MiddleAgedMan
Hanging on in quiet desperation is the English way.
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User ID: 600
MiddleAgedMan
Hanging on in quiet desperation is the English way.
3d ago
Yes that's correct, and also that we live in a boring world. Fortunately investing should be boring so that works out well. There are some occasional trainwreck posts that are entertaining, but the mods there are extremely quick on the trigger so they tend to peter out quickly.
I first started there over 20 years ago when it was much more niche and the strategies espoused were not as well known. The philosophy has probably saved/made me a few hundred thousand dollars over time versus picking my own stocks, so I have some residual good feelings.
MiddleAgedMan
Hanging on in quiet desperation is the English way.
3d ago
Yes, exactly. I would describe it as more esoteric in that there are many more threads with diverse topics. Also the general vibe is a bit more relaxed and personal beefs are tolerated somewhat more.
The finance board is just bogleheads.org which is pretty public at this point. I mostly stick to a few niche topics (like TIPS investing) that have dedicated posters, but there is a lot of good information there for people who are new to investing.
MiddleAgedMan
Hanging on in quiet desperation is the English way.
3d ago
I spend nearly all of my message board time on either the Motte, Data Secrets Lox, a few other small-volume boards, and a finance board more oriented toward long-term investing. Pretty much everything else is direct blogs/substacks and an occasional quickly-regretted venture onto Twitter.
The key is smaller groups that are either gatekept or uninteresting to the general public. Everything else is garbage.
MiddleAgedMan
Hanging on in quiet desperation is the English way.
4d ago
The question is whether the payoff of posting something even theoretically cancelable is worth the small risk of losing one's livelihood or personal relationships. Everyone will have an individual payoff matrix. Personally I've decided that the minimal utility I get from online posting is not worth any risk of blowing up my life. Especially considering that advances in AI may make it much easier to identify writing patterns and habits.
MiddleAgedMan
Hanging on in quiet desperation is the English way.
18d ago
I believe the contention is that it in fact is near that density. It certainly is much, much higher than observed reality.
MiddleAgedMan
Hanging on in quiet desperation is the English way.
22d ago
Very well spoken and I agree. I wish I could bring myself to actually speak my mind here (or anywhere) but the fear of doxxing, although surely minimal, is enough to stop all but the most anodyne thoughts from leaking through. So I appreciate the expression of others and silently cheer you all on - know that there is a silent(ish) cadre who is with you in spirit.
MiddleAgedMan
Hanging on in quiet desperation is the English way.
28d ago
I used to read while driving. Still not sure how I am still alive after this and similar risks.
The TIPS are for my version of a liability matching portfolio. The main idea is to ensure that we have an inflation-adjusted income floor in retirement that matches current spending, so that in theory our lifestyle will not need to change for financial reasons.
In our particular case I am penciling in my retirement at 63 and wife's when I am 68 (she is younger). We'll both start drawing SS when I am 70. So I need amount A for years 63-67, amount B for years 68-69, and amount C for years 70+ (currently planned through 82). These amounts are obviously estimates but reasonably good ones, and they exclude items like college which are accounted for separately. Once these floors are established, then the majority of the rest of the portfolio will be in global stock index funds with some in Treasurys.
I have about 2/3 of this locked in already. Currently there is a gap in TIPS availability from 2035-2039 which coincides with part of my plan. The 2035s will be available next year as 10y and I will just buy them as they become available. Then for some of the other years I will fill in as money becomes available.
This strategy is not for everyone but my wife is particularly risk averse and we do not need to take any additional risks to ensure a solid retirement. My goal is to preserve our current lifestyle - I'm not trying to hit the jackpot. The overall allocation is about 33% stock, 39% TIPS, 28% T-bills at this point.
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