Search found 663 matches

by MoonOrb
Wed Jan 18, 2017 9:03 pm
Forum: Investing - Theory, News & General
Topic: Should you be worried about losing money in bonds?
Replies: 14
Views: 2428

Re: Should you be worried about losing money in bonds?

All the angst about bonds just makes me want to buy more bonds. Which, I guess I will if the value of Total Bond Fund drops.
by MoonOrb
Wed Jan 18, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Would you switch investment advisor to save $3000+/yr?
Replies: 17
Views: 1567

Re: Would you switch investment advisor to save $3000+/yr?

If your dad is happy with him and he is giving him good advice, no, I wouldn't urge him to change, even for $3k a year. Your dad's peace of mind and convenience and the competent management of his money is a good value in this case. I say this as someone who pays $0 to manage a portfolio of comparab...
by MoonOrb
Wed Jan 18, 2017 12:34 am
Forum: Investing - Theory, News & General
Topic: Junior and Senior Financial Independence
Replies: 35
Views: 1736

Re: Junior and Senior Financial Independence

I'm glad I'm not the only one who really disliked the article. I am wholly onboard with the concept that "it's okay to stop grinding at some point and spend what you have" but then that whole weird list of nonsensical rules, wow. I think this guy really grinds my gears because there's sort...
by MoonOrb
Mon Jan 16, 2017 3:40 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 286
Views: 43120

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Fair enough. I was reacting primarily to the quoted portion regarding your question of whether it was insulting to dress up and play poor. That question suggested you were viewing the issue in some way as binary. I can agree that travel can mark you as wealthy to your peers, but it also depends on w...
by MoonOrb
Mon Jan 16, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9095

Re: How much do you typically spend in a restaurant?

Fortunately for us, we're very happy in the type of restaurant where the menu is laminated. We're also not big consumers of alcohol. Typical cost for a meal for 2 is $25-40 for dinner, including tax and tip. Often yields enough food for a 2nd and 3rd meal, too. We're vegan and tend to patronize a lo...
by MoonOrb
Mon Jan 16, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 286
Views: 43120

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Isn't it kind of insulting to people who are struggling when financially independent people dress up and play poor? Isn't there some middle ground between "dress up and play poor" and "engage in conspicuous consumption?" It's as if you've created some kind of false dichotomy whe...
by MoonOrb
Mon Jan 16, 2017 2:12 pm
Forum: Investing - Theory, News & General
Topic: Help with Retirement Projection Assumptions
Replies: 24
Views: 1943

Re: Help with Retirement Projection Assumptions

I'm assuming you've got this covered, but are none of your assets in 401k/457/IRA plans that will be taxed upon withdrawal?
by MoonOrb
Mon Jan 16, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6118

Re: Cardinal Sin - went to cash the day before 2016 election

OP, Consider dollar cost averaging your way back into the market instead of just putting everything back in one chunk. The available studies on this appear to show that putting it all back at once leads to the higher value in the long term. However, you need to first deal with behavioral aspect here...
by MoonOrb
Sun Jan 15, 2017 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage
Replies: 14
Views: 1489

Re: Paying off mortgage

Have you maxed out your tax advantaged investment space? If no, you could possibly think about maxing that out, instead. You don't really say much about the rest of your finances, except with your home nearly paid off and a year's worth of expenses sitting around in cash, I hope you're investing, too.
by MoonOrb
Sun Jan 15, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: Retired, expenses covered but still growing portfolio, why?
Replies: 46
Views: 4311

Re: Retired, expenses covered but still growing portfolio, why?

Isn't it often a case of people continuing the same habits that got them where they are? If people are happy with their lifestyles, why change? The money will be there in case of unforeseen events and can pass to beneficiaries or charity upon death. I don't find the situation puzzling at all--it's j...
by MoonOrb
Sun Jan 15, 2017 1:42 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 286
Views: 43120

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

MrsRoos wrote:Here is another good read on how to practice stealth wealth and the benefits it brings. http://www.financialsamurai.com/the-rise-of-stealth-wealth-guide-to-staying-invisible-from-society-rage/


What a weird article.
by MoonOrb
Sun Jan 15, 2017 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Job dilemma
Replies: 24
Views: 1842

Re: Job dilemma

Are you honestly excited about the new position, the new location, and all the other things? Moving is hard. Really, really hard. Making new friends, building a new professional network, all of that. It's tough, and the older you get, the tougher you get. It's also exciting, but the excitement quick...
by MoonOrb
Tue Jan 10, 2017 9:15 pm
Forum: Personal Consumer Issues
Topic: Weight machine vs free weight
Replies: 64
Views: 3657

Re: Weight machine vs free weight

Get free weights. They're superior in almost every way to machines. Get a set of adjustable dumbbells and you can do all manner of exercises that will supplement the rest of your exercise routine. You're not very likely to injure yourself doing free weights unless (a) you're using bad form or (b) yo...
by MoonOrb
Mon Jan 09, 2017 11:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 100
Views: 13141

Re: Sad News About a Respected Forum Member

You made a difference for all of us here. Peace be with you, Old Meph.
by MoonOrb
Mon Jan 09, 2017 10:19 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 286
Views: 43120

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Neat article and thread. I missed it when it first was posted. We check off pretty much every box on that list. The best thing about it is that it never occurred to me to feel like I can't buy what I want. I think of my tastes as ordinary and average to be sure, but not intensely frugal or cheap. We...
by MoonOrb
Sun Jan 08, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 230
Views: 13948

Re: Annual Vacation Budget

We value travel and spend money on it, but we don't budget for it. I'm not even sure how much we spent on it in the last year. We're relatively frugal when we travel, I guess, but our finances kind of work like this: -Figure out what our financial and investing goals are; -Meet those goals; -Spend w...
by MoonOrb
Sun Jan 08, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage
Replies: 9
Views: 1044

Re: Paying off my mortgage

Paying off the mortgage is a reasonable use of extra money if you're meeting the rest of your financial goals. So is taxable investing. So is spending it on things that you value.

You're fine as long as you're otherwise meeting the rest of your goals.
by MoonOrb
Sun Jan 08, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Incorporating your home into networth calculation
Replies: 107
Views: 7108

Re: Incorporating your home into networth calculation

The meaningful question here IMO is "do you track net worth" and not "do you include a home in a net worth calculation." I track three numbers: 1. Invested assets 2. Invested assets plus cash 3. Invested assets plus cash plus conservatively estimated home equity This works for me...
by MoonOrb
Fri Jan 06, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 107
Views: 5205

Re: What monetary value has your education provided you?

this is not an apples to apples comparison as the numerator (total earnings) varies based on age and length of work years and denominator stays fixed so those who are older with more years of work will have a higher number. Perhaps we should also divide by number of years. net earnings divided by c...
by MoonOrb
Thu Jan 05, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Experienced investor: For your portfolio, at what point compound interest really kick in for you? $500k? $1million+?
Replies: 35
Views: 4419

Re: Experienced investor: For your portfolio, at what point compound interest really kick in for you? $500k? $1million+

Huh, I've never really thought about it. I just see myself on a long march towards the goal of financial security. I think of this as probably being x years away instead of x dollars away. If things change and there is a rapid growth in our accounts and x years away all of a sudden looks a lot more ...
by MoonOrb
Thu Jan 05, 2017 12:14 am
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 6358

Re: spousal disagreement over how much house to buy

If I loved a house AND it made for a shorter commute AND it was across from a park AND my wife loved it too...

...I would buy that house if I could afford it.

You can afford it. Buy the house.
by MoonOrb
Thu Jan 05, 2017 12:05 am
Forum: Personal Consumer Issues
Topic: Kansas City trip advice
Replies: 23
Views: 1396

Re: Kansas City trip advice

I thought the National WWI Museum was pretty cool, if you're into that kind of thing.
by MoonOrb
Mon Jan 02, 2017 8:46 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 245
Views: 26976

Re: Whats your number to walk away?

35x annual expenses. About $3M to go. Can't imagine walking away, though, if some sort of weird windfall happened and I woke up with this amount tomorrow.

As I get closer to wanting to retire, 25x expenses will probably seem more reasonable.
by MoonOrb
Thu Dec 29, 2016 10:33 pm
Forum: Personal Consumer Issues
Topic: Relocation Advice - Wisdom Requested
Replies: 10
Views: 1488

Re: Relocation Advice - Wisdom Requested

Relocating as a lawyer will be a challenge for your wife if she is not admitted to the jurisdiction where you want to move. The practice of law is largely very local if you're in the majority of traditional legal roles, and not being admitted makes employment even more of an uphill battle. If your w...
by MoonOrb
Wed Dec 28, 2016 7:29 pm
Forum: Personal Consumer Issues
Topic: TV in the bedroom?
Replies: 82
Views: 5042

Re: TV in the bedroom?

I don't care at all what other people do but would never do this myself. Bedroom is akin to a sacred space, meant to be peaceful for sleep and sex.
by MoonOrb
Tue Dec 27, 2016 11:52 pm
Forum: Personal Consumer Issues
Topic: Best shows to see while in Vegas
Replies: 28
Views: 2151

Re: Best shows to see while in Vegas

Also endorsing Love.
by MoonOrb
Tue Dec 27, 2016 11:44 pm
Forum: Investing - Help with Personal Investments
Topic: How do I factor a pension into my portfolio?
Replies: 19
Views: 1626

Re: How do I factor a pension into my portfolio?

I'd use a Roth as an emergency fund for the time being. A Roth may very well be superior to a 457 at your income level anyway. As far as Asset allocation is concerned, I'm with almost everyone else here: I'm expecting a pension and I just figure it will reduce the amount of income I need in retireme...
by MoonOrb
Mon Dec 26, 2016 5:33 pm
Forum: Personal Consumer Issues
Topic: How to get rid of your belly........
Replies: 82
Views: 8376

Re: How to get rid of your belly........

No one is going to get fat/prevent themselves from losing weight by eating a lot of whole fruit.* This is a red herring. It's of course the case that fruit is higher in sugar than other choices, but it's also generally high in micronutrients and fiber and any thinking about this kind of thing that i...
by MoonOrb
Mon Dec 26, 2016 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to graduate from college in 3 years?
Replies: 101
Views: 4552

Re: Is it possible to graduate from college in 3 years?

It's getting more and more difficult to even graduate in four years while meeting all degree requirements. I graduated in 3.5 and it hardly required any additional effort on my part at all. I'm assuming I could have graduated in 3 if I had been really motivated to do it. But that was 20 years ago. I...
by MoonOrb
Mon Dec 26, 2016 5:11 pm
Forum: Personal Consumer Issues
Topic: How to get rid of your belly........
Replies: 82
Views: 8376

Re: How to get rid of your belly........

Two really good forums for this: http://forums.johnstonefitness.com/ https://www.nerdfitness.com/ I've managed to get pretty lean several time in the last fifteen years and here are some things that have made a huge difference for me. Whenever I've been successful it's never really been "I just...
by MoonOrb
Mon Dec 26, 2016 4:10 pm
Forum: Personal Consumer Issues
Topic: Recommended management books for the public sector
Replies: 11
Views: 759

Re: Recommended management books for the public sector

"Conflict resolution" isn't exactly my field. It's a proxy to help express that the nature of the service my office provides doesn't translate well into traditional customer-service type ways of thinking. I do appreciate the suggestions! Getting to Yes is an excellent book. I agree that ge...
by MoonOrb
Mon Dec 26, 2016 2:49 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 10768

Re: At what age, income, and NW would you buy a $50k car?

There's a lot of folks here who would never buy a new car, let alone one for $50k. It's a depreciating asset. But for those that would consider it, under what financial conditions would you do it? Hypothetically, if you were 35, had household income of $400k, and $2M NW, would you drop $50k on a ca...
by MoonOrb
Mon Dec 26, 2016 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Payoff Priorities - Insight Please
Replies: 38
Views: 3770

Re: Debt Payoff Priorities - Insight Please

The truck loan is high enough that I'd pay it down ASAP. I'd also use the Roth IRA as an emergency fund for the time being. Once you don't use that tax advantaged space, you can never get it back. On the student loans, I'm torn. I'd definitely not sweat the loan with the smallest interest rate, and ...
by MoonOrb
Mon Dec 26, 2016 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 11
Views: 1132

Re: Portfolio Review

I don't see anything off base here at all, except the premise of retiring in 10 years with pension + whatever invested assets you currently have. This could just be a case of you both having a very frugal lifestyle; we obviously can't tell much by looking at your assets what your expenses are. But i...
by MoonOrb
Mon Dec 26, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1105

Re: Should I liquidate taxable investments to pay off auto loan?

Here is your decision-tree for this:

Does the idea of having debt make me uncomfortable?

YES: sell investments to pay a relatively low-interest, short-term loan
NO: keep your assets invested

Option #2: refinance the loan into something better.
by MoonOrb
Mon Dec 26, 2016 2:17 pm
Forum: Personal Consumer Issues
Topic: Recommended management books for the public sector
Replies: 11
Views: 759

Re: Recommended management books for the public sector

It sounds like you need to focus more on books that talk about dealing with differing personality types and handling "difficult people" for your particular job situation. So what have you already read in this area and how did you find them lacking? That can help folks determine more relev...
by MoonOrb
Sat Dec 24, 2016 3:09 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You.
Replies: 98
Views: 6994

Re: My Christmas Gift to You.

Taylor,
You're a treasure. Thank you for your service to our nation and this community.
by MoonOrb
Sat Dec 24, 2016 3:06 pm
Forum: Personal Consumer Issues
Topic: If you could only choose one [car] to keep...?
Replies: 26
Views: 1960

Re: If you could only choose one [car] to keep...?

Keep whichever you more enjoy driving.
by MoonOrb
Sat Dec 24, 2016 2:39 pm
Forum: Personal Consumer Issues
Topic: Las Vegas - should I do anything?
Replies: 34
Views: 2907

Re: Las Vegas - should I do anything?

Rent a car and visit Death Valley National Park, one of America's most surprisingly beautiful places.
by MoonOrb
Sat Dec 24, 2016 2:38 pm
Forum: Personal Consumer Issues
Topic: Recommended management books for the public sector
Replies: 11
Views: 759

Re: Recommended management books for the public sector

I'm not in the public sector, but I think the well tried 7 Habits of Highly Effective People by Stephen Covey is by far the most useful of any management book I've read and I've read a lot of them. The concepts presented are universal for private, public, and home life. A couple of those concepts a...
by MoonOrb
Sat Dec 24, 2016 2:22 pm
Forum: Personal Consumer Issues
Topic: Recommended management books for the public sector
Replies: 11
Views: 759

Recommended management books for the public sector

Have any of you come across books on management that you felt have had particular application to public sector employment? I'm particularly interested right now in management books that contain concrete, actionable steps (I also like books that are more conceptual and books about things like leaders...
by MoonOrb
Sat Dec 24, 2016 11:58 am
Forum: Investing - Theory, News & General
Topic: Financial Independence is not the Holy Grail
Replies: 85
Views: 8989

Re: Financial Independence is not the Holy Grail

I am not a regular follower of WCI, but it seems feasible to me that his target audience includes a great number of people who do have some career options and can choose, for instance, to work fewer Operating Room shifts. So given who I imagine he might be writing to, his post makes plenty of sense ...
by MoonOrb
Sat Dec 24, 2016 2:01 am
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 179
Views: 18112

Re: Your Retirement Number, or, calculating the funding ratio

Won't something like a 25x-30x annual expenses via back of envelope math get you just about to the exact same place without all of the additional work here? If Larry wants the equivalent of $70k/yr beginning at age 66, we could start by making assumptions that inflation will be 2.5% between now and ...
by MoonOrb
Fri Dec 23, 2016 3:09 pm
Forum: Investing - Theory, News & General
Topic: Interesting Contrarian View - Buy Bonds - Wealthtrack
Replies: 12
Views: 2470

Re: Interesting Contrarian View - Buy Bonds - Wealthtrack

Sweet! I buy bonds several times a month! I must be doing something right.

Fortunately this strategy of mine works equally well when someone says it's a great time to buy stocks, since I do that several times a month too.
by MoonOrb
Thu Dec 22, 2016 4:30 am
Forum: Personal Finance (Not Investing)
Topic: 12-Month Expenses in Emergency Fund (EF)
Replies: 14
Views: 2003

Re: 12-Month Expenses in Emergency Fund (EF)

If you're maxing out your tax advantaged space plus investing close to $50k/year in taxable, if you'd like to have a larger cash position...sure? As far as yield, I personally would choose my bank or credit union based on factors other than the yield on my cash savings, so I'd just leave cash in the...
by MoonOrb
Thu Dec 22, 2016 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Paying extra on mortgage
Replies: 27
Views: 2908

Re: Paying extra on mortgage

I always favor liquidity in these toss up situations and I'd invest the extra money instead. If interest rates rise in the future, your mortgage will be an awesome deal and you'll be borrowing the money cheaply; if they lower, you can refinance at the lower rates. There's no way to know for sure whe...
by MoonOrb
Mon Dec 19, 2016 11:49 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2270
Views: 562140

Re: What Movie Have You Recently Watched?

Allied: way better than I expected, WWII spy/thriller/romance with Brad Pitt and Marian Cotillard that was well put together and had enjoyable references to Casablanca . Miss Sloane : Jessica Chastain makes pretty much everything she's in better, and this movie was enjoyable enough even if it wasn'...
by MoonOrb
Sun Dec 18, 2016 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Potential 1st Home Owner
Replies: 23
Views: 2098

Re: Potential 1st Home Owner

It doesn't sound like you really, really want to own a home. Don't buy a home. They're expensive and a lot of work and the pros in the pros and cons tend to be pros for people who plan on staying in one place for a good amount of time and enjoy other aspects of owning a home. I'd just keep renting i...

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