Asset Allocation depends on Risk Tolerance Risk Tolerance and Asset Allocation are tied at the hip and depend on age and recency bias. How you understand risk—and how you balance the stock/bond proportion in your portfolio—is the most important decision […]
Stocks and Time People say that stocks get less risky the longer you own them. Stocks are riskier the longer you hold them. You know: don’t invest money you need soon. But for the money you need in retirement, […]
Calculate MAGI for IRMAA and ACA Tax Credits The MAGI calculation for IRMAA and ACA Tax Credits is vital but usually glossed over. When faced with a difficult calculation, it is easy to wave one’s hand. MAGI is used twice […]
Choosing between Premium ACA Tax Credits and Roth Conversions in Early Retirement Health care is perhaps the most challenging decision in early retirement. Healthcare insurance is expensive, yet the risk of inadequate coverage is potentially devastating. For an early retiree […]
From FI to Coast FIRE I went from Financially Independent (FI) at 48 to Coast FIRE when I was 49. Not much of a retirement! Well, that’s the grace offered by FI. You can work for money if […]
Rumination and Narcissistic Abuse Rumination is named after ruminant animals who re-chew their food. It is an unpleasant experience of repetitive thinking that causes disagreeable emotions such as guilt, shame, anxiety, and depression. Rumination is common during and after […]
Selling Your Winners: Tax Strategies What are some strategies for selling your winning equities? If you have highly appreciated equities, what should you do with them, considering tax strategies? It is a common problem, as people sell their losers and […]
Quiet Quitting in Medicine Quiet quitting in medicine is topical, given epidemic levels of burnout in physicians. While burnout is increasingly discussed, quiet quitting in medicine offers a new spin. Though perhaps paradoxical or contradictory, it has nothing to […]
Mandelbrot, Chaos Theory, and The Misbehavior of Markets Stock market returns are not just random—they are randomly random. That is, stochastic. While I love the word stochastic, it and Chaos Theory are poorly understood by ordinary people. This is […]