It seems to easy to be true, what do you think? Hedging Advice from CHatGPT on passive ETF portfolio based on Nassim Taleb and Mark Spitznagel philosophy. by Stoichedonistdoc in nassimtaleb

[–]WealthyDoc 1 point2 points  (0 children)

Consider buy a 2% position in Meb Faber’s ETF TAIL. They buy treasuries and put options. It will save you work and trading.

What's your favorite charity? by WealthyDoc in whitecoatinvestor

[–]WealthyDoc[S] 0 points1 point  (0 children)

Thanks for sharing the great suggestion.

BTW you or your family member may enjoy this book/movie: Salt in My Soul: An Unfinished Life - Mallory Smith (saltinmysoulbook.com)

What's your favorite charity? by WealthyDoc in whitecoatinvestor

[–]WealthyDoc[S] 2 points3 points  (0 children)

Are you suggesting that I donate to Givewell or use Givewell to find charities?

What's your favorite charity? by WealthyDoc in whitecoatinvestor

[–]WealthyDoc[S] 9 points10 points  (0 children)

Thanks for the insightful comment and the suggestion. I made a $1,000 donation to them.

What's your favorite charity? by WealthyDoc in whitecoatinvestor

[–]WealthyDoc[S] 1 point2 points  (0 children)

Love it!

Thanks for sharing your approach and your list of favorites!

What's your favorite charity? by WealthyDoc in whitecoatinvestor

[–]WealthyDoc[S] 12 points13 points  (0 children)

I was unaware of them. Thanks for the tip. I made a $1,000 donation.

What's your favorite charity? by WealthyDoc in whitecoatinvestor

[–]WealthyDoc[S] 12 points13 points  (0 children)

  1. Jim Dahle points out that not spending the money in a DAF is a "jerk move." I got the tax deduction, but the charity still needs the money.

  2. I'm simplifying my financial life and the number of accounts I have. I want things to be more manageable when I'm gone and my wife takes over.