frayne
Thinks s/he gets paid by the post
You could spend it. We’ve had an extended period of low inflation. Is there any durable good you’ve had your eye on? A new fishing pole and tackle? A jet ski? A new roof?
I think we are just as likely to see a spike in inflation as we are a major correction. 2017 prices may seem absurdly cheap in 2020.
Thanks everyone for the input and I will continue to research what might work best as there is no cookie cutter recipe where one size fits all. To reply to cooch 96, I have already upgraded my golf bag with a new Callaway Epic driver, three wood and apex hybrids and blade irons, along with a new odyssey putter. Probably have two grand plus in the golf bag so I can't blame my substandard play on crummy equipment. Spending just to be spending on any thing else would just be plain foolish as I don't need a bigger house, newer cars or more toys. It's a good feeling to know I can't out live my portfolio and will probably use a portion of it for my grandkid's education, which I have been contributing to for some time. Again, thanks for all the sage advice. We have a great forum here with some pretty smart cookies.