At some point in the near future the federal government will probably be throwing out some helicopter money to try and keep the economy humming along. If you're in this forum, there's a fairly good chance that you're doing well financially and this money will not really be necessary. Therefore, I challenge everyone to give that money to someone you know in need. Family member, friend, neighbor, complete stranger. We all know someone who is going to be far worse off than us either due to reduced hours, job loss, or losing a small business. To say nothing of those second and third order effects like losing health insurance due to job loss. So rather than putting it all into VTSAX, donate it to someone in need.
Our plan is to give the money we receive to my wife's sister. She's a single mom with asthma and a young child, so she took a leave of absence from her retail job a few weeks ago when there were still only a handful of cases in the state. The few thousand dollars we expect to get will cover a couple of month's expenses for her while it will be less than two weeks pay for me. Ideally I can help her use some of it to start a Roth IRA and take advantage of the sale on equities - though ultimately her day to day living expenses will probably be the higher priority.
