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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: LTBH who wrote (3095)	12/22/2009 6:30:39 PM
From: JimisJim	Respond to of 34328

LTBH: no worries, I did not construe your comments negatively and apologize if my reply seemed unappreciative... I asked for input and welcome everyone's thoughts on the topic. Yours are just as valuable to me as anyone's as I try to create my investing plans for the future. And ultimately, my goal would be to retire and NOT spend hours a day working on trades, etc., but rather have fully transitioned into LT holds that generate sufficient income and appreciation to offset taxes and inflation. It's the getting from here to there that requires careful planning and that is what I'm doing now... so my allocations will likely change over the next 10 years or so to less and less trading and more income-generating LT holds. The wildcard in the interim period is, as I posted, unease wrt to weathering another deep correction, esp. if it lasts a long time -- right about the time I'd like to retire. In theory, if I position myself properly with good divvy plays, should be able to weather any such event OK. Just trying to reassure myself on that point. Also, something not discussed here, but currently part of my current PF strategy has been to park cash (which is actually my largest current position) in short-term tsy-backed paper... doesn't generate much income, but hedges a bit vs. a deep stock correction and is liquid enough that if there is a deep market correction, would move those funds into quality value plays (with solid histories of increasing divvies) for LT B&H. Thanks again for your input. Jim