How are your investments doing?

[Fuddyduddy1952]

A couple years later this is all I thought & dreamed about...

 

[ultrarunner]

No cars in your thoughts?

 

[Fuddyduddy1952]

12...14...16...(roughly)
Bikes...girls...cars

 

[Richard]

Then say the stock gets up to 140 and I have a sell stop at 120 and the market crashes and it hits my sell stop at 120. The tool sells all my stuff automatically and I have a profit of $20 and all I had to do is move sell stops.

Sooooooooo, what happens if you have your $140 stock..... either over night or over a weekend, bad news comes out and the next opening there is an order imbalance.... and it opens at $90? Even stop losses have risks. If you used a market stop, you got taken out at $90 and what happens if the stock bounces up and closes at $110... What if instead, you had a stop loss limit in at say, $120.... stock opens at $90. You aren't taken out because of the limit....and the stock proceeds to drop to $70.

Do you use market stops? Limit Stops?

Those are wild, made up numbers but I've seen stuff like that happen.

If you do actuary stuff then you are likely good with numbers.


Regarding bonds in retirement..... maybe some. What if instead, someone has a Roth account.... what if those assets are dropped into dividend paying stocks, REITS, Utilities, Corp Bonds.... things that create cash flow. This cash flow is now tax free with the ability to sell covered calls against (stock) positions (for more tax free cash flow), market gains (and losses because we all know, the market WILL and IS going to go down at some point in time, it's part of its DNA)

What if someone has a taxable portfolio? Now, bonds might have my interest. (though might take a sizable amount of funds) Put cash into (whatever state you live in) Municipal Bonds. Stagger them so the bonds (which pay semi-annual) can pay monthly. Now, you can have a portfolio of bonds, no risks of stocks (nor any growth from them) but the income is now tax free and potentially monthly.

(above are all my thoughts/opinions, not advice)

 

[CloverKnollFarms]

Yeah, I bought my son a car... He decided he wanted a Mustang, so he spent his money to buy it... So he is still capable of succumbing to wants.

 

[California]

My only issue with Vanguard is it is a employer provided account. So there are limits on what it provides and how it provides it. I believe a lot of employer provided accounts have similar restrictions.

So true. In the early days of 457 (non profit and government IRA) we were allowed only one change per month. I phoned and asked what was the cutoff for this months change. Was told this afternoon. So I drove to the HR office and submitted my change.

Refused. The clerk was already inputting the stack of monthly changes. "We'll input it a month from now with the next batch." I made a big fuss - 'Let me speak to your manager' who turned out to be who told me cutoff was this afternoon. So my changes got slipped into the this month batch.

 

[Larry Caldwell]

I hope nobody is holding GM stock.

 

[DarkBlack]

I hope nobody is holding GM stock.

I’m not patient enough to sit thru her 1/2 hour monologue. Can you summarize the main point?

 

[steve tym]

I had some old GM stock, before they went bankrupt, it just vanished.

 

[Larry Caldwell]

I’m not patient enough to sit thru her 1/2 hour monologue. Can you summarize the main point?

Essentially, Canada just boinked an unruly pig on the nose. GM just lost 15% retail against every competitor in the country and Canada wants their billions in plant investment back. It's a great time to buy a Chevvy, because Canadians don't want them. Inventory costs are already eating GM alive, plus losing a huge market.

Canadians are developing some reasonable regulations for late stage capitalism. This one is a wakeup call for all international markets. The Canadian tariff law is a landmark in international trade regulation that will doubtless be copied my numerous nations around the world.