Retirement
- Thread starter CSM
- Start date
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CSM said:
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.
Jeanne - Simme Valley
Well-known member
Been a good year for the market! :banana: :banana:
Redgully
Well-known member
Would be good to have stock to start with...
hurleyjd
Well-known member
Do you have a decent dividend stream from your portfolio.CSM said:
bird dog
Well-known member
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 will make sure it will look like he's going to lose. Don't buy it.
Redgully
Well-known member
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
Well-known member
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
Well-known member
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.
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.
bird dog said:
Good strategy.
hurleyjd
Well-known member
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:
Had to pull and edit I had if in part of my response and should have been is.
ClodHopper37869
Well-known member
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...
Bestoutwest
Well-known member
bird dog said:
But won't you eat it in taxes?
bird dog
Well-known member
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.
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
Well-known member
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:
Redgully
Well-known member
1982vett said:
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!
