Any 50+ year olds buying?

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Topic Author
Marbella
Posts: 9
Joined: Mon Dec 31, 2018 10:26 am

Any 50+ year olds buying?

Post by Marbella » Wed Mar 11, 2020 11:03 am

Similar to other threads about this being a buying opportunity, I am curious about those like me, over 50 with a retirement time frame of 10 years or less.

Has anyone in this category changed their Individual investment plans and increased stock holdings? If so, why?

Tdubs
Posts: 1033
Joined: Tue Apr 24, 2018 7:50 pm

Re: Any 50+ year olds buying?

Post by Tdubs » Wed Mar 11, 2020 11:05 am

I've changed my payroll contributions to 100% equities. If nothing else, it will help rebalance my portfolio and allow me to make small buys across the whole bottom of this downturn.

User avatar
Sandtrap
Posts: 10962
Joined: Sat Nov 26, 2016 6:32 pm
Location: Hawaii No Ka Oi , N. Arizona

Re: Any 50+ year olds buying?

Post by Sandtrap » Wed Mar 11, 2020 11:06 am

Not changing a thing.
Why?
I have more to lose than to gain by changing my long term financial plans.
I understand that behavioral and reactive issues are the highest danger to a portfolio.

j :happy
Last edited by Sandtrap on Wed Mar 11, 2020 11:07 am, edited 1 time in total.
Wiki Bogleheads Wiki: Everything You Need to Know

Call_Me_Op
Posts: 7839
Joined: Mon Sep 07, 2009 2:57 pm
Location: Milky Way

Re: Any 50+ year olds buying?

Post by Call_Me_Op » Wed Mar 11, 2020 11:06 am

Continuing biweekly buying in 401k and considering additional taxable purchases toward rebalancing.
Best regards, -Op | | "In the middle of difficulty lies opportunity." Einstein

User avatar
watchnerd
Posts: 5981
Joined: Sat Mar 03, 2007 11:18 am
Location: Seattle, WA, USA

Re: Any 50+ year olds buying?

Post by watchnerd » Wed Mar 11, 2020 11:09 am

Marbella wrote:
Wed Mar 11, 2020 11:03 am
Similar to other threads about this being a buying opportunity, I am curious about those like me, over 50 with a retirement time frame of 10 years or less.

Has anyone in this category changed their Individual investment plans and increased stock holdings? If so, why?
I'm 49, turn 50 in April. Planning to retire early in 2-5 years.

This will be my first year of elevated 401k "catch up" limits.

No change in our plans, AA, or contributions.

Buying in tax-deferred, ESPP, and taxable accounts.
70% Global Market Weight Equities | 15% Long Treasuries 15% short TIPS & cash || RSU + ESPP

50ismygoal
Posts: 229
Joined: Tue Jun 24, 2014 6:41 am

Re: Any 50+ year olds buying?

Post by 50ismygoal » Wed Mar 11, 2020 11:10 am

I retired 3 years ago, at age 50, with a 50/50 portfolio. At the highs in February, my portfolio was actually closer to 47/53. Since this panic started I’ve slowly sold bonds and bought stocks, and now I’m around 53/47. I’ll continue to buy stocks (VOO) and sell bonds (BIV) in my IRA as stocks continue to drop. When we can back to the highs, I’ll reverse course.

vipertom1970
Posts: 770
Joined: Fri Jun 21, 2019 7:06 pm

Re: Any 50+ year olds buying?

Post by vipertom1970 » Wed Mar 11, 2020 11:13 am

I am 50 yo retiree and shifting form 60/40 to 100/0. So far I bought 225k at -12%(DOW 25,400) and 125K at -19%(Dow 23,900). My next move is DOW 20k then all in at DOW 17K-18K. My withdraw rate is <1.5% and very flexible.

User avatar
max12377
Posts: 157
Joined: Tue Jul 15, 2008 4:02 pm

Re: Any 50+ year olds buying?

Post by max12377 » Wed Mar 11, 2020 11:15 am

I'm buying in small increments. Also doing some Tax Loss Harvesting if the opportunity presents itself.

User avatar
Tim_in_GA
Posts: 395
Joined: Wed Jun 08, 2011 9:42 am

Re: Any 50+ year olds buying?

Post by Tim_in_GA » Wed Mar 11, 2020 11:16 am

I'm 50 and plan to retire in 7 years. AA is 75/25 and the only thing I have done differently lately is put more into my Roth IRA over the past week instead of DCA in equal amounts monthly. If the S&P500 drops enough I will rebalance, and if it really tanks I will go 100% stock for my 401k contributions going forward (which over a short time is small compared to my total savings).

JiggyWillis
Posts: 48
Joined: Sun Jan 14, 2018 1:17 am

Re: Any 50+ year olds buying?

Post by JiggyWillis » Wed Mar 11, 2020 11:26 am

No, but getting an itchy trigger finger. Age 50 with 10-15 years of accumulation remaining, assuming business performance, heath, etc. We have been underweight equities for about 6 months due to some capital moving around for RE purchases. The Bull just does not want to die. When/if it does, that will probably motivate me to pull the trigger and start buying.

User avatar
firebirdparts
Posts: 1559
Joined: Thu Jun 13, 2019 4:21 pm

Re: Any 50+ year olds buying?

Post by firebirdparts » Wed Mar 11, 2020 11:42 am

I am buying on paydays, of course, but I am trying to wait until April 1 (quarterly) to buy anything significantly more.
A fool and your money are soon partners

260chrisb
Posts: 510
Joined: Wed Apr 28, 2010 7:26 pm

Re: Any 50+ year olds buying?

Post by 260chrisb » Wed Mar 11, 2020 11:49 am

Yep, two years from retirement. Buying as it relates to my IP in my 401K, Roth, and Taxable accounts. I've got my first 2-3 years of retirement protected, plan to protect my 4th late this year provided favorable market conditions, and may build cash in my 401K in late 2021 and early 2022 to prevent selling at market lows. Buying indeed.

dave_k
Posts: 401
Joined: Sat Dec 26, 2015 8:25 pm

Re: Any 50+ year olds buying?

Post by dave_k » Wed Mar 11, 2020 11:57 am

I'm only 48, but may (semi?)retire in the next few years. I have been and still am contributing to my 401k with mostly stocks, but I've been buying mostly (muni) bonds rather than stocks in taxable in the last couple years to gradually increase the bond allocation. I plan to buy some stocks if/as the market drops, since I now have more bonds and cash than I need. Also planning to sell a house soon without buying another, and much of the proceeds will go into stocks, likely DCA over months.

rich126
Posts: 1533
Joined: Thu Mar 01, 2018 4:56 pm

Re: Any 50+ year olds buying?

Post by rich126 » Wed Mar 11, 2020 12:04 pm

I'm more watching and waiting for things to settle down, which I don't expect to happen for a while. I'd expect lower lows since the bounces seem to be when people who are scared (or I guess conservative) use to cash out.

I'm not overly optimistic for the future. It won't be this bad but you don't have a robust economy, housing is largely kept going by extreme low mortgage rates, bond rates are reaching a bottom, etc.

Cash provides opportunities to pounce when things are really bad but obviously you won't make much/any interest on it right now. Stocks eventually will bounce back some but depending on politics, population growth (if any), etc. I'm not sure what the future holds. Maybe those folks who bought a fixed annuity when the rates were high will be quite happy, hard to say.

I will buy some individual stocks at some point but I can't imagine we are at the bottom with many states have no or very few cases. I'm in Arizona and while there have been a few cases, it has been mostly a non-factor but with the number of retirees I find it hard to believe it will pass us by unless warm weather is a big factor.

My view is, if in doubt, sit it out. I took some profits with some options (maybe too soon) and made some money like others with long term treasuries but it doesn't cancel the losses in the market.

I am hoping to retire in about 3 years with a small pension and my savings.

DesertDiva
Posts: 843
Joined: Thu Mar 01, 2018 12:49 pm
Location: In the desert

Re: Any 50+ year olds buying?

Post by DesertDiva » Wed Mar 11, 2020 12:11 pm

I wrote my IPS with the expectation that markets would either go up or down. Therefore, I'm not doing anything differently than I've been doing.

User avatar
David Jay
Posts: 8624
Joined: Mon Mar 30, 2015 5:54 am
Location: Michigan

Re: Any 50+ year olds buying?

Post by David Jay » Wed Mar 11, 2020 12:18 pm

Yes, I have moved about 4% of my portfolio from bonds to stocks over the last week. (Age 62, retired)
Prediction is very difficult, especially about the future - Niels Bohr | To get the "risk premium", you really do have to take the risk - nisiprius

User avatar
Portfolio7
Posts: 841
Joined: Tue Aug 02, 2016 3:53 am

Re: Any 50+ year olds buying?

Post by Portfolio7 » Wed Mar 11, 2020 12:20 pm

No, not yet. I am in my early 50's. I think/hope I've got 5 years until retirement, but it could be 7 or 8.

My IPS specifies a process and time frame for this kind of change when markets decline substantially. In a little over a week I will consider whether to sell some bonds and buy some equities, or vice versa, based on their valuations. As things are now, I'll probably not buy or sell anything, but I'll have to do the math when I get there. I see this as an opportunity to buy at sale prices, but so far it's a modest opportunity for a variety of reasons, and it carries some risks.
"An investment in knowledge pays the best interest" - Benjamin Franklin

boglefannyc
Posts: 47
Joined: Fri May 06, 2016 2:10 pm

Re: Any 50+ year olds buying?

Post by boglefannyc » Wed Mar 11, 2020 12:26 pm

I'm 59.5, retired 3 years ago. My pension and DW's PT job more than covers our current expenses. We are making a bi-weekly contribution to DW's Roth IRA as she earns the income. These days, who knows how stable one's employment is or we would have lump summed the full amount. After hers is filled, we will make my Roth contributions.

We moved from a HCOL to MCOL last summer. We have been gradually raising our allocation from 50/50 to 60/40 using proceeds from selling the old home and buying a cheaper one. Our cancelled vacation plan funds are being invested in taxable.

metalworking
Posts: 223
Joined: Sun Jan 03, 2016 9:20 pm

Re: Any 50+ year olds buying?

Post by metalworking » Wed Mar 11, 2020 12:28 pm

I am getting to the point where i can sell some of my old active mutual funds that i haven't contributed to for years and not face significant taxable gains. I will move them into total stock market index fund. I must admit i am tempted to hold the funds in a money market account until S&P hits 2500. :oops:

J295
Posts: 2447
Joined: Sun Jan 01, 2012 11:40 pm

Re: Any 50+ year olds buying?

Post by J295 » Wed Mar 11, 2020 12:28 pm

60. Retired. 50/50 allocation. No buying. No changes.

grettman
Posts: 565
Joined: Mon Sep 29, 2014 1:47 pm

Re: Any 50+ year olds buying?

Post by grettman » Wed Mar 11, 2020 12:30 pm

Almost 50. 90/10 allocation. Buying when payroll hits.

Not changing a thing.

wolf359
Posts: 2155
Joined: Sun Mar 15, 2015 8:47 am

Re: Any 50+ year olds buying?

Post by wolf359 » Wed Mar 11, 2020 1:07 pm

Tdubs wrote:
Wed Mar 11, 2020 11:05 am
I've changed my payroll contributions to 100% equities. If nothing else, it will help rebalance my portfolio and allow me to make small buys across the whole bottom of this downturn.
+1
This is my strategy as well. All new money is invested as 100% equities.

When the world is unsettled, it's also easier to cut back on spending. If we save something, I lock in the savings by getting it out of the bank account and into the market (so that in my mind it's "spent.")

No big changes -- we're already investing routinely.

CFR
Posts: 72
Joined: Sun Jan 22, 2017 1:35 pm

Re: Any 50+ year olds buying?

Post by CFR » Wed Mar 11, 2020 1:12 pm

I have been buying. I had money on the sidelines, mainly due to a bit of laziness. Almost done with that. I was at about 68/32 roughly at mid 50's. I know people think it is aggressive, and they are probably right. But I intend on continuing to re-balance on the way down.

Edit: As to why? I guess why not. I have an IPS in my head and am basically sticking to it. No changes planned. I also think this is a corona virus thing and will subside reasonably soon. I am not one of those running out and buying two years worth of toilet paper. The economic effects are real but like all things they are temporary.

vipertom1970
Posts: 770
Joined: Fri Jun 21, 2019 7:06 pm

Re: Any 50+ year olds buying?

Post by vipertom1970 » Wed Mar 11, 2020 1:23 pm

yes, I set to buy another 25K Total market today.

Jack FFR1846
Posts: 12007
Joined: Tue Dec 31, 2013 7:05 am
Location: 26 miles, 385 yards west of Copley Square

Re: Any 50+ year olds buying?

Post by Jack FFR1846 » Wed Mar 11, 2020 1:47 pm

63

401k maxing and all to S&P 500
Just got the call from the CPA...getting enough to fund my and DW Roth ($14k total) and will go to something.....whatever we're already doing in each Roth. Some stock fund.
Bogle: Smart Beta is stupid

veggivet
Posts: 809
Joined: Sun Jan 25, 2015 1:07 pm
Location: New England

Re: Any 50+ year olds buying?

Post by veggivet » Wed Mar 11, 2020 1:52 pm

Yup, nibbling on the big down days with cash from a CD that matured in early March. Retired for a couple of years at this point, 85/15 with 3 years of expenses in 'cash'.
If you watch your pennies, your dollars will take care of themselves.

Random Walker
Posts: 4512
Joined: Fri Feb 23, 2007 8:21 pm

Re: Any 50+ year olds buying?

Post by Random Walker » Wed Mar 11, 2020 2:11 pm

Sandtrap wrote:
Wed Mar 11, 2020 11:06 am
Not changing a thing.
Why?
I have more to lose than to gain by changing my long term financial plans.
I understand that behavioral and reactive issues are the highest danger to a portfolio.

j :happy
You are a seriously wise dude! :-)

Dave

theorist
Posts: 630
Joined: Sat Sep 28, 2019 11:39 am

Re: Any 50+ year olds buying?

Post by theorist » Wed Mar 11, 2020 2:16 pm

Turning 50 this year, so maybe I qualify!

We are shoveling in a total of about 4K per week to the market, but haven’t changed the rate or our allocation (70/30) due to recent events. I’m selling an old house later this year which will add some more liquidity, maybe I’ll invest that as soon as its sold.

bamajames
Posts: 91
Joined: Mon Aug 12, 2013 4:14 pm

Re: Any 50+ year olds buying?

Post by bamajames » Wed Mar 11, 2020 2:28 pm

I am 69 retired at 50. I rebalanced two percent when down 12 percent. No plans to go further.
Good luck

Turkishcoffee
Posts: 43
Joined: Sat May 25, 2019 5:16 pm

Re: Any 50+ year olds buying?

Post by Turkishcoffee » Wed Mar 11, 2020 2:33 pm

Months ago I went to 57/43 allocation

With the drop i now have $2.7M total and Im trying to retire in 5 years with $125k/year to live on.

I now am seriously contemplating upping the stock portion of my portfolio. I have no idea where the bottom is and I have a hunch we have a ways to go down, but all i know i stocks were significantly cheaper than 60 days ago and likely will be much higher 7 years from now.

MathWizard
Posts: 4142
Joined: Tue Jul 26, 2011 1:35 pm

Re: Any 50+ year olds buying?

Post by MathWizard » Wed Mar 11, 2020 2:38 pm

Over 60.

I will be buying. I reinvest dividends in tax advantaged.
I'm not quite at rebalancing bands yet, and I will be buying then.

One of us (my wife and I) will likely be around for 30+ years, so
we need money in stocks.

I pushed all in (100% equities) 11 years ago about this time, and was over 50 at that time.

User avatar
Ramjet
Posts: 337
Joined: Thu Feb 06, 2020 11:45 am

Re: Any 50+ year olds buying?

Post by Ramjet » Wed Mar 11, 2020 2:45 pm

vipertom1970 wrote:
Wed Mar 11, 2020 1:23 pm
yes, I set to buy another 25K Total market today.
I thought you were 100% equity w/ 2-3 emergency fund

Are you rebalancing out of your emergency fund cash to equity?

Not being critical, just curious

User avatar
billthecat
Posts: 500
Joined: Tue Jan 24, 2017 2:50 pm

Re: Any 50+ year olds buying?

Post by billthecat » Wed Mar 11, 2020 3:02 pm

I am 50+ and the recent selloff disrupted my 60/40 AA across all accounts, although not by a lot. On Friday I bought some equity, then on Monday I bought some more, to bring it in line with 60/40.

Right now I’m at 59.97/40.03 (!), so just holding.

Over the last couple of weeks I lost 300k+, which is just awful because I was right on the cusp of having enough.
Last edited by billthecat on Wed Mar 11, 2020 9:46 pm, edited 2 times in total.
We cannot direct the winds but we can adjust our sails.

DaftInvestor
Posts: 5376
Joined: Wed Feb 19, 2014 10:11 am

Re: Any 50+ year olds buying?

Post by DaftInvestor » Wed Mar 11, 2020 3:07 pm

I decreased a bit not to long ago but only because I decided to slide from a 70/30 allocation to a 65/35 allocation once in my 50s.
When I hit 60 I plan to go 60/40 then down to 50/50 around 65-70.
I keep buying. I've been tempted to move back to 70/30 given the slump but haven't.

vipertom1970
Posts: 770
Joined: Fri Jun 21, 2019 7:06 pm

Re: Any 50+ year olds buying?

Post by vipertom1970 » Wed Mar 11, 2020 3:37 pm

Ramjet wrote:
Wed Mar 11, 2020 2:45 pm
vipertom1970 wrote:
Wed Mar 11, 2020 1:23 pm
yes, I set to buy another 25K Total market today.
I thought you were 100% equity w/ 2-3 emergency fund

Are you rebalancing out of your emergency fund cash to equity?

Not being critical, just curious
I will never use EF to buy equites but long story short, I was in 100% equities from 1995 up to July 2019 then drank the bond Kool-Aid when I retired 6 months ago but realized it's not for me so I am going back to 100% equities. I sold all bonds before the correction and was going to buy a rental house but it's much easier to buy equites in correction or big dip than buying a house.

User avatar
tetractys
Posts: 4830
Joined: Sat Mar 17, 2007 3:30 pm
Location: Along the Salish Sea

Re: Any 50+ year olds buying?

Post by tetractys » Wed Mar 11, 2020 3:50 pm

Marbella wrote:
Wed Mar 11, 2020 11:03 am
Similar to other threads about this being a buying opportunity, I am curious about those like me, over 50 with a retirement time frame of 10 years or less.

Has anyone in this category changed their Individual investment plans and increased stock holdings? If so, why?
I'll be retiring in a year and a half or so, and I still invest towards my normal allocation. A couple years ago in prep for retirement I changed my allocation from 25/75 to 40/60 bonds/stocks. I also consolidated some assets, like REITS into a larger small value allocation, and emerging markets and international small value into a larger total international allocation.

But I wouldn't do anything drastic like that at this time. I'd wait until later when the markets recover and your on the home stretch to retirement. NOW is the time to retain one's allocation, possibly rebalancing, and definitely buying when possible. -- Tet
Last edited by tetractys on Wed Mar 11, 2020 3:52 pm, edited 1 time in total.

User avatar
Ramjet
Posts: 337
Joined: Thu Feb 06, 2020 11:45 am

Re: Any 50+ year olds buying?

Post by Ramjet » Wed Mar 11, 2020 3:51 pm

vipertom1970 wrote:
Wed Mar 11, 2020 3:37 pm
Ramjet wrote:
Wed Mar 11, 2020 2:45 pm
vipertom1970 wrote:
Wed Mar 11, 2020 1:23 pm
yes, I set to buy another 25K Total market today.
I thought you were 100% equity w/ 2-3 emergency fund

Are you rebalancing out of your emergency fund cash to equity?

Not being critical, just curious
I will never use EF to buy equites but long story short, I was in 100% equities from 1995 up to July 2019 then drank the bond Kool-Aid when I retired 6 months ago but realized it's not for me so I am going back to 100% equities. I sold all bonds before the correction and was going to buy a rental house but it's much easier to buy equites in correction or big dip than buying a house.
Makes sense

Rus In Urbe
Posts: 635
Joined: Sat Dec 09, 2017 2:12 pm

Re: Any 50+ year olds buying?

Post by Rus In Urbe » Wed Mar 11, 2020 4:00 pm

*
Yes, I'm in the buying mode due to a wildly weird piece of timing-luck.

I'm 64, retired in December and had us at a comfortable 50/50 AA overall (across several funds). In early Feb, I initiated a rollover from an aggressive 70/25 403b fund to an IRA, which necessitated selling all the equities and converting them to cash. While waiting for it to settle, I went on an international vacation (not Italy or China, thank heavens) and of course didn't touch accounts on insecure wifi while away. So I get back to find I'm now at overall 30/70 with a big wad of cash to re-deploy to get us back to our AA. Sheer dumb luck.

I'm wishing every Boglehead a bit of luck in these weird and strange times! Cheers! :beer Rus.
I'd like to live as a poor man with lots of money. ~Pablo Picasso

AJS
Posts: 72
Joined: Sat May 14, 2011 6:56 pm

Re: Any 50+ year olds buying?

Post by AJS » Wed Mar 11, 2020 4:04 pm

Yes, I am still working and I plan on making regular contributions to my 401a, 403b, and 457 retirement plans. My targeted allocation is 65%-70% stocks and that will not change. I rebalance once a year near the end of the calendar year, which will not change. With any extra cash, I purchase VTI (Total Stock Market) ETF once a month (1st business day) for dollar cost averaging. I do this and will continue to this regardless what happens. I plan on retiring in 10 years so I am not concerned at all. If I have to work longer than that, then so be it. Good luck to all the 50+ bogleheads!
The sea was angry that day my friends...

Engaging in sloth
Posts: 40
Joined: Sun Aug 11, 2019 5:38 pm

Re: Any 50+ year olds buying?

Post by Engaging in sloth » Wed Mar 11, 2020 4:43 pm

Age 59, retiring in May. Did add to Roth last week, but also took profits from s&p 500 taxable account. We will likely buy a more expensive house and did not want the $ subjected to this recent market insanity.

rkhusky
Posts: 9444
Joined: Thu Aug 18, 2011 8:09 pm

Re: Any 50+ year olds buying?

Post by rkhusky » Wed Mar 11, 2020 4:50 pm

Continuing to rebalance, trying to maintain my AA. If we keep getting these 5% swings, I may have to get more aggressive, and take advantage of the panic selling.

MoneyMarathon
Posts: 992
Joined: Sun Sep 30, 2012 3:38 am

Re: Any 50+ year olds buying?

Post by MoneyMarathon » Wed Mar 11, 2020 5:08 pm

Random Walker wrote:
Wed Mar 11, 2020 2:11 pm
Sandtrap wrote:
Wed Mar 11, 2020 11:06 am
Not changing a thing.
Why?
I have more to lose than to gain by changing my long term financial plans.
I understand that behavioral and reactive issues are the highest danger to a portfolio.

j :happy
You are a seriously wise dude! :-)
Definitely.

kilkoyne
Posts: 128
Joined: Thu Jul 20, 2017 10:38 am

Re: Any 50+ year olds buying?

Post by kilkoyne » Wed Mar 11, 2020 5:21 pm

Mid 50's and sold property last year. I have been slowly adding to my taxable account buying mutual funds. I am not trying to time the market but when I see 5-7% down day I can't help but to buy.

Candor
Posts: 279
Joined: Sat May 28, 2011 4:25 pm

Re: Any 50+ year olds buying?

Post by Candor » Wed Mar 11, 2020 5:26 pm

52 with approximately 50/25/25 AA. I purchased a chunk when the S&P was down 7.5% which was obviously premature and another purchase when it hit -18.9%. The two purchases represent 20% of my bonds. I plan to keep buying with up to 50% of my bonds if the market continues its downward trend and then I will reassess if I want to hold there or continue buying with the rest of the bonds. I purchased the bonds late last year and I will not need them until 60+ so I feel pretty confident I will come out ahead but if not I will not loose any sleep over it.

User avatar
Sandi_k
Posts: 1321
Joined: Sat May 16, 2015 11:55 am
Location: SF Bay Area

Re: Any 50+ year olds buying?

Post by Sandi_k » Wed Mar 11, 2020 5:34 pm

54, and no changes - buying on paydays.

UpperNwGuy
Posts: 3642
Joined: Sun Oct 08, 2017 7:16 pm

Re: Any 50+ year olds buying?

Post by UpperNwGuy » Wed Mar 11, 2020 5:40 pm

Late 60s. Not buying. I only buy on the first of the month. Ask me again on April 1.

remomnyc
Posts: 841
Joined: Mon Jan 04, 2016 4:27 pm

Re: Any 50+ year olds buying?

Post by remomnyc » Wed Mar 11, 2020 5:56 pm

53 at 55/45. TLH'd today. Funded my annual expenses in January. Sold some bonds this week and set some limit buys that haven't triggered. Will rebalance with dividends and CD maturing in July.

The Casualty
Posts: 97
Joined: Sun Oct 24, 2010 9:09 pm

Re: Any 50+ year olds buying?

Post by The Casualty » Wed Mar 11, 2020 6:24 pm

63 and DW 69. Both retired our AA is 50/50. Pension and SS will pay all our overhead so no need to sell. Having RMD's pushed back to 72 gives us even more room to wait this out. Not buying but reinvesting all dividends / cg's. Only concern is what this will do to assets in the pension funds.

victw
Posts: 156
Joined: Sat Feb 20, 2016 4:07 pm

Re: Any 50+ year olds buying?

Post by victw » Wed Mar 11, 2020 6:37 pm

I've made some small buys. All of them too soon. We were about 55/45 before the recent losses. Just slightly over 3.5% SWR - depending on your perspective.

What's amazing is that even with a 20% drop our projected annual income doesn't change that much.

I'd like to buy more but my husband wants a 30% loss before we buy. Based on my little nibbles so far - he's the smarter of the two of us.

Vicki

User avatar
KEotSK66
Posts: 339
Joined: Wed Mar 11, 2020 7:03 pm

Re: Any 50+ year olds buying?

Post by KEotSK66 » Wed Mar 11, 2020 7:09 pm

66, still buying vwiax in my Roth each month.

:moneybag
"i just got fluctuated out of $1,500", jerry

Post Reply