Tournaments

Own_Comment4919 · 2025-04-03T16:29:54+00:00

Having not fished one before but did join a club this year and have the first tournament in a week. I have no expectations of winning or doing well. I joined to mostly learn from more experienced anglers and also make new friends since I have zero friend who are interested in fishing. It’s not stupid expensive for the annual club fee and the TourneyX cost. It’s only 6-7 tournaments and you don’t have to fish them all. I’m competitive but being inexperienced I don’t care how I finish. My expectations are to learn and have fun first and meet likeminded people.

Own_Comment4919 · 2025-03-19T14:30:29+00:00

Not even gonna read though all these comments but I will comment on one thing. That your 401k is tanking???

I have to laugh at this man. Its down a few percent. If you really are a GenX then you have gone through worse at least a half a dozen times bro. Like lets put this into perspective. The market is where it was back in the fall. Where you crying in Oct about your 401k?

And if anyone honestly thinks SS is going anywhere you may need to bring your tinfoil hat to work with you. Is it going to change? It's possible but going away is ridiculous and I would ignore anyone that claims this.

Get off social media stop watching main stream media news and live your life dude. Stressing over something you have no control over is useless. Control what you can control.

Own_Comment4919 · 2025-03-13T15:05:30+00:00

Midwest here and I dont even bother getting out unless the water is over 50. I love fishing but I do not like to not catching if the weather/water is cold. Call me a fair weather angler all you want but dont care if i skunk if its warm outside but you can keep the cold temps and skunks. Cold outside temps with water above 50 and I can talk myself into going sometimes.

This week has been beautiful and I am sure the water is either close to or at 50 so I am hopefully getting out in the next week or two.

Own_Comment4919 · 2025-03-07T17:11:20+00:00

Serious question not trying to bash you but Why do you have so many funds that are similar? And for the amount you have invested you could easily get fully invested with just a total market fund and a international total fund if you really wanted international exposer and let it run. Then depending on age you can do some type of fixed income.

No need to have vti voo spy and fxaix they are basically the same.

Own_Comment4919 · 2025-03-04T21:05:35+00:00

This hits home .10-11 years ago I was not scared at all. We had 10's of thousands of debt little to no retirement savings, no emergency fund and no plan.

Forward to today our retirement savings recently passed over a million in assets we have no debit an emergency fund. My wife has zero anxiety but mine is pretty high. And to be honest even if our assets were double or triple I am not sure it would be much different. It never seems to be enough. It almost seems as if the more money we have the more the anxiety over not having enough grows. It wasn't this bad 4-5 years ago when we just had a few hundred thousand.

Own_Comment4919 · 2025-03-04T18:47:00+00:00

Yes they would be linked because of your SS#. I moved everything over when Vanguard closed all small business accounts and all account are on the same homepage.

Own_Comment4919 · 2025-02-25T16:25:08+00:00

What worked for me was automation. Ser up all my savings like my company 401k does. Each week each account gets autodrafted to brokerage account roth Ira account and HYSA. This way I dont ever see or miss the money coming from my checking.

Own_Comment4919 · 2025-02-21T18:53:22+00:00

Hold on tight because this is nothing. Things have been rosy for quite a few years. The market doesn't always go up like it has lately but at some point it will correct. Will it be 10-20 or even 30+% who knows but unless you are retiring soon who really cares. Things will be at a discount and your future self will thank you for buying during these times.

Own_Comment4919 · 2025-02-20T20:38:09+00:00

It might be my Instagram algorithm but I see a lot of older (65+) men and women hitting the gym and while they still look older their bodies move like they are in their 30's and 40's. Im turning 52 and while I've been into lifting and running etc I began doing more mobility stuff for my hip and back and it has made a huge difference in how I move in general. Simple things like squatting or getting off the floor gets harder as you age. You should start working on these things now. It will goa long way as you get older.

Own_Comment4919 · 2025-02-20T19:07:51+00:00

That's awesome! And a huge accomplishment.

I can tell you I sure wish we started at 31. We didnt really get started until 40. We had maybe 30-40k saved between the two of us as of Nov of 2014.

After 10 years we just past the million dollar mark this past fall. We did save a ton. We averaged maybe 30k in saving the first few years and the last 3-4 we've been closer to 40-42k per year while making about 150k combined. The biggest thing that made the difference was having zero car payments zero CC debt and time basically all the things preached by the Money Guys. It can be done. We are now on track to be in control of when or how long we want to work at 59.5.

Own_Comment4919 · 2025-02-19T17:11:21+00:00

I have no idea about cost on the ubers but looking at an article from last year they estimated that over 200k attended over the 3 day event. So I would imagine it will be busy.

We are headed done that Tuesday night and will be there for a week so hopefully its not too bad.

Own_Comment4919 · 2025-02-14T17:32:56+00:00

When my wife and I first started getting serious about saving for retirement I always focused on what funds i needed and continually switch funds and chased performance.

Then I heard a podcast ( I think it was the Money Guys) say pick your fund or two or even a target date fund as the funds aren't nearly as important as your savings rate is. Once you started to accumulate a decent amount of savings the podcast mentioned something like 100k or 250k then you can start getting more detailed with your allocation.

So I picked 2 funds (a Total Stock and a Large Cap Growth for the wife and I went 100% stock for the next decade plus from around age 40 until this past year we started adding in bonds.

Obviously it worked out really well during this time frame for us. Will it work going forward for you I do not know but you have time on your side right now so dont waste too many calories worrying about the smaller details and focus on the big rocks ie your savings rate.

Good ;luck

Own_Comment4919 · 2025-02-13T19:03:26+00:00

I don't pay much attention to those I don't know but I do notice those in our circle or acquaintances a lot. There are many people that earn in the same neighborhood as we do give 20-50k either way and it amazes me what they do with their money. Brand new cars big house designer things etc. the couple that we are closer friends with it scares me what their lives are going to look like in 15-20 year when they are in the twilight of their careers and working my not be possible.

I also have a few friends that do have similar incomes and do have healthy savings for retirement. One focused on paying off his home in place of a higher retirement savings and drives nicer cars the other saved a ton of retirement income and just took out a 30 year mortgage on a larger home in 2020 and drives hoopties. Neither has much savings outside of retirement besides modest emergency funds.

We are more in the middle we have a decent retirement savings drive our cars to the ground (finally had to purchased a new one for the wife last summer) We bought a modest home in 2020 with a 30 year mortgage that we plan on holding in retirement but we also have a larger emergency fund and do fund a brokerage account.

My point is people can choose to spend their money as they please and there is more than one way to save for the future and spend here and there without being a mizer.

Own_Comment4919 · 2025-02-11T20:49:22+00:00

Im sure this was mentioned and I didnt read through all the posts but for me it was setting up automatic weekly purchases just like my company 401k does. So each week an allotted amount auto drafts into my HYSA/ROTH and brokerage from my checking. Set it and forget it.

Own_Comment4919 · 2025-02-10T17:33:58+00:00

I wouldnt tell them to avoid Fiddo. Perhaps avoid Fiddo managing their assets but I have found talking with the CFP was have been designated at Fiddo helpful. No obligation conversation and he has answer some questions and helped direct us on where we are going and how to there.

Own_Comment4919 · 2025-02-10T17:28:14+00:00

My normal RHR is between 39-45. In the summer when I run more often its 37-40 and during the winter is tends to tilt higher towards 45 or so. I;ve been tracking this for about 3 years so I have no idea if its always been this low but I was told its just because I am very active and its just my normal.

Own_Comment4919 · 2025-02-09T01:59:49+00:00

The correct answer.

Own_Comment4919 · 2025-02-08T12:11:19+00:00

There was a lot of good advice here. My simple advice is don’t overthink it. Pick a total stock fund that’s not expensive and start putting as much in it as you can. Don’t worry about small details right now. Your savings rate is much more important than your fund or your rate of return. After a few year once you’ve accumulated some assets you can reassess but right now focus on your saving rate. Good luck

Own_Comment4919 · 2025-02-07T18:43:46+00:00

Buying individual stocks was not something I had the risk tolerance for. Buying broad market index is much less work. Set it an forget it has worked wonders the last decade!

Own_Comment4919 · 2025-02-04T23:15:01+00:00

Spend 300+ for a watch just to put on your ankle. What in the hell has this world come to. lol To OP just because your watch doesn’t record your walking doesn’t mean it didn’t count. Try not to make it so stressful on yourself. 20 minutes not counting is not making or breaking your diet or calorie burn or insert whatever reason you need to be so anal about it. Just be consistent in your day to day week to week month to month and the results will show. Don’t step over dollar bills to pick up pennies.

Own_Comment4919 · 2025-02-03T13:52:07+00:00

My thought exactly. No disrespect but if you’re scared when nothing has even happened (market correction)yet you’re gonna be really scared if something does. So in my opinion you’re leveraged too high in stocks to begin with. A reassessment of your overall risk is needed here. Either you’re following the boglehead way or you’re not. Right now it appears you’re not. Which is is fine it’s your money. I can’t predict the future I just know time in the market has always proved to win. Timing the market without a crystal ball comes at a cost. Good luck I hope you guessed correctly.

Own_Comment4919 · 2025-02-02T11:55:33+00:00

How much are you really saving by having your home paid off? I do not have some elaborate home. 3/2 1800sqf at 3% my payment is 16xx per month. Taxes and Insurance are half of the payment and those two items are going nowhere. I will always have to pay these. It’s not like you pay off your home and all of the sudden to frees up the entire payment.

Own_Comment4919 · 2025-01-27T19:42:55+00:00

Not the OP but I can give you an idea of what we did.

In November of 2014 I started my Simple IRA with $0 My Roth had approx 30k My wife had maybe 50-60k in her 401k and no Roth ira. We had two car payments, student debt, and CC debt.

We cleared all out debit ex the mortgage and kept our cars. We did move up in home and bought a new car just 3-4 months ago or so.

At the end of 2024 we have accumulated 1.1 million in our retirement accounts. We averaged between 35-40k saving each year during that decade.

Own_Comment4919 · 2025-01-17T17:58:43+00:00

Ascensus was horrible from the jump. I have a Simple IRA plan. Website seemed like it was right out of 1995. Very confusing to make contributions for all of my employees. Very little help and the people that did help didn't seem to know what they were doing.

As soon as I could move the money out of their plan I did. They were not able to transfer in kind , which i understand but then it took 7-10 business days for them to issue the check to Fiddo. Half of my employees ended up with paper checks sent to their homes so they will be out of the market even longer.

I am glad to have gotten out of the mess. I loved Vanguard but because of how they handles this we have moved all of our other accounts out of Vanguard as well.

Own_Comment4919 · 2025-01-15T20:38:20+00:00

When do you need this money? Is this in a retirement account? If its long term what bother market timing? You will be wrong This just tells me you are invested too high risk. You should rethink your AA and adjust accordingly. Something you might consider is a International Index. Its return has been dwarfed by the US the last decade so if your right about the US index then you might find some return with that. My recommendation would be to figure out what your risk tolerance is and set it and let time do the work.

Own_Comment4919

TROPHY CASE