I hear it's addictive. My brother started off as a trader then flew up the ladder. Wharton and that sort of nonsense. Dad treats the market like I do the betting lines on football.
It's good to know that everyone is well provided for. I'm the black/poor sheep of an affluent family. So is my wife. Can't complain though.
Agreed, being around an hours drive from sticking my feet in the Gulf and about double that from coffee and beignets at Du Monde, I think I'm right where any sane person should want to be, though we do get the odd cold snaps and less frequent snow in winter. And by less frequent I mean, of course, a bit like hurricanes and no more warmly greeted on the whole.
I actually enjoy cold weather.
Money is not everything, as you well know. When you have it, then speeding a half a mil on a place in Naples might make sense? :idunno:
Here is my problem, I grew y=up with well off but very tight farm parents. They went through the depression, so, I was raised like I was poor, and had to hunt rabbits and kept pigs. I never felt good spending money, so, my job, psychologist, was still civil service pay, but I liked the same as I was raised, so did Bob, who came from a Texas Ranch family.
We always saved and I used knowing what very smart egghead young people knew would be the future. They like Apple and I bought into the company, so is the same with the rest of the story.
It is not so much I hate the cold as much as it makes me sick. I do not see living much longer thorough winter months, and Naples seems the only way to live past this age.
As to trading stocks; when an old woman trades against the best minded 50-year old brains, it means she is over the hill. Man too. I am getting out after January 2018!
Best to just go long with have some S&P 500, or Total Stock Market fund and for bonds, it was best to have bought individual bonds, live off the interest and allow them to mature. This is what I spend.
As to bond funds, funds like DODIX, and BCOIX are better than the Vanguard Total Bond Market, no mater what those bogleheads may think!