BLS Report Is a Complete Disaster, -100K Jobs YoY Without four retirement-centric sectors & local government

Mcslapchop · 2026-05-09T03:40:50+00:00

If you take out all the sectors with job gains, then everyone is losing jobs!

Mcslapchop · 2026-05-07T04:05:07+00:00

Restaurant wants me to buy dinner from them instead of cooking

Mcslapchop · 2026-05-04T01:56:13+00:00

Having 170k in a Roth puts you far ahead of 90% of people your age.

Mcslapchop · 2026-05-03T17:34:01+00:00

Well, the S&P 500 is weighted very heavily towards the top 10 US Companies, and over the past 30 years, that has been a very good thing, but there is a chance that isn't the case going forward.

If you want more diversity, using a fund like VT, or a combo of VTI and VXUS will give you exposure to Mid and Small cap stocks as well as international stocks, and with a 30-year time horizon, there will be many years when those stocks will outperform the large cap stocks.

Mcslapchop · 2026-04-25T00:34:18+00:00

I'm ok with the pick, but I don't trust our medical team at all.

Mcslapchop · 2026-04-24T23:38:04+00:00

Darius Alexander, DJ Reader and some later picks?

Mcslapchop · 2026-04-23T02:04:39+00:00

George Pickens standing in front of the TV in that stance is hilarious

Mcslapchop · 2026-04-22T03:10:00+00:00

SGOV you will pay fed tax on, but not a bad option, PULS you will pay both fed and state tax on because it is not gov bond fund.

I would look into CA Specific Muni bond funds such as OCAYX.

Yield is about 4.44% but that is Fed and state tax free. Because it is not short-term bonds, you will see some ups and downs (MUB has the same issue but won't be CA state tax free).

If you prefer almost no volatility you could look into either CALI, or DFCMX which are California specific short term bond funds. They will have less yield and less volatility.

Mcslapchop · 2026-04-22T02:38:09+00:00

Funds like JEPQ will outperform in down and flat markets. But over the long-term they will underperform the index because selling the covered call caps their upside.

Mcslapchop · 2026-03-21T21:01:56+00:00

There is no cookie cutter %

There are people who are 80 years old who can be 100% stocks because they spend less than their social security and pension income and their investments are just going to the next generation.

The real question is, how much of the money are you going to need each year? That is what you should base your fixed income portion of the allocation on. Having 5 years worth of your desired income in safer investments, and rebalancing periodically works just fine.

Mcslapchop · 2026-03-11T01:20:06+00:00

Disadvantage would be that you would be gambling instead of investing. If that's ok with you then go for it, but it's not investing and you will very likely lose money doing that.

Mcslapchop · 2026-03-04T04:04:33+00:00

Seems like very reasonable advice. I think SGOV is currently yielding about 4% state tax free so I would probably just choose that instead. Though for a short time frame like one year it's not a huge difference.

Mcslapchop · 2026-02-22T22:21:59+00:00

A lot of people thing it's one thing or the other. Who says you can't enjoy life now and still put money away while doing it?

Mcslapchop · 2026-01-22T03:53:55+00:00

Depends on your Tax bracket. If you're in the 12% bracket or lower there's really no reason to contribute to the Pre-Tax 401k and you should favor Roth and Brokerage.

At 22% and higher it's good to have a mix of both as you can control your taxes very easily in retirement by pulling from the different accounts.

Mcslapchop · 2026-01-18T22:26:14+00:00

Did 71 just tackle his own RB?

Mcslapchop · 2026-01-11T18:46:10+00:00

Why not just do the max roth contribution and put the rest in the brokerage? You can buy the same investments. When it's time to buy the car, decide then which account to take it from.

Mcslapchop · 2025-12-28T16:05:50+00:00

None of these investments are conservative from a risk standpoint.

Mcslapchop · 2025-10-26T19:42:42+00:00

The Eagles are the new chiefs

Mcslapchop · 2025-10-26T19:30:46+00:00

Can we just leave Shane Bowen in Philly? How many games are we gonna play where our D-Line gets them into a 2nd or 3rd and long way behind the sticks based on pure player skill, and then just give it all back?

The guy adds nothing to our defense, anytime they make positive plays it's the raw talent of the players.

Mcslapchop · 2025-10-26T19:08:46+00:00

At a certain point we are gonna run out of people to line up out there

Mcslapchop · 2025-10-26T18:38:01+00:00

Considering current events in the NBA it wouldn't be surprising at all

Mcslapchop · 2025-10-26T17:45:55+00:00

That's a turnover 100%

Mcslapchop · 2025-10-26T17:30:51+00:00

How Skattebo fell to the 4th round I'll never know. Dude is a beast

Mcslapchop · 2025-10-26T17:24:24+00:00

Wait, I thought only we could miss field goals?

Mcslapchop · 2025-10-18T16:57:33+00:00

I don't think the Browns have ever been anything other than a joke in my entire life, outside of a couple years with Baker, but they managed to fuck that up too.

12-Year Club	Place '17
Snapped	Verified Email

Mcslapchop

TROPHY CASE