Yes mine has dropped too. It’s supposed to be in a low risk investment category based on my years to retirement. Which I hoped were fewer than it looks like they are. With these current idiots holding the nation’s purse I’m tempted to take it all out and take the tax hit. It very well could be less than if the market crashes if they default
Yes mine has dropped too. It’s supposed to be in a low risk investment category based on my years to retirement. Which I hoped were fewer than it looks like they are. With these current idiots holding the nation’s purse I’m tempted to take it all out and take the tax hit. It very well could be less than if the market crashes if they default
Be careful. That "tax hit" can be hard. Jurate took out a bunch of hers to buy the house in Oregon we'll never live in, and got hit really hard by the IRS. I'm trying to dig her out of that hole now.
I get it. But it seems to be a potential catch 22. A definite hit if I withdraw it and an even bigger hit IF the market tanks. The key word if. I have weathered these before but wasn’t as old and close to retirement as I am now. Where in Oregon did Jurate buy the house? Just curious since I live in Oregon
I guess I’m very tired . I was trying to send a link to a video I took of the barking sea lions that frequent the Newport docks. I love Newport and go there often. Best restaurant in my opinion is Local Ocean Seafood if you can get there sometime. I know I posted this before but appears I deleted it. I was supposed to go to Newport next weekend but Turtle had other ideas. She’s doing really well but will be on antibiotics for awhile.
I wish we could have gotten to Newport and met; I think we'd have all liked each other. The house is now up for sale. The only value I'll see will be in her will. :-(
I wish we could have gotten together in Newport too. I know we would have liked each other and had a fine time together with the sea lions, great food and beer, and the beautiful Oregon coast. Give Jurate my best. I feel like I know her. Take care Tom and congratulations on your new book
While your timing is unfortunate, I don't recommend selling anything now. Many of us got beat up in 2008. But those who hung on and actually started buying in early 2009 did very well.
This too shall pass and after a scary period, greed will overcome fear and a broad based portfolio will be fine.
And then...when nobody is scared anymore and happy days are here again, I will be selling.
Yes mine has dropped too. It’s supposed to be in a low risk investment category based on my years to retirement. Which I hoped were fewer than it looks like they are. With these current idiots holding the nation’s purse I’m tempted to take it all out and take the tax hit. It very well could be less than if the market crashes if they default
Be careful. That "tax hit" can be hard. Jurate took out a bunch of hers to buy the house in Oregon we'll never live in, and got hit really hard by the IRS. I'm trying to dig her out of that hole now.
I get it. But it seems to be a potential catch 22. A definite hit if I withdraw it and an even bigger hit IF the market tanks. The key word if. I have weathered these before but wasn’t as old and close to retirement as I am now. Where in Oregon did Jurate buy the house? Just curious since I live in Oregon
Newport. It would have been great.
https://drive.google.com/file/d/1pg5OFt_nxSx8sEWJFh1r_ewtst58HXDm/view?usp=drivesdk
I hope this opens. It was the one I wanted to send. I love these guys
I guess I’m very tired . I was trying to send a link to a video I took of the barking sea lions that frequent the Newport docks. I love Newport and go there often. Best restaurant in my opinion is Local Ocean Seafood if you can get there sometime. I know I posted this before but appears I deleted it. I was supposed to go to Newport next weekend but Turtle had other ideas. She’s doing really well but will be on antibiotics for awhile.
I wish we could have gotten to Newport and met; I think we'd have all liked each other. The house is now up for sale. The only value I'll see will be in her will. :-(
I wish we could have gotten together in Newport too. I know we would have liked each other and had a fine time together with the sea lions, great food and beer, and the beautiful Oregon coast. Give Jurate my best. I feel like I know her. Take care Tom and congratulations on your new book
Thanks.
While your timing is unfortunate, I don't recommend selling anything now. Many of us got beat up in 2008. But those who hung on and actually started buying in early 2009 did very well.
This too shall pass and after a scary period, greed will overcome fear and a broad based portfolio will be fine.
And then...when nobody is scared anymore and happy days are here again, I will be selling.
Yup thats what my guy says too - but its getting harder & harder to hang on - as the money goes down!
A paper loss is a worry. But it's only a real loss when we bail out. You know what they say...buy low, sell high.