RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Take profit? Or hold..The more I think about it, the more I think you both should venture over to the Crew Energy board. Lots of intelligent dialogue.
No dividend with Crew (income seekers I'd presume).. but a very well run company and the market price will eventually catch up to the value. Just ask Oldnagger over there.. smart guy.
I like my monthly dividends too..but also keep some growth names.. CR/KEL/AAV fit the mold.. focus more on Nat Gas vs. Oil these days.
SargeX wrote: Hey Hawk
Always a pleasure to hear from you and thanks for weighing in. I hope all is going well.
You definitely have done a lot of things right and your plan sounds very solid.
I also totally like your comment about the kids. Many of the kids in our kids generation are going to get very large inheritances. I really like it that we can do that as our kids are great kids and them and the grandkids have given us and continue to give us so much enjoyment.
The other interesting thing about my wife & me was that we were pretty "tough" on the dough just giving our kids a limited amount for their education and their weddings. They ended up with a very good set of values so it's now a huge pleasure to be passing on some signifcant early inheritance.
Take her easy
Sarge
hawk35 wrote:
Hi Sarge. I've read some of the replies to your posts on tax in registered vs non-registered accounts. Your 100% correct in your logic. Not sure where these guys are coming from.
My wife and I also have registered and non-registered accounts. 30 years ago I had a six figure income plus bonus so tax savings on my RRSP contributions made it worth doing dispite the higher tax withdrawl rates on my RIF. I did have several company pensions, but I transfered them into LIFs. After retiring early, I kept my whole life insurance policies on myself and my wife. The premium is relatively small by todays standards and the payout will more than pay the lump sum tax bill when the time comes, so my kids won't have anything to complain about. Too bad if they do complain because no one will be listening. LOL.