Recent content by maestro

  1. M

    What If Fed Rate Hikes Are Actually Sparking US Economic Boom?

    "Basically higher rates are helping not hurting the economy due to giving people more interest income..." If our economy is going to survive on our 'reaping higher interest rates' on what we have, and 'injecting it', most people are in for a lotta hurt. Economics 101. ("lotta" is a technical...
  2. M

    After I'm Gone

    I've been noticing lately that plenty of money can also cause a lot of heartache, too. What to do, what to do....
  3. M

    Need to limit my account viewing.

    I think in this last year, we all like to look at BIG numbers, numbers most have not seen before, and we rub our eyes thinking it's a dream. Are they still there?!? One must remind themself, it's just on paper.
  4. M

    Reducing stock exposure in Retirement, age 60+

    In late 60's here, and I believe your thoughts and concerns on equities in the market today are valid. You've seen what can happen. Get your peace of mind, and lower your percentage accordingly. You gotta be able to sleep at night, as others have said. Broad experience in equities tells you when...
  5. M

    Moved into CCRC today

    Glad to hear all went well with surgery, however the rehab team is not helping your cause with the ice cream deliveries. Don't they realize the consequences of their actions, once one is returned to 'normal' life?!? :-) Best of luck to good recovery.
  6. M

    Suze Orman - You need 20M to retire early

    Suze is WAY passed her 'good until' date when it comes to financial advice.
  7. M

    Dumpster Diving/ Stocks

    I remember the 'irrational exuberance' of the dot com boom in late '90s. History repeating again with overvalued 'techs', index and ETF funds 'overfunding', and anything else breathing AI. No thanks. "Give me oil, or give me death." Since many are talking their portfolio stars, I go "EPD" and...
  8. M

    I've sold all my Boeing shares

    Boeing is heavily entrenched in defense contracts of US and international governments. Domestic airline industry is just a minor piece of their pie. They will be around a long time, despite the QC issues. Can you spell military 'drones'?
  9. M

    anyone pick up golf after avoiding it for years?

    I played golf for 30 years starting in college...then my wife divorced me after 25 years, and took my clubs as part of the settlement. (Pure revenge, I'd say.) Now, 12 years later, my girlfriend of 7 years, who also plays golf, wants to get married. I'm not so sure I can go through that pain...
  10. M

    What to do with those 0% Fixed-rate I-Bonds?

    I got into the hype and wisdom of I bonds in '21-'23 to park money I didn't need. Gifts to grandchildren, too. My thought is that if I still don't need the money, why redeem, and incur the tax and miss on interest before the 5 years are up, especially if you're doing Roth conversions? Don't need...
  11. M

    Poll: Drinking Preferences (Alcohol)

    I call for revote considering AGE category. Love me some Scotch at age 66; my dad soon to be 97, and still takes a nip every now and then. They did something right over in Scotland, I say.
  12. M

    Thirty-Six Years Today Stock Market Crash

    Remember it, and believe we could see another any day. That is what unnerves us in the equity markets. We know what lead up to 2008, but what was it in 1987? It was: "Heightened hostilities in the Persian Gulf, a fear of higher interest rates, a five-year bull market without a significant...
  13. M

    Early Warning on the Economy?

    I will not support over-spending in a bar or restaurant because 'they' feel a need to justify higher prices 'just because...' of 'this economy'. Call me frugal, call me cheap. It's the principle. My DW would rather sip a scotch or a good bottle of wine with me on our own patio, listening to...
  14. M

    Generating income off $500k portfolio for non-retiree.

    Yes, you got it. And if Tesla craters, you have TSLQ to balance you if you're long. And if you want 'covered call strategy' in the 20 year Treasury, you have TLTW for income, All kinds of fun. Peace.
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