A password manager with 2FA creates the original problem. The solution appears to have a second device available, i.e. iPhone+ a laptop or iPad. Kinda defeats the idea of travelling light, but the second devise solves a lot of potential problems.
To my knowledge, ROTH conversions have not been around long enough to confirm if they are a winning strategy. Won't really know until we have many long term studies. Filling up low tax brackets appears to be a better than average bet, and for wealthy estate planning purposes, but otherwise, a bet at best. The pendulum is swinging back, general news has been Roth+++ until recently and now one see articles/videos tempering the Roth enthusiasm.
Complaints are an acknowledgement that our systems, however good they are, could be better. Our health care is best in the world - if one has good insurance. There are many in the US that have no health care unless they go to the emergency room and/or are bankrupted by health care bills. This situation is entirely avoidable while still maintaining a world class health care system. I lived overseas 23 years and have seen the good/bad/ugly. We should be grateful for what we have, but never complacent. The idea that "the US is always best" does a disservice to ourselves. Be thankful, but but never stop raging against the machine.....
City 2% everything else card.
Sam's MC card for Sam's and Sam's fuel
Amazon CC for Amazon purchases
USAA AMEX for gas - 5% (this is a little known card that many should consider if they qualify for USAA membership).
Another trend against the retail investor is that companies are staying private longer resulting in early private investors getting most of the early gains of a new companies. By the time they go public, retail investors are left with crumbs while the private investors are long gone.
My assistance is in direct proportion to the trajectory of the kids. If they show good intent and are working towards something, the more I will support them. If the grades are good, I'm happy to pay school fees. Everyone in the home contributes in some manner. Freeloading hurts all involved. In many ways it is harder today, but also easier in many ways. If I had U-Tube in my younger years I would have saves thousands of hours (spend in the library or experimentation) in learning how to do stuff (auto maintenance, house repairs, research, finances....) and just widening my world to opportunities I would have not otherwise known about.
I find that those who debate the importance of money, generally have it. Let’s hear the opinions of a panel of randomly selected poor folks discuss the subject.
Same for me - once I found out the CEO’s salary, private jet flights, and saw their fancy main office building in the best part of town, I left as well. The payroll deduction program encourages more giving than otherwise would likely happen. But I wish corporations would partner with a more efficient organization.
I suspect the responses maybe affected by recency bias. With the stock market doing so well for so many years, higher savings appears to have the stronger case. Would the responses change if we had just experienced a recession, or long overdue correction?
Comments
A password manager with 2FA creates the original problem. The solution appears to have a second device available, i.e. iPhone+ a laptop or iPad. Kinda defeats the idea of travelling light, but the second devise solves a lot of potential problems.
Post: Digital Lockout: A Cautionary Tale
Link to comment from October 18, 2025
To my knowledge, ROTH conversions have not been around long enough to confirm if they are a winning strategy. Won't really know until we have many long term studies. Filling up low tax brackets appears to be a better than average bet, and for wealthy estate planning purposes, but otherwise, a bet at best. The pendulum is swinging back, general news has been Roth+++ until recently and now one see articles/videos tempering the Roth enthusiasm.
Post: Contrarian Thinking About Roth Conversions
Link to comment from October 18, 2025
Complaints are an acknowledgement that our systems, however good they are, could be better. Our health care is best in the world - if one has good insurance. There are many in the US that have no health care unless they go to the emergency room and/or are bankrupted by health care bills. This situation is entirely avoidable while still maintaining a world class health care system. I lived overseas 23 years and have seen the good/bad/ugly. We should be grateful for what we have, but never complacent. The idea that "the US is always best" does a disservice to ourselves. Be thankful, but but never stop raging against the machine.....
Post: The 1% Club: Our Unnoticed Wealth
Link to comment from September 27, 2025
City 2% everything else card. Sam's MC card for Sam's and Sam's fuel Amazon CC for Amazon purchases USAA AMEX for gas - 5% (this is a little known card that many should consider if they qualify for USAA membership).
Post: What is your credit card rewards strategy?
Link to comment from September 13, 2025
Another trend against the retail investor is that companies are staying private longer resulting in early private investors getting most of the early gains of a new companies. By the time they go public, retail investors are left with crumbs while the private investors are long gone.
Post: Harder Than It Looks
Link to comment from August 16, 2025
My assistance is in direct proportion to the trajectory of the kids. If they show good intent and are working towards something, the more I will support them. If the grades are good, I'm happy to pay school fees. Everyone in the home contributes in some manner. Freeloading hurts all involved. In many ways it is harder today, but also easier in many ways. If I had U-Tube in my younger years I would have saves thousands of hours (spend in the library or experimentation) in learning how to do stuff (auto maintenance, house repairs, research, finances....) and just widening my world to opportunities I would have not otherwise known about.
Post: Family Dynamics, Part 2: Supporting Adult Children
Link to comment from July 26, 2025
I find that those who debate the importance of money, generally have it. Let’s hear the opinions of a panel of randomly selected poor folks discuss the subject.
Post: How Important Is Money?
Link to comment from July 20, 2025
A company named after a thief tells you all you need to know about their product and service offerings…….
Post: Lindy’s Law
Link to comment from July 12, 2025
Same for me - once I found out the CEO’s salary, private jet flights, and saw their fancy main office building in the best part of town, I left as well. The payroll deduction program encourages more giving than otherwise would likely happen. But I wish corporations would partner with a more efficient organization.
Post: Saving and Giving
Link to comment from June 28, 2025
I suspect the responses maybe affected by recency bias. With the stock market doing so well for so many years, higher savings appears to have the stronger case. Would the responses change if we had just experienced a recession, or long overdue correction?
Post: You Might Be Ready to Retire…Who Would You Rather Be?
Link to comment from June 14, 2025