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SanLouisKid

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    • All I know is what I read in the Berkshire Hathaway Annual Report: "I can’t remember a period since March 11, 1942 – the date of my first stock purchase – that I have not had a majority of my net worth in equities, U.S.-based equities. And so far, so good. The Dow Jones Industrial Average fell below 100 on that fateful day in 1942 when I “pulled the trigger.” I was down about $5 by the time school was out. Soon, things turned around and now that index hovers around 38,000. America has been a terrific country for investors. All they have needed to do is sit quietly, listening to no one." 

      Post: Stuck at Home

      Link to comment from November 23, 2024

    • It just seems a little anti-patriotic to me. I keep reading that the U.S. is still desirable because of our regulations (which are not perfect) and the rule of law. Both of those points can be argued against too. Warren Buffett has branched outside the U.S. a little. Most recently in Japan and a big buy in Israel a few years ago (Iscar was the company). Still, he leans heavily toward the U.S. I think he even had an investment in Russia at one time and had problems way before the problems of today.

      Post: Stuck at Home

      Link to comment from November 23, 2024

    • Thank you for the link! That will be handy.

      Post: A Taxing Retirement

      Link to comment from November 17, 2024

    • "I do not whine for lower taxes. I do not petition for more tax breaks. I ask only for instructions an ordinary Ph.D. in economics can follow." This quote from Alan Blinder Ph.D. is what I think of whenever we have a good discussion of taxes. I've been using last year's TurboTax to estimate the impacts mentioned above but I'm thinking about switching to a spreadsheet. TurboTax is a little cumbersome for these calculations. Does anyone have a program or system that would work well for all the alternatives that Jonathan has described?

      Post: A Taxing Retirement

      Link to comment from November 16, 2024

    • 10. Travel lightly. We end up amassing countless possessions that quickly lose their allure. We did this inadvertently. We wanted a small home and having one doesn't give us much space to accumulate (although we have a lot packed in). We also avoided renting a storage locker. Imagine your house burned to the ground. How much of your "stuff" would you actually replace?

      Post: Advice for the Kids

      Link to comment from November 9, 2024

    • You were missed at the Bogleheads conference last weekend in Minneapolis, but you were present in thoughts and comments by the attendees. I have 95% of my paper scanned. Documents, letters, pictures, etc. All my movies are digitized (from DVDs) and all my music is now digital. I jokingly say the executor of my estate just has to hit the "delete" key on my computer and that part of the estate will be taken care of. One observation: The less you leave, the more important it will be in the future. I have one handwritten letter (now scanned) from my grandfather that has become an important part of family legacy that I will pass on.

      Post: Turned Upside Down

      Link to comment from October 5, 2024

    • " Life makes sense in retrospect." I feel blessed to able to look back over my life. Many of my classmates did not make it this far. What seemed like being in a giant pinball machine at the time can be viewed with the perspective that all that happened put me in position for the good things that happened. I've kind of forgotten the bad things. Or they don't seem so bad now.

      Post: Never Quite Enough

      Link to comment from September 21, 2024

    • "But as a pair of self-employed people without the corporate benefits that others take for granted, we long ago gave up trying to keep up with the Joneses." Not keeping up with the Joneses is an important thing. My wife swears that 2/3rds of her clothing came from Costco. If it happens to be a name brand it's because she liked the color, and it fits. I've never met anyone as label blind as she is. That's helped our retirement. With steady income and controlled expenses, you seem to have a good plan in place.

      Post: Laying Down a Floor

      Link to comment from September 14, 2024

    • Another deeply introspective article. It's hard to be grateful about life with your diagnosis but I understand what you are saying. I keep a list of classmates who have passed (because someone in our class is always asking for one) and it constantly reminds me that I've truly been lucky in that respect, and in basically all other respects too. I often think about my own lifespan and facetiously decide that all I want is a little bit more than I'm going to get.

      Post: No Regrets

      Link to comment from September 7, 2024

    • This is a great idea. It's something everyone should consider. I would give anything to have a recording or video of my grandfathers.

      Post: On the Clock

      Link to comment from August 17, 2024

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