Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
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Derf
davidrmoran : No need to send billing, it's the amount that caught my attention!
"The last time the stock market saw declines like we’re experiencing, Congress suspended RMDs for one year. Because of the dramatic decline in retirements accounts, RMDs due in 2009 were suspended. The waiver also applied for people who turned 70½ i…
Good to hear from you @mrc70. We had the same (plan) back in 2018. As I said before I cashed out 2 401k's around 3 qter 2018. About 1/8 of proceeds were invested sometime later. Yes I nibbled here & there since that 1/8 buy in. Since the down …
From comments above it appears 3 nails driven into coffin & 1 removed ! I'll go along with Pop Tart on this one. To much money to be flushing down the toilet for this to continue ?! Algorithms out of control or just plain fear running wild ?!
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@Simon: First I've heard of 200 week sma . Upon googling I did find some reference . Closest I could get was from 1950 to 2010. Could or would you furnish a more updated chart or graph.
Always ready to learn something n…
@hank: With all the scotch that goes down the pie hole here at MFO. I'm sure Diageo will survive !!
I did a little buying today & will see what Tuesday brings. I'm thinking of taking RMD & buying a bit more.
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Returned from daily read & would like to add some additional info as per WSJ.
YTD closing as of Friday show value being a bigger loser across the board, (large-mid-& small cap). I thought this would perform in just the opposite way , …
@Mona: thanks for your post. A number of years back, I got flagged at VG. over a small 4 figure amount. I guess it was more of a warning than anything else . I had recently opened the account. Thanks for mentioning the qualifying amount then selli…
@FD1000 : A question ,when you have time. Do you have back-up plan if Fed keeps dropping interest rate. I came across article in WSJ, Tue. or Wed. which laid out that question.
Thank you, Derf
@Crash : Stay cool !! What would a first time visitor think of this site & reading your comment. MFO needs all the help it can get retaining newbies !?
Not the police, Derf
P.S. Have you ha…
FWIW : I came upon article in WSJ which stated Purell was selling for over $100 for two 8 oz. bottle . Prior to out break the cost was less than $8.00 for the two.
I can't verify this in my local. Checked Amazon & didn't find any over a $…
@MikeM: It seems to me that you promote of recommend target date funds from time to time. Do you own any TDF's ? I have a small % of taxable TDF's at Vanguard & recently added to Retirement income.
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