Search found 893 matches

by czeckers
Mon Sep 18, 2017 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Pocket money allowance for college student
Replies: 48
Views: 2394

Re: Pocket money allowance for college student

I think having a job in college and no allowance is a great idea. People who have to work their studies in around work or athletics tend to be more focused and do better. Having to work for your spending money provides valuable life lessons. I believe in the Millionaire Next Door book, what you are ...
by czeckers
Thu Sep 07, 2017 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless on taxes but have luxury of both 403b and 457 space
Replies: 27
Views: 2268

Re: Clueless on taxes but have luxury of both 403b and 457 space

BTW, it looks like you are living on a relatively small percentage of your income so tax-deferred accounts are great for you. You get to save on taxes at your current marginal rate. With two 6-figure incomes that's a good bit of tax savings. However, if your expenditures in retirement will be lower ...
by czeckers
Thu Sep 07, 2017 2:30 pm
Forum: Investing - Help with Personal Investments
Topic: Clueless on taxes but have luxury of both 403b and 457 space
Replies: 27
Views: 2268

Re: Clueless on taxes but have luxury of both 403b and 457 space

Assuming she is not out for the entire year of 2017, your wife will still have some income for the tax year so she'll be able to contribute to her retirement accounts. 457 accounts are slightly different depending on whether the employer is a government employer or a non-profit. I know for a non-pro...
by czeckers
Mon Aug 14, 2017 12:27 pm
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 14489

Re: How far would you travel to see The Eclipse?

Driving about 11 hours each way -- planned a vacation around it. Saw the one in the 1990's but didn't have glasses so couldn't really look at the sun but it did get eerily dark and the birds looked very confused. Looks like the 2024 will go right over my house. Pity that April tends to be very cloud...
by czeckers
Thu Aug 03, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: does solar increase the value of a house
Replies: 61
Views: 5462

Re: does solar increase the value of a house

Simple question but complicated answer. As many have mentioned above, the monetary value varies from location to location depending on amount of sunshine and arrangements with the utility company. The big downside is that they need to be removed and put back up if the roof needs work. However, they ...
by czeckers
Fri Jul 14, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Solar panels
Replies: 56
Views: 4258

Re: Solar panels

The math is fairly simple: cost of system vs annual cost of electric use will give you a basic idea of payback time. However, there are a few considerations: -It's certainly more compelling the more expensive your electricity is making the payback period shorter. -You have to consider the cost of fi...
by czeckers
Tue Jul 11, 2017 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Is This Always True Regarding Umbrella Policies?
Replies: 15
Views: 2024

Re: Is This Always True Regarding Umbrella Policies?

Depends on the company. Some companies want to make sure you have maximum auto insurance before issuing umbrella policy. Amica dropped my umbrella policy when I changed my auto to another insurance carrier.
by czeckers
Mon Jul 10, 2017 2:56 pm
Forum: Personal Consumer Issues
Topic: Induction Stoves?
Replies: 11
Views: 847

Re: Induction Stoves?

I think there are many advantages to induction cook tops. If you don't have NG anywhere else in the house, then no need to plumb that it. It can make pots/pans heat up fast. Fine tuning of heat is great. Easy to clean. Stove surface doesn't get too hot. Cons: You need to have ferrous cookware so you...
by czeckers
Thu Jun 29, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Income from writing apps
Replies: 3
Views: 685

Re: Income from writing apps

Thank you for the well thought out reply. Very useful.
by czeckers
Wed Jun 28, 2017 12:49 pm
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 14414

Re: Anyone else gotten totally bored with investing?

Investing should be boring. Just slow, steady, measured progress toward a goal.

-K
by czeckers
Wed Jun 28, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Income from writing apps
Replies: 3
Views: 685

Income from writing apps

My 14yo son is interested in trying to earn some income by writing apps. He's already written some for his own use as well as for our family so he definitely has the computer coding ability. This is certainly outside my realm of expertise. I'm wondering if it's as simple as just uploading it to the ...
by czeckers
Wed Jun 28, 2017 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Looking into selling a structured settlement and need some advice
Replies: 66
Views: 4454

Re: Looking into selling a structured settlement and need some advice

Another way to look at it: $1M invested in a balanced portfolio of stocks/bonds gives you a safe withdrawal rate of 3-4% (probably closer to 3% if you're looking at a 40 year time frame). That's $30-40,000 per year, increasing with inflation. There is also some risk of running out of money. You will...
by czeckers
Mon Jun 05, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: Splitting Growth And Value Leads To A Worse Return
Replies: 36
Views: 5257

Re: Splitting Growth And Value Leads To A Worse Return

The benefits of rebalancing (or lack thereof) depend on the expected returns of the asset classes you are rebalancing between. Rebalancing between stocks and bonds which have very different expected returns is generally a losing proposition. For the most part, you will be selling shares of the highe...
by czeckers
Wed May 17, 2017 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Was there a $$$ number after which things got easier?
Replies: 72
Views: 10458

Re: Was there a $$$ number after which things got easier?

With respect to looking for the accelerated portfolio growth, the first 10 years are just brute force savings -- very little contribution from portfolio growth. Years 10-15 growth starts to match your contribution. Years 15-20, growth outpaces your contributions.
by czeckers
Tue Apr 25, 2017 12:21 pm
Forum: Investing - Theory, News & General
Topic: Splitting Growth And Value Leads To A Worse Return
Replies: 36
Views: 5257

Re: Splitting Growth And Value Leads To A Worse Return

Do you include rebalancing? I just ran a portfolio of 50/50 US large cap value/growth vs US large cap with annual rebalancing and the CAGR was 10.69 vs 10.17 for the time period 1972-Mar 2017. (portfoliovisualizer) You would expect some rebalancing bonus if you rebalanced between two asset classes t...
by czeckers
Thu Mar 30, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: thoughts on in-ceiling speakers?
Replies: 48
Views: 4202

Re: thoughts on in-ceiling speakers?

We have in-ceiling speakers throughout the house. Don't use them very much. For TV watching the sound feels like it is coming from the ceilings and not from the action on screen.

Wireless speakers are more flexible.

-K
by czeckers
Sun Mar 05, 2017 5:41 pm
Forum: Personal Consumer Issues
Topic: Describe your Reasonable Dream Home
Replies: 51
Views: 3899

Re: Describe your Reasonable Dream Home

A big requirement for me is high energy efficiency. A net-zero home would be ideal. If paid for with cash, then the ongoing costs would be just taxes and water.
by czeckers
Thu Jan 26, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Help, please, on new salary negotiations
Replies: 68
Views: 5892

Re: Help, please, on new salary negotiations

Given that he is asking you to go with him and to either relocate or to do a very long commute, that makes starting the negotiation very easy. "Boy, this is an exciting opportunity, but it would be a tremendous sacrifice for me and my family. What type of compensation do you have in mind?"...
by czeckers
Thu Jan 26, 2017 1:07 pm
Forum: Personal Consumer Issues
Topic: Refusing to sign or altering hospital billing admission forms?
Replies: 79
Views: 6534

Re: Refusing to sign or altering hospital billing admission forms?

You have to understand that the financial side of medicine is intentionally opaque. Large practice groups and hospitals are gobbling up all the independent providers, small groups, and small hospitals. Everything is now controlled at top administrative levels by non-clinicians. Billing is completely...
by czeckers
Mon Jan 23, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Carribean island most like Hawaii
Replies: 63
Views: 8485

Re: Carribean island most like Hawaii

Highest peak in the Dominican Republic is just over 10,000ft. However, I don't think the travel experience to the DR would be the same as Hawaii.

-K
by czeckers
Mon Jan 09, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 18623

Re: Best Financial Moves You've Made

High savings rate.
by czeckers
Wed Jan 04, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 6989

Re: Study on SWR rates for Early Retirement

I think of perpetual withdrawal rates when I think of endowments. 60 years is a long time, but it is definitely finite. Add to that that there is a probability that one will die earlier than expected and, for me, the extra sacrifices to fund a retirement at 2.3% rather than 3.25 or 3.5% simply aren'...
by czeckers
Wed Jan 04, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 6989

Re: Study on SWR rates for Early Retirement

Seems like people are working a lot longer than they need to to protect against a 1% or so risk, when there is a 66% chance they end up with more than double their initial amount at retirement using the 4% rule. I 100% agree with you. If you consider these SWR rates based on market history includin...
by czeckers
Wed Jan 04, 2017 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 6989

Re: Study on SWR rates for Early Retirement

When looking at 30-60 year time frames, an annuity without an inflation adjustment would make me very nervous.
by czeckers
Tue Jan 03, 2017 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 6989

Re: Study on SWR rates for Early Retirement

I will note that the original article uses a 100% equities portfolio for its calculations. The study looks at 100% 75% 50% 25% and 0% equities. However, what frequently goes entirely UNEXPLORED by these studies is what amount you end up with in the 90% of SUCCESSFUL outcomes. Indeed, in some not-in...
by czeckers
Tue Jan 03, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 6989

Re: Study on SWR rates for Early Retirement

Consider: - Alan retires on 1/1/2016 with portfolio of $1,000,000. Using a 4% SWR, he can withdraw $40,000, inflation adjusted, for many years. - The market drops 20% and Alan's portfolio is $800,000 on 1/1/2017. He can still withdraw $40,000/year - Bob retires on 1/1/2017 with $800,000. Using a 4%...
by czeckers
Tue Jan 03, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 6989

Re: Study on SWR rates for Early Retirement

Early retirement in this case is a retirement expected to last longer than 30 years.

This is obviously affected by age at retirement as well as one's state of health.
by czeckers
Tue Jan 03, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 6989

Re: Study on SWR rates for Early Retirement

Quark, the table is merely a summary of the data. If you read the accompanying commentary, it does a very good job explaining the issues you bring up. You are of course correct to mention that the political and economic landscape in the 1800's was very different than it is now. Of course the same ca...
by czeckers
Mon Jan 02, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 6989

Study on SWR rates for Early Retirement

I just came across this study from Early Retirement Now : https://earlyretirementnow.com/2016/12/07/the-ultimate-guide-to-safe-withdrawal-rates-part-1-intro/ In it, he essentially replicates the Trinity Study but looking at investment horizons out to 60 years. The results and discussion span several...
by czeckers
Fri Dec 30, 2016 11:27 am
Forum: Investing - Theory, News & General
Topic: Bogle worried about currency risk in Int'l Stocks
Replies: 34
Views: 3344

Re: Bogle worried about currency risk in Int'l Stocks

With the current strength of the dollar, you get more bang for your buck when buying international. Also, international valuations are more favorable. Emerging markets are near their long-term PE10 average. European domestic are significantly below. On the other hand, US valuations have been above l...
by czeckers
Thu Dec 22, 2016 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: How is your all-up money distributed
Replies: 6
Views: 1125

Re: How is your all-up money distributed

My greatest asset right now is being able to earn a large income. 12.5 % of my net worth is in home equity. Rest is in stock/bond mutual funds.

-K
by czeckers
Thu Dec 22, 2016 4:58 pm
Forum: Investing - Theory, News & General
Topic: Expected Future Low Returns
Replies: 49
Views: 4900

Re: Expected Future Low Returns

The key to dealing with uncertainty is diversification. Yes, US stocks and bonds look expensive right now, but the range of possible returns is still too large to act on. Also, international developed stocks are below their PE10 average and emerging markets are also below their average though just b...
by czeckers
Sat Dec 17, 2016 7:23 pm
Forum: Personal Consumer Issues
Topic: Front Wheel Drive (FWD) vs All Wheel Drive (AWD)
Replies: 136
Views: 9687

Re: Front Wheel Drive (FWD) vs All Wheel Drive (AWD)

Snow tires make a far bigger difference than AWD. FWD with the weight of the engine over the front wheels is fine. I do recommend getting a separate set of rims for the winter tires. Frequent changing tires can damage rims leading to annoying slow leaks as the bead fails to seat properly. It's also ...
by czeckers
Tue Dec 06, 2016 12:41 pm
Forum: Personal Consumer Issues
Topic: Best printers for home use
Replies: 67
Views: 6414

Re: Best printers for home use

HP ink cartridges are expensive and you can't refill them.
by czeckers
Sat Nov 19, 2016 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly grocery costs? How do you keep it low?
Replies: 155
Views: 17748

Re: Monthly grocery costs? How do you keep it low?

Family of 11. We spend about $2000/mo on food. Those teenagers sure do eat a lot. That puts us in the same ball park as the OP. We grocery shop almost exclusively at Aldi's (a discount grocery chain) and to a lesser extent at Walmart. We've been able to also save a lot by developing relationships wi...
by czeckers
Sat Nov 19, 2016 7:53 am
Forum: Personal Consumer Issues
Topic: Energy Efficient Window Fan?
Replies: 20
Views: 2317

Re: Energy Efficient Window Fan?

As an apartment dweller, a window fan is certainly a more realistic option than a whole house fan. Window fans are definitely more energy-efficient than window air conditioners. A fan is a simple thing: an electric motor attached to a fan blade. There isn't much you can do to make one fan more effic...
by czeckers
Mon Nov 14, 2016 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Go part time number
Replies: 73
Views: 10324

Re: Go part time number

Eyeballing the numbers you provided, it looks like you need your portfolio to triple to hit your retirement number. You'd need real returns in excess of 7% to get there in 15 years without any new contributions. Given current valuations and interest rates, I wouldn't be too confident in being able t...
by czeckers
Fri Nov 11, 2016 9:20 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 331
Views: 60909

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

So the joker who wrote this article pretends that people don't know he has money? Pardon me, if you have enough to get through medical school and have been practicing as a private practice physician in this country any length of time, I know darn well you have money, no matter what kind of car you ...
by czeckers
Fri Nov 04, 2016 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: US retirement account for Canadian Citizen
Replies: 3
Views: 673

US retirement account for Canadian Citizen

I have a co-worker who is a Canadian citizen working in the US and has been contributing to a 403b. He will be permanently returning to Canada and asked me what he should do with his 403b. Does anyone know if he can just leave the account alone until retirement age or if he may run into problems bec...
by czeckers
Fri Nov 04, 2016 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Can My Husband Quit Work at 40 Based On Our Current Investments?
Replies: 16
Views: 4826

Re: Can My Husband Quit Work at 40 Based On Our Current Investments?

With respect to the mortgage, it's difficult to conceive retiring while still servicing debt. The decision about whether your husband can retire or not is a question of cash flow and mortgage payments certainly affect that. If you can carry the mortgage on your income alone, then it may not be a big...
by czeckers
Fri Nov 04, 2016 5:33 pm
Forum: Investing - Theory, News & General
Topic: Doubting Your Portfolio Tilts
Replies: 51
Views: 5548

Re: Doubting Your Portfolio Tilts

Rephrased that for you. Have you ever seen someone on this forum advocate tilting to an investor at risk of capitulating? It's no more an argument against tilting than suggesting someone blind not get behind the wheel is an argument against driving.[/quote] I agree with you that blind people shouldn...
by czeckers
Fri Nov 04, 2016 10:00 am
Forum: Investing - Theory, News & General
Topic: Doubting Your Portfolio Tilts
Replies: 51
Views: 5548

Re: Doubting Your Portfolio Tilts

I think the OP presents a very good argument against tilting. If you're not convinced, then you'll me more likely to change your portfolio when small or value underperforms for a period time.
by czeckers
Wed Nov 02, 2016 9:11 pm
Forum: Personal Consumer Issues
Topic: How much home can/should one buy?
Replies: 144
Views: 11895

Re: How much home can/should one buy?

Hmmmm. Current home purchased for 1.2x annual salary. 15 year mortgage will likely be paid off in 11 with extra payments, and will open the door for early retirement. I'm fortunate that I can work anywhere I want so chose a LCOL area. I can't imagine considering early retirement had I been in a HCOL...
by czeckers
Fri Oct 28, 2016 7:04 pm
Forum: Investing - Theory, News & General
Topic: Impact of fleeing index investors on Index Mutual Funds: studies?
Replies: 32
Views: 3213

Re: Impact of fleeing index investors on Index Mutual Funds: studies?

For every seller there must be a buyer. If investors flee funds en masse, then other investors must be buying en masse as well. To be fair, you will get panics every now and then. Generally speaking, the investors who held on, or better yet, those who had the foresight and resources to load up on sh...
by czeckers
Wed Oct 26, 2016 4:18 pm
Forum: Personal Consumer Issues
Topic: Family Calendar
Replies: 19
Views: 1879

Re: Family Calendar

Google calendar! You can create multiple calendars so each person has their own calendar and color. Also calendars for time off work, call, doctor appointments etc. Using Google is nice because it syncs across all platforms so anyone in the family can see it on their computer, phones, tablets, etc. ...
by czeckers
Tue Oct 25, 2016 9:09 pm
Forum: Personal Consumer Issues
Topic: Republic Wireless
Replies: 1
Views: 468

Republic Wireless

Hello fellow Bogleheads. Does anyone have experience with Republic Wireless and parental controls on their phones? I'm looking to go this route with my kids' phones, but the Android OS is completely foreign to me. I know on the iPhone I could restrict various apps including the app store and the int...
by czeckers
Thu Oct 13, 2016 7:30 am
Forum: Investing - Theory, News & General
Topic: Cheap asset classes and on-sale stock
Replies: 33
Views: 3260

Re: Cheap asset classes and on-sale stock

Whatever future returns I expected prior to a 10% drop are the same future returns I still expect, so my best guess is that I'll end up with less than I had originally hoped for at some given future date. This is where you are mistaken. Expected future returns are inversely correlated to the PE rat...
by czeckers
Fri Oct 07, 2016 5:00 pm
Forum: Personal Consumer Issues
Topic: 1Password on iOS
Replies: 13
Views: 1629

Re: 1Password on iOS

My main category and credit cards still work ok. I noticed that my rewards membership category is gone as well as my category for lock combinations. Im OK with paying for apps if that's the arrangement up front. I don't like that I downloaded a free app and several years later, my data is held hosta...