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Strategies & Market Trends : Young and Older Folk Portfolio

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To: DoctorRicky who wrote (2403)	5/8/2024 1:07:37 PM
From: carbolady	3 Recommendations Recommended By Gordon Gekko 23 jopapgh suncoaster Read Replies (7) of 21783

We are in a fairly good position. Have been retired for about 10 years although only 63. Started transitioning our portfolio about 8 years ago to be an income producing portfolio. We have about 20% of our portfolio in cash (treasuries, CD's and Money Markets), enough for about 5 years of expenses. The rest produces income for us. Once we start taking social security, myself in mid 2025, my husband late 2025, we will have more income than expenses. I have been handling our investments for the last 12 years and my husband has only recently, last few months, taken an interest. He feels that we should go to cash. I have spent the last 8 years building the income and do not want to go to completely cash. When DC over at SA posited that perhaps going to cash and repurchasing after a market crash I was interested in the replies but no one took him seriously. When I saw the tzandig reply here I was curious what he had to say as well as the opinions of anyone one else on this board. We have compromised so far in that we are no longer reinvesting dividends.

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