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davidrmoran
I myself see a big pullback coming in the next six months but I don’t know that I have ever been correct over 45 years. I will put a lot of money in if a 10% pullback comes. I expect you r being prudent depending on how old you are. The thing is, if you’re young, you might as well stick it out and not try to time. He said.
Not at all --- sorry, yes, 70, ~25% of total retirement (if you leave out SS as bond equivalent). Actually some of that is cash, so a little less than a quarter.
@bartab the dry:
So weak. I was afraid you would have nothing substantial. And even if you get it all from Fox and Kellyanne, you know who else "believes" (what a fine verb that will turnout to be) the "Russian story."
See, that's the real problem, this fake false-equivalency thing. But her emails. Please. There's no chatting with people running up their bar tab. So secede already, please.
To an extent, but I actually do not see that as the chief problem, given what passes for "conservative" policy thinking today. Elected reps and appointed heads who do not understand what insurance is and how it works, who do not understand diplomacy…
@BobC, as a born buckeye I am disparaging neither Midwesterners nor all Midwestern guvs. But you knew that. I feel saved by the investigative media (print); where would we be the last 20 years without them? Pence is as benighted as a guv can be thes…
Not quite following your point but sense your defensiveness. Not luck and not lucky.
Just go exploring at Total and/or Costco and you'll see. TJ is fine and d'Alba etc and others from Sicily and southern Italy can be similarly fine, sure. Have not …
@OJ,
Costco, Total, and the occasional lucky twofer bin in the front of your local packy have good reds, sometimes, Costco often, for well under $15 and often under $10.
Hard to find, takes some taste-testing, suffering duds.
But for everyday we …
In trench politics, some people, maybe more than some, really do have towering intellects, and of the genuinely usable sort.
One of my brothers served twice in State, under Carter and then Clinton. (Before and since, he is a dean / program head / c…
There again seems some sense in what you write, here on middle paths, and I am curious that no one else analyzes the situation as you do (that I know of).
I wonder why. I hope you can collect and cook your last half-dozen HC posts and submit them s…
It's an economy, so of course it's just a shell game. Like so many things. Who pays what, and which parts?
So yours is an arg for single-payer? That's your conclusion?
>> Assuming that virtually all people get the health care they need,
uh…
WWII buffs may find this interesting, and there are other partial demurs elsewhere:
https://inews.co.uk/essentials/culture/film/dunkirk-wrong-historian-james-holland/
Oh, sure, conversions. I thought backdoor meant something fancier. Thanks. Yes, conversions have always been a way, and did get better than at the outset. Shoulda thought of that. See end for worse.
@Hank, I am baffled that you keep agreeing and ye…
These guys are New Yorker wannabes; real New Yorkers would eat them for lunch and breakfast, and do. And there is not a Michael or Vito (or Connie) among them; they are all Sonnys and Fredos.
Jeez, did I not say long ago it depends on how you define 'the wealthy'? Your wording, right?
Look at the income percentiles, for heaven's sake, before going back and forth about this, okay? Did you do that?
Everyone I have known ever since Roth…
msf,
Forgive me, what is that way?
Hank's post seems only to make my point. And is confused to boot --- who said anything about 185k joint income being lowly anywhere? My point. What am I missing?
Yeah, generational transfers help everything. No…
@Hank
>> Actually, the Roth (not subject to RMD) is a tax boondoggle for the wealthiest among us
No it's not, in fact, depending of course on how you define 'wealthiest':
http://www.schwab.com/public/schwab/investing/retirement_and_planning…
>> the IRS lets you move your investments in kind from your IRA to your taxable account.
But this is the same taxable event as in-IRA selling and receiving the RMD cash directly, right?
I was a prep English teacher those years and it was really something to be able to wind up classes on Dickens or Vonnegut and watch the riveting hearings on CCTV for a while, really something.
Also had two consecutive gov fellowships in WDC Aug '7…
Right, I made a complete hash (worse than that, actually) of trying to depict the route to get from working 30s to 60s retirement prep so as to result in high-multiple cashflow cash.
So equity investing is what one does after and only after having set aside 5x annual cashflow. Therefore for only the wealthy. My children, among a great many others, would never equity-invest, or not till their 50s.
Sketchy advice, to say the lea…
Forced to tender, you mean. So same as Bharara.
https://www.usatoday.com/story/news/politics/2017/07/07/fired-federal-prosecutors-share-secret-resignation-letters/459134001/
'Swamp'??
