Recent content by jzajzz

  1. J

    My doomsday scenario

    move money to cash or principal protected vehicles. Savings account, CD's, Fixed annuities, fixed index annuities, for a period you're comfotable with. or better yet ..find a way to earn some passive income
  2. J

    Genworth LTC strikes again

    see the cost of your hospital bills? .. that is why they are approving these increases... it's not hard to tell..
  3. J

    Greetings, I retired and re-invented myself

    What do you grow... and how do we purchase from you ... I'm in MA ... love to support organic farmers (whether it's certified or not) Edit: looks like you answered some questions... I'll read them to see if mine has been answered.
  4. J

    Poll: Lease vs Buy - 2018 version

    That strategy actually has cost me a lot more money with repair and maintenance.. not to mention the time off from work .. and how much money that has costs me..
  5. J

    Poll: Lease vs Buy - 2018 version

    I voted lease.. I don't think everyone should do it.. but this for me .. it's by far the best option... I tried this whole "buying used car to save money" thing twice... and I ended up deeper in the hole .. missing work and driving a worse car.. once I can unload this .. going back to leasing...
  6. J

    The Misguided Beliefs of Financial Advisors

    know plenty of advisors who believe in passive portfolios .. .so they can just sit there and collect 1% .. while running a "lifestyle business" .. there are money to be made in whatever strategy you chose.
  7. J

    Planning Phase: 401k vs Taxable Balances

    how old are you?
  8. J

    Tax question (401k vs Roth 401k vs non-retirement accounts)

    wouldn't she still get the Match in a Roth 401k? .. and the company match I think is pre-tax.. so that gives you some tax diversification.. though I'm not sure how withdrawals are treated in the distribution phase.
  9. J

    Tax question (401k vs Roth 401k vs non-retirement accounts)

    I think the advantage of knowing that you paid off the tax already is worth it alone going the Roth route.. Given our country 's situation .. I wouldn't count on the tax rate being better in retirement.. .and if you're anything like me.. I prepare myself to be in a better situation financially...
  10. J

    I Took All My Money Out of the Stock Market and It Feels Amazing

    I think it's good to have a predictable income stream .. to pay for your expenses .. that gives you a peace of mind. I think it's also important to have CASH money for emergencies.. that's very valuable. But I also think it's good to have some money put away in something like the stock...
  11. J

    NFL: 2017 Season

    We have Deshaun Watson.. but let's run the ball on 3rd down and punt.
  12. J

    Used Car - First time in many years

    i have never had luck wiht used car.. and It doesnt end up being a worthwhile buy when I have to miss work and it ends up hurting my income and add more stress to my life..
  13. J

    Fixed index annuities

    CHurning and burning is something you can easily point out. If you know someone is on commission, and is moving money around from funds to funds .. it's something you can stop in its tracks. Whereas you don't know exactly what someone is doing to charge you for hours of work. You don't know...
  14. J

    Fixed index annuities

    I think there's a place for most if not all compensation models.. As long as you're aware. You should be fine. There is ALWAYS a conflict of interest in any business transactions. Take the hourly model for example:.. What is the incentive for the FA to work on being more efficient with his...
  15. J

    Fixed index annuities

    ugh.. lol .. I was typing on my phone.
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