by BigTex » Fri 25 Aug 2006, 14:24:38
Pay off current mortgage, car notes and other debt: around $270,000 (already own RV and rural land)
Physical gold and silver: $50,000
Cash holdings spread across U.S. dollars, Canadian dollars, Euros, and Swiss Francs: $100,000 (1/4 in each currency)
MREs, freeze dried food, small solar power setup: $10,000
Spending spree money (travel, etc.): $20,000
Gifts for wife, children, relatives: $20,000
Local charities: $50,000
Remaining $480,000: Cash invested incrementally over 6-12 month time frame (depending on world events) in the following sectors:
(1) large cap energy companies: $100,000
(2) international bond mutual funds: $50,000
(3) exchange traded metals funds: $50,000
(4) exchange traded long term U.S. Bond fund: $50,000
(5) international equity mutual funds: $50,000
(6) U.S. domestic S&P 500 mutual fund: $50,000
(7) U.S. small and mid-cap index fund: $50,000
(8) U.S. defense contractor stocks: $50,000
(9) Renewable energy focused mutual fund: $30,000
These investments should generate dividend income in the neighborhood of $1,000 per month.