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How Long Will Your $1 Million Last in Retirement?

  • #141
  • Apr 22, 2022 1:43am Apr 22, 2022 1:43am
Quoting ScalaFX
{quote} Im gone long like I said yesterday, SL 1.2995 TP 1.3120
2nd buy
People don't plan to lose. They lose because they don't plan.
  • #142
  • Apr 22, 2022 2:06am Apr 22, 2022 2:06am
GJ H1
Buy set up around 165 - 165.40
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  • #143
  • Apr 22, 2022 2:23am Apr 22, 2022 2:23am
Quoting ScalaFX
{quote} 2nd buy
3rd, I hope 292x stop this massive flush and recover quick
People don't plan to lose. They lose because they don't plan.
  • #144
  • Apr 22, 2022 2:27am Apr 22, 2022 2:27am

  1. https://assets.faireconomy.media/nfs...r1120541_1.gif ScalaFX

I hope you stop posting about your positions!

  • #145
  • Apr 22, 2022 5:53am Apr 22, 2022 5:53am
GU W1
feel the support
may is arrived
I am in buy GJ 165.55
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  • #146
  • Apr 22, 2022 6:21am Apr 22, 2022 6:21am
Quoting makl
{image} ScalaFX I hope you stop posting about your positions!
I dont know what you recomend that? I making something wrong ? When you wont see this simply click ignore button and dont cry anymore
People don't plan to lose. They lose because they don't plan.
  • #147
  • Apr 22, 2022 7:19am Apr 22, 2022 7:19am
Quoting 19monza64
GU W1 feel the support may is arrived I am in buy GJ 165.55 {image}
GJ M5
add buy
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  • #148
  • Apr 22, 2022 7:26am Apr 22, 2022 7:26am
Quoting Pat Chiko
{quote} CAD JPY One position closing - target reached. Second position carried forward with Positive Stop. {image}
CAD JPY

Missed an opportunity to add position during the day.

Was planning to add those during London....

Still holding last position and closing it before the weekend with Positive Stop in place

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #149
  • Apr 22, 2022 7:38am Apr 22, 2022 7:38am
Quoting Pat Chiko
{quote} CAD JPY Missed an opportunity to add position during the day. Was planning to add those during London.... Still holding last position and closing it before the weekend with Positive Stop in place {image}
Yes . S/R + DBD
Hey PAT NO GBP to day?
  • #150
  • Apr 22, 2022 7:38am Apr 22, 2022 7:38am
Quoting Pat Chiko
{image} The truth is, $1 million really doesn't go as far as you might think these days. If you're counting on $1 million to get you through your retirement. Then how long it will last ( before death come to claim you)
"IF" you paid cash with that million and bought yourself a descent "8 plex" rental unit, you could retire comfortably off the rental income.
  • #151
  • Apr 22, 2022 9:02am Apr 22, 2022 9:02am
Quoting 19monza64
{quote} Yes . S/R + DBD Hey PAT NO GBP to day?
In position (monthly scalping) in GBP JPY.

Holding it and may add position .

Chart later.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #152
  • Apr 22, 2022 9:05am Apr 22, 2022 9:05am
Quoting Patso
{quote} "IF" you paid cash with that million and bought yourself a descent "8 plex" rental unit, you could retire comfortably off the rental income.
That's very nice idea on the concept of divest-invest as an essential strategy to ensure a livable future & protect retirement fund beneficiaries.

Secured and guaranteed return exceeded inflation rate.


I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #153
  • Apr 22, 2022 9:09am Apr 22, 2022 9:09am
Quoting Pat Chiko
{quote} In position (monthly scalping) in GBP JPY. Holding it and may add position . Chart later.
(monthly scalping)

I expect everything from you, but monthly scalping exceeds all limits !!!. I am very curious to see it.
  • #154
  • Apr 22, 2022 10:14am Apr 22, 2022 10:14am
Quoting 19monza64
{quote} (monthly scalping) I expect everything from you, but monthly scalping exceeds all limits !!!. I am very curious to see it.

GJ

Something like this.........

Monthly scalping
Add position

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #155
  • Apr 22, 2022 11:07am Apr 22, 2022 11:07am
Quoting Pat Chiko
{quote} GJ Something like this......... Monthly scalping Add position {image}
Great patience ... I really like the second entry.
Unfortunately this morning I had a bit of FOMO and I entered too early.
But I put the stop loss right under your entry and it didn't take it.
Today is friday and I think that it will range. Let it open for the next week.
Bye good w.e.
  • #156
  • Apr 24, 2022 4:23am Apr 24, 2022 4:23am
When you get an opportunity to meet a very wealthy person, never ask for money.

Ask for ideas on how to make money.

They may even choose to give you money on their own after seeing that your ideas are great, but let getting money from them never be your objective.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #157
  • Apr 24, 2022 8:08am Apr 24, 2022 8:08am
Quoting Pat Chiko
When you get an opportunity to meet a very wealthy person, never ask for money. Ask for ideas on how to make money. They may even choose to give you money on their own after seeing that your ideas are great, but let getting money from them never be your objective.

I would like to know your opinion about something, also anyone can share his opinion. I would appreciate it:

I am from Egypt, our currency is Egyptian pound and it us losing it's value everyday against the dollar. my brother is asking me to buy a property, I think better to keep the money in foreign currency because our currency losing value and if I will buy a property in the future I will sell it and get the money in Egyptian pound.

the point is keeping the money in foreign currency to make profit is good idea or not? or to buy a property?? I am afraid to buy a property and in the future again the Egyptian pound decrease in value.

please share your thoughts.
  • #158
  • Apr 24, 2022 9:02am Apr 24, 2022 9:02am
Quoting makl
{quote} I would like to know your opinion about something, also anyone can share his opinion. I would appreciate it: I am from Egypt, our currency is Egyptian pound and it us losing it's value everyday against the dollar. my brother is asking me to buy a property, I think better to keep the money in foreign currency because our currency losing value and if I will buy a property in the future I will sell it and get the money in Egyptian pound. the point is keeping the money in foreign currency to make profit is good idea or not? or to buy a property??...
Financial advice. ( personal not professional)

As we are under the threat of a looming inflation you can do one or two things to maintain the value of your assets.

Invest in landed property, buy foreign currency or buy Gold.

Don't leave your cash in the bank.
I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #159
  • Apr 25, 2022 12:09am Apr 25, 2022 12:09am
Quoting Pat Chiko
{quote} Financial advice. ( personal not professional) As we are under the threat of a looming inflation you can do one or two things to maintain the value of your assets. Invest in landed property, buy foreign currency or buy Gold. Don't leave your cash in the bank.
Thank you boss for sharing your advice
  • #160
  • Apr 25, 2022 3:05am Apr 25, 2022 3:05am
Really depends on your lifestyle. The FIRE (financial independence, retire early) guys would aim for about 1M, then live off dividends and bond yields. 1M is getting much smaller nowadays though.

I think the point is to create a bot or generate enough passive income where you make money with a minimum amount of maintenance. Then it's not a matter of 'how long will my 1M savings last', but rather 'how do my assets generate passive income'
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