*Investors Blog*

House needs work. I plan to work on it in retirement. Nothing overly expensive or pressing needed.

New car? That's what my kid tells me. My Civic only has 34k miles on it, though.
Sounds like you can do the work. My goal was to have everything major done. Worked out well, because labor has gone way up, and post COVID materials are off the freakin' charts!
 
No debt. House paid off. No big worries.
It sounds like you should be giving advice rather than receiving it - nice work and congratulations!

I would love to see a local high school run a series where people like you are interviewed about the habits you developed to achieve the goals you have achieved. Those could be part of a home economics class. Kids and adults today are bombarded with constant messaging about the need to buy this or that, and there is little in the way of financial education. The average person doesn’t need to be able to run a trading desk at an investment bank but rather some basic common sense guidelines. They also need to see the success that is within their grasp if they follow those rules. Again, I love to hear about people like you, congratulations again.

As to your allocation question, allocation questions are really very personal. The only real objective factor is your age, and thus how long you need to make your savings last relative to fixed costs and other income you may have in retirement like SS and / or pensions.
 
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Sold some NVDA puts, OCT 11, 117 strike, nice premium.


My covered calls at 117 may go by buy Friday, so...............again with the premia


Frankly all I do is NVDA anymore. Premia seem.........rewarding............
Been long NVDA for years. Have a smaller position in NVDL(2X ETF) as well. Looks like break out today. LLY is another core holding.
Have been hiding 25% cash in Schwab Money Market fund paying 5%. Will hold it there until it drops below 3.5%.
 
Does TINA kick in when 10yr is under? 3.50 - 3.75%? (roughly 20 years to double your money)

Will need around 7.2% for 2X in 10 years.
Your the bond king around here - your supposed to tell us:ROFLMAO:

The macro signals are definitely mixed. China 10 year is below 2% and they just stimulated. But its monetary not fiscal. Wonder if anyone will borrow? Yet the dollar is still a fair bit down over the last year and spreads are not widening?

There are an equal number of "experts" calling for deflation and inflation. 🤷‍♂️
 
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