No. of Recommendations: 1
"Now I'm starting to think about liquidating investments and spending the money. I'm not really sure on what, but seems like we really ought to reward ourselves (or something). "

It sounds like the money is burning a hole in your pocket.

Don't fritter away money on 'stuff' or 'things' until you figure out what you really want to do.

You are still 'young' and have another 30-40 years possibly.

I don't see any bonds or inflation hedges in your portfolio - TIPS or Ibonds or gold. You might be rather lopsided in diversity.

Why go out and buy a big fancy car if you aren't going to feel comfortable in it a few years later, if it really isn't you?

the more 'things' you have, the more hassles you have maintaining them ....

I could 'afford' lots of things. I just really don't want them.

Spending money because you need to 'reward yourself' is nothing put Madison Avenue hype..."you deserve it" type justification for binge spending.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.