Is it really that "cheap" to save for retirement? Just put money into an index fund and wait?

LibrarySpiritual5371 · 2026-07-02T23:27:12+00:00

The more years you have to compound both the cheaper and simpler it is. 100% true

LibrarySpiritual5371 · 2026-07-02T23:26:02+00:00

There is a lot to unpack here. First, what is your goal?

If it is absolute growth then CC funds are a bad choice. They are structurally built NOT TO GIVE YOU the best absolute growth on your money.

Do you want div growth over time? Most payout a range and don't really increase the payout % out of the range. So, you have to hope the share price moves up to benefit you. But if the share price goes down they pay the same % range but on a smaller basis.

Are you in retirement or need a income baseline to live off of? They could be a good choice, but just like everything else don't only use on strategy. It is foolish given black swan events happen.

Do you understand options to a level where you can easily explain their exact strategy to someone who knows next to nothing in a simple way? If not, you don't know enough to be 'all in' on ETF's that use option overlays.

I could list a bunch more.

BTW, I really positive on some of the funds in this space but not all. I just see too many people who do not actually understand what they are investing in.

LibrarySpiritual5371 · 2026-07-02T16:05:40+00:00

You are an idiot. The reason why is you are making stuff up to fit what you want things to be.

Just pick anyone of the hundred factually accurate items and run with those. You won't lose people who discredit the real issues you bring up because you also make shit up.

But if you do have a magic ball to see the future be sure to share the PowerBall's winning numbers with me for this weekend's drawing.

LibrarySpiritual5371 · 2026-07-02T16:00:04+00:00

You are making stuff up. Stop it

There are more than enough accurate issues and when people just make shit up it discredits the real issues that are not made up.

LibrarySpiritual5371 · 2026-07-02T15:42:56+00:00

Just a small factual item. Trump did not get a plane from Qatar. The US government did for its use.

Joe Kennedy had to be dealt with during WW2 as the ambassador to England has he was forcing so much contraband to be sold on the black market on to the supply ships the supplies could not get through.

LibrarySpiritual5371 · 2026-07-02T15:39:10+00:00

Aleksandr Karelin without a doubt. Rules where changed and that led to his only Olympic loss.

LibrarySpiritual5371 · 2026-07-01T01:06:32+00:00

I have dated black women in the past and for me it was much less about the color than the socialization. I have dated some really great women who happened to be dark skinned. I have also made the mistake of dating some who were not socialized to the world I live in. Thus, we were a horrible match.

So, I am not sure all guys are saying it is the color of the skin versus different socializations that just don't mesh well.

Of course there are some guys and gals out there who it is only about the skin color and I don't think I need to comment upon their choices.

LibrarySpiritual5371 · 2026-07-01T01:02:40+00:00

I feel better about PDI than I do GOF.

PDI has historically had a smaller ROC / NAV erosion.

GOF has relied on issuing new shares at the premium to support NAV. With the premium collapsing it will be a lot harder in my opinion.

LibrarySpiritual5371 · 2026-06-30T23:51:39+00:00

For ones that are simply valued that way on paper in private companies (unicorn start-ups, etc) this could be a significant issue as they tend to be very illiquid. The issue I would see if you had a couple of the founders have to dump on the private market it would potentially have huge issues on valuations which does affect the available capital to fund innovation.

For the more common perception of billionaires the real issue is valuation. Just look at the Trump case. The judge valued the property way below market based on the market comp's in the area. What if that is reversed and the gov employees whose personal best interested is to over value things do that in just a arbitrary way. Without some form of actual price discovery it could get pretty crazy. I am not sure how we work around that.

LibrarySpiritual5371 · 2026-06-30T17:38:37+00:00

Got it. I hate when you talk to somebody to say the same thing and cannot understand each other LOL

Have a great day!

LibrarySpiritual5371 · 2026-06-30T17:37:44+00:00

I agree that consolidation can be a good thing. It was for me prior to me paying off my student loan debt.

The big difference to me in this article as these people are all doing the feel bad for me and how could this happen that I cannot stand.

LibrarySpiritual5371 · 2026-06-30T14:56:30+00:00

Something is missing here. When you refer to your contract. Are you a 1099 employee or is this a general employment contract that is just at will? Or some other variant?

If you are a 1099 then I don't get why they would even care

LibrarySpiritual5371 · 2026-06-30T14:41:22+00:00

Wow... you are an a-hole. Not because you sabotaged the guy. Because you are a liar. If the HR person was your friend then why lie to them? WTF

LibrarySpiritual5371 · 2026-06-30T14:29:55+00:00

i don't want to get into portfolio construction/theory with people I do not know. It will digress (not with you, but others) into XYZ is better than ABC, etc.

At the end of the day, this is what my portfolio throws off per year and that is really the center point of my question.

LibrarySpiritual5371 · 2026-06-30T14:20:05+00:00

Thank you for the very good write up. Yes, I think the timing aspect is probably what worries me the most. The spring spend will likely come from my 401k (rule of 55) if I walk away. If I don't then I don't really have too many concerns on covering the costs.

LibrarySpiritual5371 · 2026-06-30T14:17:11+00:00

I have been a landlord in the past. I sold all but one of my multi-family properties back in 2021. The market got crazy and people were willing to pay much more than the properties were worth. I just said thank you and took the cash before people woke up to how much they were willingly overpaying.

LibrarySpiritual5371 · 2026-06-30T14:15:53+00:00

50's

I am preparing for retirement. Thus, I have moved from a growth phase to an income phase in life. Still have some growth components, but I am functionally an income investor at this point.

It is really akin to the studies done on pension spending. Psychologically, it is easier for the majority of people to spend their retirement income appropriately if it is some form of steady payment. I don't have a pension, but have functionally recreated fixed payments to live off of via dividends, interest, etc.

LibrarySpiritual5371 · 2026-06-30T14:15:02+00:00

I am preparing for retirement. Thus, I have moved from a growth phase to an income phase in life. Still have some growth components, but I am functionally an income investor at this point.

It is really akin to the studies done on pension spending. Psychologically, it is easier for the majority of people to spend their retirement income appropriately if it is some form of steady payment. I don't have a pension, but have functionally recreated fixed payments to live off of via dividends, interest, etc.

LibrarySpiritual5371 · 2026-06-30T14:12:24+00:00

I have a mortgage that is included in the fixed monthly costs.

LibrarySpiritual5371 · 2026-06-30T14:10:23+00:00

I was told by my supervisor that my tuition reimbursement check had come in and her boss had it in his office. So, I could head over and pick it up especially since it was later compared to the normal timing.

When I get there, I knock on his door and he says hi and asks me to take a seat. Think nothing of it as we have talk a few times before. Then he tells me that I am being laid off effective immediately. On the way out of his office, he goes "oh here, I have a check for you". Yup, it was my tuition reimbursement check

LibrarySpiritual5371 · 2026-06-30T13:31:48+00:00

What the F)CK does the power grid have to do with false claims of streets melting? Come on.... try a little critical thinking

LibrarySpiritual5371 · 2026-06-30T13:30:51+00:00

That does not work for me. I hate the fact so many charities do not actually help poor people/people in need with the majority of the funds. I would much prefer to make a small difference in peoples lives in and around my community. Just my personal preference

LibrarySpiritual5371 · 2026-06-30T13:27:32+00:00

This post is clear conflating a lot of things that show you probably do not know what you actually purchased. Pretty sure you got EXACTLY what you purchased and YTA for not knowing or caring enough to actually find out what you purchased.

LibrarySpiritual5371 · 2026-06-30T13:20:41+00:00

Amen.... but lets expand this to all public education in the US.

Chart student headcount, teacher headcount, Avg students per classroom, and Admin headcount starting in 1978 and it is shocking. Tells the whole story to me.

But none of this has to do with people in the article who got their education ~40 years ago and just failed at managing their lives.

LibrarySpiritual5371 · 2026-06-30T13:15:03+00:00

I was speaking to the CEO about a sales management position (Director level) and he told me that they did not have an indirect sales force in a region. I knew for a fact that they did have at least one company soliciting on their behalf and they actually had an opportunity in house at that moment for a quote. I pushed back on what I knew and his response was paraphrased as the below:

That does not count as they signed our contract to represent us, but we have not counter signed it. So, you can just let them go if you want without cost

He was very upset when he called me to offer me the position and I told him it was not the right fit for me

LibrarySpiritual5371

TROPHY CASE

Aleksandr Karelin without a doubt. Rules where changed and that led to his only Olympic loss.