David Sayler

Comments:

• It is the deep risks as explained by William Bernstein that are so hard to protect against. You are absolutely correct, that it is usually the unanticipated events that harm us the most.

  Post: The Risks We Miss

  Link to comment from July 13, 2024

• I'll add the Alpine Loop to one of our next trips to Colorado! Thanks for the tip!

  Post: Better Together

  Link to comment from December 22, 2023

• I absolutely agree that there is much more to FP than asset management. And for people who need a push to remind them to take care of those other aspects, a FP is useful. I just never felt like I needed to retain one at the cost of 1% AUM.

  Post: Getting Rolled

  Link to comment from December 18, 2023

• I purposely picked what I thought was a high number as an hourly rate. Assuming half the cost goes to overhead (rent, assistant, software, etc) - that leaves half ($250/hr) as earnings. Assuming the planner can bill 2,000 hours a year (50 weeks x 20 hours/week), that is an income of $500,000 per year.

  Post: Getting Rolled

  Link to comment from December 18, 2023

• I'd not heard of this. Good to keep in mind!

  Post: Roll This Way

  Link to comment from August 28, 2023

• I really appreciate the nuclear industry. It has been a fascinating history. I interviewed with Babcock and Wilcox shortly after TMI. They offered a nice salary and a company car. But nobody was sure how long they would be around. I looked elsewhere.

  Post: Going Nuclear

  Link to comment from August 25, 2023

• Agreed. Although I think there was a pretty strong correlation between amount of OT and the divorce rate.

  Post: The Company You Keep

  Link to comment from July 18, 2023

• Lesson Learned? We were on a cruise with our young sons. There wasn't much going on, so my wife suggested we play Bingo. I bought each son a $2 card and told them that they could keep whatever they won - figuring that I was teaching them how gambling doesn't pay. They promptly won a $100, which they split between them!

  Post: Two Dollars to Win

  Link to comment from June 12, 2023

• IF there are any cost savings from the garden, it is only because it keeps me from going to the farmers market and buying more than I need because it all looks so go. I view the garden as exercise and therapy.

  Post: New Kid on the Job

  Link to comment from January 3, 2023

• I'mwith you. My dog is a great big cost - but well worth every penny.

  Post: Puppy Love

  Link to comment from October 18, 2022