5 houses in - carry on or slowly retire ?

[courtg9000]

If it’s real life I really wouldn’t - I know more people who have gone into the hotel/b&b business and it ended up disastrously wrong than for whom it’s actually worked out for

This does happen quite a bit but its usually down to misreading markets and getting the pricing wrong.
Poor occupancy usually starts and ends with poor pricing on these.
Second to this is location
Third is p*** poor general business management.

[eek]

I'd seriously consider trading them in for a hotel

If it’s real life I really wouldn’t - I know more people who have gone into the hotel/b&b business and it ended up disastrously wrong than for whom it’s actually worked out for

[oliverson]

Where do you put a stop to this ? Just finished buying another house and my greedy nature is already thinking of next. My girlfriend wants me to stop and retire on Tenerife with small but healthy income in comparison to contracting.

on one hand I think I have developed solid investment strategy with loads of millions capacity. At a cost staying in this crap weather

on the other a place in the sun now…

I know it’s free advice but I’m interested what are your views on this ?

I'd seriously consider trading them in for a hotel

[PCTNN]

I’ve breached my life goal a while back but simply shrugged it off and set the bar higher … there’s always bigger yacht.

Give it all away to charity and challenge yourself to build it all up again. Provided to you're up for the task and man enough to do it.

[SussexSeagull]

If I didn’t need the money or my mortgage was paid off - which is a couple of years off - I would either retire or find a permanent local job.

Rumours of the imminent demise of contesting have been greatly exaggerated in the 15 years I have been doing it but there is bigger gaps between contracts, if you can find an Outside one clients still want to treat you like a permanent employee and the financial premium is not what it was.

[TheGreenBastard]

But moaning about “I didn’t save for retirement after contracting for 30 years, what do?” is ok ?

This is a UK forum so you must participate in: https://en.wikipedia.org/wiki/Crab_mentality

Winning/winners aren't celebrated here, perhaps try a US forum.

[NotAllThere]

I know it’s free advice but I’m interested what are your views on this ?

Erm... you're a trolling prat?

[malvolio]

Better question is how to stop yourself endlessly chasing money. I’ve breached my life goal a while back but simply shrugged it off and set the bar higher … there’s always bigger yacht.
Therapy it is I guess

Perhaps this might help clarify matters...

[GitMaster69]

Yes. That thread is someone struggling in the current market, it invokes professional responses and discussion.

'My partner thinks a second yacht is a waste, how outrageous are they! Should I trade her in for a better model?!?!?!' does not. If you phrased the topic better, ie how much needed to retire, it would probably fit in.

Better question is how to stop yourself endlessly chasing money. I’ve breached my life goal a while back but simply shrugged it off and set the bar higher … there’s always bigger yacht.
Therapy it is I guess

[JustKeepSwimming]

But moaning about “I didn’t save for retirement after contracting for 30 years, what do?” is ok ?

Yes. That thread is someone struggling in the current market, it invokes professional responses and discussion.

'My partner thinks a second yacht is a waste, how outrageous are they! Should I trade her in for a better model?!?!?!' does not. If you phrased the topic better, ie how much needed to retire, it would probably fit in.

[courtg9000]

A few more wouldn't hurt.
Lots of "stock" due in the new year!

[GitMaster69]

But moaning about “I didn’t save for retirement after contracting for 30 years, what do?” is ok ?

[northernladuk]

My advice is to post your made up willy waving stories in general rather than in prof where it's considered trolling.

[GitMaster69]

Where do you put a stop to this ? Just finished buying another house and my greedy nature is already thinking of next. My girlfriend wants me to stop and retire on Tenerife with small but healthy income in comparison to contracting.

on one hand I think I have developed solid investment strategy with loads of millions capacity. At a cost staying in this crap weather

on the other a place in the sun now…

I know it’s free advice but I’m interested what are your views on this ?