Search found 63 matches

by celliott
Sun May 19, 2013 1:43 pm
Forum: Lifestyle Questions
Topic: Anxiety about money and buying property
Replies: 24
Views: 3535

<t>There's a big difference between man-made noise and nature's noise. We humans learn to tolerate and even appreciate nature's sounds much better.<br/> This is a quality of life issue you're facing now. I say move. Move for your sanity and peace of mind. When you are FI, you'll be in a much better ...
by celliott
Wed May 15, 2013 12:49 pm
Forum: Housing Questions
Topic: Mortgage principal and savings rate
Replies: 16
Views: 5447

<t>I don't believe it should be considered a neutral action.<br/> You will ultimately receive a return on this "savings". Imputed rent should not be ignored. If you were to invest the same principal in the market and after 15 or 30 years were to take the dividends or withdrawl the monies to pay rent...
by celliott
Sun May 05, 2013 4:24 pm
Forum: Miscellaneous
Topic: CANSLIM Stock Screener
Replies: 1
Views: 1692

<r>I believe that's been the number used in the rating of equities in the Investor's Business Daily for many years.<br/> Using CANSLIM they give a numerical indicator from 1-100 (if memory serves).<br/> <URL url="http://research.investors.com/screen-center/?screen=10640"><LINK_TEXT text="http://rese...
by celliott
Wed Apr 10, 2013 6:13 pm
Forum: Money Questions
Topic: Passive income from vending machines?
Replies: 13
Views: 3845

Done the vending machine route. NOT PASSIVE. NOT FUN. People are always messing with your machines...theft, vandalism, it's work. We sold our machines for a fraction of what we paid for them.
I would never go back there again.

by celliott
Thu Apr 04, 2013 1:12 pm
Forum: Money Questions
Topic: Robert Lichello's How to Make 1,000,000
Replies: 19
Views: 7928

JeanPaul hasn't read the book. Well, okay, he read the title...

by celliott
Thu Apr 04, 2013 12:52 pm
Forum: Money Questions
Topic: Security vs. Opportunity
Replies: 21
Views: 2583

<t>The money you'll need to bridge the retirement/pension gap should stay safe and secured. You could ladder some CD's for the 5 year period.<br/> Anything BEYOND that you can afford to risk. I say dividend growth stocks paying a higher dividend are a good place to stay ahead of inflation.<br/> <br/...
by celliott
Wed Apr 03, 2013 2:08 pm
Forum: Money Questions
Topic: Robert Lichello's How to Make 1,000,000
Replies: 19
Views: 7928



by celliott
Wed Apr 03, 2013 2:07 pm
Forum: Money Questions
Topic: Robert Lichello's How to Make 1,000,000
Replies: 19
Views: 7928

<t>I read the book about that many years ago--still have it here---and attempted the program though I was not really in a position to do it right due to a lack of cash at the time. It's very compelling and convincing. I'll look forward to your posts.<br/> It works best in volitile markets, i.e. lot'...
by celliott
Tue Apr 02, 2013 1:48 pm
Forum: Lifestyle Questions
Topic: ERE or Very Part Time
Replies: 17
Views: 2310

<t>I'm with the "hybrid" crowd. Probably because that's what I've done for the last 30 years.<br/> HYBRID: Start your own business and take control of your schedule while earning more for the fewer hours you work.<br/> <br/> Forget about an expensive education (optional). A vocational skill is suffi...
by celliott
Sat Mar 30, 2013 11:25 am
Forum: Introduce Yourself
Topic: Financially Free at 43!
Replies: 22
Views: 2568

<t>@FarmOne<br/> Cool journal! Having lived in both Rural and Urban settings, my heart has always been rural. This thread has brought back some cool memories of life on a 40 acre walnut/prune orchard part of which we converted to a horse stables and arena for horse shows and life on a 1600 acre catt...
by celliott
Tue Mar 19, 2013 8:54 pm
Forum: Housing Questions
Topic: To Pay Off Mortgage Early or Stash the Cash
Replies: 7
Views: 3752

<r>All of the above comments are good advice: Emergency fund, maxing out employer-matched 401k, etc...<br/> The crux of the question is very much Emotional vs. Numbers. Since we are talking "Personal" finance, then you need to do what harmonizes with your character and risk tolerance.<br/> I paid of...
by celliott
Sat Mar 16, 2013 2:24 pm
Forum: Miscellaneous
Topic: Your catalyst for ERE?
Replies: 40
Views: 4765

<r>Interesting thread! (Apologies in advance for the long post to follow).<br/> I am not ERE. However, I have been semi-retired since my early 20s. <br/> We never had much money growing up. Mostly lay-away and dept. store charge cards to get by each year. I Didn't graduate high-school. I checked out...
by celliott
Tue Jan 22, 2013 3:34 pm
Forum: ERE Journals
Topic: 1000Ways Journal
Replies: 18
Views: 2440

Why not a Roth IRA as a second savings plan? You can still get the tax free benefits from any earnings, but withdraw the contributions tax and penalty free at any time you desire.
Given those parameters, it makes for a good emergency fund, too.

by celliott
Mon Jun 25, 2012 1:18 am
Forum: Lifestyle Questions
Topic: What kind of work/job do/did you guys all do?
Replies: 160
Views: 29114

<r>Self-employed Janitor<br/> <br/> & Real Estate investor/landlord.<br/> I work on average 5 hours/week. Pull in a pretty good living as it's one of the best kept secrets. <E>;-)</E><br/> In my younger years I was an Inoculation Technician (at a mushroom spawning plant), Precision Sheet Metal w...
by celliott
Sat May 26, 2012 1:23 pm
Forum: Money Questions
Topic: Financing the sale of property
Replies: 5
Views: 847

<t>Get a down payment, finance the balance with a 30 year amortization for 3, 5, 7, 10 years with a balloon payment at the expiration whichever of the above loan periods you choose.<br/> Interest rates usually higher than the retail lender market for the risk you're accepting. <br/> Usually you will...
by celliott
Thu May 24, 2012 12:50 am
Forum: Housing Questions
Topic: Income property
Replies: 23
Views: 5134

<t>That 2% rule will vary greatly even in the same market. My income properties (all single family dwellings) Average 1 1/4%.<br/> However, these were all fixers and while I base the above on the purchase price + repairs, you could never do that buying at market (although there are exceptions to eve...
by celliott
Sun May 20, 2012 12:56 pm
Forum: Money Questions
Topic: Unpredictability
Replies: 17
Views: 1367

I wouldn't classify his situation as "ERE".
I would classify him as "homeless".
I think there's a huge difference.

by celliott
Mon Apr 30, 2012 11:38 am
Forum: Money Questions
Topic: What Is Your Investing Journey?
Replies: 16
Views: 1887

<r>Dividend Growth Investor here. I think the core portfolio should be comprised of good, strong dividend paying companies who raise their dividend every year to beat inflation. Less volatility, faster recovery after market swoons. It's "buy and hold", or, "buy and monitor", but not necessarily "buy...
by celliott
Tue Apr 24, 2012 12:01 am
Forum: Housing Questions
Topic: Umm.. I paid off the mortgage today
Replies: 29
Views: 5782

That group would probably be the real 1%ers.

by celliott
Fri Apr 20, 2012 8:46 pm
Forum: Housing Questions
Topic: Umm.. I paid off the mortgage today
Replies: 29
Views: 5782

<t>KTN, Absolutely Outstanding!!!!!!<br/> The ones who usually think it unwise have never done it. It's all mathematical equation and calculation to them. However, there are very few things that open the door to FI like a paid off house. I paid my last house off in 19 months. Taxes and Insurance equ...