AUTHOR: Kenneth Tobin on 7/17/2024 FIRST: Rick Connor on 7/17/2024 | RECENT: Rick Connor on 7/17/2024
Comments
20% in one stock is far too much risk. If your goal is to leave much to the kids you might consider lowering your stock allocation. What tax bracket would that hit if you sell. Too late for roth conversions LIGHTEN up at age 82 as the mkt is OVERVALUED according to Buffett
Red Flag alert when couples have separate accounts. IF SO make sure you have copies of their accounts forever and the same with tax returns. KEEP THEM FOREVER. Divorce is rampant and raises its ugly head in settling finances in divorce
As Bernstein said "When you won the game. cash in your chips". When you reach your goal cut back your work and enjoy the fruits of your labor. An extra X amount of dollars will not bring you better health or happiness
A Heloc is great to have in case you need to fund your ira or whatever. Usually minimal feeb to apply and small yearly charge. You might be able nowadays to deduct the interest on tax return
The entire Medicare system in drowning in gross over treatment and considerable fraud. When patients have no skin or minimal skin the game they do not care about fees being charged.
I could care less how wealthy one is but to pay these exorbitant fees does nothing to help your children as they think it's the norm. Hopefully they will no better with time
Comments
20% in one stock is far too much risk. If your goal is to leave much to the kids you might consider lowering your stock allocation. What tax bracket would that hit if you sell. Too late for roth conversions LIGHTEN up at age 82 as the mkt is OVERVALUED according to Buffett
Post: Critique my investment strategy or lack thereof
Link to comment from February 25, 2026
Can it be converted tax free to a Roth at age 18??
Post: Trump Account
Link to comment from February 24, 2026
Trump Account contribution from govt is for babies 2026-2030
Post: Trump Account
Link to comment from February 24, 2026
we are due for as downturn or worse; a black swan event in this crazy political environment
Post: Don’t Let Mr Market Bully You: A Gentle Reminder of Your Built-In Protection
Link to comment from February 8, 2026
Red Flag alert when couples have separate accounts. IF SO make sure you have copies of their accounts forever and the same with tax returns. KEEP THEM FOREVER. Divorce is rampant and raises its ugly head in settling finances in divorce
Post: The High Cost of Financial Advice: A Tale of Two Portfolios Revisited
Link to comment from February 6, 2026
As Bernstein said "When you won the game. cash in your chips". When you reach your goal cut back your work and enjoy the fruits of your labor. An extra X amount of dollars will not bring you better health or happiness
Post: The Right Time to Retire Isn’t Always the Optimal Time
Link to comment from February 5, 2026
living in fla with an income of almost 400k and 20% eff tax rate-whats better
Post: Your effective tax rate
Link to comment from February 1, 2026
A Heloc is great to have in case you need to fund your ira or whatever. Usually minimal feeb to apply and small yearly charge. You might be able nowadays to deduct the interest on tax return
Post: Advice I give to anyone who’ll listen!
Link to comment from January 31, 2026
The entire Medicare system in drowning in gross over treatment and considerable fraud. When patients have no skin or minimal skin the game they do not care about fees being charged.
Post: Medicare Advantage- heads up‼️
Link to comment from January 30, 2026
I could care less how wealthy one is but to pay these exorbitant fees does nothing to help your children as they think it's the norm. Hopefully they will no better with time
Post: Money to burn?
Link to comment from January 26, 2026