Am thinking about putting 90% of money (1.4 mil) in prefer stock to live off of for income purpose at 36 yrs?
Answers: Please reword your statement as a question. I'm not sure what you are asking.
Is 90% the question? I'd suggest 10% instead.
Is 1.4 million the question? I'd suggest 10 million CDN instead.
Is preferred stock the question? I'd recommend real estate instead.
Judging by the grammar, I don't trust "at" - and think it might instead mean "in", or "by". I'd suggest 18 years of age to do this at, if not sooner. If 36 is a duration, I'd recommend achieving your goal in 7 years instead.
You should learn to trade the stock market.
Many professionals can make 2 or 3 didgit returns on their money year after year. If you could learn to do that and just put say $200,000 into trading and the rest into preferred stock you could make a lot.
This website can teach you about trading and can help you make a system for trading.
Preferred stock? Common stock would seem to make more sense for income and yield. If you are 36 years old, then a high weight to stocks makes sense, but even so 90% is high. If you expect to live 36 more years, then 90% really is too high. That is not diversified enough.
Delta Air Lines (NYSE:DAL) has had a good run in a weak market, is there still value at these levels?
Answers: Delta may be trading on speculation about potential mergers rather than on fundamentals. Wall Street loves any talk of airline mergers, even though they virtually never work and usually create huge headaches for the acquiring company.
NO, the rumor is priced in.
Can I contribute to a College Savings Plan 529 presently?
I'm 23.. I've been surrounded by investing in my companys 401k, and a Roth IRA for around a year now. Is it adjectives possible to also contribute money to college savings plan 529 as welll if I dont own kids yet? I want it to be for them when I eventually bring that point where they are going to college.Answers: You can sure create a 529 account very soon. You could name yourself as the beneficiary and after change it to your kids when they come along. The prevalent negative of doing so is that you might trigger a endowment tax when you relocate the beneficiary if the amount in the 529 plan is massive. But this is not an insurmountable obstacle. You can manufacture partial rollovers to gradually vary the beneficiary and keep the annual amount below what would trigger a gift due.