Recent content by AndrewJackson

So is there anyway to abuse this and funnel money into roth IRAs where you can then invest it how you see fit?

I have been wondering the same thing. I currently have about .75 years income in cash (inheritance) that could be invested right now. I am thinking I should just hold my nose, and hope the market slides as I add contributions.

Well, I am not quite sure where my annualized numbers are going, but it appears that I am near around 330 for groceries and 100 for eating out (2 parents and newborn). I would really like to push these numbers to 300 and 100. I think with the wife staying at home will really help this.

That is great OP. Don't worry about going to slow or being behind. You are still in the relatively linear accumulation phase. As time goes on, the compounding effect should start to take hold.

I am pretty certain these folks would still be having quite the retirement, even if they couldn't house sit.

I will really never understand government bond "math". How is it that long term rates went to 15-20 percent in the early 80's when our debt to gdp bottomed near 30%-40%? Yes, inflation concerns were quite different back then, but still, it really makes me wonder sometimes? Are there fundamental...

Your original statement gave the impression that the small element of savers in our consumer society are somehow benefiting at the expense of non savers. All of the improvements we have today are because someone decided to make an investment for tomorrow. The more savers the merrier.

So you actually believe that the fat dumb consumer at a box store is what improves economy and people's standard of living? I think you will actually see the data and economic theory point out that higher rate of savings are directly correlated with higher levels of economic growth.

Hoarding onto food/guns & ammo/water is not a bad idea either. Hoarding food doesn't even cost anything as you rotate it into your food supply. Having guns and ammo is good fun and the good old fashioned american thing to do. Having some stored water is just the basics of risk mitigation as no...

The bogleheads are right. This is mental accounting bias where an investor divides their money up into groups and thinks each one can accomplish a specified function (safety/growth/high inflation/low inflation/etc.). Instead, you should look at the entire portfolio and allocate it such that the...

If I could go back, I would tell my self to borrow as much money as I could and invest in S&P otm call options. -Currently 23 and last year was a good one for stocks.

As a lover of the precious metals, I can only hope that the majority of investing public keep shying away from Gold/Silver and that the price continues its retreat. To me it is insurance on collapse. Bank accounts, 401k, roths, etc are all digital promises that could all go poof one day. I like...

5% would be an awesome real return. I am planning for 3% real return personally. At the end of the day, all we can do is save as much as possible and let the chips fall where they may.

I am young (only 23) and my naive goal as of now is to have 100% in equities and only require 1.5%-2% to cover all my expenses. My ultimate goal is to have my portfolio reach escape velocity where my expenses are not enough to hold it back from growing over time.

If you are going to make an attack, at least do the kind gesture to point out reasons for your disagreement.