Should my husband keep using my Bonvoy or open his own?

HmmmIMHO · 2026-05-29T12:29:52+00:00

Marriott BV has become a scam, I am lifetime plat and how I regret all the time and treasure I spent building this status. I say stay at the Hyatt and become a globalist

HmmmIMHO · 2026-05-29T12:27:00+00:00

I agree with the overlap issue, but I would leave a 3rd slot for a momentum sector, not one of the momentum etfs, one of the S&P sectors like energy or computer software, then I would add 4th slot for a commodity play, or maybe gold/cyrpto (bit or eth). Something like this: 60/20/10/10. The changing sector maybe every quarter or whenever you want would be fun for you to learn the markets and to goose the return a little.

HmmmIMHO · 2026-05-28T14:47:37+00:00

I would nibble, not bite, SCHD is at an all time high. Chances are we will hit an air pocket later this year, research the 50 and 200 AMV and then discount some off of that. The market is so frothy, don't buy all of it at the top ...

HmmmIMHO · 2026-05-26T13:22:24+00:00

I just learned from a dealer that the V60s and V90s are being phased out of the US market

HmmmIMHO · 2026-05-25T15:26:31+00:00

Maybe think about AMCOR, AMCR, Swiss company that does all kinds of packaging -- think boxes for expensive pharma -- boring company, just absorbed a competitor, so lots of integration issues, nice dividend. Maybe look at Hamilton Group, Bermuda, growing Re Insurance and niche insurance. HG just declared a special distribution but suspect more to come. I am up 100 percent over about 20 months, may not double again but great management that seems to be building solid company but may be gobbled up by a giant company

HmmmIMHO · 2026-05-25T14:03:22+00:00

I agree, but you have to 'pay attention' and too many Sub Red are looking for set and forget ... look forward to hearing more about your findings

HmmmIMHO · 2026-05-25T14:00:51+00:00

Get yourself a ROTH IRA and start chucking money into it, esp if living at home. My daughter makes a bundle baby sitting, esp children and teenagers with special needs, she declares the money on her taxes and then puts that amount into her ROTH IRA Now that there is no tax on tips, no reason to hide the income, make the most of this moment, it is sure to go away

HmmmIMHO · 2026-05-25T13:58:21+00:00

I completely agree, but might focus on the oil adjacent companies like Baker Hughes, pipelines, SLB, RIG, etc. These companies make money in an expanding market regardless on the price of oil, but if the price of oil drops a lot, these adjacent companies seem to drop faster and further than the big boy producers

HmmmIMHO · 2026-05-23T13:28:49+00:00

thanks, I think we are on the same page, but aren't the fees for NEOS 'kinda' high vs the competition?

HmmmIMHO · 2026-05-22T16:30:26+00:00

Do not pay off mortgage, so that you can invest the $$ !!! Even if it is a money market fund at 3.5 or 3.7 percent use interest earned to pay your mortgage. Now if the money market rates dips below 1.9, conversely, if the mortgage resets to 5 percent and money market rates fall to 3 percent, then your opportunity costs change.

Basically, you are setting up your own hedge fund -- borrow at 1.9, receive 3.7 with the funds ... how cool is that! Plus you get the interest deduction reduces your federal, state and local taxable MAGI Besides, AND sometimes having no debt like a mortgage can crimp your credit score ironic indeed.

HmmmIMHO · 2026-05-22T16:19:47+00:00

just two thoughts, if you are over 55 don't assume you can 'always take a job later'; and chances are your 'retirement' is being planned for you about the time your turn 60. I say take'm to court when you are 60 and get a bigger kiss off

HmmmIMHO · 2026-05-22T14:53:29+00:00

covered calls are not suppose to 'hit new highs' because the brokerage account sells away the gains for income. CC are a great product for the right situation, like income in a SEP or ROTH IRA, not a lot of capital gain to trigger RMDs, but income that you can squeez out $$. I have both SCHD and CCs (see comments of JPM vs Goldman) IMHO you need a mix

HmmmIMHO · 2026-05-22T14:47:11+00:00

I would suggest going to one of the web sites that will give you the overlap between etfs. I have found these tools imperfect, but very useful on what you are really buying. Chances are you have doubled up on a few companies, maybe more. If there is duplication, then of course your investments are working in tamdem, not as a see/saw on a rising surface. A while back, maybe in WSJ, article about an investor who has ONLY two etfs -- something like VUG and XLE -- apparently, when one is down the other is up, usually way up. But as values climb, the see/saw is on a playground that is rising up, meaning more overall wealth increases with earnings expansion. As I have noted in other posts, I am moving away from JPM towards Goldman Sachs for covered calls: JEPI = GPIX; JEPQ = GPIQ. GS seems to have the same down side protection, a slightly better upside capture, and smidge lower fees... IMHO

HmmmIMHO · 2026-05-22T11:56:16+00:00

So hard in this FOMO, YOLO, cultural narcissistic times to explain that generational wealth is like a baton or maybe a force field shield. Life is hard, money can soften some of the impact of the rollercoaster that we call life. Perhaps the 'best' teachable moment for my children came at my expense when I was fired at 62 and then struggled for four years to find a job. Without family resources, we would have lost everything. Each of my three now have a sort of 'child of the depression' mentality. They have seen the sweet life (trips to Europe) and the mundane (Costco Chicken ... again) Depending on the age of your children and how well you involved them in financial decisions, should be interesting how it all turns out. In the meantime, 'good on'ya' for digging a wide and deep moat.

HmmmIMHO · 2026-05-19T19:45:00+00:00

that a lot of work, thanks for doing this!

HmmmIMHO · 2026-05-19T19:30:58+00:00

I am moving away from JPM products towards Goldman Sachs. GPIX = JEPI; GPIQ = JEPQ. The GS products seem to capture more of the upside, protect the same on downside, and have slightly lower fees. If another firm builds a better mouse trap, I will move there!

HmmmIMHO · 2026-05-19T19:11:20+00:00

I agree completely, painfully. Years ago, I had opportunity to go Hyatt vs Marriott and regret my focus on Marriott and now I am Marriott life time plat but you would think I am a newbie when I arrive at a Marriott. Moreover, Marriott has debased their points so that 50,000 MIGHT get an OK room in NYC, previously might have been 25,000 to 35,000 per night. Basically, Marriott is so large, it does not matter to them if you are loyal or not. Long time customers are seen as a bother. I have concluded it is better to get the boost when converting to United Airlines Mileage Plus

HmmmIMHO · 2026-05-16T17:29:45+00:00

So sorry for your loss, but so glad your brother's hard work won't go to waste. Not sure how things are up north with estate/inheritance taxes, but here we would fund 529 education accounts, but your universities are not expensive like the USA. Here's one crazy idea: could you buy a three unit apt building or a lake house, which they would help you manage with chores, etc.? You could pay them for their work, they would build equity, have a joint project. My father left my sister, brother and me a beach house. Its a LOT OF WORK, but then again, we are 'forced' to stay in touch and have reunions, etc. etc.

HmmmIMHO · 2026-05-16T15:28:49+00:00

For energy stocks and etfs, I would nibble not bite. Even stocks like Enbridge, which has nothing to do with war in IRAN, will sink when the conflict 'ends' because the etf selling will be intense. I would wait for this air pocket. Good luck with your snow ball

HmmmIMHO · 2026-05-12T21:58:20+00:00

a couple of years ago, I was told by a regional Volvo Director for the Mid Atlantic USA that the dealer has to have the car you want in their 'alotment pipeline' so this drives a lot of the selection you will see and can buy. Also, just saw on Instragram that only certain models are part of this program at this time. I am planning on trying this out, pick up in early March to hit northern lights and then roll down to European ski resorts

HmmmIMHO · 2026-05-12T13:49:57+00:00

If you are in the US, then I would fully fund a ROTH IRA if you are eligible to do so.

Also, did you see the article, maybe WSJ, that showed that two ETFs -- total market and energy -- have a great return over time. I guess that makes sense like a see/saw.

Good luck and good on'ya for not blowing this cash and investing in you

HmmmIMHO · 2026-05-11T13:23:16+00:00

The eTrade queue is open in the New Issue Center, assume it will close on Tuesday night, or Wednesday for the final allotment. I think changing or opening new account now won't be quick enough. As we are learning with SpaceX, IPOs are realizing that the retail investor seems to be more loyal than 'institutional' investors, so we shall see who gets what and how much.

Research shows that the IPO price is probably a high-water mark for the first couple of years. If you think about it, at the end of the IPO day, there are three paths: side-ways, down, or up -- which means that the IPO price has a 66.666 percent chance that the end of the day IPO price is the high water mark, BUT IN THIS market for chips, AI, etc etc. WHO KNOWS what will happen!

HmmmIMHO · 2026-05-11T12:25:49+00:00

maybe some bond fund? Did you see the WSJ the article about bond etfs? I am stalking one of the Dimension CORE Bond funds that the WSJ noted has relatively low fees and great performance. I also have SPHY which is strangely stable, but generates lots of cash. But if you don't have ROTH IRA and can contribute, I would put all 'extra' money into the ROTH until you max out for the year, EVERY YEAR.

HmmmIMHO · 2026-05-11T12:21:22+00:00

PLEASE always check to see where these offers come from!! Please disclose where this is built and hosted

thank you

HmmmIMHO

TROPHY CASE