A wise man once said this: “I think the most important lens for viewing a one-off purchase is what percentage it represents of your total wealth. For example, if it’s 0.1% of your net worth, it’s barely worth the mental energy to deliberate over. If it’s 1%, you should probably think more delebritly before pulling the trigger.”
For those with an iPhone, you can setup a “Legacy Contact” that will allow someone to access your iPhone. There’s a code for them and they need to provide a copy of death certificate. They can find your passwords for everything. I also have all my critical contacts coded for easy searching; attorney, FA, etc.
I asked my financial advisor that very question; why rob one person when you can rob the bank. Additionally, there’s always a huge push to put all assets in one brokerage house for simplicity, which is easily understood, but what’s if there’s a a major breach there where monies are transferred out, not just data stolen. Wouldn’t it seem more fiscally prudent to have 1/3 of your identical portfolio across theoretically vanguard, fidelity and Schwab. Many people do that with their cash across banks for the 250k FDIC, an extra layer of protection.
I think the issue is the avg salary in America is about $50,000, and the insurance deductible for a family with decent coverage is $12,000 a year (In Network).
What people used to get arrested for in concert, and sports parking lots, along with sidewalks at the theater has somehow become a legitimate business practice for corporate America now.
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A wise man once said this: “I think the most important lens for viewing a one-off purchase is what percentage it represents of your total wealth. For example, if it’s 0.1% of your net worth, it’s barely worth the mental energy to deliberate over. If it’s 1%, you should probably think more delebritly before pulling the trigger.”
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Link to comment from January 26, 2026
I’m pretty sure that’s been the case for decades
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Link to comment from January 25, 2026
For those with an iPhone, you can setup a “Legacy Contact” that will allow someone to access your iPhone. There’s a code for them and they need to provide a copy of death certificate. They can find your passwords for everything. I also have all my critical contacts coded for easy searching; attorney, FA, etc.
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Link to comment from January 25, 2026
Try meditation. Not a cure all but helps considerably.
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Link to comment from January 5, 2026
Enjoyed the Sanford and Son reference.
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Link to comment from December 22, 2025
I asked my financial advisor that very question; why rob one person when you can rob the bank. Additionally, there’s always a huge push to put all assets in one brokerage house for simplicity, which is easily understood, but what’s if there’s a a major breach there where monies are transferred out, not just data stolen. Wouldn’t it seem more fiscally prudent to have 1/3 of your identical portfolio across theoretically vanguard, fidelity and Schwab. Many people do that with their cash across banks for the 250k FDIC, an extra layer of protection.
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Link to comment from December 18, 2025
I think the issue is the avg salary in America is about $50,000, and the insurance deductible for a family with decent coverage is $12,000 a year (In Network).
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Link to comment from December 17, 2025
What people used to get arrested for in concert, and sports parking lots, along with sidewalks at the theater has somehow become a legitimate business practice for corporate America now.
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Link to comment from October 10, 2025
perhaps a misplaced finger… easy to do
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Link to comment from October 2, 2025
You better hope she or her friends don’t read HD, or you’ll have much bigger problems.
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Link to comment from September 18, 2025