Search found 1292 matches

by Snowjob
Tue Aug 15, 2017 11:29 am
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 74
Views: 5137

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: 6393

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: 1998

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: 7589

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: 32
Views: 2460

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: 9534

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: 1871

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: 5010

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: 5437

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: 5437

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: 5437

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: 5712

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: 4008

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: 877

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: 6
Views: 833

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 explicitl...
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: 1563

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: 9413

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: 2003

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: 7353

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 change...
by Snowjob
Sat Jun 10, 2017 9:52 am
Forum: Investing - Theory, News & General
Topic: Is Inflation Dying of Old Age?
Replies: 82
Views: 7353

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: 2125

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 ...
by Snowjob
Tue May 30, 2017 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Wellesley in taxable (early retirement)?
Replies: 17
Views: 2304

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: 2156

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: 2156

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: 9897

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: 1881

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: 2037

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: 2037

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: 2037

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: 8324

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: 4962

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: 1086

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: 8324

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: 143
Views: 35911

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: 3325

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: 12163

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: 12163

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: 345

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: 9595

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: 60
Views: 14380

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 ...
by Snowjob
Sun Apr 23, 2017 9:22 am
Forum: Investing - Theory, News & General
Topic: Is there any reason a buy-and-hold investor would buy gold?
Replies: 121
Views: 7345

Re: Is there any reason a buy-and-hold investor would buy gold?

For all the theory that the physiological link to gold as money will die over time with the youth in this country post, it is interesting to come back to this. If the world eventually loses interest it would be the central banks that are on the hook for the biggest losses right? You have to be care...
by Snowjob
Tue Apr 18, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Is there any reason a buy-and-hold investor would buy gold?
Replies: 121
Views: 7345

Re: Is there any reason a buy-and-hold investor would buy gold?

...I find it interesting that the U.S. and Germany are the 2 largest holders of the metal... For all the theory that the physiological link to gold as money will die over time with the youth in this country post, it is interesting to come back to this. If the world eventually loses interest it woul...
by Snowjob
Tue Apr 18, 2017 8:03 am
Forum: Investing - Theory, News & General
Topic: Janus Unconstrained, almost three years in...
Replies: 27
Views: 3695

Re: Janus Unconstrained, almost three years in...

I do recall reading one of Bill Gross' investor letters some years ago (probably around the time of the break with PIMCO) called man in the mirror where he does comptemplate how much of his success was just simply dumb luck of being on the right side of a 30 year bull market. :beer
by Snowjob
Mon Apr 17, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: TIPS for younger retiree
Replies: 2
Views: 403

Re: TIPS for younger retiree

I'm really glad you posted this because I was about to post a hypothetical situation to which you have basically described. Essentially, how much inflation insurance should I buy given a substantial time gap between early retirement (49) and Social security (70) Given that I had not planned on buyin...
by Snowjob
Mon Apr 17, 2017 8:07 am
Forum: Investing - Theory, News & General
Topic: Is there any reason a buy-and-hold investor would buy gold?
Replies: 121
Views: 7345

Re: Is there any reason a buy-and-hold investor would buy gold?

I struggle with the idea of it. It certainly would be an insurance policy of sorts, maybe 3-4% of the portfolio. In reality I am willing to bank that the US does not collapse in my life time. if so that gold will still be relatively useless anyway imo. Like most people I look at the early 1970's and...
by Snowjob
Sun Apr 16, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Why do you save?
Replies: 31
Views: 2342

Re: Why do you save?

I suppose the specific goal (function of portfolio size etc) changes over time but the purpose of my savings is to replace income when sufficient employment is no longer attenable. No one really knows when that will be and considering risk of detachment from the workforce increases exponentially as ...
by Snowjob
Thu Apr 13, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: When need and want take different paths.......
Replies: 30
Views: 2532

Re: When need and want take different paths.......

...You don't need it, you don't drive much anymore (5K annual)... Unless you are talking about a classic car, this actually would be a scenario where a lease makes sense. Think of it as an expensive 3 year rental trial period. If you really like it then you can buy it knowing you will be satisfied....
by Snowjob
Wed Apr 12, 2017 6:21 am
Forum: Investing - Theory, News & General
Topic: Rebalancing Stock/Bonds ratio based on long term technical analysis?
Replies: 6
Views: 708

Re: Rebalancing Stock/Bonds ratio based on long term technical analysis?

Someone on this forum did that successfully years ago but I don't recall their name. They did retire early from it. I supposed during their stretch it worked out great. I would be scared to try it and end up being wrong, I'm sure there are many examples of it not working out also.
by Snowjob
Tue Apr 11, 2017 9:27 am
Forum: Personal Finance (Not Investing)
Topic: When to slow down.
Replies: 33
Views: 5656

Re: When to slow down.

You already did the biggies... Out of Debt, Started an EF.. Started a Roth.. I would continue (to the extent that there is no strain on your relationship) until you end up with a year's expenses in the emergency fund. After that I'd scale back to one job and re-prioritize. Congrats on digging out qu...
by Snowjob
Sat Apr 08, 2017 9:06 am
Forum: Investing - Theory, News & General
Topic: When a company is bought out, what happens to the stock (like with Panera/Krispy Kreme)?
Replies: 34
Views: 4151

Re: When a company is bought out, what happens to the stock (like with Panera/Krispy Kreme)?

...You had individual stock risk.... Yep, if you get rid of individual stocks / bonds / options / margin / market timing etc. you take market risk and get market returns. At that point your place in the future economic food chain becomes based on your savings rate. Taking additional risk opens you ...