I’ll have to learn more about the smart beta funds. My thinking about active trading vs passive is that most people (including myself) aren’t able to put the time, energy and expertise it takes to beat the market. Passive wins out for most people.
This obviously deserves a column, but here are some bullet points to start off with.
Don’t buy individual stocks. The best bet for us civilians are called index funds which own little pieces of EVERY stock.
Target date funds from Vanguard or others will give you a sensible mix of stocks and bonds based on how far you are from retirement
The advantage of accounts like 401k/Roth IRA/Regular IRA is that your investments are not taxed the same . Good rule of thumb: put enough into the 401k to get any employer match, then work on maxing the Roth IRA, then max 401k if you can
Always look at the cost of the funds you pick, called the “expense ratio”. Go for as low as possible and tell anything at or above 1% to fuck right off
Right there with you. Our credit union has all the bells and whistles as a big bank and routinely beats the shit out of everyone else when it comes to interest rates. 3% interest on checking for starters
Being married is like running a small business with your significant other. Buying a house, planning for retirement, and having children requires some budgeting and planning. We use the same bank for all of our accounts (4 if you’re counting) so the transfers aren’t public, but there’s plenty of money being shuffled around.
Nick I’m begging you on my knees to continue with the “emotionally healthy people dealing with problems honestly” trend. It’s the perfect counterweight to TGDAG.
Gym guy- as a person who is also sensitive about their upper body strength, my strategy has been to hit the machines rather than the free weights. It’s less obvious how much or little you’re lifting, and you avoid the situation you described with not being able to get the bar back up.
My standard advice is that about 12-18 hours beforehand you need to consciously shut down any concerns except being calm, relaxed, and happy to answer “yes”. Being in a good headspace come showtime is your only job.
Heading to The Big House in Ann Arbor to see Manchester United vs Liverpool. Thankfully Egypt got bounced from the World Cup early, so Mo Salah is actually going to play. Can’t wait.
Honestly I don’t think either of them are going to meet Big T’s standards. Wouldn’t be surprised if he gives them both the bitch slap to the face they’ve needed for so long.
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Honestly an algorithm gives me more peace of mind.
I’ll have to learn more about the smart beta funds. My thinking about active trading vs passive is that most people (including myself) aren’t able to put the time, energy and expertise it takes to beat the market. Passive wins out for most people.
This obviously deserves a column, but here are some bullet points to start off with.
Don’t buy individual stocks. The best bet for us civilians are called index funds which own little pieces of EVERY stock.
Target date funds from Vanguard or others will give you a sensible mix of stocks and bonds based on how far you are from retirement
The advantage of accounts like 401k/Roth IRA/Regular IRA is that your investments are not taxed the same . Good rule of thumb: put enough into the 401k to get any employer match, then work on maxing the Roth IRA, then max 401k if you can
Always look at the cost of the funds you pick, called the “expense ratio”. Go for as low as possible and tell anything at or above 1% to fuck right off
Right there with you. Our credit union has all the bells and whistles as a big bank and routinely beats the shit out of everyone else when it comes to interest rates. 3% interest on checking for starters
All of the things about personal finance that are fun and interesting are completely meaningless if you don’t spend less than you earn. Period.
That’s a very kind offer. I’ll have to remember that if I ever get off my ass and write something. Thank you sir, and continue the good work.
Being married is like running a small business with your significant other. Buying a house, planning for retirement, and having children requires some budgeting and planning. We use the same bank for all of our accounts (4 if you’re counting) so the transfers aren’t public, but there’s plenty of money being shuffled around.
Monty Python’s The Meaning of Life is an all time great if you’re into slightly nihilistic absurdity.
One of my favorite series
Nick I’m begging you on my knees to continue with the “emotionally healthy people dealing with problems honestly” trend. It’s the perfect counterweight to TGDAG.
Fritos are absolutely inedible
Gym guy- as a person who is also sensitive about their upper body strength, my strategy has been to hit the machines rather than the free weights. It’s less obvious how much or little you’re lifting, and you avoid the situation you described with not being able to get the bar back up.
Emperor’s New Groove, Groundhog Day, and Scott Pilgrim vs. the World are all some of the most re-watchable movies ever made in my opinion
But for real, long VNQ
My standard advice is that about 12-18 hours beforehand you need to consciously shut down any concerns except being calm, relaxed, and happy to answer “yes”. Being in a good headspace come showtime is your only job.
Another purge? I miss Bacon.
Heading to The Big House in Ann Arbor to see Manchester United vs Liverpool. Thankfully Egypt got bounced from the World Cup early, so Mo Salah is actually going to play. Can’t wait.
Honestly I don’t think either of them are going to meet Big T’s standards. Wouldn’t be surprised if he gives them both the bitch slap to the face they’ve needed for so long.
I see! Alright, that actually warrants some thought.
While Timothée and I certainly have almost nothing in common, I like him more than some family members.