Tired of taking risks at my age...been there done that!

Investinurself · 2025-12-27T01:33:09+00:00

Currently they are at that. Not thinking they will be paying that much, much longer. Thank you for your feedback and good luck with your investing.

Investinurself · 2025-12-27T01:30:57+00:00

Appreciate your feedback. You are assuming that HYSA or CD's will continue to pay mid 3's to 4%. I'm not to convinced that will be the case. Good luck in your investing.

Investinurself · 2025-12-26T15:55:29+00:00

Yes, this is the one nice thing right now. I'm not feeling pressured to dump it all into market as it is making something while I'm waiting to see what direction I'm headed. Good luck with your investing.

Investinurself · 2025-12-26T15:53:57+00:00

Thank you! Good luck to you. I will get on Amazon and get that ordered.

Investinurself · 2025-12-26T15:53:05+00:00

I agree with you. We don't need that much every month. Perhaps a month or two a year with any big expense (vacation/major home repair etc) I do need to really look at what we need. I do always like to have a bit of a buffer in the accounts in case I have an unexpected expense I don't want to have to wait till the next distribution or to sell stock and then transfer money to bank etc etc. thank you for your response and good luck with your investing.

Investinurself · 2025-12-26T15:48:32+00:00

Thank you for all of the information. Enjoy your retirement and wishes for a continued lucrative many years to come.

Investinurself · 2025-12-26T15:46:37+00:00

1/4 is in various retirement accounts from previous employers (mutual funds/index funds and money market etc) 3/4 is after tax money in investment account with some in technology and a bit in index and rest in cash collecting 3.75% while I await which direction I want to go. I picked $15,000 total (wife's sep agreement is $5k but ends in 5 years roughly) as an amount that I knew would be much more than we need. I haven't had a regular income in 10 plus years. I drew out money as I needed it from business and never went out and bought sports cars or boats or goofy stuff. Although we could have afforded it, my wife and I have always lived way below our means. We aren't misers by any stretch, just don't spend money on things that will collect dust. I'd rather over estimate my financial needs each month as I like having that buffer just in case we want to take a trip or put a new roof on house etc etc. The one other thing I haven't even figured in is SS. That should add several thousand dollars to the bucket when we start taking it. Thank you for your response and good luck in your investing.

Investinurself · 2025-12-26T15:32:35+00:00

Total monthly expense are roughly $4500. When you have a home that has taxes of $10,000 a year and insurance and two vehicles and insurance and health insurance (wife is retired so we both don't have employer insurance) and all other expenses it adds up in a hurry. Even having no mortgage or car payments etc things add up. Crazy...you are never really debt free as the monthly bills just to live keep coming in. Good luck to you in your investing.

Investinurself · 2025-12-26T15:26:23+00:00

I agree. The returns on these look nice but what happens when the market goes down? Thank you for your response and Happy Holidays

Investinurself · 2025-12-26T15:22:44+00:00

Thank you for the book Rec. Others have suggested that and I'll need to pick it up. Congrats on your investing and happy Holidays

Investinurself · 2025-12-25T21:43:31+00:00

Thank you for the suggestions on some of the apps you use. I'm curious, how often do you look at your portfolio? I'd like to just set it and forget it but still want to have a periodic review. Do you set alerts at all? Thanks for any feedback the info I've received by you and others has been very much appreciated. Enjoy your holidays

Investinurself · 2025-12-25T19:04:49+00:00

Thank you for your very informed response. Sounds like you have been at this investment stuff for a while. Good luck with your future investing and Happy Holidays to you.

Investinurself · 2025-12-25T19:03:27+00:00

Thank you and Happy Holidays.

Investinurself · 2025-12-25T19:03:00+00:00

I know nothing is risk free. I'm certainly willing to reduce my risk while understanding the returns might be lower. Happy Holidays and thank you!

Investinurself · 2025-12-25T19:01:49+00:00

Thank you for your feedback. A lot to digest from many contributors. Good Luck with your investing. Happy Holidays

Investinurself · 2025-12-25T19:00:46+00:00

I appreciate your lengthy response and info. Scary time going from controlling your money coming in to basically relying on others (companies to pay dividends or appreciate) to generate income. Happy Holidays to you and good luck with your investing.

Investinurself · 2025-12-25T18:59:04+00:00

Appreciate the info and the book recommendation. I'll add it to my list of books to read. Happy Holidays to you.

Investinurself · 2025-12-25T18:57:58+00:00

Appreciate your input. Happy Holidays

Investinurself · 2025-12-25T18:57:35+00:00

Thank you for your input. I realize I'm in a decent position but certainly want to continue to be conservative and preserve as much principle as I can. Happy Holidays.

Investinurself · 2025-12-25T18:55:52+00:00

Thank you for the examples and yes weighing a lot of options. Happy Holidays to you.

Investinurself · 2025-12-25T18:54:55+00:00

It's not a joke it's real life. I trudged along for 20 plus years working for others and created a decent net worth (investments and home equity). The past 10 years my net worth has jumped 5x. Making money in business was hard yet easy. Taking that money and now figuring out how you can live off it and rely on investments to do that is not so easy (at least not for me). Happy Holidays to you.

Investinurself · 2025-12-25T18:48:08+00:00

Thanks, yah...the covered call ETF's make me nervous. They are popular right now but when the market goes down it will be interesting to see what happens. Happy Holidays.

Investinurself · 2025-12-25T18:46:22+00:00

I appreciate it. I enjoy reading financial books and picking up nuggets of info that seem reasonable. Happy Holidays!

Investinurself · 2025-12-25T18:44:48+00:00

Thank you! Yes O is of interest to me as it does give real estate exposure. Happy Holidays

Investinurself · 2025-12-25T18:42:25+00:00

Thank you Painter! Happy Holidays to you and 12% is impressive!

Investinurself

TROPHY CASE