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There are exceptional fund managers who have consistently out-performed the S&P 500, but I believe index fund should be your core holdings. Peter Lynch managed the Fidelity Magellan Fund from 1977 to 1990, earning average returns of 29.2% before his retirement at age 46. William Danoff managed...

Chili’s smasher burger’s beef patty is lean, I suggest not ordering it well done.

https://www.latimes.com/environment/story/2024-05-22/evs-and-hybrids-twice-as-likely-to-hit-pedestrians-study-shows Young children are trained to stop, look and listen before they cross the street. In the electric car age, parents might want to put extra emphasis on the word “listen.”...

I went to Kramer Jr High in Placentia for 7th grade. Used to own a condo by Rose Dr & Alta Vista, lived there when hometown buffet was still there. Lectured 5th grade class at Rose Dr elementary back in college - graduated from Fullerton JC and CSUF. Used to buy membership at OC indoor range...

Vanguard College Cost estimator has list of schools and their costs: https://vanguardcollege.ssnc.cloud/collcost.php#results When you click on "Look up cost" you can select State, in-state/out-state tuition, tuition only or tuition + room and board costs. Though I have questions regarding "out...

They probably don't even know where it is. Back when I was trying to buy in South Riverside County, no Asian investor competition I thought. Lo and behold, I was up against Canadian (and one Dutch) snowbirds.

>_< For ~$1 million you can get a SFR in Fullerton/Brea/Placentia area: https://www.redfin.com/CA/Brea/472-Dover-Cir-92821/home/4150436 https://www.redfin.com/CA/Brea/602-Candlewood-St-92821/home/4144346 $1.5 mil homes with <$100/month HOA...

Tender Greens at Spectrum now sells a $11 burger, no sides. The burger itself is meaty and decent, not sad looking like Shake Shack. Wish it came with a side, ah well.

Sorry guys, I left my compound interest calculator on monthly instead of annually. Since we're talking about S&P 500 with annualized average returns of 10.2%, the compound interst calculation should be set to annual and not monthly. Using my earlier example, if I put $100/month into an account...

Here's a couple useful charts: A comparison of investing in top 50, 100, 200, 500, and 1000 stocks on the S&P 500: https://www.portfoliovisualizer.com/fund-performance?s=y&sl=7AFcnMUsxfXxnY1iyaUhvf A comparison of bonds/stocks portfolio models and average returns...

There's a lifetime limit of $35,000 on 529 to Roth IRA conversion. The annual IRA contribution limit is $7,000. This includes 529 to Roth IRA conversion: https://www.fidelity.com/learning-center/personal-finance/529-rollover-to-roth To have $60,000 in Roth IRA by age 18, you'd need to...

That early start, or early lump sum is critical in achieving critical mass for the snowball rolling downhill. Using my earlier example of 59 year investment span for my 4 year old, if I invest $100/month from ages 4-18 (14 years) into S&P 500 and stop contribution at age 18, the account will...

S&P 500 index is one of the best investment choices with historical returns of 10.2% annually: https://investor.vanguard.com/investor-resources-education/education/model-portfolio-allocation With Buffett's 90/10 model portfolio for his spouse, the above chart shows historical returns of 9.9%...

Forsyth County might have better weather (fewer extreme heat days) than inland areas of CA by 2050: https://www.maps.com/heat-gov-maps-monitor-and-forecast-extreme-heat-events-through-2050/ The Blue Ridge Mountain areas is predicted to have cooler temp.

In general, 529 plans reduce aid eligibility by up to 5.64% of the asset value, versus UGMA will reduce aid eligibility by 20% of the asset value. The $3 million calculation assumes $36,380.92 in her account at age 18 plus another 45 years of compounding interest. As soon as she is old enough...

I've been a Vanguard customer for over 2 decades and I'm inclined to agree. If you look at John Bogle's keynote at Bogleheads convention in 2018, he was still mentally sharp and kept a close eye on the company. Like James Sinegal (former Costco CEO & Co-Founder), even in retirement, nobody...

Buffett has a long and profitable relationship with GEICO. But before Buffett there was Benjamin Graham, who bought 50% of GEICO in 1948 for $712,000. Graham became the chairman of GEICO and by 1972, the investment had grown to $400 million in value. Buffett was rejected by Harvard and opted...

I figured out the issue with accessing the "Excess Removal" form online. For whatever asinine reason, when you click on the link to access the form it dumps you to the "Excess contributions, recharacterizations and Roth conversions" page and by default, there is no form or document displayed...

Going further down the rabbit hole... So the Vanguard Retirement Group could not perform the excess removal until the funds has settled. I had to wait until today to call back and make the excess removal request. The Retirement Group support person filled out an excess removal form and send...

I’m looking for a skinny tall bookcase, 24” wide and 6”-ish deep. The IKEA ones are 9” deep. I remember they used to sell thin bookcase for paperbacks. Please let me know if you’ve seen one for sale somewhere.