I was frugal all my life - I wouldn't spend a dime if I didn't have to. Now I have so much money, I can buy what I need and not have to worry, but I'm still getting used to it.
When I moved into my Connecticut condo, I found the living room was not suitable for music - the cathedral ceiling steals away the treble. So I installed my system in the bedroom, which is about 10 x 20 with an 8 foot ceiling. It sounds OK, and I haven't even put up any room treatment. I keep my 4000 records in a walk-in closet. I am currently only using one turntable, my Basis 2001, but I am going to get my VPI going once my buddy makes a second rack for me.
Some people don't get capitol allocation. Often, dividends are the best use of excess cash thrown off by mature companies. They don't have anything good in their business to re-invest the cash in, and there's no point to share buybacks if a company is on a downward path.
IMO, making disability part of the SS system was a mistake. Originally it only covered disabled individuals between 50 and 64, based on their work history, but Congress couldn't resist sweetening the benefits. This is part of the reason the trust fund has been depleted.
Comments
The night before, obviously. Don't you know what Congress is like? Then they'll congratulate themselves on a great job.
Post: Will Congress Wait Until the Last Minute on Social Security?
Link to comment from September 27, 2026
I was frugal all my life - I wouldn't spend a dime if I didn't have to. Now I have so much money, I can buy what I need and not have to worry, but I'm still getting used to it.
Post: Little luxuries
Link to comment from September 19, 2026
When I moved into my Connecticut condo, I found the living room was not suitable for music - the cathedral ceiling steals away the treble. So I installed my system in the bedroom, which is about 10 x 20 with an 8 foot ceiling. It sounds OK, and I haven't even put up any room treatment. I keep my 4000 records in a walk-in closet. I am currently only using one turntable, my Basis 2001, but I am going to get my VPI going once my buddy makes a second rack for me.
Post: My Favorite Room
Link to comment from September 19, 2026
I take it you don't have Small Claims courts in the UK, where you could file for a small fee.
Post: When $2000 Isn’t Worth the Hassle
Link to comment from September 16, 2026
Some people don't get capitol allocation. Often, dividends are the best use of excess cash thrown off by mature companies. They don't have anything good in their business to re-invest the cash in, and there's no point to share buybacks if a company is on a downward path.
Post: I will still take the dividends
Link to comment from September 13, 2026
IMO, making disability part of the SS system was a mistake. Originally it only covered disabled individuals between 50 and 64, based on their work history, but Congress couldn't resist sweetening the benefits. This is part of the reason the trust fund has been depleted.
Post: Americans are rushing to collect Social Security. The reason is disturbing
Link to comment from September 13, 2026
Medigap is not bad compared to paying IRMAA. You're looking at an additional $6400 a year just for one retiree.
Post: A bleak picture for retirement in the future?
Link to comment from September 6, 2026
Well, don't be average. That's why we have Humble Dollar - to show us the way.
Post: A bleak picture for retirement in the future?
Link to comment from September 6, 2026
The 46% is probably per card. An individual might pay off one card every month, but have a balance on another one.
Post: Americans and their credit cards
Link to comment from September 1, 2026
One approach would be to adjust capital gains for inflation, and then tax them as ordinary income.
Post: $40 Trillion of Debt
Link to comment from August 22, 2026