Bogleheads.org

Thank you very much saverocity,

I did a write up about how I achieved the discount on my blog, but not sure if it is proper to link to it here, bottom line, don't pay for it with Cash in person unless you can get that discount down to the numbers I am talking about. I sure would like to know how you did that. People post links al...

Haha ... Epsilon Delta. The preppers.

OP, you're not alone. There are reality TV shows on folks who have the same fear and stock up on canned food and ammunition. The peppers.

Standard work week at my company is 40 hrs/week for salaried employee for a total of 2080 hrs per annum. For a salary of $100K per hour rate = $48.076 ($100k/2080). This is true if he works 2,080 hours a year but he doesn't. You have to subtract out the holidays and thus his hourly rate is much hig...

I'm not so sure. I treasure the mementos and heirlooms my grandparents have given me, but I have never really been particularly interested in their trip to France. I have no tangible attachments to other people's memories of events for which I was never present. Again, don't get me wrong, there are...

Borrowed $50K from my 401K in the early 90s and invested it in equity and five years later I paid off the loan while the investment had doubled. Would you have otherwise invested in equities in the 401k? What benefit did you get for taking the money out instead of leaving it in the 401k? My 401k on...

Hiding their assets so that others can pay for your grandparents' long term care is called cheating.

I did that before. Borrowed $50K from my 401K in the early 90s and invested it in equity and five years later I paid off the loan while the investment had doubled. Of course I was lucky because the stock market was doing well. I could have lost big if the market was performing poorly. Would I recomm...

I've always wanted a Rolex. Wanted it when I was 20 and now I'm 60. I have a 7-figure investment and no debts. I don't think I'm cheap since we live comfortably and travel extensively .... South America couple of years ago, Europe last year, and Australia this year. Every time I go to the mall with ...

Know any reputable rental companies in Destin? We are looking to rent a 3-bedroom home or condo on the beach with a pool and maid service for a family of 9 (6 adults, 3 small kids). We're willing to pay $5,000 for one week in July. The condo or house must be fairly new (5 years or newer) and the mai...

When do you know that you've accumulated enough assets so that you feel confident that you will never run out of money in your lifetime. Is it a tangible thing like having $1 million, an age, some intangible feelings you have or something else...or maybe you never get to that point :confused X= ann...

1 comma = 10^(3x1) = 1,000 2 commas = 10^(3x2) 1,000,000 0 commas = 10^(3x0) = 0 -1 comma = 10^( 3x(-1)) = 0.001 Note that -1 comma is not - (1 comma). - (1 comma) is (-1 - comma) by the distributive law. No no no! From a financial standpoint, one comma represents any number that contains one comma...

555 wrote:
What was your major? Negative one comma would be a tenth of a cent. $100,000 would be 5/3+ (pi / ln 1000)i commas.

Don't confuse him.
1 comma = 1,000 to 999,000
2 commas = 1,000,000 to 999,000,000
3 commas = 1,000,000,000 up
negative 1 comma = -1,000 to -999,000

umfundi wrote:[Bump]
So, y'all, how's it going?

Did those who timed a market exit in late December yet figure out a re-entry?

Keith

Re-entry made on 1/2/2013. Thanks for asking.

In our case it took 26 years of systematically living below our means and saving/investing the difference to accomplish this. I'd love to hear some other stories........ It took me 30 years of working, saving, and investing to reach my 1st million (starting from 0) and looks like it will have taken...

My calculation was that it takes about 13 years to break even. The equation I used is: A(x-48)=Bx, where B is the full retirement amount at age 66, A is the age-70 amount, and x is the number of months since attaining age 66. Call me pessimistic, but I don;t see myself deferring. Your formula is wr...

I didn't read the whole thread but you pay regular loans with after-tax money, same money you pay your 401k loans. There are downsides to taking out 401k loans but double taxing is not one.

K'zoo wrote:Life of Pi
Life of Pi


...we saw it twice, we liked it so much. We spent more time discussing that movie than any other we've seen. Now on to read the book.

Agree! Must watch in 3D.

z3r0c00l wrote:Will you have to pay taxes on your cap gains one year sooner because of this?

No. All my money is in tax deferred IRA accounts.

NYBoglehead wrote:The question remains, did you miss out on any dividends or interest as a result of your actions?

Not sure. I just compared the values of my portfolio on December 20th vs. today.

I am the one that posted on December 20th that I sold everything (mostly no-load index funds) and that I would repurchase the same on January 2nd. I told everyone that it was purely a defensive move on my part because I was fearing that we were going over the fiscal cliff. I stated that I would pay ...

Have had LTC insurance with Unum through my company for the last few years and I haven't noticed major rate increases. I'm paying $236 a month for me and my wife on a $6,000 a month inflation-protected policy. I'll hang on to it as long as I can. Hopefully the longer I have it, the longer I can keep...

JW Nearly Retired wrote:Not sure what you are going to do with the "assumed interest rate"?
JW

Because money collected earlier is supposedly worth more than later.

Wow!!! That's a lot of great information. One would need to create a spreadsheet listing all available options, the year when benefits are received, and an assumed interest rate going forward to determine the best claiming strategy.

Thanks everyone.

Did the links clear things up a little OP? If not I will give your questions a try.
JW

I'm still a little unclear. Please clear it up for me.

I need your advice. I am 60, still working, and will continue to work until I am 70. My wife is 4 years younger than me and retired. Our estimated social security benefits at age 62, 66 and 70 are: Me: $1,824, $2,479, and $3,326 Wife: $715, $1,088, and $1,338 1) If I claimed a "file and suspend...