Search found 2333 matches

by am
Wed Sep 20, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Psychological effects of Early Retirement in peak earning years.
Replies: 63
Views: 6446

Re: Physiological effects of Early Retirement in peak earning years.

My father died when he was 58. I retired as early as I could. This ^ post brings it all into proper context. You can always make more money. You can't make more time. DH died earlier this year at 55. We had even made plans for early retirement, which should have been early this year. Unfortunately ...
by am
Wed Sep 20, 2017 2:15 pm
Forum: Investing - Theory, News & General
Topic: Income from Uncorrelated Commodities
Replies: 22
Views: 429

Re: Income from Uncorrelated Commodities

I found a fund called SIVR which holds physical silver in a vault to avoid the contract exposure issue. I also found an ETF called DBC which has 14 commodities but uses contracts. Hmm. Dbc invests in collaterlized commodity futures,has high expenses, issues with front running contango, k1 form if r...
by am
Wed Sep 20, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard total us dividend for Sept?
Replies: 10
Views: 928

Re: Vanguard total us dividend for Sept?

The fund does not show a distribution for Sept. which seems unusual. Is this an error? https://personal.vanguard.com/us/funds/distributions?FundId=0970&FundIntExt=INT No, the distribution for Total US Stock Market is for today, so you will see it after close of business at 6PM tonight. Why is it no...
by am
Wed Sep 20, 2017 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard total us dividend for Sept?
Replies: 10
Views: 928

Vanguard total us dividend for Sept?

The fund does not show a distribution for Sept. which seems unusual. Is this an error?

https://personal.vanguard.com/us/funds/ ... IntExt=INT
by am
Sun Sep 17, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 154
Views: 12184

Re: Let's talk about your FI # and family income [Financial Independence]

If you made mid 6 figures (150 or 500, however you look at it) sure you can (and I do save a lot) but do you really want to quit at 30 and live in a rural are for the rest of your life? Medical risk flashes for me. I've saved agressively - roughly half my income since I started working but it takes...
by am
Sun Sep 17, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 154
Views: 12184

Re: Let's talk about your FI # and family income

This threads crack me up. You guys with deep six figure incomes and you are trying to figure out retirement and such. This forum is infuriating sometimes. If I made mid six figures I'd be retired in three years and on a hillside somewhere over looking nature enjoying the hell out of life. As a smal...
by am
Sun Sep 17, 2017 10:16 am
Forum: Investing - Theory, News & General
Topic: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy
Replies: 51
Views: 3742

Re: Article--The reason Jack Bogle doesn’t fly first class says everything about his investing legacy

I always wonder if taking frugality too far sets you up for major regrets as you get older. If you have the cash to buy something you value or want without going into debt, than its probably best to go for it. I am early 40s with income and assets in top percentiles but live below my means. Perhaps ...
by am
Sun Sep 17, 2017 10:11 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 165
Views: 9593

Re: Bitcoin in 3-fund indexed portfolio?

Thanks for the link. It was an interesting read, but I'll guess that you are relying on technical analysis. Technical analysis is useless for predicting the future. I call them as I see them, much like picking the winner of a football game. Actually the "experts" are pumping a floor of $3000 so tha...
by am
Sun Sep 17, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 154
Views: 12184

Re: Let's talk about your FI # and family income

Household income about 400k, early 40s. Financial independence is 2.5 mil, paid off house and paid for kids college. So far paid off house and 50% to where college and retirement accounts are where I want them to be. Pension at 62 of 20k/yr from poorly funded state (big ?) and SS down the line. My b...
by am
Sat Sep 16, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Psychological effects of Early Retirement in peak earning years.
Replies: 63
Views: 6446

Re: Physiological effects of Early Retirement in peak earning years.

it is hard to imagine just tuning off the lights on my career one day as a physician. After spending most of life studying to become one and working, it is terrifying to just let it go. With my career being so time consuming, I haven't developed as many friends and hobbies as I would like. I feel li...
by am
Thu Sep 14, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin is dropping right now after a big Chinese exchange announces closure
Replies: 81
Views: 5512

Re: Bitcoin is dropping right now after a big Chinese exchange announces closure

What's to prevent other governments from banning exchanges and therefore practically making them worthless? I have a small gamble in these coins but am fully prepared to go to 0 on these. It's also much harder to not sell while they're hemorraging since there is no intrinsic value and nothing stoppi...
by am
Mon Sep 11, 2017 8:47 am
Forum: Investing - Theory, News & General
Topic: Bitcoin in 3-fund indexed portfolio?
Replies: 165
Views: 9593

Re: Bitcoin in 3-fund indexed portfolio?

https://www.leaprate.com/cryptocurrency ... exchanges/

Wonder how China closing local exchanges will be on the currency? Is this the nail in the coffin as other countries follow or simply a bump in the road?
by am
Sun Sep 03, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

Bitcoin is nothing I either care about or wish to know about, other than extremely incidental. When I was in a college lab in 1995 using the than so called internet, I also thought it was something I do not wish to know or care about, LOL, I get your point. OTOH, back in the mid and latter 1990's I...
by am
Sun Sep 03, 2017 1:37 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

midareff wrote:
Sun Sep 03, 2017 1:34 pm
Bitcoin is nothing I either care about or wish to know about, other than extremely incidental.
When I was in a college lab in 1995 using the than so called internet, I also thought it was something I do not wish to know or care about,
by am
Sun Sep 03, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: The Stock Market Is Always Risky
Replies: 42
Views: 3294

Re: The Stock Market Is Always Risky

After buying some cryptocurrencies for fun and watching the value zig zag, makes the stock market a calm breeze :)
by am
Sun Sep 03, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

selftalk wrote:
Fri Sep 01, 2017 5:44 pm
In my opinion Bitcoin is just something else to gamble on.
A store of value that no one has to know about, is portable, secure, and can be used to buy stuff anywhere there is a computer.
by am
Sun Sep 03, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Humble dollar article on munis
Replies: 6
Views: 640

Humble dollar article on munis

http://www.humbledollar.com/2017/08/who-needs-munis/ Article makes the case that munis are rarely needed. Keep stocks in taxable to gain tax advantages and put higher yielding taxable bonds into tax deferred. If need cash, than sell stocks from taxable and buy stocks in tax deferred. I have quite a ...
by am
Sun Sep 03, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: Leasing versus buying car with business deduction and all cash
Replies: 2
Views: 316

Leasing versus buying car with business deduction and all cash

It is likely we will need a new car in the near future (current 3 series BMW has 100k miles). What would make more sense from a financial perspective. Leasing a vehicle under my wife's business and deducting it as an expense or simply buying our vehicle for cash outside the business? We have had our...
by am
Thu Aug 31, 2017 1:22 pm
Forum: Investing - Theory, News & General
Topic: Put These Charts On Your Wall
Replies: 11
Views: 3119

Re: For anyone worried about the current markets

I think most who hang out here have learned to tune out the noise and ignore "experts".
by am
Sun Aug 27, 2017 12:35 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

Yes, agree, there likely is a bubble, but it does not mean cryptocurrencies and the technology behind them are ever going away. And the bubble may last for years allowing those not too greedy to capitalize. A point of concern for me is how bitcoin had a fork and split into bitcoin and bitcoin cash r...
by am
Sat Aug 26, 2017 3:44 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

Is one of the biggest risks government intervention? Some foreign governments have already outlawed cryptocurrencies. But does this mean that people in those countries can't/won't use it? I wonder if widespread use as an alternative currency in the us or the world will be enough to make it mainstrea...
by am
Sat Aug 26, 2017 11:34 am
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

Are they working on a solution to this? Also, what happens when we reach the next fork, as far as potential of bitcoin itself? The crazy thing is that many developers in the Bitcoin Core group believe that high fees are a feature, not a bug. The folks that wanted larger block size and lower fees al...
by am
Sat Aug 26, 2017 10:56 am
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

A lot of the bitcoin discussion goes on at reddit in r/Bitcoin forum. In this thread someone is trying to send $400 and the fee is $60. Then an interesting discussion follows. https://www.reddit.com/r/Bitcoin/comments/6vx61u/btc_fees_wtf/ This is how Bitcoin works under the hood. Every transaction ...
by am
Fri Aug 25, 2017 8:33 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

Just bought $600 worth of bitcoin. Plan on buying $1k a month. Risk vs reward. I need to make it big. Good luck! I bet some money also :) There are limitations for greater expansion of bitcoin right now, plus the governments are sure to put their paws on it given potential loss of control. The odds...
by am
Fri Aug 25, 2017 2:54 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

From my understanding, bitcoin has most widespread acdeptance as a currency. Etherium seems to be more than a currency with applications in a wide range of industries such as contracts, finacial and insurance transactions. Although etherium is in its infancy. Bitcoin has a limited number of coins 21...
by am
Fri Aug 25, 2017 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Taxes and safe swr
Replies: 41
Views: 1969

Taxes and safe swr

After reading the thread about swr being 4.5% for 30 yr and closer to 4% for >30yr retirements, I would like to know how to handle the tax burden of withdrawals into this figure? Seems like it would be difficult to know in advance since it depends on which accounts you withdraw from, marital status,...
by am
Thu Aug 24, 2017 6:51 am
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 13706

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

My biggest take away was 4% rule works much different than I thought. Granted I never read about it rather than name, it made me realize not to assume much in finance. The 4% /4.5% rule is just the percentage for the starting year . From then onward, the amount is adjusted every year for inflation....
by am
Wed Aug 23, 2017 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"
Replies: 119
Views: 13706

Re: "I'm Bill Bengen, and I first proposed the 4% safe withdrawal rate in 1994. Ask me anything!"

I like the >4% but have heard that in many foreign markets, this would not have worked. Any thoughts?
by am
Tue Aug 22, 2017 7:02 pm
Forum: Investing - Theory, News & General
Topic: What is Bitcoin?
Replies: 208
Views: 23172

Re: What is Bitcoin?

How do we know which of the cryptocurrencies will be dominant in the future? Wish there was an etf index fund encompassing cryptocurrencies by capitalization. How about GBTC?
by am
Sun Aug 20, 2017 1:07 pm
Forum: Investing - Help with Personal Investments
Topic: Play money bet gbtc (bitcoin etf)
Replies: 6
Views: 703

Re: Play money bet gbtc (bitcoin etf)

Coinbase asks for a copy of my drivers license. Makes me feel uneasy about this. Anyone have any experience?

Also does the market operate 24/7 or will I have to wait until Monday to get my order placed?
by am
Sun Aug 20, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Play money bet gbtc (bitcoin etf)
Replies: 6
Views: 703

Re: Play money bet gbtc (bitcoin etf)

Is there any other way to get in on cryptocurrencies within a tax advantaged account for a small amount?
by am
Sun Aug 20, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 15795

Re: Jobs that pay over $100,000

Physician. Guaranteed >100k, geographic flexibility, do good, stable. Just make sure to pick a lifestyle field with high salary. Not easy life but works for me.
by am
Sun Aug 20, 2017 10:59 am
Forum: Investing - Theory, News & General
Topic: I own no international stocks. Can you guess why?
Replies: 167
Views: 13296

Re: I own no international stocks. Can you guess why?

Because owning only US simplifies the portfolio and is good enough and will beat most investors and stock pickers. More than One road to Dublin.
by am
Sat Aug 19, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Play money bet gbtc (bitcoin etf)
Replies: 6
Views: 703

Play money bet gbtc (bitcoin etf)

Anyone using this etf with their play money and swinging for the fences? I know this etf is a poor investment vehicle but am not aware of any others. Are there any etfs which have a mix of cryptocurrencied?
by am
Tue Aug 15, 2017 10:22 am
Forum: Investing - Theory, News & General
Topic: Fidelity total int. and us bond observation
Replies: 6
Views: 719

Re: Fidelity total int. and us bond observation

In 2008 for example, fidelity total bond trailed the index by 1.5% or so, which I think is a large amount for a bond fund. Why is it that this fund holds less than 2000 bonds while Vanguards has more than 8000. Similar observations for the new total international index fund at Fidelity versus Vangu...
by am
Tue Aug 15, 2017 8:59 am
Forum: Investing - Theory, News & General
Topic: Fidelity total int. and us bond observation
Replies: 6
Views: 719

Re: Fidelity total int. and us bond observation

In 2008 for example, fidelity total bond trailed the index by 1.5% or so, which I think is a large amount for a bond fund. Why is it that this fund holds less than 2000 bonds while Vanguards has more than 8000. Similar observations for the new total international index fund at Fidelity versus Vangua...
by am
Tue Aug 15, 2017 8:54 am
Forum: Investing - Theory, News & General
Topic: Caution for those using fidelity brokeragelink and rollovers
Replies: 3
Views: 437

Re: Caution for those using fidelity brokeragelink and rollovers

I think you have a valid beef if there was an order in the system, but they probably have it covered somewhere in the fine, fine print. I'd call them and see if they'll give you some free trades or something. I asked the representative to speak to the supervisor, but he said he did not think it wou...
by am
Tue Aug 15, 2017 8:17 am
Forum: Investing - Theory, News & General
Topic: Caution for those using fidelity brokeragelink and rollovers
Replies: 3
Views: 437

Caution for those using fidelity brokeragelink and rollovers

I rolled in some money into fidelity brokerage link. The money was allocated automatically according to instructions for future contributions such as from paychecks. I had standing investment orders all weekend and Monday morning, When I got home Monday evening, the orders were cancelled by Fidelity...
by am
Tue Aug 15, 2017 8:08 am
Forum: Investing - Theory, News & General
Topic: Fidelity total int. and us bond observation
Replies: 6
Views: 719

Fidelity total int. and us bond observation

I compared the total international and total bond at fidelity with vanguard while choosing funds for my 401k brokeragelink. I noticed that there are fewer holdings at fidelity and the fidelity funds do not follow their benchmarks as well as at vanguard. I wonder if Fidelity's cost cutting has led to...
by am
Thu Aug 10, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Diversify Your Emergency Fund?
Replies: 32
Views: 2354

Re: Diversify Your Emergency Fund?

David Scubadiver wrote:The 2008-2009 period was the greatest sale in earth. Not a crash.

Yes, easy to say in retrospect. The Japanese are still waiting for the 89' sale to end :wink:
by am
Sun Jul 30, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7140

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

Anyone cancelling sapphire reserve and switching to citi prestige with new bonus? Trying to decide if worth it?
by am
Tue Jul 18, 2017 12:39 pm
Forum: Investing - Theory, News & General
Topic: "The Benefits of Elegantly Simple Portfolio Construction"
Replies: 7
Views: 1316

Re: "The Benefits of Elegantly Simple Portfolio Construction"

You would think that the simple 3 fund portfolio (or less) Would be the default for the new investor. But I think that it takes a lot of experience, knowledge and sophistication to convince yourself that this is the best portfolio for most people. Even after all these years, I find myself fighting u...
by am
Tue Jul 18, 2017 12:33 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10672

Re: % bogleheads of overall population

I would also add that many bogleheads are not perfect bogleheads. The number of threads on here about chasing the hot investments and behavior showing lack of discipline convinced me. You'd think sticking with a 3 funder through thick and thin would be so easy, but few do it. It took me years of par...
by am
Sun Jul 09, 2017 3:05 pm
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5245

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

Chopped salad. One chocolate chip cookie. Water. Read that the chocolate chip cookie is the most processed unhealthy thing in the restaurant. But I hear you, I would get a cookie up until 6 months ago when I gave it up. Does the chopped salad with say rotisserie chicken or oven roasted chicken brea...
by am
Sun Jul 09, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 19362

Re: Buying house - Very important decision

No, you can't afford a $500K+ house. Why do you need that? You live in TN, a relatively LCOL place. Surely you can find something in the $250-350 range. No, it won't look like the $500K+ place. You don't need more than 2000 for three people. But you want more. Figure out the difference between want...
by am
Sun Jul 09, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5245

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

How about carved turkey or rotisserie chicken on wheat bread 6" with all the veggies (no pickles), no cheese, honey mustard? How healthy would this be if eaten say 2-3x per week? How about oven roasted chicken breast- my main concern would be the 50% that's not chicken :shock:
by am
Sun Jul 09, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5245

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

Buy better quality breads and name brand meats at a decent supermarket and make your own sandwiches at home to bring to work. The world health organization has stated that deli meats and other processed meats are carcinogens. Another reason why I am hesitant to make my own deli sandwiches. https://...
by am
Sun Jul 09, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 19362

Re: Buying house - Very important decision

How are you guessing the median household income? If you have actual data from census, that is going be quite old. For real estate transaction prices, it is all public records, so that data can be current and accurate. Household income data will be hard to ascertain. Of course unless IRS publishes ...
by am
Sun Jul 09, 2017 10:36 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5245

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

The OP is asking a question, and everyone is telling him to bring a sandwich or salad from home. Your advice is good, but it's not the advice he's asking for. I love Subway! It's my go-to fast-food place. On a recent walk through California and Arizona, I stopped at Subway whenever I could. I am on...
by am
Sun Jul 09, 2017 10:17 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5245

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

If you care at all about your health, cook your own food. In my opinion, Subway has proven a few times that they do not care what they are feeding you, so long as you pay for it. Two incidents that come to mind are the "yoga mat chemical" which was only removed after social media outrage, and the c...