AnthonyClan

Comments:

• Growth, value, small/large, etc., funny how in summary, all of these articles (if they are honest) will end up back to index funds.

  Post: Growth Isn’t Enough

  Link to comment from September 21, 2024

• It is all relative. Do you own anything that is above the minimum needed for survival? If yes you own your own version of a Bentley. We spend more than the minimum to show off, for our own enjoyment/benefit or a combination thereof. To someone else your home is a Bentley….. We all spend more than we need to on our personal favorite items. Most of us collect something that in most cases are not appreciating assets. Why does Jay Leno collect more cars than he can drive?

  Post: Quinn is considering buying a Bentley 🤑

  Link to comment from September 7, 2024

• Why the hate on NJ? Yes, there are undesirable areas in NJ (like there are in all states), but also incredibly beautiful, desirable areas as well. Nice historic small towns and such. Easy access to NYC and all it has to offer.

  Post: Here to Stay

  Link to comment from August 24, 2024

• If you are just getting married, some financial instruments require one to married for a minimum amount of time before they recognize the marriage, i.e. the 5/10 year marriage rule for Social Security. Some states and private financial companies may have a "got-ya's" in their fine print.

  Post: No Slowing Down

  Link to comment from August 11, 2024

• Yep. There should be some required counseling before they give tens of thousands of dollars to a 19 year old. I spent my early years in community college (which is now cheaper in some states than in my day - free) before going to university. So while state schools are certainly more expensive than "in my day", even today one would not end up $100K in debt. My son currently pay $14K/year tuition, add to that room and board, one still does not get near $100K assuming they are contributing by working part time.

  Post: On Borrowed Time?

  Link to comment from August 10, 2024

• Of course there is some expense reduction when one spouse dies. Maybe not entirely offsetting the loss of income, but significant (food, clothing, cell, etc.). I read an article a while back about single senior seniors becoming roommates to save expenses and for companionship. A great solution if one can find right person, especially for senors on a tight budget.

  Post: Unasked Questions

  Link to comment from August 4, 2024

• Another way to scratch the gambler inside is to test the waters w/o actually investing. Make your bet and note the price you would have paid had you invested. Note this in a logbook. Make additional virtual investments as ideas come to you. Then revisit your logbook on a regular basis. You will determine over time if you have investment chops or no. This is also an interesting way to track trends, predictions, etc. i.e. oil will go down, x commodity will go up/down (that might lead you your investing in a certain market/company). A later evaluation will likely prove that most prognosticators are just click bait (true for most talking heads stock pushers as well). Then again, you might find someone that has a method that works over time, and if so, a cost free to evaluate their methodology.

  Post: Off the Beaten Path

  Link to comment from July 22, 2024

• My friend's parents went into one of these facility and it was fantastic for them. The moved into an apartment, then later downsized as they ages, all in the same facility. However it was very advantageous for them to have a son that was keeping an eye out for them in regards to some contract (typically is is not just paying rent but an agreement to pay a substantial sum up front and on-going payments - so these contracts can be complex) issues and meds. So of you have someone that can "look out for your" brief them on your contract and hopefully they will visit on a regular basis to check in on you, vs. depending on the good-will of the provider.

  Post: On the Move

  Link to comment from July 3, 2024

• Buy used or new, doesn't matter. The best strategy is to buy with cash at whatever economic level you are at. Can't afford to pay cash, then your net worth is insufficient. The least expensive strategy is likley to drive beaters all your life, but for most, driving least expensive is not their goal. After gaining some economic security, most want to drive what they like, not least expensively.

  Post: Racking Up the Miles

  Link to comment from June 29, 2024

• They have electronic picture frames where you can load your photo files. The photos change ever few minutes. A great way to enjoy your mug photos, as well as family pics, etc. Brings back pleasant memories every time I walk by mine.

  Post: One Life to Live

  Link to comment from June 12, 2024