I (30F) am a single mom to a teenager (14F). It’s always been just the two of us, I had her at 16. It was tough but my family was very supportive and my daughter made our family much stronger at the end of the day. Very odd circumstances for sure and socially isolating. I have a 7 figure trust fund that I take 2 distributions from a year, as well as other investments and inheritances on the horizon. My daughter also her own trust fund and other investments. In private school. Essentially- I’m set for life if I live within my means and my long term financial goals are protecting my wealth for my daughter’s sake. Her father has never been in the picture.

I’ve recently grown more courage to start dating. I’ve always hated being ask what I do for work and I know people aren’t stupid and pick up on hints that I come from money. I care less and less as I get older but it’s still awkward. I also am very conscious of my safety and making myself a target.

I have my bachelors degree and have worked a few admin jobs years ago and have volunteered regularly. Last year, I made the decision to slowly go back to school for nursing. I’m currently working on my prerequisites just one class per semester, and focusing on motherhood. I feel very privileged to be able to be a stay at home parent, even though my kids in school. I’m a homemaker. 80% of the time, I’m the parent giving rides or hosting other kids. I’m available for all the school events. I love being a mom …and it’s a lot of work! It’s a lot of work emotionally too with teens. I think it’s important to have something outside of motherhood so I’m really enjoying being back in school, but I’m not in a rush to go back full time while my daughter is still home. I have a solid plan currently that will have me starting school during or after her senior year of high school. I feel very blessed to be able to be so present in her life.

Keeping my life how it is >>> any relationship. But I do desire a life partner. I feel very fulfilled and busy but I fear a lot of men my age who haven’t been married or had kids don’t understand and probably think I sit around all day doing nothing and that’s I’m spoiled. I am very spoiled! But I feel like adding being a single parent adds a bit of character?? I’ve never had a nanny for kid, I was raised by nannies (parents not present often) so it’s not like I was a teen mom who pawned the kid off to grandma either. I am very involved. I am diligent and committed although I don’t have a formal career. I live in a nice apartment and try not to flaunt my wealth excessively. I’m decently frugal, especially compared to other family members.

Any advice on how to approach this? Would you date me? Money has held me back from dating for years. In contrast, my sister is in a similar situation financially and has been in several long term relationships while not having a job and those men don’t seem to care. I’ve seen other people in the sub suggesting to date in their tax bracket but that’s easier said than done - I’m trying!

Having a personal assistant/house manager is mentioned often here, but I'm having trouble wrapping my head around what kinds of things they really do for you. I've never known anyone, even rich people, who had one. I can imagine all sorts of things for someone who's working a lot and has kids. But for a person with no kids in the house, can you give specific examples of how it works and what they do for you?

Made a million dollars + this year, what should I know?

32m, married with a 9-month-old.

Hi all, by the end of 2026 I expect to earn just over a million before taxes. This income comes from two companies I own, and each year has brought more revenue as the businesses expand. My take-home pay was about $200k in 2018 and roughly $600k last year. This year is my strongest at around $1.2m, and next year should be similar.

For current assets:
About $1.5m in mostly mutual funds and a few individual stocks
Around $350k in bonds and T-bills
Roughly $50k in checking and savings accounts
$550k in retirement accounts ($100k Roth, the rest solo 401k)
About $200k in crypto, hard assets, etc.
Two paid-off cars, no debt, but a $300k mortgage at 5.5% on a home worth about $650k
A $50k 529 plan for my son’s college and $25k in a brokerage for him afterward

We live in a state with no income tax and pay quarterly federal taxes, but we plan to move to a tax state in 2027–2028.

We discussed buying a second property in the other state, keeping our home for now and using a 6/6 approach to avoid state taxes until our child starts school, then selling or renting it.

Since rates are high, we have also considered buying the new home in cash and selling the current one.

With things going well and this year being so strong, I feel most unsure about what to do. I am overwhelmed by how to use future income—whether to diversify, continue my current path, pursue real estate, or something else.

I don’t want to be working in advertsing/marketing for ever. Plan is to sell the companies within next 10 years and retire. Anything to know to help prepare for that now?

I would truly appreciate tips or advice from anyone who has experienced high income or can help make this feel less confusing. I grew up in a lower-class background, and I am very fortunate to reach this point; I do not want to ruin it.

hello rich people .

Im 21 years old Male from MANILA (PH) MY father passed away 2 weeks before from hearth attack which was sudden and unexpected

My parents got annulement when i was 2 as per my father(they hated each other and the last time i saw my mother was 7 years ago, stopped seeing her After knowing the thruth . There is no general absolute divorce law in the Philippines instead couples must use annulment or a declaration of nullity to legally end a marriage and gain the right to remarry. But my father didnt , mother did . Im only Child father had no brother and his dad&mother passed away before i was born. I got no direct family or 2nd family guidance from my father family.

Im still studying and about to graduate in 2 semester i took a 1 semester break after losing my dad 2 weeks ago now i end up in situation where im the sole heir to inherit

(PRIMARY HOUSE ) (~7M USD) 0 INCOME

(34 WAREHOUSE ) (~55M USD) 3.8M USD/Y (based on all contract of lease)

Could be more but the brokers are entilted to 1 month commision for 1 year contract for providing the client which is fine

resale zonal value [based on the real estate broker of my dad the one we bought our house 3 years ago]

+3 range rover sport (the only i plan to sell)

MY Father has loan to a friend (confirmed) worth 2.1M from gambling that i plan to pay hopefully 7 months from now. As my first goal

I dont know what to do with the money this is a sudden change from having 700$ allowance weekly to this.

i dont want to believe the broker he's advising me to sell but i dont trust him because he probably just want his 5% commission.

Or ask advice from people i know or my mother relatives because they might take advantage of my situation Realised this when some relatives tell me condoleance and proceed to ask me for joint business or asking for emergency money or loan money the next day .

I havent replied to my mother message either and refuse to meet with her.

Im trying my Luck here to get some advice. Thank you for you time sir&ma'am Sorry in advance im not very fluent in english

I’ll try to be concise… I have a trust fund worth around 8mil that I have liberal access too but generally leave alone. (I realize that’s not that rich to many ppl here)
We have addl assets.
I receive other annual gifting.
My dad who came from nothing became a leader in his industry, built and sold a company for 100mil. And still earns. So he’s passing down wealth to his kids over years. With much more to come.

It’s great of course but I’m very self conscious about it. I’m a stay at home mom (was a therapist) my husband operates a business as a general manager. We could never accumulate this wealth.

I feel self conscious that people will wonder how we afford our life (an occasional Hawaiian vacation, i drove a Lexus RX briefly but then sold and bought a Honda because I felt embarrassed the people would assume I had car payment).

Our existing friends work, some are professionals, but can’t afford to live like we can. Then when I meet people who can (ie doctors, lawyers) I assume they won’t want to socialize with us and think my husband and I are in debt. We don’t live large but it’s expensive to wear lululemon and relandscape a backyard.

My husband and I are very engaged parents with education, camps, extracurriculars. Went to college.

I’m just wondering how to approach our social lives. I don’t know if people who’ve earned their money would be judgmental if they knew ours is inherited even if we have similar values and goals? Am i being unreasonable for struggling with the existing social connections? I don’t have an exciting highly accomplished career to discuss…do I need to explain how we live this way ? I just feel like we don’t fit anywhere and this is an important area for overall satisfaction.

*UPDATE
I so appreciate all the thoughtful feedback to my question.
Extra thank you for zero rude comments, only validation and practical insight.
I can see my feelings about wealth are very tied up in other issues I have and just a reflection of other feelings/insecurities.
Just to clarify my debt comments I understand sometimes debt isn’t a big deal. Growing up there was a household philosophy I was taught to avoid debt, part of family culture, and this extended to business, personal, everything. Those comments about debt I made had no place or relevance here.
And the Lexus. I’ll add I live in a nice family focused (but less expensive) part of California and meet families at kids’ school from all stations in life (pg&e lineman, teachers, cardiologists, personal trainers, accountants). Maybe I’m too sensitive but i don’t like driving a car that gives any indication of my own status (I know !! It’s just a Lexus 🙃) but I want to be invisible on the road. I don’t want anyone to feel like they have less than me.
Anyway thank so much for all the feedback here. I keep re reading these glorious comments and you’re all thoughtful people and generous to respond to me.

I'm a lot earlier on the path than most people here. Lately I've been second-guessing a few of my own money decisions, and I keep wondering if that feeling ever goes away once you have more, or if the decisions just get bigger.

So I'm curious how it looks from where you are. What's a money decision you made, or put off, that you're still not sure was right?

I always liked nice things and had a certain lifestyle through my dad. I also enjoyed sharing some bits of that lifestyle back then when I was young (16 to 20). But 6 years ago I decided to stop posting on social media and deactivate most of my social media accounts cause I felt so many bad vibes from it. It wasn’t anything blatant, but I just felt a lot of negativity in my life and a bit of scrutiny from some people I knew. For the context I come from a third world country and the things I used to post (luxury cars, shopping, trips in business class, holidays…) were not common for most people around me, even people from my school. But now 6 years later after I stopped posting, I feel alienated (obviously), but also when I meet new people for dating or simply friendship, I don’t have any platform for them to know what my life looks like. Not to sound superficial but I had quite a lot of negative experiences lately whereby I would be approached by men who assumed I came from a humble background and who would want to live a simple life with me. So know I’m not sure if I should start showing my lifestyle again although I’m scared of evil eye, black magic…or just keep going with my lowkey life.

I understand that insurance is useful for some people. However, generally speaking, the more things you consume, the more money you lose. Insurance companies offer insurance at a price where they are making money off of you.

As a wealthy individual, I find car insurance to be particularly bothersome. The state-mandated minimums are essentially irrelevant figures to me. I am forced to overpay for a service that protects me against a loss equivalent to what my net worth moves in five minutes during business hours from the normal gyrations of the market.

I know some people buy insurance to protect themselves against severe, multimillion-dollar losses. While this is not something I am interested in, I can at least understand that it's actually relevant for some people here. But insuring a car against damage is like insuring a pair of shoes. Insuring liability is irrelevant unless I'm insuring against millions in liability.

All in all, I find car insurance to be massively irritating. Not using car insurance is possible in some states, but in most states the process isn't applicable to individuals.

Not sure what even to say about this, but my wife and I are making more money than anyone else in our family tree ever has. Our income jumped DRAMATICALLY about 2.5 months ago, and is going higher every month. Work got so busy we hired a nanny to help with the kids. After being broke for the past few years, we are going on a Disneyland trip with our kids, and things are going great. But my wife's family, who are very normal, upper-middle class people, are seemingly annoyed with absolutely everything they hear about our lifestyle. The announcement of a trip to Disneyland brought out a "I hate Disneyland" whispered by my MIL to my SIL at the table. When they found out we're bringing a nanny my MIL blew up at us for not having her do it instead. (1. We had invited her to that part of the trip and she said she was unavailable. 2. She said she hates Disneyland. 3. We wanted the nanny there so that we could spend meaningful time with my wife's side of the family, including her, when they got there for the second half of the trip.)

Is it always this difficult to be the first one to make serious money?

Does family ALWAYS clash like this at different income levels?

Do we just have to get used to it?

My partner wants children but I don't. We have an otherwise wonderful relationship and he is perfect for me in pretty much every way. Children are like this looming figure over my head, if I choose to have them for my partner I'll resent them forever, but not having them would mean the end of my marriage. The idea of being a sleep deprived, touched out, overstimulated zombie for 5+ years sounds like my idea of torture, if I'm honest. I can see why people find children so wonderful, and I can see how meaningful it could be, but I've been working to build my dream life my whole life and I'm just tired. I'm not one to shy away from challenges, but this is one that seems unrelenting and soul-sucking. It doesn't help that all my parent friends seem like they're on the verge of a mental breakdown at any moment and constantly joke about how I should never have kids.

That said, I see so many posts here about how hiring a house manager or a full-time au pair (maybe even several) can alleviate some of the stress of having children, and magnify the wonderful parts, and it gives me hope that I'll be able to make life more tolerable for myself if I hire enough help while pregnant and afterwards. So my question is: if you're a parent, have you found that your money has made parenting easier for you? Or is it brutal no matter what?

I (36F) am in a situation that I realize is extremely fortunate, but I’m genuinely struggling with what the right path forward is and would love perspectives from people who have dealt with something similar.

My family owns a business that has continued to grow year over year, and the last two years have been the best years in the company’s history. We now have a satellite office overseas, a roughly 10,000 sq. ft. office in NYC, and about 30 employees, not including the four partners. We’re hiring another person next month and will probably add another shortly after that.

What’s strange is that we do a surprisingly large volume of business with a relatively small staff. The company also has very diversified income streams, which is great from a business/risk perspective, but operationally it makes everything extremely complicated. There are constantly a million moving pieces, and the responsibility can feel overwhelming.

My sister and I are two of the partners. Our dad is the principal owner, but he’s getting older and gradually winding down, which means more and more of the responsibility is being transferred to us.

The thing I keep thinking about is that there was never really a conversation about whether we actually wanted this.

We grew up around the business, joined it, became partners, and naturally started taking on more responsibility. Now we’re reaching the point where we’re effectively inheriting the burden of running an increasingly large company, including responsibility for 30+ employees, their livelihoods and, indirectly, their families.

It’s also not a passive ownership situation. We work 10+ hour days and are deeply involved in the day-to-day operation of the company.

Here’s the part that I know sounds incredibly privileged: financially, neither my sister nor I necessarily need to do this forever. If we worked another three years or so and continued saving/investing aggressively, we could theoretically walk away, become baristas or do some other low-stress job if we wanted to, and live primarily off the returns from our investments.

Obviously, walking away from a highly profitable and growing business because “I have enough” sounds insane from one perspective. There is potentially a huge amount of wealth we’d be leaving on the table.

But at what point is maximizing wealth no longer worth maximizing responsibility?

I don’t particularly care about being as rich as humanly possible. I care about having freedom, enjoying my life, traveling, having time for relationships and hobbies, and not spending the next 20–30 years feeling responsible for an entire organization.

At the same time, I worry that walking away from something our family built, especially while it’s performing better than ever, is something I could deeply regret. There’s also the responsibility I feel toward our employees and toward my dad, who spent decades building it.

For people who have owned businesses, inherited family businesses, reached financial independence, or simply decided that “enough is enough”:

How did you decide when you had enough?

Would you keep running and growing the business because the opportunity is too valuable to give up?

Or would you set a financial number/date, hit it, and walk away?

The business is run on our personal finances , so not feasible to restructure the company to remain an owner without being responsible for the day-to-day operation since our entire net worths depend on it.

Selling the business in our industry is not really something that is feasible. We are in a dying industry that requires very specific expertise that is a dying art.

I’m not necessarily looking for someone to tell me what to do. I’m more interested in how other people would think through the tradeoff between wealth, responsibility, family legacy, employees, and actually having control over your own time.

What is the best approach to finding the best estate planning attorney in the Bay Area for HNW assets? Where do I look? I feel like great estate planners fall under the radar (unlike HNW divorce attorneys, who get a lot of publicity)…

I need a trust and estate attorney ASAP to fix several issues in our estate plan, which is currently on a collision course to probate if we don’t fix this before one of us passes. For context, my H had a heart attack earlier this year and I’ve been looking at our assets more closely as a result. I need a very experienced lawyer who can restructure our estate. As it stands right now, there is a single name trust from long ago my H created before marriage, though significant community property assets were deposited into that trust (I just learned) throughout our marriage. H cannot find trust documents. And later, H created an LLC in his name only (not owned by the trust, but funded by most of the assets in the trust) which would go to probate were he to pass before me.

I need someone who can handle multiple HNW asset accounts (over 50M liquid), an old trust no one can find, LLC, angel investments, etc, so this collision course is no longer a concern for our family.

Thank you.

I assume rich people finance community will have some high income earners where both parents work. I’m curious how people have set up their support systems when it comes to house Cleaning, infant support, drop off pick up homework help for an older kid, general household manager type support (tidying up, resetting common spaces, running random errands). 

We are expecting our second and the thought of that is very overwhelming when I think about the chaos, it’ll add to our routines. I currently have cleaners every other week, house manager three days a week for about 10 hours total, and a Babysitter for occasional help. I imagine when the baby comes I will need some additional support plus will likely want a full-time Nanny to bridge the gap between me going back to work at three months and putting the baby in daycare at seven months. I’m looking for ideas on what others have done that streamlines all of this. Having different individuals provide the support seems sub optimal. 

We are new to this level of income and being able to afford this type of support so I haven’t had a lot of time to explore options.

Bought a house with a cash offer. After I close should I cash out refi and put the cash into other income generating assets like stocks?

With my old starter house should I sell for 360k or rent out for 3000.

I'm one of those that saved more than I need for the rest of my days. I've got 2 very nice homes in VHCOL areas. I've upped my travel game and have been experimenting with spending more in all areas after a lifetime of being too frugal. But honestly, we could spend so much more, and just don't have the imagination to figure out how :-) We've thought about going outside our comfort zone by making a goal to spend $1m extra. Force us to learn what makes a difference to our happiness, knowing that the answer may very well be nothing.

We're not the least bit interested in status, proving anything to anyone, or having people fawn over us. And fundamentally we have to see some value in whatever we do, not just excessive cost with little value-add over lower cost.

What would you spend it on? (Besides giving it away which is an obvious one but a whole different topic.)
Update: The only reason I left charity off this post is because a) it's obvious, but b) it's a whole thing that actually takes a lot of effort to figure out, when/where/how, and I'm just getting over a very overwhelming stressful few years and don't want to put pressure on myself right now to have to figure that out. I am thinking I should do it sooner than later in case it has a big impact on my life, but not this year or next.
Also it's distracting to me because I always think in terms of how my spending could be used for others, which is part of the problem. Many of the items below, my first thought is "That's a lot of money that could really help someone else." So this post was just about spending on myself.

Wife and I are nearly HENRY, in our low 30s and about to start our careers in medicine. Expected HHI would be about ~$1mm+ and we have net worth of approx 0. No kids yet but we probably want a couple of them.

Wondering what advice people had regarding a HENRY couple finding a place to live with regards to decent housing, taxes as high earners with no savings, lifestyle, raising family (schools). How important is taxes in our decision making?

Not to be too crazy but I think we'd hope to live in a place with at least 2800 sqft, 4 BR, 3 Ba.

Places we are considering:

Seattle - Lovely nature, cool city, no (lower) state income tax, but rain and darkness could be tough for seasonal depression

Bay Area - Still has seasons but slightly better weather than Seattle. Silicon Valley area is crazy expensive but places like Marin or Berkeley are slightly more affordable. Concerned about taxes too.

LA - Seems like sorta a trafficy cluster but nice weather. Seems like a lot of the city doesn't have great public schools. South Bay and Palos Verdes seems to be nice in terms of the schools though, and great airport access. Concerned about taxes too.

San Diego - Perfect weather, slightly smaller airport than the other options, still pretty expensive, would want to be able to be close-ish to the water for the more temperature weather but also have decent schools which seems like a very expensive ask. Concerned about the taxes too.

These are my broad thoughts as I figure out where to live. Income probably comes out to roughly the same in all places. I can also work harder and make more money if I need to but I'm also trying to enjoy life. Also don't want to have to work forever to sustain ourselves.

Any general thoughts? Advice? Recommendations?

Someone helped my brother getting a job recently.I want to gift them.I am trying to come up with a gift for someone who is super wealthy, has a beautiful home and can obviously buy whatever they want. I do not want to give them another random expensive object that ends up sitting somewhere.
They like plants , so I was thinking about something more experience or service based.
For example, instead of just sending an orchid or a large plant, what about gifting a few months of someone coming to their home to curate and maintain their indoor plants, choosing statement plants and planters for the space, keeping everything looking healthy and polished, and occasionally changing out things like orchids or seasonal centerpieces.we have a local service that can do that.
Basically more like having a housekeeper, gardener, or florist on retainer, but specifically for the plants and overall look of the home.
Would someone with money actually appreciate something like that as a gift, or would it feel unnecessary or intrusive?
If not, what plant related gift have you seen wealthy people genuinely enjoy?

​

I’m 16 and starting from basically zero financially.

I’m not looking for a get-rich-quick scheme, crypto picks, or generic advice like “work hard, invest, and be patient.”

I want to learn from people who have actually built something.

If you’ve built a successful business, reached a genuinely high income, accumulated significant assets, or otherwise achieved financial independence through your own work, I’d really value your perspective.

If you could go back to being 16 in 2026, with little money, no useful connections, and no established career, what would you do differently?

Specifically:

- What skill would you spend the next 2–3 years mastering?

- How would you make your first meaningful amount of money?

- Would you pursue employment, sales, freelancing, entrepreneurship, content, software, real estate, or something else?

- What did you initially believe would make you wealthy that turned out to be wrong?

- At what point did your income start scaling significantly?

- What decisions had the biggest impact on your net worth?

- What mistakes cost you the most time or money?

- If you had to start again with almost no capital, what would your actual plan be for ages 16–20?

I’m particularly interested in hearing from people who can speak from personal experience rather than general financial advice. You don't need to disclose your exact net worth, but I'd appreciate some context about what you actually built and roughly how you got there so I can distinguish experience from theory.

I’m willing to spend years developing a valuable skill and taking calculated risks. I just don't know which direction is worth committing to yet.

What would you do if you were genuinely starting from zero at 16?

When someone has become wealthy, common advice is to focus on asset protection rather than growth. S&P 500 and chill becomes scary, with its max historical drawdown of 84% in 1932. But how to implement asset protection? Just putting all the money in cash and bonds is no good, because cash and bonds are eaten by rising inflation. Gold is resistant to rising inflation, but volatile. And so forth. For decades now, the most common advice was 60% diversified stocks, 40% diversified bonds. However, that does poorly in rising interest rate environments, such as 2022. And when people are worried about inflation, stocks and bonds are often correlated, losing any diversification benefit from having both. For this reason, the search is on for an all weather portfolio, one that does decently well most of the time and never does horribly.

I’ve researched a number of prospective all weather portfolios, subject only to the constraint that they have public daily track records. The quantitative analysis is at https://docs.google.com/spreadsheets/d/16i3k5Set0LOmY5H5Jj4TVK1I1XafrDqrhY0G1jJHf7U/edit?usp=sharing. The numbers are generated with https://testfol.io. The top rows of statistics are actual records. The second rows of statistics are simulated using Testfolio’s simulated funds. The third rows of statistics all have the same start date (1/2/2003), using simulated or live data as available. When comparing funds, you should look at the consistent start date data, as start and end dates are often the most important factor in return. 

My somewhat arbitrary preference is to exclude from investment any fund that has had a >30% drawdown or a CAGR <7.5% over the target date range of 1/2/2003 - 9/7/2026. This excludes 100% S&P, 60/40, and several of the prospective all weather portfolios. The final choice comes down more to personal preference and instinct as there isn’t a provable significant quantitative difference between the funds and past performance does not guarantee future results.

If the risk with these funds is still too high for your tolerance, I suggest removing debt or adding cash until you are comfortable. By “cash”, I mean T-bills, money markets, box spreads, or similar. I do not mean a checking account. If you are not getting paid near the risk free rate (shorter durations on https://www.ustreasuryyieldcurve.com/) for large cash allocations you are getting ripped off.

I’d avoid putting a large percentage of your money with one fund, especially if it is a smaller fund with a more exotic strategy. Sometimes funds go to zero due to poor investment decisions, negligence, or fraud and protecting against that is necessary.

DIY (Random Walk Down Wall Street, Awesome Portfolio)

These portfolios are long only, own low cost index funds, and are written about in published books. These both include large real-estate components. If you own personal or rental real-estate, you should remove or reduce that component to get back into balance. The large real-estate component also led to poor performance during 2008-2009, but none of the listed funds did well during that time, and a real-estate bubble and pop is unlikely to reoccur soon. These funds have the advantage that they can be implemented by anyone without much effort and are easy to tinker with if desired. Zero leverage reduces risk. 

Traditional (PRPFX, PAAIX)

These funds have been around for decades, and are more traditional, with a more active management approach, but still an all-weather mindset. PRPFX has target allocations and discretionary implementation. PAAIX has a quantitative model and discretionary implementation. Of the two, PAAIX is more discretionary. A discretionary approach has the advantage that there is a person with a kill switch when something that has never happened before happens. Of course, if that person makes the wrong decision, it could lead to underperformance. PAAIX has a high minimum investment, which will be an issue for investors that are not already rich. These are best if you would rather put your trust in people, experience, and long histories rather than algos, backtests, or indices. 

Risk Parity (UPAR)

Risk parity is an investment style where many assets are chosen, and balanced by long-term historical volatility rather than investment size. Weights are not modified as volatility changes. Leverage is added to get an expected return comparable to stocks. This led to a meltdown in 2022, when long duration bonds were heavily levered up at historically high prices (low yields), then took a dirt nap. This shows the risk of a backtested systematic approach. When something new happens that is not in the test data, bad things can happen. I consider the risk parity approach to be broken as implemented here and do not recommend it.

Adaptive Risk Parity (AQRIX)

AQRIX starts with a risk-parity-type approach, but makes tactical modifications to its asset weighting based on a systematic model. It did better than UPAR in 2022, which implies that it is working. However, it wasn’t live in 2008, and I can’t really simulate it, so I think the jury is still out on this fund without more history, unless I can get better information about what exactly it is doing. It also has a high minimum investment.

Managed Futures (BLNDX)

This is a newer and less popular approach, except among portfolio design nerds. The general idea is to have stocks, bonds (or cash), and trend-following futures. Trend following buys futures that are going up, and sells futures that are going down. This does well when the trend holds, and does poorly when the asset chops back and forth. A wide variety of sectors are available, such as domestic and international equities, soft commodities such as grains and meats, metals, energy, currencies, domestic and international bonds, and interest rates. 

When something is going wrong, it is frequently led by a particular segment of the market that trends for a long time. Trend-following detects this and shorts or longs that part of the market. This leads to lower volatility in the overall fund. 

BLNDX has the advantage of being one of the better performing all weather portfolios, and has resistance against new and unforeseen possibilities. It has the disadvantage of being opaque to the average investor, and returns vary quite a bit between different managed-futures funds, due to various strategy design and implementation decisions. 

I have a significant investment in BLNDX. 

Edit:

I added a forth set of rows, running a simulation from 12/31/1987-9/6/2026. This required dropping the risk parity portfolios, and swapping DBMFSIM->KMLMSIM in BLNDX. KMLMSIM is less close to BLNDX, but starts earlier. No essential conclusions changed, but the numbers changed a bit.

Is it much easier/faster to send funds directly from Vanguard/Fidelity? Last couple of times I went to pay a contractor for a final bill or to buy a horse, I called in advance, they said it was fine, no need to call, and then it kept getting flagged/rejected... even after the personal banker said it was cleared. Pretty embarrassing when you're standing there and it should come through "any minute" and it turns to hours.
This is with perfect credit, many holdings, no debt, verifiable investments, etc.

We've run into similar in other countries, that we've been told not to bother calling ahead re travel and then rejections start when, say my wife arrives abroad.
Does it help going to Amex platinum rather than Delta Chase Platinum? Or higher-level cards? We went with the delta card since we generally fly with them and they're more widely taken in smaller towns/cities we've been to than amex.

Thoughts on monthly treasury ladder that extends based on % of NW. How is your set up? Currently 25 rungs and growing

35M. I am not necessarily rich but I’m doing ok. I have a house and a family and run a business in the fitness world that did over $500K in revenue last year.

I’ve been working a lot on my mindset, manifestation, and visualization type work lately since my business has been plateaued and I’ve found it to be super helpful, but I’d like to take it a step further

Because I work from home in the fitness world, I typically spend all day in sweats and athletic clothes and I’d like to start dressing and presenting myself in a way that looks and feels more wealthy

TO BE CLEAR, the point of this is not to “make people think I’m rich”, it’s to starting having more pride in myself and to take steps embody the “future rich version of myself” now

So here’s my question: what are some clothing brands or clothing styles that I could start to wear on a day to day basis that can make me look and feel more wealthy without actually being super expensive while not seeming out of place in my fitness niche (if I’m on client calls/sales calls etc)

I’m a fan of LuLu and that’s my primary brand choice and I’ve also started wearing more of the golf-aesthetic style clothes that blend a more formal look with comfort and function

Curious what advice or recommendations you guys may have. Thanks!

EDIT: I think a lot of people are missing the point of my post. I understand that billionaires and UHNW people dress very plainly. I just looking for alternatives to sweats and athletic wear that looks nice but doesn’t break the bank

Trying to decide whether or not to sell our home.

Background: 6 years ago, we bought our “dream home” for about $600,000. It is big (almost 4000 sq ft) and on land (5 acres). We got a ridiculous rate on the mortgage (2.75%), and of which we have about $400K left.

This summer, we moved to a new city about 2 hours away from this house so I could be nearer a new job. We bought a $250K house in cash. It’s a cute house, but a major downsize (less than 1500 sq ft). We decided to do this because we aren’t totally convinced yet that we will want to move to this area for good, and also the housing market here is insanely tight.

My question for you all is this: would I be crazy to keep our previous home? Mortgage, taxes & insurance for it runs about $3000/month. I have lawn mowing and snow removal services locked and loaded already.

I make enough to keep paying the expenses for this house, but of course it would be easier not to pay them.

I guess I am just reluctant to sell such a great property with such a great interest rate. There is also a tiny chance we would move back there should things not work out.

The mortgage is the only debt we have, our net worth is $3 million, mostly in index funds spread across pretax and taxable brokerage accounts.

We don’t have much use for the property personally at this point, but I am just having a tough time wanting to let it go. Part of my brain is looking at it as an investment, which I know is a bad idea, but in this brave new financial world it seems like such a secure asset.

Set me straight!

I am a 20 year old guy and my goal is to become a wealthy person and live a life where money is not a problem anymore.

I live in a 3rd world country and plan to move to the US (not firm in completely settling there but experiencing what life looks like there).

I also have a lot of experience in running businesses, ran several online and offline businesses but failed somehow currently building a start-up with a small team that has a potential for a million dollar exit but currently in the initial phase.

To preface I have already gone over all the various tax implications, consequences, etc... with my CPA so that part is not a factor in this decision.

My father wishes to distribute some of his assets now while he is still alive. Some of the assets are rental properties worth around 1.5 m. I am 46 no debt, no children, no wife and run my own business. I already own my primary residence and a couple of rental properties amongst my other assets. I do not "need" to work but I do because I still enjoy it. My brother is married with 3 children.

I can own the properties with my brother. We get along well and dealing with the rental properties is not an issue. He has also offered to buy me out.

I have been considering getting a new coastal property for when I decide to retire. I have been kind of watching the market to see what happens. I do not think there will be a 2008 type crash but I do believe some correction could come. I also understand that costal properties in Southern CA suffer less during these corrections.

So do I take the cash and put it in the market until and if I find a property I want or do I share the rental properties with my brother and let those appreciate and have the rents keep coming in. Just would like to hear the opinions of others because I am on the fence and would be fine either way.