I fully admit that I did the wrong thing back in 2008 when the stock market got walloped. I had only been investing for about 10 years and I freaked out:I logged into my 401(k) account late one night and lowered my contributions so that I put in exactly enough to get the company match and no more. For the next couple of years, I paid no attention to my investment … [Read more...] about The Right Question To Ask About The Crazy Markets
Investing
Six Thoughts On Losing $1,000,000
Note: I wrote this post last week before war broke out. It's silly and narcissistic to worry about money when others are fleeing for their lives and children are dying (<-- WARNING! This links to a story about a child killed in the attack and is graphic, tragic, and all-around horrible.).#perspectiveMy normal modus operandi is to not pay attention to news that isn't … [Read more...] about Six Thoughts On Losing $1,000,000
2021, 2022, VTSAX And Chill
Wait, 2021 is over already? What the heck happened? 2020 trudged along like a drunken sloth trying to scale Mt. Everest. 2021 seemed to fly by in seconds...2021 was a pretty great year. I'm thankful for all of the adventures I got to experience:I'm even more thankful that my daily life was interesting, challenging, and filled with good humans.Money, $$$, … [Read more...] about 2021, 2022, VTSAX And Chill
The Anti-Withdrawal Strategy: How To Beat Sequence Risk
Reader note: My example in the original version of this post was poor. Thanks to Shaun and TMV for pointing this out in the comments. I have rewritten parts of the post with a better example.Perhaps the biggest financial risk for an early retiree is sequence risk. This is selling your stocks into a bad market early in retirement. Here's a fancy definition:Sequence risk … [Read more...] about The Anti-Withdrawal Strategy: How To Beat Sequence Risk
Tesla, My First $1,000,000 Investment
I wrote this post mostly for myself. Writing about stuff helps me think through it. Don't take any of this as investment advice. You'd be silly to listen to a grown human who plays with plastic dinosaurs anyway. Do your own research!Sometimes you get lucky.I bought some Tesla stock back in 2012 on a whim. Here was my reasoning:I liked the Model S and admired Elon … [Read more...] about Tesla, My First $1,000,000 Investment