Bogleheads.org

VictoriaF

If anyone out there hasn't come up with a dollar value for your free time, I would encourage them to do so. How would one go about doing that? I wouldn't know where to start. Here is my example with various assumptions: - I value my life at $12m. - I have 40 years left to live: 20 healthy years and...

VictoriaF

When you have a lot of time, and not much money.. money brings happiness. When you have a lot of money, but not much time... time brings happiness. When you have a lot of time and money (AKA retired)... you have won the game. :) The last line describes me with an important qualification: Winning a ...

VictoriaF

I think I’m frugal compared to most of my friends/relatives but I do spend on some things that some may not. • Pay $250-500 night for a hotel, resort, etc. Ridiculous. I love to travel but that’s throwing away money to me. I’ll stay at a Hampton Inn unless I can get a good deal on Priceline. Always...

VictoriaF

Seeing as we've been talking about Jane Austen in this thread, I thought this NPR column from today would be appropriate: http://www.npr.org/2017/07/25/538609475/the-enduring-legacy-of-jane-austens-truth-universally-acknowledged Oh Gordon, Out of all the people, I would not expect you to be in the ...

VictoriaF

Seeing as we've been talking about Jane Austen in this thread, I thought this NPR column from today would be appropriate: http://www.npr.org/2017/07/25/538609475/the-enduring-legacy-of-jane-austens-truth-universally-acknowledged Oh Gordon, Out of all the people, I would not expect you to be in the ...

VictoriaF

Some people have the gift of explaining and others don't. Many college professors have honed the art of explaining well. My favorite professors are Daniel Kahneman, Dan Ariely, Dan Gilbert --all men. No no -- that's Dan splaining. We're talking about something completely different. Thank you for gi...

VictoriaF

Bill Bernstein did the best job I've seen yet at trying to package and deliver Boglehead fundamentals to millennials in the most effective way. His "If You Can" ebook is excellent and that's my go to material to send to anyone who expresses an interest. Agree wholeheartedly. Women and men...

VictoriaF

I found the high proportion who use financial advisors depressing. The survey did not distinguish between those who might use them for advice about insurance, taxes, etc and those who pay someone to manage investments for them. The latter is a waste of money, so I like to think that most physicians...

VictoriaF

For others asking for the ability to do Roth conversions, do any 401ks actually allow this? Megacorp added In-plan Roth Rollover a few years back. In-plan Roth Rollover or in-plan Roth Conversion? In-plan Roth Rollover would allow to roll in Roth money from Roth IRAs and other Roth 401(k) plans. In...

VictoriaF

Mansplaining - "(of a man) explain (something) to someone, typically a woman, in a manner regarded as condescending or patronizing." "I'm listening to a guy mansplain economics to his wife" (Oxford Dictionary) My 22 year old daughter/recent college grad is very sensitive to this...

VictoriaF

OT but I have always been amazed by people that I consider intelligent, simply abandon any responsibility to manage/oversee their portfolio. If you are smart enough to acquire wealth shouldn't you also be capable of managing it? OT but there are even more people that I consider intelligent who simp...

VictoriaF

I - I fly economy. Me, too. Flying economy is one of the frugal habits I doubt I could ever break myself of. The per hour cost premium of business or first class is usually a significant amount more than my pay, and while economy is not pleasant, there are numerous worse discomforts in life. It's d...

VictoriaF

Frivolous: - I buy books. I agreed with almost all your frugal and frivolous choices, but I get all my books through the library. I can't imagine buying the 50+ books I read every year. I don't buy all the books I read. Mostly, I buy non-fiction books that I find particularly impactful and that I p...

VictoriaF

For me personally, all I want or "expect" in real terms from my growing LMP's 2017 purchase at auction of $X,000 TIPS is its real purchase price equivalent 30 years from now, coupons are secondary . Now of course I'm also pleased to collect the annual coupon payments on top of that, but t...

VictoriaF

Check out "Deep Work" by Cal Newport. Newport's main thesis is that multitasking and distractions are the root cause of low productivity and high stress. But you have to read the book to appreciate his arguments and examples. You will also notice that "everybody" can be wrong, an...

VictoriaF

I have developed spending habits based on my self-knowledge and preferences, some of which may be considered "extremely frugal" while others can be judged as "frivolous." Frugal: - I drive a 1997 Honda Civic and have no plans for replacing her. - I take public transportation in l...

VictoriaF

It is a good article. I think planning is somewhat different for married and single people. In a married couple, a debilitating disease of one spouse would impoverish the other spouse, and thus some game playing by the healthy spouse is probably justified. For a single person, the strategy is easier...

VictoriaF

What is CDG? Airport code for Charles de Gaul airport. Thank you for answering. To clarify: "Charles de Gaulle" requires too much typing and attention to the spelling, and so CDG is a real convenience rather than flaunting one's knowledge of airport codes. In contrast, I would refer to my...

VictoriaF

Poldark season 1 and 2. Prime video. Check it out. PBS masterpiece. In the Washington, DC, area watching previous seasons of Poldark requires enrolling in the PBS Passport, at $60/year or more. I intentionally live without a TV to limit my watching, and so getting a PBS subscription would be a slip...

VictoriaF

A "ladder" invokes an unfortunate analogy. A ladder to climb to the roof frequently fails. In contrast, a TIPS ladder is a stairway to heaven.

Victoria

VictoriaF

OT but I have always been amazed by people that I consider intelligent, simply abandon any responsibility to manage/oversee their portfolio. If you are smart enough to acquire wealth shouldn't you also be capable of managing it? OT but there are even more people that I consider intelligent who simp...

VictoriaF

Several years ago, I was considering living in Lyon for up to a year to study French. For now, my other activities and projects have pushed Lyon towards the back of the queue. After you return, I will be interested in your take on what it would be like to live in Lyon for a year. In preparation for ...

VictoriaF

"My mother and other strangers" - PBS Masterpiece Theater. I watched episode-4 when I was staying at a hotel and was disappointed that I would not be able to see its continuation because at home I don't have a TV. But then I discovered that episode-5 is currently available online. Victoria

VictoriaF

[The problem is that normal travel insurance does not cover the most interesting of my activities, which are the only activities worth insuring. Victoria World Nomads? They list every activity (un)imaginable. There's usually a coupon searchable online for 5-7% off. I wrote "normal" insura...

VictoriaF

You've caught me red-handed. Normally, I am critical of the victim mentality and American exceptionalism, and here I was engaging in both without realizing it. I am still deciding if spending money on travel insurance is worthwhile. But I will try to focus this decision making on my personal risks ...

VictoriaF

Thank you. So the Americans face higher medical costs not only at home but also in other countries, where all others pay nothing? Victoria Ha! American victim mentality? No. Americans are not singled out. An American pays the same as a Brazilian [or anyone else from most of the countries on the pla...

VictoriaF

I retired in my early 50's and believe it helped me age better with quality food eaten when I feel hungry. Plus the lack of stress and anxiety working with humans that I would never associate with in private life....Etc. SeeMoe.. :!: It hasn't been offered yet (early out or buyout) at my agency, bu...

VictoriaF

I download MP3 podcasts to listen to while walking:
- Freakonomics (NPR)
- TED Radio (NPR)
- Invisibilia (NPR)
- Sam Harris, https://www.samharris.org/podcast

Victoria

VictoriaF

I have just booked two trips: (1) from Paris, CDG, to Lorraine on the OuiGo train ($23.31, including extra charge for a suitcase) and (2) from Metz to CDG on the OuiBus bus ($22.20, suitcase is free) These trips are much less expensive than regular TGV trains on these dates between CDG and Lorraine/...

VictoriaF

Of want are you envious? If it is the car or the house, then maybe you should buy it? If not, I repeat, what do you envy? Maybe the OP is envious about being able to brag about something? I'm not sure. But: who says "it's not cool to brag about you portfolio?" Go ahead and do it, it you w...

VictoriaF

To put things in perspective: Until recently, even the most powerful monarchs did not have indoor toilets. Kings, emperors, czars, and shahs would envy Bogleheads' thrones. Contemplate your good fortune when either envy or nature calls. Victoria getting down to raw basics are we? and deep-seated tr...

VictoriaF

To put things in perspective:
Until recently, even the most powerful monarchs did not have indoor toilets. Kings, emperors, czars, and shahs would envy Bogleheads' thrones.
Contemplate your good fortune when either envy or nature calls.

Victoria

VictoriaF

To the man with a hammer, everything seems like a nail. For those with their noses buried deep in finance, economics, and investing, it's very easy to get fooled by complexity. As I've posted before, once you study outside the fields of finance, economics, and investing, you find--almost to an unca...

VictoriaF

As Bill Bernstein has said, if you know enough to choose an appropriate financial adviser you don't need one. From reading the Forum for over 15 years, I have noticed that the most egregious posters' financial problems resulted from their financial advisers putting them into inappropriate funds, ch...

VictoriaF

The Teddy Roosevelt quote, "Comparison is the thief of joy," has been of help to me. Teddy Roosevelt was an excellent president but he misunderstood the nature of comparison which is an integral feature of the human psyche. The mind always seeks a benchmark to compare various parameters t...

VictoriaF

SOME Medicare supplement plans provide partial coverage outside the US. Personally I feel very comfortable not buying additional insurance when I am traveling to western Europe. I would feel even less concerned going to Canada. Adam, why would you feel comfortable in Canada? Same reason as Europe. ...

VictoriaF

Thanks. I am interested if anyone had personal experience with using CSP or CSR medical coverage and how it worked for them. Victoria If you travel a lot and if the coverage is adequate for your needs, that $450 AF might be a bargain if the travel coverage substitutes for domestic coverage. I trave...

VictoriaF

I guess I'm a little envious...I can't show off our success because it's on our balance sheet and not the parking lot. Ok, I feel a little better for posting that. Anyone else know where I'm coming from? Exactly where you are coming from. I can not talk personal accomplishments regarding balance sh...

VictoriaF

SOME Medicare supplement plans provide partial coverage outside the US. Personally I feel very comfortable not buying additional insurance when I am traveling to western Europe. I would feel even less concerned going to Canada. One of the injury accidents that I was privy to you, mentioned above, h...

VictoriaF

SOME Medicare supplement plans provide partial coverage outside the US. Personally I feel very comfortable not buying additional insurance when I am traveling to western Europe. I would feel even less concerned going to Canada. One of the injury accidents that I was privy to you, mentioned above, h...

VictoriaF

It appears that Chase Sapphire Reserve (CSR) provides travel medical coverage, whereas Chase Sapphire Preferred (CSP) does not. Can anyone confirm this? Thank you, Victoria For any of the card perks, double check whether "medical" includes pre-existing conditions, and how those are define...

VictoriaF

Travel medical insurance is probably over-priced, because those who think they may need it are more likely to buy it. Has anyone had experience with medical insurance provided by credit cards such as Chase Sapphire Preferred/Reserved?

Victoria

VictoriaF

It appears that Chase Sapphire Reserve (CSR) provides travel medical coverage, whereas Chase Sapphire Preferred (CSP) does not. Can anyone confirm this?

Thank you,
Victoria

VictoriaF

mak1277 wrote:Read books to him

By the time I was 3-year old I was reading books to them.

Victoria

VictoriaF

I just don't get it. They keep ramping up the rewards for being an unloyal customer, while the interest rate stays stagnant. At this point, it would not take much more of a rate increase on Ally's part to finally get me to ditch CapitalOne. The only reason I'm still with CapitalOne is because I'm s...

VictoriaF

Peter Foley wrote:If one of your plans for a day trip does not work out, you might try a day trip to Tarragona as a substitute.

Thank you, Peter!

I looked up Tarragona in my guide book: it looks wonderful and only about 1.5 hours by train. I might visit it instead of Andorra.

Victoria

VictoriaF

stemikger wrote:
simplesimon wrote:What principles of a buy and hold strategy does he have issues with?

+1

Don't know anything about this book, but the title sounds like financial porn.

Since this is a book about death, shouldn't it be necrophilic financial porn?

Victoria

VictoriaF

But first I must state this: after reading the book I must say that unless you have been in 2 down markets you really don't how you will react. Also, having $10,000 in the market vs $1 million in the market makes a big difference. Being in a bear market and losing $4000 is a not as painful as losin...

VictoriaF

The Sound and Fury by Faulkner It's the only classic I've read so far that I've despised. I knew going into it that the writing technique was experimental and intentionally challenging. I was able after a while to generally keep track of what was going on in the story, but it was so much effort to ...

VictoriaF

I just heard on the radio the other day that only 10% of people use their air miles. Can't imagine payng for a credit card. No matter what they offer. In general, it's a good idea to incorporate base rates in your assessments. However, in this case, people not using their reward miles and points ar...

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