Hard to hate the bubble when it makes me 401K look so fat at the moment, and wouldn’t want to miss out on gains but goodness there must be a burst of bubble at some point here.
Yeah, that's the thing. Or, why I still have almost half in stocks. That's why I came up with this "gambling winnings" strategy where I basically view my stock funds as a set amount and anything they earn over time are my winnings and I periodically pocket those. I may be missing out on gains but if there's a huge fall I'm mitigating losses. And, more importantly, I'll have money on hand to buy the dip. "Buy low, sell high!" I think Berkshire Hathaway is more than 50% cash/bonds at this point and I figure what's good enough for Warren Buffet is good enough for me.
Aurelia you had the fermented shark?? You are a brave and trusting human, my goodness.
Just enough to say I tried it. It smelled terrible, but the taste was just fishy.
I hadn’t checked my balance in a while, so I just did.
I’m a millionaire. Huh.
Yeah, I was concerned that our financial advisor was going to buy into the AI hype, but he reassured us. Also, we're getting closer to retirement age so we're more and more conservative strategy-wise.
I’m a millionaire.
Nice. Just 999,999 million more and you'll be a trillionaire.
Yeah, I was concerned that our financial advisor was going to buy into the AI hype, but he reassured us.
Even The Math Greek, who is very pro-AI (ETA: and space exploration) in general, looked at me like I had three heads when I asked if he was going to buy any SpaceX. Like me, he knows better than to buy individual stocks, but I thought he might buy some just for fun.
Congrats, Tom! I keep getting fed these "is a million $s enough to retire?" articles and I don't read them because I'm nowhere close to that. I'm guessing in NY it probably is not, even if we don't assume that the answer is not generally "no". . . Still seems like a nice milestone.
Today is a great day to celebrate P.M. Marc's birthday! I hope you are planning a delightful birthday weekend full of fun and treats. May this year bring all good things and skip the excess drama and trauma.
Excellent, Tom!
Happy, Happy Birthday, Plei! I wish for you all kinds of the best, most helpful, healing, and joy-inspiring days and happenings in the year ahead.
