UnThreaded | Threaded | Whole Thread (54) | Ignore Thread Prev | Next
Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1491  
Subject: Re: Others with un-retirement? Your ratio? Date: 10/30/2007 3:25 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
"Now I'm starting to think about liquidating investments and spending the money. I'm not really sure on what, but seems like we really ought to reward ourselves (or something). "

It sounds like the money is burning a hole in your pocket.

Don't fritter away money on 'stuff' or 'things' until you figure out what you really want to do.

You are still 'young' and have another 30-40 years possibly.

I don't see any bonds or inflation hedges in your portfolio - TIPS or Ibonds or gold. You might be rather lopsided in diversity.

Why go out and buy a big fancy car if you aren't going to feel comfortable in it a few years later, if it really isn't you?

the more 'things' you have, the more hassles you have maintaining them ....

I could 'afford' lots of things. I just really don't want them.

Spending money because you need to 'reward yourself' is nothing put Madison Avenue hype..."you deserve it" type justification for binge spending.

t.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (54) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Value Hounds

Clorox Isn't Cleaning Up
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement