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  #11  
Old 12-18-2018, 03:44 PM
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WallyWarrior WallyWarrior is online now
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[QUOTE=SGPopp;6269798]Similar situation. I'm 46 and don't want to retire for a while. I'm watching it fall and it doesn't bother me a bit. I've increased contributions across the board.



On the flip side, as a fuel salesman, nobody's gone out of their way to thank me for the $.50+/- drop we've seen recently. But when it goes up......[/QUOTE]



When it goes up they are always telling me they are just passing along the costs. I assume itís no different when it goes down

Back on topic, I just upped my contributions. I have a few more recessions in me before retirement.


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  #12  
Old 12-18-2018, 04:07 PM
ashtrailguy ashtrailguy is offline
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[QUOTE=rwl;6269754]What is left in there I will, but I moved majority of it 10 weeks or so ago, I'm waiting for what I [B]think[/B] is "all the way down" then hopefully I'll buy all my stuff back and then some.[/QUOTE]

Just wondering how that works for taxes or capital gains.
  #13  
Old 12-18-2018, 04:20 PM
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I just increased my contributions to retirement accounts and our ESPP.
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  #14  
Old 12-18-2018, 04:20 PM
h8go4s h8go4s is offline
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Everything I have is in solid mutual funds (Vanguard). I still have the same number of shares today as I did on January 1. I rode it out in 2008 and will again. Never lost any sleep over it. Now retired; I have a 3-year spending money cushion in a cash account.
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  #15  
Old 12-18-2018, 04:27 PM
andersaki andersaki is offline
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[QUOTE=h8go4s;6269826]Everything I have is in solid mutual funds (Vanguard). I still have the same number of shares today as I did on January 1. I rode it out in 2008 and will again. Never lost any sleep over it. Now retired; I have a 3-year spending money cushion in a cash account.[/QUOTE]

X2

andersaki
  #16  
Old 12-18-2018, 04:47 PM
BCLII BCLII is online now
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[QUOTE=h8go4s;6269826]Everything I have is in solid mutual funds (Vanguard). I still have the same number of shares today as I did on January 1. I rode it out in 2008 and will again. Never lost any sleep over it. Now retired; I have a 3-year spending money cushion in a cash account.[/QUOTE]

^^^^^^
  #17  
Old 12-18-2018, 05:03 PM
dvl2700 dvl2700 is offline
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Took a little bit out a few times this fall and put it into a stable value money market fund. Sitting with about 35 % in that fund. Letting the rest ride it out. 59 and still working.

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  #18  
Old 12-19-2018, 07:24 AM
eriksat1 eriksat1 is offline
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Quote:
Originally Posted by rwl View Post
"What is left in there I will, but I moved majority of it 10 weeks or so ago, I'm waiting for what I think is "all the way down" then hopefully I'll buy all my stuff back and then some."


"Just wondering how that works for taxes or capital gains."

There is no tax or penalty if you move it to a Money Market mutual fund, or Bond mutual fund. Only if you actually cash it out. Move it out of stocks.
  #19  
Old 12-19-2018, 07:45 AM
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It's all paper until you cash it out. The number of shares in a mutual fund usually goes up with with distributions during the yearr. So, at the end of the year, you usually own more shares than on Jan first. Maintaining a diversified portfolio is important. The Feds tell us what our RMD's are each year after we reach 70 & a half. That't the only forced cash out that I'm aware of. I plan & cover that with funds in a money market fund. I usually ride the market .
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  #20  
Old 12-19-2018, 07:57 AM
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[QUOTE=eriksat1;6269950]Quote:
Originally Posted by rwl View Post
"What is left in there I will, but I moved majority of it 10 weeks or so ago, I'm waiting for what I think is "all the way down" then hopefully I'll buy all my stuff back and then some."


"Just wondering how that works for taxes or capital gains."

There is no tax or penalty if you move it to a Money Market mutual fund, or Bond mutual fund. Only if you actually cash it out. Move it out of stocks.[/QUOTE]


If "in there" refers to a retirement account then taxes are unlikely.

However, if "there" is a regular trading account and you sell out of one fund and into another, capital gains (or losses) will probably come into play. In order to 'move' from one fund/etf, etc. you have to sell that position and buy into another.
 

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