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I think the only time wasted regrets are those where you wish you had spent more time with family and friends. Wouldn't worry so much about 30 minutes I didn't read or learn a skill. As you get older you will treasure those wasted Sunday afternoons where you just hung out with family(or napped),

One just has to train themselves to be happy when the market goes down. And that's pretty easy using the RBD strategy. So just because Carl Richards writes it, does not make it true. I agree with this. At age 39 if the market falls 50% over the next year I'll be ecstatic. If the market keeps going ...

buying overpriced lemonade from the neighborhood kids. I keep telling them to offer margaritas but they do not listen.

need a $1-$5 category. I tend not to have cash.

I think the main point is that the "market" takes into account all information much faster than we can. So because the market is more efficient(way more) than us, our belief that we can guess the direction of individual stocks before the market can is a fool's game. 8 monkeys with a dart a...

Our Man in Havana by Graham Green

One of his "entertainment" novels that poke fun at the whole secret service genre(as well as Englishmen). Good movie as well(recently seen on TCM)

to spend(time, money, effort) with the intent of gaining some satisfaction(more money, well adjusted children, better physical shape).

WHY DO SO MANY PEOPLE IGNORE THE EVIDENCE? I really think for the most part they just are not exposed to the evidence and they find the whole financial environment confusing or overwhelming. I know some really smart people that have someone handle their finances or they use questionable investments ...

I would not pay off my mortgage but would probably put extra money in stock funds. I did not see your asset allocation but I assume you have a strong bond allocation. You also have a big emergency fund which probably not paying much interest as well.

graeter's ice cream - available in 49 states - cincy based

I would not get depressed over this article. A million bucks plus Social Security is not life in hell. I think as a society we have ratched up our expectations so high that no matter what we achieve, we are depressed by it. A lot of folks will retire with a paid off house, social security, and $200...

Senin wrote:Reits have taken a dive lately. I am wondering why? Is it because of interest rates rising fears?

Just curious.

yes

I don't think that there are any human gurus that you can take as 100% accurate and follow every piece of their advice. Individuals need to read and listen and from the collective wisdom of so called experts and other sources form your own opinion. Some of what Dave Ramsey says is useful. If you hit...

I usually advocate for not paying off a mortgage but if it comes down to a savings account vs. mortgage, I would pay off as much of the debt with the savings account. The 70K in your taxable account can be your emergency fund(I'm not a big fan of putting monies in a low interest account just for eme...

travellight wrote:No mention of the Honda Accord? I thought that was the BH car.

absolutely not

I try to put things in perspective when the market has bad days. For instance, last week when both my bonds and stocks dropped I just rationalized away the drop by saying that I was merely back to where I was in April. Even in 2008, I could still look at my net worth as having just retreated back to...

The Boglehead Creed is to spend within your means. Driving a nice car is a reward for working hard, saving regularly, and investing wisely. I vote for a Cadillac CTS.

"Que Sera Sera - whatever will be will be. The future's not ours to see. Que Sera Sera."

Bungo, Again, I love your plan. Just try not to press too much about what she wants to do with her life. I doubt there is anyone who wants the answer to that question more than she does. My daughter graduated from high school with close to a 4.0 and an ACT score of 30. She had no idea what the want...

Absolutely not. Any day that involves a morning walk with the dog, an afternoon with a round of golf, and an evening playing cards would be called a RGD.

She's only 19. Cut her a break and be supportive. All the rules seem a tad legalistic too me.

With my 2 Cobra experiences I paid normal premium plus 2% for administrative fees.

Fidelity and Vanguard are equally excellent mutual fund providers.

Seems to me there are two options: 1) spend everything 2)invest.

My vote is to invest. When was a better time to invest? World War 1, Depression, World War 2, Cold War, Tech Bubble, Real Estate Bubble, yada yada yada. The key to financial success is the same now as ever: Good Job, Invest Regularly

Ice Cream - no cheap stuff for us

I discovered that our local hospital has a consumer advocate that is there to assist in questions regarding hospital billing. There really is a lot of subjectivity on how ER's charge customers(patient status being one critical determinant) so it is worth the effort to first talk to the hospital bill...

OK, you got to tell us what you thought of Joyce's Finnigan's Wake. I've not read that yet, actually (whew, dodged that one, good thing you didn't ask about Ulysses or Becket's trilogy, Molloy, Malone Dies, The Unnamable). I don't think anyone has read Finnigan's Wake. I read Ulysses but I had to d...

great post. I thought it was me.

Over my long tenure, I think my biggest work victory were those people that worked for me that I was able to assist in getting promotions. The satisfaction of seeing them grow, mature, and then become contributors was immense. How did I celebrate - by pushing the next group into wanting to succeed a...

I've been going through the Modern Library "board's list" of 100 best novels: http://www.modernlibrary.com/top-100/100-best-novels/ In some cases this has led to reading more works by one of the authors. Recently ran across this list of "books everyone should read". I've saved a...

The Elements of Style helped me discover my love of simplicity in the written word, as Jack Bogle's The Little Book of Common Sense Investing did with investing. The best is simple. Elements of Style was essential for me to get through college. Good choice. With the advent of texting and social med...

The Elements of Style helped me discover my love of simplicity in the written word, as Jack Bogle's The Little Book of Common Sense Investing did with investing. The best is simple. Elements of Style was essential for me to get through college. Good choice. With the advent of texting and social med...

The Bible - taught me what to live for and how. Gives me strength and hope

Huckleberry Finn - 1st exposure to great American Literature.

If I Ran the Zoo - by Dr. Seuss: taught me early on that reading can be fun

Catcher in the Rye -

yes you are correct forum(and I) really are not in favor of market timing. it really does not work.

When my company went bellyup, I got some funds a year or two later as part of the court settlement. Just guessing but I probably got about 25cents on the dollar.

I believe that individual stocks are not safer the longer they are held.

I believe that mutual funds with stocks in a diversified portfolio have less fluctuation over time.

http://online.wsj.com/article/SB1000142 ... TopStories

We have recent threads on DIY versus Managed Accounts.

There is a difference between people who are always unhappy with their meal and people that have special instructions for their meal. IMO if you go to a restaurant they should have a cook or chef that can handle special requests. I do not understand why a customer can't order a meal cooked the way t...

For some people it is worth the fee to have someone handle their finances. Sounds like the OP has a good advisor that is not churning accounts for fees. Some people pay someone to do their taxes because they feel more comfortable having someone else do them. And that is perfectly OK. It really depen...

Definition of tithing is 10% of your annual income(before taxes). Tithing is not a synonym for giving. One can give 10% of net income if one chooses and that is great but it is not tithing.

I tithe based on gross income. The fact that government has taken over role of support has no bearing on my actions. But the real caveat is that if you base it on net or gross your still doing better than 90% of everybody else. The important thing for me was to continually grow in my giving - both o...

When I was contemplating retirement I had a session with a Fidelity retirement counselor. It was an informative, friendly, non-sales meeting. Basically, they populated my information into the Fidelity Retirement Planning software, which is really a good tool to analyze your future spending, future i...

I go to the local Y and use their Precor Lifting stations. Plus I use the treadmill and stationary bike. All I have at home is a stationary bike and a lawn mower.

Deciding to work for a living at a good company

It appears the Munchkin Man Diet may be going mainstream. I was in Trader Joes this morning and found an abundance of salads - all with farther out expiry dates and new selections too, never seen before, so this is catching on lol. Maybe this is a hint for me to shop mornings, rather than evenings....

Best bet is to go to the government web sit on Affordable Care Act. I think its based on your estimated income for the time of your insurance coverage, which would be 2014.

I am retired and I have about 2-4 weeks in an emergency fund. If I need money I just take it from one of my taxable mutual funds.

Invest Regularly
Spend Wisely
Diversify
Rebalance to your desired AA as needed
Live Life

http://www.nytimes.com/2013/04/21/magaz ... l?src=dayp

excellent article on john le carre

to previous poster, I would recommend buying a house that is not a risky asset.