Another angle that's easily overlooked is to not "oversave" in a 529 account. For example, what happens if you sacrifice and save the full projected cost of a private college, but your child ends up barely graduating high school and wants nothing to do with post-secondary education? Maybe a good app...

This happened in 2008-2009, the last time the FED pumped in piles of free money...

Mountain climbing (when I can get out with partners again)

And since Covid, I've taken up drinking and learning to play poker

I read today that the FOMC is considering implementing front-end yield curve control (YCC) to force/maintain low rates on bonds of longer maturities. https://www.brookings.edu/blog/up-front/2020/06/05/what-is-yield-curve-control/ I can't fathom that this would be without unintended consequences. Am ...

sophie wrote: ↑

Sat Jun 06, 2020 3:02 pm

... eventually I realized I was simply letting not so smart people parrot their latest stupid ideas into my head. Don't let that happen! ...

There is so much wisdom here but this is the best quote of the week!

You guys rock!

Congratulations on getting your license back!

I'm mostly a reader (lurker?) here but can say we've been blessed by the bonus energy that you have invested here while not being able to drive. I hope you don't get too busy to spend time here with us.

The rules are The Magic!

When I hit a re-balance band i just smile and collect my "re-balancing premium."

The best part is that my wife now thinks I'm brilliant because we made money when everyone was freaking out about the crashing economy

I originally learned about Harry Brown and the PP in 1987 and went all-in in 2007. Along the way, "Failsafe Investing", "The Permanent Portfolio", and of course this message board have been very helpful. At this point, I'm considering how my PP will be managed as I age and lose ability or as my wife...