GTD for Investing like GTD for Productivity?

[gtdstudente]

@gtdstudente So… Mr. Buffett is a tax collector. Clever!

@TesTeq

Very astute observation . . . Buffet's appropriately engaged in receiving income from the Private Sector (Private and Public Corporations) and the Public Sector (Interest payments by U.S. Treasury for deficit expenditures of the U.S. Congress on behalf of U.S. Taxpayers' first five months of income)

 

[gtdstudente]

Where GTD and the fiscal markets intersect: Capturenomics?

 

[mcogilvie]

This is true but GTD is a great method and I am crowdsourcing to see if anyone has good methods towards investing, one of my areas of focus.

It’s mostly straightforward, at least in the US for those fortunate enough to have disposable income:

• Are you debt-free except for monthly credit card bills paid in full every month and possibly a home mortgage? If not, pay down your debt.
• Do you have appropriate insurance to mitigate catastrophic risk? Health insurance and possibly life insurance if you have a family. If you don’t have emergency savings of around 6 months net income, save towards that.
• Take advantage of any tax-deferred savings available to you, and especially any employer matching towards retirement. It’s free money.
• Invest every month in a simple, balanced portfolio of low-cost ETF funds. Rebalance a few times a year.
• The hard part is staying far away from scams, fraud, fads, stupid ideas, and get-rich-quick schemes. Stay far away from anything that seems too good to be true. Never invest in something you don’t understand. Keep a cool head in market downturns. Don’t buy high and sell low. Be patient over years and even decades.
• Money is just a tool and a marker for status. By itself, it won’t make you happy, but you can be miserable without it.

 

[MakaiFoster]

I’ve started using a tool that combines a little bit of GTD-style organization with trading—it's called Apex Trader Funding. It’s not exactly a "financial peace inbox," but it has really helped me get a better sense of control over my trades without feeling overwhelmed. I found a **92% OFF Apex Trader Funding Coupon Code** recently, which made it easier to try out. It’s been more about slow and steady gains rather than huge weekly returns, but I feel more organized, which helps me stress less about money. If you’re interested, I think the Apex Trader Funding Discount Code could be worth checking out—just my two cents! Still, I think the key is finding something that works for *you*, just like GTD does for productivity. There's no magic bullet for fast returns, but having a system in place definitely helps give that sense of peace over time.

 

[gtdstudente]

I can totally relate to where you’re coming from—I’m a huge fan of GTD too, and I love the sense of peace that comes from knowing everything is in its right place. When it comes to investing, though, it can feel like a whole other beast! I’m pretty new to this forum, but I’ve been exploring different strategies and recently came across something like what you're looking for: a system that helps manage investments more effectively.

@MakaiFoster

Very resonating: "I love the sense of peace that comes from knowing everything is in its right place"

Sounds good: "a system that helps manage investments more effectively."

As such . . . includes everything going to "its right place" after one's passing through an appropriate strategic estate plan preparations for 'stupid-proof' execution as part of one's 'investment system' ?

Thank you very much

As you see GTD fit. . . .

 

[fooddude]

Hello. I believe that I have become a master of productivity with the GTD method but I don't know a darn thing about investing. GTD promises to be a system that helps clear the mind, reduce stress and accomplish more. Is there something similar for investing or is it just too fragmented. The best I know is from Dave Ramsey and it did motivate me to get out of debt which I accomplished but I have not learned about making money fast, like GTD promises to clutter your life by quickly putting everything in a inbox and having the weekly review. Is there a financial peace inbox that promises huge returns every week without much effort. I don't have a lot of money and having trouble getting the work I had before Covid. I am just interested in a system that will help me invest and have that peace I get with GTD that my money is were it needs to be at every minute of my life. Thank you!

I've taught FPU for 26 years. Baby step 7. The plan works every time. Just work the plan. What baby step are you on? $100 per month in mutual funds at 12% from age 30 to 65 is over $1 million.

 

[mcogilvie]

I've taught FPU for 26 years. Baby step 7. The plan works every time. Just work the plan. What baby step are you on? $100 per month in mutual funds at 12% from age 30 to 65 is over $1 million.

I hate to tell you this, but it’s not over $1 million. It’s between $550,000 and $650,000, depending on whether you compound annually or monthly. Also, the average total market return over the last 30 years is a bit under 11%, before correcting for inflation. You can get that from an index fund. A typical mutual fund does not do as well, especially if it has a load.

 

[fooddude]

I hate to tell you this, but it’s not over $1 million. It’s between $550,000 and $650,000, depending on whether you compound annually or monthly. Also, the average total market return over the last 30 years is a bit under 11%, before correcting for inflation. You can get that from an index fund. A typical mutual fund does not do as well, especially if it has a load.

Sorry you're right he uses 25 -65. I was quoting from memory. Is $1,176,000. You are correct it's just math. Actually my return has been about 13% over the last 25 years. I have several funds that have been at 14% for 10 years. The most important thing consistency.