XPost: comp.os.linux.advocacy, sci.physics.relativity   
   From: recscuba_google@huntzinger.com   
      
   On 2/25/25 16:25, Physfitfreak wrote:   
   > On 2/25/25 3:10 PM, -hh wrote:   
   >> On 2/25/25 13:59, Physfitfreak wrote:   
   >>>   
   >>>   
   >>> Both stocks and cryptos are down.   
   >>>   
   >>> Buying time!  :-)   
   >>   
   >> Oh, you're free to go first to try to catch a falling knife.   
   >>   
   >>   
   >>> Unless your wife pays your bills.   
   >>   
   >> YMMV on how much one has already moved into more conservative funds.   
   >>   
   >> Warren Buffet is at a ~30% cash position.  Based on this as a   
   >> benchmark, are you currently more risk tolerant, or less risk tolerant?   
   >   
   > What is ymmv?..   
      
      
   YMMV = "Your Mileage May Vary".   
      
   It originated from the 1970s/80s EPA fuel mileage estimates and was   
   adopted as USENET slang ages ago, along with 'spam' from the Monty   
   Python skit, etc.   
      
      
   > I'm not that serious about it all. I'm limited to what Robinhood   
   > can do, and that's been more than sufficient for me to pay   
   > some bills with.   
      
   Whatever company your brokerage happens to be isn't relevant.   
      
   The question is what one's allocations are of various asset classes,   
   classically being (% in Equities, % in Bonds, % in Cash, etc).   
      
   For example, if you have a $1M net worth, half of which is a house and   
   the other half is $400K in Robinhood all holding Stocks, and the   
   remaining $100K is in bank accounts/CDs/Savings Bonds, then your   
   investment portfolio allocations are roughly 50% Real Estate, 40%   
   Equities, 10% Cash/Bonds ... -or- under the philosophy of excluding   
   one's residence, its then an 80%/20% (Equities/Cash).   
      
   > In good times and bad times both :) That's important.   
      
   The challenges are in life expectancy vs inflation, as well as how to   
   fund one's late/end of life medical expenses, particularly assisted   
   living.   
      
   Fidelity Investments publishes an annual cost estimate, based on a   
   65-year-old couple.  This year's number is that they can expect to pay   
   about $315,000 after taxes for health care costs in retirement, but they   
   note that this does not include long-term care costs.   
      
   For LTC, costs vary by region, but figure $10-$15K/month outside of   
   highest cost of living areas.  Average length of stay is 3.7yrs/Female &   
   2.2yrs/Male, so at ~3yrs, it yields a funding requirement of $360K to   
   $540K .. and that's present value, after-tax, and per person.   
      
      
   -hh   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)