Search found 394 matches

by bligh
Fri Jul 21, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Investing well for Retirement can be frustrating
Replies: 48
Views: 2400

Re: Investing well for Retirement can be frustrating

I used to have a problem with conspicuous consumption but now I just do my best to ignore it. Every one of us is trying to do the things that brings satisfaction, happiness and self worth into their lives. I may think their methods are misguided but I can totally see where they are coming from. When...
by bligh
Thu Jul 20, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Approaching major milestone, need cool-headed advice
Replies: 30
Views: 3435

Re: Approaching major milestone, need cool-headed advice

It might help to purchase an inflation adjusted immediate annuity. You don't have kids, but do you want to leave behind an inheritance for some other person or organization? If not, using an annuity for part of your income could make a lot of sense. A steady inflation adjusted income stream of $12K-...
by bligh
Thu Jul 20, 2017 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Windfall: Buy or wait?
Replies: 28
Views: 2201

Re: Windfall: Buy or wait?

Dont DCA . Invest it all right now but, if you still cannot stomach it, do it at a conservative asset allocation. Go in 30stocks/70bonds then periodically on a preset schedule move 2% over to stocks.. 32/68 , 34/66 and so on.. until you reach your desired asset allocation. If the market tanks in bet...
by bligh
Wed Jul 19, 2017 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching major milestone, need cool-headed advice
Replies: 30
Views: 3435

Re: Approaching major milestone, need cool-headed advice

What Klangfool said is spot on. With your planned withdrawal rate on the 2.5 mil I don't think you have a lot to be worried about honestly. How confident are you about your expense numbers? Do they include health insurance? If the market took a nose dive next year after you retire, or you experience...
by bligh
Wed Jul 19, 2017 4:32 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 25
Views: 2945

Re: The Death of Buy and Hold

zaboomafoozarg wrote:
bligh wrote:OP, Did you, a client or a friend of yours write the book?


Definitely not the author, since he died 6 months ago :(


Yikes, sorry to hear that.. 59.. that's young.. :(
by bligh
Wed Jul 19, 2017 4:22 pm
Forum: Investing - Theory, News & General
Topic: The Death of Buy and Hold
Replies: 25
Views: 2945

Re: The Death of Buy and Hold

OP, Did you, a client or a friend of yours write the book?

I am always skeptical when anyone I don't know strongly recommends something that is for sale like this. I guess I have become wary after having too many people pushing Amway on me. ;)
by bligh
Wed Jul 19, 2017 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Those Of You In a HCOLA - What's Your Financial Plan
Replies: 47
Views: 3495

Re: Those Of You In a HCOLA - What's Your Financial Plan

I live in a HCOLA area I don't plan to live here long term. I count the higher taxes, higher living costs, traffic, pollution and other annoyances associated with living here as a price I am paying to be close to where the jobs are. Once I no longer need to be within commuting distance of these empl...
by bligh
Sat Jul 15, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: How divide college savings fairly between kids of different ages?
Replies: 9
Views: 899

Re: How divide college savings fairly between kids of different ages?

You have a long way to go before your kids enter college, but one plan could be to provide them with a stipend they can expect from you. You could then keep account of how much each kid was given. Don't bother adjusting for inflation to keep it simple. That stipend will most likely be a combination ...
by bligh
Sat Jul 15, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 8051

Re: Personal Finance Milestone: 20 Times Annual Expense

Folks, Save 1/3, spend 1/3, and pay 1/3 in tax. I agree.. I think this is the key to your success. Living a simple, low expense life has the double impact of increasing your savings while decreasing the expenses you will need to support from those savings. To a huge extent, the very act of saving m...
by bligh
Fri Jul 14, 2017 6:59 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 140
Views: 11824

Re: How are folks handling the unprecedented rise in the market ?

¯\_(ツ)_/¯ Who knows man.. I am staying the course because no one really knows what is going to happen next. Though I must admit, it is getting really tempting to take money off the table.. but I keep reminding myself of all the previous times I thought a crash was coming and how well that would have...
by bligh
Fri Jul 14, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest 300K
Replies: 33
Views: 2355

Re: How to invest 300K

300k is a lot for most people. It isn't for the OP. 300k is one year of worth of investing for them. Dollar cost averaging is probably unnecessary. +1 Come on guys.. he is a 35 year old physician. Over his career he will likely be DCAing in this much every 1 to 3 years depending on a few factors. T...
by bligh
Thu Jul 13, 2017 10:58 pm
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2231

Re: The CAPEable Portfolio!

So OP, how do you account for investments outside the US (assuming you are not a US only investor)? Russia has a CAPE of 5 now, Brazil about 10, Turkey 11, Poland 12. US is around 28. Assuming you believe in CAPE, why not load up on those countries? If I were to go towards that type of portfolio I ...
by bligh
Thu Jul 13, 2017 8:03 pm
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2231

Re: The CAPEable Portfolio!

Lower or higher returns relative to what? More volatile than what? Say a traditional 60/40 portfolio that stayed static and just re-balanced over the period. If you are trying to predict what the returns will be then the answer is yes, it does have predictive power. i.e., the current high CAPE 10 g...
by bligh
Thu Jul 13, 2017 7:53 pm
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2231

Re: The CAPEable Portfolio!

Is such a portfolio "market timing" ? Yes and not even that promising, since it does not take into account interest rates. The usual argument against market timing is "you cannot time your entry and exit.. so dont try".. but this approach lays out what the entry and exit points ...
by bligh
Thu Jul 13, 2017 7:42 pm
Forum: Investing - Theory, News & General
Topic: The CAPEable Portfolio!
Replies: 30
Views: 2231

The CAPEable Portfolio!

Okay I posted this in another thread but thought it was buried in there and wasn't really related to the orignal question on that thread. So anyway.. what if you had your Cash or Bond portion be a function of CAPE or some other similar metric. It is market timing, but not in the sense of "I wil...
by bligh
Thu Jul 13, 2017 7:10 pm
Forum: Investing - Theory, News & General
Topic: 50% Cash, 50% Stocks: The Opportunistic Portfolio
Replies: 43
Views: 4056

Re: 50% Cash, 50% Stocks: The Opportunistic Portfolio

1. How confident are you in your ability to identify a market 'bottom'? ^^^ This +1. Also, judging from watching people try to do this kind of thing in real time on the forums, they often neglect to buy during big dips (late 2011, early 2016, etc) and end up just holding on to their cash. Second, s...
by bligh
Thu Jul 13, 2017 6:57 pm
Forum: Investing - Theory, News & General
Topic: depleting accounts in retirement
Replies: 27
Views: 4743

Re: depleting accounts in retirement

It would depend on the relative balances of each account and your long-term tax situation. The mix should be based on attempting to minimize your tax obligations over a number of years. The solution may involving taking tax-deferred funds earlier to reduce RMDs down the road. I feel that leaving th...
by bligh
Thu Jul 13, 2017 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 175
Views: 6711

Re: Do you count vehicle equity in net worth?

You can count it if you like. Your net worth is your way of keeping score. It isn't like if you cross a threshold by including your cars you will qualify for something or be able to do something that you couldn't without counting it. I recommend that unless you are just out of college or have fallen...
by bligh
Wed Jul 12, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Do you consider business travel to be a perk or a burden?
Replies: 117
Views: 6569

Re: Do you consider business travel to be a perk or a burden?

Rupert wrote:I really enjoyed business travel when I was young and childless. When you have a family, it's a burden.


+1
by bligh
Tue Jul 11, 2017 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Making the Leap to Self-Employment
Replies: 16
Views: 1581

Re: Making the Leap to Self-Employment

I am interested in hearing from those of you that have made the leap to self-employment and what feedback and insight you might have. I would be especially interested in knowing more about the following: ⋅ What were the circumstances that lead to you going out on your own? ⋅ Wha...
by bligh
Tue Jul 11, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: EE Bonds?
Replies: 44
Views: 1825

Re: EE Bonds?

I buy and hold EE & I Bonds purchased in the last couple of years since I learned about them. Search the forums and you will find some really cool threads discussions over whether they make sense, and in what kind of rate environment would hurt them the most. In general the "riskiest"...
by bligh
Tue Jul 11, 2017 10:39 am
Forum: Investing - Help with Personal Investments
Topic: EE Bonds?
Replies: 44
Views: 1825

Re: EE Bonds?

I buy and hold EE & I Bonds purchased in the last couple of years since I learned about them. Search the forums and you will find some really cool threads discussions over whether they make sense, and in what kind of rate environment would hurt them the most. In general the "riskiest" ...
by bligh
Sun Jul 09, 2017 5:55 pm
Forum: Personal Consumer Issues
Topic: how to destroy hard disk with personal info
Replies: 99
Views: 6997

Re: how to destroy hard disk with personal info

Personally, all my drives now are encrypted.. so if the drive is the old spinning kind and works, I do the 10x secure erase and donate it. If it doesn't work, or if it is an SSD, I do what has been advised above, open up the drive, smash/scratch and drill holes. If you have stuff on there you absolu...
by bligh
Sun Jul 09, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Saving or being stingy?
Replies: 21
Views: 2367

Re: Saving or being stingy?

Your relative seems so have found the one or two things that she loves and brings her more value than anything else. She is making the conscious decision would rather spend the money on traveling than on washing cars or buying beers at a restaurant. For you it isn't such a clear win and that is why ...
by bligh
Sat Jul 08, 2017 6:25 pm
Forum: Personal Consumer Issues
Topic: Doing dishes while camping
Replies: 38
Views: 2672

Re: Doing dishes while camping

Also eaters can literally lick their dishes clean first. Thanks for the link. I think for next time the key will be doing exactly that. Making sure the dishes are as clean as I can get them before starting to do the wash. When I originally tried the bucket system after watching a youtube video .. t...
by bligh
Sat Jul 08, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: Doing dishes while camping
Replies: 38
Views: 2672

Re: Doing dishes while camping

We have two 11 QT stacking rubbermaid dish bins (Google "dish bin" and you will see a bunch). We heat water on our stove, and wash the dishes in the first bin with some soap and a sponge. Massive amounts of food/sauce is wiped out first with a paper towel and thrown away. The second bin i...
by bligh
Sat Jul 08, 2017 3:58 pm
Forum: Personal Consumer Issues
Topic: Doing dishes while camping
Replies: 38
Views: 2672

Re: Doing dishes while camping

Go to youtube.com and search, then watch. I did! I also tried following the videos but they make it look so much easier than it was when I tried it. I was either having dirty dishes, or using too much water. I camp single, double, and with a large group of say 8 people. Let's say we are cooking on ...
by bligh
Sat Jul 08, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Doing dishes while camping
Replies: 38
Views: 2672

Re: Doing dishes while camping

The reason folks don't do their dishes by the faucet is good camping etiquette. The faucet area is obviously the most convenient, but if everyone did their dishes there that area would soon become overcrowded with dish-doers, not to mention a soupy mess. That is what my instinct was too. I have nev...
by bligh
Sat Jul 08, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: Doing dishes while camping
Replies: 38
Views: 2672

Re: Doing dishes while camping

I take it you are not thru hiking. I bring a plastic water jug that holds 5+ gallons of water and has a nozzle. Keep dish soap at camp and just use the water jug. Not yet, I want to get work us up to backpacking (where we hike up all the gear to a camping site) and finally thru-hiking. But I need t...
by bligh
Sat Jul 08, 2017 3:01 pm
Forum: Personal Consumer Issues
Topic: Doing dishes while camping
Replies: 38
Views: 2672

Doing dishes while camping

Alright so I know this is a personal finance forum and this question has very little to do with personal finance but I am sure there are going to be some of you who are seasoned outdoors people, and this is something that has been bothering me for some time. Hopefully there is someone on here who ca...
by bligh
Fri Jul 07, 2017 6:25 pm
Forum: Investing - Theory, News & General
Topic: No "sequence of returns risk" what to do about withdrawals
Replies: 35
Views: 2689

Re: No "sequence of returns risk" what to do about withdrawals

So, I retired in early 2011 during the bull market and have been doing just fine. Now that I'm 6+ years into retirement, and luckily avoided a bad sequence of returns, do you think I can do better than a 4% withdrawal. I know this is broad question but I wondering what's a reasonable % to take. I'v...
by bligh
Fri Jul 07, 2017 11:56 am
Forum: Personal Consumer Issues
Topic: Task management / organizing app
Replies: 52
Views: 1938

Re: Task management / organizing app

We use Wunderlist. It is free and was purchased by Microsoft recently so likely to be around for a while. My requirements would be : - able to share tasks between at least 2 users (spouses) so that one or the other can take ownership - both web/desktop UI and Android mobile device app - I prefer to ...
by bligh
Thu Jul 06, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3589
Views: 944807

Re: U.S. stocks in freefall

I have a confession to make. Last week I was hoping this week would be terrible because I knew I'd have new money to invest today. Lo and behold, the market took a nice little dip today just when I was ready to invest. :D This looks like the type of message you'll see right before a 25% dip. Haha.....
by bligh
Thu Jul 06, 2017 5:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3589
Views: 944807

Re: U.S. stocks in freefall

I have a confession to make.

Last week I was hoping this week would be terrible because I knew I'd have new money to invest today. Lo and behold, the market took a nice little dip today just when I was ready to invest. :D
by bligh
Thu Jun 29, 2017 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - deposit limit exceeded by home closing check
Replies: 24
Views: 2403

Re: Ally Bank - deposit limit exceeded by home closing check

I mean, in fairness to Ally, I don't know any other bank that accepts up to $50k by taking a picture with your smartphone. USAA will but only for certain customers that meet certain criteria apparently. I dont know if E*Trade has an official limit but I have deposited well over $50K in a single day...
by bligh
Thu Jun 29, 2017 6:57 pm
Forum: Local Chapters and Bogleheads Community
Topic: What a community!
Replies: 9
Views: 1014

Re: What a community!

Then I dug into your discussions about his books and ideas. You guys are so respectful to each other! Not to mention a lot of you have a wealth of knowledge you share willingly and interesting insights. I only hope to come back here regularly and maybe chip in an idea or two. Thanks! You know I was...
by bligh
Wed Jun 28, 2017 6:16 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: 9792

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

But if your target is 4% and bonds paid that much, wouldn't a prudent investor go 100% bonds ? What's the point in assuming unnecessary risk ? Incidentally, if bonds paid 4% we wouldn't see P/E over 25 but for a short span of time. Some might be deciding how to invest right this very moment, and re...
by bligh
Wed Jun 28, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8499

Re: Middle age job blues

I feel like I am on a rollercoaster with opinions ranging from 'be very afraid' to 'you are A OK - retire today' :-). I think I will average it out and put me in the relatively safe but 'not quite there yet' category. The wildcard is healthcare costs if I need to get it from the individual market. ...
by bligh
Wed Jun 28, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: My risk tolerance suddenly went down
Replies: 21
Views: 2320

Re: My risk tolerance suddenly went down

I remember the first time I got laid off .. well actually our company shut down. It really messed with my brain too, so I sympathize with you completely. I don't think your risk tolerance has suddenly gone down. You have unemployment + severance and being in IT you should get a job fairly quickly. B...
by bligh
Wed Jun 28, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8499

Re: Middle age job blues

It is interesting how in most other industries the late 40s and early 50s are considered the peak earning years, while in IT the peak earning years look to be in the 30s. It would be an interesting exercise to graph out average life time income by age per profession to see what they look like. For e...
by bligh
Wed Jun 28, 2017 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 24830

Re: Early Retirement - what to do about healthcare?

My current plan, if I do end up retiring early, is to be living in a country with affordable healthcare. :) Yeah I did that and it's worked out OK; however, keep a few things in mind: In many developing countries, private/for profit hospitals won't admit you unless you have insurance or can pay in ...
by bligh
Tue Jun 27, 2017 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8499

Re: Middle age job blues

Do you have interests that could make you money? If you do lose your job, or are worried you will be losing it soon, I would do the usual updating your skills, gaining relevant industry certifications, reaching wide across your professional network, looking into temporary consulting work and widenin...
by bligh
Sun Jun 25, 2017 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: A Bogleheads success story
Replies: 20
Views: 5364

Re: A Bogleheads success story

Congratulations to your friend. :) I wish I had come across this board 6 years ago, not so much because I would have had better returns (I actually did quite well picking my stocks... ), but because I would have had a more disciplined, holistic and thoughtful approach to my investments. Your friend ...
by bligh
Sat Jun 24, 2017 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: 58 years old and laid off seeking advices
Replies: 43
Views: 5529

Re: 58 years old and laid off seeking advices

I have nothing to add to the excellent advice given above. I just wanted to say Congratulations on your early retirement. :sharebeer
by bligh
Sat Jun 24, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: Stop saving and start spending
Replies: 67
Views: 9249

Re: Stop saving and start spending

I would like some advice on whether we still need to save every year or can start sending most of our disposable income. I am 43 and my wife is 39, and we have kids aged 12 and 9. We are fortunate to have an annual income of $400K. Our house is paid off and it is worth $1.2M. We have $1M in investe...
by bligh
Thu Jun 15, 2017 11:40 am
Forum: Investing - Theory, News & General
Topic: What growth rate for your projection calcs?
Replies: 31
Views: 2660

Re: What growth rate for your projection calcs?

I use 3.5% Real until Age 60 and then 2.5% Real until 70 and then 2% real from there on.

I assume 2% inflation through out.

It is just a conservative approximation I use as a rhumbline I need to follow to know if I am on track or wildly off course.
by bligh
Wed Jun 14, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12447

Re: Who takes financial chances and why is this forum so financially conservative?

By conservative, I mostly mean around safe withdrawal rates. I've been on here for a while and I originally thought 25x was enough, then 33x becomes the trend, and now 50x seems more popular for early retires. I don't want to be consumed with concern that the more I accumulate, the more I can lose....
by bligh
Tue Jun 13, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12447

Re: Who takes financial chances and why is this forum so financially conservative?

Sometimes.. when I think no one is watching.... I buy lottery tickets. :moneybag
by bligh
Tue Jun 13, 2017 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Create another tier in EF? Recommendations?
Replies: 12
Views: 706

Re: Create another tier in EF? Recommendations?

Agree 100% with livesoft. When push comes to shove, your entire networth is your emergency fund. The 3rd tier would be your taxable brokerage account. Your 4th tier would be your Roth, and so on... Holding so much of your wealth in a low rate savings account is guaranteeing that you are losing to in...
by bligh
Tue Jun 13, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Who takes financial chances and why is this forum so financially conservative?
Replies: 139
Views: 12447

Re: Who takes financial chances and why is this forum so financially conservative?

You think putting 60% of your life savings into the S&P 500 is conservative? Not if you look at the charts. It's certainly a reasonable amount of risk. Reasonable is the key word here. +1 My perception of the people on this forum isn't that they are financially conservative as much as financial...

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