neyugn

Comments:

• Whether you disagree with me, your question seems to be politically charged. IMO, a lot of products and services cost more today than four years ago. Blame Powell or Biden? Take your pick. My son who just graduated from college still live with me because he can't afford the rent at the apartment near his workplace with his current entry-level salary.

  Post: Quinn ponders – Are you better off than you were four years ago?

  Link to comment from September 18, 2024

• There's a clinical paper mentioned that Alzheimer is considered diabetic type 3. My mother is currently in memory-care facility and has been diagnosed with this mental disease. You can buy LTC policy but I question this decision. The best we can do now is taking care your physical health (exercises and eats right) and your mental health (read a book, learn something new).

  Post: Avoiding Alzheimer’s

  Link to comment from September 17, 2024

• In the age of globalization, the CEO's primary responsibility is to serve the interests of the shareholders, not the employees. The employees are an expandable resource to a company.

  Post: What We Believed

  Link to comment from September 7, 2024

• here's the problem with "...persuading folks to stay in the workforce longer". most companies have a silent ageism discrimination. the minute an employee reach 50's, management tend to focus on those old persons during enterprise reorganization (read: layoff).

  Post: Nothing to Trust by Jonathan Clements

  Link to comment from August 16, 2024

• agree. there's this beast called Qualified Domestic Relations Order (QDRO) that will divvy up 401k.

  Post: When you retire, should you move your retirement savings to IRA or leave it in 401K plan?

  Link to comment from August 13, 2024

• in my opinion, there are 3 stages of retirement, "go go" stage, "slow go" stage, and "no go" stage. depending on your physical and mental strength, you will fit into one of the stages i just listed. in "go go" stage, travel the world (but don't eat too much strange foods ;-) ). in "no go" stage, move into a retirement community.

  Post: Lines in the Sand by Jonathan Clements

  Link to comment from August 9, 2024

• this is morbid but it actually works very well. I want to organize a grand memorial party after I die and your suggestion is the best way to plan it.

  Post: Unasked Questions

  Link to comment from August 6, 2024

• I look at my IRA portfolio's return and it's still up 5% YTD. what more can i ask ?

  Post: Staying the Course by Jonathan Clements

  Link to comment from August 6, 2024

• The last line is very important. Someone said, "patience is a virtue". And that's true in accumulating wealth. Like a fisherman, the joy of waiting for the next big catch is rewarding. But the waiting game could be long and exhausting.

  Post: You can accumulate wealth without ever being rich

  Link to comment from August 2, 2024

• I quote Morgan Housel's, "People's lives are a reflection of the experiences they've had and the people they've met, a lot of which are driven by luck, accident, and chance". Jonathan, you are the embodiment of that quote. Here's my story of luck. Right after college, I found this opportunity with a consulting firm. As a young new hire, I was clueless about startup company. Fast forward a few years. The company was bought out by Sprint and as an employee number 100, I got some stock options. I sold those stock options and bought a nice 1-story house in a lower middle class neighborhood. I got married and our family grew to a household of 5. We then moved to another neighborhood and rent out the first property. That rental real estate has been a windfall for us ever since. Talk about luck !

  Post: Feeling Lucky by Jonathan Clements

  Link to comment from July 30, 2024