Retirement

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CSM
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Retirement

Post by CSM » Sat Dec 28, 2019 5:40 am

Retirement will be much easier thanks to years like this in the stock market. It will be here sooner than I would like. Hopefully all have done well this year and will in the coming year.


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Re: Retirement

Post by TennesseeTuxedo » Sat Dec 28, 2019 6:48 am

CSM wrote:
Sat Dec 28, 2019 5:40 am
Retirement will be much easier thanks to years like this in the stock market. It will be here sooner than I would like. Hopefully all have done well this year and will in the coming year.
It’ll be difficult to top 2019 but I’m expecting an 8-9% return in 2020. I’m glad you had a prosperous year.
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Re: Retirement

Post by Jeanne - Simme Valley » Sat Dec 28, 2019 7:02 am

Been a good year for the market! :banana: :banana:
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Re: Retirement

Post by Redgully » Sat Dec 28, 2019 7:29 am

Would be good to have stock to start with...

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Re: Retirement

Post by hurleyjd » Sat Dec 28, 2019 7:31 am

CSM wrote:
Sat Dec 28, 2019 5:40 am
Retirement will be much easier thanks to years like this in the stock market. It will be here sooner than I would like. Hopefully all have done well this year and will in the coming year.
Do you have a decent dividend stream from your portfolio.

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Re: Retirement

Post by bird dog » Sat Dec 28, 2019 7:41 am

The presidential race will determine what happens in the second half of 2020. If Trump looks like he is going to lose, you might want to take any profits you have.

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Re: Retirement

Post by TennesseeTuxedo » Sat Dec 28, 2019 7:47 am

bird dog wrote:
Sat Dec 28, 2019 7:41 am
The presidential race will determine what happens in the second half of 2020. If Trump looks like he is going to lose, you might want to take any profits you have.
The media will make sure it will look like he’s going to lose. Don’t buy it.
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Re: Retirement

Post by Redgully » Sat Dec 28, 2019 7:53 am

Can't see him losing. Like Boris in the U.K. they all said he was going to get hammered but came out stronger than expected by everyone. Even here with Scomo, no one gave him a chance, but it's what the people want, not the noisy groups who know better than everyone else.

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Re: Retirement

Post by Dave » Sat Dec 28, 2019 8:09 am

I am glad it is working out for you. I don't have a dime in the stock market. I took several big beatings in it years ago and decided there were other things I would rather do with my money than gamble on the stock market. But I do have to say that retirement is the best job I have ever had. And we are doing very well without the stock market, thank you very much.

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Re: Retirement

Post by bird dog » Sat Dec 28, 2019 8:17 am

The media being right or wrong doesn't really matter, its what the public thinks is what will drive the market.

The best play (and what I am considering) is to take some profits in the first half and build cash. Then start buying some back in early November for the Trump reelection bump. If the plan fails, you can sell before year end and offset your early in the year gains against your losses.

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Re: Retirement

Post by TennesseeTuxedo » Sat Dec 28, 2019 8:50 am

bird dog wrote:
Sat Dec 28, 2019 8:17 am
The media being right or wrong doesn't really matter, its what the public thinks is what will drive the market.

The best play (and what I am considering) is to take some profits in the first half and build cash. Then start buying some back in early November for the Trump reelection bump. If the plan fails, you can sell before year end and offset your early in the year gains against your losses.
Good strategy.
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Re: Retirement

Post by hurleyjd » Sat Dec 28, 2019 9:01 am

Dave wrote:
Sat Dec 28, 2019 8:09 am
I am glad it is working out for you. I don't have a dime in the stock market. I took several big beatings in it years ago and decided there were other things I would rather do with my money than gamble on the stock market. But I do have to say that retirement is the best job I have ever had. And we are doing very well without the stock market, thank you very much.
Social Security, company pensions, and government pension for two people can generate a pretty hefty monthly income. I know what I and the wife have coming in from those is a little over $75,000 probable not as great as Caustic's pensions and such but we get by. If we had planned better and not started the SS benefits at 62 we would doing better.
Had to pull and edit I had if in part of my response and should have been is.

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Re: Retirement

Post by ClodHopper37869 » Sat Dec 28, 2019 9:36 am

Yep, My stock portfolio is the highest its ever been, 75 mostly young cows, 35 black white face calves, 4 bulls, 15 breed & open heifers...

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Re: Retirement

Post by cowgal604 » Sat Dec 28, 2019 12:25 pm

We saw a 20% return this year with 25% of our portfolio in the US market. Was a splendid year.

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Re: Retirement

Post by Bestoutwest » Sat Dec 28, 2019 12:27 pm

bird dog wrote:
Sat Dec 28, 2019 8:17 am
The media being right or wrong doesn't really matter, its what the public thinks is what will drive the market.

The best play (and what I am considering) is to take some profits in the first half and build cash. Then start buying some back in early November for the Trump reelection bump. If the plan fails, you can sell before year end and offset your early in the year gains against your losses.
But won't you eat it in taxes?
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