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I just wanted to remind myself

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April 04, 2008 – Comments (3)

Who am I kidding? I wanted to remind you, too, because I am vain. This is part of what I wrote in my first blog post:

I am investing not to get rich quickly, nor am I concerned with momentum. I want to retire with a modest lifestyle, and write full time, and do whatever else interests me. I don't want a BMW, I don't want an enormous house, and I certainly don't want a huge account I can gaze upon with greedy pride. I just want back the time I would otherwise have to spend working. That's all. I intend to use investing to keep as much of that time as possible, but I'm not going to spoil it by rushing through things or worrying about paper losses in a day or a month, or even a year. I'm just going to keep evaluating 20-30 stocks on the basis of div yield, payout ratio, debt, PEG, and a mushy consideration of how I feel about their respective fields... as well as comments in articles, on CAPS, and other sources.

It's good for me to remind myself of my goals, my methodology, and what a wonderful writer I am.

3 Comments – Post Your Own

#1) On April 04, 2008 at 12:04 PM, madcowmonkey (< 20) wrote:

" I just want back the time I would otherwise have to spend working."

I like this line. It says so much about a person.

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#2) On April 04, 2008 at 2:06 PM, TDRH (99.67) wrote:

I like your dream, but I would prefer to be sitting on a beach sipping mai-tais, living off dividends and interest and keeping a small portion liquid from daytrading wirelessly from my lounge chair.  

My hope for you is that you live a long and happily married life.   Otherwise you will have to build two comfortable fortunes.  

 

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#3) On April 04, 2008 at 7:43 PM, FleaBagger (28.89) wrote:

TDRH -

Who told you that I couldn't be happily single all my life? But you are right: I will get married at some point, God willing, and I hope that my wife and I will be very happy together. Thanks for the well-wishes.

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