VRX had a good pop and I sold it. A bit too early but satisfied with the earning. Did not buy and NXI, it is dropping slowly. It is highly recommend by the fool.com, I should look into it. My paypal stock is not doing well, bought at 39 and it is floating around 36-37. Will have to wait for a longer term.
ASHR is the one I am watching closely, if Chinese economy is slowing down, but still grow at 6%, the stock should have 10--12% up side per year, especially the Chinese Yuan will be considered as international currency soon and the Chinese stock will be also part of international stock market. There is a clear upside. I am just waiting for an event or a big drop to enter it.
Financially, things are fine. There is enough money for kids' education and retirements. So the question is what else should I spend money on? Should I become very conservative in my investments since even I get another mil, my quality of life won't be different much.
So how much to get for basic, comfortable in come, I define it as twice the average. My basic idea:
$24K is poverty limit, three times that is middle class, $72K, three time of that is affluent, $216K. While I am glad I am lucky enough to surpass that, more is becoming less meaningful. I am sure I will be as happy earning $120K as earning $400K. So how to get $10K per month? My conservative calculation of monthly income at 60.
$3,000 - $4500 from pension
$3,000 - $4500 from vacation rental
$5,000 - $6000 from other rental properties
$2,000 - $3000 from SS
$1,000 - $2000 from IRA dividend
$14K-$20K / month
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That's about $160K-$240K per year. It is enough. What else do I need? lavish vacation? expensive cars? art collection? Probably not.
Maybe personal assistant will help?
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