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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: jrhana who wrote (11694)4/10/2004 11:41:21 PM
From: Little Joe  Read Replies (1) of 110194
 
I have a friend who retired exactly that way. He rode gold up, bought bonds at 12 - 14%, lived off the income and eventually sold (too early) and made great capital gains on the bonds. He has lost interest in trading the markets, but he has bought gold coins, Swiss annuities, Tbills and some foreign bonds. He said if he loses 90% of his wealth, which he won't, his standard of living won't change.

I wish you luck.

Great position to be in.

Little joe
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