Trading AH and BM is usually a mistake. Selling "what was hot"the day before in early PM will often give you a better price than the open market.
I have always considered AAPL as something big funds pumped up like a balloon and sold to each other , not a stock for retail. I sold VRX and will start buying again at $35. If AAPL drops 90% like VRX I will consider it.
The full retirement has been increased for future generations . Also the laws on taxibility of IRA have been discussed for years. One or two more Progressives on the Supreme Court and anything can happen. You can't even count on your personal savings to be there when you need it.
Bill Miller of Legg Mason is in VRX and says he expects it to double. I.m staying very small and layering. If they make the 10K filing we will be rewarded if not will drop at least temporarily. xx369 is probably correct about the options but i don't have a clue on a recovery timeline. to me looks like a better gamble than PRGO at this time.
Yes, VRX is falling back ,just bought back a tiny bit $35.37. Not familiar with PRGO will take a long look.
I think a Dolt is someone who does not attain the level of culture and civility that was expected in 19th century England. So that means most all of us:) I did not look the term up so as the troll says sometimiewrong:)
Kel ,Pensions can be cut for people who have retired. Teamsters I worked with had there pension cut 20%-40%. I know some who took jobs at convienence stores and pizza joints to make ends meet. Google Central States Pension reductions. My YRCW management pension plan is underfunded and will probably turned over to PGBC or discontinued at some point in the future. Enjoy but don't count on it forever.
If one is considering Gold as a long term investment VGPMX might be considered. VGPMX is a Vanguard Mutual Fund that about 80% miners and yields a honest 2%.
"Loser idea " was a very poor choice of words and for that I appologise. Most people take SS at 62 and for many it's not in there best interest. I would advise anyone considering retirement to consult a Certified Financial Planner (CFP) or at lease read some readily available articles on the subject. I did what what is right for me and everyone must take responsibility for there life's decisions. The same goes for retirement plans there are numerous options and one shoe does not fit all. For me I rolled all tax deferred retirement accounts to a Rollover IRA and accounts with some tax paid contributions to a Roth IRA getting the accounting headaches over with ASAP. Best of luck to all in there retirement planning.
Interesting article "Barron's Big Money Poll: The pros turn cautious" . The pros expect 2016 to end with a Dow 18056 or about last weeks close. Also the average expectation for the first half of 2017is Dow 18756 or a 4% gain. Sounds as good as any other guess.
I will close out my little short TZA and sell January Call on what I will keep. Would like to add a little XLE ,MMP,EPD on dips. I might also buy some after it's been over punished like VRX. Will probably hold 60%-65% cash on going.
But the market is not behaving as usual. It seems like Superman in Bazaro World. Those into comic books in late 1950,early 1960 will get the Bazaro World reference
Excuse but you can roll a retirement account to a IRA at any age. The 59.5 is for withdrawing from a retirement account for any reason without the 10% penalty.