03-11-2025, 06:56 PM
I agree. I just retired and was planning to use a lump sum to add an addition to the house but I think I'll just focus on the foundation at this time. Here's the proverbial Sequence of Returns Risk for me. Just playing it safe right now.
The frustrating part for me is as you said ...
I still have some "dry powder" but nothing is slapping me in the face yet. PEP is interesting here. The last time it was yielding over 3.5% was 2008, I believe. Before that was the 90's. Too bad I have so much of it.
We still have a way to go before we get to 2022 levels and even more to get to the fish-in-the-barrel 2008/9 levels. (Those were the good ole' days.
)
Patience!
The frustrating part for me is as you said ...
Quote:Stuff still overvalued, so not a time for bargain hunting,
I still have some "dry powder" but nothing is slapping me in the face yet. PEP is interesting here. The last time it was yielding over 3.5% was 2008, I believe. Before that was the 90's. Too bad I have so much of it.
We still have a way to go before we get to 2022 levels and even more to get to the fish-in-the-barrel 2008/9 levels. (Those were the good ole' days.
)Patience!
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan