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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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Lee Lichterman III
Lou Weed
oldbeachlvr
To: Lee Lichterman III who wrote (46227)12/9/2021 3:58:05 PM
From: Jacob Snyder4 Recommendations  Read Replies (2) of 96684
 
You are correct, even the safest Blue Chips can fail, given a long enough time frame.

The problem is, my wife is certain to outlive me. I have already had 2 cancers.

She is in perfect health. BP 130/60 without meds at age 60. She teaches martial arts classes, to kids 1/4 her age. She has zero interest in active management of a stock portfolio. So, I intend on leaving her stocks she never has to look at, and can live off the dividends. That’s what my grandfather did for my grandmother, and my father did for my mother.

If it was 1980, this would be simple: put everything in 30y Treasuries, and leave it there. But safe bonds yield nothing today. I don’t see any other choice, than the safest dividend-paying stocks. Can you think of a better plan?
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