11-22-2002, 09:05 PM | #11 |
Drow Priestess
Join Date: March 13, 2001
Location: a hidden sanctorum high above the metroplex
Age: 54
Posts: 4,037
|
When the interest generated on the principal is enough to pay all your normal monthly expenses. Properly invested, even $250,000 would suffice for most people living reasonably, depending upon the cost of living of their area. Here in the Metroplex, that amount would be stretched thin each month; however, in Denton or Belle's home town that amount would be more than enough.
Animal, in your situation I would find a financial advisor in whom you place a high degree of trust, invest the money wisely, then decide whether you wish to continue working at this time. Since you are 30, the investment strategy I suggest is 30% in government securities (for preservation of capital), 25% in corporate bonds, and 45% in an well-diversified, aggressive-growth mutual fund; I dare not get more specific than that to avoid influencing your decisions, despite the fact that I do offer financial planning (or at least I try to, but that is a story for another day). Should you decide to stop working, you would have plenty of time for soul-searching to decide what you really want to do. Now, about feeling bad about having a lot of money...think of yourself as gifted economically. Would you feel bad about being intellectually or athletically gifted? Probably not. Just be thankful for what you have and go on from there. Good luck! [ 11-22-2002, 09:19 PM: Message edited by: Azred ]
__________________
Everything may be explained by a conspiracy theory. All conspiracy theories are true. No matter how thinly you slice it, it's still bologna. |
11-22-2002, 09:09 PM | #12 | |
Banned
Join Date: October 31, 2002
Location: Finland
Age: 39
Posts: 649
|
Quote:
I think that enough is when the person can live life he/she is happy about. |
|
11-22-2002, 09:11 PM | #13 | |
Gold Dragon
Join Date: March 29, 2002
Location: Canada
Age: 51
Posts: 2,534
|
Quote:
As an addition to my previous post, I find myself judged by most who know me because I have financial freedom. This is why I posted this, because I feel that those on this forum have not judged, perhaps because of lack of knowledge. I am a single father and find it very difficult to find a woman who will accept me for me, instead of me for the money. It seems things change as soon as they find out. Forgive me, if I rant. I'm in a bit of a different place right now.
__________________
It\'s all fun and games until somebody loses an eye...then it becomes a sport.<br /> [img]\"http://members.shaw.ca/mtholdings/bsmeter.gif\" alt=\" - \" /> |
|
11-22-2002, 09:13 PM | #14 | |
40th Level Warrior
|
Quote:
__________________
|
|
11-22-2002, 09:18 PM | #15 | |
Gold Dragon
Join Date: March 29, 2002
Location: Canada
Age: 51
Posts: 2,534
|
Quote:
I miss my wife very much. I miss you baby! [ 11-22-2002, 09:21 PM: Message edited by: Animal ]
__________________
It\'s all fun and games until somebody loses an eye...then it becomes a sport.<br /> [img]\"http://members.shaw.ca/mtholdings/bsmeter.gif\" alt=\" - \" /> |
|
11-22-2002, 09:21 PM | #16 |
Emerald Dragon
Join Date: September 25, 2001
Location: NY , NY
Age: 63
Posts: 960
|
you only need as much money as you think you need. If you properly streamline your life like I have you can live quite comfortably on only $350 a week. Remember , money cant give you self respect.
[ 11-22-2002, 09:22 PM: Message edited by: The Hunter of Jahanna ]
__________________
\"How much do I love you?? I\'ll tell you one thing, it\'d be a whole hell of a lot more if you stopped nagging me and made me a friggin sandwich.\" |
11-22-2002, 09:26 PM | #17 |
Hathor
Join Date: March 6, 2001
Location: Waxahachie, TX
Age: 60
Posts: 2,201
|
That is tough to deal with. People do change when they find out you have money.
Those are the ones that are best held at bay. Work until you don't want to anymore. When something isn't enjoyable, you don't put the same effort into it and the results show. As far as women go, keep your eyes open. There are women with whom that is genuinely not an issue.
__________________
And then there were 6. |
11-22-2002, 09:27 PM | #18 | |
40th Level Warrior
|
Quote:
__________________
|
|
11-22-2002, 09:27 PM | #19 | |
Gold Dragon
Join Date: March 29, 2002
Location: Canada
Age: 51
Posts: 2,534
|
Quote:
__________________
It\'s all fun and games until somebody loses an eye...then it becomes a sport.<br /> [img]\"http://members.shaw.ca/mtholdings/bsmeter.gif\" alt=\" - \" /> |
|
11-22-2002, 09:28 PM | #20 | |
Banned
Join Date: October 31, 2002
Location: Finland
Age: 39
Posts: 649
|
Quote:
edit: sorry about your wife too. [ 11-22-2002, 09:30 PM: Message edited by: purre ] |
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|