The Rokslide Stock Traders Thread

Yes, in most cases I would be better to keep that money invested and spend from the account. I am retiring early and 100% of my income will have to come from retirement savings for the next 7 years. If the market were to have a prolonged downturn say 50%, I would still have to spend from the account. This pretty much mitigates the sequence of returns risk. Also, this put my wife 100% on board with me retiring. She will work a couple more years and carry our insurance. I looked at other options like having 5 years in bonds and cash and I am sure that would work too.
It protects you from a possible downturn but also locks you in to losses from inflation right? $5k a month now probably won’t be nearly the same thing as $5k a month in 2030.
 
OT: How did everyone get so "good" or smart with this schitt? CPAs? BA Degrees?

Read books?

I am only seeing a snapshot of 40+ years of work and trading?

Stuff makes my head spin, but some are just really, REALLY money savvy. Above and Beyond Dave Ramsey :)

With a Govt retirement pension, a Thrift Savings plan and a handful of thousands in personal stocks...I am probably better than 98% of the rest of the US.

But I am nowhere close to FU money like most of you appear.

How you take that next, NEXT step?
 
Finally got out of a nasty nat gas trade. Been stuck in it for over a year. Bought my way out a few weeks ago…but it was a much larger position than I would have liked 😳
Today’s jump was all I needed to get the flock out!
 
Edited multiple times to add salient info

Crazy stat;

Just 8% of the stocks in the S&P 500 account for 80% of the growth.

It's been my bread and butter...but is this a bubble?
For others like myself that are heavily invested in this segment, JP Morgan came out with a paper, "Smothering Heights" HERE ....... an easy Google search
It's worth a look.

If you would rather watch a video analysis, Put this guy on your radar, Youtube channel Ticker symbol; You, his vids are excellent, and he does a good job explaining the challenges.

I was recently questioned on the other SOAL thread. I get the feeling some guys just want a free lunch. All I can say is successful investing requires 1) spending some time researching and 2) getting advice from quality sources. JPM is good, so is Morningstar and the other research outfits. I like this guy too, Here




BTW, If I am mucking up this trader thread with links...just tell me to STFU and I will.
 
Back
Top