AUTHOR: Kenneth Tobin on 7/17/2024 FIRST: Rick Connor on 7/17/2024 | RECENT: Rick Connor on 7/17/2024
Comments
Think at this point of my life, age 76 investing for 50 yrs, MOST would bet best suited for a good conservative fee based advisor. The vast majority of investors are just not smart enough and emotionally strong enough to withstand crashes
Buffett says be fearful when everyone is greedy and be greedy when everyone is fearful. Can you afford tools 50% of your equity portfolio and sleep at night??
I did a bunch of Roth conversions to provide income for LTC as the cost of these policies for most nowadays is prohibitive. I read that 95% of the LTC business is gone as most cannot afford the policies and those that have them are getting hit with big increases. With tax rates this low roth conversions just be part of the game plan
If you put away $$$ early in your career in to the SP500 Index Fund over 40-50 years you will have enough. Might wanna open a Trump account for kids under 18; guarantees a very healthy and wealthy retirement fund as a traditional IRA
20% in one stock is far too much risk. If your goal is to leave much to the kids you might consider lowering your stock allocation. What tax bracket would that hit if you sell. Too late for roth conversions LIGHTEN up at age 82 as the mkt is OVERVALUED according to Buffett
Comments
Think at this point of my life, age 76 investing for 50 yrs, MOST would bet best suited for a good conservative fee based advisor. The vast majority of investors are just not smart enough and emotionally strong enough to withstand crashes
Post: Wrapping It Up
Link to comment from March 29, 2026
Buffett says be fearful when everyone is greedy and be greedy when everyone is fearful. Can you afford tools 50% of your equity portfolio and sleep at night??
Post: Time to Be Fearful
Link to comment from March 29, 2026
Fisher must spend a boatload on advertisements and mailings and they keep calling me. How are they successful??
Post: Ninety Nine, I mean Eight Retirement Tips
Link to comment from March 26, 2026
I did a bunch of Roth conversions to provide income for LTC as the cost of these policies for most nowadays is prohibitive. I read that 95% of the LTC business is gone as most cannot afford the policies and those that have them are getting hit with big increases. With tax rates this low roth conversions just be part of the game plan
Post: Something to Think About
Link to comment from March 26, 2026
Pre Retirement the objective is to avoid SORR-have 5-7yrs in assets to provide all the income you will need in case the stock mkt CRASHES!!!!!!!!!
Post: The Bear Market Survival Kit (Pharmaceuticals Not Included)
Link to comment from March 24, 2026
If you put away $$$ early in your career in to the SP500 Index Fund over 40-50 years you will have enough. Might wanna open a Trump account for kids under 18; guarantees a very healthy and wealthy retirement fund as a traditional IRA
Post: Retirement in America is not a pretty picture…and not getting better.
Link to comment from March 17, 2026
if the stock mkt drops 50% will you be able to maintain your lifestyle?
Post: What, Me Worry?
Link to comment from March 15, 2026
20% in one stock is far too much risk. If your goal is to leave much to the kids you might consider lowering your stock allocation. What tax bracket would that hit if you sell. Too late for roth conversions LIGHTEN up at age 82 as the mkt is OVERVALUED according to Buffett
Post: Critique my investment strategy or lack thereof
Link to comment from February 25, 2026
Can it be converted tax free to a Roth at age 18??
Post: Trump Account
Link to comment from February 24, 2026
Trump Account contribution from govt is for babies 2026-2030
Post: Trump Account
Link to comment from February 24, 2026