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Post by MoBuckChaser on Feb 14, 2019 18:39:28 GMT -6
Stuff sells pretty quick around here.....when it's a nice home in demand and priced fairly with the market. Some homes are so over-priced they run off all the potential buyers.....and then even the price cuts dont seem to sell them.....as folks often think it has warts or something. We went to look at a really nice home a week or so ago......and it was overpriced by 150 k or so.......and it's not going to bring that price. WHen it comes to the high-end homes.....lots of people want them built the way they want them.....so those on the secondary market are sometimes slow to sell. I have bought and sold many homes in my day. High end homes deserve to be built new for those people. I am looking at the other 90% of the people that can't afford high end don't mind buying used homes that they can afford. There is a huge market there from what I can see. Just have to cherry pick a few money makers.
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Post by Sandbur on Feb 14, 2019 18:55:26 GMT -6
My plan, second week of April, switch to three days and one night of work per week.
May 10, start final three weeks of vacation.
May 11, fishing opener.
Toughest part might be trying to get foggy to put down the golf clubs and pick up a fishing rod.
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Post by kabic on Feb 14, 2019 20:50:41 GMT -6
Working until you die is a retirement plan...right?
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Post by sd51555 on Feb 14, 2019 21:03:18 GMT -6
Split the difference. I'm going all in on meat and drugs. Meat for those who don't want to be on drugs. Drugs for those who don't want to be on meat. Carbs and sugars are out, protein is in.
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Post by MoBuckChaser on Feb 14, 2019 21:13:12 GMT -6
Split the difference. I'm going all in on meat and drugs. Meat for those who don't want to be on drugs. Drugs for those who don't want to be on meat. Carbs and sugars are out, protein is in. For a second I thought you may be going all out on communication today as Century Link just cut is dividend by 2/3rds. Ouch!
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Post by sd51555 on Feb 14, 2019 21:19:04 GMT -6
I've been paying as many of my retirement taxes as early as I can (scheme 1)while my income is lower and I live in the glorious free people's republic of South Dakota. I still have 9.9% of my retirement savings tax deferred. That is only because 9.2% of that 9.9% is stuck in an HSA.
From here, i'm going to use my life insurance equity to fund a phony bologna stock trading scheme (scheme 2)to juice both stock returns and use those gains to stuff those policies with extra cash (scheme 3)which will later be temporarily tapped to "retire early" starting around age 50 (scheme 4). I'd like to quit my next job around 42 and take another step down to part time and start taking some dividends in cash to supplement (from scheme 2), but same deal as Lee... If health insurance is still the joke it is now, A guy might have to get real creative to become paper poor.
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Post by MoBuckChaser on Feb 14, 2019 21:21:41 GMT -6
I've been paying as many of my retirement taxes as early as I can (scheme 1)while my income is lower and I live in the glorious free people's republic of South Dakota. I still have 9.9% of my retirement savings tax deferred. That is only because 9.2% of that 9.9% is stuck in an HSA. From here, i'm going to use my life insurance equity to fund a phony bologna stock trading scheme (scheme 2)to juice both stock returns and use those gains to stuff those policies with extra cash (scheme 3)which will later be temporarily tapped to "retire early" starting around age 50 (scheme 4). I'd like to quit my next job around 42 and take another step down to part time and start taking some dividends in cash to supplement (from scheme 2), but same deal as Lee... If health insurance is still the joke it is now, A guy might have to get real creative to become paper poor. I hear these new plastic coffee cans filled with money last longer buried in the back yard than the old metal ones.....
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Post by kooch on Feb 14, 2019 21:25:17 GMT -6
Keep pumping as much as I can into a sensible portfolio heavy in Vanguard Index funds until I get enough to retire on. I'm too stupid and lazy to do much more complicated than that. It's a damn big number though so who knows when it'll happen. Of my two kids, one for sure is going to college so I have to pay for that.
Quit working, hopefully enjoy seeing my kids have success in life, maybe have some grandchildren to spoil.
Send my time turning the 80 acre agricultural deer desert in SD into a tiny little whitetail heaven. My wife grew up on a little farm out by Milbank SD and I hope to buy her siblings out of it when the time comes.
Spend time on my MN hunting land doing whatever, whenever. Garden, can, hang out doing farm type stuff, tinker around with shit. Maybe I'll take up my pottery hobby again with my own shop including a kiln.
Travel someplace warm for a couple months a year.
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Post by Reagan on Feb 14, 2019 21:33:52 GMT -6
I keep dumping money into a 401K and a Roth.
If my company keeps growing, I keep making more. There is a lot of market share out there for us to take. If we take it, I’ll do better each year.
I’m 45. So I have some time.
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Post by sd51555 on Feb 14, 2019 21:37:54 GMT -6
Split the difference. I'm going all in on meat and drugs. Meat for those who don't want to be on drugs. Drugs for those who don't want to be on meat. Carbs and sugars are out, protein is in. For a second I thought you may be going all out on communication today as Century Link just cut is dividend by 2/3rds. Ouch! I hate high yield stocks. Any stock yielding over 4% is likely going to slap you in the face like the shit covered tail of holstien. Over 6% and I'd bet even money it'll get cracked and crash within a year. The real income power of dividends isn't realized in yield. It's realized in companies that can grow that yield each year. Look no further than Home Depot. Never ever paid over 2.5% yield that I can remember, but look at this: (This is not an endorsement of Home Depot stock in any way. I do not own it, and won't in the near future either)HD yields barely over 2% today. Hardly a gusher for dividend income. But how much are you yielding if you bought it five years ago? There are tons of solid companies out there doing this. Even if the share price never grew, this would outperform any bond fund or annuity in a big way.
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Post by sd51555 on Feb 14, 2019 21:48:20 GMT -6
My wife grew up on a little farm out by Milbank SD and I hope to buy her siblings out of it when the time comes. Plan to own a boat and fishhouse. It'd be a shame to live that close to the glacial lakes and not take advantage of them. Once that bubble bursts (the boat and fishhouse bubble), it's gonna be a ghost town up there and you'd have the trophy lakes to yourself.
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Post by biglakebass on Feb 14, 2019 22:24:02 GMT -6
Working until you die is a retirement plan...right? Beat me to it.
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Post by Freeborn on Feb 15, 2019 5:12:39 GMT -6
Financially im in very good shape for retirement but I'm in the unenviable situation that I can't leave the area until my parents pass. That being the case I'll be working for another 4-6 years which will put me at 63.
Plan on spending winters in Arizona and summers probably in Minnesota but will travel frequently.
Income will come from 401k/IRA, after tax investments and pensions. Depending on opportunities, I might do some part time accounting/finance consulting work in AZ. I also plan on doing some additional college course on subjects I'm interested in.
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Post by Sandbur on Feb 15, 2019 5:24:51 GMT -6
Financially im in very good shape for retirement but I'm in the unenviable situation that I can't leave the area until my parents pass. That being the case I'll be working for another 4-6 years which will put me at 63. Plan on spending winters in Arizona and summers probably in Minnesota but will travel frequently. Income will come from 401k/IRA, after tax investments and pensions. Depending on opportunities, I might do some part time accounting/finance consulting work in AZ. I also plan on doing some additional college course on subjects I'm interested in. I have considered some college courses, also. At present, my interest is not in courses related to my present career.
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Post by Freeborn on Feb 15, 2019 5:42:01 GMT -6
Financially im in very good shape for retirement but I'm in the unenviable situation that I can't leave the area until my parents pass. That being the case I'll be working for another 4-6 years which will put me at 63. Plan on spending winters in Arizona and summers probably in Minnesota but will travel frequently. Income will come from 401k/IRA, after tax investments and pensions. Depending on opportunities, I might do some part time accounting/finance consulting work in AZ. I also plan on doing some additional college course on subjects I'm interested in. I have considered some college courses, also. At present, my interest is not in courses related to my present career. Mine is purely courses I'm interested in . I'd like to take some courses on the history of religion and American history.
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