[Rainger99]

Originally Posted by Caymus

The Dow isn't broad-based enough to be a meaningful indicator.

The most widely followed indexes in the U.S. are the Standard & Poor's 500, the Dow Jones Industrial Average, and the Nasdaq Composite. The S&P 500 tracks the 500 largest companies by market cap in the U.S. The Dow Jones Industrial Average tracks 30 of the most prominent companies in the U.S.

The Nasdaq was 19,107 on November 14, 2024. Today it is at 20,273.

[Koapaka]

Took that position almost a year ago to the day....better a year early than a day late.

[rsmurano]

I moved all my money to money market funds in late 2021 and again late 2024 making over 5.25% during the following 3 years. I still have a lot of money in money markets today (7/2025) making almost 4%. All this is a safety net to have enough if the market crashed to nothing. But during these last 3.5 years, I’ve made my other investments pay off big, making 100’s % gains on the big 1’s, many in the 40-80% gains, even my index funds were in the high 35-40% gains. This is still happening today. Since the 1st week of April this year, the market has been on steroids.

[manaboutown]

Perhaps I should have titled this thread "How high can it go?"

The NVDA I bought on a lark mid 2022 is now priced at 10 times what I paid for it. Admittedly, it was just dumb luck as I knew little about it. A long time very successful IT stock investor friend had bought it years ago and it had kept going up so I thought oh what the heck.

Yet, I remember the dot com bust and am still keeping a stockpile of cash so I can continue to pass my sleep at night test.

[Caymus]

Originally Posted by manaboutown

Perhaps I should have titled this thread "How high can it go?"

The NVDA I bought on a lark mid 2022 is now priced at 10 times what I paid for it. Admittedly, it was just dumb luck as I knew little about it. A long time very successful IT stock investor friend had bought it years ago and it had kept going up so I thought oh what the heck.

Yet, I remember the dot com bust and am still keeping a stockpile of cash so I can continue to pass my sleep at night test.

Who knows? But eventually a competitor will develop a better product.

[Sabella]

Originally Posted by Janie123

Not if you are talking about IRAs and 401k’s but yes if regular investment accounts. Another reason I use to continue to move IRAs to Roths… no RMDs moved to an investment account so I would be able to move in and out of cash with no tax penalty. Currently my investment account is my cash world… mostly CDs and somewhat protected structured notes..

I need to consult with an expert regarding required minimum distributions, and tax consequences and options. If anyone can recommend someone they’ve had personal experience with regarding this issue, it would be greatly appreciated. Thank you.

[Boomer]

Originally Posted by manaboutown

Perhaps I should have titled this thread "How high can it go?"
- - - -
- - - -
Yet, I remember the dot com bust and am still keeping a stockpile of cash so I can continue to pass my sleep at night test.

Originally Posted by Caymus

Who knows? But eventually a competitor will develop a better product.

manaboutown and Caymus,

My thoughts exactly.

Boomer

[Stu from NYC]

Originally Posted by Sabella

I need to consult with an expert regarding required minimum distributions, and tax consequences and options. If anyone can recommend someone they’ve had personal experience with regarding this issue, it would be greatly appreciated. Thank you.

Do you have these funds with a mutual fund family? If so reach out to them.

[manaboutown]

Originally Posted by Sabella

I need to consult with an expert regarding required minimum distributions, and tax consequences and options. If anyone can recommend someone they’ve had personal experience with regarding this issue, it would be greatly appreciated. Thank you.

You also may want to start a new thread asking this question in its title. You will likely get some helpful responses.

[CoachKandSportsguy]

Originally Posted by Sabella

I need to consult with an expert regarding required minimum distributions, and tax consequences and options. If anyone can recommend someone they’ve had personal experience with regarding this issue, it would be greatly appreciated. Thank you.

many here are experts having taken RMDs and paid taxes on them, in real life. So don't assume that people here can't answer the question after being experiencing the event for many years. . .

[Stu from NYC]

Originally Posted by CoachKandSportsguy

many here are experts having taken RMDs and paid taxes on them, in real life. So don't assume that people here can't answer the question after being experiencing the event for many years. . .

Many of us will give the correct answer but some will steer him wrong.

[kingofbeer]

Originally Posted by Stu from NYC

Do you have these funds with a mutual fund family? If so reach out to them.

RMD is a tax time bomb. I don't think an expert will help you avoid this time bomb.

[CoachKandSportsguy]

Originally Posted by kingofbeer

RMD is a tax time bomb. I don't think an expert will help you avoid this time bomb.

a bit histrionic and hyperbolic, don't you think?

the more successful one is, the more one has to pay taxes. . with very few exceptions. I would love to be rich enough to have to pay IRMMA penalties. . less than 1/4 there. . . . . so I worry about being able to afford living here into my 90s. . and worry about quality healthcare accessibility which will allow me to do so. .

RMD and taxes, meh. . . .

[Caymus]

Originally Posted by CoachKandSportsguy

a bit histrionic and hyperbolic, don't you think?

the more successful one is, the more one has to pay taxes. . with very few exceptions. I would love to be rich enough to have to pay IRMMA penalties. . less than 1/4 there. . . . . so I worry about being able to afford living here into my 90s. . and worry about quality healthcare accessibility which will allow me to do so. .

RMD and taxes, meh. . . .

IRMMA kicks in at $103,000 for single filers. I wouldn't be surprised if many widows/widowers in The Villages meet that level.

[manaboutown]

Just watched this off my DVR,

"GREAT INVESTOR WARNINGS

Investment legend Jeremy Grantham, known for his prescient market calls, warns the US stock market is as expensive as it’s ever been and advises looking overseas for superior values."

GREAT INVESTOR WARNINGS – WealthTrack