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WELCOME to the ROARING 20's!!
#7
Crimson, glad you are realizing your early retire plan.  I remember you mentioning that.  I did about three years of that and it was wondersful.  I knew I'd have to do something for wages to stay out of the port until I truly retire in a few years.  I've worked fulltime at HD for a year now.  That QUICKLY morphed into running a dept for not nearly enough pay for the stress.  Going back to part-time in a couple weeks.  I'll be happier.   

Ray, you'll definitely want to be in complete agreement with your wife.  It's a lifelong commitment of course.   

As I've shared I got burned pretty bad during the tech bubble.  I stayed 95% invested from then until last year, with one exception.  I smelled 2007 coming and went about 35% cash early on.  I averaged it back in fairly quickly close enough to the bottom in 2009.  I missed 3/4ths of the beating with a good chunk of money.  I'll never get that lucky again.  I have no need to be fully invested from now on so that's a comfort when the big one happens. I don't happen to think anything like the Great Recession is coming either Ray, but it seems clear the Central banks are going to be reckless until it doesn't work.  We've never seen anything like this so who know how or when it ends?  I'll see another -25% though.  That's a certainty IMO.  We'll all survive it.
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Messages In This Thread
WELCOME to the ROARING 20's!! - by rayray - 01-01-2020, 11:35 AM
RE: WELCOME to the ROARING 20's!! - by fenders53 - 01-01-2020, 09:03 PM
RE: WELCOME to the ROARING 20's!! - by ChadR - 01-02-2020, 02:43 PM
RE: WELCOME to the ROARING 20's!! - by fenders53 - 01-02-2020, 06:40 PM
RE: WELCOME to the ROARING 20's!! - by crimsonghost747 - 01-03-2020, 10:42 PM
RE: WELCOME to the ROARING 20's!! - by rayray - 01-04-2020, 08:49 AM
RE: WELCOME to the ROARING 20's!! - by fenders53 - 01-04-2020, 06:56 PM
RE: WELCOME to the ROARING 20's!! - by crimsonghost747 - 01-04-2020, 11:32 PM
RE: WELCOME to the ROARING 20's!! - by fenders53 - 01-05-2020, 05:08 AM



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