Early Retirement Extreme Forums

<r>@Orinoco - must admit I tend to read the listings more for entertainment value than any expectation of finding a suitable bid <E>:-)</E><br/>
The one exception, I pitched £50 on to one of the PRIME listings, which has a capital guarantee of 70% underwritten by PRIME. On top of this any borrower ...

<t>That whole 'save 75% of your income' idea - because I really didn't it believe when I first saw it. <br/>
Then I sat down and did some simultaneous equations, and WOW! It's true! <br/>
This more than anything brought home to me the big concept about being wealthy - it's not the income that counts ...

<t>Interesting range of experiences here! We have a similar scheme in the UK (Zopa), but it does seem to have some slight differences which make me feel a little securer than appears to be the case with its US cousins. <br/>
The biggest difference is that there are two ways to lend. Either to ...

<t>I will rebalance when I have more to rebalance.<br/>
For now it's a case of bringing the lagging asset class up to where it needs to be, ie my equities portfolio, which I'm selecting for dividend yields (after due diligence, of course). This will also be balanced wrt its components, 10-20 ...

<r>16% cash<br/>
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8% precious metals<br/>
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1% premium bonds (a UK thing, like a perpetual lottery ticket with 100% capital guarantee - for that 'random' element <E>;-)</E> )<br/>
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2.5% equities (just started and will be focus of savings going forward)<br/>
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25% private pension ...

<r>Hi!<br/>
The forum seems to have taken off well, well done, Jacob.<br/>
Bearing in mind I'm in the UK so the eBay and Amazon set-ups may be a little different, I'd just add that although Amazon 'commission' is higher you do seem to get a better class of buyer and can generally charge much higher ...