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PoindexterOglethorpe

(27,665 posts)

7. My financial advisor has done pretty much the

Reply to underpants (Original post)

Wed Apr 2, 2025, 08:46 PM

Wednesday

same thing for me this past year. I'm still taking out 4%, and the money is growing.

I need to have a conversation with him about spending down as much as possible while I am alive. My one son, known here as My Son The Astronomer has had the wonderful good fortune to have been gifted money by his wealthy paternal grandparents. He's also inherited from at least two relatives who have passed away themselves.

I often joke that someone should go after him for his money.

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I moved my 401K type plan into bonds today [View all] underpants Wednesday OP

DOW futures are down 2.7% gab13by13 Wednesday #1

Smart man. Ellipsis Wednesday #2

People are worried about stagflation gab13by13 Wednesday #3

I didn't touch our portfolio... WarGamer Wednesday #4

Ditto central scrutinizer Wednesday #10

In fact... I might even add-in to our port if we see discount prices in the next few months. WarGamer Wednesday #11

What a strategy: catch a falling knife. . . . . nt Bernardo de La Paz Wednesday #16

I tinker with mine, occasionally - Ms. Toad 23 hrs ago #26

Because everything is normal & normal indicators apply & normal patterns apply? Bernardo de La Paz Wednesday #15

This message was self-deleted by its author BannonsLiver Thursday #22

Agreed. Ms. Toad 23 hrs ago #25

I am currently doing a government money market fund anciano Wednesday #5

I moved a large percent into 3 and 5 year funds with guaranteed 4.5 and 5% respectively in Dec and late Jan. MLAA Wednesday #6

My financial advisor has done pretty much the PoindexterOglethorpe Wednesday #7

I was just talking to people at one account today Meowmee Wednesday #8

Royal Bank Canada and BMO (Bank of Montreal) have Canadian funds available in US dollars, and US operations Bernardo de La Paz Wednesday #17

Yes I know thanks 😁 Meowmee Wednesday #20

If I had that long before retirement I would have stayed invested in stocks, esp dividend paying stocks. beaglelover Wednesday #9

Yup. Ms. Toad 23 hrs ago #27

Smart move. Will be a rough 3-4 months for any Krasnov portfolio. bucolic_frolic Wednesday #12

I moved them into Money Market not long ago. Earthrise Wednesday #13

You're lucky to have a defined pension plan, they mostly did away with those years ago ... cliffside Wednesday #14

Defined Pension Plans are also invested heavily into stocks MichMan Saturday #23

True and probably should have said that professional money managers might have taken a more defensive ... cliffside Saturday #24

I'm not too far from retirement age, so I've got significant exposure to bonds, and I'll tell you... LudwigPastorius Wednesday #18

Been thinking about that as well exboyfil 23 hrs ago #30

Probably a good move. radius777 Wednesday #19

Longer term charts SPX and consolidation periods ... cliffside Thursday #21

4.2% IRA CD CountAllVotes 23 hrs ago #28

My primary IRA was 70% Bond 30% stock exboyfil 23 hrs ago #29