Search found 274 matches

Return to advanced search

Re: The lowest stock allocation you plan to stay with

... Once you have accumulated a bit more than what you think will be more than enough, why invest in stocks at all? Some might argue why not invest the 'more than enough' in stocks since it won't matter if you lose it all. Exactly. Data doesn't mean much without knowing age and expected % withdrawa...
by burt
Fri Jan 30, 2015 8:11 pm
 
Forum: Investing - Theory, News & General
Topic: The lowest stock allocation you plan to stay with
Replies: 63
Views: 2280

Re: The lowest stock allocation you plan to stay with

these allocations are bount to adjust lower once a black swan hits, I will be 20/80 at max in retirement. I want to sleep well at night. Retirement is not to try multiply assets in order to leave some behind, retirement investing goal is to preserve capital to meet ones financial obligation, if you...
by burt
Fri Jan 30, 2015 8:20 am
 
Forum: Investing - Theory, News & General
Topic: The lowest stock allocation you plan to stay with
Replies: 63
Views: 2280

Re: Annual Home Maintenance Expenses

I'm thinking of buying a house in the next few months, and I'm wondering how much I should budget annually for maintenance expenses. I've read that one can expect to pay 1% of the home's value annually in maintenance expense, but that seems high to me. I'm looking at houses in the $500K-$600K range...
by burt
Sat Jan 24, 2015 8:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: Annual Home Maintenance Expenses
Replies: 47
Views: 8109

Re: Time for me to buy a condo?

[/quote]
Right now I pay almost $3000/month in rent and I don't particularly like the place. Prices for a contemporary condo (perhaps a renovated townhouse) is about $550k for a 1BR and $750k for a 2BR. [/quote]

That is absolutely remarkable.
It's settled... I live on another planet.


burt
by burt
Sat Jan 24, 2015 7:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Time for me to buy a condo?
Replies: 15
Views: 1105

Re: negotiating vacation days

afurry91 wrote:15 is pretty good. I wouldn't push for more. That's the negative of starting new jobs.

I get 10, and don't get an increase for another 36 months.


I work with some young people and see their energy, optimism, excitement, vitality for life .... and weep that they are harnessed to the plow.

burt
by burt
Sat Jan 24, 2015 7:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: negotiating vacation days
Replies: 37
Views: 2667

Re: TIPs, what do they really add

saltycaper wrote:
That said, I think TIPS are the best inflation protection out of a variety of generally poor options.


Very Good. I like that.

burt
by burt
Sat Jan 24, 2015 6:57 pm
 
Forum: Investing - Theory, News & General
Topic: TIPs, what do they really add
Replies: 33
Views: 2839

Re: Gotta Be a Bear Market Coming

Well I don't know, bull or bear.
However I did find this article interesting. Stocks seem to be overvalued.

http://www.huffingtonpost.com/jesse-felder/the-single-greatest-mista_b_6528350.html?utm_hp_ref=business&ir=Business

burt
by burt
Sat Jan 24, 2015 7:05 am
 
Forum: Investing - Help with Personal Investments
Topic: Gotta Be a Bear Market Coming
Replies: 64
Views: 7662

Re: Social Security and Pension Question:

A $95k annual income from COLA adjusted annuities is better than about 80% of American families. That gives you the freedom to do pretty much anything you want with your portfolio. OMG. What I would give for a COLA pension. Click the COLA box in the Otar calculator.... and live happily ever after. ...
by burt
Sat Jan 10, 2015 7:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Social Security and Pension Question:
Replies: 36
Views: 3588

Re: WHY is retirement enjoyable / something to look forward

Van wrote:If you had an extremely demanding and stressful occupation with no realistic alternative, you would not be asking this question.


+1
It's not a challenge.....it's survival.

burt
by burt
Sat Jan 10, 2015 10:14 am
 
Forum: Personal Consumer Issues
Topic: WHY is retirement enjoyable / something to look forward to?
Replies: 237
Views: 20050

Re: Help my friend's dad retire in 18 years

Work till 70 ? That's a stretch.
I might be thinking about plan B.

burt
by burt
Fri Jan 02, 2015 7:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help my friend's dad retire in 18 years
Replies: 15
Views: 1202

Re: 2015 Investment Resolutions

This year I am going to give Jim Otar's Unveiling the Retirement Myth a second, more careful reading as I work toward a better and clearer mindset about entering the financial disbursement-- as opposed to accumulation-- phase of life. I've run the numbers. What I want to do before pulling the retir...
by burt
Thu Jan 01, 2015 5:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: 2015 Investment Resolutions
Replies: 9
Views: 818

Re: What would you have done differently when retiring?

You are where I hope to be in just a few more years. For me, it's hard to plan how I'll manage all that free time when right now I don't have enough free time to do the planning :happy . So I'm thinking that, after I quit my job, I'm going to give myself at least a month to do nothing except decomp...
by burt
Wed Dec 31, 2014 8:35 am
 
Forum: Personal Finance (Not Investing)
Topic: What would you have done differently when retiring?
Replies: 107
Views: 10674

Re: How much notice to give prior to Retirement ?

Thank-you Bogleheads for your response. Some judgmental (and unsubstantiated) comments. - Retirement notice ranged from 2 weeks to 2 years. - I'm guessing that longer notice is from older workers (like myself) who have a hard time adjusting to the new "paradigm shift". - Younger workers ? ...
by burt
Sat Dec 27, 2014 5:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much notice to give prior to Retirement ?
Replies: 62
Views: 4556

How much notice to give prior to Retirement ?

It’s not an evil organization, but they have damaged people and families in the past with sudden layoffs (In the name of shareholder value). Not evil, just business. They have been pretty good to me… but I don’t necessarily trust them. That being said, I don’t want to screw my co-workers by dumping ...
by burt
Tue Dec 23, 2014 7:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: How much notice to give prior to Retirement ?
Replies: 62
Views: 4556

Re: Federal Taxes - Sticker Shock (And how to reduce)

[OT comments removed by admin LadyGeek]

burt
by burt
Sat Dec 20, 2014 8:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Federal Taxes - Sticker Shock (And how to reduce)
Replies: 58
Views: 5463

Re: A perfect profession

For example, engineering worked very well for me, and 15-20 years ago, I was strongly recommending it. But now I am not so sure. Victoria You got that right. Engineering has turned into Nomads following work around the country and the world. Project complete or cancelled .... you're gone. Plant eng...
by burt
Sat Dec 20, 2014 7:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: A perfect profession
Replies: 61
Views: 6635

Re: Having my year end review with my manager, what to expec

Performance reviews are a crock. Just engage, smile and play along. I wish management would concentrate on the top 10% “shooting stars” and the bottom 10% “one foot out the door”. For the 80% in the middle, it doesn’t make any difference how you perform. In fact for the 80% in the middle, chances ar...
by burt
Fri Dec 19, 2014 9:00 am
 
Forum: Personal Finance (Not Investing)
Topic: Having my year end review with my manager, what to expect?
Replies: 30
Views: 2890

Re: Odds of portfolio survival = 90%; odds of my survival =

I’d rather retire at 60 eating oatmeal, than 65 eating hot dogs.
Age 65 seems unreal.

burt
by burt
Thu Dec 18, 2014 7:48 pm
 
Forum: Investing - Theory, News & General
Topic: Odds of portfolio survival = 90%; odds of my survival = 0.1%
Replies: 171
Views: 11637

Re: Helping my dad with his portfolio

Here is a booklet written for a beginner so you may like it and your dad might gain from "Hurdle five" about brokers: http://www.etf.com/docs/IfYouCan.pdf Also click on Amazon to the left column and it will bring you to Boglehead books there. See recommended books in Wiki. I like Boglehea...
by burt
Sat Dec 06, 2014 8:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Helping my dad with his portfolio
Replies: 52
Views: 2609

Re: POLL: Do you personally own a cell phone?

Yes, recently bought a smart phone. Still, trying to figure out why. Told my friend at work that I now have one of those little boxes.....now I don't have to talk to him anymore. Most people look like idiots staring at those little boxes, vs interacting with those around them. OK...maybe it's just m...
by burt
Sat Nov 22, 2014 8:53 pm
 
Forum: Personal Consumer Issues
Topic: POLL: Do you personally own a cell phone?
Replies: 52
Views: 3055

Re: What percent "Boglehead" are you?

Based on my investments.... 100%.
Diversified Index funds.

burt
by burt
Sat Nov 22, 2014 8:19 pm
 
Forum: Investing - Theory, News & General
Topic: What percent "Boglehead" are you?
Replies: 125
Views: 10247

Re: Feeling rich to feeling poor overnight

Employers locate where they do in the perceived interest of the company's owners as filtered through the incentives the owners give to the managers who actually make the decisions, obviously. That's the thought process Usually a significant concentration of tech people are 'settled' in the bay area...
by burt
Sun Oct 26, 2014 6:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Feeling rich to feeling poor overnight
Replies: 85
Views: 11341

Re: Gross Yearly Income needed in Retirement (Speculation)

Hmm, apparently my previous post attempt got lost in the ether.... My wife and I are pretty sure we can live a good life on $50k (current after tax dollars). That would include a couple long vacations a year, some major increases in our hobby spending, and ACA health insurance. We could get by on <...
by burt
Sat Oct 25, 2014 7:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Gross Yearly Income needed in Retirement (Speculation)
Replies: 159
Views: 13534

Re: Feeling rich to feeling poor overnight

Do employers really understand the cost of locating employees in high cost areas? It was a big deal to move all project people on the same floor and wing so we could “collaborate”. However it was not an issue to work share half of the engineering hours to a group half way around the world with a 12 ...
by burt
Sat Oct 25, 2014 6:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Feeling rich to feeling poor overnight
Replies: 85
Views: 11341

Re: When can I afford to buy a home?

Don't buy a home until your job is stable.


burt
by burt
Sun Oct 19, 2014 6:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: When can I afford to buy a home?
Replies: 21
Views: 2785

Re: "I've had it" at work - how often

I'm 52, an Engineering Project Manager, and have this feeling just about everyday now... Ahhh.... I'm not alone. 59, Engineering Leader. Currently more bad days than good days. The day's of fulfillment disappeared in 1996, and are now replaced with survival. Globalization and Shareholder value cont...
by burt
Sun Oct 19, 2014 6:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: "I've had it" at work - how often
Replies: 151
Views: 12886

Re: House broken into--please help

Another thing to keep in mind is that they will likely strike again if they get away with it this time. They will return after they believe the stuff has been replaced by insurance, remember they aren't that bright. Several of the people that I work with have been hit 2 and 3 times. Eventually thei...
by burt
Fri Sep 19, 2014 6:42 pm
 
Forum: Personal Consumer Issues
Topic: House broken into--please help
Replies: 16
Views: 2430

Re: Feeling smug until 10 year ROR from Vanguard

Maybe this is only new to me, but just noticed that Vanguard now has personal 10 year Rate of Return. I've been feeling smug during the past couple years with 5 year personal ROR's in the 9-10 % range. Now I see 10 year personal ROR at 5.1%. From memory I will attempt to paraphrase an author (maybe...
by burt
Sat Sep 13, 2014 6:15 pm
 
Forum: Investing - Theory, News & General
Topic: Feeling smug until 10 year ROR from Vanguard
Replies: 81
Views: 8023

Re: Calculated Spending: Cars

I never hated cars until I moved to a large city 7 years ago.
Even if by luck you don't get smashed the week after purchase, 20k per year commute will make the car worthless after 4 years.

Spend just enough to get reasonable reliability. $10,000 should do it.

burt
by burt
Fri Sep 12, 2014 6:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Calculated Spending: Cars
Replies: 42
Views: 3009

Feeling smug until 10 year ROR from Vanguard

Maybe this is only new to me, but just noticed that Vanguard now has personal 10 year Rate of Return. I've been feeling smug during the past couple years with 5 year personal ROR's in the 9-10 % range. Now I see 10 year personal ROR at 5.1%. From memory I will attempt to paraphrase an author (maybe ...
by burt
Fri Sep 12, 2014 6:15 pm
 
Forum: Investing - Theory, News & General
Topic: Feeling smug until 10 year ROR from Vanguard
Replies: 81
Views: 8023

Re: housing market - houston

I am amazed at how many people are so confident there's a housing bubble. Can they tell me tomorrow's lottery's numbers too? When people are bidding above asking price, that's a pretty good indication of a frothy market. I supposedly have a good job, and can't afford the "tear down" prope...
by burt
Thu Sep 11, 2014 7:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: housing market - houston
Replies: 15
Views: 834

Re: Would you quit over the pretend boss

Exec's don't like being told "no". they don't want you to simply lay the problems back at their feet. They DO want you to propose a way of working through this that solves problems and is visible. I am "disappointed" when someone stops by and sh*ts on my desk. And I tell them so...
by burt
Thu Sep 11, 2014 6:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: Would you quit over the pretend boss
Replies: 33
Views: 3189

Re: Quit/retire - should I do this?

Age 58
$2.5 M savings
$3.5 K/month S.S. @ age 66
No debt
$65 K/yr expenses
$20K/yr fun

It's time. Enjoy.

burt
by burt
Thu Sep 11, 2014 6:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Quit/retire - should I do this?
Replies: 41
Views: 3938

Re: Drawing down a windfall...

Live below your means (you are not doing that).
Financial security is freedom, peace of mind, and tranquility.

burt
by burt
Sat Sep 06, 2014 6:47 pm
 
Forum: Investing - Help with Personal Investments
Topic: Drawing down a windfall...
Replies: 55
Views: 4326

Re: How to become a millionaire retiree -- then and now

I'm only being pedantic about this because I'm convinced that the reason many people don't save for retirement is they're convinced doing so requires a million dollars and that saving that much is "impossible" at their income levels (I don't believe this; a 50% savings rate isn't that har...
by burt
Mon Sep 01, 2014 5:49 pm
 
Forum: Investing - Theory, News & General
Topic: How to become a millionaire retiree -- then and now
Replies: 67
Views: 10484

Re: How to become a millionaire retiree -- then and now

Now, after nearly a whole 30 year public service job I am once again making about what a graduating engineer makes. You're doing OK if 30 year public service job was stable. How I wished that. Moving cross country in search of work really sucks at the age of 48 and 53. "It's not living, it's s...
by burt
Mon Sep 01, 2014 4:25 pm
 
Forum: Investing - Theory, News & General
Topic: How to become a millionaire retiree -- then and now
Replies: 67
Views: 10484

Re: How to become a millionaire retiree -- then and now

Those mean salaries seem rather low to me, so probably include minimum wage and lower workers. Minimum wage was about $1.80 in 1976. So 50 weeks times 40 hours times $1.80 per hour = $3600 a year at minimum wage in 1976, Fresh out of college engineers in 1978 - 1979 made about $30,000 a year with C...
by burt
Sun Aug 31, 2014 7:13 pm
 
Forum: Investing - Theory, News & General
Topic: How to become a millionaire retiree -- then and now
Replies: 67
Views: 10484

Re: Why invest in bonds?

"When you've won the game why keep playing ?" - Bill Bernstein

"Sequence of Returns is a Tough Nut" - burt

burt
by burt
Sun Aug 31, 2014 6:12 pm
 
Forum: Investing - Theory, News & General
Topic: Why invest in bonds?
Replies: 103
Views: 7035

Re: Investors Pour Into Vanguard, Eschewing Stock Pickers

I actually find this just a little bit troubling. No, I am not someone who sells active funds using the "what if everybody indexed" talking point, but I do worry about "will success spoil Vanguard?" Jack Bogle has a essay, is it in "Clash of the Cultures?" about the ri...
by burt
Sat Aug 23, 2014 6:19 pm
 
Forum: Investing - Theory, News & General
Topic: Investors Pour Into Vanguard, Eschewing Stock Pickers
Replies: 70
Views: 7514

Re: To be truly rich, take stock of your life before investi

Toons wrote:"So Why Bother Too Invest?"
Well speaking for myself,it was to eventually put my spouse and myself in a position where we could choose to do want we wanted to do with "our time". :happy


+1
Time...we are not immortal.
Not looking for riches, looking for peace of mind.

burt
by burt
Sat Aug 23, 2014 5:55 pm
 
Forum: Investing - Theory, News & General
Topic: To be truly rich, take stock of your life before investing
Replies: 30
Views: 4689

Re: Renting forever: financial suicide?

Suicide is an inflammatory word, and in the context of renting, it's used by those who want you to buy real estate. Keeping up with the theme, here are some other types of housing related suicide: - financial suicide of buying a house one cannot afford - lifestyle suicide of being cash-poor - life ...
by burt
Sat Aug 23, 2014 4:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Renting forever: financial suicide?
Replies: 92
Views: 11719

Re: Do Private Company's have an advantage ?

Ooops, may have messed this one up. See's is owned by Berkshire Hathaway. Berkshire is a public company. But.....they don't seem interested in competing with Hersey or Nestle. Not interested in being the Global Lord of Candy. Edit ---------------------------------------------------------------------...
by burt
Sat Aug 16, 2014 6:22 pm
 
Forum: Investing - Theory, News & General
Topic: Do Private Company's have an advantage ?
Replies: 11
Views: 785

Re: Do Private Company's have an advantage ?

I think it is public companies who have the advantage as they have easy access to capital. Private companies have to fund everything from cash flow from operations or through debt. I'm thinking Krispy Kreme donuts. Talked to a guy who said their family would drive 30 miles on Sunday morning for fre...
by burt
Sat Aug 16, 2014 5:54 pm
 
Forum: Investing - Theory, News & General
Topic: Do Private Company's have an advantage ?
Replies: 11
Views: 785

Do Private Company's have an advantage ?

Do private companies have an advantage over public companies ? I think of Wegmans grocery stores in the North East (founded 1916. 83 stores. 10 more being built). We would frequently drive 45 minutes one way to go to Wegmans. We loved that store. Wegmans consistently ranks high for employee satisfac...
by burt
Sat Aug 16, 2014 4:39 pm
 
Forum: Investing - Theory, News & General
Topic: Do Private Company's have an advantage ?
Replies: 11
Views: 785

Re: A new stock index: companies with happy employees

Sorry, but I think I'm off topic. I'll start another thread. burt I think of Wegmans grocery stores in the North East (founded 1916. 83 stores). We would frequently drive 45 minutes one way to go to Wegmans. We loved that store. Wegmans consistently ranks high for employee satisfaction. Wegmans is a...
by burt
Fri Aug 15, 2014 7:32 pm
 
Forum: Investing - Theory, News & General
Topic: A new stock index: companies with happy employees
Replies: 23
Views: 2264

Re: Renting forever: financial suicide?

"Landed gentry is a largely historical privileged British social class, consisting of land owners who could live entirely off rental income." Food, clothing, shelter, the basics of life. Amazing how shelter became a speculative casino. Really glad to be stepping off this train next year. b...
by burt
Thu Aug 14, 2014 7:22 pm
 
Forum: Personal Finance (Not Investing)
Topic: Renting forever: financial suicide?
Replies: 92
Views: 11719

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

This thread reminds me that my 59-year-old husband (in apparently vibrant health, and having meticulously cared for himself via lifestyle and regular physician visits due to family history) and I were planning a dream trip to Finland for last summer. We were having so much fun planning it. Sadly an...
by burt
Fri Aug 08, 2014 6:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: That sudden moment when Money is not a Problem
Replies: 33
Views: 6942

Re: Landlording for long-term wealth? Who's doing it?

Probably been discussed before but here is my take. Re-watching "The Flaw" on Netflix. There are "goods" and there are "assets" "Goods" are those items which are consumed (cars, dishwashers, clothes, food, i-phones, etc) "Assets" are those items whic...
by burt
Sat Aug 02, 2014 6:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Landlording for long-term wealth? Who's doing it?
Replies: 68
Views: 8342

Re: Landlording for long-term wealth? Who's doing it?

I have been a landlord for 50 years. I'm sure you know this, but it's more hands on than Boglehead type investing. You are lucky to have a good tenant. I am almost 71 years old. All my rentals are paid off, so I have good cash flow. It can be financially rewarding but keep in mind there will be man...
by burt
Fri Aug 01, 2014 7:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Landlording for long-term wealth? Who's doing it?
Replies: 68
Views: 8342

Re: Principal Residence = Poor Investment?

It comes down to:

How long do you plan to live in the home ?

How much control do you have in deciding to live in the home ?

burt
by burt
Fri Aug 01, 2014 7:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Principal Residence = Poor Investment?
Replies: 70
Views: 5600
Next

Return to advanced search