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Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?


To: cemanuel who wrote (1977)1/18/2022 8:35:31 AM
From: rnsmth  Respond to of 2146
 
+++Ron, let me know if this is too far outside the DGI-verse and I can delete it.+++


It is fine by me



To: cemanuel who wrote (1977)1/19/2022 8:39:25 PM
From: bugdoc822 Recommendations

Recommended By
cemanuel
rnsmth

  Respond to of 2146
 
I'm retiring end of March (I'll be 67) and will be rolling over the last bits of my 401K at that time (~160K) to my IRA (more growth orientated). I have lots of things in flux right now (just moved, one house in remodel), so I'm keeping 90K in CDs (I know, not growth, but emergency and also could be a market dump hedge) and I'm planning on filling out several positions that I recently have been building ABT, AMT, DLR,HD & SCHD and maybe throw the rest into JNJ. Just my plan for now, unless something changes, which it might.



To: cemanuel who wrote (1977)1/22/2022 11:17:15 AM
From: cemanuel2 Recommendations

Recommended By
red cardinal
rnsmth

  Respond to of 2146
 
What I decided re:

I will be selling the vast majority of the MFs to convert to stocks (keeping $50k each in two high-performers). Lately I've found myself asking if it would make more sense to sell now and go to cash for a month. Or should I stick with the MFs until, probably, Friday February 18 when I'd put my sell orders in?
This is for my 403b/soon-to-be-an-IRA.

I ended up deciding to just stay the course. The market is still pointing down. But not in such a way to lead me to think it has a lot more to go, or that it won't find bottom well before February 20 or so and very possibly trade above where it is now.

In the face of uncertainty I chose to do nothing. Not enough to make me believe that 30 days in cash will serve me better than 30 days continuing in these mutual funds.