set-and-forget
Configure once, done
Set-and-forget describes something designed to work indefinitely without further attention once initially configured.
A set-and-forget investment strategy requires no active management.
Set-and-forget irrigation systems water plants automatically.
The phrase implies reliability and low maintenance: I wanted a set-and-forget solution, not something I'd have to babysit.
Automatic climate control device
- smart homeDwelling with integrated automation
- timerDuration-tracking mechanism
- autopilotAutomated vehicle guidance system
- sprinkler systemNetwork of water dispensers
slow cooker · crockpot · programmable · preset · automatic · Roomba · self-regulating · hands-free
Securities mirroring market indices
- ETFsExchange-listed investment baskets
- 401kEmployer-sponsored retirement savings
- passive incomeMoney earned without labor
- dollar-cost averagingFixed periodic investment method
retirement accounts · Vanguard · robo-advisor · compound interest · portfolio · mutual funds · Roth IRA · autopilot
Rotating meat cooker
- RoncoInfomercial kitchen gadget company
- infomercialExtended TV sales broadcast
- slow cookerAppliance for gradual simmering
- rice cookerElectric grain-steaming appliance
bread maker · dehydrator · sous vide · air fryer · coffee maker · water heater · humidifier · surge protector
thermostat
Automatic climate control device
- smart homeDwelling with integrated automation
- timerDuration-tracking mechanism
- autopilotAutomated vehicle guidance system
sprinkler system · slow cooker · crockpot · programmable · preset · automatic · Roomba · self-regulating · hands-free · maintenance-free
index funds
Securities mirroring market indices
- ETFsExchange-listed investment baskets
- 401kEmployer-sponsored retirement savings
- passive incomeMoney earned without labor
dollar-cost averaging · retirement accounts · Vanguard · robo-advisor · compound interest · portfolio · mutual funds · Roth IRA · autopilot · long-term
rotisserie
Rotating meat cooker
- RoncoInfomercial kitchen gadget company
- infomercialExtended TV sales broadcast
- slow cookerAppliance for gradual simmering
rice cooker · bread maker · dehydrator · sous vide · air fryer · coffee maker · water heater · humidifier · surge protector · UPS
- auto-investingrobo-advisors, dollar-cost averaging
set-and-forgethigh-maintenance
Requiring excessive attention
hands-on · labor-intensive · high-touch · micromanaged · manual
set-and-forgetactive management
Strategic investment decision-making
continuous monitoring · real-time tracking · day trading · tactical · interventionist
set-and-forgetongoing
In progress now
continuous · day-to-day · real-time · perpetual · iterative
forget, setting, setter, forgets, forgetting, forgot, forgotten, forgetful, forgetfulness