Joe Kesler

Comments:

• Haha! Thanks Chris. I'm in transition trying to become more of a drop artist, but it's such a rush to drive the ball that it's taking some time. How about you?

  Post: My Five Lessons

  Link to comment from January 18, 2024

• Mike, I know some of those octogenarian pickleball players too! They are my inspiration for trying to stay healthy and become one someday.

  Post: My Five Lessons

  Link to comment from January 15, 2024

• Thanks Linda! There are a lot of choices in retirement. Sounds like you have found a nice rhythm. I appreciate your note about others giving you advice on what you should do. All well intentioned, I'm sure, but we have to be the CEO of our retirement!

  Post: My Five Lessons

  Link to comment from January 15, 2024

• I got a lifetime admission to the National Parks for $80 I believe. I think I just missed the deadline for it when it was $20. I'm assuming the extra $60 went to support our parks so I actually told my wife I was happy we paid more.

  Post: What items would you happily buy even if they were twice the price?

  Link to comment from May 16, 2021

• I hate the click bait headlines like, "Six stocks you need to buy now!" Why would I think some journalist trying to get readers with a seductive headline would know how to beat the market? I don't.

  Post: What popular financial advice do you ignore?

  Link to comment from May 16, 2021

• Ideally I prefer to assist my kids through college so they are not saddled with student loan debt as they enter the workforce. After that, it seems tough love is most effective in helping them grow up by putting them on their own. But of course true love is always going to step up in an emergency to assist if it was not caused by their own failure to work. So far this plan has worked for four of our kids with no emergency bailouts. One more graduating from college next month, so shooting for five out of five.

  Post: When should parents stop supporting their adult children financially?

  Link to comment from April 14, 2021

• I'm not a big fan of debt in retirement, but I think there is an interesting angle for those wanting a hedge of inflation to maintain a low cost mortgage. If the currency is debased we would pay that mortgage off with cheaper dollars. Other than as an inflation hedge, I'd rather lower my monthly expenses by not having any debt payments.

  Post: Is it okay to retire with debt?

  Link to comment from April 14, 2021

• I wouldn't recommend trying to beat it. We can beat the roulette wheel when the odds are only 48% in our favor when we get lucky for awhile. Eventually the odds stacked against us will catch up. In the same way, some beat the market for awhile through luck, although they may convince themselves it's their keen insight into stock patterns or some other nonsense. But filtering out random luck, I don't know anybody that can consistently beat owning the entire market through low cost index funds.

  Post: Can the market be beaten?

  Link to comment from April 14, 2021

• Dave you're not a conformist. I think the government numbers show a big drop off happened in consumer spending and savings went up, but it's good a few like you kept some money flowing through the economy. Thanks for your contribution to the economy!

  Post: Five Lessons

  Link to comment from April 14, 2021

• Thanks Rick. It's perplexing to me that we are throwing money at so many things and even talking about forgiving student loans, while the social security fix doesn't even seem to be on the radar. I'm sure it will get done, but who knows when.

  Post: Five Lessons

  Link to comment from April 14, 2021