Investing General Discussion

Grabbit Allworth

Grabbit Allworth

Ahn'Qiraj Raider
1,804
7,454
Haus said:
If you're not retiring right now and needing to live off that money just keep investing... As the song goes....

:emoji_musical_note:🎶We're playing the same game... as our psychopathic elected elites! That's right, it's the LONG game. So zoom out, and have fantastic day....:emoji_musical_note:🎶
Click to expand...
I'm 48 (wife is 43) and we plan to retire when she is 55. Our collective 401k goal is 2m. We're more than halfway there and will easily exceed it with current contribution and typical rates of yield. Our retirement accounts are relatively balanced, but we do have some high risk/high yield elements, but now is the time for taking risks and we'll trim the risk when we get closer to retirement.


2m isn't a huge amount of money, but you can pull a livable 5-8% off that for a long, long time. Also, it's not our only source of income/net worth. We outright own our home (~400k), have ~100k in high yield savings, another 70k in an IRA, and 40k in cash at the house (dumb, but my wife refuses to let go).

We don't have a single cent of debt and never will. So, between 401k, pension, personal investments, and (reverse mortgage if shit hits the fan) we won't even have to worry about the existence of social security.
 
  • 3Like
Reactions: 2 users
Cad

Cad

scientia potentia est
<Bronze Donator>
26,778
55,703
fris said:
I've heard that, but now I'm hearing the real mfg is still in china, they just ship it to vietnam and there just a 'made in vietnam' sticker gets put on
Click to expand...
There's probably a lot of things assembled in Vietnam from Chinese parts, and also the re-labeling issue. If the assembly is skilled factory work, thats value added, but it's still heavily dependent on Chinese parts.
 
  • 1Truth!
Reactions: 1 user
Haus

Haus

I am Big Balls!
<Silver Donator>
14,682
59,792
Grabbit Allworth said:
I'm 48 (wife is 43) and we plan to retire when she is 55. Our collective 401k goal is 2m. We're more than halfway there and will easily exceed it with current contribution and typical rates of yield. Our retirement accounts are relatively balanced, but we do have some high risk/high yield elements, but now is the time for taking risks and we'll trim the risk when we get closer to retirement.


2m isn't a huge amount of money, but you can pull a livable 5-8% off that for a long, long time. Also, it's not our only source of income/net worth. We outright own our home (~400k), have ~100k in high yield savings, another 70k in an IRA, and 40k in cash at the house (dumb, but my wife refuses to let go).

We don't have a single cent of debt and never will. So, between 401k, pension, personal investments, and (reverse mortgage if shit hits the fan) we won't even have to worry about the existence of social security.
Click to expand...
Yeah, with $2m generating some income, plus whatever will eventually be left of Social Security, if you minimize debt and don't have an expensive lifestyle it's not difficult to get by pretty well. I plan on working until my mid 60's but mostly just because I know I need to be doing something "useful" with myself. Of course, that might involve a downshift into a lower paying but much lower stress gig at some point.

And you have the right take, higher risk and taper off as you get closer in on go time for retirement.
 
  • 1Like
Reactions: 1 user
Gravel

Gravel

Mr. Poopybutthole
41,652
142,654
$2m gives you an $80k annual withdrawal in perpetuity, and that's without any tax if you're married (LTCG doesn't apply until about $100k). With a paid off house, your expenses have gotta be pretty low.
 
  • 2Like
Reactions: 1 users
Arden

Arden

Blackwing Lair Raider
2,867
2,160
Screenshot 2025-04-08 184047 - Copy.png


Busy news night!

Screenshot 2025-04-08 193154 - Copy.png


Someone make a "best of" post from the prepper thread with all the best prepper advice pls.
 
Last edited:
Borzak

Borzak

Silver Baron of the Realm
26,552
35,333
Oil market is way above my pay grade. But I've heard from a couple of people including one former fortune 500 CEO that did work for and with other fortune 500 companies that "odd/bad" things happen if oil falls below $60 and stays there long term. I've heard/read others say that as well. I guess we will see. I hope Trump is filling up the strategic reserves that Biden sold off every time he needed a bump in the polls.
 
Burnem Wizfyre

Burnem Wizfyre

Log Wizard
13,042
24,071
Unidin said:
Ok. But it doesn't mean the price of things have gone down, just the amount of your bill. I save an average of around 25-30% per trip by using coupons, buying generics, buying meat when it's on sale etc. It's great that your wife is killing it shopping for the family. It's hard to keep totals down.

But that doesn't mean that groceries have deflated anytime recently.

Here's are some examples from the BLS. The data is only through February since they're still calculating March:

BLS Data Viewer - Eggs
BLS Data Viewer - Milk
BLS Data Viewer - Ground beef
BLS Data Viewer - Chicken
BLS Data Viewer - Tomatoes

Here's a consolidated view:
www.bls.gov

Average price data (in U.S. dollars), selected items

www.bls.gov www.bls.gov

If you look, nothing has gone down in any meaningful way over the last few months. Overall fruits and vegetables have gone down a little bit, but nothing like you're saying.
Click to expand...
Nothing meaningful has gone down? Have you checked the price of eggs?
 
  • 1Like
Reactions: 1 user
Jysin

Jysin

Ahn'Qiraj Raider
6,778
4,901
BONDS are the real story today. The dumping of US Treasuries is alarming (driving rates up). These are typical safe havens in market turbulence.

We have 10 Year auction today that could be disastrous. Yesterday's 3Y auction, if any precursor, was awful.

1744199790631.png
 
Arden

Arden

Blackwing Lair Raider
2,867
2,160
Jysin said:
BONDS are the real story today. The dumping of US Treasuries is alarming (driving rates up). These are typical safe havens in market turbulence.

We have 10 Year auction today that could be disastrous. Yesterday's 3Y auction, if any precursor, was awful.

View attachment 581592
Click to expand...


Any idea who's dumping? The things I'm reading seem split between China/Japan/Hedge Funds
 
Jysin

Jysin

Ahn'Qiraj Raider
6,778
4,901
Its only partly to blame. You have the expectations of serious inflation (stagflation) to hit the market as a result of tariffs. A jump in inflation doesnt put the Fed in any position to cut rates. If we have a 10Y auction that no one wants to buy, Fed cutting rates means absolutely fuck all. That is the bond risk currently.
 
  • 1Like
Reactions: 1 user
Jysin

Jysin

Ahn'Qiraj Raider
6,778
4,901
09:07(EU) EU Commission: Will impose first countermeasures against US on April 15th ; Counter measures can be suspended if the US makes a fair deal - Source TradeTheNews.com
 
Gravel

Gravel

Mr. Poopybutthole
41,652
142,654
I'm curious what a "fair deal" means on reciprocal tariffs.

Seems the rest of the world really doesn't like being on equal footing.
 
  • 4Like
Reactions: 3 users
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,705
131,187
What I would expect to see happen is Trump to get the smaller players to bend the knee and come under the US banner and then immediately be turned on China/EU/Etc imposing their own tariffs on them. If its a true trade war, then we treat it like a war and send the conquered into the breach.

edit: NVDA just moved back above $100.
 
  • 1Like
Reactions: 1 user
Juvarisx

Juvarisx

Florida
4,264
4,753
Burnem Wizfyre said:
Nothing meaningful has gone down? Have you checked the price of eggs?
Click to expand...

Eggs were always going to go down eventually. Doesn't mean people have to be happy they are ONLY $5 for 12 in SW Florida.

Theres about 3 weeks to go before all this finally hits peoples wallets. Its goin to be real ugly.
 
  • 1Like
Reactions: 1 user
Jysin

Jysin

Ahn'Qiraj Raider
6,778
4,901
Just getting started.

10:29 AMZN Said to cancel some inventory orders from China after US tariff announcement; Products affect multiple products and vendors - press - Source TradeTheNews.com
 
  • 1Like
  • 1Rustled
Reactions: 1 users
Foler

Asshat Foler

Log Wizard
<Gold Donor>
48,948
41,393
Burnem Wizfyre said:
Nothing meaningful has gone down? Have you checked the price of eggs?
Click to expand...
Please can we stop talking about egg prices. We had a mass culling at the end of last year. A laying hen takes up to 6 months before she’s producing. Of course there’s going to be downtime. This entire “egg is a litmus test for the economy” bullshit is insanely annoying and a distraction by MSM
 
  • 2Like
  • 1Solidarity
Reactions: 2 users
You must log in or register to reply here.