tightasadrum
Full time employment: Posting here.
Rich,
This is a timely subject for me. Right now I just have a big chunk in VG & Fido
MMF's while I try to figure it out. But I want to move a lot of it into ETF's and MF over the next few months. This thread has some good ideas. I particularly like the idea of annually or monthly accruing into a fund to be used for special big items. Somehow that would just feel better when it is time to write the check.Maybe I could go ahead and fund the big ticket account for the known big ticket expenses, and then just add an inflation factor each year until it gets a hit. After that, I could increase the funding, looking forward at expected life, and add that amount. At some point I could stop funding it due to simple life expectancy. We all gotta go sometime.
This is a timely subject for me. Right now I just have a big chunk in VG & Fido
MMF's while I try to figure it out. But I want to move a lot of it into ETF's and MF over the next few months. This thread has some good ideas. I particularly like the idea of annually or monthly accruing into a fund to be used for special big items. Somehow that would just feel better when it is time to write the check.Maybe I could go ahead and fund the big ticket account for the known big ticket expenses, and then just add an inflation factor each year until it gets a hit. After that, I could increase the funding, looking forward at expected life, and add that amount. At some point I could stop funding it due to simple life expectancy. We all gotta go sometime.