Hoard money or party like it’s 1999?

Anonymous
Anonymous wrote:Doing 30% in real estate at the moment!
Buyers market again.
Now, this something you don’t hear every day. Not saying you are wrong, but care to explain why it’s a buyers market ?
Anonymous
I am still traveling - I recently went to Iceland on a pretty active trip (I'm 43 and husband is 50) - and I told my husband I was glad to be doing it at 43 and not 70. He said he hopes we are still doing it at 70, and so do I! I am going to keep running even though I'm tired sometimes LOL. We did the Captain Cook hike to snorkeling to Hawaii (2 miles each way) with my 70 year old parents. My dad still runs and he did it perfectly but my son held my mom's hand the whole way and it was a struggle for her. That said - some other grandmothers turned around - so good for her for making it!
Anonymous
Anonymous wrote:We are in the same boat and we decided to spend while we are still healthy and the kids are still young. Nobody knows what tomorrow will bring. Now, I wish we had $10m stashed away, but decided that spending now is more important to us. YMMV


We know what tomorrow will bring.

Trump has told you, Project 2025 has told you.

You are not listening.

Eric Trump said "Trump family will make $3 Billion off of taxpayers during his second term" and that "why not it's perfectly fine". That number is way low but we all know Eric is an idiot. He did steal from sick children with cancer St. Judes.

While you lose all your rights and all your income and the $ is destroyed.

Anonymous
Anonymous wrote:Doing 30% in real estate at the moment!
Buyers market again.


Not at the current interest rates. Maybe if you're an all-cash buyer.
Anonymous
You're not just "traveling."

You're investing in your family, and (hopefully) strengthening relationships.

And solidifying the bonds between siblings. Those, if strong, will last beyond you and your spouse and are a huge gift you give to your children.
Anonymous
Anonymous wrote:You're not just "traveling."

You're investing in your family, and (hopefully) strengthening relationships.

And solidifying the bonds between siblings. Those, if strong, will last beyond you and your spouse and are a huge gift you give to your children.


That's a nice perspective.
Anonymous
We are enjoying life now - it's all any of us have. We live modestly and have plenty of savings for our income level. We do worry about the dollar being destroyed, but if there is going to be a global depression at least my kids enjoyed lots of travel and new experiences before it all went to hell. We live overseas and I am debating getting a job paying euros as a hedge, but having new experiences with loved ones, friends and family, is what we think makes life worth living.
Anonymous
Anonymous wrote:Uncertainty where? The economy is great, stocks are up, gold is up, silver is up. If you want to go be scared and live in your basement more power to you. I’ll be enjoying this life!


Thread.
Anonymous
Anonymous wrote:We’ve long maxed out 401ks, have healthy 529s for all the kids, and have a generous emergency fund.

A few years ago our income went up and we’ve been using the extra money on travel. Our kids are in middle school and upper elementary, and it feels like we won’t have forever with them, so we’re doing it all, and checking off bucket-list travel items annually.

Now there’s this horrible Trump uncertainty. I’m torn between saving as much money as possible (and scaling back to a simple east coast beach vacation), vs figuring since we have NO idea what the future holds we might as well travel NOW while we still can (while maintaining our standard “good” savings).

Thoughts?


We are in pretty much the same position. We are doing the former
Anonymous
Anonymous wrote:
Anonymous wrote:We’ve long maxed out 401ks, have healthy 529s for all the kids, and have a generous emergency fund.

A few years ago our income went up and we’ve been using the extra money on travel. Our kids are in middle school and upper elementary, and it feels like we won’t have forever with them, so we’re doing it all, and checking off bucket-list travel items annually.

Now there’s this horrible Trump uncertainty. I’m torn between saving as much money as possible (and scaling back to a simple east coast beach vacation), vs figuring since we have NO idea what the future holds we might as well travel NOW while we still can (while maintaining our standard “good” savings).

Thoughts?


We are in pretty much the same position. We are doing the former


Sorry me again. we are doing the later. We are living it up with our kids while we have them. While still saving and investing. Feel like it’s now or never with the kids
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We’ve long maxed out 401ks, have healthy 529s for all the kids, and have a generous emergency fund.

A few years ago our income went up and we’ve been using the extra money on travel. Our kids are in middle school and upper elementary, and it feels like we won’t have forever with them, so we’re doing it all, and checking off bucket-list travel items annually.

Now there’s this horrible Trump uncertainty. I’m torn between saving as much money as possible (and scaling back to a simple east coast beach vacation), vs figuring since we have NO idea what the future holds we might as well travel NOW while we still can (while maintaining our standard “good” savings).

Thoughts?


The dollar will be gone invest in real estate gold or silver

We are in the 1 percent and we have cancelled all travel.

Trumps goal is to burn the US to the ground banks will fail the dollar will be gone,


It's funny you say this because my dad is a right-wing Trump prepper, and he too has a significant amount of gold sitting in a safety deposit box. It's funny how the far left and far right are more similar than they would ever admit.

I'm comfortable in my allocation and not changing a thing. But, if the world goes to hell, by Trump-loving dad has enough gold for the whole family.


Your dad knows that’s what Thiel wants. He knows he, and many other billionaires, have bunkers in NZ. We’ll see how much crazy gets through.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We’ve long maxed out 401ks, have healthy 529s for all the kids, and have a generous emergency fund.

A few years ago our income went up and we’ve been using the extra money on travel. Our kids are in middle school and upper elementary, and it feels like we won’t have forever with them, so we’re doing it all, and checking off bucket-list travel items annually.

Now there’s this horrible Trump uncertainty. I’m torn between saving as much money as possible (and scaling back to a simple east coast beach vacation), vs figuring since we have NO idea what the future holds we might as well travel NOW while we still can (while maintaining our standard “good” savings).

Thoughts?


The dollar will be gone invest in real estate gold or silver

We are in the 1 percent and we have cancelled all travel.

Trumps goal is to burn the US to the ground banks will fail the dollar will be gone,


It's funny you say this because my dad is a right-wing Trump prepper, and he too has a significant amount of gold sitting in a safety deposit box. It's funny how the far left and far right are more similar than they would ever admit.

I'm comfortable in my allocation and not changing a thing. But, if the world goes to hell, by Trump-loving dad has enough gold for the whole family.


Yes it's called a the horseshoe effect, when the far right and far left are actually quite similar
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We’ve long maxed out 401ks, have healthy 529s for all the kids, and have a generous emergency fund.

A few years ago our income went up and we’ve been using the extra money on travel. Our kids are in middle school and upper elementary, and it feels like we won’t have forever with them, so we’re doing it all, and checking off bucket-list travel items annually.

Now there’s this horrible Trump uncertainty. I’m torn between saving as much money as possible (and scaling back to a simple east coast beach vacation), vs figuring since we have NO idea what the future holds we might as well travel NOW while we still can (while maintaining our standard “good” savings).

Thoughts?


The dollar will be gone invest in real estate gold or silver

We are in the 1 percent and we have cancelled all travel.

Trumps goal is to burn the US to the ground banks will fail the dollar will be gone,


It's funny you say this because my dad is a right-wing Trump prepper, and he too has a significant amount of gold sitting in a safety deposit box. It's funny how the far left and far right are more similar than they would ever admit.

I'm comfortable in my allocation and not changing a thing. But, if the world goes to hell, by Trump-loving dad has enough gold for the whole family.


Yes it's called a the horseshoe effect, when the far right and far left are actually quite similar


Both ends are full of crazies.
Anonymous
Anonymous wrote:We’ve long maxed out 401ks, have healthy 529s for all the kids, and have a generous emergency fund.

A few years ago our income went up and we’ve been using the extra money on travel. Our kids are in middle school and upper elementary, and it feels like we won’t have forever with them, so we’re doing it all, and checking off bucket-list travel items annually.

Now there’s this horrible Trump uncertainty. I’m torn between saving as much money as possible (and scaling back to a simple east coast beach vacation), vs figuring since we have NO idea what the future holds we might as well travel NOW while we still can (while maintaining our standard “good” savings).

Thoughts?


My thought is you are full of S
Anonymous
Anonymous wrote:Uncertainty where? The economy is great, stocks are up, gold is up, silver is up. If you want to go be scared and live in your basement more power to you. I’ll be enjoying this life!


Um gold being up is a bad sign.
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