesterol is doing since I dumped Lipitor last year. Maybe it has lowered all on its own (wishful thinking).

I just joined the forums yesterday and have some healthcare questions. Here are the details: Hoping to retire next year at age 43. Married w/ 2 kids (6th and 11th grade). Live in Illinois. Health: My wife & I may be slightly overweight (10-20 pounds). I have high cholesterol (280) and...

Thanks for the welcomes -- I will check out the healthcare forums to learn more about the pros / cons of taking Cobra vs. getting a policy ASAP while healthy. I guess I deserve some ribbing w/ my 25-30% return note. I started an unorthodox strategy last year that provided a 35% return in 2006...

Hi, I found this site today as I am considering ER soon. It looks like this site has many good posts to sort through. I am 42, married, with 2 kids (6th and 11th grades). I have a current net worth of about $2.75mil with $2.3mil being in savings / 401K (remainder is in house equity). The...