*Investors Blog*
- Thread starter Warstud
- Start date
META is looking pretty... but ... well ... how more much sweet will it look?
We talk about Bitcoin. It's up after this down fall 50% in the last five years. I always liken Tesla to it because Tesla is about 50% higher than 5 years ago too. Both very speculative.
JHZR2
Staff member
I dont trust anything much. When I own a stock, sometimes it's nice to hear but I never buy a stock based on a published price target.
Call me a skeptic OR Stupid *LOL*... but when they publish those targets, to me, that means there is a good chance all the big guys already got in. Typically I like to own (and many times I do) before those targets are published.
I am getting antsy now but reading this thread and feel like I need to buy META back already right before the closing bell but I think I will sit back and wait for that feeling to pass. Only 5 minutes to go for the closing bell and weekend
It's no secret that I love the company, I figure I might have time since they are going to spend 300 billion dollars before the fruit of that becomes reality, if ever. However, long term, well, if I dont see anything better in the coming weeks or months or just the right price at anytime. I wouldnt have a problem getting back in.
I mean a few BILLION people on this planet use their services, soon they will be into subscription services too (im on the fence with that) biggest advertising platform in the world, wow factor in advanced sunglasses you can text from or see GPS mapping ..
I just talked myself back into buying it again, oh wait! Thank god I cant the market is now closed
Last edited:
Hey guys, I can't read through 440 pages... I'm getting some conflicting advice. I'm retiring soon and want a 40/60 split between stocks and bonds. Do I put more stocks in my 401k/IRA and higher bond % in my post tax account or vice versa? I've seen both recommended. One guy told me to put the lower risk stuff in my IRA for tax advantages and the higher risk stock ETFs in my post tax, while other advice says to put the higher risk stocks in the IRA to let it grow and accumulate possible dividends tax free. What is your advice?
- Joined
- Jul 18, 2022
- Messages
- 588
For the individual stock pickers/buyers in the group. Why is this your strategy?
Im a 100% mutual fund only buyer. For various reasons. Interested to hear from the individual stock pickers.
Im a 100% mutual fund only buyer. For various reasons. Interested to hear from the individual stock pickers.
- Joined
- Jul 18, 2022
- Messages
- 588
Which account you put them has more to do with your age, when you need to access the money, the cost to rebalance(do you trigger capital gains to get to your new target balance), do the assets generate significant capital gains, are you going to spend all the money or pass it on to someone else, your current and future expected tax rates.
Consider taking a simple approach where you buy funds that hold the 60/40 split. For example FBALX is the fidelity balanced fund. It is exactly this strategy.
TLDR
Just kidding.This sounds more like tax questions rather than investing ideas since you have already decided on the 40/60 split.
You probably should get help because its not a general question - it depends on specifically what you hold and for how long.
Not all bonds are created equal - ie treasuries have no state income tax, and muni's don't get taxed at all, but they pay very low so unless you have a really high tax bill in a high tax state likely don't make sense.
If your holding equities you don't pay gains until you sell - there unrealized. Might have been why they said keep those out. But then you might be tempted to hold a looser rather than sell which makes no sense to me. You will pay gains on the dividend, even if you DRIP it.
For the bonds if your planning on using the yield to live off of then it would make no sense to keep them in a sheltered account anyway because you would be pulling the yield out to live.
Most tax deferrals only matters mathematically if you take them out at a time when your tax bill is lower - or transfer them to a heir on death possibly tax free.
Last edited:
I'm not. I'm multi diversified. For various reasons.
I am happy to hold ETF's much of the time, if I have no better idea's. However if your willing to do the homework - which I find personally interesting, then I would rather choose what sectors / industries I am going to hold at particular points in the business cycle, and when I do I want to hold best in class, or best value in class, or whatever, not just a market weighted group.
Sometimes individual investments have such a compelling case on their own I am happy to own them. I have no need for fixed income, but there are times I will own long bonds purely for capital appreciation / speculation - for example.
I would seek professional advice. While there is lots of great advice on this forum, I think this is something to get professional help. The risks are far too great to make mistakes. Im about 6-7 years away from retirement and I'm meeting with Fidelity next week for a consultation.
I agree to a point
I know nothing/very little about @Leo99 but the 60/40 model died long ago, but I won't recommend anything, insufficient information given. A simple, but perhaps over the top example. Let's say he's be $5meg plus savings. With $100K Total retirement annual expenses. I would think maybe 60/40 wouldn't sting as much on one hand, but also would allow for a more stock leaning portfolio with age and risk (SWAN) factors weighing in.
As for Fidelity advice. Hmmmmmmmm - I love Fido and use it for over 50% of wife and I savings, but they always seem to bond heavy for me. Now that might be OK to buy some bonds, but if you followed their bond fund recommendations in the last X years, you would have been burned.
The wife and I met with a Fidelity guy two weeks ago and sort of settled on 40/60 bonds/stocks as my risk tolerant sweet spot. I don't want my mood for the day to be linked to the stock market. Or maybe you get used to that in retirement? 5% of of our assets annually will give us just about what we take home while working so should make for a comfortable retirement. But we don't have much wiggle room there. I'd rather be conservative and lose some potential gains as long as we meet our goals. What does $5meg mean?
$5,000,000+. Savings total (assets NOT included)
How old are you?
Some say 5% drawdown is too much, for example. (NOT a recommendation either way)
I fired Fidelity. They sold me an annuity.
Wife and I are 63. Looking at an approximately 4.6% drawdown to meet out budget. Have 6 more months to grow the nest egg.
