Talk of The Villages Florida - View Single Post - Move all investment money into fixed income?
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Old 11-23-2022, 08:34 AM
rsmurano rsmurano is offline
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How long do you hold onto your stocks/etf’s/funds? Forever until you shouldn’t.
Most of my taxable funds have been invested for many years/decades and some not as long because the economy had changed enough to hit a particular sector hard (for example, in the past oil, tech).
When you have good funds/stocks, which meet this criteria: low cost (< .2%), low risk, high return, low turnover (high turnover costs more and you pay higher taxes), high dividends (3% or higher), and the managers must have these funds in their portfolio, why sell?
We live off our dividends from our taxable accounts and we use the bucket system to live on.
For our non-taxable accounts, I day trade (day/days/week/month) during this recession/downturn, or when times are good, use the same criteria to purchase stocks/funds as my taxable accounts.
No bonds, no annuities, no mixed/balanced funds, just normal low cost/low risk/high return equities.