The Czickness XLV anxious for the SGE

[Leadeye]

Glad to hear those escapees were caught, Evansville is too close, so we buttoned things up early tonight.

 

[MindfulMan]

It's killing me.

Yeah, I thought that we had enough $'s in the 401K to be worry-free in the fabled golden years ..... but with the continued collapse of Wall Street, that isn't the case.
Frankly, I'm concerned. Deeply concerned. But yet, there doesn't seem to be anything (logical) that I can do. Throw-in the usual physical challenges that come with older age, and oh-boy, it's a potent mix.
So, I just try to have a smile on my face, and continue to have fun. Some days, that's hard.

 

[mcapo]

Hmmm .... we could say "trade", instead of "sell".
You know how it works, Bandit. You trade steel, for paper with pictures.

Yea....to be honest...I was thinking that I should let the safe pay for the fancy 22 if I order one.

T-dogg can tell you how that usually works out for me...

 

[MindfulMan]

Yea....to be honest...I was thinking that I should let the safe pay fancy 22 if I order one.

T-dogg can tell you how that usually works out for me...

Calling Spicy ..... I'd like a firsthand report of this mischief !

 

[mcapo]

Yeah, I thought that we had enough $'s in the 401K to be worry-free in the fabled golden years ..... but with the continued collapse of Wall Street, that isn't the case.
Frankly, I'm concerned. Deeply concerned. But yet, there doesn't seem to be anything (logical) that I can do. Throw-in the usual physical challenges that come with older age, and oh-boy, it's a potent mix.
So, I just try to have a smile on my face, and continue to have fun. Some days, that's hard.

About once a day, my mind goes "OH - How am I possibly going to ever retire and survive?".

 

[gmcttr]

Yeah, I thought that we had enough $'s in the 401K to be worry-free in the fabled golden years ..... but with the continued collapse of Wall Street, that isn't the case...

Probably more down before the up. Up could come after the election this fall or in 2024. It has a history of rewarding those that stay in rather than trying to time the market.

Yea....to be honest...I was thinking that I should let the safe pay for the fancy 22 if I order one.

T-dogg can tell you how that usually works out for me...

WHAT??? I thought you'd have it ordered by now. Come down Friday and you can shoot mine. Four of us are going to HHRP. Mini-late sge.

 

[MindfulMan]

About once a day, my mind goes "OH - How am I possibly going to ever retire and survive?".

And most likely, you have a lot more time remaining to think about that question. (which might not be a benefit).
Me .... I'm in the home stretch, and can't really change enough of my financial planning to effect the future. I must tie the proverbial knot, and hang on !

 

[Biggredchev]

Yeah, I thought that we had enough $'s in the 401K to be worry-free in the fabled golden years ..... but with the continued collapse of Wall Street, that isn't the case.
Frankly, I'm concerned. Deeply concerned. But yet, there doesn't seem to be anything (logical) that I can do. Throw-in the usual physical challenges that come with older age, and oh-boy, it's a potent mix.
So, I just try to have a smile on my face, and continue to have fun. Some days, that's hard.

Well theres always Walmart greeting if things get to tight.

 

[MindfulMan]

Probably more down before the up. Up could come after the election this fall or in 2024. It has a history of rewarding those that stay in rather than trying to time the market.



WHAT??? I thought you'd have it ordered by now. Come down Friday and you can shoot mine. Four of us are going to HHRP. Mini-late sge.

Oh, I'm standing pat .... but there's palpable pain, when I watch the daily financial report.

 

[MindfulMan]

Well theres always Walmart greeting if things get to tight.

I'm not above doing that .... but after my spine injury in 2013, I couldn't be on my feet long enough to do much greeting !

 

[MindfulMan]

Alright .... I'm starting to depress myself ! .... and honestly, that's unusual.
It's best that I sign-off for a bit. Later, gangsters !

 

[gmcttr]

Talk to your financial planner/broker and see if you can sell most or all of it if it continues lower and immediately buy equivalent funds/assets to capture the capitol losses.

My broker did that for me during the last big drop and captured $238K in losses that saved paying taxes on that much when it recovered.

 

[WebSnyper]

Talk to your financial planner/broker and see if you can sell most or all of it if it continues lower and immediately buy equivalent funds/assets to capture the capitol losses.

My broker did that for me during the last big drop and captured $238K in losses that saved paying taxes on that much when it recovered.

Just have to be careful of a wash sale

Wash Sale: Definition, How It Works, and Purpose

A transaction where an investor sells a losing security and purchases a similar one 30 days before or after the sale to try and reduce their overall tax liability.

www.investopedia.com

 

[gmcttr]

Just have to be careful of a wash sale

Wash Sale: Definition, How It Works, and Purpose

A transaction where an investor sells a losing security and purchases a similar one 30 days before or after the sale to try and reduce their overall tax liability.

www.investopedia.com

True, that's why I leave it up to my broker. It is not something I know enough about to pull it off on my own.

 

[Hoosier45]

I haven’t spent much time or money on guns lately. I’ve been trying to find a scope for a rimfire rifle, but mcapo and tdogg keep telling to save my money.

 

[Hoosier45]

I get depressed when I look at my 401k and 529. So I just stopped looking.

 

[Hoosier45]

4997

 

[Hoosier45]

4998

 

[Hoosier45]

4999

 

[Hoosier45]

5000