Skip to main content
This Board Has Moved

This board has been migrated to our new platform! Check out the new home page at discussion.fool.com or click below to go directly to the new Board on the new site.

Go to the New Site
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Gene:

I love your story every time I read about it.

In 2021, I was not thinking particularly about retirement eventhough I have been preparing for it in the pas few years. However when came to my stocks, I felt I had to sell some after the big 2020 and 2021 rise due to valuation concerns. I can argue that if I had a long term horizon and I did not need to touch that money I shouldn't have sold any but I did and thought I was such a tactician.
I did not sell much and I have been against making large changes to my portfolio in a very short amount of time. Also, since I was not retired, I did not want to sell so much to add to my income taxes which I thought was already pretty heavy. My income has been basically a salary (and stock options).

If I were in retirement in 2021, I think I would be more willing to sell a bit more than just replenishing my expected 5 years expenses cash cushion. That would give me more cushion and some cash to acquire big ticket items. I would still be careful about not taking too much if I don't need it.

For the cash, aside from laddered CDs, what about Treasury bills and notes? Maybe 10K in the I-bonds? what would yield more than 3% over 1 -4 years?

tj
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.