Search found 461 matches

by M_to_the_G
Fri Apr 15, 2016 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Magic Number? How much to save for retirement
Replies: 45
Views: 6197

Re: Magic Number? How much to save for retirement

When you’re talking about a 20 year time horizon, you have to make assumptions, but I personally feel that it is a useful exercise to think about the “magic number” because it’s useful to have some point of reference. The experts say to save 10-15% of income, but what if you plan to retire early? I ...
by M_to_the_G
Fri Apr 15, 2016 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: I don't have anyone else to brag about this to [debt free]
Replies: 77
Views: 7733

Re: I don't have anyone else to brag about this to [debt free]

November 1, 2010. That was the day I became debt free. Congratulations! You are right to tell you fellow Bogleheads about it. We will indeed celebrate with you! So here’s to you, friend. :sharebeer :sharebeer
by M_to_the_G
Sun Apr 10, 2016 12:58 am
Forum: Personal Finance (Not Investing)
Topic: How to get my 29 year old sister into saving....("I don't have any money to save")
Replies: 58
Views: 5061

Re: How to get my 29 year old sister into saving....("I don't have any money to save")

You have planted the seed, or at least attempted to. Now you can only cross your fingers. As the old adage goes, when the student is ready, the master will appear. The reverse, unfortunately, is not also true. In other words, if your sister were inclined to start saving, she would already have found...
by M_to_the_G
Mon Apr 04, 2016 9:31 pm
Forum: Investing - Theory, News & General
Topic: To Buy or Rent a Home? Weighing Which Is the Better Choice
Replies: 16
Views: 2658

Re: To Buy or Rent a Home? Weighing Which Is the Better Choice

A perspective from Salman Khan (the web educator, not the famous actor) that had a big influence on me: https://www.youtube.com/watch?v=YL10H_EcB-E
by M_to_the_G
Mon Apr 04, 2016 9:21 pm
Forum: Personal Consumer Issues
Topic: Filtered Water?
Replies: 27
Views: 1573

Re: Filtered Water?

I use a Brita filter pitcher. It makes a huge difference. In fact, it makes nasty-tasting tap water taste like bottled spring water. The filters have to be replaced occasionally.
by M_to_the_G
Mon Apr 04, 2016 9:20 pm
Forum: Personal Consumer Issues
Topic: Sensory Deprivation Tanks
Replies: 23
Views: 2440

Re: Sensory Deprivation Tanks

I've heard of these. I think they are very concentrated saline solutions baths that are kept at body temperature, so it feels like your floating in nothingness (think Dead Sea). No noise, no light, no sensation. I'd like to try it myself, actually.
by M_to_the_G
Fri Mar 11, 2016 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: TSP Participant Account Balances
Replies: 33
Views: 5221

Re: TSP Participant Account Balances

Here is a testimony of a federal employee (currently a GS-14) who started in 1987 and who had a TSP balance of $1,192,314 as of last January (he did it all in the TSP, i.e. no rollovers, SEPs, etc.): http://blogs.fedsmith.com/2015/01/13/ho ... llionaire/
by M_to_the_G
Sat Feb 27, 2016 3:56 pm
Forum: Personal Consumer Issues
Topic: Tough Frugal Decisions
Replies: 111
Views: 18605

Re: Tough Frugal Decisions

I have always been a firm believer in keeping one's fixed, recurring expenses low. Sure I spend lots of money on random one-time things or events, but those can always be cut back when times are bad. Not so easy to cut back your property taxes or car payment when things suddenly go bad. I do this a...
by M_to_the_G
Sun Feb 07, 2016 3:00 am
Forum: Personal Consumer Issues
Topic: Raw Honey?
Replies: 34
Views: 2820

Re: Raw Honey?

If it's the really good stuff, it'll even have bees' legs in it. Raw honey, in addition to having all the goodness of the bits of royal jelly and pollen that don't get micro-filtered out, is said to be beneficial in fighting allergies, and I know that some people start each allergy season by downing...
by M_to_the_G
Tue Jan 26, 2016 11:45 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 10628

Re: What is your favorite Financial Quote or Metaphor??

VictoriaF wrote:Лучше недоперевыполнить чем перенедовыполнить. (My ex.)

Victoria

P.S. This is an intricate phrase and Google Translate does not get it.


Take a stab for us. :mrgreen: At least tell us what the gist is.
by M_to_the_G
Tue Jan 26, 2016 12:37 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 10628

Re: What is your favorite Financial Quote or Metaphor??

"You can't latte yourself to bankruptcy.  The bladder won't allow it." - Katherine Porter "What has been will be again, what has been done will be done again, and there is nothing new under the sun." - Ecclesiastes 1:9 "Americans spend money they don't have, on things they d...
by M_to_the_G
Tue Jan 26, 2016 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Another 100% stock thread!
Replies: 33
Views: 3002

Re: Another 100% stock thread!

Keep in mind that the rationale behind having a bond position is not to reduce a portfolio's exposure to market turbulence, but to do so without drastically reducing possible returns. I have a fairly aggressive portfolio (80/20 @ 36 yrs old) but still maintain a bond position, and I will increase th...
by M_to_the_G
Tue Jan 26, 2016 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Leaving EJones for Vanguard or TSP?
Replies: 8
Views: 1001

Re: Leaving EJones for Vanguard or TSP?

In addition to the G Fund, keep in mind that the TSP also has lower fees than Vanguard. Vanguard's admiral index shares are at 0.05%. The TSP funds are at 0.025%. There are some institutional funds available to some 401(k) participants with fees as low as 0.02%, but you may or may not have access to...
by M_to_the_G
Tue Jan 26, 2016 12:02 am
Forum: Investing - Theory, News & General
Topic: What is Your Bond Allocation & Location
Replies: 48
Views: 5213

Re: What is Your Bond Allocation & Location

How do you allocate the bond portion of your portfolio? Based on risk tolerance and time horizon. I am 36 years old and plan to retire in 14 years (at the age of 50). I started at 85/15. I am currently at 80/20. When I'm ten years out (in about 4 years), I'll move to 70/30. I will probably move to 6...
by M_to_the_G
Mon Jan 25, 2016 11:52 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 10628

Re: What is your favorite Financial Quote or Metaphor??

Two from Bill Bernstein:

"Finance isn't rocket science, but you'd better understand it clearly." (from his pamphlet "If You Can")
"If you know how to pick an advisor, you don’t need one." (from the Bogleheads 9 Q&A panel)
by M_to_the_G
Mon Jan 25, 2016 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 306
Views: 68462

Re: Share your networth progression

Not to challenge here, but I don't understand your post. You know that Bogleheads are inclined to make some sacrifices early on, save prodigiously, and track their progress. It's very important to most of us that we are on track to retire in comfort, and "wealthy" is relative. There are m...
by M_to_the_G
Thu Jan 21, 2016 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: My early retirement is causing consternation
Replies: 75
Views: 12793

Re: My early retirement is causing consternation

Don't mean to resurrect a thread from the dead, but this thread was referenced in a new thread, and I like this one. :) I think that not having to set an alarm in the morning and having the freedom to sleep in every morning (or afternoon?) for the rest of my life will be PURE BLISS . Don't tell my c...
by M_to_the_G
Tue Jan 19, 2016 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 61
Views: 8027

Re: Long term care insurance - Less than meets the eye

I'm currently debating with myself whether it is worth the premiums. I'm convinced that long term care is an "issue" that requires careful thought. The fact that some 80% or so of Americans will need some form of LTC at some point in their lives is eye-opening. But the average daily costs ...
by M_to_the_G
Mon Jan 18, 2016 4:34 pm
Forum: Personal Consumer Issues
Topic: Amazon Reviews
Replies: 11
Views: 969

Re: Amazon Reviews

You make a very good point, and I am becoming increasingly wary of Amazon reviews. That said, if there is a general consensus, it is generally spot-on (for me, at least). The number of reviews matters, as well. If there are 300 reviews for a product, and the average is 5-stars, I'm usually pretty co...
by M_to_the_G
Mon Jan 18, 2016 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: [ I have] overspent this month.
Replies: 30
Views: 4130

Re: [ I have] overspent this month.

There's generally two ways to do budgeting/saving: 1) Pay yourself first, spend the rest 2) Budget for spending and saving Both methods work better for different people. Personally, I pay myself first. I've always got a few $K's in checking and savings, so it's a non-issue if I spend more than I had...
by M_to_the_G
Sat Jan 16, 2016 12:42 am
Forum: Investing - Help with Personal Investments
Topic: Trying to help out a family friend with her inheritance
Replies: 8
Views: 975

Re: Trying to help out a family friend with her inheritance

Sit down with her. Look her in the eyes and explain your concerns, talking straight from the heart as a friend. Tell her about this site and tell her you'd like to walk her through posting her first post just so that she can get some second opinions. Then leave it to her. If she doesn't do it, then ...
by M_to_the_G
Sat Jan 16, 2016 12:36 am
Forum: Investing - Help with Personal Investments
Topic: Advice for a young adult
Replies: 4
Views: 801

Re: Advice for a young adult

Hey guys. I am currently a graduate student in engineering, hoping to graduate after this summer. I have what I think is a good amount of money (mostly earned myself) in savings for someone my age in my position. I currently have roughly $1600 in a Roth through vanguard (might be less now due to th...
by M_to_the_G
Sat Jan 16, 2016 12:07 am
Forum: Investing - Help with Personal Investments
Topic: [New Member] Picking a stock
Replies: 28
Views: 1621

Re: [New Member] Picking a stock

Regarding picking individual stocks, I can share my methods with you. First, you want to look for something that is poised to revolutionize the world. I plowed all of my money into Segway when the Segways first came out because everyone knew that, in just a few years, the world would be crisscrossed...
by M_to_the_G
Thu Jan 14, 2016 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 306
Views: 68462

Re: Share your networth progression

2004 don't know 2005 don't know 2006 don't know 2007 don't know 2008 don't know 2009 don't know 2010 higher, but don't know 2011 higher, but don't know 2012 higher, but don't know 2013 higher, but don't know 2014 higher, but don't know 2015 higher, but don't know All I know is that past and present...
by M_to_the_G
Wed Jan 13, 2016 11:42 pm
Forum: Personal Consumer Issues
Topic: Car Buying Negotiation
Replies: 17
Views: 2183

Re: Car Buying Negotiation

Do all your research online. Nowadays, you can pick the exact car you want in many dealers' lots. Find out what you can reasonably expect to pay for it and have a check in hand with finance pre-approved (if needed). Show up at 4:00PM on the last day of the month and pretend you are just looking arou...
by M_to_the_G
Wed Jan 13, 2016 11:38 pm
Forum: Personal Consumer Issues
Topic: Warm vacation in January.
Replies: 20
Views: 2393

Re: Warm vacation in January.

+1 for Hawaii... but go to Kauai, the green island. No skyscrapers, no big cities, just green beauty.
by M_to_the_G
Wed Jan 13, 2016 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: What age does LBYM (being a big saver) pay off?
Replies: 81
Views: 10391

Re: What age does LBYM (being a big saver) pay off?

I'm also in the same age group (36). I save 40% of my income. It is paying off now because I am setting up the Nest Egg, and I am conscious of realizing a not-too-distant future goal of being comfortable, independent, and free in retirement. It is also paying off now because I can run retirement inc...
by M_to_the_G
Wed Jan 13, 2016 12:39 am
Forum: Personal Consumer Issues
Topic: Tough Frugal Decisions
Replies: 111
Views: 18605

Re: Tough Frugal Decisions

I started college at a small, liberal arts school on a full scholarship. During my freshman year, I drove a 1982 Thunderbird I had bought for $800 cash. I did not enter college in 1983… I entered in 1999. One day, my poor T-bird broke down, and I couldn’t afford to get her towed, never mind repaired...
by M_to_the_G
Thu Jan 07, 2016 11:23 pm
Forum: Personal Consumer Issues
Topic: Jackpot Now Estimated $700 Million, who's in?
Replies: 149
Views: 6327

Re: Jackpot Now Estimated $700 Million, who's in?

Never bought a lotto ticket before in my life and never will. However, that is not to say that I don't intend to win this Powerball. I do. I have my own strategy. You see, the odds of winning are about 1 in 293 million right now. Now I figure, if I go in my backyard and lie down with my mouth open,...
by M_to_the_G
Thu Jan 07, 2016 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: How to max out retirement accounts with 120K income?
Replies: 40
Views: 5442

Re: How to max out retirement accounts with 120K income?

I would do it another way. Max out all of your retirement accounts and we how much you have, then make a plan to live on that amount. +1 We look at our take home pay after retirement accounts are funded and use that as a baseline. (Also watch out on the Xmas and big occasion spending.) +2 Pay yours...
by M_to_the_G
Thu Jan 07, 2016 10:26 pm
Forum: Personal Consumer Issues
Topic: Jackpot Now Estimated $700 Million, who's in?
Replies: 149
Views: 6327

Re: Jackpot Now Estimated $700 Million, who's in?

Never bought a lotto ticket before in my life and never will. However, that is not to say that I don't intend to win this Powerball. I do. I have my own strategy. You see, the odds of winning are about 1 in 293 million right now. Now I figure, if I go in my backyard and lie down with my mouth open, ...
by M_to_the_G
Tue Jan 05, 2016 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: New AA [Asset Allocation]
Replies: 26
Views: 4241

Re: New AA [Asset Allocation]

Contributed $5,500 to my Roth IRA for 2016:
$3,500 VFIAX
$2,000 VGSLX

Updated (but not rebalanced) today.
by M_to_the_G
Sun Jan 03, 2016 2:33 am
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 103
Views: 8902

Re: How to learn a second language

How quickly you can become fluent in a language depends on your own aptitude (which is actually measurable, for example via the MLAT test) Is there a way for me to take the MLAT test if I don't work for an employer that uses it? I always did reasonably well in my language classes in school, but att...
by M_to_the_G
Thu Dec 31, 2015 6:53 pm
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 103
Views: 8902

Re: How to learn a second language

RE: Postby M_to_the_G » Thu Dec 31, 2015 4:36 pm Thanks for your very comprehensive response; greatly appreciated. It is especially appreciated since I am retired and at the starting line of learning the French language(after 3 yrs. in high school) and I believe misplaced expectations can be very c...
by M_to_the_G
Thu Dec 31, 2015 4:36 pm
Forum: Personal Consumer Issues
Topic: How to learn a second language
Replies: 103
Views: 8902

Re: How to learn a second language

How quickly you can become fluent in a language depends on your own aptitude (which is actually measurable, for example via the MLAT test), your age, and how hard the language is to learn for someone who grew up speaking your mother tongue. All are important. Young children “absorb” languages natura...
by M_to_the_G
Sun Dec 20, 2015 3:40 pm
Forum: Personal Consumer Issues
Topic: San Antonio vs. Morgantown, WV for 2 docs
Replies: 99
Views: 6665

Re: San Antonio vs. Morgantown, WV for 2 docs

Everybody tells me that San Antonio has the Alamo. And the San Antonio River Walk, which is on my personal bucket list. Just Google it, looks amazing. I am in the Foreign Service, so I might find myself in Baghdad one year and Beijing the next. At the end of the day, you make your own happiness whe...
by M_to_the_G
Thu Dec 10, 2015 9:20 am
Forum: Investing - Theory, News & General
Topic: Investing and Coworkers
Replies: 57
Views: 6414

Re: Investing and Coworkers

There are three important reasons why educating coworkers about investing does not work: 1. Perception 2. Uncertainty 3. Privacy 1. Perception In order to successfully invest, you have to sufficiently save. When you save you don't look prosperous, i.e., your house, your car, your attire, and your v...
by M_to_the_G
Wed Dec 09, 2015 12:46 am
Forum: Investing - Theory, News & General
Topic: Investing and Coworkers
Replies: 57
Views: 6414

Re: Investing and Coworkers

I send my colleagues articles and occasionally my own thoughts about investing. Some colleagues are stony silent in response, but I know they are reading the things I send them. Others are openly appreciative but don't want to talk. No one has been hostile; I think people recognize when you are send...
by M_to_the_G
Tue Dec 01, 2015 4:55 pm
Forum: Personal Consumer Issues
Topic: The end of our Teflon pans is near...now what do we buy?
Replies: 63
Views: 7249

Re: The end of our Teflon pans is near...now what do we buy?

All Clad ---- Very High End and Expensive in the Short Run. With that said ours are over 20 years old and still look as new as the day we bought them. Truly Life Time Pots and Pans. I am very happy with my Cuisinart multiclad (similar style to these). I like the non-coated, all-metal pans because I...
by M_to_the_G
Mon Nov 30, 2015 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Missed 13% YTD growth; would you have?
Replies: 27
Views: 5671

Re: Missed 13% YTD growth; would you have?

Vegas Dave bet $25k on Holly Holm and won $250k a few weeks ago. If I had put every penny I owned on that fight...

Oh, well.
by M_to_the_G
Mon Nov 23, 2015 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for Small Law Survivor
Replies: 56
Views: 7257

Re: Advice for Small Law Survivor

... but you haven't read "Portfolio Life" by David Corbett.
by M_to_the_G
Mon Nov 23, 2015 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: This morning I had $13,XXX
Replies: 42
Views: 6670

Re: This morning I had $13,XXX

You did good. I remember the first time I bought a Roth IRA, about five or six years ago. I actually agonized over it. I didn't want to commit the money, but then I did it. My only regret now is that I didn't do it the year before, for that year and the previous year! :mrgreen:
by M_to_the_G
Mon Nov 23, 2015 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: College Engineering Programs - how different are they?
Replies: 152
Views: 9055

Re: College Engineering Programs - how different are they?

I remember when I interned in Paris many, many years ago. One of the Commerce Department interns at the embassy was a real "gentleperson" from Harvard. He spent the entire summer telling me that his Bachelor's in Engineering program at Harvard was the equivalent of a Master's program. I la...
by M_to_the_G
Mon Nov 23, 2015 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Executive Interview - Suit Color and Style
Replies: 46
Views: 3036

Re: Executive Interview - Suit Color and Style

navy, dark gray, or black. cleaned and pressed or new. As long as it's not faded or excessively ill-fitting, they won't notice or care about your suit unless it's the type of organization where they care about stuff like that (I'm thinking the fashion world or Hollywood!). Make sure your shoes are c...
by M_to_the_G
Mon Nov 02, 2015 1:25 am
Forum: Personal Finance (Not Investing)
Topic: Helping others become like us...
Replies: 44
Views: 3085

Re: Helping others become like us...

As I progress in my financial literacy and retirement savings journey, I am increasingly struck by how controversial a topic personal finances is for most people. You might as well begin a conversation about politics or religion. As with those topics, I think the best thing to do is to wait for some...
by M_to_the_G
Mon Oct 12, 2015 11:33 am
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 7656

Re: New investors: how did your first correction go?

I started seriously investing in 2008, and it's pretty much been a ride up since then, so I guess you could say this is my first correction. Your memory is faulty.:) It has not been a ride up since early 2009. 2010 had a 16% correction. 2011 had a 19% correction and 2012 had a 10% correction. When ...
by M_to_the_G
Sun Oct 11, 2015 12:06 am
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 7656

Re: New investors: how did your first correction go?

I started seriously investing in 2008, and it's pretty much been a ride up since then, so I guess you could say this is my first correction. But when "Black Monday" came about, I had already read almost everything in Bill Bernstein's reading list in "If You Can," as well as a few...
by M_to_the_G
Sun Oct 04, 2015 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone familiar with Virginia 529 plans?
Replies: 9
Views: 901

Re: Anyone familiar with Virginia 529 plans?

M_to_the_G - Thank you for your insight. I do have a couple questions about your strategy: As a slightly less risky option, I'm curious how you feel about the 80% stocks/20% bonds Aggressive Growth Portfolio (which is also a non-evolving Vanguard LifeStrategy Growth Fund)? Maybe I'm just being a &q...

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