John, for taking the time to write such a comprehensive reply. In response to your post.
1. One of my main goals is to retire at or around 55. At that time, my current job would pay me 70% of my salary at the time...I also have my 401k and IRA to supplement that to (hopefully) pretty close to 100% of that salary.
Like I said, I just turned 39. I guess this is the reason I say that I have a fairly decent tolerance to risk...Like I said, I have great job security.
2. I guess I understand what you are saying when you say "investing based on personal time and interest can be a disaster"...and "your best investments might be out of state"...actually I "get" everything you wrote in your post...
But in reference to out of state investments, doesn't distance create management issues??? Not to mention the fact that I am unfamiliar with EVERYWHERE outside my own personal bubble here in Marin?
So I guess I am falling into the "where do I start" category...
One thing I might mention is that I have been in discussion with my girlfriend about moving in with her, which would leave my house vacant for rent or sale... I think I'd rather not sell in this market, and rent should be able to cover my mortgage at this current rate, but again, my 5yr fixed comes to term in about 15 months...
Thanks for listening.
bob
