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Old 05-15-2020, 09:57 PM   #121
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Staying the course with a little playtime, I sold 15% or 20% on 2-28 and bought it back 3-25. I took advantage of what I that was a downturn.




This is a wash sale.
It depends....
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Old 05-16-2020, 03:56 AM   #122
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Staying the course, shored everything up a few weeks ago to realign to 60/40. The 60/40rs were getting a lot of hate and disdain from the financial "pros" last year up through March, now it looks pretty good again, it has served me well through 2009 2010 and is giving me the ballast it is designed to do through these past few months.


When the market first tanked in March, and then realizing that we are purposely destroying the economy, I ran some analysis anticipating a 40% to 70% drop in the markets, and determined that, though it would be very painful, my AA and other asset strategies would likely pull through, especially if I don't panic. BTW, I still fully anticipate that there is a high possibility that we will go through a 40 to 60% drop over the next two years or so once the reality of what has been done catches up.
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Old 05-16-2020, 04:28 AM   #123
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Staying the course at 60/40. With that allocation our bonds plus cash equal 11+ years of annual spend, ie until Iím 71 and DW 75. I figure at that age I could start selling stocks no matter where they were in value to cover the rest of our lives. And that doesnít even count any dividends annually (which currently cover 62% of spend ) or SS. So yes; I canít see gaining anything significant to me by changing strategy.
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Old 05-16-2020, 06:55 AM   #124
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Staying the course. Have a cash position that I keep for expenditures I know will be upcoming (washer and dryer; 18 years old, the clock is ticking. Need a new vehicle, but can't decide what. Have 2013 Tacoma with 76k miles on it, but want something new). The rest in dividend paying stocks. Im living on SS and about 50% of the dividends, the excess goes back into more stock.
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Old 05-16-2020, 07:59 AM   #125
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Staying the course.
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Old 05-16-2020, 08:05 AM   #126
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Is anyone completely out of International equities?
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Old 05-16-2020, 09:18 AM   #127
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No, I am actually increasing international from 20% to 25% or even 30%.
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Old 05-16-2020, 09:34 AM   #128
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Is anyone completely out of International equities?
Jeez, no! We are staying the course; international is around 50% of our equity side.

IMO, ignoring international is an emotional decision not a rational one. I don't think anyone would argue with the fact that US world economic share is declining and will continue to decline. After all, we are only 5% of the world's population.
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Old 05-16-2020, 09:53 AM   #129
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Staying the course, rebalanced last month to 60/40, planned to fire in July, now wait and see.
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Old 05-16-2020, 03:08 PM   #130
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Is anyone completely out of International equities?
Vanguard Total World Stock Index is the one I'm planning to dollar cost average excess (not spent) $ into over the next ten years.

Heh heh heh - plan vs actual - we'll see. Expect a bumpy ride - more fun than football.
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Old 05-16-2020, 03:12 PM   #131
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Is anyone completely out of International equities?
Yes. The underperformance of international equities for so many years caused me to abandon them in 2020. If and when they start to show signs of generating decent returns then I'll reconsider... I recognize that I may miss some of the upside but I'm ok with that.
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Old 05-16-2020, 03:18 PM   #132
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Is anyone completely out of International equities?
No, still holding at about 20% of equities, which is where it has traditionally been.
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Old 05-16-2020, 03:38 PM   #133
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Is anyone completely out of International equities?
Most of my 100% stock allocation is in international equities, if you count Canadian as international.
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Old 05-16-2020, 04:24 PM   #134
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Yes. The underperformance of international equities for so many years caused me to abandon them in 2020. If and when they start to show signs of generating decent returns then I'll reconsider... I recognize that I may miss some of the upside but I'm ok with that.
Exactly the same for me.
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Old 05-16-2020, 07:09 PM   #135
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Is anyone completely out of International equities?
Yes. I always went against the advice of the "pros" and never had any and probably never will.

I always figured my VTSAX already held plenty of companies with international exposure.
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Old 05-16-2020, 07:12 PM   #136
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Is anyone completely out of International equities?
Close enough to completely out, 2%. The less we’ve had, the better we’ve done. In my experience, they do not reduce volatility or enhance returns.

For reference I have a five star, well respected 50-70% equity allocation fund (call it balanced for simplicity) that only holds 5%. That should tell you something.
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Is anyone staying the course?
Old 05-16-2020, 07:39 PM   #137
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Is anyone staying the course?

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Old 05-16-2020, 07:40 PM   #138
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I have stayed about the same. Moved a few percent from bonds to 3% CDís because it seemed like what all the cool kids were doing.
No stock selling at all. I got average going in (dollar cost averaging) and Iíll take average going out (whatever that may turn out to be).


Where are you finding 3% on CDís.
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Is anyone staying the course?
Old 05-16-2020, 10:14 PM   #139
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Is anyone staying the course?

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Where are you finding 3% on CDís.


I had set up some IRAís earlier at Navy Federal with $50 which allowed additional deposits. I recently added $150k each for my wife and I so 300k total at 3%.
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Duplicate from Rodi's poll
Old 05-17-2020, 03:07 AM   #140
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Duplicate from Rodi's poll

Until 2 years ago, was 100% in stocks for the 401k. Of course there were some stomach flips during the Great Recession and Dot Com bust, but held fast during those times because I was blessed with pretty secure employment.

Upon realizing that Sequence of Returns Risk is devastating to early retirees, began to throttle back to a rising equity glidepath (ala Kitces and Pfau) the year before retirement (too late statistically, but I got lucky). In January 2020 rolled 401k to an IRA and took a single lump sum distribution on the most appreciated company match stock accounts and placed that into a brokerage account before turning 59.5 yo. Bulk of the IRA rolled into FUAMX Intermediate Treasury Bond Fund - which has appreciated 7.5% to date since purchase. (Sheer Luck). Immediately after rollover, did our annual expense to cash using Net Unrealized Appreciation from brokerage in January and February in order to capture Long Term Capital Gains. Caught the highs of company Mega. Sheer luck again to catch the highs - but then again the annual bonus structure at Mega is always tied to stock price during Valentines week.

Because I want to harvest LTCG before claiming SS for DW and myself, holding onto megacorp stock in brokerage to gain the 0% tax advantage for a few years. Down from its all time high, but I can always sell out of the IRA next year if that option is more appealing. Its a risk to have such a concentrated stock position in a single company - but it is the utility NextEra. Most people will keep paying their electric bills during the downturn - but I do expect some additional impact on an already high PE stock.

For those retiring early - the NUA and LTCG strategy during an IRA rollover is an awesome tax strategy. Just ensure you do not take any 401k with drawls before the rollover to IRA or you will have to wait for another triggering event to avoid tax consequence (reach age 59.5, disability, and my favorite out - death).

Originally at 40% equity per plan in January, Declining balance in brokerage for mega corp stock coupled with selling some S&P 500 index fund during rebound now has us down to 33% equity. Which allows me to sleep soundly. When stocks become less expensive, I will dollar cost average back into MSCI ex USA index, Russel 2000 index, and S&P 500 index. Particularly with the tiny Roth and go from all cash to all equity in that account.

Its amazing how much my personal risk tolerance changed between accumulation with a steady paycheck and retirement before SS/Pension with drawl phases of investment. The impact is immense.
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DW and I are 59/59. FIRE'd August 2019. Non-cola pension available but will remain untouched until mid sixties to grow, max SS for DH at FRA or 70. Mega retiree health available. IRA rollover from 401k Jan 2020 for NUA treatment. LTCG next few years. AA 40% stocks, 7% cash and 53% Intermediate Treasury fund. Rising equity glidepath.
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