/biz/ - Business & Finance

Another day. Realized I fucked up. I bought the wrong fund (SCHD). The one I wanted was SWPPX. So I fixed that today. Why? Well divvy compounding is all well and good. But once I retire my 401k gets set adrift as it were. No more contributions. So that leaves a gap from age 54 to I turn 70 (S.S/401k RMD). Gotta do something to "fill it". Enter SWPPX. Now if I started it at 54 that'd be only 16 years, what fucking good would that do? So that's why I'm starting it now. Went from 16 to 30 years of growing. The dirty secret; I don't need to do this. My pension will cover all. But I can't exactly leave green just sitting in the bank now can I? Anyway I'd rather have a shat pot of excess green growing fatter by the year than sitting in a bank drawing uh maybe 3%? or whatever my primary bank forks out. My emergency fund is well on the way to being fat already and forks out 4.22% so I don't need to do anything else with that. Getting ready to drop another debt bomb payment to. $7500. Plenty of time before the zero interest period expires.

Another day. Another day of people going "Ah We're Fucked Now For Sure!", "abandon all hope!" etc, etc. Meanwhile I just keep collecting divvy income and rolling on doing uh "Nothing" for 8hrs a day. (Also Biden gave another few billion away in college debt forgiveness; Gee where's my puny check for $12,000 so I can pay off my C.C debt?