AUTHOR: L H on 10/14/2024 FIRST: R Quinn on 10/14/2024 | RECENT: EventSpace on 10/20/2024
Comments
I think it's a good strategy because it works for you. I'm in a similar place in life that I've always invested for growth, bit I'm considering starting to invest for dividends.
I'm thankful that Marjorie mentioned some books. Does annoying else have recommend books or websites to learn more
I'm simple and and a tech simpleton. No Quicken or spreadsheets in our household.
Our two SS and three pensions cover all of our expenses. Every source of income goes directly into our online checking account.
From there they are automatically transferred into three MM accounts labeled Car,Vacation, and Rainy Day. The first two are self explanatory and the Rainy Day account is in case of a future unexpected expense. We also have an Emergency fund. We charge almost everything we purchase which that and our non-discretionary bills are paid from the checking account. Even our tithe to our church and monthly financial donations to other ministries are automatically paid from.
Other than that we have a local bank account we keep a little money, just in case we'd need cash immediately for something.
I will second everything you and the other comments have said. HD has for years been my daily "go to" site.
Though I look more for the financial questions and insight, I do enjoy the personal stories occasionally.
I have found myself over the last couple of months waiting for the Saturday newsletter rather than looking at the site daily because of the political commentary
I agree with your comments. Having retired a few months ago, I'm surprised how difficult it is to get conservative with my investments.
Our income covers 100% of our expenses and our investments have always been in growth ETF's
Thank you Richard for this article, it answers most of the questions I wrote to you in a personal email a couple of weeks ago..
Do you also own any individual dividend stocks? If so how do you choose them?
Comments
I think it's a good strategy because it works for you. I'm in a similar place in life that I've always invested for growth, bit I'm considering starting to invest for dividends. I'm thankful that Marjorie mentioned some books. Does annoying else have recommend books or websites to learn more
Post: You’ve Come a Long Way, Baby by Marjorie Kondrack
Link to comment from May 3, 2025
I'm simple and and a tech simpleton. No Quicken or spreadsheets in our household. Our two SS and three pensions cover all of our expenses. Every source of income goes directly into our online checking account. From there they are automatically transferred into three MM accounts labeled Car,Vacation, and Rainy Day. The first two are self explanatory and the Rainy Day account is in case of a future unexpected expense. We also have an Emergency fund. We charge almost everything we purchase which that and our non-discretionary bills are paid from the checking account. Even our tithe to our church and monthly financial donations to other ministries are automatically paid from. Other than that we have a local bank account we keep a little money, just in case we'd need cash immediately for something.
Post: Insomnia and the Back of an Envelope
Link to comment from April 26, 2025
I will second everything you and the other comments have said. HD has for years been my daily "go to" site. Though I look more for the financial questions and insight, I do enjoy the personal stories occasionally. I have found myself over the last couple of months waiting for the Saturday newsletter rather than looking at the site daily because of the political commentary
Post: Let’s Be Adults by Jonathan Clements
Link to comment from April 23, 2025
I agree with your comments. Having retired a few months ago, I'm surprised how difficult it is to get conservative with my investments. Our income covers 100% of our expenses and our investments have always been in growth ETF's
Post: An Antacid Problem
Link to comment from April 21, 2025
Thank you Richard for this article, it answers most of the questions I wrote to you in a personal email a couple of weeks ago.. Do you also own any individual dividend stocks? If so how do you choose them?
Post: Took Time
Link to comment from April 21, 2025
When I'm not sure what to do... I try not to do anything
Post: School Is In
Link to comment from April 19, 2025
I disagree. Post this on a political site then
Post: No financial wisdom here other than ….
Link to comment from April 12, 2025
I'm trying to understand why this political commentary was allowed to be published on HD. It is one of the first and worst that I've ever seen here
Post: No financial wisdom here other than ….
Link to comment from April 12, 2025
So which index would meet your criteria of not large stake in certain companies
Post: Index Three Ways
Link to comment from April 8, 2025
Thank you, Jonathan. I was beginning to feel like I do when I watch the Nightly News. All opinion and no substance
Post: Tariffs and our retirement assets
Link to comment from April 8, 2025