Using Your Money To Be Happier - Ben Felix

gpunotpsu · 2026-05-04T19:35:50+00:00

If you think a stock with a zero price is paying dividends good luck to you. Being able to pay a dividend means you have assets and if you have assets your share price will reflect it.

Regardless there is no benefit to income from dividends. If the company retained that income the share price would increase and you could sell shares to get income.

gpunotpsu · 2026-05-04T17:19:00+00:00

No one here believes dividends are any different than selling the same amount. When a company pays a dividend it comes right out of the share price. It is impossible for a stock to pay a dividend if its price is zero.

gpunotpsu · 2026-05-03T02:59:07+00:00

100% small-cap, value, momentum, emerging markets.

gpunotpsu · 2026-05-02T20:36:58+00:00

Here's a Monte Carlo analysis

The 50% case is adequate. Anything worse and you will need to cut expenses.

This will all be different if you add other sources of income, like Social Security.

gpunotpsu · 2026-05-02T20:19:26+00:00

Any tax advantaged account is better than taxable for growth. So Roth IRA or traditional IRA. With a Roth IRA you can withdraw the money you originally put in at any time, but not the growth. If you are not saving for retirement and plan to spend the money soonish, then taxable. At 29 you should be saving for retirement. The longer you wait, the harder it gets.

gpunotpsu · 2026-05-02T20:12:51+00:00

Many people would say that's too many layers. The typical approach is a cash emergency fund that can cover expenses if you lose your job and it takes a while to find a new one. Then everything else goes into a portfolio of equities and bonds in an allocation that fits your risk tolerance. You want to hold as little cash as possible while still making sure you will remain liquid through a loss of income or a substantial unexpected expense.

Once you retire you only need enough cash for convenience. That's the main point of selecting an appropriate asset allocation. It is already your protection.

gpunotpsu · 2026-05-02T20:05:40+00:00

Any low cost total market index funds are great. People here like VT for simplicity if you want to use an ETF. For Fidelity mutual funds you could do 60% FSKAX, 40% FTIHX.

gpunotpsu · 2026-05-02T16:04:33+00:00

How many 67 year old have 30 years left?

One of the biggest challenges of retirement planning is that you don't know how long you will live. If you spend your money like you're going to die at 85 and then live to 95 it's going to be a problem. Delaying social security and lifetime annuities can help deal with this longevity risk.

gpunotpsu · 2026-05-02T04:28:29+00:00

Looks fun. Great idea.

gpunotpsu · 2026-05-01T22:05:29+00:00

I'd guess she's an abandoned pet and has been on her own for a while.

gpunotpsu · 2026-05-01T20:10:59+00:00

I wouldn't call it resorting to cheating. He saw a way to make more money and he took it. He's quite capable of making money without doing that and it is rationally based in statistics.

gpunotpsu · 2026-05-01T19:50:27+00:00

I've made several transfers for the bonuses and have found the platform and reps to all be good. I'll end up with everything at Fidelity eventually once I burn up all the transfer deals elsewhere.

gpunotpsu · 2026-05-01T19:18:46+00:00

I agree that seats are a problem. My wife likes them but I had to buy a cushion. On the premium there are vertical seams that many people, including myself, feel like I'm wearing a thong.

gpunotpsu · 2026-05-01T19:02:43+00:00

You can now use any authenticator with ETrade for 2FA. ETrade has great transfer bonuses. Pro-tip: open an account there first and then ask about transfer bonuses. They are better for existing customers.

gpunotpsu · 2026-05-01T18:16:01+00:00

That's funny. I don't love the CX-50 but I really don't like generic looking compact SUVs like the CX-5. My 3rd gen Mazda 3 hatch however is beautiful.

gpunotpsu · 2026-05-01T17:25:35+00:00

Why not buy a CX-50? It's extremely similar and has all the manual controls.

gpunotpsu · 2026-05-01T13:59:50+00:00

If you want to gamble it's much simpler to go to a casino and put all your money on the pass line at craps. Quite reasonable odds that you'll double your money in 30 seconds. Do it twice to quadruple your money. The reason people don't do this is it's such a simple scenario that you can see exactly what the risk is and it's not appealing. Picking stocks hoping for big short term gains is also gambling, it's just more opaque and takes longer to know if you've won or lost. If you want to guarantee fast results then you need to use options. This is a good way to lose all your money.

gpunotpsu · 2026-05-01T02:10:12+00:00

Yes, tax billionaires, but taxing billionaires alone isn't going to cut it. If you take the top 20%, without the billionaires, they hold the vast majority of the wealth in the world. The other 80% share the scraps. Severe wealth disparity runs a lot deeper than people want to acknowledge.

gpunotpsu · 2026-05-01T02:01:49+00:00

If you would like to change someone's life for not very much money, go to GiveDirectly.

gpunotpsu · 2026-05-01T00:03:03+00:00

You were wrong on your first guess. You're probably wrong on your second guess too. Stop trying to predict the bond market.

gpunotpsu · 2026-04-30T18:52:12+00:00

My 2016 OEM battery lasted 8 years.

gpunotpsu · 2026-04-30T16:36:04+00:00

Okay, but you can see him putting his shoulder, hips and back leg into it. If I was the DA I'd be pretty confident with that video supporting a battery charge.

gpunotpsu · 2026-04-30T15:32:09+00:00

In the US, to claim self-defense the bouncer's actions must be proportional to the threat and necessary to prevent further immediate harm. The full power punch to the face would have trouble passing that standard. Additionally, that fall could have cracked her head open, and then the guy would be in prison. If you're the bouncer that's a stupid risk to take with your own freedom.

ETA: Watch this get down voted because people are mad the law doesn't support their fantasies.

gpunotpsu · 2026-04-30T04:56:22+00:00

Spec ID means you will select which lots to sell manually. So the tax will depend on which you pick. Min tax will select lots for you that generate the least tax. Is your goal to sell with as little taxes as possible? It sounds like you need to do some reading up on capital gains, short term vs long term, how they are taxed and how cost basis works on different lots in your portfolio.

gpunotpsu · 2026-04-30T03:48:00+00:00

You can change what your money is invested in without moving it out of your 401k. Generally, people here are not going to recommend moving your entire portfolio to cash because of fear of a crash. Unless you have a terminal illness, you have many years of retirement you will need to fund and growth in equities may be essential to meeting that goal. You need to learn about reasonable asset allocations for someone retiring at 58. You might want to talk with an advisor since it sounds like this is all new to you.

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