*If you're investing in market index funds, you don't need an advisor.*

Yes, but who has the discipline?  And if the market tanks then what?

On Fri, Jan 1, 2021 at 3:44 PM Jim Cathey via Mercedes <
mercedes@okiebenz.com> wrote:

> Even 6-12mo slush fund wouldn't have worked for me.  Without a mortgage
> (or rent), though, even
> a fairly modest fund can stretch out well.  IIRC, the two biggest expenses
> are mortgage, followed
> by health insurance premiums.  Those keep draining funds at a fixed (and
> high) rate no matter what.
> Everything else you can push back on.  Stop going out, learn to cook more,
> take better care of your
> wardrobe, read instead of going to shows, wear more sweaters and turn down
> the heat, etc.  You can,
> of course, let the health insurance go too, but that's a big gamble.
> Fairly dangerous.
>
> -- Jim
>
>
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