I also have shares in IBM but from an ESPP. I remember buying lots of shares after the 1987 crash. Also used dividend reinvestment to get more. From time to time I sold off most of my shares, providing a good seed for our taxable brokerage account (invested in index funds) which we're using today to fund my wife's mega backdoor Roth and pay taxes on Roth conversions. Our only individual stock holdings today are IBM and its spinoff, Kyndryl, and my wife's company stock obtained through RSUs. IBM stock languished for quite a while, but I continued to hold some shares since the dividend was good. I'm kind of afraid to sell since my number for cost basis differs from Vanguard's. Maybe I will hold onto IBM & KD and let my heirs get the step-up in basis.
Comments
I thawed my credit with my phone at the one reporting agency used by the dealer when signing the papers.
Post: Buying a car in retirement
Link to comment from July 17, 2026
Yes, I'll be using the 530A name. It's bad enough my closest airport was renamed for Trump and Florida having to pay to change the signs.
Post: Trump Accounts
Link to comment from July 11, 2026
How about renting near your family until your house sells.
Post: Thinking of a possible reason to tap Roth earlier then planned
Link to comment from July 8, 2026
Not bad over the past year--VXF has beaten VTI over that period. But over the past 3, 5 & 10 years, VTI has prevailed.
Post: What’s in your portfolio ?
Link to comment from July 4, 2026
I'm slightly de-weighting the Mag 7 by investing in VXF, which is VTI without the S&P 500.
Post: What’s in your portfolio ?
Link to comment from July 3, 2026
What's his name? I'll look him up on Spotify.
Post: Retirement, One Year On
Link to comment from July 3, 2026
I also have shares in IBM but from an ESPP. I remember buying lots of shares after the 1987 crash. Also used dividend reinvestment to get more. From time to time I sold off most of my shares, providing a good seed for our taxable brokerage account (invested in index funds) which we're using today to fund my wife's mega backdoor Roth and pay taxes on Roth conversions. Our only individual stock holdings today are IBM and its spinoff, Kyndryl, and my wife's company stock obtained through RSUs. IBM stock languished for quite a while, but I continued to hold some shares since the dividend was good. I'm kind of afraid to sell since my number for cost basis differs from Vanguard's. Maybe I will hold onto IBM & KD and let my heirs get the step-up in basis.
Post: Independence Day
Link to comment from June 29, 2026
I rebalance among asset classes, not individual stocks.
Post: When to Leave Your Portfolio Alone
Link to comment from June 28, 2026
I rebalance to the target; otherwise you can find yourself out of balance too often if the position drifts slightly away from target again.
Post: When to Leave Your Portfolio Alone
Link to comment from June 28, 2026
We have the opposite problem here in Florida, three weeks a year when we don't use the AC.
Post: The Price of a Cool Pillow
Link to comment from June 25, 2026