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


To: chowder who wrote (14666)3/1/2013 12:34:36 PM
From: Steve Felix  Read Replies (1) | Respond to of 34328
 
Almost incomprehensible isn't it? I sometimes have a hard time remembering what day it is, yet I can log into seven different accounts without even blinking an eye.

My old work buddy that gave me 25K a while back now has 31K and a growing, although small, income stream. He is on full reinvestment. Recently retired, he came to talk to me about what to do with his 401k. He was hesitant, and I figured if he wasn't comfortable by now, I didn't want involved. He said his 401k had done well lately and he could just keep it there. I agreed wholeheartedly.



To: chowder who wrote (14666)3/1/2013 12:54:23 PM
From: rnsmth1 Recommendation  Read Replies (1) | Respond to of 34328
 
I advised my mother when her CDs were no longer generating enough income. She also consulted with her Edward Jones "young man." She is 84 so I am not sure what she meant by young. She did not tell him what I had advised, but bought shares of companies that he and I agreed on - VZ, KMP, HCN and a couple of others.

My brother, 11 months older than me, recently retired and took a pretty big lump sum distribution. We have shared some information. He scared me when he used to talk about how many total shares he owned, like that was his main metric. I send him some information from time to time and I think it has had a good influence on him. We'll visit sometime this year and I would like us to have some time to talk investments face to face.