Kurt S

Comments:

• Putting a dollar figure (real money) and not a percentage is humble.

  Post: Not Like the Others

  Link to comment from December 17, 2022

• Hate to write it, but my portfolio is down $735K in 2022. It was $4.82M on January 1, 2022. So I still have over $4M. Plus, no mortgages (a free and clear house) and pretty low monthly expenses that are easily covered by dividends and interest income. So, I'm not worried. I got to a nearly $5M portfolio by always being 95% stocks and 5% cash since graduating from college decades ago. I don't see myself ever changing the 95/5 portfolio.

  Post: Not Like the Others

  Link to comment from December 17, 2022

• Cash only is the way I go for years now. I only use a credit card when forced to. Then pay it off every month.

  Post: Change Is Coming

  Link to comment from July 2, 2022

• I have broken almost all the money rules from "experts" my entire life. I figure if I do what most everyone is doing, I will get what most people are getting. Which is not good enough. My favorite is 95% individual stocks, 5% cash, never any bonds, no mutual funds, no ETFs. It has served me extremely well. Humblebrag, if my portfolio went down 85%, it would not change my lifestyle. I will continue until my dying day. Taking Social Security at age 70 will be my fixed income.

  Post: Ignoring the Experts

  Link to comment from September 13, 2021

• I take it a step further. If it says "Made in China" I don't buy it.

  Post: Leaving the Country

  Link to comment from July 24, 2021

• I usually have about 30% in international stocks. Every January around half of that 30% was put into the worst-performing stock market the previous year. In 2020 that was Brazil. EWZ on a total return basis is up 5.8% so far in 2021. Not great. Not bad. That is the game I play.

  Post: Leaving the Country

  Link to comment from July 24, 2021

• #4 I have never owned any fixed income. I consider Social Security to be my fixed income when I reach 70. I am probably in the minority. But I am free to do it my way. Do what is best for you.

  Post: Playground Taunts

  Link to comment from July 24, 2021

• Social Security is meant to be a supplement to retirement. An insurance policy so you are not totally destitute if you didn't plan properly for retirement. It is not a full retirement plan. I don't see Social Security being cut. I do see the COLAs not keeping up with inflation. So you still get paid. The money will not buy as many goods and services over time.

  Post: Too Generous Yet Not

  Link to comment from July 24, 2021

• Funny, I consider buying a house the worst long-term investment I ever made. Paid cash 24 years ago. The value has gone up about 3x in that time. But I am certain would have made a lot more money investing all that money in stocks the past 24 years and leasing a residence.

  Post: What are the smartest financial moves you’ve ever made?

  Link to comment from July 17, 2021

• Ask me this question in 10 years. We see bubbles in the rearview mirror.

  Post: Which financial markets are in a bubble, if any?

  Link to comment from July 17, 2021