12-28-2021, 10:56 AM
Well a couple thoughts come to mind.......
Investing allocation is a very personalized thing. Our ages of course and how much do we need in nearly guaranteed monthly income. our risk tolerance as well. What is our end of life goal? i.e. does it matter if we spend all of our wealth.
I want to live comfortably in retirement, but it's a high priority that I leave some assets to my daughter. She is just not likely to be as successful as I am at this wealth accumulation game, but she is working hard and trying to improve her finances. She is a good daughter.
I will keep a few growth stocks n my port until the end, but the reality is just holding so index ETFs get me there.
Try not to get your feelings hurt on discussion about stocks like T. A lot of us here think it's a yield trap and we like honest exchange of opinions here. If it turns out we are wrong, that is fine. I know I want everyone here to be successful, no matter what strategies they use.
Investing allocation is a very personalized thing. Our ages of course and how much do we need in nearly guaranteed monthly income. our risk tolerance as well. What is our end of life goal? i.e. does it matter if we spend all of our wealth.
I want to live comfortably in retirement, but it's a high priority that I leave some assets to my daughter. She is just not likely to be as successful as I am at this wealth accumulation game, but she is working hard and trying to improve her finances. She is a good daughter.
I will keep a few growth stocks n my port until the end, but the reality is just holding so index ETFs get me there.
Try not to get your feelings hurt on discussion about stocks like T. A lot of us here think it's a yield trap and we like honest exchange of opinions here. If it turns out we are wrong, that is fine. I know I want everyone here to be successful, no matter what strategies they use.