ericd1

I think you've nailed it. After 50 years of equities I find myself anchored. Thanks!

But this is a value forum - shouldn't he be valuation timing it? Shifting away from any equities relative to their expected return? Are your equities indexed or in individual stocks, Eric? If the former, I'd make the switch today (believing the market overvalued and so the expected return not enough greater than bonds to justify the risk). If the latter, you might shift away first those with the least expected return. There's a mix of indexed and individual positions. 80% IRA which I can rollover, 20% taxable (will pay CG tax) There's lots of ideas and strategies on accumulating retirement funds and suggestions for retirement allocations,, but I'm not finding much on how to reset portfolio for retirement and withdrawl strategies. %

Agree - Has to be fixed plan to accomplish.

Looks interesting, however, a little complex for me. Thanks

The great minds on this board probably have some ideas I haven't considered... How would you approach moving from 100% equities to a 75/25 equity/bond allocation over the next year/years?

I thought long and hard about Apple when it slid, but didn't pull the trigger. Perhaps more than a few of us (me included) missed Fairfax' 2014 move. Could have should have but didn't sell IBM over 210. Still a happy camper!

I've been thinking about the drop in oil prices and here's my two cents... 1-World demand for oil isn't in a rapid decline and longer-term demand is increasing 2-New US production has added enough supply to upset global supply/demand 3-Current oil price decline is due to global over-supply 4-OPEC countries will cut production - Why 'give away' valuable reserves and they need the income 5-The global economy will strengthen from the oil price drop 6-Prices will return to $100/bbl < 3 years 7-Situation has created lots of opportunities up and down the risk scale from majors to Russian equities I have been nibbling on - OIL - iPath S&P GSCI Crude Oil TR ETN - Risky for many reasons (ETN unsecured,etc), but a very small position highly correlated to WTI price

BAC & GE leaps

No I don't - I agree it looks expensive, but they are back to increasing sales and earnings. Still watching the stock and listening to the calls. Waiting to see if they hint about a big new product...

New 52-week lows yesterday - Transocean (RIG), Diamond Offshore (DO), ENSCO (ESV) and SeaDrill (SDRL)... Has fracking really killed offshore drilling? Looks tempting to me...Comments???

I think with a little online checking you will find there's an error in the math. :)

Eric - I believe the pre-existing exclusion is coming to an end with the new laws. Not sure when but you'll be able to get coverage. And if you don't they will fine you. Wow. I wanted to purchase coverage that extended beyond what my supplemental Medicare would pay, nope not available...like you I don't get it...

Thanks guys -- I like the thought of $20 soon, but would still consider some 16's depending on the premium/leverage as I have a couple of 14's I haven't rolled into 15's...Like to keep my options (no pun intended) flexible. Also until another oppty shows up I'm ok not paying taxes on the gain.

Anybody know offhand when the '16 leaps become available? Thanks in advance...

Another good quarter - Record revenue, total orders and high backlog. New first year orders were $2.4 million, up 17% from 1Q FRom Press release - two new products that more than triple the size of our addressable market and that we believe will lead us to even higher growth rates in 2014. ZixDLP, which addresses an enterprise’s number one data leakage problem, was launched in March. Our second new product is ZixOne, our innovative approach to BYOD. ZixOne is in beta with nearly 30 customers and receiving very positive feedback. ZixOne literally takes 30 minutes or less to connect to a company’s email Exchange server, and then individual employees can download and implement the app in less than a minute. ZixOne can solve the BYOD security issue surrounding corporate email that is a top concern of nearly every CIO and CTO in the corporate world. We remain on track to meet our September 3 general availability date and look forward to delivering this disruptive product to the marketplace.” Still think someone is going to buy this $270M company... Earnings Press Release http://finance.yahoo.com/news/zix-corporation-achieves-18th-consecutive-200500832.html Conference Call http://seekingalpha.com/article/1566342-zix-corporation-zixi-ceo-discusses-q2-2013-results-earnings-call-transcript?source=email_rt_article_title I'm long Zixi