One thing I learned from Jonathan was to "pace" myself. It is more fun to have a better life year after year than splurging for it all at once and then paying for it later. I'm looking forward to reading this book. Thanks for the heads up, Adam.
I have a friend who invests in individual stocks and watches financial news all day long. It's his entertainment. He's showing early signs of dementia and I'm sure the family has no way to interpret what he has been doing or if it even makes any sense. I'm not sure how you unwind a situation like this. For our investments and my sisters, I've tried to set everything up in "drop dead" mode. Meaning I don't have to be here for the next 10 or 20 years for the investments to work out. I guess that's risk management of a sort.
Comments
One thing I learned from Jonathan was to "pace" myself. It is more fun to have a better life year after year than splurging for it all at once and then paying for it later. I'm looking forward to reading this book. Thanks for the heads up, Adam.
Post: Money and Me
Link to comment from May 30, 2026
I have a friend who invests in individual stocks and watches financial news all day long. It's his entertainment. He's showing early signs of dementia and I'm sure the family has no way to interpret what he has been doing or if it even makes any sense. I'm not sure how you unwind a situation like this. For our investments and my sisters, I've tried to set everything up in "drop dead" mode. Meaning I don't have to be here for the next 10 or 20 years for the investments to work out. I guess that's risk management of a sort.
Post: Wall Street Trap
Link to comment from May 2, 2026