Search found 77 matches

by book lover
Tue Nov 21, 2017 12:51 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 24
Views: 4265

Re: Jack Bogle, the word's richest man

Kenkat: Thank you for an improved articulation of my post, much appreciated.
by book lover
Tue Nov 21, 2017 9:46 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 90
Views: 12048

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Fantastic! Can not wait to read and add to my collection of other Boglehead books.
by book lover
Sun Nov 19, 2017 11:19 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 24
Views: 4265

Re: Jack Bogle, the word's richest man

How many people in the history of the world gave up billions to help others? I can think of only one.
by book lover
Thu Nov 16, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: 55+ Early retirement offer.
Replies: 50
Views: 6065

Re: 55+ Early retirement offer.

You may also want to familiarize yourself with the Affordable Care Act. There are some excellent posts here on the Bogleheads.
by book lover
Thu Nov 16, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: Regrets after reaching retirement?
Replies: 42
Views: 4278

Re: Regrets after reaching retirement?

No regrets but a generous helping of serendipity: A friend suggested the right career for me, moved to a low cost of living area without giving that much thought, met me wife though a physician I was working with and had many business opportunities appear from being at the right place and the right ...
by book lover
Fri Nov 10, 2017 3:42 pm
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9339

Re: "$1 Million is Closer Than You Think"

Great advertisement to attract people's attention. It's sad that many people believe that the only way to a million dollars is by winning a lottery.
by book lover
Fri Nov 03, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 ACA rates now live....
Replies: 228
Views: 14594

Re: 2018 ACA rates now live....

The premium went up by 76% mitigated somewhat by the subsidy. Anthem dropped out in Ohio which left my wife and I with a choice of four plans... three of which were Medicaid like in their networks.We chose the remaining one with a better network but higher cost.The A.C.A. came along at a perfect tim...
by book lover
Mon Oct 30, 2017 12:43 pm
Forum: Investing - Theory, News & General
Topic: BOGLEHEADS 2017 VIDEOS
Replies: 28
Views: 4305

Re: BOGLEHEADS 2017 VIDEOS

Thank you. The videos were very interesting and informative.
by book lover
Wed Oct 25, 2017 2:31 pm
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 90
Views: 12048

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Congratulations and thank you for helping to improve financial literacy on many fronts.
by book lover
Sat Oct 21, 2017 12:19 pm
Forum: Investing - Theory, News & General
Topic: Shiller: the 1987 stock market panic can happen again
Replies: 29
Views: 2738

Re: Shiller: the 1987 stock market panic can happen again

Ignore the noise, focus on your plan and stay the course.
by book lover
Tue Oct 17, 2017 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 5739

Re: You career roots and your path to financial independence. "Actionable: steps and tips for others?

Begin planning your retirement when you get your first job. Save and monitor your expenses with a ledger. Invest savings in low cost indexed mutual funds. Max out retirement plans. Marry someone with a similar financial philosophy. Have written financial goals with specific timeframes. Be curious , ...
by book lover
Tue Oct 17, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard expects "decent sized correction" soon, sometime, maybe later
Replies: 68
Views: 7179

Re: Vanguard expects "decent sized correction" soon, sometime, maybe later

Any article that refers to corrections is just noise, stay the course.
by book lover
Sun Oct 15, 2017 9:11 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau’s new book: How Much Can I Spend in Retirement?
Replies: 45
Views: 10030

Re: Wade Pfau’s new book: How Much Can I Spend in Retirement?

Reading Mr Pfau's book, very detailed and informative and would highly recommend.
by book lover
Sat Oct 14, 2017 6:50 am
Forum: Personal Consumer Issues
Topic: Liability of phone conversations while my client is driving (and I am not in the car)?
Replies: 64
Views: 4026

Re: Liability of phone conversations while my client is driving (and I am not in the car)?

If I remember correctly, there is about a one percent chance of being killed while driving each year making it one of the more dangerous things that we do in life. Anything that distracts from paying attention to the nuances of driving when you are making over twenty some decisions each mile that yo...
by book lover
Thu Oct 12, 2017 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: Anesthesiologist Advise [how to save money]
Replies: 45
Views: 5746

Re: Anesthesiologist Advise [how to save money]

My wife and I have been using a ledger for the past twenty seven years to track our expenses, or if you prefer use a software program to to keep track of your expenses.The old saying is don't expect what you don't inspect. Being able to compare our expenses from month to month and year to year was a...
by book lover
Wed Oct 04, 2017 10:29 am
Forum: Investing - Theory, News & General
Topic: Peter L. Bernstein: Cash BETTER than Bonds
Replies: 64
Views: 7540

Re: Peter L. Bernstein: Cash BETTER than Bonds

We have the Total Bond Market for all IRAs and I like to keep a cash cushion to match the duration of those funds. When people speak of inflation, we calculate our expenses each year and I compare to previous year for inflation rate which has averaged 1.5 percent over the past twenty seven years. Am...
by book lover
Mon Oct 02, 2017 1:36 pm
Forum: Local Chapters and Bogleheads Community
Topic: Retirement Class of 1998 (Sheepdog's Experience)
Replies: 45
Views: 4287

Re: Retirement Class of 1998 (Sheepdog's Experience)

Great post, the picture of your dog always cracks me up. I second your sentiment regarding feeling grateful to the Bogleheads for all the wonderful advice over the years.
by book lover
Fri Sep 29, 2017 7:55 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15355

Re: Why do you LBYM? Why do you save and invest?

J. Paul Getty at the time the richest man in the world had pay phones installed in his house because he was fed up with people using his phones. He was once at a party and asked the host how much it cost for the event and when the host did not know told the host that for each party he knew exactly w...
by book lover
Thu Sep 28, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 6163

Re: My Smartest Financial Moves

Marrying my wife ( Numero Uno). Keeping a ledger for all expenses for the past twenty seven years. Following the great advice given by Bogleheads on this website including keeping investing expenses low and the use of indexed mutual funds and the importance of asset allocation as well as many other ...
by book lover
Wed Sep 27, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest cash to retire tomorrow?
Replies: 22
Views: 2912

Re: Where to invest cash to retire tomorrow?

If you have ten million to draw from, then $300,000 to $400,000 would be drawing down three to four percent per year. If you can keep it at $300,000 to $350,000 you should be in good shape.Guess it depends on how conservative you want to be between stocks and bonds and legacy issues. May want to loo...
by book lover
Sat Sep 23, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Can i max out a Roth at the start of the year?
Replies: 6
Views: 888

Re: Can i max out a Roth at the start of the year?

Absolutely, I make my contributions January 1. The sooner you make contributions the sooner you have compounding beginning to work for you.
by book lover
Sat Sep 23, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 26139

Re: Calling out the not so rich bogleheads

Being a citizen of the United States gives us a huge advantage to begin building wealth, however, wealth could be defined as having your needs satisfied and having enough to satisfy a reasonable number of wants. Accumulation beyond that does not seem like a path to happiness.
by book lover
Sat Sep 23, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8696

Re: Age you retired

Retired from full time work at age 55 and have been doing a little PRN work which is winding down. Current age: 59.
by book lover
Fri Sep 22, 2017 8:01 am
Forum: Personal Consumer Issues
Topic: Tips/Steps for selling a car
Replies: 19
Views: 1450

Re: Tips/Steps for selling a car

You may want to consider meeting the person at your bank so you can deposit the money: for security and to assure you are not getting counterfeit.
by book lover
Thu Sep 21, 2017 8:27 am
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24979

Re: I won the Lottery. Need sound advice.

Do not be in a hurry to do anything, give yourself time to read and use the Boglehead Wiki it is an excellent resource. Study what happens to many lottery winners: money is gone after a relatively short period of time leaving the winner with many regrets. True, a million dollars is not what it used ...
by book lover
Fri Sep 15, 2017 11:59 am
Forum: Investing - Theory, News & General
Topic: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think
Replies: 49
Views: 6327

Re: [WSJ] Your Tolerance for Investment Risk Is Probably Not What You Think

When the crash came in 2008/2009, we were down 17%. When things began to normalize, my wife and I decided that our asset allocation to stocks needed to go lower which we did. In retrospect, had we stayed where we were at our net worth would be more but we certainly sleep better at night and are not ...
by book lover
Fri Sep 15, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: 1st medical bill, already overdue and threaten to send to collection
Replies: 44
Views: 4075

Re: 1st medical bill, already overdue and threaten to send to collection

Seems to me that people should be informed and give consent prior to being billed if their insurance company will not be paying , sounds like common sense to me.
by book lover
Thu Sep 14, 2017 12:45 pm
Forum: Personal Consumer Issues
Topic: The true cost of Luxury
Replies: 32
Views: 3885

Re: The true cost of Luxury

From hunter gatherer to the iPhone X, quite the journey.
by book lover
Thu Sep 14, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 11020

Re: The 10 year car ownership "rule"

There seems to be so many variables to buying a car that a ten year rule may not apply plus Bogleheads would seem to be outliers when it comes to this type of decision.Commute time, number and age of people riding in vehicle, highway vs street driving, SUV versus buying a lighter vehicle and technol...
by book lover
Thu Sep 14, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Paying off debt vs. max savings
Replies: 53
Views: 5908

Re: Paying off debt vs. max savings

I have always viewed debt as a squeeze which we were blessed to be able to rid ourselves of early in my career. Another way to look at it is as negative compounding that the sooner you can get on the positive side of things the better. My earliest thinking about this was influenced by the author Ron...
by book lover
Tue Sep 12, 2017 1:40 pm
Forum: Personal Consumer Issues
Topic: Negotiating with Charter/Spectrum
Replies: 10
Views: 1064

Re: Negotiating with Charter/Spectrum

Spectrum was tough to negotiate with so I used BillFixers and they were able to get my cable/internet bill down by $10 half of which I split with them but hey five bucks a month is better than nothing.
by book lover
Tue Sep 12, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: Feeling guilty for buying a new iPad pro
Replies: 30
Views: 2493

Re: Feeling guilty for buying a new iPad pro

Bought the original iPad pro with the larger screen which has been hijacked by my wife ( actually I did not like the larger screen) and ended up buying the newest version with the 10.5 inch screen which I have very much enjoyed.
by book lover
Tue Sep 12, 2017 10:01 am
Forum: Personal Finance (Not Investing)
Topic: When calculating net worth, how do you value your house?
Replies: 167
Views: 9186

Re: When calculating net worth, how do you value your house?

We do it both ways: however, our house is a small percentage of overall net worth so it does not change the numbers much.
by book lover
Wed Sep 06, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 157
Views: 10535

Re: Companies/Brands You Love?

P.B.S.
Apple
Trader Joes
Bose
Dove Soap
Dawn Dish Soap
Spotify
New York Times and Wall Street Journal Digital Editions
Economist
Public Library
BMW
Giant Eagle Grocery Store
Gillette Disposable Razors
Edge Extra Moisturizing Shaving Gel
Glide Floss
Pella Windows and Sliding Glass Door
by book lover
Wed Sep 06, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate -> 2% or lower
Replies: 72
Views: 8347

Re: Safe Withdrawal Rate -> 2% or lower

So Google has a project to allow people to live to five hundred years old. Guess it will not be too long before the advent of five hundred year bonds and safe withdrawal rates infinitesimally low.
by book lover
Wed Sep 06, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Protecting moms assets from nursing home expenses
Replies: 96
Views: 8846

Re: Protecting moms assets from nursing home expenses

Speak to an Elder Law attorney who can guide you and your mom through these issues.
by book lover
Wed Sep 06, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: Did Charmin UltraSoft TP become "UltraThin"?
Replies: 61
Views: 4080

Re: Did Charmin UltraSoft TP become "UltraThin"?

Where's Mr Whipple when we really need him?
by book lover
Thu Aug 31, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: How do you reverse a lifetime of frugality and learn to spend some money?
Replies: 59
Views: 6633

Re: How do you reverse a lifetime of frugality and learn to spend some money?

Buy experiences not things for greater happiness, however, we humans suffer from hedonic adaptation which is that no matter how good our life is or becomes we tend to get used to it. Say you win seven hundred million dollars: once you get used to that level of money your overall happiness will not d...
by book lover
Tue Aug 29, 2017 7:22 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 8537

Re: Relative angry I will not co-sign

"Neither a lender nor a borrower be." When an individual is not responsible, to bail them out teaches them that the behavior was OK. If the person has an expectation that you will enable them and you will not , then the problem is all his not yours.Tough love teaches that people have to take ownersh...
by book lover
Sat Aug 19, 2017 7:10 am
Forum: Forum Issues and Administration
Topic: Home Page Updated
Replies: 82
Views: 6378

Re: Home Page Updated

Love the new look, thanks for all the work you do LadyGeek as well as all the other moderators!
by book lover
Fri Aug 18, 2017 10:17 am
Forum: Investing - Theory, News & General
Topic: WSJ - ... Stop Index Trackers [from] Eating the Economy
Replies: 23
Views: 3232

Re: WSJ - ... Stop Index Trackers [from] Eating the Economy

Interesting that Vanguard is taking in about 80% of the new money being invested: what gets rewarded gets reinforced.
by book lover
Wed Aug 16, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: bitcoin makes you rich
Replies: 49
Views: 4015

Re: bitcoin makes you rich

Data mining, excuse the pun, at its finest.
by book lover
Mon Aug 14, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 131
Views: 10548

Re: Bitcoin

Tulips anyone?
by book lover
Mon Aug 14, 2017 9:17 am
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 10049

Re: When does renting make sense

As I remember, in the book The Richest Man In Babylon it is recommended " own your own domicile." That always struck me as good advice.
by book lover
Fri Aug 11, 2017 12:58 pm
Forum: Investing - Theory, News & General
Topic: "The Simple Path to Wealth" -- A Gem
Replies: 31
Views: 12209

Re: "The Simple Path to Wealth" -- A Gem

Great recommendation.Thank you Taylor.
by book lover
Wed Aug 09, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: What is an appropriate lower risk asset allocation once one has "won the game"
Replies: 50
Views: 6509

Re: What is an appropriate lower risk asset allocation once one has "won the game"

Lots of interesting ideas posted.We like 30% equity/70% bonds.When the topic turns to inflation, I only consider our personal inflation rate which we track on a yearly basis which has averaged about 1.5% over the past twenty seven years. That is one of the advantages to living in a low cost of livin...
by book lover
Mon Jul 31, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Should I purchase Lake House for Primary
Replies: 26
Views: 3207

Re: Should I purchase Lake House for Primary

Emerson said that the closest way we can experience God is to through nature and while my wife and I do not live on a lake we do live on a wooded lot that we very much enjoy for the nature and privacy it affords. Living on a lake sounds like a very good thing.
by book lover
Fri Jul 28, 2017 4:04 pm
Forum: Investing - Theory, News & General
Topic: "What Every Investor Should Know About Mutual Funds"
Replies: 8
Views: 1816

Re: "What Every Investor Should Know About Mutual Funds"

There never seems to be a top ten list for the lowest expense ratios.