Good post. Many kinds of personal investing journeys can lead to the final destination of a financially secure retirement. Trial and error, including a variety of investing errors, can provide experience that can result in future knowledge and success. In a decades-long investing journey, a perfect record or a completely optimized plan is hard, if not nearly impossible, to achieve. Yes, just do it: save and invest regularly, focus on the long-term goal, make reasonable asset allocation and asset location decisions, stay invested, and let compound interest work for you over time. congratulations on your successful journey and for sharing your personal experiences.
No, not too subtle. Humorous post that I thoroughly enjoyed. When I started a volunteer activity in 2018, the organization told the other volunteers and me how much per hour our volunteer “work” saved the organization. That was the only time when I have bothered to think about the economic value of what I voluntarily do for free as a retiree.
As long as they are just fantasy billable hours, why not increase your fantasy hourly rate and feel even more highly paid in your fantasy accounting for your time?
Good post. My impression, however, is that postings generally have become more often about retirement lifestyle issues and personal anecdotes, which may have “money angles” or which may have very attenuated ties to personal finance issues, and less often directly about the “money angle.” It seems like an example of mission creep. As a result, I read HD now more for entertainment value and less for educational value. I also share another commenter’s concern about the negative tone of some comments & often ignore comments or read them only until they become too negative or argumentative. HD’s direction & future success after Jonathan Clement’s passing seem uncertain to me.
I don’t think that I have ever known a financially successful person who did not work hard for most, if not all, of their working years. Success without hard work is very hard, if not impossible, to achieve. I worked hard throughout my career, and both of our daughters criticized me for being a so-called “workaholic.” I did what my job required and achieved some degree of financial success. It was just part of the deal in my chosen profession. Now both my daughters work really hard in their careers and additional part-time jobs, but I am too polite to suggest that they may be on their way to becoming “workaholics,” too.
Yes, being financially able to delay Social Security benefits is a privilege. It has value if you can afford to do it. But many people want or need to start receiving benefits at age 62 or at their normal age. i waited until age 70 and do not regret that choice, but realize that the choice was only possible because we were in a position to afford the delay.
By concluding that, in part, Mr. Clase and Mr. Ortiz made less than rational financial decisions by allegedly accepting modest sums of money for conspiring with bettors and rigging some pitches, Mr. Tomamichel is very charitable to them. It is less charitable, but at least equally accurate, to say that they were simply foolish, as well as being greedy. Mr. Clase will not get paid the rest of his multi-million dollar contract once MLB and the Guardians convert the paid, non-disciplinary suspension into a termination. Mr. Ortiz will suffer a similar loss of income after his contract ends. Both will likely receive a lifetime ban from the MLB. Their highly-paid professional baseball careers in the MLB are over. Both, if convicted of the alleged crimes or if they plead guilty to one or more of the charges, will likely be imprisoned for a period of years. The facts that they are non-violent offenders presumably with no previous criminal records may mitigate the severity of their sentences, but should not suffice to keep them out of prison. That imprisonment will occur after they incur substantial legal fees to fight the allegations. it is an understatement to view their choices as, in part, merely less than rational financial decision making. For modest payoffs, they have wrecked their careers and financial well-being and have exposed themselves to the risk of significant prison time. Irrational and foolish.
Who? Fair question. Answer: the people identified in the third paragraph of your post, ones who lack your middle class values and higher socioeconomic status. If you intended to be using hyperbole, you may have been, based on the harsh comments, who understood your use of hyperbole.
Comments
Good post. Many kinds of personal investing journeys can lead to the final destination of a financially secure retirement. Trial and error, including a variety of investing errors, can provide experience that can result in future knowledge and success. In a decades-long investing journey, a perfect record or a completely optimized plan is hard, if not nearly impossible, to achieve. Yes, just do it: save and invest regularly, focus on the long-term goal, make reasonable asset allocation and asset location decisions, stay invested, and let compound interest work for you over time. congratulations on your successful journey and for sharing your personal experiences.
Post: My Investing Journey, Just Do It
Link to comment from November 29, 2025
No, not too subtle. Humorous post that I thoroughly enjoyed. When I started a volunteer activity in 2018, the organization told the other volunteers and me how much per hour our volunteer “work” saved the organization. That was the only time when I have bothered to think about the economic value of what I voluntarily do for free as a retiree.
Post: Fantasy Retirement Billable Hours
Link to comment from November 25, 2025
As long as they are just fantasy billable hours, why not increase your fantasy hourly rate and feel even more highly paid in your fantasy accounting for your time?
Post: Fantasy Retirement Billable Hours
Link to comment from November 25, 2025
Good post. My impression, however, is that postings generally have become more often about retirement lifestyle issues and personal anecdotes, which may have “money angles” or which may have very attenuated ties to personal finance issues, and less often directly about the “money angle.” It seems like an example of mission creep. As a result, I read HD now more for entertainment value and less for educational value. I also share another commenter’s concern about the negative tone of some comments & often ignore comments or read them only until they become too negative or argumentative. HD’s direction & future success after Jonathan Clement’s passing seem uncertain to me.
Post: Not Just About the Money
Link to comment from November 20, 2025
I don’t think that I have ever known a financially successful person who did not work hard for most, if not all, of their working years. Success without hard work is very hard, if not impossible, to achieve. I worked hard throughout my career, and both of our daughters criticized me for being a so-called “workaholic.” I did what my job required and achieved some degree of financial success. It was just part of the deal in my chosen profession. Now both my daughters work really hard in their careers and additional part-time jobs, but I am too polite to suggest that they may be on their way to becoming “workaholics,” too.
Post: Something fishy about financial security
Link to comment from November 14, 2025
Yes, being financially able to delay Social Security benefits is a privilege. It has value if you can afford to do it. But many people want or need to start receiving benefits at age 62 or at their normal age. i waited until age 70 and do not regret that choice, but realize that the choice was only possible because we were in a position to afford the delay.
Post: THE REAL RETURN ON DELAYING SOCIAL SECURITY
Link to comment from November 13, 2025
By concluding that, in part, Mr. Clase and Mr. Ortiz made less than rational financial decisions by allegedly accepting modest sums of money for conspiring with bettors and rigging some pitches, Mr. Tomamichel is very charitable to them. It is less charitable, but at least equally accurate, to say that they were simply foolish, as well as being greedy. Mr. Clase will not get paid the rest of his multi-million dollar contract once MLB and the Guardians convert the paid, non-disciplinary suspension into a termination. Mr. Ortiz will suffer a similar loss of income after his contract ends. Both will likely receive a lifetime ban from the MLB. Their highly-paid professional baseball careers in the MLB are over. Both, if convicted of the alleged crimes or if they plead guilty to one or more of the charges, will likely be imprisoned for a period of years. The facts that they are non-violent offenders presumably with no previous criminal records may mitigate the severity of their sentences, but should not suffice to keep them out of prison. That imprisonment will occur after they incur substantial legal fees to fight the allegations. it is an understatement to view their choices as, in part, merely less than rational financial decision making. For modest payoffs, they have wrecked their careers and financial well-being and have exposed themselves to the risk of significant prison time. Irrational and foolish.
Post: Closing pitcher for the Guardians? Not Homo Economicus.
Link to comment from November 11, 2025
“Fuzzdom” — word of the month Thanks to your wife for that one, Mr. Crothers..
Post: I Don’t Like to Judge…But.
Link to comment from November 9, 2025
Who? Fair question. Answer: the people identified in the third paragraph of your post, ones who lack your middle class values and higher socioeconomic status. If you intended to be using hyperbole, you may have been, based on the harsh comments, who understood your use of hyperbole.
Post: Shopping carts. Please don’t consider this a rant. It is a lamentation.
Link to comment from November 5, 2025
Sorry, Mr. Quinn. It is a rant. The “theory” comes across as prejudice in disguise.
Post: Shopping carts. Please don’t consider this a rant. It is a lamentation.
Link to comment from November 5, 2025