JHZR2
Staff member
Thinking to take profits on glw. Has increased a ridiculous amount. But I don’t want to sit in cash assuming a correction or drop.
What to do… what to do…
What to do… what to do…
*Investors Blog*
- Thread starter Warstud
- Start date
It depends on how much percent of portfolio and taxes
Pretty impressive. Easy for me to say. Depends what your goals are. I turned 70K gld/slv/gltr into 160K in 1 1/2 years. So I took 100+ K in profits knowing that I probably could have run it up a lot further. Then again its money that I don't really "need"
I’ve been taking profits and near all time highs.
Current ‘mess’ will NOT end well…... especially when things getting worse.
It’s been a great run since early 2020.
*** Edit ***
I sent some PM to a few people letting they know what I think is prudent
Current ‘mess’ will NOT end well…... especially when things getting worse.
It’s been a great run since early 2020.
*** Edit ***
I sent some PM to a few people letting they know what I think is prudent
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Knock it down a notch don’t get this thread closed as well.
The ending might be great you certainly don’t know
I was hoping for a better day. I am ready to all out fade this thing but figured a dead cat bounce is in order. If we couldn't hold 7000 at the peak of AI hysteria I can't imagine what holds it now.
FYI, FSELX paid it's annual CG and dividend today. Looks like $4.47 per share or roughly 9% if my math is correct.
It also paid $2.009 in December or 4.7%.
This mutual fund is paying excellent returns and unbelievable dividends and CGs!
It also paid $2.009 in December or 4.7%.
This mutual fund is paying excellent returns and unbelievable dividends and CGs!
I would expect GLD, SLV, GLTR,, REMX, CENX to continue at minimum of 15% per year. Haven't bet the farm on it but I have bet the "Summer House"on it.
You’ve predicted disaster twice, over the past few years, and both times, it failed to materialize. Staying in the market over the past 6 years has been very good for our portfolio.
JHZR2
Staff member
Of course.
Point intended though is that I’m not sure there are greener pastures.
But SCHG or VOO at still relatively high prices? Buy individual quality tech with beaten down PE? Buy for cash flow after funds like SCHD ran up some months back, and I have a 10+ year timeframe to cash flow college and longer to retire.
So truly what to do what to do…
Buy FAAA, PAAA, JAAA and stand by.
JHZR2
Staff member
Indeed. I own more JAAA and SGOV than I care to right now given “proper” ratios…
Owen Lucas
$100 Site Donor 2023
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Does anyone else's financial advisor keep track of taxes and update you quarterly?
I'm getting a decent sized tax bill for 2025 for owed for quarterly gains. I asked about the strategy here and he said they make so many moves, sales, purchases, that it's hard for them to predict the numbers.
I figured there would be some system that can provide predicted tax info. Advise the client gains = $X so taxes should be $Y + $Z safety buffer to the IRS and State before the quarter. Even if the math is fuzzy, you can overpay a bit to avoid a penatly.
The gains outweigh the taxes by a wide margin, but seems look poor practice.
I'm getting a decent sized tax bill for 2025 for owed for quarterly gains. I asked about the strategy here and he said they make so many moves, sales, purchases, that it's hard for them to predict the numbers.
I figured there would be some system that can provide predicted tax info. Advise the client gains = $X so taxes should be $Y + $Z safety buffer to the IRS and State before the quarter. Even if the math is fuzzy, you can overpay a bit to avoid a penatly.
The gains outweigh the taxes by a wide margin, but seems look poor practice.
Yes; the Schwab Wealth Advisory team takes this into account and advises with tax-advantaged strategies. Of course everything is a trade off...
Owen Lucas
$100 Site Donor 2023
- Joined
- Sep 5, 2021
- Messages
- 4,813
My guy uses Charles Schwab for all of our accounts! I've gotta have another talk with him. My advisor, not Charles.
Yes.
I was wrong twice.
That doesn’t mean I wasn’t making money. I’m sticking to my game plan.
I’ve posted screenshots of my trades and the last one ($100K+) mysteriously got deleted cause someone complained.
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Forgive me if I sound like I am undermining your investing acumen - I am not - you have done extremely well.
However, I don’t share your pessimism, in this case.
I appreciate your previous cautions - I read everything you post.
None of us has a crystal ball, and we all have our investing methodology. In my case, the frequent buyers and sellers scare me. But that's just me.
Regardless, the market has been good to most who have been in it. Strike a regression line on the S&P since about 2009, which was the bottom. But go back further to flatten the slope somewhat, but you get the point; it's been on an unpreccented tear.
Of course tech is the driver as evidenced by the Magnificent 7.
Regardless, the market has been good to most who have been in it. Strike a regression line on the S&P since about 2009, which was the bottom. But go back further to flatten the slope somewhat, but you get the point; it's been on an unpreccented tear.
Of course tech is the driver as evidenced by the Magnificent 7.
Well said. The written word is easily misunderstood and/or taken out of context. A few kind words goes a long way; I will take a lesson.
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