Search found 2292 matches

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: 1162

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: 69
Views: 7649

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: 4634

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: 182
Views: 12012

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: 4634

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: 4634

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: 182
Views: 12012

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: 4634

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: 4634

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,...
by am
Sun Jul 09, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 182
Views: 12012

Re: Buying house - Very important decision

What I find interesting around my suburban area is that the median income is around 120k for a household and the median price of single family homes is around 500-600k. Are all these people in way over their heads? I also see many McMansions and other huge houses which are between 1-2 million? Coul...
by am
Sun Jul 09, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 4634

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

Which of the following ingredients upsets you? "9-GRAIN WHEAT Whole wheat flour, enriched flour (wheat flour, niacin, iron, thiamine mononitrate, riboflavin, folic acid), yeast, sugar , wheat gluten, contains 2% or less of: calcium carbonate, soybean oil, salt, wheat, rye, yellow corn, oats, t...
by am
Sun Jul 09, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 182
Views: 12012

Re: Buying house - Very important decision

I understand everyone, including myself, here are internet strangers. But FWIW, I am dead serious and am asking these questions very honestly. My inexperience may come out as too dumb to believe for y'all experienced ones. It's real simple. Regardless of what rent increases may lie ahead: You can't...
by am
Sun Jul 09, 2017 9:24 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 4634

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 9:00 am
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 4634

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

I don't have the opportunity at my job to go out for lunch so I have been buying subway subs before work starts for lunch. As I get older I have become more health conscious and I have read some disturbing information on the internet about how unhealthy their food products are and how they use prese...
by am
Sun Jul 09, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: What Vanguard International Index Fund?
Replies: 10
Views: 967

Re: What Vanguard International Index Fund?

If you think valuations matter, than international offers better expected future returns.
by am
Sat Jul 08, 2017 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Any credit cards with good travel insurance and low to no annual fees?
Replies: 5
Views: 474

Any credit cards with good travel insurance and low to no annual fees?

I currently have the chase sapphire reserve mainly for the travel insurance benefits (20k/yr trip cancellation most valuable for us). As the renewal period nears, I was wondering if any one knows of a travel card that offers good insurance without the high fees?
by am
Sun Jul 02, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax questions
Replies: 12
Views: 494

Re: Gift tax questions

Gill wrote:They very well may need it in their lifetimes as you discussed in your earlier thread. I'm concerned that you described it as "our inheritance"
Gill



Yes you are right. But if they gifted the money to us, it would be with the understanding that it would be available to them at all times.
by am
Sun Jul 02, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax questions
Replies: 12
Views: 494

Re: Gift tax questions

My inlaws would like to potentially start gifting portions of their low 7 fig. portfolio to myself and wife. ... Given your other thread on this, https://www.bogleheads.org/forum/viewtopic.php?f=2&t=222442&newpost=3432438, do they want to make gifts, or do you want them to make gifts? Both....
by am
Sun Jul 02, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax questions
Replies: 12
Views: 494

Re: Gift tax questions

Correct me if I am wrong, no taxes owed for donor or recipient if gifts have not exceeded current exemption of 5.45 mil?

Also, what kind of trust would have to be created?
by am
Sun Jul 02, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax questions
Replies: 12
Views: 494

Re: Gift tax questions

So what would be tax consequences of gifting 1 mil to us next yr? What kind of return would have to be filed? Any way to protect money from creditors?
by am
Sun Jul 02, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Gift tax questions
Replies: 12
Views: 494

Gift tax questions

My inlaws would like to potentially start gifting portions of their low 7 fig. portfolio to myself and wife. Is the max without tax confequences 28k/yr? Or is it 28k to me and 28k to wife?
by am
Sun Jul 02, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid irrevocable trust- any experiences?
Replies: 46
Views: 2161

Re: Medicaid irrevocable trust- any experiences?

So what would you do for your inlaws who have a 1.2 mil portfolio (which is our inheritance)with little chances of needing it for retirement other than long term care? Buy a long term care policy, set up a trust with all or some % of the money, gift parts of it to kids/grandkids over the next few de...
by am
Sun Jul 02, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Medicaid irrevocable trust- any experiences?
Replies: 46
Views: 2161

Re: Medicaid irrevocable trust- any experiences?

Is it still possible to buy a policy that will cover most future care at the facility of ones choice for as long as needed to avoid using this type of trust? I have heard the LTC market is unstable with increases in premiums.
by am
Sun Jul 02, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb - Retirement Savings Multiples Question
Replies: 16
Views: 1930

Re: Rules of Thumb - Retirement Savings Multiples Question

Is it possible these days to buy a policy that will cover future long term care costs as long as they are needed to avoid using this type of trust? I have heard that the LTC market is unstable and premiums are going up.
by am
Sat Jul 01, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Medicaid irrevocable trust- any experiences?
Replies: 46
Views: 2161

Medicaid irrevocable trust- any experiences?

My inlaws in early 70s have a low 7 figure portfolio which they would like to partially place in an irrevocable trust to gift and to avoid using it it for long term care purposes. Does anyone have any experience with this and the potential downsides? Thanks.
by am
Tue Jun 27, 2017 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Saving Up for a House Upgrade
Replies: 10
Views: 797

Re: Saving Up for a House Upgrade

Is there any way to make your current house work? Changing houses is expensive. Houses are poor investments. There are many costs in addition to mortgage and some unknowns.
by am
Tue Jun 27, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Go with fidelity index funds or vanguard etfs in retirement account
Replies: 11
Views: 802

Re: Go with fidelity index funds or vanguard etfs in retirement account

Are you sure there's no additional fee just for using the brokerage link? Mine used to be $30 per quarter or something like that at Fidelity. EDIT for spelling/grammar I'm sure it is free been using it for 2 yrs for another account. I am just wondering whether vanguard funds execute their mission b...
by am
Tue Jun 27, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: Illinois: A slow swimming black swan?
Replies: 32
Views: 4649

Re: Illinois: A slow swimming black swan?

I am not worried the least bit with my vanguard muni intermed. Fund. I trust that the managers of this active fund will steer it in the right direction. There may be some downside for the entire market in the future but I am a buy and hold type of investor. Now if anyone knows what will happen to th...
by am
Tue Jun 27, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected raise while househunting-- should I change my budget?
Replies: 21
Views: 2421

Re: Unexpected raise while househunting-- should I change my budget?

A house costs so much more than the monthly mortgage payment. Buy as little house as you can! You will thank yourself later.
by am
Tue Jun 27, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Go with fidelity index funds or vanguard etfs in retirement account
Replies: 11
Views: 802

Re: Go with fidelity index funds or vanguard etfs in retirement account

No, the fidelity index funds and vanguard etfs would be in brokerage link. The only one time fee would be 4.95 to buy each etf. No additional fees in brokerage link for funds versus etfs.
by am
Tue Jun 27, 2017 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Go with fidelity index funds or vanguard etfs in retirement account
Replies: 11
Views: 802

Re: Go with fidelity index funds or vanguard etfs in retirement account

Expense ratios are the same. Us total market, total international and total us bond for fidelity mutual funds and vanguard etfs.
by am
Tue Jun 27, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Go with fidelity index funds or vanguard etfs in retirement account
Replies: 11
Views: 802

Go with fidelity index funds or vanguard etfs in retirement account

I have about 100k available for a one time transfer into my workplace 401k. I have the option of either using fidelity index mutual funds or buying vanguard etfs in my fidelity brokerage link account (4.95 per transaction for vanguard etfs). Which would you prefer?
by am
Sun Jun 25, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 142
Views: 9779

Re: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry

Not sure why all this emphasis on what to do now? Many of us have many years of investing left and go through many types of markets and cycles. We will buy and rebalance shares on the cheap sometimes and other times not. Why not just hold tight since has it has been shown market timing don't work? 2...
by am
Sun Jun 18, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 13250

Re: Anyone else gotten totally bored with investing?

Yes boring. After a decade of participation in this forum, reading finance/investing books and publications and deep thinking, a 3 funder is what I do. Simple, boring, easy. The only thing that I think about is the proportions in my 3 funder. I quickly realize however, that 5-10% changes won't have ...
by am
Thu Jun 15, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 5209

Re: Larry Swedroe: Stocks, Bonds, & Risk

June 2017 is probably one of the worst times to retire in recent memory.Stocks at an all time high with so many global issues and fixed income at pretty much an all time low.Of course I just retired :D An almost impossible situation for so many.Pick your poison. Stock market is often trading at/nea...
by am
Thu Jun 15, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: Stock Market become safer as holding periods lengthen - Maybe just a bias
Replies: 49
Views: 4034

Re: Stock Market become safer as holding periods lengthen - Maybe just a bias

Market returns can be great for your entire working career and then begin a lengthy bear for 9+ yrs just like our recent bull market. There is no safety with increased holding periods. Makes me think that the only way to sleep well is to have your basic expenses covered with ss, pension, fixed incom...
by am
Thu Jun 15, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 5209

Re: Larry Swedroe: Stocks, Bonds, & Risk

So what is the take away or actionable point? Stock market can crash at any time and stay down for lengthy time periods. Early accumulator- jump up for joy and keep investing Mid accumulator- ? Adjust allocation for this possibility Near retirement and retirement- enough cash/fixed income to support...
by am
Tue Jun 13, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Another one of those "We are at the peak, crash is coming, how do I invest?" posts!
Replies: 75
Views: 5584

Re: Another one of those "We are at the peak, crash is coming, how do I invest?" posts!

High valuations can last awhile before a crash. What do we actually know ? There is a market correction every 2 years on average. The average business cycle is about 10 years between crashes. Valuations today are at 90%. In other words only 10% of the time have data watchers observed higher stock v...
by am
Tue Jun 13, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: Bogle Doubles Down on US Index Funds
Replies: 118
Views: 12460

Re: Bogle Doubles Down on US Index Funds

My main complaint about buying foreign stocks is that it comes with currency risk, yet the market doesn't reward investors for taking on that additional risk. Currency risk is not a risk for long term investors Yea. But doesn't every long term end in a short term? There is a vanguard paper (too laz...
by am
Tue Jun 13, 2017 3:18 pm
Forum: Investing - Theory, News & General
Topic: Bogle Doubles Down on US Index Funds
Replies: 118
Views: 12460

Re: Bogle Doubles Down on US Index Funds

Stormbringer wrote:My main complaint about buying foreign stocks is that it comes with currency risk, yet the market doesn't reward investors for taking on that additional risk.


Currency risk is not a risk for long term investors
by am
Wed Jun 07, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Amex [Platinum card fee increasing to $550]
Replies: 9
Views: 1684

Re: Amex

Can anyone suggest the best value for 100,000 Amex points MR points that we recently got? We usually get gift cards for restaurants but wanted any other ideas?
by am
Mon Jun 05, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3394

Re: New Milestone

Zillow aside, congrats!!! :sharebeer I was over 50 when I got a second comma for net worth :( (I use what might be considered excessively conservative estimates for real estate value though). At barely 53 I've yet to get my second comma for financial assets alone, hopeful of getting there by 55 tho...
by am
Mon Jun 05, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3394

Re: New Milestone

Congratulations. Well Done. Net Worth is Net Worth. Of course you include the estimated value of your house minus mortgage(I always subtract 6% for realtor cost as well). I think net worth is the most important number I track. Because I know that this "nest egg" will generate monies in my...
by am
Mon Jun 05, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3394

Re: New Milestone

Zillow aside, congrats!!! :sharebeer I was over 50 when I got a second comma for net worth :( (I use what might be considered excessively conservative estimates for real estate value though). At barely 53 I've yet to get my second comma for financial assets alone, hopeful of getting there by 55 tho...
by am
Sun Jun 04, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3394

Re: New Milestone

I dont view our home as an investment...so I never include it in NW. With that being said we just hit $700k...33 and 34 years old. Hoping to reach 1MM net worth by 40...not including home...which is $300k :) I don't understand why anyone would not count their house equity in networth? You could sel...
by am
Sun Jun 04, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3394

Re: New Milestone

As somebody that hit the two comma club at 39, and am 43 now, allow me to share that the second million should come a lot faster and easier than the first. Congrats, things start to get exciting at this point. This assumes a good market that the second million will come faster. For me, the second m...
by am
Sun Jun 04, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Amex [Platinum card fee increasing to $550]
Replies: 9
Views: 1684

Re: Amex

We got the chase sapphire reserve and love insurance features (trip cancellation especially) and the 3% cash back on dining and travel which become 4.5% cash back on the chase travel portal. The 300 dollar travel credit effectively make the annual fee $150 dollars before any of the other features ar...
by am
Sun Jun 04, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Academic Question on a real world situation
Replies: 34
Views: 2770

Re: Academic Question on a real world situation

Going back to the paper about safe withdrawal rates in foreign countries and only 4/17 supporting 4%, is this saying that conditions in all those countries were worse than the Great Depression at some point?! That returns were worse than 66-82? Seems to me like we have better protections against th...
by am
Sun Jun 04, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 9004

Re: Everything keeps going up, this feels too easy?

Why would buying and holding change the nature of valuations to go through cycles of optimism/pessimism? More people accepting the movements instead of trying to drive them doesn't eliminate the driver of the movements. This is completely anecdotal, but before I switched to passive index investing ...
by am
Sat Jun 03, 2017 11:03 pm
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 9004

Re: Everything keeps going up, this feels too easy?

Could this be a new normal where more and more people are buying index funds and using roboadvisors and boosting all stocks and Big drops won't happen. :D I'll keep dreaming. But boy, it would be fun to get to my goal in my 40s. Than I'd have bigger problems of what to do next, but I'd take it! I r...

Go to advanced search