I watch the market everyday. I watch it go up, I watch it go down, in the long run it always goes up. Any time you have doubts go to Yahoo finance, put in VOO or VTI bring up the graph. Put in since inception and look at the graph. There have been many, many corrections (the sky is falling)...
Really no reason not to have one. Not long ago I bought 2019 Quicken Will Maker + for about $40. Down load it and create all the documents you need to manage your estate as well as get many other legal forms you might need or use between now and when you bite the dust. I did quite a bit of...
When your young is the time to make those mistakes if they turn out to be mistakes. I made plenty myself and did fine without assistance from anyone. I am curious, what makes you think they may be asking you for assistance? If they haven't mentioned that possibility I would not offend them...
I agree, that is a great area. I lived in Knoxville for about 3 years. Met the wife there and go back a couple of times per year for the past 35 years. Great Motorcycle roads anyplace you go in E TN. Knoxville is like any good sized city, if you go to some areas where you shouldn't it could...
After re-reading my post I can see that the statement "Replaced bond allocation with high dividend blue chips" could be misinterpreted.
I should have said I sold my bonds and bought high dividend blue chips that all paid a minimum of 3%+Dividend with the proceeds of the sale.
were you confused? I'm sorry. I don't recall telling or saying anywhere that dividend stocks are bonds. Feel free to correct me but I think most investors expect lower yields from bonds when compared to stocks. Don't most investors buy bonds to even out the ups and downs of equities and...
As I said in my earlier post that was what I did 8 years ago when I first stopped trusting the bond market. I did that for about 4/5 years. A few years ago I went to an investing strategy I read or heard about from JL Collins. I have 3 years worth of cash in a mm account and about 88% of my...
I may be the lone ranger here but I believe the Fed totally screwed up the bond market with the interest manipulation in the past 10 years. I got totally out of bonds about 8 years ago. Replaced bond allocation with high dividend blue chips that all paid a minimum of 3%+. Of course running...
I retired 6 years ago, for the first few years I was still picking stocks with about half my money and the other half was in VWELX.
Read or saw something on line from JL Collins (you can google him) made sense, could not be easier. Spent some time investigating his philosophy and decided I...