Well call it a triple whammy of blessings but I got my deferred compensation funds in one giant lump sum. I was dreading getting this money because it will push me into a higher tax bracket and I honestly don’t know what to do with all the cash anymore. The stock market is over-valued, housing is too expensive, the economy seems to be in a recession and I can’t just keep buying municipal bonds.
I got laid off at the end of May, got a severance package, got unemployment funds, got my deferred compensation and ended up starting a new high paying job which limits me from my 401k until January. The only thing missing now is winning the lottery.
I will probably end up buying *some* municipal bonds and I’ve already had AI in the boxing ring trying to figure it out for me.
I will be giving out lots of cash this Christmas to family and friends, hoping they take me up on my offer and buy shares and get into investing.
One of the things I am splurging on with the money is investment tools and subscriptions. I’ve signed up to a couple of new services including Gemini Pro, Bar Chart, N8N, and will keep ChatGPT all to help me make more money and manage my risk.
If you’re struggling out there, don’t worry, having too much money will cause you worry as well.
Share The Wealth
Lots of people have money problems, what’s the best way to deal with them? Let me know in the comments below.