Retirement

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CSM

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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.
 

TennesseeTuxedo

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CSM said:
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.
 

hurleyjd

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CSM said:
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.
 

bird dog

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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.
 

Redgully

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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.
 

Dave

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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.
 

bird dog

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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.
 

TennesseeTuxedo

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bird dog said:
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.
 

hurleyjd

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Dave said:
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.
 

ClodHopper37869

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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...
 

CG1

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

Bestoutwest

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bird dog said:
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?
 

bird dog

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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.
 

1982vett

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Bestoutwest said:
bird dog said:
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:
 

Bigfoot

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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.
 

Redgully

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1982vett said:
Bestoutwest said:
bird dog said:
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!
 

jltrent

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CSM said:
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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