02-04-2003, 11:36 PM
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Confirmed User
Join Date: Feb 2002
Posts: 2,253
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Quote:
Originally posted by mrbling
I can picture quiet's situation quite clearly 
my plan would be:
1) 1.5/4 in real estate
2) 2/4 in liquid cash
3) .5/4 in other investments
There always be work maintaining the money, minimal though, you can sublease the work to a close friend or relative.
I live like a $30,000 year person which is how I got to where I am,
I can live on 2M easily for the rest of my life and I'm pretty young.
4M would almost be overkill.
if I want to go to bahamas , I can drop things and go TOMORROW and take my laptop, if I want to party this whole week I party this WHOLE WEEK, if I want to do anything within limits, I party, I eat fine diners every week , pretty cheap, doesn't have to get expensive. This can be ALL be done on $30k year
What you should NOT be doing is buying depreciating assets such as
$200k ferraris
$50k hummers
$100k boats
that is when your money starts to shrink fast.
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How much $ for casino gambling? At least 1 milion. You're going to have to go back to the drawing board. |
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