Quote:
Originally Posted by GregWeld
Long time periods for sure -- but here's the way I think about this stuff... I'm 58 already (damn) but I plan to live to at least 88 -- THAT IS THIRTY MORE YEARS -- and I want to have growth in capital to sustain my superior spending spree....
|
Thanks for putting so much thought into this thread, Greg. It's very timely for me. I'm 52 now and although I've contributed into my 401K for many years, I can't say that I've given alot of thought to retirement. Over the past year or so, I've realized that retirement is approaching in the next 15 years or so, and it's time to fine tune my plans.
I can't imagine not working, simply because I always have. However, I'd like for it to become an option vice a neccessity.
This thread has been cool because it's motivated me to look at my current investments a little more critically, and because it's given me the opportunity to learn something new. In the vein of learning something new, any advice on basic investing books, newsletters, or websites? I'd like to better understand how to evaluate the P/E, yield, etc of different stocks. I thought that the "beta" chat between you and Chad was interesting, but I don't understand the relevance of it in respect to the stock market.
Thanks
Bill