Search found 624 matches

by Will do good
Wed Apr 18, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Broke up with my girlfriend for financial reasons: crazy?
Replies: 53
Views: 3024

Re: Broke up with my girlfriend for financial reasons: crazy?

I understand your position, might not agree to it all. Instead of black and white or breaking it off, could you have explained to her how you feel and give her a change to see your position and maybe, maybe she would change? To be fair you do earn a high income comparing to her, so most likely she s...
by Will do good
Tue Apr 17, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: underwater camera advice
Replies: 18
Views: 603

Re: underwater camera advice

How about instead of buying a so so camera that you most likely never use again, rent the best camera for a faction of the cost?

I have rent from them for many commercial pro shoots, https://www.lensrentals.com/
by Will do good
Sun Apr 15, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Dealing with poorly assigned hotel rooms?
Replies: 41
Views: 3110

Re: Dealing with poorly assigned hotel rooms?

We always travel with ear plugs, expensive or cheap hotel, it doesn't matter. We were at a expensive hotel on a wedding party night, our room was by the pool/banquet area, very noisy until midnight. We were in Asia and the bars/dance clubs down the street was having a great time until 2am. Always tr...
by Will do good
Sat Apr 14, 2018 6:06 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 122
Views: 6534

Re: BH travel tips?

I can wear my Merino socks for 3-5 days before washing them, it stay fresh and no smell at all. Worked for our month long trips to Europe and Asia.

Instead of buying expensive travel clothes that are oder free and quick drying such as REI, I like Uniqlo AIRism line for half the price.
by Will do good
Sat Apr 14, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 122
Views: 6534

Re: BH travel tips?

lthenderson wrote:
Sat Apr 14, 2018 9:36 am
I pull out a map and locate all the hot travel destinations and then pick a point somewhere in the middle that avoids all of them.
Smart!
by Will do good
Thu Apr 12, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to buy new appliances when there's a good sale before you need them?
Replies: 28
Views: 1678

Re: Does it make sense to buy new appliances when there's a good sale before you need them?

No.

We had few rental apartment units and our appliances are the basic models, even with the abuse by our tenants they last much more than 10 years on the average. Sales comes in many time a year.
by Will do good
Wed Apr 11, 2018 7:00 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5120

Re: Retirees: Who's increasing their equities as they age?

TravelforFun wrote:
Wed Apr 11, 2018 6:48 pm
I keep 10 years worth of my expenses in bonds, MM, and cash, and therefore, I let my AA changes freely. The equity portion of my AA has risen gradually the last few years but I don't adjust it back down.

TravelforFun
Good idea.
by Will do good
Wed Apr 11, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5120

Re: Retirees: Who's increasing their equities as they age?

We will increase our equities as we age, current AA 55/45 1. When we gets Medicare 2. When we collect SS at 70 Our goal is to grow the portfolio for future generations. +1 MrPotatoHead and Will do good : I understand changing asset allocation when you collect SS at 70 because you will have a lower ...
by Will do good
Wed Apr 11, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5120

Re: Retirees: Who's increasing their equities as they age?

We will increase our equities as we age, current AA 55/45 1. When we gets Medicare 2. When we collect SS at 70 Our goal is to grow the portfolio for future generations. +1 MrPotatoHead and Will do good : I understand changing asset allocation when you collect SS at 70 because you will have a lower ...
by Will do good
Tue Apr 10, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: Retirees: Who's increasing their equities as they age?
Replies: 74
Views: 5120

Re: Retirees: Who's increasing their equities as they age?

We will increase our equities as we age, current AA 55/45

1. When we gets Medicare
2. When we collect SS at 70

Our goal is to grow the portfolio for future generations.
by Will do good
Sat Mar 31, 2018 7:40 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 50
Views: 6197

Re: What’s the magic savings rate???

blinx77 wrote:
Sat Mar 31, 2018 7:36 pm
Sorry, 30% on $225k with no kids is weaksauce. You should be able to hit 50% even in SF/NY/DC, even more elsewhere.
+1

Near the end of my career with 2 kids in college, I was still saving more that the OP. LBYM!
by Will do good
Fri Mar 30, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: When did you know your kids would go to college?
Replies: 91
Views: 4042

Re: When did you know your kids would go to college?

In my family college is expected for all our kids. So we saved for their education, as expected.
by Will do good
Wed Mar 28, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8059

Re: How old were you when you started spending your “principal”?

I Retired in 1999 at age 56. On a nominal basis my portfolio went below its starting level for the first time in July 2002 and again in February 2009. Today it's 1.95 the nominal starting value. On a more important real basis, it went below the starting level on Sept 2001, June 2002, September 2008...
by Will do good
Wed Mar 28, 2018 9:22 am
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8059

Re: How old were you when you started spending your “principal”?

I Retired in 1999 at age 56. On a nominal basis my portfolio went below its starting level for the first time in July 2002 and again in February 2009. Today it's 1.95 the nominal starting value. On a more important real basis, it went below the starting level on Sept 2001, June 2002, September 2008...
by Will do good
Tue Mar 27, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8059

Re: How old were you when you started spending your “principal”?

I Retired in 1999 at age 56. On a nominal basis my portfolio went below its starting level for the first time in July 2002 and again in February 2009. Today it's 1.95 the nominal starting value. On a more important real basis, it went below the starting level on Sept 2001, June 2002, September 2008...
by Will do good
Sun Mar 25, 2018 11:09 pm
Forum: Investing - Theory, News & General
Topic: How old were you when you started spending your “principal”?
Replies: 90
Views: 8059

Re: How old were you when you started spending your “principal”?

I Retired in 1999 at age 56. On a nominal basis my portfolio went below its starting level for the first time in July 2002 and again in February 2009. Today it's 1.95 the nominal starting value. On a more important real basis, it went below the starting level on Sept 2001, June 2002, September 2008...
by Will do good
Thu Mar 22, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: Working till retirement is not a great plan
Replies: 175
Views: 13491

Re: Working till retirement is not a great plan

Only 1 friends of our was not layoff around 50yo. I was layoff at 52. We always LBYM and had a freelancing business while I was working at the megacorp, developing contacts and clients etc... Right after the layoff I focused on my own business instead of looking for another megacorp job, I figured g...
by Will do good
Thu Mar 22, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 329
Views: 21671

Re: Anyone Deleting Facebook?

Use it for about a month years ago and realized I didn't want to be manipulated by their sensation news or their algorithm.
Besides, our friends who posted are mostly humble bragging, didn't want to be part of that.
by Will do good
Fri Mar 16, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Should I join Mensa?
Replies: 39
Views: 1969

Re: Should I join Mensa?

Hell, I barely got out of high school and college. :oops:
by Will do good
Fri Mar 16, 2018 6:44 am
Forum: Personal Consumer Issues
Topic: Boglehead business travelers - preferences
Replies: 23
Views: 2235

Re: Boglehead business travelers - preferences

When I frequently traveled for business my employer dictated each and every one of those things, on pain of not being reimbursed without a very good documented excuse. PJW +1 Mostly AA business class National Four Seasons, Ritz, if these are two sold out our corporate rates than W :beer Today I own...
by Will do good
Mon Mar 12, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: traveling to mexico, should I be concerned?
Replies: 107
Views: 8522

Re: traveling to mexico, should I be concerned?

I was there a month ago and felt safer than most cities in the States. Your probably far more likely to die from terrorism in NYC or Washington DC than anywhere in Mexico. You’re probably also more likely to get struck by lightning and win the lottery in the same day than getting blown up by a terr...
by Will do good
Wed Feb 07, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: market downturn
Replies: 13
Views: 1021

Re: market downturn

We're retired at 55/45. But once we start SS at 70 we may go as high as 75/25 to grow our portfolio again for future generations.
With SS our WR is <2%, we can take more risk.
by Will do good
Mon Feb 05, 2018 8:01 pm
Forum: Investing - Help with Personal Investments
Topic: Retired at 50. Staying 100% in stock Index Funds. Anyone else?
Replies: 153
Views: 14210

Re: Retired at 50. Staying 100% in stock Index Funds. Anyone else?

Shortly after retirement, the market begins a two-year slide where the total loss is 50%. After being retired two years, fearless now has a portfolio of $880,000 dollars (50% drop, $120k in withdrawals), after starting with $2,000,000. Yes, but none of those doom and gloom scenarios ever materializ...
by Will do good
Mon Feb 05, 2018 1:40 pm
Forum: Investing - Theory, News & General
Topic: "Bitcoin is my potential pension"
Replies: 54
Views: 8020

Re: "Bitcoin is my potential pension"

I feel really sad for many of these people, they don't know any better (uneducated or otherwise) and keep digging deeper into debt.
Their problem will turn into family problem and than will turn into our (public) problem.
by Will do good
Sun Feb 04, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: Applying for a passport with a credit freeze
Replies: 7
Views: 743

Re: Applying for a passport with a credit freeze

They don'y need you to unfreeze anything.
by Will do good
Sun Feb 04, 2018 3:43 pm
Forum: Personal Consumer Issues
Topic: T-Mobile Coverage in Rural Areas
Replies: 31
Views: 1208

Re: T-Mobile Coverage in Rural Areas

As mentioned above you can download a map section in Google Maps so you can use it offline if you don't have a connection. That helps considerably. But no navigation if you are offline so you have maps but you'll need to navigate yourself. That's not true, when we were up at Yosemite our offline ma...
by Will do good
Fri Feb 02, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 8045

Re: What advice would you give yourself if you were 27 again?

You will live a lucky/charm life, don't worry so much.

Spend even more time with your wife and kids.

10x your position on Apple and don't sell any until 2.1.2018
by Will do good
Tue Jan 30, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Still working out of greed or fear?
Replies: 46
Views: 5033

Re: Still working out of greed or fear?

OP, How about Option C - Ignorance (AutoPilot) . In my case, it snuck up on me. I have been on AutoPilot, living below my means, savings and never really thought I was ready to retire. Mostly because I hadn’t really done the research or analysis on how much I would need and how it would all work. F...
by Will do good
Sat Jan 27, 2018 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 7037

Re: Who taught you about financial responsibility?

Self-taught, both my parents are not good with money.
by Will do good
Mon Jan 22, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9292

Re: The Power of Working Longer

Without getting into the weeds of the authors' methods, their conclusion doesn't seem to be valid. For instance, saving $1k a month at 0% return for 30 years leaves you with $360k, but a 1% return leaves you with $417k, a difference of $57k or 57 months of saving at 0% return. As the rates of retur...
by Will do good
Sun Jan 21, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 363
Views: 39178

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I am one of these retirees. Here is my story. My Retiree Story Originally Posted December 02, 2010; Updated January 11, 2018 I retired at age 57 at the end of 1999, I am 75 1/2 now. I planned to take Social Security at 62 and to start withdrawing from my IRA at the same time. Therefore, to fill the...
by Will do good
Sat Jan 20, 2018 11:14 pm
Forum: Personal Consumer Issues
Topic: Rent (free at library) or buy books?
Replies: 50
Views: 3056

Re: Rent (free at library) or buy books?

60% library books, 35% Audible books, 5% purchase from Amazon, more or less.
by Will do good
Fri Jan 19, 2018 2:18 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 62813

Re: Keep cash for a down period

If you are retired and are selling investments for expenses, have at least three years of your normal distribution needs in cash accounts so that you don't have to sell when the markets, both stock and bonds, are low. If you don't have that cushion, you will have no choice but to sell. You can't ev...
by Will do good
Thu Jan 18, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7798

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

I have learned so much from WCI. I'll be happy to pay for the new course for my kids if they are interested and willing to learn.
Comparing to the how much I already paid for their college education ($400k+), this is cheap.
by Will do good
Thu Jan 18, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: What are some good, older threads?
Replies: 20
Views: 2129

Re: What are some good, older threads?

Here We Go Again: SWR 2.5% or 5.5%?
viewtopic.php?f=10&t=182496&newpost=2766317

How to pay ZERO taxes in retirement with 6-figure expenses
viewtopic.php?t=87471
by Will do good
Wed Jan 17, 2018 4:39 pm
Forum: Investing - Theory, News & General
Topic: Amazing how much your IPS can de-stress your life
Replies: 29
Views: 4149

Re: Amazing how much your IPS can de-stress your life

:sharebeer

If your IPS includes 2-4 years of expenses in cash/CD you are pretty safe (It's even better if you have a job.), anything 50/50 and 2-4 years of cash/CD can't protect, we have a much bigger problem.
by Will do good
Tue Jan 16, 2018 3:47 pm
Forum: Investing - Theory, News & General
Topic: What's your one big takeaway from the Crash of 2008?
Replies: 379
Views: 62813

Re: What's your one big takeaway from the Crash of 2008?

A good reminder to have AA you can live with.
by Will do good
Fri Jan 12, 2018 8:25 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 363
Views: 39178

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I just wanted to know that if you had to you could live off of the 100% stock portfolio knowing that it's very volatile? In other words just live off the income from the portfolio but let the portfolio float in the market. If your portfolio is big enough relative to your withdrawals and you can sta...
by Will do good
Fri Jan 12, 2018 7:53 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 257
Views: 23895

Re: Post your Financial Milestone Announcements Here

I just passed the $100k mark in my 401k this morning! I started with my company in July 2012 and this was the first year I was able to max the contribution limit. I didn't contribute anything in 2015 while I was on my debt-free journey but once I got down I was able to set my contribution at 25% in...
by Will do good
Thu Jan 11, 2018 10:14 am
Forum: Investing - Theory, News & General
Topic: Running Maximum Withdrawal Percentage: Any data on this?
Replies: 26
Views: 1680

Re: Running Maximum Withdrawal Percentage: Any data on this?

For the many of us that worries about 4%, this is a good reminder to plan for the worst but don't be so afraid the sky falling.
Follow Taylor Larimore advice and be flexible.
by Will do good
Tue Jan 09, 2018 5:07 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 363
Views: 39178

Re: Year 2000 retirees using the '4% rule' - Where are they now?

I retired in 1998, but I will look at what I had on January 2000. At retirement I decided not to use the "4% rule", but to take out an annual average of 4.5% and not increase for inflation. The reasons were that I knew that expenses would not be the same annually so my withdrawals were certain to b...
by Will do good
Tue Jan 09, 2018 11:37 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 363
Views: 39178

Re: Year 2000 retirees using the '4% rule' - Where are they now?

What this shows is that, yeah, a 4 % withdrawal rate, upped w inflation, works over 30 years. But you have to have a stomach of steel and be ok watching your nest egg get at least partially consumed. This argues for Bernstein’s more conservative 2-3%. Your retired and have no income. Why should you...
by Will do good
Mon Jan 08, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20487

Re: Anyone disenchanted with retirement?

Retired 1.5 years ago, when not travel overseas with DW and if a project pop up I will take it. I mostly love my job.
Otherwise retirement is wonderful, I get to do what and when I want it!
by Will do good
Mon Jan 08, 2018 11:23 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 9918

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

Jags4186 wrote:
Mon Jan 08, 2018 10:09 am
The forum would be pretty boring if everyone followed all the rules...only actionable threads, no duplicate posts, read the wiki before asking questions...
+1
by Will do good
Mon Jan 08, 2018 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Can you ever win the game?
Replies: 50
Views: 5358

Re: Can you ever win the game?

Deleted
by Will do good
Sat Jan 06, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take this promotion?
Replies: 26
Views: 2098

Re: Should I take this promotion?

Always say yes to opportunities.
by Will do good
Thu Jan 04, 2018 11:32 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 50
Views: 6296

Re: Can I retire now?

jburke wrote:
Thu Jan 04, 2018 11:10 pm
I'm thinking I should work for another year or two and then re-evaluate. There seems to be quite a bit of doubt as to whether I could stretch my money out in the long run.
+1, good idea.
You are young, and very close to FI. Extra few years of work would be much safer for such a long retirement.