@drp825_ You should be 40% in bonds when nearing retirement.
My dad was 98% invested when he passed at 97 and left behind a fairly large legacy. He had about 60% in QQQ and the balance in FDGRX.
@InTheAssembly Thatโs ~0.15% of his holdings. Not a big deal. Heโs doing the same thing all executives do, thin out your holdings so you can start a rocket company. ๐
@drp825_ 5 years of expenses (we are retired). Take SS income and real estate investment income into account. Say you need $200K/year in retirement, but have $100K coming in from SS and real estate investment income. You would need $500K in cash. Itโs enough to weather a bear market.
@HolySmokas Bought in at $17.21, added at $26.50, and rode the roller coaster. Annualized compounded returns of 50%/year. Much more upside potential than $NVDA IMO
@drp825_ If Optimus turns out to be a success, we will be in the market for one. That could be an enormous market. Depends on their gross margins and whether itโs a subscription model, which I suspect it will be.
@sheelu2611@elonmusk I was there to photograph the launch. When they lit it up, it shut down incredibly quickly. Then we heard the boom from the engines that did start.
@drp825_ My dad passed away recently at 97. He owned two things for the last 25 years; after he learned his lesson trying to day trade (he gambled away $1.5M). When he got down to ~$500k, he left it alone in QQQ and FDGRX. Even after expensive long term care, he still left $5M behind.
@drp825_ I like watching @Danny_Crypton posts. Some of them make you think a little harder. Iโve sold off a fair amount in my taxable account. Sitting on 2k shares of $NVDA with a basis of under $4. Probably going to hold it forever. Still have 1k shares in IRA I could sell if I needed to