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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (109322)9/14/2008 1:15:51 PM
From: Cogito Ergo Sum  Read Replies (1) of 206223
 
Ah good to know I am not alone.. and this may become a talking point.. :O) I've reached a point this year where as long as I make in the 10-15 (I hope to surprise to the upside LOL) range return on my savings I am not terribly concerned about 'saving' money.. I am shifting into 'work for comforts' mode ... ie.. I can spend most of my disposable income. My wife figures to retire and just take on selective jobs within three years.. I've already been really scaled back for a few years.. averaging maybe 20 billable hours a week.

Our debt is low and home free and clear (apparently mortgage freedom is the case for 42% of Canucky homeowners)

65% cash is effective in reducing the beta but doesn't offer much upside :O) Then again there is no need to rush back in whole hog..

BTW 10-15 consistent return is pretty darn good if risk is low...

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