Search found 24 matches

by eurobogle
Thu Jun 14, 2018 8:10 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1280

Re: FIRE to Sweden from Switzerland on 1M euro?

At the risk of a very troubled pot (British ) calling a Swedish kettle dirty*, Sweden has undergone quite sweeping social and economic changes in the last 20 years. I am assuming that you keep in touch with the country on a regular basis, but you might find "you can't go home again". This is a bit ...
by eurobogle
Thu Jun 14, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1280

Re: FIRE to Sweden from Switzerland on 1M euro?

I think semi-FIRE works best for people under 60. You can tell everyone you are "retired" from your stressful city job but you actually are working doing something you enjoy more or at your own pace or location of your choosing so work is less onerous. Some income helps offset any longevity risks a...
by eurobogle
Thu Jun 14, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1280

Re: FIRE to Sweden from Switzerland on 1M euro?

Are you ready to commit to a E3000 lifestyle for 50+ years? Honestly, no, or at least not in such absolute terms. I do have a reasonable expectation that this lifestyle will suit me well. It is not so unlike the life I am already accustomed to and I have not felt tempted by lifestyle creep even whi...
by eurobogle
Thu Jun 14, 2018 7:22 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1280

Re: FIRE to Sweden from Switzerland on 1M euro?

In the US, $1 million dollars isn't what it used to be. I don't know if the same applies for 1 million Euro. My calculation is that with 1M in an ISK account and a 4% SWR you could expect 3K/month after taxes. This seems fairly comfortable for a family with frugal habits. Taxes could increase signi...
by eurobogle
Wed Jun 13, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1280

Re: FIRE to Sweden from Switzerland on 1M euro?

Are you from this low-cost area of Sweden? Do you have friend and relatives there? GIven the way you phrase it, it doesn't really seem like it, which to me is maybe a little strange. If not, maybe you are choosing things from too strictly a financial perspective. My guess is that even non-central S...
by eurobogle
Wed Jun 13, 2018 10:19 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1280

Re: FIRE to Sweden from Switzerland on 1M euro?

The usual things: taxes, housing, healthcare (discretionary in addition to the usual things), university for children, travel plans, new hobbies, what you're retiring to , house maintenance, property taxes, vehicle replacement, what your Plan B might be if equity returns are especially poor for an ...
by eurobogle
Wed Jun 13, 2018 1:43 am
Forum: Personal Finance (Not Investing)
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 16
Views: 1280

FIRE to Sweden from Switzerland on 1M euro?

We live in Switzerland (HCOL) and are thinking about retiring to Sweden (LCOL). We have a young family and 1M Euro in taxable accounts. We should be able to safely withdraw close to the median income in LCOL areas of Sweden (e.g. Lund) from our portfolio if we invest in a tax-efficient "ISK" account...
by eurobogle
Mon Dec 11, 2017 3:43 am
Forum: Investing - Help with Personal Investments
Topic: What to do when emergency fund runs out? (IPS)
Replies: 8
Views: 1220

What to do when emergency fund runs out? (IPS)

What should I do when my emergency fund runs out? I would like to update my IPS to cover this scenario, and I am wondering what a sensible policy would be. Background: I have a European two-fund portfolio with VWRL for stocks and IEAG for bonds. My AA is (age-5)% bonds, my rebalancing threshold is 5...
by eurobogle
Tue Oct 03, 2017 10:53 pm
Forum: Investing - Theory, News & General
Topic: Shooting for the moon as a young investor
Replies: 19
Views: 2462

Re: Shooting for the moon as a young investor

The idea that if you're young you can afford to lose money is, in my opinion, entirely backward - you have more time to let compounding earn for you. On reflection I suspect that you are right. On the one hand it's easy to say "you are young, you can always save another $50K later." On the other ha...
by eurobogle
Tue Oct 03, 2017 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help with private investment opportunity
Replies: 47
Views: 3384

Re: Help with private investment opportunity

I started another thread at a tangent to this one: on the general idea of "shooting for the moon" as a young investor with an investment like this as one potentially investment amongst others.
by eurobogle
Tue Oct 03, 2017 8:50 pm
Forum: Investing - Theory, News & General
Topic: Shooting for the moon as a young investor
Replies: 19
Views: 2462

Shooting for the moon as a young investor

Thought experiment: Suppose that you are a young person who has decided to make a single large bet on a risky proposition with a potential quick ~20x return (like this poster ). If it goes well then your return may be life-altering e.g. freedom to choose from more personally exciting career trajecto...
by eurobogle
Mon Jun 05, 2017 10:53 am
Forum: Personal Consumer Issues
Topic: Article: Compare ROI of college education vs S&P500
Replies: 52
Views: 4470

Re: Article: Compare ROI of college education vs S&P500

chasing the dollars above all in terms of your life career choices is usually a poor decision The article reinforces this point, right? They suggest that if you have the cash to go to college you but would prefer to do something else then that's fine. Just invest your cash in the S&P500 and then go...
by eurobogle
Mon Jun 05, 2017 6:22 am
Forum: Personal Consumer Issues
Topic: Article: Compare ROI of college education vs S&P500
Replies: 52
Views: 4470

Re: Article: Compare ROI of college education vs S&P500

Those numbers are dramatically different than the ones he presented. I wonder why mine are so different from his? Good question. Is it that the article is talking about "Expected ROI" which is adjusted by the graduation rate? I wonder what the numbers would have looked like in 2009. It does seem li...
by eurobogle
Mon Jun 05, 2017 5:36 am
Forum: Personal Consumer Issues
Topic: Article: Compare ROI of college education vs S&P500
Replies: 52
Views: 4470

Re: Article: Compare ROI of college education vs S&P500

So I went to college, and he got a job at Burger King. You can extrapolate from there. Here is how I would extrapolate in the specific context of the linked article: If two people start with the same circumstances, and one of them invests time and money in a college education while the other invest...
by eurobogle
Mon Jun 05, 2017 3:37 am
Forum: Personal Consumer Issues
Topic: Article: Compare ROI of college education vs S&P500
Replies: 52
Views: 4470

Article: Compare ROI of college education vs S&P500

I found this article thought provoking: On average, foregoing college in favor of entering the workforce + investing tuition costs nets higher returns http://erikrood.com/Posts/college_roi_.html . This sets off a few trains of thought for me... To what extent is higher education a system of wealth t...
by eurobogle
Wed Jan 11, 2017 4:51 pm
Forum: Investing - Theory, News & General
Topic: Incremental retirement?
Replies: 11
Views: 1465

Re: Incremental retirement?

This might or might not be a fine idea depending on what you would do with the time. Sometimes a full time job is just too much of a grind, but working half time is great. Or you have some hobbies or volunteer work you really want to do and so you are willing to push our retirement as the trade for...
by eurobogle
Wed Jan 11, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: Incremental retirement?
Replies: 11
Views: 1465

Re: Incremental retirement?

Well, that depends. If you're spending 3/4 of your take-home pay annually, going half-time would cause you to run a deficit and deplete the savings you have built up. My model says otherwise. I wonder what the difference is? Do you account for investment returns during the accumulation phase? Or ha...
by eurobogle
Wed Jan 11, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: Incremental retirement?
Replies: 11
Views: 1465

Re: Incremental retirement?

The key concept here is flexibility. [...] As long as you do not make any decisions that you cannot take back, it seems like an interesting plan. I like this way of thinking. However, I do see this plan as an irrevocable decision to spend a decade (say) with a more variable lower-bound on income an...
by eurobogle
Wed Jan 11, 2017 7:00 am
Forum: Investing - Theory, News & General
Topic: Incremental retirement?
Replies: 11
Views: 1465

Incremental retirement?

Question: If I have accumulated 50% of my retirement savings (based on SWR model) then is it safe to "50% retire" immediately? I mean: Could I immediately start to draw half of my living costs from my retirement portfolio (supposing this were accessible) and then continue working to (a) pay the othe...
by eurobogle
Sat Jan 07, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Swiss Franc back down?
Replies: 4
Views: 898

Re: Swiss Franc back down?

Thank you both for the excellent replies. This casts a negative light on the strategy of earning Euros, investing them in a world-diversified portfolio, and waiting for the Franc to come down. This would be fine if the full story were that the Franc is temporarily overvalued. However, it is less att...
by eurobogle
Thu Jan 05, 2017 9:14 am
Forum: Investing - Theory, News & General
Topic: Swiss Franc back down?
Replies: 4
Views: 898

Swiss Franc back down?

Innocent questions: Why has the Swiss Franc (CHF) risen so much value against the Euro over the past 10 years? What economic forces might plausibly pressure it back down to 2007 levels? I ask because I live in Switzerland but my income is from abroad and my investments are internationally diversifie...
by eurobogle
Sat Jul 19, 2014 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: IEAG for European three-fund portfolio
Replies: 2
Views: 475

Re: IEAG for European three-fund portfolio

Being correlated with equities sounds unfortunate. I understand that a big reason for the stock/bond split is to be able to rebalance for stability.

I live in Switzerland but I don't want to buy government bonds here because the economy seems too small. German bonds instead, then?
by eurobogle
Thu Jul 17, 2014 2:02 am
Forum: Investing - Help with Personal Investments
Topic: IEAG for European three-fund portfolio
Replies: 2
Views: 475

IEAG for European three-fund portfolio

I am using the iShares Euro Aggregate Bond UCITS ETF for the bonds component of my simple European three-fund portfolio.

Is this a good choice? If not, why not and what should I consider instead?
by eurobogle
Sat Jun 07, 2014 6:51 am
Forum: Investing - Help with Personal Investments
Topic: First investment plan, for early retirement
Replies: 1
Views: 422

First investment plan, for early retirement

Hello! We have made our first investment plan and would love some feedback about how it suits our goals. Background: Young family (30s) living in Europe. Investment Philosophy: Enjoy today and be prepared for the future. Objectives: Retire early. Have "retirement assets" that produce at least €32,00...