Thanks TBB, it does help…

Except when you say “depends on my portfolio”? Those two CDs ARE my portfolio… {sigh} (Well, my late husband got ‘caught up in a wild recommendation’ and I let him put my $30k savings into a single medical/future drug stock {double sigh}, which is now a penny stock. {triple sigh} Reading books by “the Daniels” (Kahnneman and Ariely) have convinced me that I’m stupid to hold it, hoping the clinical trial will pan out… but I haven’t yet built up the emotional strength to sell and take the nearly-60% loss… (Figuring, “oh hell, I’ve lost so much of it as it is, and it WAS my husband’s fervent wish and belief that this stock would be worth it…” So there’s a psychological reluctance, but barely any hope…)

But I guess then, you’re saying I should consider putting one CD in the VTSAX and the other in VBTLX — which then gives me some of each (stocks and bonds) — and maybe balance out the amounts (stocks and bonds) based on my age and situation. (Do you actually have a money-related blog? I don’t see how you could when this one takes so much time — and I’d actually rather you’d keep this one up than spread your attention! {wink})

You would not believe the scale of financial illiteracy in this country, really!

I deal with successful people, all millionaires (except one on his third marriage who got cleaned out twice already lol). Half became millionaires after they hired me. And they are smart enough to realize they need help.

FT types are not my target market, they think they can do it all AND get a deal:-)
What I do is not rocket science, it can be done if you have the time and interest AND you can control emotions and brain cells in general. Behavioral finance is very fascinating subject!

Now I need to catch up on them darn blog posts. Thanks for reading and taking the time to comment!

See my point above about what happens in real life. The vast majority of people who say that do NOT follow through! And yes I agree earning 3.5% over long periods of time is hazardous to long term financial health…in general!

Then again you might deal with a lot of financially illiterate people. So I imagine your view of people might be quite different.

Thats why what I said is correct. My Mortgage rate is 3.5% if paying my mortgage early earns me a 3.5% rate of return then I am not doing a very good job. Earning 3.5% on your money over long periods of time is hazardous to your long term financial health.

I agree:-)

Ouch, that just sounds awful!

I just got back, trying to catch up…I am buried!

Kewl on the reposting material policy, makes sense.

I should have chosen just one pic of me with that darn scarf. Good point!

Interesting to see how you do with the new direction. Right now Boarding Area is on a roll!

Sound like you have it down pat! I only had two full days in Instanbul, bus tour was perfect;-)