I think we need to wait and see if AI reduces jobs as predicted. Not too long ago it was predicted that the internet would put realtors, travel agents, retail, education, and bricks and mortar retail and the music industry out of business. It made changes in these industries, but created opportunities as well.
For some reason the commercials for gold and silver seem like the ads for life insurance. I stay away from them and stick with stocks, bonds and cash. That has worked out extremely well over the long term.
I was in this industry for a long time, and I saw clients get out when the market was down, and get back in when they felt comfortable, which usually meant after the market had rallied for a while. So, they got out low, and in high. The market cannot be timed. Set a comfortable asset allocation and ride it out
I vote down if i disagree without regards of their sex. Most of the time I don’t even look at the name of the person posting. My responses are based simply on whether I agree or not. They are not putting that other person down, just expressing a difference of opinion. No right or wrong
At age 81 it would be best to hold on and pass to wife with stepped up basis. It would have to go down very much for this type of loss, and it will come back if that happens. Also, the ‘consensus’ of a recession is a good reason to stay put. These experts are usually wrong.
Comments
A first step could be to increase FICA for all income, instead of stopping it at certain income levels.
Post: Talking Trillions by Jonathan Clements
Link to comment from June 14, 2025
I think we need to wait and see if AI reduces jobs as predicted. Not too long ago it was predicted that the internet would put realtors, travel agents, retail, education, and bricks and mortar retail and the music industry out of business. It made changes in these industries, but created opportunities as well.
Post: Talking Trillions by Jonathan Clements
Link to comment from June 14, 2025
No, but immigrants do
Post: Talking Trillions by Jonathan Clements
Link to comment from June 14, 2025
For some reason the commercials for gold and silver seem like the ads for life insurance. I stay away from them and stick with stocks, bonds and cash. That has worked out extremely well over the long term.
Post: What About Gold?
Link to comment from June 7, 2025
I was in this industry for a long time, and I saw clients get out when the market was down, and get back in when they felt comfortable, which usually meant after the market had rallied for a while. So, they got out low, and in high. The market cannot be timed. Set a comfortable asset allocation and ride it out
Post: Getting Back into the Market Now
Link to comment from May 24, 2025
I vote down if i disagree without regards of their sex. Most of the time I don’t even look at the name of the person posting. My responses are based simply on whether I agree or not. They are not putting that other person down, just expressing a difference of opinion. No right or wrong
Post: Getting Back into the Market Now
Link to comment from May 24, 2025
Just curious. How do you know someone is a woman if they don’t have their name listed? In this case, mytimetotravel could be male or female.
Post: Getting Back into the Market Now
Link to comment from May 24, 2025
Nope. No changes. Set up portfolio with the asset allocation I want, and let it ride
Post: Ch-Ch-Changes?
Link to comment from May 10, 2025
Just curious. Can’t you pay your MRD taxes from the money you take out?
Post: Ch-Ch-Changes?
Link to comment from May 10, 2025
At age 81 it would be best to hold on and pass to wife with stepped up basis. It would have to go down very much for this type of loss, and it will come back if that happens. Also, the ‘consensus’ of a recession is a good reason to stay put. These experts are usually wrong.
Post: Financial Advisor – NEVER AGAIN
Link to comment from May 10, 2025