Search found 6472 matches

Return to advanced search

Re: Do you take all of your allowed paid vacation time?

I'm personally above this ceiling at the moment and trying to figure out how to use my extra 6 days of leave. With a small family, I could randomly take a day off, but it limits me from doing much. I'll have to come up with some sort of a plan. NO WAY AM I GIVING THEM BACK!!! :mrgreen: Randomly tak...
by HomerJ
Fri Aug 22, 2014 11:31 am
 
Forum: Personal Finance (Not Investing)
Topic: Do you take all of your allowed paid vacation time?
Replies: 30
Views: 1100

Re: Do you take all of your allowed paid vacation time?

I take every minute of mine... I get 3 weeks (that includes sick time - all one big pool)... If I got 6 weeks, maybe I wouldn't retire as early as I plan to. 3 weeks just isn't enough... I spent one week at the lake this summer, spent 3 days in Maine to see my daughter perform, 1 day helping my othe...
by HomerJ
Fri Aug 22, 2014 10:21 am
 
Forum: Personal Finance (Not Investing)
Topic: Do you take all of your allowed paid vacation time?
Replies: 30
Views: 1100

Re: Investing for inlaws

really, my only motivation here is to do something with their money rather than it sit around. i don't thnk any one of us have expectations that their investment will double in the next 10 years. but if i can get a 8% return, that's a win too. If you can get 8% a year, the money will double in 9 ye...
by HomerJ
Thu Aug 21, 2014 1:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investing for inlaws
Replies: 23
Views: 987

Re: How to weather market downturn with a high chance of lay

P.S. Although I'm not a fan of Jeremy Siegel, whose cheerleading for stocks, in my opinion, goes beyond enthusiasm into spin and dogmatism, I trust his data, and Stocks for the Long Run makes a good case for its being OK to invest in stocks at peaks. Not ideal, but good enough. Of course, if you ca...
by HomerJ
Thu Aug 21, 2014 12:47 pm
 
Forum: Investing - Theory, News & General
Topic: How to weather market downturn with a high chance of layoff
Replies: 36
Views: 2235

Re: How to weather market downturn with a high chance of lay

Hi Dave, I agree that I cannot predict when the market will return to a certain value. But to make the decision to buy later instead of now, I need only to believe WHETHER the market will at some point in the future dip down to equal today's value (or lower, to take into account dividend being paid...
by HomerJ
Thu Aug 21, 2014 12:08 pm
 
Forum: Investing - Theory, News & General
Topic: How to weather market downturn with a high chance of layoff
Replies: 36
Views: 2235

Re: Should I use margin to buy a balanced fund?

you're backtesting yesterday's bonds with today's margin rate, and what you're signing up for is today's bonds with tomorrow's interest rate. Be very careful. Really should read this again... Every single investment strategy ever used once back-tested well. And then most (vast majority?) then faile...
by HomerJ
Thu Aug 21, 2014 11:29 am
 
Forum: Investing - Theory, News & General
Topic: Should I use margin to buy a balanced fund?
Replies: 291
Views: 18562

Re: Market valuation analysis

Here's a chart of VTSAX (Vanguard Total Stock Market Index Fund)... Getting out in 1997 when stocks were "ridiculously overpriced" at a PE10 nearing 30 doesn't really seem like a smart move. http://i60.tinypic.com/2q18hkz.jpg At NO time, NEVER, did the value of VTSAX drop below where it w...
by HomerJ
Fri Aug 15, 2014 11:45 pm
 
Forum: Investing - Theory, News & General
Topic: Market valuation analysis
Replies: 36
Views: 1662

Re: Market valuation analysis

Ah, but they do mean revert, 8 years is about the average amount of time for RTM. If you believe that, then: 1) If PE10 = 25, earnings yield = 4 2) Historical mean PE10 = 16.5 but more like 19 for last 20 years, so call it 17 3) Reversion to 17 is a 32% drop 4) Over 8 years that's -4% a year 5) Ear...
by HomerJ
Fri Aug 15, 2014 9:11 pm
 
Forum: Investing - Theory, News & General
Topic: Market valuation analysis
Replies: 36
Views: 1662

Re: Market valuation analysis

My honest belief at this point in time: a) The market meanders within a broad, flat valley. b) The sides of those valley are somewhere around P/E 10 and P/E 40. c) If CAPE or some flavor thereof is over 40, it is reasonable to think stocks are expensive. d) If CAPE or some flavor thereof is under 1...
by HomerJ
Fri Aug 15, 2014 4:25 pm
 
Forum: Investing - Theory, News & General
Topic: Market valuation analysis
Replies: 36
Views: 1662

Re: How much to leave for young children, guardian and famil

Put 80% of the money in a trust, give guardian 20% and let the guardian get all the income from the trust until the kid turns 18, then the kid gets the income from the trust until 25, when half the trust is distributed to the kid, then the other half distributed at 35 (so if the kid blew all the mon...
by HomerJ
Fri Aug 15, 2014 4:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much to leave for young children, guardian and family
Replies: 12
Views: 1314

Re: Lifestyle Creep

Nothing wrong with a little lifestyle creep later in life... The trick is to avoid it early on... #1 way to become financially independent, in my opinion, is to save half your raises. Increase your lifestyle slower than your raises, and it doesn't take too long before you're saving serious money Eve...
by HomerJ
Fri Aug 15, 2014 11:49 am
 
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 22
Views: 2617

Re: Just Retired Clergy In-laws - Helping them get 'On-Track

All things considered, they're not in terrible shape. $1.5 million in Iowa, with a nearly paid off house and SS as well? They're in great shape. Their investments are all over the place... good that you are helping them organize and streamline them... But don't kid yourself, they are in great shape.
by HomerJ
Tue Aug 12, 2014 10:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Just Retired Clergy In-laws - Helping them get 'On-Track'
Replies: 11
Views: 1352

Re: Convince me I can make a dumb (car-related) purchase

killjoy2012 wrote:1) This forum is probably the single worst place to come to for gaining 'permission' to go spend big $ on a car.


Or the single best place to be talked out of wasting $50,000 (Let's not kid ourselves, that's a ton of money)
by HomerJ
Tue Aug 12, 2014 10:24 am
 
Forum: Personal Consumer Issues
Topic: Convince me I can make a dumb (car-related) purchase
Replies: 56
Views: 4159

Re: Convince me I can make a dumb (car-related) purchase

The need to convince. Actually, there is only one thing we need to "convince" our fellow Bogleheads. We need to convince them to stop posting "convince me" notes on this forum. Thanks for reading. What do you guys have against "convince me" threads? This forum is about...
by HomerJ
Mon Aug 11, 2014 2:48 pm
 
Forum: Personal Consumer Issues
Topic: Convince me I can make a dumb (car-related) purchase
Replies: 56
Views: 4159

Re: Wills, Spouses, Prenups, etc.

Like I said, I don't intend to leave a substantial inheritence - just my leftovers. My kids can earn their money the same way I am. I'd still worry a little about how it might make your kids feel... Read that other thread about inheritance to see stories about how leaving your kid nothing can make ...
by HomerJ
Mon Aug 11, 2014 2:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wills, Spouses, Prenups, etc.
Replies: 67
Views: 3166

Re: Wills, Spouses, Prenups, etc.

Well, she is not me, and she can do whatever she wants when I'm gone. If it were me, and I were getting remarried, and I wanted to leave something to my kids then I would just put it in my will with my new spouse. If I couldn't trust her then I wouldn't marry her. Maybe I trust too much. I just don...
by HomerJ
Mon Aug 11, 2014 2:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wills, Spouses, Prenups, etc.
Replies: 67
Views: 3166

Re: Wills, Spouses, Prenups, etc.

It is just my personal opinion that if you are not willing to share everything with someone then you shouldn't be getting married. My wife and I pool everything together, nothing is separate, and it has always been that way. I can't even imagine operating any other way. It seems it would cause cons...
by HomerJ
Mon Aug 11, 2014 12:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wills, Spouses, Prenups, etc.
Replies: 67
Views: 3166

Re: Wills, Spouses, Prenups, etc.

Thanks to everyone for the responses. I do not think she wants to get divorced. She is essentially opposed to the very idea. I suppose she could get a job, but I don't think she could find anything paying much more than minimum wage. If she had to she could go back to what she was doing before, but...
by HomerJ
Mon Aug 11, 2014 11:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Wills, Spouses, Prenups, etc.
Replies: 67
Views: 3166

Re: Wills, Spouses, Prenups, etc.

It is just my personal opinion that if you are not willing to share everything with someone then you shouldn't be getting married. My wife and I pool everything together, nothing is separate, and it has always been that way. I can't even imagine operating any other way. It seems it would cause cons...
by HomerJ
Mon Aug 11, 2014 11:55 am
 
Forum: Personal Finance (Not Investing)
Topic: Wills, Spouses, Prenups, etc.
Replies: 67
Views: 3166

Re: Convince me I can make a dumb (car-related) purchase

If you get accustomed to expensive cars... Pay attention to this... Lifestyle creep can be very dangerous... You can certainly afford this car... I hope that commute is uncrowded highway miles. I'm not sure how driving a fast $50k car in heavy traffic at a slow pace is more enjoyable than driving a...
by HomerJ
Mon Aug 11, 2014 11:14 am
 
Forum: Personal Consumer Issues
Topic: Convince me I can make a dumb (car-related) purchase
Replies: 56
Views: 4159

Re: How do you address your inlaws and being addressed?

Never directly addressed my first set of in-laws in 12 years. Seriously. I rarely address my father-in-law directly... The few times I've done so, I've called him by first name. It feels weird to do so... It would also feel weird to call him Mr. FIL as well. He's two generations older than me thoug...
by HomerJ
Fri Aug 08, 2014 4:40 pm
 
Forum: Personal Consumer Issues
Topic: How do you address your inlaws and being addressed?
Replies: 84
Views: 4713

Re: Vanguard computer security

If I remember correctly , if the "cookie" is not found you must answer security questions so even if the hacker has your password they must also have the answers to your security questions. Also, you can set up your account so you can only log on from a computer that already has the cooki...
by HomerJ
Fri Aug 08, 2014 10:38 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard computer security
Replies: 67
Views: 3597

Re: What actions to take in a stock market crash?

For me, once I'm retired, it's more important to minimize risk than maximize returns... What does rebalancing into a stock market downturn get you? Answer: Almost certainly better returns in the long run. But note the "almost". If I'm retired, it's because I have enough... I will probably ...
by HomerJ
Thu Aug 07, 2014 6:20 pm
 
Forum: Investing - Theory, News & General
Topic: What actions to take in a stock market crash?
Replies: 85
Views: 5391

Re: What actions to take in a stock market crash?

Thanks for all the replies so far. Let's go with this specific scenario that I was thinking about: You're 60 years old and retired with exactly $1 million in a 50/50 stock/bond split one day. The next day stocks fall 50% in the biggest sell-off in modern times. Your bonds are worth a bit over $500,...
by HomerJ
Thu Aug 07, 2014 5:10 pm
 
Forum: Investing - Theory, News & General
Topic: What actions to take in a stock market crash?
Replies: 85
Views: 5391

Re: Vanguard computer security

If I remember correctly , if the "cookie" is not found you must answer security questions so even if the hacker has your password they must also have the answers to your security questions. Also, you can set up your account so you can only log on from a computer that already has the cooki...
by HomerJ
Thu Aug 07, 2014 3:57 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard computer security
Replies: 67
Views: 3597

Re: Attitudes toward inheritances.

My parents don't have a ton of cash, but they do have a nice place in Southern Missouri (110 acres, hills, mostly forest, with a river running through it). I told my parents I'd be okay if they gave the whole place to my sister, so she'd always have a place to retire (she's not as well-off), but I k...
by HomerJ
Thu Aug 07, 2014 2:15 pm
 
Forum: Personal Consumer Issues
Topic: Attitudes toward inheritances.
Replies: 110
Views: 9333

Re: Attitudes toward inheritances.

Both boys are past 18, and they were more mature than I was at 18. My wife and I will take the credit for that. I have one daughter who is really good with money, and one daughter who is not... Is there a way I can take credit for just one kid and blame society or biology for the other one? (just t...
by HomerJ
Thu Aug 07, 2014 1:53 pm
 
Forum: Personal Consumer Issues
Topic: Attitudes toward inheritances.
Replies: 110
Views: 9333

Re: Affording a 1.3 million home?

When I read these threads I am truly thankful I do not live in northern California. If I lived in Silicon Valley I would probably be making double what I am now. My house would cost triple, but I think it would still be a net positive financially because everything other than housing would only be ...
by HomerJ
Thu Aug 07, 2014 1:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: Affording a 1.3 million home?
Replies: 105
Views: 10969

Re: That sudden moment when Money is not a Problem.........

My wife and I had always planned to get a lake house and a boat when we retired in ten years. Her good friend from high school died last year unexpectedly at age 52. Pretty healthy until she wasn't. That shook up my wife a bit, and we bought a small lake condo (instead of a full-sized retirement lak...
by HomerJ
Thu Aug 07, 2014 12:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: That sudden moment when Money is not a Problem
Replies: 33
Views: 6663

Re: When is a 3.75% load worth it?

Very interesting. Peter Lynch managed to get an annualized return of 29% for Fidelity's Magellan fund from 1977 - 1990. At one point Magellan had over $100billion in AUM. Now it's down to $16 billion. So that's one example of insane performance for a set period of time....problem is..1 how do we pi...
by HomerJ
Thu Aug 07, 2014 11:34 am
 
Forum: Investing - Theory, News & General
Topic: When is a 3.75% load worth it?
Replies: 79
Views: 5189

Re: Why should a portfolio get safer as one ages?

I personally like Charles Ellis' idea to stay 100% stocks until age 70, then gradually add bonds if you think you need them . My plan is to buy a $10k I-Bond each year. At age 72, I'm on course with two I-Bonds. Some investors include I-Bonds as a cash asset, but Larry Swedroe groups them with TIPS...
by HomerJ
Thu Aug 07, 2014 10:37 am
 
Forum: Investing - Theory, News & General
Topic: Why should a portfolio get safer as one ages?
Replies: 30
Views: 2785

Re: When is a 3.75% load worth it?

The point was simply relative to "impossible," and it's not impossible We've never said it was impossible. Again, EVERY 5-year period, many funds beat the indexes. No one here has ever disputed this. Why do you think we think that beating the indexes over 5 years is impossible? The proble...
by HomerJ
Wed Aug 06, 2014 11:00 am
 
Forum: Investing - Theory, News & General
Topic: When is a 3.75% load worth it?
Replies: 79
Views: 5189

Re: When is a 3.75% load worth it?

Call it luck, yes, but not impossible. How is this actionable? Do you suggest we invest hoping to get lucky? Every 5-year or ten-year period, multiple funds beat the indexes... Dozens or scores of funds... Indexes usually hang out in the 75% percentile mark. So 25% of funds beat the index over cert...
by HomerJ
Wed Aug 06, 2014 9:49 am
 
Forum: Investing - Theory, News & General
Topic: When is a 3.75% load worth it?
Replies: 79
Views: 5189

Re: Boat loans

dpc wrote:Plenty of us buy cars that are more expensive than we need and finance those purchases. Those are "toys" as well.


Plenty of Americans, maybe... not plenty of Bogleheads.

Save your money, then buy your "toys".
by HomerJ
Sun Aug 03, 2014 11:44 pm
 
Forum: Personal Consumer Issues
Topic: Boat loans
Replies: 27
Views: 1584

Re: Boat loans

Searched a bit and can't find any help on boats loans. Interested in buying a boat. Should I just look for lowest rate from any company? Any good places that people can recommend? What are typical rates and down payments. Any info is greatly appreciated! If you can't pay cash for a boat, you can't ...
by HomerJ
Sat Aug 02, 2014 9:39 pm
 
Forum: Personal Consumer Issues
Topic: Boat loans
Replies: 27
Views: 1584

Re: Should I use margin to buy a balanced fund?

I agree that this sounds like a free lunch, so there must be something obvious that I'm missing. If your plan is fool-proof, why isn't everyone doing it? It's very simple, risk-free, and you estimate it will boost your returns 50%. I'm guessing there is something you are missing. Here's what I sugg...
by HomerJ
Thu Jul 31, 2014 11:23 am
 
Forum: Investing - Theory, News & General
Topic: Should I use margin to buy a balanced fund?
Replies: 291
Views: 18562

Re: Principal Residence = Poor Investment?

Here's something I've never, ever understood: when someone says that renting is cheaper than buying, do they just ignore the whole down payment part of the equation? I can see maybe having your monthly mortgage payment be cheaper than monthly rent in some situations, if you're renting something rea...
by HomerJ
Wed Jul 30, 2014 4:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Principal Residence = Poor Investment?
Replies: 70
Views: 5284

Re: Principal Residence = Poor Investment?

I was having a discussion with a friend the other day who is convinced that the home he lives in is a great investment. I was wondering if those with a bit more financial acumen could critique my analysis. Current market value = $600,000 PITI = $3,700/month Utilities = $330/month Landscaping/Mainte...
by HomerJ
Wed Jul 30, 2014 3:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Principal Residence = Poor Investment?
Replies: 70
Views: 5284

Re: Which is King: Income Stream or $ Invested

Yes, but occasionally, you don't have renters. Occasionally, you have to put money INTO rental properties (like a new roof or a new heater). Sure, but try asking the folks in Detroit how their "guaranteed" pensions are going. *shrug* No income source is "safe" there are just dif...
by HomerJ
Wed Jul 30, 2014 1:40 pm
 
Forum: Investing - Theory, News & General
Topic: Which is King: Income Stream or $ Invested
Replies: 52
Views: 4577

Re: Which is King: Income Stream or $ Invested

Income streams like SS or pensions or SPIAs are JUST income streams and ONLY income streams. That's the difference I think. Rental properties have excellent income streams and yet still have capital value. Yes, but occasionally, you don't have renters. Occasionally, you have to put money INTO renta...
by HomerJ
Wed Jul 30, 2014 1:31 pm
 
Forum: Investing - Theory, News & General
Topic: Which is King: Income Stream or $ Invested
Replies: 52
Views: 4577

Re: Which is King: Income Stream or $ Invested

Why would it make a difference if I sold assets to buy an SPIA, for example, at age 85 for $100,000 and collected $11,240 per year, as opposed to maintaining my diversified portfolio and simply selling that much annually? Because your portfolio might run out... People call SS and SPIA's income stre...
by HomerJ
Wed Jul 30, 2014 1:10 pm
 
Forum: Investing - Theory, News & General
Topic: Which is King: Income Stream or $ Invested
Replies: 52
Views: 4577

Re: Which is King: Income Stream or $ Invested

Why would it make a difference if I sold assets to buy an SPIA, for example, at age 85 for $100,000 and collected $11,240 per year, as opposed to maintaining my diversified portfolio and simply selling that much annually? Because your portfolio might run out... People call SS and SPIA's income stre...
by HomerJ
Wed Jul 30, 2014 12:22 pm
 
Forum: Investing - Theory, News & General
Topic: Which is King: Income Stream or $ Invested
Replies: 52
Views: 4577

Re: Annuities and asset allocation

Why waste your money on an SPIA? Do the math and you’ll find that with an SPIA you’re just getting your own money back. The internal rates of return (not the payout rate) are pretty much 0% unless you live way past actuarial life expectancy. It's not about the return... It's like reverse life insur...
by HomerJ
Wed Jul 30, 2014 11:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Annuities and asset allocation
Replies: 32
Views: 1537

Re: Was ready to pull plug on Janus..until

I thought some of my Janus funds would have done better than VTI and some worse. Wasn't expctuing to see 7 out of 8 having done better, some much better. theplayer11... do you understand that you are comparing different things? This is very much like you coming on here and saying my Janus stock fun...
by HomerJ
Tue Jul 29, 2014 4:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Was ready to pull plug on Janus..until
Replies: 66
Views: 4013

Re: Which is King: Income Stream or $ Invested

Example: would you rather have $4 million invested or guaranteed (I.e. Pension, fixed annuity, etc) of $160,000/year? I'd rather have $2 million invested and a guaranteed $80,000/year income stream, really... But if I had to pick between your two choices, I'd pick the $4 million, since I'm very lik...
by HomerJ
Tue Jul 29, 2014 3:46 pm
 
Forum: Investing - Theory, News & General
Topic: Which is King: Income Stream or $ Invested
Replies: 52
Views: 4577

Re: Grad school decision - Help requested

It seems as though a bit more information is necessary: - This is a Master's Program from Pacific Northwest College of Art. The program is entitled "Critical Theory and Creative Research." - I am only applying to the one school for the one program which is very specific. - It is a single-...
by HomerJ
Tue Jul 29, 2014 3:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Grad school decision - Help requested
Replies: 25
Views: 2356

Re: Please help me fight for index funds!

He is comparing a riskier PIMCO fund which uses futures and swaps to mimic the S&P 500, then invests the remaining cash in bonds, to Vanguard Total Stock Market Institutional (VITSX)? Nice apples and oranges comparison. And if you look back to the ten-year total return, VITSX (8.98%) beats PSPR...
by HomerJ
Tue Jul 29, 2014 3:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Please help me fight for index funds!
Replies: 37
Views: 2448

Re: Annuities and asset allocation

The amount of interest earned each year is dependent on which index you are using and, more importantly, the actual day you are issued the policy. A lot of annuities use annual point to point in their crediting strategy, so for example if you started on July 29th, you would write down the S&P50...
by HomerJ
Tue Jul 29, 2014 11:52 am
 
Forum: Investing - Help with Personal Investments
Topic: Annuities and asset allocation
Replies: 32
Views: 1537

Re: Annuities and asset allocation

One reason you would buy an annuity now and defer the income is that with the newer annuities you get an increase in the income for each year that you defer, usually around 6-7%, which is guaranteed. You don't know if your equities or bonds will provide that return. Additionally, the deferred incom...
by HomerJ
Tue Jul 29, 2014 11:38 am
 
Forum: Investing - Help with Personal Investments
Topic: Annuities and asset allocation
Replies: 32
Views: 1537

Re: Florida Retirement Communities advice/thoughts

galaxy wrote:wild life is great


Another reason I will probably not live in Florida is that I love lakes and boats, but I'm not a big fan of alligators :)
by HomerJ
Mon Jul 28, 2014 5:38 pm
 
Forum: Personal Consumer Issues
Topic: Florida Retirement Communities advice/thoughts
Replies: 24
Views: 2943
Next

Return to advanced search