What's important to learn is that there are no risk free options. You are only trading off different risks. No need to despair from the need to analyze and choose, but you avoid regrets if you make the best decision you can at the time when a decision is needed.
Thanks for sharing all that. I have followed you for decades now and I am glad to get to know you better. Congratulations on your many successes. Remember that retirement is a dangerous void if you are not moving on TO something.
I keep getting older faster than writers can catch up. Now the author has gone up to 72, but alas those of us at 77 or older are left trying to push mutual funds around to find some ideal diversity (as preached by Vanguard and others) as well as trying to simplify a lifetime of decisions. At some point I will get down to 50% total bonds and 50% total stock (oh, my! not 30% in international currency hedged bonds!) and let my heirs figure out the rest.
Comments:
What's important to learn is that there are no risk free options. You are only trading off different risks. No need to despair from the need to analyze and choose, but you avoid regrets if you make the best decision you can at the time when a decision is needed.
Post: No Going Back
Link to comment from March 18, 2023
Thanks for sharing all that. I have followed you for decades now and I am glad to get to know you better. Congratulations on your many successes. Remember that retirement is a dangerous void if you are not moving on TO something.
Post: The Other Enough
Link to comment from March 11, 2023
I keep getting older faster than writers can catch up. Now the author has gone up to 72, but alas those of us at 77 or older are left trying to push mutual funds around to find some ideal diversity (as preached by Vanguard and others) as well as trying to simplify a lifetime of decisions. At some point I will get down to 50% total bonds and 50% total stock (oh, my! not 30% in international currency hedged bonds!) and let my heirs figure out the rest.
Post: Through the Ages
Link to comment from November 30, 2022