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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: LindyBill who wrote (15338)1/16/2000 8:23:00 PM
From: janet_wij  Read Replies (1) of 54805
 
Bill,

This discussion of early retirement is intriguing. A little over a year ago, I wrote a check to myself in the amount of $2 million, with a date certain in the not too distant future. I carry that check around with me in my wallet. I looked at it recently.

About retirement--I have income real estate and will have a modest pension. Together the two will replace 70% of my current salary. And as soon as my portfolio, half of which is in taxable accounts, crosses that magic number, I'm outta there to pursue the challenging and rewarding job of full-time investor.

Recently, there was a great discussion here of kids and money. Over Christmas, while watching CNBC, my granddaughter asked about the numbers and letters crawling across the bottom of the screen. After a rudimentary explanation, she offered that she'd buy Disney and Intel. Her reasons: she likes Disney movies, and Intel has Windows 95. So she was a little confused about what Intel makes. But she does know that every computer in her home has Intel and Windows inside. God, was I proud of her. She's six. And while I didn't buy either, they've both had a decent run since she recommended them. Her record is as good as the talking heads. Seems I'll have an investing partner in retirement.

Janet
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