I’m gifting a Wall Street Journal article on the share of AI company debt in the bond market. Just as AI is becoming an ever-growing share of the S&P500, it is becoming a bigger share of the bond market. I have already shifted money from the S&P500 to the rest of the market, and to an international fund, now I’m wondering whether I should do the same for bonds.
Since my asset allocation is 50% stocks,

I’ll go to with the basics, life, liberty and the pursuit of happiness.
But if you look at the popular rhetoric on social media and from several senior advocacy groups, you will see “we” deserve more, we earned it, we paid our dues. “We” being seniors, the elderly.
I don’t feel that way at all. I don’t want to see more resources diverted to those of us who were fortunate to achieve those age designations, especially at the expense of the younger generation,

As a younger reader not of traditional retirement age, I am interested in learning more about the financial subscriptions HD readers are willing (or would recommend to others) to pay for such as financial periodicals, journalism, software, etc. For example, I have enjoyed for years Wall Street Journal and some Bloomberg journalism. I didn’t find Kiplinger subscriptions to be of value to me. There have been some discussion threads that mentioned free retirement calculation software that I appreciated.

Drleftys comment on a recent thread about retirement anxiety got me thinking: Dana isn’t alone in this. Why does the early”golden age” so often feel more like free-fall, and what can we do about it?
For decades, you’ve been sold the vision: retirement is the ultimate prize. A perpetual vacation where the most stressful decision is whether the day starts with a third cup of coffee or a walk in the park. But for many who actually arrive there,

In a couple of weeks I’ll turn 85. As far as my financial acumen goes, I owe a lot to my Dad. Back in the 40’s he was already investing in the Market and he also did his own taxes as well as those of our neighbors where I grew up in the Bronx. He and my Mom managed to actually save some money even though he never made the big bucks. The secret was to live within your means and to spend your money wisely
With those lessons in mind,

Ben Carlson’s column today is a reprint of a method for sustainable retirement spending. You start by calculating your spending requirements in retirement (although I don’t see an allowance for inflation) and have four year’s worth set aside in cash or cash equivalents by the time you retire. Then there are rules for when you withdraw from cash or stock, and when you replenish cash. It sounds like the remainder of the portfolio is all in stock.

IN THE SUMMER of 1966, author John McPhee spent two weeks lying on a picnic table in his backyard. Why?
McPhee was suffering from writer’s block. As he described it, “I had assembled enough material to fill a silo, and now I had no idea what to do with it.”
Investors find themselves in a similar situation today. There’s no shortage of financial information around us. But that doesn’t make it easier to know what to do with it. 

WHERE YOU PUT your investments can make a huge difference for your after-tax wealth. 
As you know, we have 3 main investment accounts:

Taxable account. A traditional brokerage account where you are taxed every time you dividends or sell investments at a gain.
Tax deferred account. Traditional 401(k), 403(b), and traditional IRAs allow taxes to be deferred to the future. You pay taxes when your investments are withdrawn, and generally come with an immediate tax deduction.

I began contributing to an IRA in the 80s, buying certificates of deposit at the local bank. Pretty soon I began thinking about investments. I knew almost nothing about the stock market, still, I knew I needed to be in it. I remember watching the nightly news, where the anchors always reported what the DOW did that day, never a mention of that other thingy…. What was it called…. The S&P500? 
I started reading up on the stock market,

Taxes have been a regular topic on HD and why not, they are critical for both our personal finances and running our society. To say people have different views about taxes is a major understatement.
One of the current hot issues is property taxes. Movements are afoot to stop property taxes- at least for those “retired,” over age 65 or who have no mortgage.  The logic of any of that escapes me. 
However, the level of support among seniors seems quite high and to my way of thinking a bit selfish and shortsighted.

Yesterday was Thanksgiving, one of the major holidays in the US calendar. I hope you had a wonderful day and the combined weight of your family dinner plates didn’t cause structural problems for your dining table. The story and origins of the holiday are well known. As you wake up this morning and into the dawn of the retail extravaganza that’s known as Black Friday and its contemporary, Cyber Monday, have you given any thoughts about their origin story?

My Thanksgiving Wishes
May you share your table with the ones you love most.
May your hearts be as overflowing as your plates.
May warm conversation and laughter ring through your home.
May you hold space for the ones you’re missing and find solace in memories.
May you savor the perfect dessert.
May you feel peaceful, restful, and most of all … Grateful.

A new bill was introduced on 11/20 in Congress to amend some HSA rules. It still has to go through the Ways and Means, House and Senate.
I doubt it will get through this year, but it’s good to be aware of potential changes.
If enacted, all the changes would go effective after December 31, 2025, but it’s very unlikely.
In particular, there are 2 main proposals:
> Income limits
> 2 Year rule
Currently, there is no income limitation to contribute to an HSA.

And now… the rest of the story.
Good day. It is a very good day.
It was November, 1621. Ninety Wampanoag warriors and their chief, Massasoit, sat down with fifty-one Pilgrims for a three-day feast of deer, wild turkey, and corn the Indians had taught them to grow.
The history books call it “The First Thanksgiving.”
And it was… glorious.
Laughter, gun salutes, archery contests, and tables groaning with food.
What the paintings don’t show is that half the Pilgrims who had arrived the year before were already dead.

My retirement has been wonderful so far. Honestly, sometimes I have to stop and remind myself how lucky I am. Rachel and I have our health and enjoy each other’s company, which is not always true when a couple retires. However, there are four things that concern me as I reach my mid-70s.
Feeling lonely. I tried calling Mark, my old high school friend, a couple of weeks ago, and I haven’t heard from him. I tried again and got a message that his mailbox was full.