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Message: <blockquote data-quote="T. MIKE SMITH" data-source="post: 4286895" data-attributes="member: 44552"><p>All I know is my folks jamming that depression era down our throats my whole life may have helped- I turned 69 yesterday and we still have a house payment because the interest rate is 2.75% - I have a car payment cause the interest rate on that is 3.5%- my investments are averaging about 12%. I'm just a dumb ole butcher who was able to get another job with a drug co after Humpy Dumpty shut down. I worked for this drug co for 20 years and made ok money. Tried to invest and save my whole life. At age 50 me and the drug co parted ways- I cashed in my company stock and paid off the house I had just built on my family land. I went back into real estate after a 20-year absence in 2005. All I had was utilities and groceries but my then wife got all nervous that we would wind up with nothing, so she divorced me and I had to give her the house. After It all settled out and got my crap together, the rest of my 401K was at Fidelity from my drug co days. They just made it where you could go on-line and move the funds around you were invested in. No research, I just looked for funds paying 15-20% and moved everything into those. I doubled it in less than 2 years. I got nervous and decided to go to a investment friend of mine and get it invested in a more stable way. I have had good results and now draw SS and Grocery worker retirement. We had a little country place that I kept the minerals on and that has paid about 30k the last 10 years. My wife had a fairly good job so her SS is pretty good. I still do BPO work which is like a mini appraisal and sell a house here and there. I still buy cheap looking for sales and good buys on everything. We do ok, but we don't poop much off.</p></blockquote><p></p>

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