Retired. We try to avoid debt. We downsized prior to retirement, so our railroad retirement and pension cover our normal expenses. That allows us to buy mostly dividend growth stocks for our accounts. We look for dividend growth stocks with good credit ratings, sustainable business positions or moats, that are priced below fair value. We also use no-commission ETFs from Fidelity and Schwab for funds not invested in DGR stocks. We employ a momentum strategy with the ETFs to provide some downside protection during market down trends, while staying in our core DGR stocks, and participate in market up trends.