Added to my entire stock basket (32 holdings) across the board. With a little extra to NVDA, META, AMZN, GS, JPM, AVGO, and American Express (AMX?). Added to HOOD. I'll check out PLTR and a few others in extended.
Just looked on my Bloomberg. The S&P is above the level from one year ago. Is that the end of retirement? I took some major pain but will get over it. Extremely happy about the total returns over the last 10/20/25 years. Definitely could go lower, but do not panic. Don't try to catch the absolute bottom or you will miss the bounce.
yup, he called me today ask to sell some things to help offset some capital gains, so I guess it's not all bad
The only way it doesn't work is if you get scared and panic sell, especially with ETFs and funds. You gotta buy when it feels awful.
Focus and talk stonks. Richie is monitoring for any political BS. Users will be banned.
Absolutely true about getting hit early in retirement. But they should never had put themselves into that position. Ease off equities and don't be greedy. Easy to ***** after the fact when they were chasing techs.
If you are buying QQQ or another broad index then I am definitely right. Just can't tell you how long it will take to be right.
It is called sequence of return risk. It is a big risk if you are living off your assets and need to sell something to take your 4% withdrawal. This holds true with a 60/40 portfolio.
Your post makes no sense. No surprise.Makes sense then that we should use pre-Fed late 1800’s policy.
So, he combines work and play, unlike President Brandon who combined work and naps.
The post I was responded to was attempting to blame the Fed alone for the Great Depression. If you’d like to seriously discuss Fed policy, you start. I don’t simply regurgitate right wing talking points. Perhaps we should be on the gold standard? Or better yet in order to suit the Broligarchs who bought the election maybe the Bitcoin standard?
No, you simply don't understand the argument by Milton Freedman and agreed to by Ben Bernanke. If you'd like to seriously discuss how they are wrong, start a new thread on it. The floor is yours.The post I was responded to was attempting to blame the Fed alone for the Great Depression. If you’d like to seriously discuss Fed policy, you start. I don’t simply regurgitate right wing talking points. Perhaps we should be on the gold standard? Or better yet in order to suit the Broligarchs maybe the Bitcoin standard?
Cult? Is this the political content that the Mods were supposed to be on high alert for?
The basic distilled argument is that the Fed of 1930 was primitive by today’s Feds tools standards. I completely agree. Calls to limit the Feds tools are really calls for a more primitive and thus more dangerous and ineffectual Fed.
Nope, the Fed can still misguidedly raise rates and tighten money supply today. Try again.
That's why the 3 bucket approach for retirement portfolios works so well. In the chart you posted earlier, the longest bear market was 37 months. The 3 bucket system keeps one bucket in fixed income to fund withdrawals for 3 years, the second bucket has a 3-5 year growth horizon and the third bucket is for >5 years. As the short term bucket depletes, equities/cash moves from the middle bucket to the short term and equities/cash move from the long term to the middle bucket. I've been retired 5 years, withdrawing 5-6% annually on a monthly basis and my total portfolio's principal is higher than when I started.
Take your garbage to the CE board
You should be used to the name calling, after all they have no solutions. so, name calling is all they have, WELLLL outside of their violent protests.
This is my second year of retirement (kind of) but we are able to save money every month. We do not plan to take any IRA retirement distributions until we meet the RMD age.
Have you run an RMD calculator? If not, you may want to check one out. you might be surprised by the amount you have to take out and the potential tax ramifications.
So obviously you’d be cool with having a good standard again. This is Glenn Beck level discourse and I’m really not interested.
