Thank you Consuelo and a big thank you to CB. I loved the minor war about annuities ... some for and some against. Also like CB's thoughts about de-risk of portfolio into retirement.
Great work, thanks for sharing, In your view if all charts and views point to a downward trend, what should we do to protect a portfolio, sell 10%, 20% ,sell more or do nothing?. thanks for your great work
so i have a 30000 a year pension. When i start collecting social security and have RMD, my total taxes will be far more than what i get from my pension. It appears when i run numbers that having a pension is not a value added income stream. My tax bracket increases beyond a break even point.
I detest the idea of working until 70 for the bigger social security, first) do you honestly believe that most employers will keep you on the payroll until 70. Most of us wrestle with corporate greed that says to fire workers in their 50’s to get rid of the higher salary that comes from 30+ years of experience second) I want to enjoy quality time in retirement. As we age our ability to do things is diminished
@@michaelwelch103 I'm not relying on social security. I don't know if I will receive full social security payment when I qualify. Before retirement, have all your debt paid off, no mortgage, no car payments, no credit card debt etc...
Consuelo always tremendous program. My thought on bonds as Christine noted in '22 they failed as in they did Not help temper equity losses, nor did they in 2008. I would consider replacing bond allocation to an annuity which Is guaranteed, in addition could be converted to lifetime guaranteed income. A very good case in many instances could be made for a properly constructed whole life insurance. Which in its essence is a financial instrument which is guaranteed and not subject to market volatility. Diversification critical, all cows don't always give off milk. We like to drink milk, own a number of cows.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direct I should take to help me generate substantial profits like some people are this season.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.,.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
The s&p 500 has returned 479% or 14.9% per year since 2009!! Facts!
What a great book she wrote
Thank you Consuelo and a big thank you to CB. I loved the minor war about annuities ... some for and some against. Also like CB's thoughts about de-risk of portfolio into retirement.
enjoy it while you can😀
Great work, thanks for sharing, In your view if all charts and views point to a downward trend, what should we do to protect a portfolio, sell 10%, 20% ,sell more or do nothing?. thanks for your great work
so i have a 30000 a year pension. When i start collecting social security and have RMD, my total taxes will be far more than what i get from my pension. It appears when i run numbers that having a pension is not a value added income stream. My tax bracket increases beyond a break even point.
Lost decade is more like 2000-2013
I detest the idea of working until 70 for the bigger social security, first) do you honestly believe that most employers will keep you on the payroll until 70. Most of us wrestle with corporate greed that says to fire workers in their 50’s to get rid of the higher salary that comes from 30+ years of experience second) I want to enjoy quality time in retirement. As we age our ability to do things is diminished
you dont have to work till 70- you can start ss at age 70.
@@lalew2 Most married couples need their social security payments as part of their monthly income in retirement.
@@michaelwelch103 I'm not relying on social security. I don't know if I will receive full social security payment when I qualify. Before retirement, have all your debt paid off, no mortgage, no car payments, no credit card debt etc...
Consuelo always tremendous program. My thought on bonds as Christine noted in '22 they failed as in they did Not help temper equity losses, nor did they in 2008. I would consider replacing bond allocation to an annuity which Is guaranteed, in addition could be converted to lifetime guaranteed income. A very good case in many instances could be made for a properly constructed whole life insurance. Which in its essence is a financial instrument which is guaranteed and not subject to market volatility. Diversification critical, all cows don't always give off milk. We like to drink milk, own a number of cows.
As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direct I should take to help me generate substantial profits like some people are this season.
This is about pushing her book. I found it useless. Not because her ideas are bad, because I have read all of these ideas before.
One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $30k of my savings in stocks this year, and I hope I make profits.,.
You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.