LogFAQs > #953413648

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Topic	Stock Topic 28
red sox 777 04/30/21 5:03:52 PM #247:	But $1 million is not enough to be spending much money. And that includes buying a house in an expensive area. I think the better plays are to (1) keep working and investing aggressively, or (2) cut cost of living and keep investing aggressively. If you are at $5 million+ you can probably afford to retire, invest conservatively, and live off the income. But even then, I'd want to keep a big share of my portfolio in aggressive investments. Living off of interest/dividends just seems like a boring way to live. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:953413648] in Stock Topi... [t:79419642]...</cite> <quote>But $1 million is not enough to be spending much money. And that includes buying a house in an expensive area. I think the better plays are to (1) keep working and investing aggressively, or (2) cut cost of living and keep investing aggressively. If you are at $5 million+ you can probably afford to retire, invest conservatively, and live off the income. But even then, I'd want to keep a big share of my portfolio in aggressive investments. Living off of interest/dividends just seems like a boring way to live. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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