Patti and I left for a Big Trip to India last week. This will be a very different travel experience for us. Culture shock. My next post will be in a couple of weeks.

One experience I don’t think we’ll ever forget is our

I updated my two favorite graphs this week. The first shows the cumulative real return for stocks and bonds for the last 100 years. Stocks outperformed bonds by a factor of 100. The second shows the results of head-to-head competitions for stocks and bonds for

Fidelity issued my 2025 tax reporting statement, and I used TurboTax to file our taxes yesterday. I came close to the 1 hour 32 minute time estimate that TurboTax estimated for our Federal return.

I previously issued a line-by-line display of your 1040 to

This post compares the performance of IUSB (iShares Core Universal USD Bond ETF) to similar Intermediate Core Plus bond funds. In general, nine funds displayed have outperformed IUSB.

Everything we own in our portfolio other than stocks is to protect us when stocks decline.