Finance is a hard problem. There’s no easy universal answer to “what should I do with my money”—the answer is it depends.
Is there a short list of fairly unrelated components that cover almost all of what it depends on?
Off the cuff, I’d guess:
Expected per-time income and expenditures—their approximate distributions (mean, variance, and shape?)
Current stored value—its expected change over time and the variance of that change
How much you care about beings in the future, especially those that will think of you as their past self
Where the major changes in your dUtility(expenditures per-time)/dExpenditures occur
The mean and variance and shape of what things you’re thinking about doing with what portions of your money
Tax, and I don’t know what to think about this
Any other broad category of consideration that I missed, or consolidation/elimination of those I listed?
Is there a short list of fairly unrelated components that cover almost all of what it depends on?
Off the cuff, I’d guess:
Expected per-time income and expenditures—their approximate distributions (mean, variance, and shape?)
Current stored value—its expected change over time and the variance of that change
How much you care about beings in the future, especially those that will think of you as their past self
Where the major changes in your dUtility(expenditures per-time)/dExpenditures occur
The mean and variance and shape of what things you’re thinking about doing with what portions of your money
Tax, and I don’t know what to think about this
Any other broad category of consideration that I missed, or consolidation/elimination of those I listed?