IFB111: Questions about Short Term Investing when Close to Retirement




The Investing for Beginners Podcast - Your Path to Financial Freedom show

Summary: <br> Announcer:                        <a href="https://www.temi.com/editor/t/c9xLqoTNtoUT_Nww-5yaTNCMym8rr3fi0THSfsoWp1lm-l3MzurDIJduSF4ZRM6S5zmFEvXQrArZ76RRuBOgT_0gTkY?loadFrom=DocumentDeeplink&amp;ts=0.66">00:00</a>                     You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginners led by Andrew Sather and Dave Ahern, to<br> decode industry jargon, silence confusion and help you overcome emotions by<br> looking at the numbers. Your path to financial freedom starts now.<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/c9xLqoTNtoUT_Nww-5yaTNCMym8rr3fi0THSfsoWp1lm-l3MzurDIJduSF4ZRM6S5zmFEvXQrArZ76RRuBOgT_0gTkY?loadFrom=DocumentDeeplink&amp;ts=36.18">00:36</a>                     All<br> right folks, we’ll welcome to the Investing for Beginners podcast. This is<br> episode 111, Tonight Andrew and I are going to talk about some listeners,<br> questions that we got. Then we’re going to focus a little bit on investing in<br> our later years, i.e., our 50s or early sixties that kind of timeframe. We’ll<br> talk a little bit about some thoughts we have on that related to some of the<br> questions that we got recently about this particular subject. So I’m going to<br> go ahead and start and read the first question. The first question is, Hi<br> Andrew, my question is investing in your fifties I’m in the middle of a divorce<br> of 31 years. We have accumulated a lot of wealth. So my question is, what would<br> be the wisest strategy? I will have substantial alimony. Have worked outside<br> the home for 29 years. So assuming I won’t need all the equalization payment,<br> where would you suggest I start? I feel like I’ve lost much of the compounding<br> times. So now what? I’m 58 and healthy to hope to see my eighties. I’d be<br> thrilled to hear from you directly or cover the topic in an email for the<br> broader crowd to work. I can’t be the only one in this situation. Thanks.<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/c9xLqoTNtoUT_Nww-5yaTNCMym8rr3fi0THSfsoWp1lm-l3MzurDIJduSF4ZRM6S5zmFEvXQrArZ76RRuBOgT_0gTkY?loadFrom=DocumentDeeplink&amp;ts=102.011">01:42</a>                     When<br> though when you’re not, so as somebody who is in your age range, I’m 52, so I’m<br> the older one or the crowd here between Andrew and I and some would maybe<br> sometimes I might be the wiser one, but I am not so sure about that always. ,<br> so I guess, I guess the first thing is I, my condolences about the divorce. I’m<br> sure that could not be, easy to go through and I’m sure you have a bazillion<br> questions going on. So as someone who’s gone through a divorce myself, I, I<br> feel for ESL, it’s not an easy situation to go through.<br> <br> <br> <br> <br> <br> <br> <br> Dave:                        ...