These two articles (here and here) in the New York Times were helpful in giving me an idea of where Patti and I rank in income and net worth. The purpose of this post is to give a bit of explanation and to
My nephew Rob read last week’s blog. He liked it, but I was not clear enough on the concept of Holding Period and how that affects his choice of mix of stocks and bonds – your choice, too, if you are building your nest egg.
My nephew Rob, age 25, asked me for some of my thoughts on investing. I gave him a few quick thoughts but then decided to describe what I think I’ve learned over the decades. This post is my advice to someone age 25. I would
How would your life change if your annual Safe Spending Amount (SSA) – your annual pay from your nest egg – increased in real spending power by 50% in the future? How would you live your life differently? Buckle up. You have to think about
Blog reader Bill is starting out on his plan. He’s figured out what he can pay himself from his financial nest egg and asks, “We now have a long string of years without a major market decline. Are we ripe for one? Should I start