Quote:
Originally Posted by Sieg
I'll be 54 in May, small 12.5 year mortgage, insurance and utilities are the extent of debt. Separate Retirement acct. Personal stock account of which this IRA would represent 2-3%.
Gusto, something that could put a smirk on your face annually.
Or I could just give it Blake up north eh?
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Drive to the nearest Casino -- put it all on Black....
You're in good shape... well... not physically... but you have a while longer to live...
I'd put it into a good high dividend payer... PM - MO - CHKR - NNN - T - VZ - KMP
They're all 6% and growth (well not so much on T and VZ)...
The dividend will help you compound while you're busy sleeping... and there should be enough growth over 10+ years to bag you near a triple. Then you'll be like Warren Buffet and you'll be getting paid dividends more than you're initial investment!