Search found 1302 matches

by Snowjob
Sat Oct 14, 2017 9:41 am
Forum: Investing - Help with Personal Investments
Topic: wellington fund ( VWELX )
Replies: 24
Views: 2445

Re: wellington fund ( VWELX )

Yep, it could be all downhill from here. Seriously. It is amusing how much love for W & W there is given all the index fund aficionados that hang out here. People like the set it and forget it approach and I suspect the 2/3s stock 1/3 bond allocation just feels right to people. these predate a lot ...
by Snowjob
Mon Sep 25, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11601

Re: Lifestyle Creep

If you live happily on $80k, you need $1 million to maintain that lifestyle. If you let your lifestyle creep up to $120k a year, not only are you saving less each year, but now you need $3 million instead of $2 million. For a second, I was very happy with the thought of able to have $80K lifestyle ...
by Snowjob
Thu Sep 21, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: No More Saving???
Replies: 114
Views: 10439

Re: No More Saving???

If at a 3% withdrawal rate, my portfolio could generate my salary, I would stop saving. I'm not even close... but as I age and as I make progress toward my number, I am scaling back my saving a bit to try and better smooth my consumption over time.
by Snowjob
Fri Sep 15, 2017 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Average American Net Worth is $534,600?
Replies: 15
Views: 2389

Re: Average American Net Worth is $534,600?

None of which are good benchmarks for us in this forum as we are likely all in the top 10-20% -- almost assuredly top 50% of income earners in this country.
by Snowjob
Fri Sep 15, 2017 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Personal Milestone-this is the only place to share
Replies: 21
Views: 2359

Re: Personal Milestone-this is the only place to share

Excellent story -- Its amazing when we can hit these milestones and take a few moments to reflect on the journey. Hard work, having your health and a spouse on the same page makes these things possible. Best of luck on your next million!
by Snowjob
Thu Aug 31, 2017 6:13 am
Forum: Investing - Help with Personal Investments
Topic: Couple in mid-30s looking for financial independence within 10 years
Replies: 34
Views: 6834

Re: Couple in mid-30s looking for financial independence within 10 years

The only gaps I see are crypo-currency (since no expert has told bogleheads they hold put that in their portfolio :eye-roll: and the multiple direct rental properties is a leveraged investment most wouldn't advise) as long as your job is secure, keep knocking out those mortgages and you should be OK...
by Snowjob
Tue Aug 22, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 8189

Re: 33 years old, how am I doing ?

Personally I would ditch the 5% allocation to REIT's. IMO with tilts in general, a 5% allocation is just a distraction -- go big or stay simple. Not arguing, just noting that William Bernstein and David Swensen and others would say that 5% is the smallest recommended percentage of an asset class. I...
by Snowjob
Tue Aug 22, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 8189

Re: 33 years old, how am I doing ?

Personally I would ditch the 5% allocation to REIT's. IMO with tilts in general, a 5% allocation is just a distraction -- go big or stay simple. The rest of the portfolio looks great, cheap broad based exposure. Equity heavy but that's fine 80/20 is probably the upper end I would be willing to do an...
by Snowjob
Tue Aug 22, 2017 6:47 am
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 8189

Re: 33 years old, how am I doing ?

May I ask what you do? In my mind shift work in my mind is typically lower pay. Congrats on all your success so far looks like ur in great shape to down shift
by Snowjob
Fri Aug 18, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 10
Views: 1232

Re: Portfolio Review

Greetings, This is my first post and I am looking for a portfolio review please. I have not previously asked anyone to review my portfolio, but thought it might be time :oops: ... just want to make sure I am on a good path. I probably need a better paying job haha, but that's for another time. :| S...
by Snowjob
Tue Aug 15, 2017 11:29 am
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 78
Views: 6762

Re: please help...am I overextended - first home

how many years left on the 401k loan?

also please define net pay -- is this after all taxes, 401k contributions and loan payments?
by Snowjob
Mon Aug 14, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: How does personal wealth affect job hunting?
Replies: 57
Views: 7115

Re: How does personal wealth affect job hunting?

Folks, In my own personal experience, as I am getting wealthier, I am less willing to compromise my work life balance for a job. Did this happen to you? If yes, how does this affect you in term of the job that you are willing to accept? A) Pay -> minimum pay that you are willing to accept. B) Commu...
by Snowjob
Fri Aug 11, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Stable Value Funds vs Bond Funds
Replies: 33
Views: 2308

Re: Stable Value Funds vs Bond Funds

My Stable value fund has a 3% and change yield, diversified across multiple insurers. I of course have used this instead of bonds for the last 5-6 years do to the impending bond bubble LOL guess I missed out on all that repricing of credit as interest rates moved south.
by Snowjob
Tue Aug 08, 2017 4:15 pm
Forum: Investing - Theory, News & General
Topic: Still Buying As planned Regardless Of The World Situation
Replies: 72
Views: 8167

Re: Still Buying As planned Regardless Of The World Situation

Yep. Problems and reasons NOT to invest are easy to find if that's what people are looking for. I'm always buying. I'll stop when I die. You might change your tune when you are retired and you start drawing down your portfolio. maybe dividends and interest more than cover his expenses and he really...
by Snowjob
Tue Aug 08, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Buy Google Pixel mobile now or wait for Pixel 2
Replies: 33
Views: 3131

Re: Buy Google Pixel mobile now or wait for Pixel 2

I'm thinking of switching my parents to this -- anyone have any experience with google-fi in Connecticut / New England?
by Snowjob
Wed Aug 02, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: Burned out at 28. Do I have enough?
Replies: 62
Views: 9911

Re: Burned out at 28. Do I have enough?

Knowing when to stop investing is really a tricky thing -- so many variables the further you are from your end point. Who the heck knows about health care, your future family situation etc etc. I'm 7 yrs older than you and I struggle with when and how much to down shift -- I don't think any of us ca...
by Snowjob
Tue Aug 01, 2017 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Plan for enough assets to get to age 70 if stocks plummet?
Replies: 14
Views: 2022

Re: Plan for enough assets to get to age 70 if stocks plummet?

....We have 2 years of cash, laddered CDs, etc which could cover our basic living expenses if my spouse was forced to retire before age 70 . Also have extra funds for unexpected home expenses and new ( used) car, which would be hard to factor into our budget reliably.... ....If overall portfolio re...
by Snowjob
Sun Jul 30, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: NYT Carl Richards "You’re No Coward if You’re Keeping Some Money Out of Stocks"
Replies: 42
Views: 5259

Re: NYT Carl Richards "You’re No Coward if You’re Keeping Some Money Out of Stocks"

... I remember losing a few hundred dollars in the October 1987 stock market crash and I saw my financial life flash in front of my eyes. Emotionally, I may as well have lost billions and not hundreds. Imagine what that would be like now, after many years of portfolio growth? The dollar amounts are...
by Snowjob
Tue Jul 11, 2017 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on individual dividend investing?
Replies: 80
Views: 5866

Re: Thoughts on individual dividend investing?

...can anyone confirm if an initial investment in Total Stock Market,allowed to reinvest distributions and compound,tends over multiple years to show a trend of rising dividend total payout (not percentage yield) per year? (Even if no new money is added?) I was looking at vanguards dividend growth ...
by Snowjob
Mon Jul 10, 2017 7:33 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on individual dividend investing?
Replies: 80
Views: 5866

Re: Thoughts on individual dividend investing?

the dividend investing flow chart -- Start-->Do you believe dividend investing leads to higher returns? +No --> seek a total return approach (standard boglehead) +Yes--> Do you believe you are better than the professional investors who are managing funds focused on the same strategy? +++No --> Tilt...
by Snowjob
Mon Jul 10, 2017 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on individual dividend investing?
Replies: 80
Views: 5866

Re: Thoughts on individual dividend investing?

the dividend investing flow chart -- Start-->Do you believe dividend investing leads to higher returns? +No --> seek a total return approach (standard boglehead) +Yes--> Do you believe you are better than the professional investors who are managing funds focused on the same strategy? +++No --> Tilt ...
by Snowjob
Mon Jul 10, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: 100k milestone
Replies: 49
Views: 6120

Re: 100k milestone

I don't know the numbers for sure but I suspect I hit 100k around 27 during the recession, now crossed 1M by mid 30s. Since getting a white collar job at 23 I've made between 40k and 80k per year in the relatively high cost north east. I was able to achieve outsized returns through leverage. But I d...
by Snowjob
Tue Jul 04, 2017 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Newest Boglehead Millionaire
Replies: 23
Views: 4171

Re: Newest Boglehead Millionair

Great work, love the rebound story.

Sounds like your in a great spot in life. Enjoy!
by Snowjob
Mon Jul 03, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: All Weather Portfolio
Replies: 9
Views: 1069

Re: All Weather Portfolio

it all comes down to if you believe gold will repeat that insane spike in the early 70's while other assets fail.

I don't believe that's the case.
by Snowjob
Sat Jul 01, 2017 8:41 am
Forum: Investing - Theory, News & General
Topic: Vanguard Target Date 2015 vs Managed Payout - Is this a dumb question?
Replies: 10
Views: 1939

Re: Vanguard Target Date 2015 vs Managed Payout - Is this a dumb question?

The problem is an "endowment-style" portfolio style really only works well for something with a lifespan longer than a person's lifetime (same with long-term bonds. It's an interesting side-note to the dividends debate, a real-life example of a sustained withdrawal strategy that explicitly suppleme...
by Snowjob
Tue Jun 27, 2017 11:27 am
Forum: Investing - Theory, News & General
Topic: The Age of Tech - Even in Emerging Markets
Replies: 13
Views: 1699

Re: The Age of Tech - Even in Emerging Markets

I think the geography is irrelevant and you are just seeing a new wave of businesses that are generally less capital intensive, and are very good and driving productivity across vast areas of the economy. Eventually when all the inefficiencies have been gained, costs wrung out of traditional busines...
by Snowjob
Tue Jun 27, 2017 5:32 am
Forum: Personal Consumer Issues
Topic: Stop saving and start spending
Replies: 67
Views: 9874

Re: Stop saving and start spending

For those who are wondering about current expenses, we have a baseline expenditure of $60K a year, with an additional $20K for private school and $20K for kids classes/travel. So, it is a total of $100K a year. A big chunk of the expenses are tied to kids and I expect this to go away in our retirem...
by Snowjob
Wed Jun 14, 2017 12:44 pm
Forum: Investing - Theory, News & General
Topic: A Current Perspective on Global Growth
Replies: 24
Views: 2934

Re: A Current Perspective on Global Growth

And this is another reason why all "future" additions to my taxable account are in VT.

Own it all and hope for the best, diversification and simplicity all in one.
by Snowjob
Wed Jun 14, 2017 12:33 pm
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 7957

Re: Is Inflation Dying of Old Age?

See Robert Gordon. Not sure he is entirely persuasive. I look around, and see some incredible technological changes going on. e.g. electric and autonomous vehicles. Maybe the impacts just haven't hit yet. Agree running hygenic water (ie sewers), the steam train & the telegraph are as big changes to...
by Snowjob
Sat Jun 10, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 7957

Re: Is Inflation Dying of Old Age?

Inflation is driven by a combination of the supply and velocity of money. To many things affecting the velocity right now, some that jump out at me are - Aging populations that consume less as discussed above - New Technology (think efficiency, comiditizers, sharing etc) which is a deflator over tim...
by Snowjob
Fri Jun 09, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: How to divide investments for early retirement
Replies: 16
Views: 2283

Re: How to divide investments for early retirement

Retiring early is difficult. In addition to lower income without Social Security kicking in, you also have to worry about increased health expenses at a time that you may not have insurance. The "number" you need for early retirement goes up exponentially the longer you need the money to last. Reti...
by Snowjob
Tue May 30, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley in taxable (early retirement)?
Replies: 17
Views: 2430

Re: Wellesley in taxable (early retirement)?

If your trying to minimize taxes what about vanguards tax managed balanced fund? 50/50 equity and munis, never paid out a CG. That's about as efficient as you can get with a balanced fund in taxable.
by Snowjob
Mon May 22, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 2338

Re: Missed window for selling Fairholme Fund (FAIRX)?

But one question about it: if we know that a certain change will be positive for a fund (in this case, Fannie and Freddie being "re-privatized") and that it will happen at some point in the future, is that as speculative as just hoping that a fund will increase in value? see my post *edit...
by Snowjob
Mon May 22, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Missed window for selling Fairholme Fund (FAIRX)?
Replies: 35
Views: 2338

Re: Missed window for selling Fairholme Fund (FAIRX)?

This fund was always so concentrated that I never understood why someone would pay the 1% expense ratio instead of just allocating some funds to the top 5 holdings which were typically around 50% (or more even??) of the funds assets. I could care less about st. Joes, sears is dead as you say. The on...
by Snowjob
Mon May 22, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 10228

Re: Net worth is overrated

Maybe we should measure retirement cashflows instead SS + Pension + SPIA + (Investments /25) That would be an apples to apples measuring stick. Considering I'm looking at a SS haircut and no pension it's going to be a really long uphill slog... the comparable net worth figures to older folks who hav...
by Snowjob
Mon May 22, 2017 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Present value of COLA pension
Replies: 20
Views: 2034

Re: Present value of COLA pension

Also depends on when it is accessible (could be worth a lot more!) then you would need to discount that back to your age today. In any case, had I understood the present value of money 15 years ago I (and I expect many) would have made different employment choices ex: Start at 50k in the private sec...
by Snowjob
Sat May 20, 2017 8:44 am
Forum: Investing - Theory, News & General
Topic: Demand for stocks too high? (investor behavior)
Replies: 20
Views: 2199

Re: Demand for stocks to high? (investor behavior)

If you are worried, your stock allocation is too high. I have no idea whether a 50% drop will happen tomorrow or ten years from now, but it certainly will happen at some point. If you can't absorb that risk you shouldn't be playing. Quite the opposite. As an accumulator, I'm more frustrated that el...
by Snowjob
Fri May 19, 2017 3:06 pm
Forum: Investing - Theory, News & General
Topic: Demand for stocks too high? (investor behavior)
Replies: 20
Views: 2199

Re: Demand for stocks to high? (investor behavior)

I don't think any of these point to high demand for stocks. Why does it matter if people prefer individual stocks or passive funds? Demand is calculated in aggregate. You other items may point to complacency. 2 better lines of though are "Secular Stagnation" and "New Normal". Bo...
by Snowjob
Fri May 19, 2017 2:35 pm
Forum: Investing - Theory, News & General
Topic: Demand for stocks too high? (investor behavior)
Replies: 20
Views: 2199

Demand for stocks too high? (investor behavior)

Anyone else worried about the demand for stocks? - People don't need to buy or follow individual names, indexing is more prevalent today - Buying the dip has been a rewarded behavior for many years now - 8 years into a recovery - The great recession (which was a traumatic experience), had a short re...
by Snowjob
Fri May 19, 2017 6:40 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 66
Views: 8670

Re: Milestone and not peeking. . .

...Yes, I always held a significant portion of bonds. When I was in my 30s I was holding a 50/50 stocks and bonds for several years. If I had to do it again, I would have been about 80/20, but it was all part of the learning process. Today I am 60/40 and plan to stay there for quite a while, if not...
by Snowjob
Fri May 19, 2017 6:33 am
Forum: Investing - Theory, News & General
Topic: Do stocks always go up long term?
Replies: 56
Views: 5293

Re: Do stocks always go up long term?

no, but the world is gambling that they will. if they don't, we are all largely screwed, and you better be able to adapt
by Snowjob
Fri May 19, 2017 6:26 am
Forum: Investing - Theory, News & General
Topic: Kitces - new tools for safe withdrawl rates
Replies: 3
Views: 1185

Re: Kitces - new tools for safe withdrawl rates

That's a pretty neat chart. I'd like it better, though, if they plotted everything in real (inflation-corrected) terms, rather than plotting everything in nominal terms. Without inflation correction, it's not obvious why the BusinessWeek story was called entitled "The Death of Equities." ...
by Snowjob
Fri May 19, 2017 6:18 am
Forum: Investing - Theory, News & General
Topic: Milestone and not peeking. . .
Replies: 66
Views: 8670

Re: Milestone and not peeking. . .

Congrats! I always like reading your posts debating this or that allocation, I think they are very relocatable to most people myself included. If I recall you have settled on the balanced fund as a 1 stop shop -- have you always held a significant number of bonds? Love hearing about the posters who ...
by Snowjob
Wed May 17, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Time to reach 1M and 2M milestones
Replies: 155
Views: 40859

Re: Time to reach 1M and 2M milestones

...I just went to the S&P return since March 2009 (the low) and US equities returned 17.45% a year (with div's reinvested). So if you escaped the mess with $500k in US equities, it would be worth approx $2M without contributing a dime and letting it ride/compound... The trick is having 500k in ...
by Snowjob
Wed May 10, 2017 3:40 pm
Forum: Investing - Theory, News & General
Topic: All-in-one Plus strategy
Replies: 65
Views: 3614

Re: All-in-one Plus strategy

NiceUnparticularMan, There are 3 approaches: A) Core fund only B) Core plus stock C) Core plus bond Klagfool, I actually had a similar thought [your option B] yesterday after the discussions in the thread below. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=218461&newpost=3363483&am...
by Snowjob
Wed May 10, 2017 2:04 pm
Forum: Investing - Theory, News & General
Topic: Why Does The 60/40 Work So Well?
Replies: 81
Views: 12648

Re: Why Does The 60/40 Work So Well?

...I don't need to decide that now, but I think if after a year or two into retirement it becomes clear we have "won the game" (we appear to have plenty to provide for basic needs, PLUS a reserve against future basic needs including as involving relatives, PLUS enough extra to give us ple...
by Snowjob
Wed May 10, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: Why Does The 60/40 Work So Well?
Replies: 81
Views: 12648

Re: Why Does The 60/40 Work So Well?

... And background research suggests this could in fact lead to a lot less anxiety and danger of adverse changes to plan (studies have specifically looked at less frequent information to combat these effects, and it appears to work quite well on average).... ... And yet I think there is a very good...
by Snowjob
Sat May 06, 2017 11:30 am
Forum: Personal Consumer Issues
Topic: Best Jambalaya in New Orleans??
Replies: 2
Views: 404

Best Jambalaya in New Orleans??

Wrapping up some time in the city and looking for some good jambalaya before I head home. Any suggestions?
by Snowjob
Sun Apr 30, 2017 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Dealing with regret
Replies: 102
Views: 9941

Re: Dealing with regret

...Every time I think about selling out at the bottom and missing the subsequent bull run, I feel nauseous. It's been eating away at me for years, coming to a head recently, where I'm actually losing my appetite and my ability to sleep. I know I set myself back terribly and plan to put much more aw...
by Snowjob
Fri Apr 28, 2017 2:04 pm
Forum: Investing - Theory, News & General
Topic: How Do You Like My New 'Doo
Replies: 78
Views: 17785

Re: How Do You Like My New 'Doo

...One thing I kept noticing was that the dividend yield of many of my stocks was higher than the yield in the Vanguard Total Bond Market ETF. My stocks have a good shot of creating an income stream from dividends that grows faster than inflation. As I near retirement, an inflation-adjusted income ...