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Started By
Message
Buffett on retirement for his wife
Posted on 3/7/14 at 12:39 am
Posted on 3/7/14 at 12:39 am
I believe WB is 82 years old.
He has the following set up for his wife (16 years younger) when he departs:
10% in short term bonds (VFSTX??) and 90% in Vanguard 500 fund (VFIAX).
Looks too aggressive to me.
He has the following set up for his wife (16 years younger) when he departs:
10% in short term bonds (VFSTX??) and 90% in Vanguard 500 fund (VFIAX).
Looks too aggressive to me.
Posted on 3/7/14 at 12:46 am to matthew25
quote:
Looks too aggressive to me.
Not when its that much money.
Posted on 3/7/14 at 7:06 am to matthew25
quote:
Looks too aggressive to me.
Well, let's look at your track record vs his and then we'll declare a winner.
Posted on 3/7/14 at 7:23 am to matthew25
Warren needs to take investment advice from this board.
Posted on 3/7/14 at 7:26 am to LSURussian
quote:
Warren needs to take investment advice from this board.
No shite...
Russian, drop some knowledge on this fool
Posted on 3/7/14 at 7:27 am to matthew25
I think her plan was a little less aggressive than you suggest.
1. Marry Warren Buffet
2. ???
3. Profit
1. Marry Warren Buffet
2. ???
3. Profit
Posted on 3/7/14 at 8:09 am to LSURussian
quote:
Warren needs to take investment advice from this board.
Marijuana penny stocks?
Posted on 3/7/14 at 8:34 am to htownjeep
I thought that he donated all his money to a foundation?
Posted on 3/7/14 at 8:44 am to Traffic Circle
quote:Not all of it. He pledged to give something like 90% of his Berkshire stock to the Bill and Melinda Gates Foundation.
I thought that he donated all his money to a foundation?
Of course, keeping only 10% meant he still had a few billion dollars left over.
Posted on 3/7/14 at 8:44 am to Traffic Circle
quote:
I thought that he donated all his money to a foundation?
Not all of it, but a sizeable chunk.
I remember him making a quote about leaving an inheritance to his children and grandchildren, "Leave them enough so that they can do anything, but not enough so they can do nothing".
Posted on 3/7/14 at 8:55 am to Vols&Shaft83
Wonder what kind of bonds
Posted on 3/7/14 at 2:38 pm to Ace Midnight
quote:
I think her plan was a little less aggressive than you suggest.
1. Marry Warren Buffet
Hell, I'd marry him.
Posted on 3/7/14 at 3:18 pm to matthew25
He needs to diversify with some Bitcoin investments, IMO.
Posted on 3/7/14 at 3:38 pm to Mo Jeaux
It appears Buffett has not been including TD in his daily readings. He has obviously been misled about bitcoins.
LINK
quote:
5. Bitcoin isn't a solid, long-term investment. "It's not a currency. It does not meet the test of a currency. I wouldn't be surprised if it's not around in 10 or 20 years. ... It is not a durable means of exchange. It's not a store of value. ... It's been a speculative -- a very speculative -- kind of Buck Rogers-type thing," Buffett said on CNBC.
LINK
Posted on 3/7/14 at 3:59 pm to RickAstley
Never understood why Buffet did not invest in Chicken and TD- the information on this board is priceless
Posted on 3/7/14 at 11:05 pm to 756
Remember what happened to WB's first wife?
Susan left him and said for him to marry their housekeeper, Astrid.
Susan left him and said for him to marry their housekeeper, Astrid.
Posted on 3/9/14 at 8:37 am to matthew25
quote:
matthew25
quote:
Buffett on retirement for his wife I believe WB is 82 years old. He has the following set up for his wife (16 years younger) when he departs: 10% in short term bonds (VFSTX??) and 90% in Vanguard 500 fund (VFIAX). Looks too aggressive to me.
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