Andrew Winters

Trying to just listen.

[Andrew Winters @andrewwinters74]

@DreamDividend @jumpingleaves1 This is much riskier than it sounds. You’re trading away growth (capped upside) for yield, while keeping all the downside. Over a 50-year horizon, this strategy can lead to major principal erosion, not safety.

[Andrew Winters @andrewwinters74]

@ScrantonCapitol @The_Money_Buddy Dangerous advice. That high yield caps your growth. You take on full downside during a crash, but your upside is capped in a rally. Your principal will wither away. If making 30%/yr selling options were safe or possible, everyone would do it.

[Andrew Winters @andrewwinters74]

@TKopelman What about all in VT? Or at least the equities portion.

[Andrew Winters @andrewwinters74]

@zachmelloh26 $1,500 a month is an extremely low number for in-home health care. Maybe that would get them about 10 hours a week of semi-skilled care?

[Andrew Winters @andrewwinters74]

@KurtSupeCPA The biggest sticking point that a lot of people have is deciding who the trustee will be. Professional trustees are very expensive and often have high minimums.

[Andrew Winters @andrewwinters74]

@Your_Aadipurush @FitnessEmpiree That's about 650 calories of peanut butter

[Andrew Winters @andrewwinters74]

@AlTheBoss03 When manute bol blocked four shots in four straight shot attempts in five seconds

[Andrew Winters @andrewwinters74]

@wydsilent Granville Waiters

[Andrew Winters @andrewwinters74]

@_leeescobedo What about Kemba Walker?

[Andrew Winters @andrewwinters74]

@darrelltalksfi 2/The panic is also circularly flawed. Retirees have always held the most wealth in modern history and will very likely continue to do so. Even if a cohort were broke, they represent the ultimate voting block—they’d just force policy expansions.

[Andrew Winters @andrewwinters74]

@darrelltalksfi 1/ Limited perspective because it tracks accounts, not people. It misses multi-job accounts, spousal assets, home/2nd home equity, crypto, taxable brokerages, inheritances, defined pensions, and Social Security. The Fed household net worth tables are far more informative.

[Andrew Winters @andrewwinters74]

@davidcampo_tech Don't forget pole vault

[Andrew Winters @andrewwinters74]

@bb121479 @BarbellFi I mean the widow, sorry

[Andrew Winters @andrewwinters74]

@Lemommeringue I am surprised the New England area is not ahold or Market Basket

[Andrew Winters @andrewwinters74]

@chriswithans If they don't need the cash now a few possible ways to reduce the taxes:
1. Move in: Establish residency for 2 years to get the $250k tax exclusion.
2. 1031 Exchange: Roll the gains into a rental property to defer tax.
3. Hold until death: Give their OWN heirs a fresh step-up.

[Andrew Winters @andrewwinters74]

@chriswithans If they’re Joint Tenants, the Will is irrelevant. The survivor owns the house—and the tax bill—outright. Sharing with siblings is a choice, not a legal requirement. If they do, they can deduct the massive tax hit first.

[Andrew Winters @andrewwinters74]

@realEstateTrent @JBMason The forced partnership issue can easily be resolved by an estate plan that instructs the executor or trustee to sell for fair market value within a reasonable period of time. And then distribute the proceeds.

[Andrew Winters @andrewwinters74]

@realEstateTrent Can you enter into a contract with someone to buy upon their death? Is that binding on the estate?

[Andrew Winters @andrewwinters74]

@DDrolapas Sounds like they probably just want the model lease for when it will be rented?