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PoindexterOglethorpe

(28,116 posts)

37. I am older. 75 now.

Fri Dec 15, 2023, 01:07 PM

Dec 2023

The advice about going mostly or even all to bonds is seriously outdated, and is not made any more.

Especially as we live longer. As a 75 year old woman I will likely live another 13 years. If I make it to 88, I may well live another 5 years. And so on. Look at this: https://www.annuityadvantage.com/resources/life-expectancy-tables/

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Dow rallies more than 500 points to record, closes above 37,000 for the first time [View all] brooklynite Dec 2023 OP

"bUht thE bIDeN EcONomY!!!1" nt EarthFirst Dec 2023 #1

I know. COL Mustard Dec 2023 #21

People complain about food prices yet restaurants are full every day, people are doc03 Dec 2023 #2

But but I heard Biden was severely cutting oil production!!!1111 Shermann Dec 2023 #3

I know that's what I've been saying, all I see is people spending money hand over fist Walleye Dec 2023 #10

Put your 401K into cash! (Just kidding) Johnny2X2X Dec 2023 #4

That is what people told me in 2009, I stayed in and market went up 280% doc03 Dec 2023 #7

That's why so many MAGATs are pissed off. Mr.Bill Dec 2023 #12

That's honestly part of it. Johnny2X2X Dec 2023 #14

If they're watching Faux News COL Mustard Dec 2023 #22

Most of the Maga folks really don't have the capital to invest. ashredux Dec 2023 #35

Trying to time the market is a total fool's game. PoindexterOglethorpe Dec 2023 #13

Stocks are high now, bonds are cheap, and interest on money markets is good IronLionZion Dec 2023 #16

Blended target retirement funds are solid Johnny2X2X Dec 2023 #17

This wasn't terrible advice. Calista241 Dec 2023 #24

It's an unprecedented situation Johnny2X2X Dec 2023 #26

I love a good Santa Claus rally! Tomconroy Dec 2023 #5

We always get major sell offs in August and September. Yavin4 Dec 2023 #20

Dow Closes at Record High Despite Terrible Biden Economy Prairie Gates Dec 2023 #6

Seriously the MSM will probably use a line like that. nt doc03 Dec 2023 #8

Right Wingers are shook at this news Johnny2X2X Dec 2023 #25

When Orange Julius was spouting about "fire and fury like the world has never seen" I got out. I'm OK with Evolve Dammit Dec 2023 #9

I'm a senior and I'm cheerfully in the market. PoindexterOglethorpe Dec 2023 #15

My goal is to have 17% of my investments in stocks by the age of 70. LudwigPastorius Dec 2023 #19

That is far too low. PoindexterOglethorpe Dec 2023 #31

Well, inflation is down, and you can still get treasuries and insured CDs yielding 5%. I suggest you take a look... ashredux Dec 2023 #23

I reasonable portion of my portfolio is in safe, interest-bearing instruments. PoindexterOglethorpe Dec 2023 #33

I hope your optimism serves you well. Evolve Dammit Dec 2023 #30

Yes, I've always been an optimist. PoindexterOglethorpe Dec 2023 #32

You're correct, but it all depends on your timeline. Ages a very big factor. As one gets older, begin shifting.... ashredux Dec 2023 #34

I am older. 75 now. PoindexterOglethorpe Dec 2023 #37

Ridin' with Biden! Dow Jones link in text. TeamProg Dec 2023 #11

I'm hoping lots of Republicans missed out IronLionZion Dec 2023 #18

Stock market isn't for everyone, daytrading is for fewer still. BUT NoMoreRepugs Dec 2023 #27

Dark Brandon is taking credit for Bidenenomics LetMyPeopleVote Dec 2023 #28

Well that has got to PO the republicans republianmushroom Dec 2023 #29

If you broaden your horizon a bit to look outside the US of A . . . Aussie105 Dec 2023 #36

Historically, market does better under Democratic administrations hibbing Dec 2023 #38

NYT: Stock market at record highs. Why this is bad news for Biden Happy Hoosier Dec 2023 #39