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Non-Tech : Kirk's Market Thoughts
COHR 191.04-2.5%Jan 16 3:59 PM EST

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robert b furman
Sun Tzu
To: Sun Tzu who wrote (14306)8/11/2022 3:54:30 PM
From: Kirk ©2 Recommendations   of 27100
 
Thanks for the explanation. There are a lot of ways to skin a cat and I know you are smart enough to compare your results with 60/40 rebalancing portfolios and using the time to do something else.

I get a lot of volatility from my big dividend paying stocks that were growth stocks when I bought them decades ago with my taxable accounts... they didn't pay dividends back then and now they are quite significant such as LRCX paying $6.00 a year for each share I'm holding with a $3.42 per share cost basis.

I'll use the IRAs to trade these since the gains compound tax free until I have to take them out. What pisses me off is the bastards in government will make me pay SIGNIFICANTLY higher Medicare Fees each month when I start taking distributions since I'm a successful saver and investor. I knew paying taxes at the regular income rate would hurt, but the Medicare penalty is one I did not count on.
For stability, I maintain a fair amount of cash and usually position gradually, except in bear markets where something drops 80% and I want to catch the bounce.

That is paying a nice dividend now compared to last year's 0.01%!
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