Off-Topic: Article That Is Quite Interesting
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Article That Is Quite Interesting
Date:   5/26/2022 8:50:35 AM

That is indeed an interesting reason to be 50% in cash.  He must have a hang lot of cash otherwise she is losing 2% to 8% in value each year and I assume that he has done the math and determined that there is enough for her given their expenses, inflation, expected life expectancy, etc.  I have done the math and there is a huge difference in how long your money will last using 1%, 3% and 6% returns. But if he has a ton of retirement money his 50% will make the difference.  At a minimum I will always have three years of living expenses in cash.  If you look at the history of the markets it usually takes three years or less to recover from a correction so if you keep three years in cash you don't have to cash in investments during a down market to pay for living expenses. 

But I do give him credit for his desire for marital harmony.....as we say in our house, if Momma ain't happy, ain't nobody happy.

Do you actually watch his show?  I don't watch him or any other personality driven shows like his except for a few times on a plane when I had cnbc on the monitor. They seem more tailored for traders and not long-term investors but I haven't watched enough to know for sure. 

Other messages in this thread:View Entire Thread
Dementia Joe is not running anything - MartiniMan - 5/23/2022 8:53:12 AM
     Dementia Joe is not running anything - lucky67 - 5/23/2022 9:46:03 AM
     Dementia Joe is not running anything - Talullahhound - 5/23/2022 2:23:56 PM
          Dementia Joe is not running anything - lucky67 - 5/23/2022 3:00:20 PM
          Dementia Joe is not running anything - MartiniMan - 5/23/2022 3:57:49 PM
               Dementia Joe is not running anything - Talullahhound - 5/23/2022 4:34:36 PM
                    Dementia Joe is not running anything - MartiniMan - 5/24/2022 10:18:21 AM
                         Dementia Joe is not running anything - MAJ USA RET - 5/25/2022 10:44:49 AM
                              Dementia Joe is not running anything - Lifer - 5/25/2022 10:54:49 AM
                              Dementia Joe is not running anything - lucky67 - 5/25/2022 11:04:40 AM
                              Dementia Joe is not running anything - MartiniMan - 5/25/2022 1:53:56 PM
                                   Article That Is Quite Interesting - GoneFishin - 5/25/2022 4:54:54 PM
                                        Article That Is Quite Interesting - MartiniMan - 5/26/2022 8:50:35 AM
                                             Article That Is Quite Interesting - GoneFishin - 5/28/2022 7:37:21 AM
                                   Dementia Joe is not running anything - lucky67 - 5/25/2022 5:14:40 PM



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