Search found 1417 matches

by freebeer
Mon Aug 31, 2015 1:01 am
Forum: Personal Finance (Not Investing)
Topic: If you lost your job, what expenses would you keep/get rid of?
Replies: 27
Views: 2639

Re: If you lost your job, what expenses would you keep/get rid of?

I am curious as to what others would do given this situation... Suits, ties, and dress shirts - gone Dry cleaning - gone Paying a premium for 100Mb broadband for working from home - gone (maybe) 401K contributions - gone (would use the low tax bracket opportunity to do Roth conversions to minimize ...
by freebeer
Wed Aug 19, 2015 11:37 pm
Forum: Personal Finance (Not Investing)
Topic: How Bad Does My New Property Management Company Sound?
Replies: 9
Views: 1449

Re: How Bad Does My New Property Management Company Sound?

My leases specifically say that I don't guarantee that the place will be ready the first day--this is because there is NOTHING I can do to make someone in the place leave on time and often I am moving someone out and someone in within 24 hours---does make cleaning difficult!! ... Wow... my property...
by freebeer
Wed Aug 19, 2015 8:02 pm
Forum: Personal Consumer Issues
Topic: What's a Bug Out Bag and who uses them?
Replies: 67
Views: 7768

Re: What's a Bug Out Bag and who uses them?

...Friends of mine were recently given 15 minutes to get out of their house & stay out for approx 4 days (wildfire). Other friends were out shopping & weren't allowed to go back home at all... I suspect that this wasn't a total surprise out of nowhere but rather that your friends actually h...
by freebeer
Wed Aug 19, 2015 5:22 pm
Forum: Investing - Theory, News & General
Topic: Bogle: retirees should focus on dividends
Replies: 157
Views: 15535

Re: Bogle: retirees should focus on dividends

The last couple of comments do bring up the issue that people living in retirement from 401K or IRA don't get dividend checks, so ???? Well...exactly. Does Bogle's dividend strategy apply to investors who have their entire portfolio in 401Ks and IRA's? That's a good question. I doubt that Mr. Bogle...
by freebeer
Tue Aug 18, 2015 5:50 pm
Forum: Investing - Theory, News & General
Topic: Piling into emerging markets
Replies: 67
Views: 7814

Re: Piling into emerging markets

...If one is using rebalancing bands like I do, then the chance that one hits a rebalancing band on the lowest day of the year for that asset class is actually quite high. So could you explain the bands (or point to a post, I know you are prolific so probably I have missed explanations)? It would b...
by freebeer
Tue Aug 18, 2015 5:45 pm
Forum: Investing - Theory, News & General
Topic: Piling into emerging markets
Replies: 67
Views: 7814

Re: Piling into emerging markets

livesoft wrote:Personally, I don't think capitulation has happened yet, so no, I am not rebalancing into EM yet.


livesoft, do you market time your rebalancing in general or is EM a special case?
by freebeer
Tue Aug 18, 2015 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: My retirement number..is this realistic?
Replies: 18
Views: 2229

Re: My retirement number..is this realistic?

congratulations on your having already saved a considerable amount! - you don't mention the value of your home equity, it would be one thing if you already have $300K equity and another if you are under water or barely above the loan balance. - $150K seems light for college funds for 3 kids, and It ...
by freebeer
Mon Aug 17, 2015 10:27 am
Forum: Investing - Theory, News & General
Topic: Build Your Own Robo-Advisor
Replies: 21
Views: 2420

Re: Build Your Own Robo-Advisor

I agree that all you really need is a spreadsheet to do this for free on Vanguard. As I mentioned, this is what I do and it's why I posted my spreadsheet on the other thread. The point was to show that you could build your own robo-advisor with about as much effort as signing up for Betterment, for...
by freebeer
Sat Aug 15, 2015 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Retiring Couple with some money to invest
Replies: 11
Views: 1714

Re: Retiring Couple with some money to invest

You will make $3900 p/m or $46,800 p/y. You have a $200k mortgage. You have 110k in a taxable account. You have 39k in retirement accounts. And you will make 60k the next two years. Could be just me, but I don't think you have enough money to do what you want. Add the 110 to the 39 and the, let's s...
by freebeer
Sat Aug 15, 2015 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Please advise how to spend down retirement assets without altering our asset allocation
Replies: 12
Views: 1259

Re: Thanks for your ideas and comments

... Freebeer and others, re : my asset allocation: When I set up this a.a., I was just retiring and moving to a new city and buying a house, etc., etc., and just didn't know how the money was going to work out. That was almost 8 years ago. Now we have four grandchildren and various other developmen...
by freebeer
Fri Aug 14, 2015 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Please advise how to spend down retirement assets without altering our asset allocation
Replies: 12
Views: 1259

Re: Please advise how to spend down retirement assets without altering our asset allocation

I'm newly 64 ... our tax-deferred investments, which total in the high six-figures. There is a small gap between our income and expenses, around $1,000 to $2,000 per month... The question is, which of our tax-deferred assets should we harvest, and in what order, to fill this gap, until we start tak...
by freebeer
Fri Aug 14, 2015 10:42 am
Forum: Investing - Theory, News & General
Topic: Money Mag:Why Vanguard Founder Jack Bogle Doesn’t Like Investing in Foreign Markets
Replies: 64
Views: 6746

Re: Money Mag:Why Vanguard Founder Jack Bogle Doesn’t Like Investing in Foreign Markets

...I'm not an advocate of the "never bet against America" theory, but I don't see any near future risks of failure in the US vs. International market that can't be overcome by maintaining a strong savings rate. Optimal performance is a very different matter, and future generations situati...
by freebeer
Thu Aug 13, 2015 2:28 pm
Forum: Personal Consumer Issues
Topic: Has car buying improved in South Florida improved since 2002?
Replies: 24
Views: 2096

Re: Has car buying improved in South Florida improved since 2002?

It will be helpful and calming to read some books by Carl Hiaasen before doing business in South Florida
by freebeer
Thu Aug 13, 2015 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Why do certain employers make you wait a year to contribute to 401k?
Replies: 34
Views: 3079

Re: Why do certain employers make you wait a year to contribute to 401k?

...Not maxing my 401k for a year is gonna increase my tax liability to at least 8k for that year. I don't know anybody who would just be willing to light $8k on fire... This is an exaggeration... you can't consider that your $18k 401k contribution has saved you $8k in taxes as you will eventually p...
by freebeer
Thu Aug 06, 2015 12:14 am
Forum: Personal Consumer Issues
Topic: Paris Itinerary questions
Replies: 33
Views: 1697

Re: Paris Itinerary questions

I recommend a few days in Rambouillet, this is on the end of one of the RER commuter train lines from central Paris (and the airports) so it is easy to access, very scenic with forest, farms/vineyards, and a nice historic chateau. And some lovely restaurants in the area. Not a major tourist destinat...
by freebeer
Tue Aug 04, 2015 10:53 pm
Forum: Investing - Theory, News & General
Topic: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios
Replies: 119
Views: 10834

Re: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios

...If you disagree with his conclusions then point to the specific assumption or formula he uses that you disagree with... To jump in here, I'm not sure on what basis Dr. Pfau made his assumptions of going-forwards real returns of 6% for stocks and 1% for bonds (they didn't seem to be justified in ...
by freebeer
Tue Aug 04, 2015 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Putting a dollar figure to commute time
Replies: 8
Views: 998

Re: Putting a dollar figure to commute time

livesoft wrote:I thought there was a long thread on the subject. Let me see if I can find it.


thread?? Mr Money Mustache is a whole blog about this :wink:
by freebeer
Tue Aug 04, 2015 3:17 pm
Forum: Personal Consumer Issues
Topic: Hike the Pacific Crest Trail/JMT
Replies: 59
Views: 6706

Re: Hike the Pacific Crest Trail/JMT

... it can be much easier to get a start from Tuolumne Meadows than from the Valley. This cuts off a little less than 20 miles but significantly increases your chances of success... and that's not just about getting the permits it's also that starting at 8600 ft elevation instead of 4000 ft makes a...
by freebeer
Tue Aug 04, 2015 12:45 am
Forum: Investing - Theory, News & General
Topic: Allan Roth Says Not to Load Up on Muni Bonds
Replies: 101
Views: 8486

Re: Allan Roth Says Not to Load Up on Muni Bonds

The bottom line is that the money comes in, and that's not a matter of dispute. I'm not going to argue with cash in my pocket. This is not theoretical. I don't think the argument is about the money in your pocket, it's about the fact that you're probably measuring it the wrong way. That is, you're ...
by freebeer
Mon Aug 03, 2015 11:57 pm
Forum: Personal Finance (Not Investing)
Topic: Commit to Lifelong Renting in Bay area?
Replies: 18
Views: 2248

Re: Commit to Lifelong Renting in Bay area?

The latest post by Mr. Money Mustache seems on topic although it's overtly about the situation in Toronto: http://www.mrmoneymustache.com/2015/07/27/rent-vs-buy/
by freebeer
Mon Aug 03, 2015 6:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to get a job as a software developer?
Replies: 54
Views: 5278

Re: How to get a job as a software developer?

Build something. Find an open source project to contribute to or create an app. Personally I think this will go much further than just studying to get a certification. Actual experience trumps studying to pass a test, and it will make it easier for you to hold onto the job once you get it. Programm...
by freebeer
Sat Aug 01, 2015 11:01 pm
Forum: Investing - Theory, News & General
Topic: How has the 4% rule held up since the tech bubble and the 2008 crisis
Replies: 45
Views: 6892

Re: How has the 4% rule held up since the tech bubble and the 2008 crisis

4% rule is far from safe unless you are planning for a very short retirement.... Disagree, unless you count a 25 year retirement as "short". http://www.bogleheads.org/forum/viewtopic.php?f=10&t=167066bog This was the best summary of the "firesim" like calculations I've seen....
by freebeer
Fri Jul 31, 2015 12:16 am
Forum: Personal Finance (Not Investing)
Topic: Wait... What? [IRA and taxation]
Replies: 42
Views: 5327

Re: Wait... What?

Well, you thought wrong. All traditional 401K/IRA withdrawals are taxed as ordinary income, which does reduce the appeal of a traditional 401K somewhat (but not enough to make taxable investing a better deal for most people, although that depends on a number of factors including your marginal tax ra...
by freebeer
Wed Jul 29, 2015 6:11 pm
Forum: Personal Consumer Issues
Topic: Mandatory vehicle collision avoidance systems are coming
Replies: 43
Views: 3037

Re: Mandatory vehicle collision avoidance systems are coming

Considering the modest added expense per vehicle, with camera, sensor, controller, and CPU costs continuing to plummet due to Moore's Law, the net benefit to society of reduction in injuries and deaths, and freed up time to do other things besides be a driver, will be huge. The liquor industry alone...
by freebeer
Tue Jul 28, 2015 6:49 pm
Forum: Personal Consumer Issues
Topic: wife got in wreck with Honda CRV - no collison coverage
Replies: 113
Views: 6990

Re: wife got in wreck with Honda CRV - no collison coverage

... I made a big mistake of dropping collision coverage on the CRV months ago to save on the insurance premiums... Well, don't be too hard on yourself. With the high premiums the insurance might have been a very bad deal. That your wife happened to have another accident may have been just chance. A...
by freebeer
Sun Jul 26, 2015 11:39 am
Forum: Personal Consumer Issues
Topic: Would you look down on a co-worker for driving a beater?
Replies: 196
Views: 13782

Re: Would you look down on a co-worker for driving a beater?

... people are going to see my car when I drive up. It will probably be the worst looking car on the lot. I work in a somewhat professional field. Could driving a beater like this affect my co-workers' and/or management's opinion about me which could affect future promotional opportunities and the ...
by freebeer
Sun Jul 05, 2015 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: New home purchase - How much do I put down?
Replies: 9
Views: 1541

Re: New home purchase - How much do I put down?

$950K (post-remodel basis) is quite a large amount for a first home, or really for any home. If I were in your shoes I would be looking to maximize leverage to retain liquidity and minimize risk just in case something goes south, as long as not paying too high a % interest rate or having to do PMI o...
by freebeer
Sun Jul 05, 2015 7:01 pm
Forum: Investing - Theory, News & General
Topic: BullionDirect.com suspends operations. Looks like another implosion/scam
Replies: 67
Views: 6407

Re: BullionDirect.com suspends operations. Looks like another implosion/scam

...We are paid a "salary" because Roman soldiers were paid in salt. ... Just a minor point: this origin for the word "salarium" was effectively a just so story of Pliny, writing in the 1st Century AD, at which point Roman soldiers were and had been for the entire historical reco...
by freebeer
Mon Jun 08, 2015 7:44 am
Forum: Personal Finance (Not Investing)
Topic: Putting off Social Security until 70
Replies: 89
Views: 8293

Re: Putting off Social Security until 70

...for people with no other financial resources taking Social Security at age 62 beats going on welfare... I'm not so sure about that. My Mom took Social Security at age 62, in part because she perceived herself to be in poorer than average health (she had been a smoker from age 13 until then) but ...
by freebeer
Fri Jun 05, 2015 9:48 am
Forum: Investing - Theory, News & General
Topic: 5% of year-end portfolio balance for a 35-year SWR?
Replies: 38
Views: 5080

Re: 5% of year-end portfolio balance for a 35-year SWR?

I would repeat the PMT() calculation every year to see the maximum withdrawal rate to use. That's what some of us call VPW ( wiki:Variable percentage withdrawal ). Well, as I understand it VPW is one particular algorithm for such a calculation, embodied in one particular Excel spreadsheet. But it w...
by freebeer
Mon Jun 01, 2015 7:58 pm
Forum: Investing - Help with Personal Investments
Topic: do tax-managed funds really pay lower dividends/
Replies: 4
Views: 483

Re: do tax-managed funds really pay lower dividends/

... The SEC yield of a stock fund is the current dividend yield of the stocks it holds, minus expenses. This is 1.64% for VTCLX, 1.83% for VONE, with equal expenses for the two funds. Now that's the kind of simplistic calculation I can fully get behind! Thus the tax-managed fund has a slight emphas...
by freebeer
Mon Jun 01, 2015 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: do tax-managed funds really pay lower dividends/
Replies: 4
Views: 483

Re: do tax-managed funds really pay lower dividends/

Here is a thread on how to calculate tax-efficiency for yourself: https://www.bogleheads.org/forum/viewtopic.php?t=158519 Thank you livesoft. Wow though, having to code up an 8-step algorithm... uh... seems a bit burdensome. I guess I am spoiled by all the information automatically calculated by va...
by freebeer
Mon Jun 01, 2015 8:32 am
Forum: Investing - Help with Personal Investments
Topic: do tax-managed funds really pay lower dividends/
Replies: 4
Views: 483

do tax-managed funds really pay lower dividends/

I am a bit confused perhaps just about calculating dividend returns or maybe something more fundamental about tax-managed funds. According to Vanguard its Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) "... attempts to track the [Russell 1000] benchmark, while minimizing taxable g...
by freebeer
Sun May 24, 2015 3:35 pm
Forum: Investing - Theory, News & General
Topic: Mt Hood: 5% chance of eruption in next 30 years.
Replies: 12
Views: 2147

Re: Mt Hood: 5% chance of eruption in next 30 years.

So says USGS. That number struck me as analogous to the standard 4% SWR recommendation: withdraw 4% inflation adjusted per year, and you have only a 5% chance of running out of money over 30 years. That made me wonder. Counting on a 95% success rate in your portfolio should be no different than dec...
by freebeer
Thu May 14, 2015 12:52 am
Forum: Investing - Theory, News & General
Topic: Interactive Brokers (Best Kept Secret)
Replies: 63
Views: 7279

Re: Interactive Brokers (Best Kept Secret)

Is there a conspiracy against this company ... If you like to invest in stocks, then this is an absolute no-brainer. ...I just feel like this community needs to know about this secret... Uh, this community generally doesn't like to speculate on individual stocks since that is contrary to Bogleheads...
by freebeer
Thu May 14, 2015 12:43 am
Forum: Personal Consumer Issues
Topic: Can a room with only a toilet be considered a bathroom?
Replies: 28
Views: 2492

Re: Can a toilet alone in a room be considered a bathroom?

Seattle has more than a few of these in its older (and basement-rich) housing stock but I've never heard of such basement toilets being called "1/4 baths". They are just "bonus" plumbing features in the basement (and often pretty weird/gross). If anything there's a disincentive t...
by freebeer
Mon May 04, 2015 2:12 pm
Forum: Personal Consumer Issues
Topic: Will you buy self-driving car?
Replies: 235
Views: 12085

Re: Will you buy self-driving car?

Nope, not a chance in hell. I have been in software development for 40 years. I know what crap is under the hood (so to speak). I would still rather fly on a de Havilland DHC-6 Twin Otter than any Airbus plane. So, do you have any data about the objective safety record of de Havilland DHC-6 Twin Ot...
by freebeer
Sun May 03, 2015 10:12 pm
Forum: Personal Consumer Issues
Topic: Will you buy self-driving car?
Replies: 235
Views: 12085

Re: Will you buy self-driving car?

Nope, not a chance in hell. I have been in software development for 40 years. I know what crap is under the hood (so to speak). I would still rather fly on a de Havilland DHC-6 Twin Otter than any Airbus plane. So, do you have any data about the objective safety record of de Havilland DHC-6 Twin Ot...
by freebeer
Sun May 03, 2015 10:12 pm
Forum: Personal Consumer Issues
Topic: Will you buy self-driving car?
Replies: 235
Views: 12085

Re: Will you buy self-driving car?

Nope, not a chance in hell. I have been in software development for 40 years. I know what crap is under the hood (so to speak). I would still rather fly on a de Havilland DHC-6 Twin Otter than any Airbus plane. So, do you have any data about the objective safety record of de Havilland DHC-6 Twin Ot...
by freebeer
Wed Apr 29, 2015 6:10 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement with 401(k)'s and IRA's
Replies: 16
Views: 2155

Re: Early Retirement with 401(k)'s and IRA's

SaraSV, the Guide, like the Wiki it's drawn from, is oriented towards people in typical situations (I think it even says so somewhere but I can't locate the reference at the moment). Planning to retire at 49 is atypical so it should not be surprising if the blanket advice is not fully applicable. In...
by freebeer
Wed Apr 29, 2015 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Co-sign on spouse's student loans?
Replies: 47
Views: 3796

Re: Co-sign on spouse's student loans?

So I guess for me the steps are going to consist of: ... It's a good plan, but if you don't already have it--get life insurance. It should be really cheap at your age. You really should have it regardless of this situation, but this situation calls for it all the more. I disagree especially with th...
by freebeer
Wed Apr 29, 2015 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Co-sign on spouse's student loans?
Replies: 47
Views: 3796

Re: Co-sign on spouse's student loans?

So I guess for me the steps are going to consist of: ... It's a good plan, but if you don't already have it--get life insurance. It should be really cheap at your age. You really should have it regardless of this situation, but this situation calls for it all the more. I disagree especially with th...
by freebeer
Mon Apr 27, 2015 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: lost a bid for questionable practice of seller's agent
Replies: 28
Views: 3797

Re: lost a bid for questionable practice of seller's agent

I would talk to the broker (owner of office) where the seller's agent works. There is a Realtor code of ethics ( http://www.realtor.org/governance/governing-documents/the-code-of-ethics ) that goes above and beyond state statutes, and most real estate offices will be members. The broker would probab...
by freebeer
Mon Apr 27, 2015 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Feel like I made a mistake with buying a house: appreciation
Replies: 43
Views: 5411

Re: Feel like I made a mistake with buying a house: apprecia

I think other posters are giving you too hard a time. Most home buyers don't think about their home primarily as an investment. So most don't aim to buy for maximum appreciation potential, as other factors are more important to them. And the housing market especially for single-family homes is not a...
by freebeer
Mon Apr 27, 2015 8:47 am
Forum: Personal Consumer Issues
Topic: South America [vacation recommendations]
Replies: 32
Views: 2897

Re: If You Were Going To S. America ...

I really enjoyed Ecuador - volcano climbing, interesting culture, and a small slice of the Amazon basin as well. Quito has big-city crime issues (thus no-go places and times) but I felt extremely safe in the rest of the country, including the lovely resort town Banos. Spanish is spoken slowly, class...
by freebeer
Fri Apr 24, 2015 9:26 am
Forum: Personal Finance (Not Investing)
Topic: [How do I lead a discussion about saving for retirement?]
Replies: 38
Views: 4539

Re: 1/3 of those SAVING for retirement have less than $1000

OP, regarding your specific actionable question about qualifications for doing a talk, I think you can just go for it. But remember that the alarmist report was published by a group with a board that's a who's-who of financial institutions with a vested interest in increasing funds under management....
by freebeer
Wed Apr 22, 2015 11:21 pm
Forum: Investing - Theory, News & General
Topic: Retirees: What is your SWR in retirement?
Replies: 45
Views: 4420

Re: Retirees: What is your SWR in retirement?

A 3% rule for a 30 year retirement worked in all historical scenarios, even if you retired just before the great depression. However if you use a Monte Carlo simulation instead of historical data and assume 7% return, 2% inflation, and 20% standard deviation, a 3% rule only works in 73% of scenario...
by freebeer
Wed Apr 22, 2015 8:34 pm
Forum: Personal Consumer Issues
Topic: Living in New Hampshire?
Replies: 35
Views: 3058

Re: Living in New Hampshire?

I think the Upper Valley region is quite nice (having visited in-laws many times in all seasons, but never lived there), it's along the Connecticut River bordering Vermont, centered around Hanover (Dartmouth). Close to White Mountains and other great hiking (Appalachian Trail goes through downtown H...
by freebeer
Mon Apr 20, 2015 7:57 pm
Forum: Personal Consumer Issues
Topic: [What is safest vehicle on the road today that I can buy?]
Replies: 114
Views: 9116

Re: What is safest vehicle on the road today?

2015 MERCEDES-BENZ ML-CLASS SUV 4WD because this site says so: http://www.informedforlife.org/ actually, no, it culls from the list larger vehicles who are safer only because of their mass, see the note at bottom and the link to http://www.informedforlife.org/viewartcl.php?index=83 . So the 2015 ME...
by freebeer
Tue Apr 14, 2015 4:18 am
Forum: Investing - Theory, News & General
Topic: WSJ: You may need less than 80% in retirement
Replies: 98
Views: 10044

Re: Finally some good news on retirement

This is silly. Nobody should plan a retirement budget on income, past, present, or future. You start with a budget which should be divided into discretionary and bottom-line expenses. From that you determine income requirements. It is totally backwards to start from income and from that determine a...

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