Stock Market/Investing/Fin Planning Catch-All

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I wish I understood any of this. I'm too close to retirement to suffer another recession.

I was looking at my 401K last night and I don't have a lot of good options outside of stocks.

All the bond fund I have are around 2-4% average return over the past 3, 5, 10 years. But that would probably be better than a nosedive in the markets.
But the good news is there are a lot of good stocks to choose from.
 
In Feburary I have to change my "life savings" from a 5.1 % "CD" I am way too dumb to know what to do with it Right now it is basically equal to Soc sec-so it is a big deal for me-like 25% of my Net income. I save every penny of Soc Sec and this income for "inflation" and Nursing Home care . If they offer me a 4% CD I guess I will take it?
Without trying to be to personal, have you ever talked to a CFP? There are a ton of options that offer better returns than CDs without having to push yourself into a higher risk tolerance zone. Whatever you do you have to be at peace with it and stressing over investments isn’t a comfortable way to live in retirement.
 
Without trying to be to personal, have you ever talked to a CFP? There are a ton of options that offer better returns than CDs without having to push yourself into a higher risk tolerance zone. Whatever you do you have to be at peace with it and stressing over investments isn’t a comfortable way to live in retirement.
Thanks
Right now I save 40% of my monthly income-so not stressing yet
 
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Against all odds, DUK might not be a bad play right now.


Millions of tons of coal ash left over from burning the planet’s dirtiest fossil fuel are sitting in ponds and landfills, able to leach into waterways and pollute soil. But this toxic waste may also be a treasure trove for the rare earth elements needed to propel the world toward clean energy.

Scientists analyzed coal ash from power plants across the United States and found it could contain up to 11 million tons of rare earth elements — nearly eight times the amount the US has in domestic reserves — worth around $8.4 billion, according to recent research led by the University of Texas at Austin.
 
Against all odds, DUK might not be a bad play right now.


Millions of tons of coal ash left over from burning the planet’s dirtiest fossil fuel are sitting in ponds and landfills, able to leach into waterways and pollute soil. But this toxic waste may also be a treasure trove for the rare earth elements needed to propel the world toward clean energy.

Scientists analyzed coal ash from power plants across the United States and found it could contain up to 11 million tons of rare earth elements — nearly eight times the amount the US has in domestic reserves — worth around $8.4 billion, according to recent research led by the University of Texas at Austin.
One man's trash is another man's treasure?
 
Some folks are predicting painful doom for the US economy if Trump has his way. When do we expect this to happen? In other words - when do we move some stocks to the sideline?
 
Not overreacting to this as it's probably just cyclical and, as the article notes, UHC is a big anchor right now. But I do wonder if a lot of the November run-up was investors thinking Trump's worst impulses would be checked by the Senate. Now that the Senate is caving on his absurdly unqualified nominations, the business community may be getting nervous this really will be as bad as Trump has been promising.


The Dow Jones Industrial Average has dropped eight days in a row coming into Tuesday and fell by around 215 points, or 0.5%, at the opening bell.

The blue chips haven’t closed in the red for nine consecutive days since February 1978, according to FactSet data.
 
Trump did not get nailed for breaking laws last time so he ain't worried and will be unconstrained. He wants a worship me authoritarian system where everyone is forced to kowtow to him. So like he did on the Amnazon Pentagon contract last time, he will do so again if folks con';t kiss the ring or contribute. Pay to play. Companies have always avoided contributing to Prez finauguration funds (whether R or D) because it creates bad precendent. Now we have crossed that bridge aand what is next. I'll exempt you from tariffs if you contribute X. I'll tell DOJ, FTC etc to back off if you contribute Z. And the Supreme Court ruling makes this even easier to do. Once you start ignoring some laws and regulations and checks on Prez pwer, then you have an unrestrained Prez with no laws or regs unless he wants them so he can punish you. The US econmy is the envy of the world because of these laws, rules and regulations being enforced withoug favoritism.
 
Some folks are predicting painful doom for the US economy if Trump has his way. When do we expect this to happen? In other words - when do we move some stocks to the sideline?
I wish I knew the answer here.

I did move about 10% to less risky holdings. I'm sure I'm still far too heavy in stocks for someone my age.
 
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