(Topic ID: 175889)

Stock Market Traders?


By kpg

2 years ago



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  • Latest reply 13 days ago by rai
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    There are 1218 posts in this topic. You are on page 25 of 25.
    #1201 39 days ago

    Here you go with small cap portfolio since Jan. Obviously Apple is buy and hold and buy more on dips

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    #1202 39 days ago

    Think beyond the self.
    Some middle class folk wouldn’t choose an early inheritance at all let alone the non spouse IRA BDA vehicle. Early illness and death happen.

    The new ruling potentially straight jackets tax and leaves less to heirs.
    An emotional moment for some clients when they hear of the news.

    #1203 39 days ago
    Quoted from Vino:

    The new ruling potentially straight jackets tax brackets and leaves less to heirs.
    An emotional moment for some clients when they hear of the news.

    Granted, it doesn't help the massive homeless camps in the Bay Area Vino. Shame on Cali

    #1204 39 days ago
    Quoted from iceman44:

    Granted, it doesn't help the massive homeless camps in the Bay Area Vino. Shame on Cali

    Agree. Big issues out here.
    Trade on!

    #1205 39 days ago
    Quoted from iceman44:

    Roth
    Roth conversions
    Gotta understand that
    Taxes are on sale now
    And the new law is RMDS at 72 and inherited iras have to be pulled over 10 yrs
    Pay the tax now. Never pay it again not the compounded growth
    Your welcome. From a CPA, estate planning lawyer and financial advisor with $350 million of assets under management

    See, to me everyone says this without really thinking about it.

    #1) If I'm making so much money in retirement that my tax rate is higher, do I even care?
    #2) If I'm in a high tax bracket and then in retirement I'm super low, then I cost myself a bunch of money
    #3) If you're a high earner and think about it some, you could retire a year or two early and use those years to convert IRA's to Roth's when you have no other income. You'd barely pay any tax.

    It's not a simple "Roth is the way to go" every time. Basically, if you have $100k and convert it to a Roth to be $66k, you've given away $34k right away with no possibility of finding a loophole. They're always coming up with loopholes, you just have to be ready when the next one comes up.

    Now if you're in a really low tax bracket now, then Roth is definitely the way to go. It's just when you're in a high tax bracket that it becomes a little cloudy.

    #1206 39 days ago
    Quoted from taylor34:

    See, to me everyone says this without really thinking about it.
    #1) If I'm making so much money in retirement that my tax rate is higher, do I even care?
    #2) If I'm in a high tax bracket and then in retirement I'm super low, then I cost myself a bunch of money
    #3) If you're a high earner and think about it some, you could retire a year or two early and use those years to convert IRA's to Roth's when you have no other income. You'd barely pay any tax.
    It's not a simple "Roth is the way to go" every time. Basically, if you have $100k and convert it to a Roth to be $66k, you've given away $34k right away with no possibility of finding a loophole. They're always coming up with loopholes, you just have to be ready when the next one comes up.
    Now if you're in a really low tax bracket now, then Roth is definitely the way to go. It's just when you're in a high tax bracket that it becomes a little cloudy.

    I plan to retire soon and have both Taxable savings and tax shelter savings.

    The trick is this.

    I am in the highest tax bracket now.

    I will be in a highest tax bracket again once I take SS and once RMD kicks in.

    So there is a window (I call it a tax doughnut hole). When I’m between high tax (working) and high tax (RMD + SS).

    >>>>>>>>>_______<<<<<<<<<

    So there’s a few years when my taxes will be low I can live off my taxable savings and convert my IRAs to Roth IRAs.

    Avoiding taxes is the name of the game. I want to pay my fair share but if there’s a scenario like the one I pointed out above that can give me an enormous additional money not paid to taxes.

    Plus moving to a low tax state in retirement.

    #1207 39 days ago

    Put this one on your radar: Fastly

    Do you think Apple can break resistance at $205?

    #1208 38 days ago

    Covered 5 United Healthcare Puts $220 9/20/19 @ $0.92

    Originally sold for $12.04 on 4/22/19

    #1209 38 days ago
    Quoted from Trekkie1978:

    YTD - up 35%
    2017 - up 56%
    2016 - up 86%
    2015 - up 7%
    2014 - up 2%
    2013 - up 2%
    2012 - up 34%
    2011 - up 4%
    2010 - up 16%
    2009 - up 30%
    2008 - down 16%
    2007 - up 10%
    Over a 12 year period (I'm counting this year as a full year), I average a little over 22% per year.
    This is only for my trading account. My other accounts average a lot less, due to owning many more stocks, mutual funds and bonds.
    My trading account represents 25% of my total portfolio. When I first started with it, it represented 5% of the portfolio.
    ****NOTE: I made a terrible calculation on 2014. I typed in the wrong number on the calculator showing a huge loss, when I was up on the year.

    2018 - down 8.5%
    2019 - up 52%

    #1210 38 days ago

    I've been retired for about one year now and it's SO nice not having to work
    but was a bit scary going from $$$ income to about a third of that. The truth is I'm living quite well on Social Security along with rental income from a beach house. I haven't had a need or desire to tap into my IRA or Roth or stock market account. My advice to anyone younger is always max out any matching IRA funds your company offers, open a ROTH if you can, invest in a house, don't piss money on depreciating assets like cars. Otherwise, pay everything off before you retire and you can live pretty well.

    #1211 37 days ago
    Quoted from iceman44:

    Roth
    Roth conversions
    Gotta understand that
    Taxes are on sale now
    And the new law is RMDS at 72 and inherited iras have to be pulled over 10 yrs
    Pay the tax now. Never pay it again not the compounded growth
    Your welcome. From a CPA, estate planning lawyer and financial advisor with $350 million of assets under management

    Please clarify the Inherited IRA pulled over 10 yrs law.

    How does this effect an "Activated" Inherited IRA. If/when this goes into effect how does that effect this situation? Does this mean it has to be taken out within 10 years of the death or 10 years of this law going into effect? (I assume the later).

    Are they planning on using a new calculation to up the RMD based on 10 years rather than age of the recipient or just make sure it is all taken lump sum at the end of 10 years?

    3 weeks later
    #1212 14 days ago

    So I'm a buy and hold kind of guy with 30+ years until I retire with all my holdings outside my residence in mutual funds. I am curious how the active traders are playing on the 850+ point drop in the market today (8/5/2019).

    #1213 13 days ago

    Buy

    #1214 13 days ago

    If you’re saving for retirement 30 years this dip is not bad. It’s healthy and normal stocks can’t go always up.

    Buy more, 30 years from now these prices will look really cheap.

    I just picked a stock at random 1990 Caterpillar was $5.60 now it’s $122.

    #1215 13 days ago
    Quoted from sataneatscheese:

    So I'm a buy and hold kind of guy with 30+ years until I retire with all my holdings outside my residence in mutual funds. I am curious how the active traders are playing on the 850+ point drop in the market today (8/5/2019).

    We've been buying and holding for almost 25 years now. I hate days like yesterday because my strategy requires that I do nothing. My monthly investment day is always the first business day of the month, so I didn't submit a buy on more mutual funds since I already bought in August.

    I won't hit refresh on Quicken for awhile, I know about how much the portfolio dropped without having to verify. It's probably close to my yearly salary.

    #1216 13 days ago

    I posted this before but back in 1987 the stock market dropped 22% on one day.

    If that was today’s level DJI 27000 the one day drop would be 4800 points.

    Anyway if you look back this was 32 years ago but the price of the stocks market is up at least 14x higher now, not counting dividends which give 2-3% a year.

    A lot of people look at index prices and forget the dividends which iirc give half of the gains and are not reflected in stock index daily price level quotes.

    Here is a graph showing even during our current bull market there have been dips. If anyone had sold out during a dip they’re missing a lot of potential gains.

    Stocks don’t go straight up always up and downs.
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    #1217 13 days ago

    Are you thinking of 87? I remember the headlines in the newspaper being in giant print, then forgot about it while I went to play on my Nintendo.

    #1218 13 days ago
    Quoted from investingdad:

    Are you thinking of 87? I remember the headlines in the newspaper being in giant print, then forgot about it while I went to play on my Nintendo.

    Sorry yes 1987

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