Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (3360)	12/12/1998 9:56:00 AM
From: Terror	Read Replies (1) \| Respond to of 17183

JDN, Congratulations on retiring at 47. My father retired at 49. He's now 79 and complains of being asset rich and cash poor. He was an investment banker/partner of a company on Wall Street called Blyth and Company. INA bought them out, and that day he became a millionaire and retired. Moved out of a house in Bronxville, NY to both Florida Longboat Key, and Nantucket, MASS in one day. He and my mother have a wonderful lifestyle and our family have enjoy the great benefits in lifestyle. Unfortunately living off ones dividends is difficult, when companies do not increase them accordingly to time, or in the case of C old CCI reduced them. Medical and drug related items become increasingly expensive. The wonderful news is they celebrated their 50th anniversary this year and is taking the entire family on a cruise. Well from all I have learned in the investment world (early start). Is to buy alot, at low prices, and hold. Also most important item is to be lucky. My humble father alway attributes his wealth to luck. These days you need more like 7 million to 10 million to retire. As for EMC. I never bought and regret it. The fellow on Wall Street Week Fritz Reynolds mentioned EMC as one of his picks. Congratulations on such a nice ride. Best wishes, Marcie