I choked

[Lstansbury]

These guys like BLNDX

https://www.macroaxis.com/invest/advice/BLNDX

Say it is fairly valued, unlikely to experience much distress, over 40% held in Cash. That cash piece was odd.

YMMV

As for choking, I fell ya'. I just sold some of my Exxon stock that I inherited at $35 a share 2 years ago. It was trading at $104 when I sold it. 300%!!!
So the whole "sell high, buy low" kept ringing in my ears. Is it market timing? Is it choking? Or is it just selling at a high?

I'm putting the gains into a 3.15% CD for the next few years, which is almost exactly what the dividend payout is on XOM.

[Imackenzie]

Quote:

Originally Posted by Sunset OP - Buy I-bonds of course as the rate is ~9% and guaranteed no-loss. Limit is $10K for you, $10K for your Spouse, $10K for your trust (if any), etc... Plus your spouse and you can buy now, a $10K I-bond for each other. We bought this year's $10K allotment , plus bought $10K gifts for each other for the next 3 years. A total of $80K put into I-bonds this year. We also did the $5K income tax refund to I-bond but it's too late to do for this year.

A husband and wife cannot each buy a 10K i-Bond and then each gift each other another 10K i-Bond.The gift counts towards the maximum personal limit of 10K per person per year.

[REWahoo]

Quote:

Originally Posted by Imackenzie A husband and wife cannot each buy a 10K i-Bond and then each gift each other another 10K i-Bond.

Actually you can if you leave the bonds in your "gift box" until the following year. Read all about it here: Buy I Bonds as a Gift: What Works and What Doesn’t

[Imackenzie]

Interesting and true--but the year that you complete the gift that person cannot get another i-Bond and it can't be cashed until it is completed... So, still only one bond a year at the end of the day per individual. I didn't realize though that the gifts in the "gift box" earned interest so that does make them useful for the long term if rates are good (like now!)

[REWahoo]

Quote:

Originally Posted by Imackenzie I didn't realize though that the gifts in the "gift box" earned interest...

Bonds purchased and placed in your gift box also starts the clock running on maturity date, another big plus.

[Koolau]

Trust our gummint to come up with something complicated like this!

[pb4uski]

Quote:

Originally Posted by Koolau Trust our gummint to come up with something complicated like this!

I look at it differently.... trust the electorate to fail to understand something that is pretty simple... in part because they are not willing to spend a few minutes reading about it.

[COcheesehead]

Quote:

Originally Posted by pb4uski I look at it differently.... trust the electorate to fail to understand something that is pretty simple... in part because they are not willing to spend a few minutes reading about it.

Yep, if you know the rules, you can play the game. Works that way with taxes and a lot of other “complicated” stuff.

[pb4uski]

I have to think that our public education system has failed us when i-bonds are considered too complicated.

[OldShooter]

Quote:

Originally Posted by pb4uski I have to think that our public education system has failed us when i-bonds are considered too complicated.

I tend to agree. Math-a-phobic teachers (and proud of it) infuriate me. But remember that half the population has below-average intelligence.

[Markola]

This brief Wealth Track episode covers why simple, passive index funds are more successful than active investors/actively managed mutual funds over any multi-year period.

https://podcasts.apple.com/us/podcas...=1000565962427