| | | Hi Kirk,
We took off to Houston last Tuesday and Wednesday. Wanted to go Tuesday but the weather indicated 5-6 inches of rain and possible ice in Arkansas. I've driven through Arkansas during an ice storm and never want to do that again, so we delayed the trip till Tuesday. Accuweather said snow flurries Wednesday at 7:00AM. We woke up to 8 inches of fresh powder . I had to be in Houston Thursday morning for a partners meeting. So hard headed me said let's go. I was packed the night before thank God.
The first two hours were 25-30 mph on slippery unplowed roads and I was trailering a 26 foot car trailer - LONG DAY !
Made it to half way and crashed. Got up early drove 30 miles to Jackson Mo. to pick up a new Hustler zero turn that was a new one year old carry over at a very large Hustler dealer. By the time I had it loaded and strapped down it was snowing again.
Packed up ,went straight south and got out of the snow/rain by Memphis. Turned West and made it home and in bed by 3:00 in the morning. Had my meeting at 10:00 made it home by 4:00. Unpacked most of Friday and got caught up in stocks over the weekend. Still have to unload some of the trailer, but enjoying the 60 to 70 degree weather.
Lang story short, I've been quiet on SI.
I'm in more cash than ever in my life. I kind of like having my seed money out of my semi's, a double bagger profit with some tax money reserved and 55% of my original holdings left over. I've bought some preferred stock yielding 5.75% to 6.20% uncallable for quite a few years. Trying to lock in enough qualified dividends in fixed income to pay all of my real estate taxes on my properties. I've added some more dividend aristocrats in T, KMI, XOM and CVX. Just bought some new issued 4% preferred stock and nearing my fixed income goal.
So I've been traveling and busy.
My account is at records as well. Reminding me of 1999 and 2000 quite a lot. The Reddit/Hoodies are much like the frothy time periods of fast price mark up phase and no revenue dor.com IPO's.
I've continually invested and waited much longer than I thought it would take. I do not mind being out early. I darn sure do not want to wait too long.
We're debt free, live modestly and no need to risk a position in life that's more than we'll need, just for the sake of being greedy.
I'm not cashing out by any means, but amazed at what I've scaled out of so far.
Plan on scaling out more, if the market agrees.
Hope to be able to pursue my old chevy restorations in earnest with out being glued to a computer so much.
I'll have to live to be very old to get them all done as it is. Fear my age may yet restrict the accomplishment of a lifetime of collecting.
I've pushed paper all my career, and find doing good work with my hands more than rewarding.
I loved running a dealership. My techs in service and body shop were very well trained - I required it.
I always admired their skills, and they sensed it as I worked on weekends on my cars. They never had a dealer who got his hands dirty. LOL
I know how they did it, but at a production level. I'm challenged to get past the newbie level. It takes me 3 to 4 times longer with as many attempts. Unnegotiable standard is to keep up the quality of work. Challenging to me no doubt.
Enjoying retirement and its challenges.
Bull market has created new found wealth. Not getting leveraged, getting conservative.
Adding to my dividend aristocrats lightly and creating a cash balance along the way.
Thanks for the shout out and congrats on your enduring excellence as a top timer.
An achievement few master and no doubt the product of many daily disciplines, independent smart thinking with a touch of wind sailing on the side. <smile>
Bob |
|
