msmerberry

It sounds like they played every card right, and that's probably not by accident. I'd be fascinated to see a case study made out of this - especially with a breakdown of how they performed against their CSIRP - because there's no way they didn't tabletop that plan at some point, and it paid off in the end. Sort of like insurance, eh?

Right? I saw the line above about giving away taxpayer money. Um...no, only in that while the money originated from taxes, it actually paid to hedge against risk (and the cost of insuring up to 400k is probably significantly less than that amount - what are we talking, several thousand dollars a year MAX of taxpayer money? Worth it!)

Yup that's what I came here to say. It might have been easier to take a higher insurance premium and let it pay the ransom than to do a restore exercise. Either way, bravo.

I too struggle with this. I think your question is very on-point. I don't live very near family, so our dual-income house is very focused on balancing two adults' work and personal lives with kids' needs, and honestly it often comes out to the parents' detriment.

I wish there were more of a movement to re-create some of the 'it takes a village' mentality - not least because I'm selfish enough to want things for myself as an individual, not just a parent.

Also, holynet due to the connotation, in English, was about to make me run for the hills.

Love the idea, agree the messaging could benefit from some tweaking.

ADHD, anxiety, and part of the big deal has been for me that I'm not unusual. There are lots of me. Safe space is very alluring - also agree that internet safety is KEY.

whoops failed on Chrome / Win 10

nice idea though

Right, assume everything is up 8% from where it is today, 3 years from today. The reality may be lower than higher, but unless you're taking on a ton of risk, you have an excellent chance at having more than you did today.

Definitely came to mind when reading that. I was a Ford brat, and the husband and I bought when stock was down around the $2 mark. We've made a considerable amount.

I just finished reading a book about the life of Laura Ingalls Wilder, who lived through something like 6 different depressions. Given the historic rates of inflation, innovation, and globalization, I don't really think the stock market is a bad bet IF you're willing and able to play the long game. The 20-30 years game. Get more conservative as you get older. Yes, still possible to get screwed, but it's one of many ways to keep options open.

Same. I actually wrote the Ask A Manager site to see if I was being rude by just blocking people I don't know - if that had the potential to cost me down the road. Her response was that they expect that, so I feel free to use LinkedIn less as a social media site and more a living rolodex.