Search results

  1. C

    Thoughts on 5M Portfolio?

    @trevorkian Thanks. That makes me proud to be his kid. He has never done it for the money, and has always lived below his means (3 cars since 1980, wears free shirts he gets at baseball games, etc). Believe it or not, he has passed on opportunities to make a lot more money for wealthy people...
  2. C

    Thoughts on 5M Portfolio?

    @danakita2003 Absolutely. It's hard to be a part-time doctor, however. Without divulging too much, he is a specialist that is in high demand to ensure people stay alive (not to shit on plastic surgery, just not what he does). He takes care of people who truly need it, he is seasoned and skilled...
  3. C

    Thoughts on 5M Portfolio?

    @darienjames Thanks. This actually is a portfolio proposed to my parents by a new advisor working on an hourly-based fee. My dad is a doctor who loves his work and derives more meaning from it than anything else. I tell him he doesn't need to work so hard and maybe he can move to part-time. The...
  4. C

    Thoughts on 5M Portfolio?

    @xrrbx This. This actually is a portfolio proposed to my parents my a new advisor working on an hourly-based fee. My dad is a doctor who loves his work and derives more meaning from it than anything else. I tell him he doesn't need to work so hard and maybe he can move to part-time. The money he...
  5. C

    Thoughts on 5M Portfolio?

    @catz You nailed it. All he does is go to work--> read the paper --> maybe watch a show w/ mom--> go to bed. Rinse and repeat. 45 years. I've seen him at work - he is genuinely happiest. It was always the best going to work with him as a kid. He loves to talk to people and learn about them. He...
  6. C

    Thoughts on 5M Portfolio?

    73 y/o man still working (1-7 more years, depending on health), earning 250K-300K/year. 67 y/o woman, doesn't work. Expenses around 120K/year. Both now also collecting social security. 5M in cash/bonds/equity, 1.5M house. EDIT: This actually is a portfolio proposed to my parents my a new advisor...
Back
Top