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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (90445)9/17/2009 10:21:14 AM
From: ayn rand  Respond to of 94695
 
our primary strategy should be to preserve whatever wealth we have today. today will be the best financial position we shall enjoy for some time to come.



To: fred woodall who wrote (90445)9/17/2009 10:24:01 AM
From: No Mo Mo1 Recommendation  Read Replies (1) | Respond to of 94695
 
"Way I figure it devalued currency and inflation is costing me about $110 every night I go to sleep. It is also why I am back in this perverted stock market after five years to preserve my savings and execute an exit strategy."

What annual % are you using for inflation? I figure 15%-20%(+) depending on if you consume health care, have kids in college, drive much, etc. If you live very low on the food chain, inflation can be below 10%.

I'd LOVE to get the hell out of managing my moolah, as well. The thousands of hours wasted in front of a monitor are irreplaceable. What to do, though? I have just enough of a nest egg that I HAVE to manage it. Oh, for a place I could plant the dough for 2-5 years and not worry.