Today’s reader case touches on an issue that’s near and dear to my heart, so without further ado, let’s dive in! Hi Firecracker & Wanderer! I’ve been an avid reader of your blog for years now, and first stumbled upon your book in 2020…I bought both the audible version and physical copy, and have probably re-listened/ re-read your book about 7 times to really solidify the concepts. At the time of reading Quit Like a Millionaire, I […]

If an investment sounds too good to be true….it probably is. When it comes to money always go with your gut instinct and never try and make money from fads and those here today, gone tomorrow schemes. Continue Reading The post Monday Money Motivation-What Is Money Worth? appeared first on My Worthy Penny.

Two stories today and then a thought. Story 1: Discovering FI (Telling The World!) I learned that I could retire early in October of 2012. I was having an awful time at work and put this into Google: How do I retire early? It was a hail mary pass that I didn’t expect to lead […] The post Discovering FI, Our Town, And My Life appeared first on 1500 Days to Freedom.

The IRS recently published the last of the annual inflation updates for 2026. If you have questions about a particular amount that I do not mention here, you can likely find it in the official IRS announcements: Rev. Proc. 2025-32 contains most inflation adjustment figures, Notice 2025-67 contains figures relating to retirement accounts, and Rev. Proc 2025-19 contains figures relating to health savings accounts (HSAs). Single 2026 Tax Brackets Taxable Income Tax Bracket: $0-$12,400 10% […]

We recently got our ‘windfall’ Avion points and although it is valued at 2 cents per point in reality it’s not really 2 cents per point. We got these points with one of the brokerage account opening promotions (RBC Direct Investing). Now the Budget announced … Read morePF Blog Round Up: Travel Points Edition The post PF Blog Round Up: Travel Points Edition appeared first on Genymoney.ca.

Before the article, check out the latest on my podcast, Personal Finance for Long-Term Investors: On Apple Podcasts On Spotify On YouTube Now, here’s today’s article: Phil wrote in this week: Jesse – if we do think that the stock market is overvalued right now, doesn’t it make sense to sell some stocks and move that money to cash? Or is that “timing the market?” Can’t I just argue it’s smart “rebalancing?” It kind of feels like semantics!! I’m writing this as a 68-year old retiree (retired since 2017). Interested to hear your thoughts.  I’ve been thinking about this myself, Phil. Yes, valuations are undoubtedly high. But, as Aswath Damodaran might ask, does that mean stocks are overpriced? And most to the point: should long-term investors and retirees do anything about it? The “Boglehead” and “Malkiel” in me both know that market timing is a fool’s errand. As John Bogle told us, “Don’t do something; just stand there.” At the same time… Returns have been so good. The S&P 500 return since January 2023 (35 months) is 22.46% per year. These kinds returns do not and cannot continue forever.  Zooming out, since Phil retired in 2017, the S&P has returned 14.5% per year. Simply outstanding. Valuations are high, especially among the biggest stocks in the market.  If there was ever an excuse to time the market, surely this is what it would look like? Or at least, I’m sure that’s the argument Phil and many others are telling themselves. In fairness to the idea, let’s do this: I’ll share both smart and dumb reasons to shift money into cash right now. Let’s see where your thoughts end up. Why Move to Cash Right Now There are logical reasons to consider a move to cash right now. Risk Reduction and Rebalancing Discipline Selling some stocks will lock in your gains and protect you if the market does correct sharply. This is purely a risk reduction measure. If your 60/40 starting portfolio is now closer to 70/30, then I’m all in favor of selling stocks to get back to 60/40…or perhaps 60 / 30 + 10% in cash.  Asset-Liability Matching If your financial plan includes asset-liability matching or a “goals-based” investing framework, then recent stock market performance might have blessed you with “excess capital.” The asset-liability framework suggests using low-risk assets (cash, bonds) to cover your spending needs for the near term. Then you use high-risk assets (such as stocks) to cover your long-term spending needs. But then, you might have all your future liabilities covered, yet still have some money to be deployed. This is excess capital. It’s money you don’t need. Your financial plan will be successful with or without it. For that reason, you can do what you want with it. Find a great charity. Take a flyer on your nephew’s

Cosa fare con i tuoi investimento ora che gli interessi sugli investimenti “sicuri” sono bassi e i mercati azionari sono sui massimi? Ci troviamo in una situazione particolare: i tassi di interesse su conti deposito e i rendimenti degli ETF monetari sono piuttosto scarsi i mercati azionari sono sui massimi e l’hype per l’AI non sembra arrestarsi Dove mettere i soldi in questo scenario? Parcheggiarli in un conto deposito o ETF monetario a basso rischio, […]

“I want to declutter, but what about the environment?” Here’s how to make peace with the imperfect truth — and how to declutter in a way that’s better for you and the planet. The post What to Do With the Stuff You Declutter When You’re Worried About the Environment appeared first on Simply + Fiercely.