Talk of The Villages Florida - View Single Post - Anyone else preparing for a big selloff?
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Old 11-26-2024, 11:07 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Caymus View Post
Just curious, but at your age why are you still so heavily invested in equities? If I make it to your age, I would probably be 60 to 70% cash/equivalents. Maybe I would trade a little "for entertainment".
If you have been a buy and hold investor for the past 45 years, selling your stocks now will cost a huge amount in capital gains taxes. And, for about 10 years, cash paid almost nothing in interest.