Personal Investments • ChatGPT for financial advice
I'm surprised no one asked Claudia to simply copy/paste her question (about whether she should delay SS to 70 or not) and the answer she received from chatgpt for us to read and potentially find any...
View ArticleInvesting - Theory, News & General • U.S. Real Earnings-Per-Share —...
Things that can't go on for ever, don't.Earnings may grow for a while thanks to technological innovation, but eventually the rest of the world will catch up. We are not all going to become wealthy.I...
View ArticlePersonal Consumer Issues • Warning about ApplePay and credit card
Europe has been decades ahead of the USA with payments systems and still is. Fraud is accepted in the USA as part of the cost of doing business and companies do not care how much they inconvenience...
View ArticlePersonal Finance (Not Investing) • How to teach your 20 year old to be Frugal?
Are you charging her rent? Paying for college? Kids now a days think they can have everything at 20 that us parents finally had at 40, or older. I would charge her rent, take away any credit cards and...
View ArticlePersonal Consumer Issues • How to retrieve plastic funnel stuck in my garage...
I dropped a very small plastic funnel into my garage disposal. I didn't realize I had dropped it into the disposal till I turned it on and was met with awful noises. The funnel is squashed and wedged...
View ArticlePersonal Consumer Issues • Basement is freezing due to HVAC - thoughts/fixes?
1. Last home with walkout basement we had a similar problem. We were able to install a large minisplit that could service the whole basement as it was just a large room. Worked great.2. This home, we...
View ArticlePersonal Consumer Issues • Best way to downgrade Chase reserve and use UR points
Downgrade to Freedom Unlimited, continue to rack up UR points at 1.5x, then apply for a new Sapphire Preferred or Reserve when the kids are a little older and you’re ready to travel more and snag a...
View ArticlePersonal Investments • Another 'Can I Retire?' Post
The only way I see a problem is- for some reason expenses go up dramatically- there is persistent unusually high inflation. The latter could be somewhat hedged with TIPS.I'll think about adding some...
View ArticlePersonal Finance (Not Investing) • Long Term Care for MIL...
checking with an attorney or elder-care resource (e.g. state office) with information about Medicaid and other relevant details in your state, or any state you/your MIL are considering as an...
View ArticleInvesting - Theory, News & General • Approximately How Many Total...
1 taxable2 R/O3 Roth's1 401k *1 Treasury Direct ^1 Checking Acct3 CC ** 401k and one CC will be closed in future.^ Currently inactiveWould like to simplify further, but can't. RMStatistics: Posted by...
View ArticlePersonal Investments • VGIAX Vanguard Growth and Income Fund--Too Good?
Aside from past performance does not predict future performance, dividend yield is irrelevant. Dividends are not free money. Anyway the current SEC 30 day yield is only 0.67%, which is piddly if you...
View ArticleInvesting - Theory, News & General • Gary Smith: LLMs Can't Be Trusted...
I read a description recently that I thought gave a great framework for thinking about when to use an LLM: ask them questions that are hard to answer but easy to verify. Hmm ... I'm thinking of what...
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Personal Finance (Not Investing) • HDHP always better than PPO? What am I...
The OP did not provide info to do that, but understanding what a PPO is, what an HDHP is, and what an HSA-eligible plan is would be beneficial.OP could google those definitions if desired.This side...
View ArticleInvesting - Theory, News & General • The Final, Definitive Thread on...
Considering your monthly spending and tax bills, you sound wealthy, so I am genuinely curious and wondering if keeping all this accounting and going through such hassles is worth your time for...
View ArticlePersonal Investments • Experience with Wedmont Private Capital
Vanguard’s advisory service fee drops to 0.20% at $5 million and 0.10% at $10 million, if that helps. We looked at Wedmont and on their site they promote alternatives (private equity and hedge funds)...
View ArticlePersonal Finance (Not Investing) • Annette’s Excellent Real Estate Adventure
I don't understand how the OP knows the landlord is 1) CEO of a company and 2) has more money than them. Even more so if there are brokers in the middle.I am a LL and don't use brokers, every tenant...
View ArticlePersonal Finance (Not Investing) • Confused and directionless for next phase...
As I typed this and read many times just for my cathartic experience but finally decided to really post and see what others think. Thanks in advance for your...
View ArticlePersonal Investments • Backdoor Roth IRA - Need to create new Roth IRA account?
I would think that one would want to maximize interest accruing and maximizing gains during this process. Example:I put $7,000 in a nondeductible IRA and it goes up 100% to $14,000 overnight, so I...
View ArticlePersonal Consumer Issues • Furnishing a rental apt on the cheap?
I have move twice in the last 5 years. I have become adept at using Facebook Marketplace. I sell/downsize and buy replacements. Things can be very inexpensive, even freeStatistics: Posted by Arabesque...
View ArticlePersonal Investments • Where to get ETF average bid/ask spread data
If spread is 1 cent then expressed as a percentage that is different for shares that trade at $25, $50, $100, $200. So if by "smaller" you mean lower in price, there's your answer: Don't use low...
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