Investment Thread

[Jeffrey]

I can appreciate your sense of humour. 🤣

That’s because your elbow pain wasn’t caused by tennis.

[Jeffrey]

I think I'll read that myself. I take the advice of others on my portfolio - I really don't have much of an interest in studying/analyzing individual stocks and mutual funds. I was fortunate enough to go to work for a small business in my 20s where the owner wanted to be able to retire - she started us with a SEP. Once the number of employees reached a certain point, she went with a Simple and I did the max contribution. I tried to talk one of my co-workers into giving up 3% of her gross so she would get the match - immediate 100% return on her investment. Couldn't get her to do it - boss tried as well.

I've been lucky enough to get involved with some good advisors - one convinced me to get long term care insurance when they still had the 10 year pay plan - paid through the nose for it but am done paying and have decent coverage with a respectable company.

I think you would appreciate the book. It’s about keeping it simple, with index funds, and using time to your advantage.

I think the co-worker, you mentioned, really needs the book. They probably would not appreciate my recommended delivery method.

[Tripping William]

That’s because your elbow pain wasn’t caused by tennis.

Hey! I resemble that remark!!

[Jeffrey]

Hey! I resemble that remark!!

It’s nice to see you guys venturing to other threads today.

[Bob Green]

...(re-balancing occasionally and adjusting as you get older and/or your life circumstances change)...

This is exactly what I am looking to do. Seeing as retirement is a few years away (four or five), I am looking to decide when to move my TSP into the safe G Fund.

[Tripping William]

It’s nice to see you guys venturing to other threads today.

FTR: I lurk this thread any time I see that a new post has been made. But it is less-active than some others which shall remain nameless . . . .

[duke79]

This is exactly what I am looking to do. Seeing as retirement is a few years away (four or five), I am looking to decide when to move my TSP into the safe G Fund.

I understand but as Jeffrey points out above, at age 61, you may have a lifespan of 30 years or more to plan for (even if you retire within 4 to 5 years). Unless you have a huge sum saved already, you probably want your money to grow over time to account for inflation and rising living costs. My educated guess is that, over the 30-year period, you will do better being more heavily invested in equities (mutual funds or ETF's), as long as you can handle the volatility inherent in a more aggressive portfolio. Admittedly, this is no 100% guarantee and you should be flexible, depending on what happens in the world. But and given ultra low interest rates on most investment-grade fixed income investments, I think stocks are the only game in town.

[Jeffrey]

FTR: I lurk this thread any time I see that a new post has been made.

That’s prudent. Even though you’re an industry expert, you shouldn’t have 100% of your money invested in barley futures.

[Tripping William]

That’s prudent. Even though you’re an industry expert, you shouldn’t have 100% of your money invested in barley futures.

I diversify. With hops futures.

[fuse]

It’s nice to see you guys venturing to other threads today.

Hard to know where one is welcome.
None of us are a one trick pony (keg). 🙄😳🤣

[Jeffrey]

I diversify. With hops futures.

That’s very wise. Invest in what you know best!

[Tripping William]

That’s very wise. Invest in what you know best!

Hard to invest in bogeys.

[Jeffrey]

Hard to know where one is welcome.
None of us are a one trick pony (keg). 🙄😳🤣

Well, if I have a vote, then you’re definitely welcome here! BYOB!

[Jeffrey]

Hard to invest in bogeys.

Invest in Titleist, your balls don’t last as many rounds.

[Tripping William]

Invest in Callaway, your balls don’t last as many rounds.

FIFY. I usually play the black-and-yellow soccer-ball pattern to reduce the loss rate. Unsuccessfully, I might add.

[Jeffrey]

FIFY. I usually play the black-and-yellow soccer-ball pattern to reduce the loss rate. Unsuccessfully, I might add.

In that case, tomorrow morning, we should both go long Callaway, and, tomorrow afternoon, you should open a golf school with free membership.

[Bob Green]

I understand but as Jeffrey points out above, at age 61, you may have a lifespan of 30 years or more to plan for (even if you retire within 4 to 5 years). Unless you have a huge sum saved already, you probably want your money to grow over time to account for inflation and rising living costs. My educated guess is that, over the 30-year period, you will do better being more heavily invested in equities (mutual funds or ETF's), as long as you can handle the volatility inherent in a more aggressive portfolio. Admittedly, this is no 100% guarantee and you should be flexible, depending on what happens in the world. But and given ultra low interest rates on most investment-grade fixed income investments, I think stocks are the only game in town.

Thank you. I appreciate your perspective.

[devildeac]

It’s nice to see you guys venturing to other threads today.

Field trips.

Seriously, I enjoy reading this thread and learn from it each time I read.

[devildeac]

That’s prudent. Even though you’re an industry expert, you shouldn’t have 100% of your money invested in barley futures.

Must. Resist.

Can't, so take my comment with a grain of sea salt; the kind of investing you mention to TW tends to be one of diminishing returns.

[devildeac]

Hard to know where one is welcome.
None of us are a one trick pony (keg). 🙄😳🤣

This is "your" thread so this is one thread in which you should always be welcome. Plus, I believe I'm able to name one other...