I had hoped to get through PSville last winter but it didn't happen.  This fall or winter it should be happening.

They do have a decent amount of liquid cash.  I'm not sure how much but I'm confident it would carry them till a shorter term CD would mature.  I was thinking something like 6, 12, 24 month CDs?  Or more like 3, 6, 12, then keep rolling each one into a new 12? They don't have long term care insuranc...

I am helping with relatives who are about to sell their house and net $350,000.  They are 87 & 90 years old, still getting around.  They have moved to an apartment.  They have no brokerage account.  They get enough income from pensions and SS to pay all of their expenses, until someone needs nursing...

Labor Day, when all the media tells us how bad we've got it.  Followed in a few weeks by Thanksgiving, when all the media tells us how good we've got it.

Well the senility is a problem.  It's now up to her to manage the money as she sees fit.  Not many people are comfortable with having large sums of cash in their house.

In the 2008-9 meltdown, gold stocks went down while gold went up.  I learned that lesson the hard way.

In a zero interest rate environment, without much in the way of action, the PP is not going to produce much of a return.  I've said so before but nobody agreed.  Just a voice in the wilderness.... <sniffle>

I was using it for a rent versus buy scenario on a house.  In the end, I think I was mostly trying to convince myself that we should not buy a house.


Anyway, my number, based on recent performance, was going to be 3% nominal.

sorry , the crystal ball is not working that well. there is really no way to project out with so many variables and conditions. we have high stock valuations and low interest rates which never happened before together . as well as lots of potential negatives for every asset in the pp as well as con...

Thanks Barrett. 

If you were to do a calculation for opportunity cost for money that could be in the PP but was not, for the next five years, what percentage would you use?  I'll give my thoughts after the answers so as not to anchor anyone else's guesstimate.  Plus maybe I'm way off in my thinking. Edit to add:  I'...

I have friends who live in a midwest town that suffered a large tornado hit.  People are finding that the cost to rebuild a house is a lot more than the market value of the house.  So a person had a 2000 sq ft house worth say $230K.  But to rebuild it, the insurance payout is say $300K. Some people ...