Are you ready for another recession? A recession tends to happen every 5-7 years and lasts on average for 11 months, so you might as well prepare for a future one. There may be more regional bank failures lurking. Meanwhile, AI is slaughtering more and more industries, causing company’s share prices to collapse by double […]
A Recession Preparation Checklist To Survive Bad Times Read More »
Once I hit 45 in mid-2022, I decided to enter a decumulation phase. Instead of continuing to save and invest aggressively, I decided to spend more aggressively. One way to decumulate is to spend more money on food. Dying with an excess of money is suboptimal. If we do, it will have meant that we
Spending More Money On Food: An Experiment In Decumulation Read More »
If you’re thinking about holding individual municipal bonds as a safe and liquid source of funds, think twice. Owning highly-rated municipal bonds is low risk. However, selling individual municipal bonds can be incredibly expensive and cumbersome. Unlike stocks, which now have $0 trading fees and ample liquidity, municipal bonds have a much less liquid market.
Selling Municipal Bonds Is Incredibly Expensive And Cumbersome Read More »
Are you thinking about borrowing from a 401k or IRA to buy a house? More people are thinking about it given real estate is a fantastic asset class to build wealth long term. Over time, your house’s principal value goes up and the real cost of the mortgage goes down. In an inflationary environment, the
How Does Borrowing From A 401k Or IRA To Buy A House Work? Read More »
Do you want to borrow from a 401(k)? It’s probably not a good idea because your 401(k) is meant for your retirement and not for current consumption. Once you start borrowing from your 401(k) you might start making it a bad habit. Some people think of borrowing from a 401(k) to buy a home in
How To Borrow From A 401(k) And Should You Read More »
Thanks to several commenters in my going back to work post, I’m getting more enthusiastic about sending my kids to community college! As a result, it may no longer be necessary for us to try and accumulate $1.5 million for two children to attend a four-year private college starting in the year 2036. It may also
Community College May Be The Way: How I Plan To Spend $1.5 Million Read More »
With interest rates still elevated across Treasury bonds, municipal bonds, and corporate bonds, there comes a point where owning bonds becomes more attractive than owning stocks. The objective of this article is to figure out an appropriate stock allocation by bond yield for a better risk-appropriate return. The 10-year Treasury bond yield surged to 5%+
Suggested Stock Allocation By Bond Yield For Logical Investors Read More »
Estate planning is not an exercise that most people consider enjoyable. However, it’s incredibly important as your life and finances inevitably get more complicated over time. When the time you pass away ultimately arrives, you want the process to be easy for your loved ones. A detailed and up-to-date Schedule of Assets helps make that
Schedule Of Assets: An Estate Planning Essential Read More »
After successfully replacing her lost passport, my wife finally got to Tokyo, Japan to help her mother out with her mother’s sister’s estate issues. At times, it felt like mission impossible coordinating the trip, booking the hotels, going to the countryside to place the urn, and meeting with another country’s estate planning lawyers. Her mother
The Things We Learn After Being Apart For A While Read More »
Everybody should have some investments in stocks. Although stocks provide zero utility, some stocks provide dividend income and all stocks have the potential for capital appreciation. Since 1926 the S&P 500 has returned about 10% on average a year. Further, at some point in your life you should sell some stocks to buy what you
It’s OK To Sell Stocks Once You’ve Made Enough To Buy What You Want Read More »
