Talking stocks, trading, and investing in general

[patrickBOOTH]

This is crazy

 

[brokencycle]

Average down?

I automatically average down. You know that.

This is crazy

I know that the number won't look much different, but you should really include IRAs too. About half of my retirement accounts are split between 401k and IRA from a 401k rollover.

 

[Omega Male]

Thought for the day: “Far more money has been lost by investors trying to anticipate corrections, than was lost in the corrections themselves” -- Peter Lynch.

 

[jbarwick]

Got word back from the accountant today. 2019 will be the last year of our Roth IRA contributions unless somehow we lower our AGI enough to contribute a small amount around tax time for 2020. After 2020, I doubt there will be anything. Time to set the taxable account up.

 

[Piobaire]

Are you maxing your 401(k)s?

 

[jbarwick]

Are you maxing your 401(k)s?

Will will be. Also have Daycare FSA lowering AGI then we have to decide if we should max HSA before taxable but I have not looked at it.

 

[Texasmade]

I started max contributing to my 401k and HSA so I can continue maxing out my Roth. I’m starting to get close the phaseout.

 

[tcbinnc]

I am not endosing the author's pov, but interesting article here about the current state of the men's dress wear and suiting industry from a business perspective. https://seekingalpha.com/amp/article/4271019-tailored-brands-cigar-butt-ruin-suit

 

[Piobaire]

It's been a crazy year but is anyone not up double digits YTD?

 

[jcman311]

Yes. ? See my complaints from previous posts. July 1 starts a new chapter.

 

[Piobaire]

Yes. ? See my complaints from previous posts. July 1 starts a new chapter.

I really hope that works well for you. With the S&P up nearly 18% YTD, and not being up double digits in my overall portfolio, I'd be livid too.

 

[jcman311]

Well I just check our ytd, around 10%. Still not good enough though. Can't wait to switch.

 

[Omega Male]

One for Pio perusal.

Fat Tailed and Happy is under construction

Economic Education & Ideas for Financial Independence

fattailedandhappy.com

 

[Piobaire]

There is a growing number of folks, some more expert than others, predicting that the historic rate of return on the S&P (and other indexes of course) is a thing of the past and folks should be thinking of modeling with 2-3% spend rates. It's certainly something to think about.

 

[Omega Male]

Well let's make hay while the sun shines. Checked my old 401(k) -- which is all in large cap and index funds and has been for at least a decade -- and it's up 20.58% year to date.