[Jhnidy]

Originally Posted by manaboutown

The Shiller CAPE has hit 38.18, more than double its mean (17.17) and median (16). That seems like a very scary high to me so I have for the most part moved to defensive holdings and the largest proportion of cash I have ever maintained

Shiller PE Ratio - Multpl

I have taken my RMDs early this year in expectation of the midterms.

[LeRoySmith]

Originally Posted by Jim1mack

I’m curios what your goal is other than to accumulate. When do you plan to spend any of it?

Great question Jim!

I do not have a good answer to that question for myself.

Obviously we're old and we will die pretty soon. Most of us don't know exactly when we will go so we've got to hedge our bets a little.

Some of us have younger spouses we need to provide for after we're gone, so it makes sense to stay in the accumulation stage. Others of us are trying to give our kids a leg up in life, that's a great endeavor as well.

There's no way we can spend what we have (without being wasteful) but we still can't bring ourselves to stop putting effort into the accumulation phase of life.

Switching from 'earn and save' to 'enjoy and relax' is a step I don't seem to have the ability to make. That's a major flaw in my personality I need to figure out.

I have a younger wife I must provide for after I'm gone, I have 3 young daughters I'd like to help get ahead in life as much as possible

and

"one of these days" I plan to take it easy and relax. One of these days I'll stop worrying about money and enjoy life - failed.

And to be on ToTV listening to a bunch of nutty libs spout bs certainly isn't the enjoy phase....

[manaboutown]

Originally Posted by Jim1mack

I’m 73. Invested $150K eight years ago after I retired in seven high yield equities. They collectively pay me $24k annually.i take those dividends as my ‘fun money’ to use for vacations. That’s a 16% return. The principle fluctuates which doesn’t concern me. I like the additional income.

I have a large chunk of money invested long term with Eagle, Loomis and Columbia where it is actively managed. It has grown 17%.

I don’t know the ages of the market timers on this thread but I’m curios what your goal is other than to accumulate. When do you plan to spend any of it?

At 84 I am spending at a comfortable level but not throwing money around which I could never be comfortable doing. I want to leave some, but not too much, to my grandkids. I keep a more than adequate cash reserve and my investments continue to grow although a chunk of the growth is due to inflation.

[DAVES]

Originally Posted by Jhnidy

I have taken my RMDs early this year in expectation of the midterms.

All need to find their own answers. Every stock trade there is a seller who thinks it is a good time to sell and a buyer who thinks it is a good time to buy. "Take my RMDs early this year." Assuming you put the money into a TAXABLE money market. why not a money market in the IRA. RE: RMD check anything POSTERS SAY. The TAXMAN-but a pseudo name on talk of the villages said. Is the IRS allowed to laugh? RMDs are taxed at your highest tax rate. No long term gains etc. Needs to be done right. You can give the money to a 5013c charity and they get the full amount. The TAX MAN has been drooling over YOUR MONEY all these years. You can do some good AND beat the TAXMAN.

Nervous? Perhaps all are. Longterm-I call long term ten years. HUH? The S&P has tripled in TEN YEARS. I did SLIGHTLY less than that-SLIGHTLY

[Boilerman]

Originally Posted by Jhnidy

I have taken my RMDs early this year in expectation of the midterms.

And what do you expect to happen after midterms and why?

[DAVES]

Originally Posted by manaboutown

At 84 I am spending at a comfortable level but not throwing money around which I could never be comfortable doing. I want to leave some, but not too much, to my grandkids. I keep a more than adequate cash reserve and my investments continue to grow although a chunk of the growth is due to inflation.

ALL need to find their own answers. What to leave and to who, again you need to find your own answers. Woulda, shoulda, coulda, mighta. There are no do overs. Like it or not for all
the question is we are here. Where do we go from here. Cruel joke? Planning on climbing mt Everest at 84 or watching the movie? Pass the popcorn.

[DAVES]

Originally Posted by Boilerman

And what do you expect to happen after midterms and why?

I do not work for talk of the villages. They will and do shut it down

[Boilerman]

Originally Posted by CoachKandSportsguy

The bear case:
1) Treasury interest rates near 20 year highs.
2) petroleum price support is running low, SPR draws are near the end, world wide refinery damage, and no resolution to 2 petroleum war fronts
3) valuations are high and earnings /ROI on AI investments are iffy and data center build out are now using debt, just like the Dotcom era.
4) Continued Federal deficit growth will drive interest payments high enough to require ponzi scheme borrowing requirements

BULL CASE:

1) Fictitious inflation numbers declining
2) FY 27 Earnings growth at extraordinary levels
3) Fed chair Warsh can perform price stability magic without raising interest rates
4) markets only go up


Pick your expected outcome, but have finger on that sell trigger

And if you sell, you think you’ll be reacting faster than the market will? And then you have to know when the bottom is to buy back in or you miss the recovery. Again, good luck, you’ll need it.

[Boilerman]

Originally Posted by DAVES

I do not work for talk of the villages. They will and do shut it down

I meant, what do you think will happen to the stock market after midterms. The poster, not you, said they took their RMDs in anticipation of the midterms.

[dewilson58]

Originally Posted by Boilerman

I meant, what do you think will happen to the stock market after midterms. The poster, not you, said they took their RMDs in anticipation of the midterms.

I was waiting for J's reply as well.

[Aces4]

Originally Posted by dewilson58

I was waiting for J's reply as well.

Not a subject that is easily discussed here, I will only say there may be an October event designed to wreak havoc and disrupt November. I was surprised to hear that today but then again not..

[jasamy]

Originally Posted by gatorbill1

Majority of my cash is in IRA's balance is in over 5% CDs

Where do you get the “over 5%” CDs? You must have had them for awhile.

[dewilson58]

Originally Posted by jasamy

Where do you get the “over 5%” CDs? You must have had them for awhile.

Promotional stuff out there............

Short-Term (3 to 4 Months): Nuvision Credit Union offers 5.00% APY ($1,000 minimum).

[LeRoySmith]

Originally Posted by dewilson58

Promotional stuff out there............

Short-Term (3 to 4 Months): Nuvision Credit Union offers 5.00% APY ($1,000 minimum).

Much like the money market promotional accounts, some of those are 4 or 4.25 for 6 months but then go down to 1.5 or 2. It's a kind of a pain but I usually chase the promotional amount, the extra $10,000 in interest is worth a little bit of headache.

[Aces4]

Our financial institution is paying 4.40 APY for 12 mo, 18 mo, 1 yr, 2 yr, 3 yr, 4 yr and 5 yr. At our ages, we're not tying money up for the longer ranges, lol.