I like 4 and 6 best. I have been curious about this topic, also. I have only been working three years, but have invested heavily in my 457. Between my husband and I, we have quite a nest egg. Because we are young we can take a hit, but I would rather not.
Shift all your money into Chinese tech. /s
Buy gold. It’s better than money when the system devolves to barter.
Dimensional Funds.....income average in, hold, except to rebalance annually.....anything else is just gaming, and individuals really do not do well over time in “gaming.” Sure, some make bundles in the short run, but then, they usually lose bundles in the next short run. Take it from the experienced.....go here for more info...(and NO I do not work for them, but I do invest with them.
http://www.fundadvice.com/mcm.html
One strategy that I preach is the Roth IRA instead of the traditional. yes you lose a chunk of tax deferred growth, but when the Rats take power God knows what our income tax rates will be. Pay your taxes now! Get free money and don’t buy the advise that you will be in a lower bracket during your retirement.
I’ve been giving this some thought for a while now. I’m not sure what I’ll do yet. I’ll wait for the outcome of the election. Depending on that outcome, I’ll have a few months to make a final decision.
Your profits will still be taxed by Obama if you stay legal. Even if you leave the US, assuming you are a US citizen.
1. If either Obama or Hillary wins, be prepared for an increase in capital gains tax. Sell all your securities with gains before the RATs can raise the tax. Even if you just buy back the same securities, you are going to be pre-paying capital gains tax on your gains to date at the old, lower rate.
2. Sit back & relax. Historically stocks do better with RAT administrations, RAT Senate and RAT House.
My own theory on this is that the RAT party is really the party of the ultra rich. Their policies are designed to preserve & protect the value of current wealth, by discouraging and penalizing work and slapping down anyone who tries to build new wealth.
Keep yourself invested in an index fund (I like QQQQ) until the smoke clears...
Oh yes, BTW, real estate is going to make a comeback someday. Sooner if the RATs are elected, simply because inflation will be higher. Nothing like a few years of 10-12% inflation to hide the housing problem in rising prices. If you can manage them yourself, rental units are going to be nice.
Interesting ideas, but I think your analysis needs to look at the other side of the equation as well: minimizing expenditures. Keep in mind that every dollar you avoid spending is esentially a dollar earned tax free. Tax saving strategies will be particularly necessary in the next few years, but other ways to spend less are going to be important as well.
Examples: shopping at thrift stores and/or on Craigslist. Not purchasing a new car (used cars a bargain this year due to repos). Buying stuff at dollar stores, which are getting to be of better quality. Comparison shopping online. Giving and receiving hand me downs. Growing a garden. Banking at a credit union instead of a mega-bank.
Then there’s paying down debt. Keep in mind that every dollar you pay in non-mortgage interest is non deductible. And even the mortgage interest deduction isn’t all that great; all the deduction does is reduce your effective interest rate.
P.S. This is a good idea. We’ll all need ideas and strategies to prosper. If you start a pinglist, please let me know.
Thanks for this.
BTW - people who think their traditional IRAs, their Roth IRAs , their 401Ks and the like are safe from Congressional depredation had better think again...
Put everything in diversity-training companies.
save for future reference