• 0 Posts
  • 214 Comments
Joined 1 year ago
cake
Cake day: June 15th, 2023

help-circle

  • Maybe. US history is full of crazy fucked up shit that the nation has made its way through thus far. This kind of situation hasn’t really happened in the US before though, and historically these kinds of situations do not work out well. We are past the point of no return in that the status quo Washington Consensus or whatever you want to call the previous era is gone now, whatever is coming is something new and different and the US role and position in the world are never going back to what they were before. Really I would say this process started with Bush II but there is no reversing it now that Trump has won a convincing electoral victory. Whether we’re past the point of no return for the US constitutional order isn’t really clear yet but it’s not looking good.


  • The internet doesn’t really live up to its reputation in that regard. There’s all kinds of things that never end up on the web, or if they do its so obscure you won’t find it unless you know where it is already. If someone has an obituary in a random little newspaper you’ve never heard of in a town you might not associate with the person who died because they lived in your city for decades, and that town is on the other side of the country, even if that obituary does get indexed it’s not an easy find unless they have a very unique name. I have a friend who moved less than 50 miles away a few years ago and I found out he died earlier this year, I’ve never been able to find his obituary. There may not even be one, and if there is it could be published in any number of different places because he lived in a lot of different places. I think most of the people I’ve known who have died haven’t had an obituary at all, or if they did I wasn’t aware of it. It costs money to get them published and I don’t think it’s a priority for a lot of people after someone has died. Even if they do get published they aren’t always easy to find. This is in the US at least, maybe things are different in other countries.












  • That is the downside, FZROX is only available to Fidelity customers. There’s also a potential risk it won’t track total market performance as well as predicted because one of the ways they keep the expense ratio at zero is by only purchasing what is supposed to be an equivalent subset of the total market to keep their transaction costs down. I don’t remember the specifics but I think they leave out lots of tiny companies and its not a significant risk because they couldn’t actually move the needle one way or the other.


  • If you have an account with Fidelity, FZROX should be a better choice than VTI. Unless you enjoy investing or want to really get into it, either do a target date fund for the easiest and lowest risk, or a total market fund like VTI, or an S&P500 fund like VOO. You really don’t need to overcomplicate beyond that, except to potentially start buying bonds when you are nearing retirement if you didn’t choose a target date fund.