A waste of time. Just read from Dalbar Study 4% of the stocks are responsible for all gains over last 100 years
Your odds are slim if you are a LT stock picker
My only question in retirement is can you afford to lose 50% of your equity allocation and maintain lifestyle and sleep at night. If that loss would affect you sell enough equities to give you peace of mind. 16 yrs retired with minimal equities and not touching principal. age 76.5
when you win the game cash in your chips
Please read a book unknown to most. Simple Wealth Inevitable Wealth by Nick Murray. I came across it on Bogleheads and it's a great fast read. He is an advisor to advisors. If you don't want his latest edition you can get the same theme with earlier editions. It just reinforces stuff most know and for the novice very worthwhile information. The new edition is purchased at his website. T he $47 is worth every penny
An AUM advisor has a direct conflict of interest with the investor in many instances. Remember 1% of 1M is 10k/yr. Find a fee based advisor with 2-4k yearly to start your investing than wing it yourself. Keep It Simple Stupid. KISS
Converted to a Roth to have a source of income for LTC if needed; all in CDS
tough to convert, pay 20-25% taxes then see a big mkt drop if its in equities??
Comments
A waste of time. Just read from Dalbar Study 4% of the stocks are responsible for all gains over last 100 years Your odds are slim if you are a LT stock picker
Post: Is Direct Indexing Useful?
Link to comment from November 12, 2026
I did conversions to have tax free income if needed for LTC
Post: Roth Conversions
Link to comment from November 12, 2026
My mantra says can you afford a 50% equity loss and maintain lifestyle? Wm Bernstein is a very smart man and a great book
Post: Does my bond strategy make sense?
Link to comment from November 12, 2026
exactly what bogle and malkiel taught us 50 years ago Anything other than stock index funds is a fools game
Post: Jonathan’s Parting Thoughts: No. 5
Link to comment from November 6, 2026
My only question in retirement is can you afford to lose 50% of your equity allocation and maintain lifestyle and sleep at night. If that loss would affect you sell enough equities to give you peace of mind. 16 yrs retired with minimal equities and not touching principal. age 76.5 when you win the game cash in your chips
Post: Doubling the Bear Market Low
Link to comment from October 23, 2026
Simple Wealth by Murray will convince many to be 100% equity in the accumulation phase
Post: FINANCIAL MISTAKES
Link to comment from October 11, 2026
Please read a book unknown to most. Simple Wealth Inevitable Wealth by Nick Murray. I came across it on Bogleheads and it's a great fast read. He is an advisor to advisors. If you don't want his latest edition you can get the same theme with earlier editions. It just reinforces stuff most know and for the novice very worthwhile information. The new edition is purchased at his website. T he $47 is worth every penny
Post: FINANCIAL MISTAKES
Link to comment from October 9, 2026
An AUM advisor has a direct conflict of interest with the investor in many instances. Remember 1% of 1M is 10k/yr. Find a fee based advisor with 2-4k yearly to start your investing than wing it yourself. Keep It Simple Stupid. KISS
Post: Financial Ruin for Beginners
Link to comment from October 7, 2026
When I hear State Farm Insurance I cringe. In Ct you will knock your head against the wall trying to collect on Homeowners claim
Post: Financial Choices
Link to comment from September 14, 2026
Converted to a Roth to have a source of income for LTC if needed; all in CDS tough to convert, pay 20-25% taxes then see a big mkt drop if its in equities??
Post: Traditional or Roth
Link to comment from September 6, 2026