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I am letting dividends pile up in a MMSA that pays about 4%. Where are you keeping your cash while you wait for the indexes?
I am up 33% so far, have recently moved much of my money into CLOs.
the prospect of lower oil and energy prices.
Maybe Fed comments implying they will not be able to cut rates any further because of inflation.
It's always a good time to buy stocks unless you've only got a few years left to live.
With just a few exceptions, I have bought mutual funds and not individual stocks.
I don't focus much about dividends, although mutual funds pay them too.
I bought the Ford because at below $10 price, the dividends are 6% and I can only get about 4% now in new MM or CDs.
High dividends would scare me unless scaled in a fund as you say. The price is generally going down if the dividends are going up.
Patrick since your wife still works, you can use that the funnel mo' money into the retirement accounts
stereotomy says
Patrick since your wife still works, you can use that the funnel mo' money into the retirement accounts
We could put more in her Roth IRA, and probably should. Maybe she could contribute to an individual IRA as well, not sure.
Schools don't have regular IRA accounts, but instead have something called https://www.calstrs.com/
Schools don't have regular IRA accounts
Not to mention no conventional lenders will give you a loan to buy property.
Patrick says
Schools don't have regular IRA accounts
? IRAs are not employer vehicles. Did you mean 401K?
We could put more in her Roth IRA, and probably should. Maybe she could contribute to an individual IRA as well, not sure.
We could put more in her Roth IRA, and probably should.
? IRAs are not employer vehicles.
Also, PSA - there is a special 401k "catch up contribution" for 2025 as long as she is between 60 and 63. It's $23,500 max contribution with a catch up contribution of $11,250 for a total of $34,750. I think this is a one time opportunity for 2025 only.
Nice thing about Roth's too is that they aren't considered against you social security tax burden
Maga_Chaos_Monkey I've got a Roth and so does my wife. We should really max them out.
I've read that Peter Thiel invested his Roth money into Facebook early on somehow, so now it's worth more than $5B, tax free:
I've got a Roth and so does my wife.
Also note a caveat on ROTH's; a ROTH IRA does not count in your RMD calculations, whereas a ROTH 401k does.
HSA
RMD's are a sinister mechanism which means many of us will be paying a higher marginal tax rate at 76 than we did at 56.
HSA if she can get one. You can take the money out anytime you want.
Anyone can buy his own HSA; just go to Fidelity.com and buy it.
but I think you have to be on a high-deductible health plan (HDHP) in the years you donate to it,
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Gold holds value but no return.
Berkshire may be good investment
Amazon n microsoft keeps monopolizing so they will do well