Way OT: To Paul K. The heck with merlots, I want to talk about your wife!
>>She is a long term holder who never sells her stock. She owns Intel since the Pentium flaw scare at a basis of about 12, Ford and Chevron since 1982-85 with each at a basis of about 5, Oracle in 1994 at about 10, and Pixar in 96 at 14. When she shifted jobs, and rolled oversome 401k money to an IRA, she bought FLEX and JBL in the mid 30s last summer. <<
Your wife can make these great stock buys and can hold out to get these great long term gains? WOW! WOW! She is a better investor maybe than even you!? WOW! GET HER ON SI! You take a break and put HER on this thread!
What is she buying or recommending now, if I might politely, seriously, and sincerely inquire? ------------------------------------ 2nd item: Paul, I also want to say (no joking here) thanks for discussing those tax implications regarding capital gains and very early retirement. I face some of those same problems in that I have a large portfolio relative to my salary. Sometimes daily changes in the portfolio are equivalent to a year's pay. (Although this might sound impressive, my year's pay isn't that much.) The tax consequences have spun my thinking 180 degrees: whereas before I wanted to make more income from my job(s), now I'm trying to make less income. It's an age thing too possibly. Seeing more people die, I'm more conscious of the tradeoff of time for money and more willing to earn less money to capture more time for myself. -------- Now, about that wife of yours?
-gg-, Paul S. |