Al Lindquist Interesting--I would be curious to see how bonds and cash provided income from 2000 to '24. Interest rates plummeted during many years of that period. Remember the mortgage rates of 2.5%-3.5%? Looks to me that spending money would be extracted from interest and maybe principal. Indexing sounds good on the way up but distribution makes me wonder.
Enjoyed the comments about your Dad--I suspect he was as productive on his last month as he was a year earlier. My parents lived much like yours and traveled nowhere but with large gardens, lawns, and flower beds were perfectly happy. Of course if you are a machinist not many repair folks showed up at our house. They had money as they went through the Depression, like your parents, and lived a frugal life. We all live differently but planning early in life to save and invest for retirement can allow for choices.
Comments
Al Lindquist Interesting--I would be curious to see how bonds and cash provided income from 2000 to '24. Interest rates plummeted during many years of that period. Remember the mortgage rates of 2.5%-3.5%? Looks to me that spending money would be extracted from interest and maybe principal. Indexing sounds good on the way up but distribution makes me wonder.
Post: If I Didn’t Index
Link to comment from June 17, 2025
Enjoyed the comments about your Dad--I suspect he was as productive on his last month as he was a year earlier. My parents lived much like yours and traveled nowhere but with large gardens, lawns, and flower beds were perfectly happy. Of course if you are a machinist not many repair folks showed up at our house. They had money as they went through the Depression, like your parents, and lived a frugal life. We all live differently but planning early in life to save and invest for retirement can allow for choices.
Post: Not That Person
Link to comment from June 26, 2024