Search found 24 matches

by ColoradoRick
Tue Jan 16, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Friend Got Laid Off - Advice Needed
Replies: 46
Views: 4690

Re: Friend Got Laid Off - Advice Needed

Old Sport it's great your friend is a Boglehead. Though you didn't ask, I would give the advice to you. Take him to a pro hockey or pro basketball game, bowling, etc. He is grieving for his job loss. I saw it in my friends. They never thought it would happen to them (you said he was shocked.) BE A G...
by ColoradoRick
Mon Jan 15, 2018 11:52 pm
Forum: Local Chapters and Bogleheads Community
Topic: metro Denver Bogleheads?
Replies: 20
Views: 2577

Re: metro Denver Bogleheads?

I'm still in
by ColoradoRick
Mon Jan 15, 2018 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 124
Views: 7433

Re: Stats on When People Take Social Security

Yes, if you are unemployed at 62 it is very likely you need the SS then. The people I know that for sure elected SS earlier than 70 did not have a choice in any practical sense. Please know that there are some of us who: 1. Have a sizeable nest egg; 2. Have a much higher level of financial training...
by ColoradoRick
Thu Jan 11, 2018 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Somewhat rhetorical question...
Replies: 10
Views: 702

Re: Somewhat rhetorical question...

How does Computershare stay in business? By fluke and laziness I have held about 24 shares of home depot stock with them for years. Besides continuing to pay an enormous (percentage wise) amount for having dividends reinvested I was even more 'amazed' at this company when I went to finally sell the...
by ColoradoRick
Sun Jan 07, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Do we have too much in bonds?
Replies: 25
Views: 2576

Re: Do we have too much in bonds?

OP - congrats, you have won the game...enjoy. As far as your DW not wanting to retire I would respect her wishes for the following reasons: 1) many retirement books I have read recommend staggering your retirement dates; 2) I love my wife but as you will learn 24/7 is a lot compared to your working ...
by ColoradoRick
Sun Jan 07, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 215
Views: 22842

Re: Hitting The Sell Button

Stormbringer wrote: ↑
Fri Jan 05, 2018 8:10 am
What I've been selling is BONDS ... and building a CD ladder in my 401(k) instead. The yields a bit higher and I don't have to worry about principal loss.
+1
by ColoradoRick
Fri Jan 05, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 76
Views: 8043

Re: Talk me out of a 60/40 AA

But why not 100% stocks then? Heck why not lever up to 110%? This is what I'm missing - increasing the stock AA from 60/40 to 80/20 has less than a 1% increase in CAGR in every 10+ year period I've looked at. You have to shorten the window to < 5 years before I've found a meaningful increase in CAG...
by ColoradoRick
Fri Sep 15, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund in my portfolio?
Replies: 42
Views: 4425

Re: Vanguard Health Care Fund in my portfolio?

A previous poster posted this: My thought on the sector is that it has greatly outperformed the rest of the market for a sustained period. Also the demographics are right with baby boomers already starting to retire. Even if the US goes to a single payer system there are a lot of people that will st...
by ColoradoRick
Tue Sep 12, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Retirees-anyone miscalculate how much was needed?
Replies: 71
Views: 9677

Re: Retirees-anyone miscalculate how much was needed?

I was miserable the last 4 years of my 39 year career (rest were great!). I'd tracked our expenses for 10 years prior. I was so unhappy at my job that in consultation with my wife I was prepared to live on 80% of what we lived on before, even with 25X yearly income. We were pretty conservative the f...
by ColoradoRick
Sun Jun 25, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 16299

Re: Anyone else gotten totally bored with investing?

Dear OP - like your real life, enjoy whatever state you are in. When I enjoyed the intellectual challenge of trading blue chips, the return made it fun and occupied my hours when I was first retired. I still read everything financial I could get my hands on. After 3 years, again as an intellectual e...
by ColoradoRick
Fri Jun 09, 2017 9:20 am
Forum: Investing - Theory, News & General
Topic: Retirees: What are you doing about withdrawing?
Replies: 31
Views: 5097

Re: Retirees: What are you doing about withdrawing?

1) we put all our tax deferred retirement assets in Vanguard.
2) went to automatic withdrawals and replicated my paycheck 1x/month less SS
3) repeat
4) deal with one time issues (house painting) as needed
by ColoradoRick
Tue Jun 06, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Play Money for Spouse....
Replies: 138
Views: 12300

Re: Play Money for Spouse....

OP - sounds like through the thread you are on the right path. I'll give you our personal experience just for laughs. My DW is fairly frugal, but wanted an allowance ($400/mo) for guilt free purchases. Worked fine while she wasn't working. After I retired, she got a consulting job that paid $20,000/...
by ColoradoRick
Fri May 19, 2017 9:55 pm
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 4074

Re: I am a huge believer in Passive Indexing.. but.....

OP - first congrats! Enjoy your success. 2nd is Questions I'd ask myself: Do you enjoy the process of picking the stocks? Are you willing to spend the time to monitor them? How would you feel if the stocks you picked fell 50%? Would you hang in there, or would you forever kick yourself and sell at t...
by ColoradoRick
Thu Apr 06, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 10174

Re: Spending beyond my means, I think..is my budget out of whack?

To: runner 540 - 8% used was nominal; not real. I realize you and many others would be uncomfortable with this. I realize what inflation will do; but with the resumption of his aggressive savings and a high stock allocation at his relatively young age it would be my OPINION that it would balance out...
by ColoradoRick
Wed Apr 05, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 10174

Re: Spending beyond my means, I think..is my budget out of whack?

You're 35 & have $325M in savings. GREAT JOB! If I were you (which I am not) I would cut back for 2 years on my savings some and use that to give you some breathing room. You love your home, your pre-schools and your life. Back of the napkin rationale: in 27 years you'll be 62. Figuring an 8% return...
by ColoradoRick
Sat Apr 01, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Retired 5 to 10 years? How has this bull changed your spending?
Replies: 13
Views: 1809

Re: Retired 5 to 10 years? How has this bull changed your spending?

Retired almost 5 years. Withdrawing slightly more than 4% of original balance (4.5%) and I realize that would make most BHs uncomfortable. But haven't really increased it from day we retired. We didn't take nice vacations when raising family, anything left over after savings went to kids & their tui...
by ColoradoRick
Mon Mar 13, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: WSJ Digital Subscription - a bargain!
Replies: 75
Views: 20502

Re: WSJ Digital Subscription - a bargain!

I buy the hardcopy WSJ as a new subscriber after my 6 month or 1 year introductory offer expires. Their regular rate to me of $400/year and their credit card automatic opt-in (don't get me started; everything should be opt in, not a required opt out) are too expensive. Being a baby boomer who likes ...
by ColoradoRick
Sat Mar 04, 2017 3:05 pm
Forum: Personal Consumer Issues
Topic: Oil Change Advice Honda CR-V
Replies: 40
Views: 10325

Oil Change Advice Honda CR-V

Hello any shade tree mechanics....my DW & I bought here a new Honda CR-V last August. I asked her to get the oil changed and the dealer service department said wait until the light goes on. She drives very little (2500 miles so far) but also besides milage isn't there a time when oil starts to break...
by ColoradoRick
Sat Mar 04, 2017 7:01 am
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 18931

Re: Possibly Financially Independent and Feeling Miserable

Dear Random Poster - thanks for the courage of sharing....there are more of us out there than you think. I used to be that way. I update my net worth sheet monthly unless the market is running up then weekly. When it is in a bear market I update quarterly. I have changed it from my vocation to my ho...
by ColoradoRick
Thu Mar 02, 2017 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Timing the Market (just once)
Replies: 37
Views: 3585

Re: Timing the Market (just once)

Take heart. Just being on this forum means there is a high probability of reaching your goals. I am new to posting, but have acted like a Boglehead for 30 years (with some HUGE mistakes when I didn't) but am enjoying the life I dreamed about because I stayed the course. I understand reversion to the...
by ColoradoRick
Wed Feb 15, 2017 8:14 am
Forum: Personal Consumer Issues
Topic: Visiting Downtown Denver in late March without car.
Replies: 19
Views: 1627

Re: Visiting Downtown Denver in late March without car.

You will also be only a couple of blocks away from the FREE 16th Street Mall Bus. It'll take you from the City County Building down to Union Station and everywhere in between. Lots to see and do there (people watch at "The Market" on Larimar Square/Library/Art Museum/plays at convention center/comed...
by ColoradoRick
Sat Feb 04, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Help with sudden death of young father Re: SS
Replies: 10
Views: 2000

Re: Help with sudden death of young father Re: SS

Just wanted to +1 about the fine job they do at the SS offices with a personal appointment. Might not be as convenient as calling but I felt it was much more effective. Mine was about early retirement, but the professional way they patiently answered my questions and actually helped me maximize my b...
by ColoradoRick
Sat Feb 04, 2017 6:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: metro Denver Bogleheads?
Replies: 20
Views: 2577

Re: metro Denver Bogleheads?

If you all decide to have it Bellevue or south I would be in.
by ColoradoRick
Sat Aug 27, 2016 12:20 pm
Forum: Investing - Theory, News & General
Topic: Adding Inflation Protection to a Portfolio
Replies: 14
Views: 1928

Re: Adding Inflation Protection to a Portfolio

Wow - - great job on synthesis (sincerely). Thought I would add another perspective in this age of minuscule savings rates. I built a 7 yr CD ladder out of FDIC insured thru Vanguard, one maturing every January. The amount is my annual withdrawal. It is 7 years long which I feel will enable you to w...