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.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.
bird dog said: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.
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.
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.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.
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.
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: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?
1982vett said: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: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?
2019 has not been a good year for 4-legged stock.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.