Search found 450 matches

by Kalo
Fri Jan 19, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 47
Views: 4161

Re: 1,000th post and a 'No-Fail' Retirement Formula

Re the OP i have a couple of questions. 1) Where does the .03 come from in the formula? Does it represent a safe withdrawal rate? How did you choose that value? 2) How is it that this formula doesn't need to consider the portfolio's AA? Or expected return? I did the calculation for my own situation,...
by Kalo
Thu Jan 18, 2018 3:25 am
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 47
Views: 4161

Re: 1,000th post and a 'No-Fail' Retirement Formula

Does the formula account for people who are already in retirement but not yet drawing SS?

Kalo
by Kalo
Wed Jan 17, 2018 11:31 pm
Forum: Investing - Theory, News & General
Topic: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years
Replies: 81
Views: 7676

Re: 70% chance of correction in 2018 according to Vanguard - Highest in 15 years

I read a post by another Boglehead in another thread where he or she mentioned that it's not just knowing whether the market is overvalued, but you also have to know whether the market participants collectively think the market is overvalued. I thought that was a really good explanation of why it's ...
by Kalo
Tue Jan 16, 2018 1:56 am
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 169
Views: 18363

Re: Are you finding any good values at Amazon anymore?

My problem with Amazon is that they give too little info about the product you've clicked on, yet lots of ads for other products you may like based on the product you are viewing. Not always but I especially notice this with higher end items. Also, they put things way down below, intermingled with a...
by Kalo
Tue Jan 16, 2018 1:24 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 316
Views: 23512

Re: What frugal thing did you do today?

I filled ice cube trays instead of going to the store for a bag of ice. But the reason is we had snow and ice and I didn't want to go out in it. Might keep it up now tho. Could save me eight or ten bucks a month. And better cubes. Have really nice trays from some premium store I can't remember the n...
by Kalo
Mon Jan 15, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 170
Views: 11173

Re: Stats on When People Take Social Security

I'm planning to delay because I want to do Roth conversions, and for the old age insurance aspect. Longevity runs in my family, although I don't feel particularly confident I will live a long life myself. I actually have more confidence that SS will be there for me than I do in the markets providing...
by Kalo
Tue Jan 09, 2018 2:23 am
Forum: Personal Finance (Not Investing)
Topic: Can you ever win the game?
Replies: 50
Views: 5156

Re: Can you ever win the game?

Hi, Thanks for your response DBR, you said you are not sure my question even makes sense. I posted it in response to the postings on "Memos to those who have won the game: it's time to quit playing." I understand some posters to say because of inflation, future medical costs, wanting to leave inher...
by Kalo
Sun Jan 07, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: An economist dismisses the idea of dollar cost averaging
Replies: 71
Views: 5365

Re: An economist dismisses the idea of dollar cost averaging

I view it more like Schroedinger's cat. It is both a mistake to dca and a mistake not to. But you won't know which is true until time elapses, at which point you will know. Arguably, you are twice as likely to benefit from lump summing. But that fact will be cold comfort to the lump summer if the ma...
by Kalo
Thu Jan 04, 2018 1:15 am
Forum: Investing - Theory, News & General
Topic: Hitting The Sell Button
Replies: 222
Views: 24831

Re: Hitting The Sell Button

I've been selling gradually for the last year or two. Buying short term bond fund. May create a tips ladder. I've had enough excitement during the last two big bears (dot com and 2008). I guess I'm waving the white flag. But I'd rather be half as well off but still well above the poverty level than ...
by Kalo
Thu Jan 04, 2018 12:57 am
Forum: Personal Consumer Issues
Topic: Do you have a antivirus for you Android phone?
Replies: 20
Views: 1388

Re: Do you have a antivirus for you Android phone?

I don't. Anything i do on my Android is saved in the cloud. So worst case scenario is factory reset and relog into my Google account.

Kalo
by Kalo
Thu Jan 04, 2018 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 131
Views: 12158

Re: Embarrassment Preventing Retirement Work: A factor for you?

BTW, at the corporate and regional level McDonalds has lots of mechanical and industrial engineers and professional people to run a multi billion dollars business so I would not be quick to assume that you it would be so easy to improve on the restraunts operation. I don’t know. I recently bought a...
by Kalo
Wed Jan 03, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: Risk tolerance / Capacity & Can I sleep at night
Replies: 9
Views: 709

Re: Risk tolerance / Capacity & Can I sleep at night

I think about this subject quite a lot as I've been retired now for a few years (somewhat involuntarily due to circumstances) and am looking at the prospect of trying to navigate about the next 13 years until I begin collecting SS at age 70. I could not be comfortable without my stash of bonds to co...
by Kalo
Tue Jan 02, 2018 4:09 am
Forum: Personal Finance (Not Investing)
Topic: Embarrassment Preventing Retirement Work: A factor for you?
Replies: 131
Views: 12158

Re: Embarrassment Preventing Retirement Work: A factor for you?

For me it's more that I don't want to do tasks. I'd rather learn to play a musical instrument. Life is too short for anything mundane unless you need the money.

Kalo
by Kalo
Tue Jan 02, 2018 3:42 am
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 142
Views: 8364

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

2897.45

Posted to the form in the link too.

I came up with this number while under the influence of alcohol. True story.

Kalo
by Kalo
Thu Dec 28, 2017 11:30 pm
Forum: Investing - Theory, News & General
Topic: The Growing Peril of Index Funds: Too Much Tech
Replies: 67
Views: 5726

Re: The Growing Peril of Index Funds: Too Much Tech

I choose to hold some other indexes (small cap value, mid cap value, etc) not because there is too much tech in TSM, but because it is dominated by some large companies, which makes me feel under diversified. It may not be the optimal strategy, but I'm doing it anyway. I'm just not comfortable holdi...
by Kalo
Thu Dec 28, 2017 3:13 am
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7843

Re: What the experts say about Bitcoins?

"This year, I invested in pumpkins. They've been going up the whole month of October and I got a feeling they're going to peak right around January. Then, bang! That's when I'll cash in." - Homer Simpson

Kalo
by Kalo
Thu Dec 28, 2017 3:07 am
Forum: Investing - Theory, News & General
Topic: What the experts say about Bitcoins?
Replies: 114
Views: 7843

Re: What the experts say about Bitcoins?

"After years of disappointment with get rich quick schemes, I know I'm gonna get rich with this scheme. And quick!" - Homer Simpson

Kalo
by Kalo
Wed Dec 20, 2017 2:41 am
Forum: Personal Consumer Issues
Topic: Windows 10 Recent Updates
Replies: 22
Views: 3508

Re: Windows 10 Recent Updates

I've been stuck in an endless loop on my Asus rog laptop. Win 10 downloads an update, it fails and restores. Then I run Microsoft update troubleshooter tool. It says it finds and fixes errors. Then the win 10 downloads the update again. And again it fails and restores. I keep postponing the update n...
by Kalo
Sun Dec 17, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: The "Natural" Interest Rate vs. The Fed, 1990-2017
Replies: 7
Views: 756

Re: The "Natural" Interest Rate vs. The Fed, 1990-2017

Are these all short rates? I believe the fed only sets short rates. Don't intermediate and long rates also matter. Also, which is the tail and which is the dog? Or a little of both? Do interest rates drive or are they a result of economic conditions. Maybe a little of both but I don't believe they d...
by Kalo
Sun Dec 17, 2017 11:56 am
Forum: Investing - Theory, News & General
Topic: Do you have bonds in Roths as a retiree?
Replies: 35
Views: 2789

Re: Do you have bonds in Roths as a retiree?

I do have 20% bonds in my Roth, nearly 45% bonds in the total portfolio. Part of the reason is that, being a terrible forecaster, I've been convinced stocks would fall at some point, but we are apparently in a new paradigm where they only go up. Another reason is that 80/20 may be better than 100 eq...
by Kalo
Thu Dec 07, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: Call the Top!
Replies: 29
Views: 2733

Re: Call the Top!

Is it closest without going over? Or is it ok to go over if you are still closest?

Kalo
by Kalo
Tue Nov 28, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: Tracking the Bitcoin Bubble in Real Time?
Replies: 70
Views: 5239

Re: Tracking the Bitcoin Bubble in Real Time?

I have three questions: 1) Correct me if I'm wrong, but isn't it true that Bitcoin currently can't be shorted? If so, this would make it difficult to get adequate price discovery. I thought I saw that Chicago Mercantile Exchange was wanting to create an exchange for crypto currencies, which I presum...
by Kalo
Mon Nov 27, 2017 7:09 pm
Forum: Investing - Theory, News & General
Topic: Value Investors vs. S&P 500
Replies: 24
Views: 3284

Re: Value Investors vs. S&P 500

ERP is Enterprise Resource Planning. He must mean something else.

ILMUA. Just kidding, I don't.

Kalo
by Kalo
Thu Nov 23, 2017 11:17 am
Forum: Local Chapters and Bogleheads Community
Topic: A Thanksgiving to Remember: A Bit of Bogleheads History
Replies: 20
Views: 2214

Re: A Thanksgiving to Remember: A Bit of Bogleheads History

I have not seen this story until today. I loved reading it. Really gets me in the holiday spirit. Great story!

Happy Thanksgiving to all my fellow Bogleheads!

Kalo
by Kalo
Mon Nov 20, 2017 9:11 pm
Forum: Personal Consumer Issues
Topic: Car shopping tomorrow
Replies: 61
Views: 5578

Re: Car shopping tomorrow

Another way to view leasing is to look at the average age of the car you are driving. For a three year lease, you are driving a 1.5 year old car (3/2). If you buy and hold for ten years, you drive a five year old car on average (10/2). It is naturally more expensive to drive a newer car (1.5 yo vs 5...
by Kalo
Mon Nov 20, 2017 5:10 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 6041

Re: Uber for someone who knows only taxis

Thanks Artful Dodger. That makes sense.

Kalo
by Kalo
Mon Nov 20, 2017 3:20 pm
Forum: Personal Consumer Issues
Topic: Uber for someone who knows only taxis
Replies: 93
Views: 6041

Re: Uber for someone who knows only taxis

I have some questions: Does PayPal charge a fee for filling your account via credit card. I thought they did. Any reason not to use my credit card with Uber or Lyft (use PayPal instead)? Silly question, but if you were to be both a driver and customer, do you use the same app? Or are there separate ...
by Kalo
Sun Nov 19, 2017 1:25 am
Forum: Investing - Theory, News & General
Topic: Investment Portfolio Tracking & Spreadsheets
Replies: 35
Views: 3255

Re: Investment Portfolio Tracking & Spreadsheets

I use a spreadsheet for portfolio tracking and analysis, and MS Money Sunset edition for budgeting and tracking expenses. If I could only have one I would keep the spreadsheet because I can replicate what MS Money does for me in the spreadsheet, but with quite a bit of work. But I can't figure out h...
by Kalo
Tue Nov 14, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 195
Views: 15770

Re: The 4% rule DOES fail but still makes sense!

Another problem is behavioral. The studies assume rebalancing and/or not changing to a safer AA midstream. I can't be sure I would not succumb to this as my earning power and willingness to return to the work force are declining. My solution is LMP to cover basic needs, and risk portfolio to cover l...
by Kalo
Fri Nov 10, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Treasury Inflation Protected Securities [TIPS] Questions
Replies: 12
Views: 883

Re: Treasury Inflation Protected Securities [TIPS] Questions

Maybe I am mis-reading, but in your first post you say 30% stock and 70% bond. Later posts by OP and others seem to imply 30% bond and 70% stock. So I'm confused about that. Regarding choosing a number of years for the tips ladder instead of a percentage, I agree that makes sense and is what I would...
by Kalo
Mon Oct 30, 2017 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 9461

Re: My 401k is almost all cash now. 1/2 Mil

You might be right, you might be wrong. We won't know until it is too late to go back for a do-over. My preference is to stay balanced. I am 60/40 stock bond at age 57. I might gradually sell down to 50/50 but can't envision going lower than that. Being all cash or all stocks is not hedging your bet...
by Kalo
Wed Oct 25, 2017 6:11 pm
Forum: Personal Consumer Issues
Topic: Amazon kindle paperwhite
Replies: 69
Views: 4021

Re: Amazon kindle paperwhite

Does anyone know if a Paperwhite would work well for sheet music? Will it sit on the piano music stand or on a stand-alone music stand that other instruments use? Has anyone tried this? Does it work well? Can you turn pages easily, etc? Any problems? Thanks. Hope I am not hijacking thread. Kalo Int...
by Kalo
Wed Oct 25, 2017 2:04 pm
Forum: Personal Consumer Issues
Topic: Amazon kindle paperwhite
Replies: 69
Views: 4021

Re: Amazon kindle paperwhite

Does anyone know if a Paperwhite would work well for sheet music? Will it sit on the piano music stand or on a stand-alone music stand that other instruments use? Has anyone tried this? Does it work well? Can you turn pages easily, etc? Any problems? Thanks. Hope I am not hijacking thread. Kalo
by Kalo
Wed Oct 25, 2017 1:53 pm
Forum: Personal Consumer Issues
Topic: Amazon kindle paperwhite
Replies: 69
Views: 4021

Re: Amazon kindle paperwhite

Thanks for posting this. I've been wanting to buy one but have been waiting for a price cut. This may be enough to push me to finally get one. I have read reviews and feel pretty sure I would like it. Now I read on my Android phone. Not bad but nothing like a paper white. My main concern is if it wi...
by Kalo
Fri Oct 20, 2017 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Strange email from Equifax
Replies: 14
Views: 1970

Re: Strange email from Equifax

When I went to freeze all my credit files with six agencies shown in the wiki, I had an interesting thing happen with two of the three majors. Two of them mis-spelled a place I used to work. The first time I selected that I did work there since I figured it might have just been a mis-spelling. But i...
by Kalo
Fri Oct 13, 2017 6:32 pm
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 4433

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

If it were me I would notify my clients verbally and in writing ahead of time and I would not engage in verbal conversations while either of you is driving. It is the right thing to do morally regardless of the legal issues. You are right that it is dangerous.

Kalo
by Kalo
Sun Oct 08, 2017 5:42 pm
Forum: Personal Consumer Issues
Topic: Do you want your receipt?
Replies: 99
Views: 8166

Re: Do you want your receipt?

Here is my vent. I use my receipts to record the transaction in my MS Money program. I'm surprised at how often I'm not given the receipt unless I ask, and even more so by the response, "it will be in the bag.". Problem is, it may not be, so I won't wait until I get home to find out. Instead I hold ...
by Kalo
Sat Sep 23, 2017 12:49 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation for mid 50 age group
Replies: 35
Views: 3051

Re: Asset Allocation for mid 50 age group

57 yo and probably retired. Currently 63 stock and 37 fixed income. Moving toward goal of 60/40 so pretty close. Part of my rationale is that my fixed income divided by years to SS at 70 equals 40% of portfolio, floor LMP. I assume the fixed income will keep up with inflation but I might create a ti...
by Kalo
Fri Sep 15, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 2948

Re: Vanguard customer service/technology = "Bad returns in Bad times"

To the two posters saying that Vanguard's "hands are not clean.". All you have backed that up with is that they charge .3% for advisory services. Charging for services rendered is not the same as having dirty hands. Can you elaborate on what you mean, or clarify, or perhaps rephrase or retract? Or s...
by Kalo
Wed Sep 13, 2017 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Credit report freeze guide
Replies: 6
Views: 948

Re: Credit report freeze guide

I was having similar thoughts. It would be great if Bogleheads could come up with a guide for the wiki. At least basic bullet points. I know it is not polite to ask for gifts but I would be happy to pay with my eternal gratitude. I'm both concerned and ambivalent because I don't want to make matters...
by Kalo
Mon Sep 11, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?
Replies: 31
Views: 4031

Re: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?

What about setting up to owe the IRS a large payment and hope you get hacked and the hacker pays the amount due for you! Take that, hackers!

Just kidding of course.

What a wonderful world that would be though.

Kalo
by Kalo
Sun Aug 20, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 15592

Re: I own no international stocks. Can you guess why?

My guess without having read any other replies yet:

Because you sold or otherwise disposed of all your equities, domestic and international?

Kalo
by Kalo
Thu Aug 17, 2017 6:46 pm
Forum: Investing - Help with Personal Investments
Topic: Need a high risk option for $250
Replies: 22
Views: 3199

Re: Need a high risk option for $250

One thing to keep in mind with trading. If you are going to day trade you really need $25,000 so that when they force you to designate your account a day trading account, you will have the minimum required amount. But I don't recommend it. With less than 25k you will be limited in how often you can ...
by Kalo
Tue Aug 15, 2017 6:51 pm
Forum: Personal Consumer Issues
Topic: Why/how can Android web browsers stall the whole OS?
Replies: 8
Views: 947

Re: Why/how can Android web browsers stall the whole OS?

Have you tried using Google Chrome browser? I never liked the native one that comes with Android. Kind of ironic that google also makes Chrome, but I'm guessing there are legal reasons that Chrome can't be the default browser for Android. Maybe because of Microsoft's legal troubles with Windows and ...
by Kalo
Wed Aug 09, 2017 1:23 am
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 135
Views: 11577

Re: Is Amazon Prime worth it?

It sounds interesting and like something I might like. But net net I don't think I could save money with it. I think I could save on the things I would buy, but that without prime I would not buy them at all. I wouldn't count things like streaming as a savings because I don't stream now. I have a st...
by Kalo
Thu Jul 27, 2017 12:36 am
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 9943

Re: Can a TIPS ladder 'fail' ?

Thank you #Cruncher for your helpful replies above.

I plan to check out your spreadsheet. I think I need to keep reading too, but eventually I can probably get this figured out, or at least close enough.

:thumbsup

Kalo
by Kalo
Wed Jul 26, 2017 2:26 am
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 9943

Re: Can a TIPS ladder 'fail' ?

... ... ladders require reinvestment of coupon payments and a spreadsheet to figure that out. ... I'm not setting anything up that will require significant management in later years. I've witnessed mental decline among family members. I plan to make things simpler as I age, not more complex. Apart ...
by Kalo
Mon Jul 24, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: Can a TIPS ladder 'fail' ?
Replies: 101
Views: 9943

Re: Can a TIPS ladder 'fail' ?

My concern related to TIPS is that frankly I don't understand them, and I believe strongly in the adage that you should not invest in things you don't understand. I don't think it matters what causes this lack of understanding. It is going to be hard to stick with something that I am not totally cle...
by Kalo
Fri Jul 21, 2017 11:55 pm
Forum: Investing - Theory, News & General
Topic: Retirement Withdrawal Sequence/Strategy
Replies: 19
Views: 4070

Re: Retirement Withdrawal Sequence/Strategy

My solution is to just keep my taxable in a savings account. I can't risk it. But I'm only about three years from 59.5, so it is not that big a % of my portfolio. I am in a low tax bracket too, so taxes are really not much of an issue for me right now. Of course I count the taxable savings as part o...
by Kalo
Fri Jul 14, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 12351

Re: Do you count vehicle equity in net worth?

Haven't read this thread, just putting in my 2 cents. I count outstanding loans on vehicles, but don't bother with the vehicle value (asset), except in the first two or three years, when the value of the car really offsets the liability pretty evenly. I only have one car, almost paid off. If I had a...