Recent content by PoconoMike

I would wait a couple more weeks until any year end selling is done. I would expect that a number of folks who hold banks and made money in other areas will be selling losers (banks) to offset their gains. Also don't be surprised if some of the more distressed banks reduce the dividend to...

1. Develop a post retirement budget. 2. Estimate your tax rate and figure a gross income required based on the aforementioned budget. 3. Make a list of your financial assets and income from all sources. 4. Calculate withrawals from your assets ans match the withdrawals and income with your...

I would think that buying high dividend stocks is not for the greedy but the conservative. A good strategy (my opinion) is to find a stock that has historically paid a steady dividend but is temporarily down and buy at that time to lock in a high dividend. As has been pointed out there are a...

Wallenpaupak is a nice spot. This is my primary residence but there are probably more second homes up here than primary residences. Imagine there are a few of us up here trying to figure out how to retire. I was out of town this week watching the weather channel and expected to come home to a...

Thanks, the links and information you guys suggested are very informative. Sounds like I have to call Blue Cross / Blue Shield and get an idea of what the HIPPA? insurance rates are so I can do a reality check on early retirement. I have budgeted a big chunk for health care but don't really...

Check out FUN (Cedar Fair). Current yield is 8% tax deferred. It's a limited partnership. Also check out FGP (Ferrell Gas Partners). It's at 9% right now. It's been paying $2.00 per share for years. It's also tax deferred.

Hello to all. I have been reading the posts on your site for some time now and am impressed by the quality and quantity of the information posted. I'm 55 soon to be 56 and ready to retire. The one thing that is an issue is health insurance between now and medicare. Otherwise I'm ready to go...