As Jonathon and many others have advocated on this site, avoiding life style creep, and not climbing aboard  the hedonistic treadmill, keeping it simple, etc., are sure fire ways to have a really good chance of achieving financial success. Also, keeping the assets in the correct account types, diversifying and rebalancing are critical , as well as taking the long term view.
It appears to me that Warren Buffett has long been a tremendous example of following that advice.

In January 2020 I invested inherited six figures cash in Vanguard’s Intermediate Term Bond ETF (BIV). The rational was that this money would not be tapped for more than 5 years (just did to replace a dying car with a new Toyota) so during the interim I would expect to gain significantly more return than investing in CDs.
The plan was going great and by 7/2021 I had earned over 13K in returns. Even in 12/2021 I had earned nearly 10K in gains.

NOW THAT I’M RETIRED and have all the time in the world, I often use that time to worry about money. That brings me to a recent offer from Wells Fargo to get a $525 bonus for depositing $25,000 in a savings account for 90 days.
My immediate concern was whether the $525 would more than compensate for the paltry interest rate that Wells Fargo pays. A quick calculation determined that investing $25,000 in a Wells Fargo savings account and getting the $525 bonus—rather than the 4.25% I could then earn with Capital One 360 Performance Savings—would still leave me almost $260 ahead.

I’m wondering if any other HD readers have run into this policy at TRowe Price?
Here’s what happened:
I am trying to get my year end portfolio in alignment. I am trying to generate cash to fund my taxable withdrawals from two inherited IRAs for the next two years.
On 1/29 I sold a balanced fund in an account in mother’s name and transferred the proceeds into a money market fund in the same account.
Today I tried to do the same trade in my father’s account and a T Rowe supervisor said I could not do that due to their frequent trading policy as the first sale was >

There is a fund run by Cathie Wood, the ticker is, ARKK ,Ark innovation fund, it gets a negative rating from Morningstar, alas, perhaps with the climate change, it could be suitable if we ever get another flood of biblical proportions?
There is an old movie, ” Arachnophobia”, about some troublesome spiders. I suggest to buy the S and P the Standard and Poors  Depository receipts,  Spiders fund, perhaps.
For the hep and cool cats, I suggest trading both AT and T,

Who knew dividend-paying stocks were so controversial? Some view them as a great way to generate retirement income and lower a portfolio’s risk level, while others shun such stocks as tax-inefficient and dismiss their owners as irrational.
But wherever you stand on this issue, keep a key notion in mind: At some point in their life, we need publicly traded companies to start returning cash to shareholders—or there’s a risk they’ll disappear without creating any wealth for investors over their lifetime.

I recently listened to a podcast discussing “longevity income” ETFs from an outfit called LifeX. It appears that the money is invested in treasuries, and the fund returns both interest and a portion of capital each month, with the expectation of exhausting the fund by a target date. It seems to be intended as an alternative to a TIPS or bond ladder, but costs 50 basis points initially and carries no guarantee.
I’d appreciate others’ views on this.

The obvious answer is that it depends on your financial situation, age, net worth and risk tolerance. I am trying to decide on the right amount of cash I should hold.
I found this through internet search on this topic:

“According to the U.S. Trust Survey of Affluent Americans, investors with over $3 million in investable assets typically hold around 15% of their portfolios in cash and cash equivalents. However, the amount of cash an investor holds can vary depending on their age and net worth:

AN ANCIENT FINANCIAL concept is gaining newfound popularity.
In his book Politics, Aristotle related a story about a fellow philosopher named Thales, who lived about 2,600 years ago. One winter, Thales made a prediction about the coming olive harvest. He felt that it was going to be a strong year. But because recent harvests had been weak, most people disagreed with him. To Thales, this meant opportunity. He approached the owners of olive presses in his town with a proposition.

It’s over. I’m done with it. Done with what? Ruminating about how well I negotiated for the new car? Nope. Leaving the cell phone in that overpriced restaurant? Uh-uh. Then what is it I’m done with? Well, after months of deliberation with Alberta and our son Ryan (and with myself), I’ve decided to hang on to the family’s small residential rental properties rather than sell. Tax considerations trumped quality of life. There, I said it, as preposterous as it may sound.

As autumn is upon us, and I observe my nice neighbors toil for hours on end, they are raking, blowing, vacuuming, etc., the millions of once beautiful leaves, alas, they are no longer attractive, just an enormous annoyance for the majority. I submit, as a former leaf raker, the following.
When investing, simpler is generally the correct option for millions of people not named “Buffett”, to wit, a 3 or even 2 fund portfolio would outperform a vast majority of more complicated accounts,

THE NEIGHBORING TOWNS of Nogales, Arizona, and Nogales, Mexico, figure prominently in the work of Daron Acemoglu and James Robinson, who—together with a colleague—won this year’s Nobel Prize in economics.
In their book Why Nations Fail, Acemoglu and Robinson explain that these two border towns are identical in almost every way—from demographics to geography to climate. But they differ in one key respect: Nogales on the American side of the border is prosperous, while its southern neighbor is not.

I am niece and POA for my aunt who will turn 97 in November.  I am also her sole beneficiary.  She is in a nearby assisted living facility which costs around 7200 per month. Social security, two RMD’s,  an employer created annuity and bank interest provide income. Has Medicare, Plan G secondary and Well Care Part D. I purchase personal supplies for her;  write monthly checks to charities she wants to support. She had no children.

Hi, looking for thoughts on managed payout funds. I’ve been test driving one for a few years and it seems to be doing a good job so far. T Rowe Price retirement income fund 2020. I made an initial investment and have been receiving a monthly payment in the 4.5% range (based on the 1 year return) and the balance seems to be growing about 5% a year as well with no further contributions. The fee is a tad high (.53) but other than that it seems to perform well so far.

I just made my annual trip to the bank to cash matured US savings bonds I purchased through payroll deduction thirty years ago. 
In the olden days it was simple – fill out a form at work and when you accumulated the purchase price for the bond value you designated, you received a bond in the mail. Because of the way pay periods worked, I received 13 a year.
When I mentioned to the young teller I had accumulated the bonds through payroll deductions she didn’t understand,