WoV stock portfolio

When I was in college, my SS check was deposited on the 3rd of each month, as was everyone else's. Now they use a staggered system. My birthday is the 5th of the month, and I'll get my January check on Jan 14th. It must be tough for people who count on the checks to pay their rent.

Quote: billryan

When I was in college, my SS check was deposited on the 3rd of each month, as was everyone else's. Now they use a staggered system. My birthday is the 5th of the month, and I'll get my January check on Jan 14th. It must be tough for people who count on the checks to pay their rent.
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Huh? Your rent is due on the 1st and you get your check on the 14th……. You need someone to help you put that money into a checking account and have it sit there a whole 16 days without it somehow disappearing?

As long as I know what date my SS check comes, I can figure out how to use it for my mortgage. It’s not rocket science.

You and I don't depend on their SS check to pay rent, but roughly 40% of SS recipients have little to no other income. When you live check to check and hand to mouth, getting a January check on the 21st must be burdensome. Some people's SS is a rounding error on their yearly income; others would starve without it.

Vanguard is recommending a very different investment strategy for 2026.
They switch the old 60-40 mix to the opposite-40-60
They recommend :
20% Domestic stocks
20% Foreign stock
60% Fixed income.

If everyone follows the advice and sells a third of their stocks......

Quote: billryan

Vanguard is recommending a very different investment strategy for 2026.
They switch the old 60-40 mix to the opposite-40-60
They recommend :
20% Domestic stocks
20% Foreign stock
60% Fixed income.

If everyone follows the advice and sells a third of their stocks......
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Th only sure fire investment strategy is to do the opposite of DRich.

This one stings a bit.

Q: What's another term for a long-term investment?
A: A failed short-term investment.