Retirement

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bird dog
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Re: Retirement

Post by bird dog » Sat Dec 28, 2019 2:56 pm

Selling is always the toughest part so I try not to let tax implications determine my sell strategy. Been burned to many times. If I am paying taxes, it means the investment was successful.

About half my stock type investments are in tax exempt retirement accounts. Sometimes if I find something I am interested in, I buy half in a taxable account and the other in the IRA. Makes your sell decisions a little easier.



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1982vett
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Re: Retirement

Post by 1982vett » Sat Dec 28, 2019 3:57 pm

Bestoutwest wrote:
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?
Depends on planning....taxable accounts or non taxable. Plus, capital gains may soon go through the roof if the socialist democrats get control. Taking taxable gains now may be a pretty good hedge. :2cents:
Aug 7, 2019 22:51GMT -5 the illustrious potentate said:
Because you have the freedom to say what you think, doesn't always mean that you should.

The right to speak freely is not free of consequences.

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Re: Retirement

Post by Bigfoot » Sat Dec 28, 2019 5:27 pm

Oh man, I was set to retire June 30th. Sure had been looking forward to it. I'm afraid July 1st is going to be a hard hard day.
Your not a small business owner. Your a stay at home mom trapped in a pyramid scheme.

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Re: Retirement

Post by Redgully » Sat Dec 28, 2019 5:41 pm

1982vett wrote:
Sat Dec 28, 2019 3:57 pm
Bestoutwest wrote:
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?
Depends on planning....taxable accounts or non taxable. Plus, capital gains may soon go through the roof if the socialist democrats get control. Taking taxable gains now may be a pretty good hedge. :2cents:
Capital gains is a monster. I, my parents and brother bought a property together and he took it on soley when he got married so i signed out but didn't recieve any money, just made things simple in business. Next thing i cop a $160,000 capital gains bill. I had to pull all my strings to get out if that one!

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Re: Retirement

Post by jltrent » Sat Dec 28, 2019 6:25 pm

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.
2019 has not been a good year for 4-legged stock.

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Re: Retirement

Post by Dave » Sat Dec 28, 2019 7:05 pm

jltrent wrote:
Sat Dec 28, 2019 6:25 pm
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.
2019 has not been a good year for 4-legged stock.
That depends on your perspective. I am lined up to do really really well on the calves I bought in 2019. I wish I had bought 5 times as many as I did.

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Re: Retirement

Post by jltrent » Sat Dec 28, 2019 9:01 pm

Dave wrote:
Sat Dec 28, 2019 7:05 pm
jltrent wrote:
Sat Dec 28, 2019 6:25 pm
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.
2019 has not been a good year for 4-legged stock.
That depends on your perspective. I am lined up to do really really well on the calves I bought in 2019. I wish I had bought 5 times as many as I did.
With the price at the store compared to market price is a joke. I made money, but sure could not retire on them.

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Re: Retirement

Post by FarmerShell » Sun Dec 29, 2019 7:28 pm

What kind of stocks and investments you think are good? I'm set to retire 2035... when my youngest is 18. 😁🤣 unless I break a leg than that sets me back. Jk

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Re: Retirement

Post by bird dog » Sun Dec 29, 2019 8:19 pm

Here you go Shell.

Vanguard Target Retirement 2035 Fund (VTTHX) 80% stocks 20% bonds

With long term investing, the key is to keep your expenses low. Vanguard is the best there is at that IMO.

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Re: Retirement

Post by haase » Sun Dec 29, 2019 8:27 pm

Retirement has alot more to do with other than stock markets, business in our country, low unemployment and gaining strength in the global economy affects everything thing, we just haven't seen any of this in along time, don't worry we have enough of hands out and complainers in this country to get it right back to were we were 3 years ago.👍

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Re: Retirement

Post by hurleyjd » Sun Dec 29, 2019 8:41 pm

FarmerShell wrote:
Sun Dec 29, 2019 7:28 pm
What kind of stocks and investments you think are good? I'm set to retire 2035... when my youngest is 18. 😁🤣 unless I break a leg than that sets me back. Jk
VWNEX is the fund that I like. It has done very well for me.
What if Martin Luther King jr's dream had come true.

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Re: Retirement

Post by Caustic Burno » Sun Dec 29, 2019 9:14 pm

Never invest more than your willing to loose. All investments are at risk.
I run sale-barn cattle.

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Re: Retirement

Post by hurleyjd » Mon Dec 30, 2019 10:48 am

https://www.investors.com/etfs-and-fund ... yptr=yahoo
The more money going into the hands of money managers make them take higher risks to generate a return. Caution should be used when determining what to invest in. I remember at one time it was said the you could put a cowboy hat on a chimpanzee and set him in the livestock auction when cattle prices were raising and he could just raise his hand and keep bidding an make money.
What if Martin Luther King jr's dream had come true.

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Re: Retirement

Post by cowgal604 » Mon Dec 30, 2019 11:16 am

FarmerShell wrote:
Sun Dec 29, 2019 7:28 pm
What kind of stocks and investments you think are good? I'm set to retire 2035... when my youngest is 18. 😁🤣 unless I break a leg than that sets me back. Jk
Depends where you break a leg. Line it up right and you may retire earlier.

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Re: Retirement

Post by cowgal604 » Mon Dec 30, 2019 11:17 am

Caustic Burno wrote:
Sun Dec 29, 2019 9:14 pm
Never invest more than your willing to loose. All investments are at risk.
In BC Canada the lottery corporation calls it

"No your limits and play within it"

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