Off Topic — HabitableZone

Off Topic » in reply to Questions For Monday - Have A Happy Holiday

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1) Well over... But less than 10 million...I think if I ever got more than 10 Million I would immediatly go to "work" giving the money away...And please, lets just call it "Semi-retirement". I'll always work, but it MUST be at my leisure. Especially when I hit 50. (10 years and counting)

2) Yes... quasi Targets... The future holds to many variables for anything else, your targets must be continually refined! Rate of return: I don't hold out for anything more than 8-10%... If I get more, then great. If not. Oh well! Most years I've hapily blown through my targets, but I really think luck isn't something you can count on...If you can get 8-10% then you have what it takes to be a "Good Investor".

3) Actually plan for a better standard. I haven't travelled near as much as I would like to when I hit that semi-retirement age of 50!

4) Some years I've done exceptionally well...More than 3x the DJIA average...Other years I've done miserable (Thanks to Bernie Ebbers may you rot in Sing Sing you lousy piece of $&@#).

5) Close to a million. No where near a Billion. But most is tied up in real estate (and I'm told that is headed south!). I'm reluctant to borrow against it. (Leverage can kill you financially!)

6) Very likely I'll earn more money from my invested Capital than I'll ever earn from working for "my employer".

7) Number 6 pretty much describes how I'll judge success: because I started at zero and haven't inherited a dime...I think I've been a pretty good investor to get where I'm at now, and where I plan on going...If The plan fails, I could always find a real job again. Hell, come to think of it, I don't even have a real job now!

8) Not really. My wife already knows what I'm worth...So I pretty much assume that everybody else knows too.

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