Benjo

My thoughts, uncensored.

[Benjo @benjdlc]

All that build up just for it to be an open-ended series?!

#StillShining

[Benjo @benjdlc]

What the heck google? Why did you change the icons of all your apps? I thought my phone was hacked. 😅

[Benjo @benjdlc]

"Even now, they still have no idea about the countless hide & seek games that I have played with them. That's because they have never found me. Hence, I kept on winning again and again. Because they still have not found me. How I wish I could lose just once."
#WhenIFlyTowardsYou

[Benjo @benjdlc]

I hate being dependent on others in the sense that they have to move to solve things but are not doing the things that they are supposed to do. Then bitch about the problem when the answer is glaring in their faces. If I am in that part of the globe, I would have done something.

[Benjo @benjdlc]

The guy is really a loser, but the girl is a talented person being treated like a loser by others.

[Benjo @benjdlc]

"It's something that I cannot understand. But, the adults want me to understand. I cannot help but hate him."

It's a line from a drama with a way different context than what's happening in the world, but if you think of it, it's the same for the kids suffering.

[Benjo @benjdlc]

Dunno if they use it in that sense in Korea, but when I heard "EKG has returned."

I thought, "Porke? Ya saka el otro unit?" 🤣

#PhantomLawyer

[Paula Pant @AffordAnything]

"where do i put my money?"

Imagine a variety of glassware: coffee mugs, champagne flutes, martini glasses, wine glasses, shot glasses, plastic red Solo cups.
​
These represent your various accounts: 401k, IRA, HSA, taxable brokerage, checking, and savings.
​
Then there's the actual drink: coffee, tea, champagne, vodka, wine, water, milk, juice.

These represent the assets inside of the accounts -- cash, CDs, index funds, mutual funds, individual stocks.
​
There are certain assets that are typically held inside certain accounts -- champagne normally goes in a champagne flute. This is called "asset location."

There are certain best practices when it comes to asset location -- e.g., small-cap funds in a Roth account -- but it's not a requirement. You could theoretically drink champagne out of a coffee mug if you wanted to.
​
I sometimes talk to beginners who say things like, "Well, I don't trust the market, so I'm not going to open a 401k."

This is the analogy I use to explain what they're misunderstanding.

The 401k is not the market. The 401k is just the coffee mug.

If you don't trust the market, you could still open a 401k, get the employer match, and hold bonds or even cash.

(I wouldn't recommend that as a long-term investment strategy. But getting the employer match is better than not getting it, so its a solid first step.)

I'll also talk to beginners who say, "Well, I'm excited about trading and crypto, so I'm going to open a Robinhood account."

And I’m like, "Cool, do you have a Roth IRA?"

And they say, "No, that’s boring."

But they can hold individual stocks and crypto ETFs inside a Roth IRA if they want to. (Again, I’d be cautious about too much of that as a long-term strategy -- but it's an option.)

The point is not to conflate the container with what's inside it.

So when you're asking "where do i put my money?" you’re really making two separate decisions:

(1) which account to use, and

(2) what to invest in inside that account.

[Benjo @benjdlc]

It's amazing how people of different generations think. People from older generations blame you or gaslight you into thinking that you can do better in that situation, younger ones bluntly reflect the situation back to the person who started it.

[Benjo @benjdlc]

At some point, old people should not lead this country nor create laws. If we have a dementia scare every time we elect an old person in office, then we should start rethinking our voting choices... if we still have it at the end of this farce.

[Benjo @benjdlc]

Well, this is awkward... I don't really wanna mix my private life with work, patients contacting me on social media is not really my cup of tea. 😅

[Benjo @benjdlc]

What I like about Maribank is the daily interest credit... it makes you want to add more to it. 😅

[Benjo @benjdlc]

Not really keen on paying the HOA fee if the property manager is not even trying to fast track our return to our respective units. What's the point of paying if I am not even using the utilities that I am supposed to pay for?

[Karen Davila @iamkarendavila]

A congressman. A representative of the people. Paid by the people. A husband, a father with daughters.

Without the consciousness, knowledge or decency of how women should be talked about. Please keep your sick thoughts to yourself.

More than striking his comments off the record, he should apologize.

Women’s Month pa talaga. 🇺🇳

[Benjo @benjdlc]

"Iran war is part of God's plan." And "Trump is annointed by God." Dude... how blasphemous can you be to justify this nonsensical war? And I don't think God would allow you to bomb a school full of children...

[Benjo @benjdlc]

And if the excuse of them creating "jobs" being the reason why you support their lifestyle, read the previous sentence again.

[Benjo @benjdlc]

If electing capitalists has not changed status quo, why not give socialists a chance? Nothing trickled down in the last few decades so why not destroy the obstacles that are causing "the trickle"?

[Benjo @benjdlc]

Cause it's funny that you judge people from the same social class as having "better cars" than you do without contributing to society, but keep a blind eye to the benefits the billionaires have while allowing their workers to work 3 jobs and still not afford healthcare and rent.

[Benjo @benjdlc]

It's like you're riddled with HIV but the immune system that's supposed to fight it is compromised. What's the point of being elected as checks and balances when you don't even do anything?

[Benjo @benjdlc]

It's nice how Viki uses the right pinyin keyboard characters for Chinese terms, but for people who do not know it, they won't be able to pronounce Lvcheng... 🤣