<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Love's Sweet Words: 'Rebalance My Portfolio'

Love's Sweet Words: 'Rebalance My Portfolio'

December 30th, 2006 at 05:01 am

My spouse does not watch his 401(k) balance too often. When he asked me for help with asset allocation I thought I would swoon with delight and pride. I won't go into excruciating detail: I'll just say that, left unchecked for a few years, 67% of his portfolio went to large capitalization funds (!!!) and 9% was in bonds.

I advised him to be more equitable and conservative with his asset allocation categories -- he moved his percentages, double digits in most cases to index funds, and distributed 5% to "Stocks Gone Wild": Science & Technology.

I am breathing a little easier about possibly going into debt next year.
--------------------------------
My Schizoid Budgeting Style

* SpongeBob [my husband looked over my shoulder and said 'THAT'S ME! I AM SPONGEBOB!']: "WAIT! DON'T TELL ME!! You want me to run down to the store and buy Mrs. Puff something she doesn't need! Then you want me to run back here so you could say" (imitates Mr. Krabs and looks likes Mr. Krabs with the eyes), "'Arr SpongeBob, you're spending all me money!'. Then I'll say 'But Mr. Krabs, I'm only doing what YOU SAID!!!!!!'. Then you'll say we're not talking about this" (SpongeBob draws a square in the air with his fingers), "or this" (draws a triangle in the air with his fingers and starts to get frustrated), "WE'RE TALKING ABOUT THIS!!!!!!!!!!!!!" (He draws scribbles all over the screen until the whole screen is black).

Mr. Krabs [uh, me?]: But I really need this! (spongebob runs down and buy Mr. Krabs the item, and runs back)

Mr Krabs: YOU'RE SPENDING ALL ME MONEY SPONGEBOB!

Spongebob: But I'm only doing what you told me to!

Mr. Krabs: Well I can't help it, if you're loose with other people's money.
--------------
Gee, I wonder why my husband runs away when it's time for our monthly Finance Chat.

Posted in | 5 Comments »

5 Responses to “Love's Sweet Words: 'Rebalance My Portfolio'”

  1. PRICEPLUS Says:
    December 30th, 2006 at 06:41 am 1167460913
    1167460913

    Is Patrick or Squidward involved in this process? What about Sandy?Big Grin

  2. paulettegoddard Says:
    December 30th, 2006 at 04:57 pm 1167497869
    1167497869

    Before SpongeBob bored my kid (SBSP amuses the heck out of the adults in this house), Pops was Squidward ("everyone is an idiot, except for me."), I was Mr. Krabs and the wee boyo was SB. My boy would bring me some coin he found and said "this is for you, Mr. Krabs!" ah, sweet memories of youth! Patrick was usually my kid's best friend. No Sandy on the horizon.

  3. Broken Arrow Says:
    January 1st, 2007 at 03:14 am 1167621257
    1167621257

    HEHEHE! I love SpongeBob Squarepants. Without a doubt one of the funniest cartoons I have ever seen. In fact, one of my aliases elsewhere is named after Mr. Krabs. Rather appropriate, don't you think? Big Grin

    As for swooning over balancing 401k... I need to find a woman like that. That's just too cool. Big Grin

  4. paulettegoddard Says:
    January 2nd, 2007 at 04:10 am 1167711051
    1167711051

    Heh.. Mr. Krabs is the one to be, especially on SavingAdvice.com!

  5. baselle Says:
    January 3rd, 2007 at 04:30 am 1167798642
    1167798642

    Yeah, and I bet Mr Krabs rebalances his portfolio every so often. Smile

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]