investing/trading...ive had a gut full., page-25

val, it depends when you want to retire! $2m at thirty won't be enough. It won't earn 5% for ever, and will be whittled away by inflation.

I "retired" eight years ago with $700k. Now over the $2m mark, but the youngest is eleven, and there are two others yet to finish high school and go through university, so I need to keep growing that capital. We only have capital. No income. More tax effective.

First mortgages at 10%? Oh yes, of course, property never goes down.

Stay nimble.

Never used a stop loss either.