Readers weigh in on working into one’s 70s and 80s, the plight of the U.S. consumer, the allure of food stocks, and when to make Roth conversions
Louise McMillon, with her contagious smile, made for a great cover photo . God bless her! Such an inspiration. Retirement for me was 15 years ago at age 62 from hotel and casino management positions. Almost immediately, I realized that I had to do something. Fortunately, money wasn’t an issue. I was offered and accepted a part-time position at a family-owned self-storage company. The engagement with others was what I missed.
Perhaps the author gave a clue to the American reality when he mentioned that credit-card debt is at a 30-year high.Most value stocks are down, as are defensive stocks, as investors are still pursuing tech and the artificial-intelligence hype . Buying these stocks will look brilliant when the recession starts sometime in 2024-25. Usually, there is a two-to-three-year lag from when the Federal Reserve started its interest-rate hiking cycle .
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