Jeff, maybe comedy is your new gig! Thanks for the laughs, but yes, you and I and everyone else needs an adequate emergency fund. Side note, I fix everything, the few failures will not deter me from a first try. Go for it.
Well said Fund Daddy. But I think inflation kills portfolios, and that is why I vote for a high stock ratio of 85%, and the ballast Cash at 15%. We all take some risks and no portfolio can be designed to be perfect, I just believe in Buffett, being high on stock S&P 500 at 90%.
Fund Daddy, 1. My portfolio size is in the top 15%. 2. I have no pension. I live in a CCRC and need part of my RMD to cover all costs. My cash can cover 10 years of expenses, probably more as long as SS continues. I like cash, no strings and whatever I need is there when I need it. I have no need to be 100% stocks, since I like taking some risk off the table. I have been blessed and 85% stocks, and 15% cash works for my family.
Hey Tom, thanks for your thoughts. My actual situation is 85% stocks and 15% cash. I use the cash as the ballast when stocks get crazy, then just hold out until they come back. The largest portion of my stock holdings is in the S&P 500. Now at 80, I have no intentions of changing. Pretty much it is what risk works for you. This is OK with me for the next 15 to 20 years, God willing.
Always great info. However my question is, why would the best investor of all time say: if he died his wife should invest 90% in stocks and 10% in Treasuries? I have chosen to go with Buffett. There are risks in everything, but I have made my choice and I am sticking with it. NO Bonds for me. I sure would like some comments.
My plan is based on living to 100, and if that happens that is a lot of blessings. I do not concern myself with SKI or FIRE, just live a kind life with your family. My plan is to find a good way to give our children and grandchildren something you can share together while we are alive. Maybe someone can write an article about that.
My research show this: This deduction is taken before above-the-line deduction. I believe this to be correct based on Gemini. Do not be afraid to ask tax questions of Gemini. I make my calculations generally in Nov when I take my RMD to insure I pay the correct Fed and State taxes to avoid penalties, and try to keep all items like IRMMA to the max without going to the next higher level. I developed a spreadsheet which reflects how I use the tax forms, and that works for me.
Comments
Jeff, maybe comedy is your new gig! Thanks for the laughs, but yes, you and I and everyone else needs an adequate emergency fund. Side note, I fix everything, the few failures will not deter me from a first try. Go for it.
Post: Laundered
Link to comment from October 4, 2026
Well said Fund Daddy. But I think inflation kills portfolios, and that is why I vote for a high stock ratio of 85%, and the ballast Cash at 15%. We all take some risks and no portfolio can be designed to be perfect, I just believe in Buffett, being high on stock S&P 500 at 90%.
Post: Why Bonds Matter
Link to comment from October 3, 2026
Fund Daddy, 1. My portfolio size is in the top 15%. 2. I have no pension. I live in a CCRC and need part of my RMD to cover all costs. My cash can cover 10 years of expenses, probably more as long as SS continues. I like cash, no strings and whatever I need is there when I need it. I have no need to be 100% stocks, since I like taking some risk off the table. I have been blessed and 85% stocks, and 15% cash works for my family.
Post: Why Bonds Matter
Link to comment from October 3, 2026
Hey Tom, thanks for your thoughts. My actual situation is 85% stocks and 15% cash. I use the cash as the ballast when stocks get crazy, then just hold out until they come back. The largest portion of my stock holdings is in the S&P 500. Now at 80, I have no intentions of changing. Pretty much it is what risk works for you. This is OK with me for the next 15 to 20 years, God willing.
Post: Why Bonds Matter
Link to comment from October 3, 2026
Always great info. However my question is, why would the best investor of all time say: if he died his wife should invest 90% in stocks and 10% in Treasuries? I have chosen to go with Buffett. There are risks in everything, but I have made my choice and I am sticking with it. NO Bonds for me. I sure would like some comments.
Post: Why Bonds Matter
Link to comment from October 3, 2026
Thank you for this. Jonathan was the BEST, and one of a kind.
Post: It’s been one year
Link to comment from September 26, 2026
Jonathan had it right, period.
Post: Anyone For S.K.I.ing?
Link to comment from September 26, 2026
Amen. Balance and moderation are King.
Post: Anyone For S.K.I.ing?
Link to comment from September 26, 2026
My plan is based on living to 100, and if that happens that is a lot of blessings. I do not concern myself with SKI or FIRE, just live a kind life with your family. My plan is to find a good way to give our children and grandchildren something you can share together while we are alive. Maybe someone can write an article about that.
Post: Anyone For S.K.I.ing?
Link to comment from September 26, 2026
My research show this: This deduction is taken before above-the-line deduction. I believe this to be correct based on Gemini. Do not be afraid to ask tax questions of Gemini. I make my calculations generally in Nov when I take my RMD to insure I pay the correct Fed and State taxes to avoid penalties, and try to keep all items like IRMMA to the max without going to the next higher level. I developed a spreadsheet which reflects how I use the tax forms, and that works for me.
Post: Does the new-for-2026 $1000/$2000 charitable deduction for non-itemizers reduce AGI?
Link to comment from September 26, 2026