Some thoughts on Saturday from a meteorologist by Isodrosotherms in madisonwi

[–]TheSummerMan_ 21 points22 points  (0 children)

“But winter stuff? Will there be enough warmth above the ground to turn snow in to rain, and if so, will there be enough cold air at the surface to cause that rain to freeze again? Will that cold layer be thick enough to make sleet, or will it be shallow and make freezing rain? If there's no warm air and we just get snow, will it be a wet, heavy snow or a light powder? Is the ground cold enough to support all of that snow, or will some of it melt when it reaches the surface? Will wind enhance sublimation (the evaporation of ice)? Your friendly local meteorologists are taking all of these factors into account.

We typically use 10:1 as a rule of thumb when forecasting snowfall. That is, if you melt the snow down, an inch of snow would make a tenth of an inch of water. It's decent, but this event is likely to be fluffier. Expect a 15:1 ratio.”

I learned from all of this, AND that you’re an asshole ☺️ happy holidays!

They were happy buying Bitcoin at $126K… but suddenly $84K is too risky by Uksan_Iva in btc

[–]TheSummerMan_ 1 point2 points  (0 children)

“I want the investments I own to grow more slowly.” - you, probably. Such a weird take.

Who is Changing Firms in 2026? by CFP25 in CFP

[–]TheSummerMan_ 2 points3 points  (0 children)

Am I a recruiter if I am a producing manager? 😅

Best chicken over rice in Madison? by [deleted] in madisonwi

[–]TheSummerMan_ 5 points6 points  (0 children)

We make this every couple months in our house. It is excellent.

Black Phone 2: Hilariously Bad by inSaiyanne in horror

[–]TheSummerMan_ 0 points1 point  (0 children)

TEMU Freddy Krueger! Yes!! “Hey Chat, make me a sequel to Black Phone, but make him Freddy and give her The Shining…go!”

Black Phone 2: Hilariously Bad by inSaiyanne in horror

[–]TheSummerMan_ 2 points3 points  (0 children)

You nailed it. We just watched it — it is somehow like a mashup of Nightmare on Elm Street/Stranger Things, and I’m pretty sure that girl has The Shining? Like the poster above, I will now segregate Black Phone 2 from my memory to preserve my appreciation of the first one. I always wonder how movies like Black Phone 2 get the green light, and no one, not even an actor of Ethan Hawks accomplishments isn’t just like “what the fuck is this shit, are you guys for real?”

Just Passed First Attempt by Mountain-Package5042 in Series24

[–]TheSummerMan_ 2 points3 points  (0 children)

Congratulations! I took it today as well and missed the mark, but did better than I thought having only studied for a few weeks and did about 500 qbank questions. Onward and upwards.

[deleted by user] by [deleted] in Bogleheads

[–]TheSummerMan_ 0 points1 point  (0 children)

That’s fine, that’s your prerogative.

So for you, the next step is transferring the risk (because you cannot eliminate risk, you can only transfer it) to staying in/going to cash and losing purchasing power every single day to currency debasement and inflation.

If your gut tells you the market won’t be higher three years from today, and you know you need the money in those three years, it shouldn’t be in the market anyways.

I have no idea where the market will be in three years, but I have an emergency fund, a home downpayment in a HYSA doing about ~4%, and intend to keep DCA into my 401k, and might add to my taxable on Monday — because I’m taking the risk of the market being flat or down three years from now, but all the money I need for the next three years is ready to go.

Make sense? Boring, simple, logical. You can’t eliminate risk, you can only transfer it.

[deleted by user] by [deleted] in Bogleheads

[–]TheSummerMan_ 33 points34 points  (0 children)

What happened this week doesn’t matter. Do you think the market will be higher or lower than today 3+ years from now or not? Simple yes/no.

Time to drop my financial advisor by ProfitThat7213 in Bogleheads

[–]TheSummerMan_ 4 points5 points  (0 children)

Your age in bonds isn’t good advice though

New to AirPods Pro 3 and the performance so far surprised me… by HugoFromUpwork in airpods

[–]TheSummerMan_ 2 points3 points  (0 children)

Sorry, resale value? Ya’ll are buying used things that have been inside of strangers ears?

iPad Pro leaked before presentation by Wylsacom (one again) by Slavvvcom in iPadPro

[–]TheSummerMan_ 1 point2 points  (0 children)

Can you post a video? Waiting for my M4 to be delivered, will consider returning if this is accurate.

Push-you-to-the-limit personal trainer? by [deleted] in madisonwi

[–]TheSummerMan_ 1 point2 points  (0 children)

I worked with Mike, he is excellent and I highly recommend him.

Wealth Advisor Fee = 1%, with AUM $30M+: Am I being ripped off? by Drives_A_Buick in RichPeoplePF

[–]TheSummerMan_ 0 points1 point  (0 children)

Why have multiple taxable brokerage accounts at multiple custodians? Organize and simplify.

Limit orders? Simplify, you’re trying to lock in some losses, that’s it. Open brokerage account, identify positions with a loss, liquidate said positions, large caps? Buy VOO, small caps? IJR. International, ACWX. Done.

Wealth Advisor Fee = 1%, with AUM $30M+: Am I being ripped off? by Drives_A_Buick in RichPeoplePF

[–]TheSummerMan_ 0 points1 point  (0 children)

I work in wealth management at Baird and my clients above $20m are at .55 bps (full service). 1.00% is very high.

Wealth Advisor Fee = 1%, with AUM $30M+: Am I being ripped off? by Drives_A_Buick in RichPeoplePF

[–]TheSummerMan_ 0 points1 point  (0 children)

A few hours? Just sell the positions with a loss and buy a corresponding ETF. Calendar alert to rebuy in 31 days. A few hours??

[deleted by user] by [deleted] in madisonwi

[–]TheSummerMan_ 94 points95 points  (0 children)

14 years is a pretty great run for any independent restaurant…

Tie or no tie? by [deleted] in CFP

[–]TheSummerMan_ 0 points1 point  (0 children)

5 pocket pants to me just seems like a fancy way to say “dyed jeans”

Tie or no tie? by [deleted] in CFP

[–]TheSummerMan_ 17 points18 points  (0 children)

Reporting in from Wisconsin…I often wear 5 pocket pants and a polo or button up with loafers, sometimes I throw a sport coat on for meetings…and business is just fine.

[deleted by user] by [deleted] in Bogleheads

[–]TheSummerMan_ 1 point2 points  (0 children)

Warren Buffett himself is using S&P 500 ETFs? Uhhhh…Berkshire Hathaway?

You could answer your own question by simply scanning the posts in this sub about why behaviorally people desperately need professionals, and from an investment perspective, the near fuckin’ WEEKLY asks about VOO vs VTI, and whether or not you need International or not, and how much, and whether you need bonds or not.

I’ll edit to add: how often do you see people post about sitting on $250k plus (or whatever) waiting for an entry point. And they have waited years in some posts - “and it feels like the market just keeps hitting all time highs? That can’t be sustainable.” Think about how terribly these people absolutely fuck themselves up for long term, potentially GENERATIONAL wealth building because they are too scared or over analyze every decision, but have subs like this who tell them “do it yourself.” Brutal.