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I retired six years ago at age 62 when I realized that I was no longer 30. At age 40 I got interested in the markets & started investing as a hobby. I can't tell you all how much fun it was. I was newly single & met with friends once or twice a week to discuss the markets. There was a broker from Smith Barney,a couple who were in futures, options were discussed & the best part was that nobody tried to sell there opinion.
Now with Washington running my financial life, I have had to trade as a lifeline & it has become a job. I trade my wife's & mine joint account to add to our living expences, & use my IRA to generate dividend & growth with quality bonds that pay monthly along with
equities & closed end funds that also produce growth & an income source.
What bothers me most is that people in Washington control my life & what was a hobby is now a full time job. They take a 6-10 thousand dollar pay raise in 2010 & freeze my Social Security for 2010 & 11,& now have kids with business degrees telling me how to utilize my Medicare.
We grew up understanding that the American dream was working hard your whole life,serving your country in the military,paying your taxes & in appreciation America will help take care in our Golden Years. Guess what? It was all a LIE !
Please forgive me for ramberling but Bernie Madorff was small change when you compare him to our leaders!
Bonds, Dividend stock ideas & income, ETFs, REITs, Stocks - long, Stocks - short
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