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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#51 | |
Confirmed User
Join Date: Feb 2002
Location: Vegas
Posts: 5,741
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Quote:
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#52 |
we'll miss you our friend. RIP
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Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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the question i'm most interested in working out, is what to do with all my liquid capital.
i plan to more or less live off interest. I'm going to keep a nice chunk of money free, but need to invest the rest - with extremely low risk. however: i want to avoid headaches, stress and excessive work. that was the whole point of becoming rich in the first place imo ;)
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#53 |
Confirmed User
Join Date: Mar 2002
Posts: 323
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Penrod: no, not telling you that. Just saying most of the people who answered my question assumed I'm probably greedier than I am, that once I hit my goal I'd suddenly feel that that number is too low and would feel I must have more. The closer I get, the more that number seems like a good estimate, though. That's why I asked my question, to see if other people's goal numbers were in the ballpark of mine or not. I guess they don't have monetary goals, but I only wanted to know because of financial planning. I'm not just dreaming about it.
Doesn't anybody else want to quit work forever and just do what you want? I'm sure a lot of you do... If so, what is the number you think you need to do that? That's what I meant.
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#54 |
Confirmed User
Join Date: Mar 2002
Posts: 323
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HQ, thanks for your input. That's what I thinking about.
And quiet, that's how I'm thinking about it. What should I do with my cash? Give it to a money manager? I can't think of any investment that doesn't require more work than it's worth, apart from current investment of time, which is temporary.
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#55 | |
we'll miss you our friend. RIP
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Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
i don't trust anyone, so i'm having a very hard time with handing over my cash to someone. so I'm not sure what to do. ideally, i'd like to get a guaranteed long term return, written in stone. here's X million - guarantee me Y in returns. no headaches or worries. sure there are GIC's/etc, but the rate of return is pretty low in those cases. *shrug*
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#56 |
Confirmed User
Join Date: Mar 2002
Posts: 323
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Same here. I still don't know. It makes me nervous.
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#57 | |
Confirmed User
Join Date: Feb 2002
Posts: 2,253
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Quote:
Don't do anything with it at the moment. You'll figure something out down the road. Keep most of it in a savings account. Not huge returns but it's completely safe and with X millions you can live comfortably off the interest. You could travel the rest of your life and have fun on that interest as it stands. Go to Tokyo or something and have a blast. |
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#58 | |
Babemeister
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Join Date: Jun 2001
Location: Madison
Posts: 7,081
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#59 |
Confirmed User
Join Date: Mar 2002
Posts: 323
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But then you're still working, not really retired. You have to think about money.
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#60 | |
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Join Date: Jan 2002
Location: AdultWebmasterInfo
Posts: 2,353
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we keep our money spread out, but most of it in invested in commercial buildings giving us apprx. 8%-9% return and some $$ at the bank but return there is only 4.90% as well as some shares ! I haven't figured out a way to get any return on our cars and House ![]() |
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#61 |
GFY Chaperone
Join Date: Jan 2001
Location: Adult.com
Posts: 9,846
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Rich is anyone who makes more than me, this always has been my definition.
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#62 | |
Babemeister
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Join Date: Jun 2001
Location: Madison
Posts: 7,081
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#63 | |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
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#64 | |
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Join Date: Feb 2002
Posts: 2,253
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#65 |
Confirmed User
Join Date: Mar 2002
Posts: 323
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That's crazy, man. They'll be closing your casket way before they close mine.
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#66 | |
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#67 | |
Babemeister
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Join Date: Jun 2001
Location: Madison
Posts: 7,081
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Quote:
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#68 | |
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Join Date: Jul 2002
Location: Florida
Posts: 764
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domain buyer |
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#69 |
Confirmed User
Join Date: Mar 2002
Posts: 323
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Well, Minte, maybe you need to keep working to feel good. I'm sure lots of people do. But if I had to work until I were 48, I'd never make it. But I'm high-strung.
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#70 | |
Babemeister
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Join Date: Jun 2001
Location: Madison
Posts: 7,081
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Quote:
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You might not be as anonymous as you think you are. |
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#71 |
Confirmed User
Join Date: Mar 2002
Posts: 323
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Heh heh heh!
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#72 |
Confirmed User
Join Date: Jul 2001
Location: A Free America
Posts: 2,210
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if the government you live under is stable you put your money in tax free federal government bonds... tax free... probably the most secure investment you can make.
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