Not all of the market is frothy, so small and mid caps are reasonable. Switch your large cap to Buffer ETFs like PGIM funds that provide 12 or 20 % down side protection.
r quinn : When bilionaires pay less in tax than the average man.. something is very wrong with the tax code.
Super wealthy don't get paid in W2 income like most workers.. they get pain in stock and future stock.. and NEVER pay tax on it. They just get low interest loans on the hundreds of millions in stock they own and pay the low interest instead of regular tax rates. THAT is why there is proposals to tax accumulated wealth.. only with those more than 400 million.
All brick n mortar banks are empty.. since Wells is considered too big to fail, one can become an investor instead of a customer.. consider the preferred
WFC-L.. pays 6.1% now and due to a technicality it can not be called..
Buffer ETF's should be compared to Bonds.. not the Stock market.. or more appropriately Indexed Annuities, which follow the same basic concept but with high fees and surrender charges. What is the return of Bond funds like BND over the last 10 years- DISMAL.. where a buffer etf that replaces your bond fund would have flourished with either low or NO downside risk.
This issue is most important for the DIY investor since your Financial Advisor usually guides the surviving spouse (they ought to for the thousands or tens of thousands you pay them each yr). People smarter than me (Rational Reminder) say the issue isn't income but asset allocation as you can always sell off pieces to provide income. Humanoids that have always had a paycheck want some replacement check to feel comfy, even if it provides a lower IRR like annuities or dividends. I guess I am one that can't have 100% stock and pick off some shares when I need, even though those smart people have said it ends up with a higher number.
Comments
Not all of the market is frothy, so small and mid caps are reasonable. Switch your large cap to Buffer ETFs like PGIM funds that provide 12 or 20 % down side protection.
Post: Out of Left Field
Link to comment from March 1, 2025
r quinn : When bilionaires pay less in tax than the average man.. something is very wrong with the tax code. Super wealthy don't get paid in W2 income like most workers.. they get pain in stock and future stock.. and NEVER pay tax on it. They just get low interest loans on the hundreds of millions in stock they own and pay the low interest instead of regular tax rates. THAT is why there is proposals to tax accumulated wealth.. only with those more than 400 million.
Post: Money Grows Up
Link to comment from January 18, 2025
All brick n mortar banks are empty.. since Wells is considered too big to fail, one can become an investor instead of a customer.. consider the preferred WFC-L.. pays 6.1% now and due to a technicality it can not be called..
Post: Making Me Earn It
Link to comment from November 16, 2024
Buffer ETF's should be compared to Bonds.. not the Stock market.. or more appropriately Indexed Annuities, which follow the same basic concept but with high fees and surrender charges. What is the return of Bond funds like BND over the last 10 years- DISMAL.. where a buffer etf that replaces your bond fund would have flourished with either low or NO downside risk.
Post: Don’t Place That Call
Link to comment from November 10, 2024
This issue is most important for the DIY investor since your Financial Advisor usually guides the surviving spouse (they ought to for the thousands or tens of thousands you pay them each yr). People smarter than me (Rational Reminder) say the issue isn't income but asset allocation as you can always sell off pieces to provide income. Humanoids that have always had a paycheck want some replacement check to feel comfy, even if it provides a lower IRR like annuities or dividends. I guess I am one that can't have 100% stock and pick off some shares when I need, even though those smart people have said it ends up with a higher number.
Post: How have you financially protected a surviving spouse or dependent?
Link to comment from August 10, 2024
3 month t bill is 2.44%
Post: Cash No Longer Trash
Link to comment from August 6, 2022