Random Walk by Malkiel is the winner that taught me and millions that indexing is the winning strategy and I read it around 1976. history has proven it 100% true and will remain so.
don't go off the rails with active or alternative investing
You need an advisor more than anything to control your emotions. Investing in a FEW!!! index funds is simplicity and low fees. For the uninformed read Bogle, Malkkiel, and Nick Murray(Simple Wealth). Simple Wealth was a gam,e changer in how I manage my 3 kids assets; 100% equities
I never did as I won the game investing from 75-2000. Lost out in this bull my but never lost an iota of sleep living off unearned income for 26yrs now.
You get to a point when you won the game and lighten up to avoid another black swan event or a political nightmare
Advantage plans are captivated in that the md provider gets a check for X number of pts on a steady basis if he sees you or not. I saw this in NJ Dental Medicaid and its a vv poor system leading to prioritizing pts
My philosophy in retirement is to have a portfolio that allows me to sleep well
Of course you need to understand SORR. ask yourself at retirement if you could afford a 50% equity loss and maintain lifestyle. That has happened twice this century. Just be a well educated investor and use index funds as that's the 50yr proven method superior to any other methodology
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Another great book Simple Wealth by Nick Murray The 4 pillars by Bernstein and bogle's books
Post: Your two best investing books—and do you also keep an End-of-Life “family binder”?
Link to comment from January 21, 2026
Random Walk by Malkiel is the winner that taught me and millions that indexing is the winning strategy and I read it around 1976. history has proven it 100% true and will remain so. don't go off the rails with active or alternative investing
Post: Your two best investing books—and do you also keep an End-of-Life “family binder”?
Link to comment from January 5, 2026
5 yrs BEFORE RETIREMENT know what SORR means!!!
Post: If You Could Rewind 5 Years Before Retirement… What Would You Change?
Link to comment from December 27, 2025
You need an advisor more than anything to control your emotions. Investing in a FEW!!! index funds is simplicity and low fees. For the uninformed read Bogle, Malkkiel, and Nick Murray(Simple Wealth). Simple Wealth was a gam,e changer in how I manage my 3 kids assets; 100% equities I never did as I won the game investing from 75-2000. Lost out in this bull my but never lost an iota of sleep living off unearned income for 26yrs now. You get to a point when you won the game and lighten up to avoid another black swan event or a political nightmare
Post: Does My Sister Need a Financial Advisor?
Link to comment from November 6, 2025
Advantage plans are captivated in that the md provider gets a check for X number of pts on a steady basis if he sees you or not. I saw this in NJ Dental Medicaid and its a vv poor system leading to prioritizing pts
Post: Don’t make the wrong Medicare decision
Link to comment from October 29, 2025
I did a bunch of conversions to create an account for LTC with my eff tax rate in Florida at 20% on around 400k in income
Post: Roth Hidden Benefits
Link to comment from October 26, 2025
The last sentence sums it up brautifully my mantra is can you afford a 50% stock loss and maintain lifestyle
Post: Achieving and maintaining all the retirement income you need for a chosen lifestyle with limited worry.
Link to comment from September 21, 2025
My philosophy in retirement is to have a portfolio that allows me to sleep well Of course you need to understand SORR. ask yourself at retirement if you could afford a 50% equity loss and maintain lifestyle. That has happened twice this century. Just be a well educated investor and use index funds as that's the 50yr proven method superior to any other methodology
Post: What Could Possibly Go Wrong?
Link to comment from September 2, 2025
65-75 gogo yrs. 75-85. slow go. 85-95 logo
Post: Don’t worry, be happy: tripping through the go-go years
Link to comment from August 6, 2025
just read a book or two by bogle or malkiel or wm Bernstein to educate yourself. a 2nd grader can do it
Post: The Good Advisor
Link to comment from July 29, 2025