Search found 287 matches

by pop77
Wed Mar 15, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Financial Independence: How many years of living expenses saved?
Replies: 23
Views: 3434

Re: Financial Independence: How many years of living expenses saved?

25x of the income requirements not covered by annuitized incomes you will be receiving. For example if you need $5000/mo and social security is paying you $2000, you need 25x of $36000. If you retire early you only need to bridge the gap before SS, pensions, etc. kick in. So say you retire at 56 an...
by pop77
Tue Mar 14, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Independence: How many years of living expenses saved?
Replies: 23
Views: 3434

Re: Financial Independence: How many years of living expenses saved?

25x of the income requirements not covered by annuitized incomes you will be receiving. For example if you need $5000/mo and social security is paying you $2000, you need 25x of $36000. If you retire early you only need to bridge the gap before SS, pensions, etc. kick in. So say you retire at 56 an...
by pop77
Mon Feb 20, 2017 11:46 am
Forum: Investing - Help with Personal Investments
Topic: 20% bonds: why bother at 48?
Replies: 131
Views: 6714

Re: 20% bonds: why bother at 48?

I'm 48 and spouse is 52. I know that bonds reduce overall volatility. However, if I'm not concerned about a bumpy road during the next 10 years or so, why bother having any? If here's a global meltdown, 20% won't be enough to be meaningful. I am on board that within 5 years of retirement, I need to...
by pop77
Tue Feb 14, 2017 7:27 am
Forum: Investing - Help with Personal Investments
Topic: Foreign Exposure in Vanguard Bond funds
Replies: 19
Views: 1283

Re: Foreign Exposure in Vanguard Bond funds

The characteristic of the asset class! New way to look at it. Makes sense. Thanks!
by pop77
Mon Feb 13, 2017 3:21 pm
Forum: Investing - Help with Personal Investments
Topic: Foreign Exposure in Vanguard Bond funds
Replies: 19
Views: 1283

Re: Foreign Exposure in Vanguard Bond funds

So how do you categorize the 10% non us bonds in Vanguard total bond market? Domestic Bonds or International Bonds. As Vanguard Total Bond Market is my main (99%) fund for my bond allocation, even 10% can add up.
by pop77
Sun Feb 12, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: The Ned Said Effect strikes again
Replies: 52
Views: 3907

Re: The Ned Said Effect strikes again

I have quite often posted about the so-called Nedsaid effect which occurs when the investment you sell does better than what you bought to replace it. Recently I trimmed my position in Applied Materials selling shares at $31.79 a share. With the proceeds and cash left over from dividends, I added t...
by pop77
Mon Feb 06, 2017 7:51 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2541
Views: 649381

Re: What Movie Have You Recently Watched?

I stumbled upon a movie called 'Room' in Amazon Prime. Very well made..
by pop77
Mon Feb 06, 2017 7:45 am
Forum: Investing - Theory, News & General
Topic: Diversification Benefit of a specific asset class
Replies: 10
Views: 857

Re: Diversification Benefit of a specific asset class

I wonder whether there are any counter points from those who have multiple slices in their portfolio..
by pop77
Sun Feb 05, 2017 4:38 pm
Forum: Investing - Theory, News & General
Topic: Diversification Benefit of a specific asset class
Replies: 10
Views: 857

Re: Diversification Benefit of a specific asset class

Good point. I think % Bonds is the key decision and provides most of the diversification, other slicing and dicing is all gravy..
by pop77
Sat Feb 04, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: Diversification Benefit of a specific asset class
Replies: 10
Views: 857

Diversification Benefit of a specific asset class

I am trying to simplify my overall portfolio, trying to assess whether the asset class I own provides any specific benefit or whether I should get rid of it and add the proceeds to another one. Is there a specific way to find diversification benefit of a specific asset class? For example, I own 3% i...
by pop77
Thu Jan 19, 2017 6:56 am
Forum: Personal Finance (Not Investing)
Topic: ok to pull plug and retire?
Replies: 52
Views: 7500

Re: ok to pull plug and retire?

You should be good to go. Just curious, do you like your job or cannot wait to get out. What is your line of work? If you have accumulated a good chunk in such young age, you should be loving what you are doing..
by pop77
Fri Jan 06, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 23758

Re: Annual Vacation Budget

Thanks everyone. There is a lot of useful information here. I agree with many here that spending money on vacation is more worthwhile than spending on things. The basis for my question was even for vacations, you might soon reach a point of diminishing returns. I want to get a gauge on what the aver...
by pop77
Fri Jan 06, 2017 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 23758

Annual Vacation Budget

What is your average annual budget/spending for vacations (Family of 2-4)?
I am trying to step up a little bit on my vacation spending (live a little!) but do want to spend too much. Currently I am thinking 8-10k for three people.
by pop77
Wed Jan 04, 2017 7:08 am
Forum: Investing - Theory, News & General
Topic: Picking Individual Stocks Is Dangerous
Replies: 58
Views: 5565

Re: Picking Individual Stocks Is Dangerous

Nedsaid,

Good luck. My portfolio is structured the same way though I have a higher proportion than you in individual stocks. For Emerging Markets, Small Cap, Bonds and Real Estate I rely on Index funds.
by pop77
Sun Jan 01, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Picking Individual Stocks Is Dangerous
Replies: 58
Views: 5565

Re: Picking Individual Stocks Is Dangerous

The point is that an individual could make truly disastrous stock picks if they had no idea of what they were doing. For example, a tech heavy portfolio chosen in early 2000 could have been pretty disastrous. My guess is that losses could have been 70% to 90% compared to about 50% for the index dep...
by pop77
Sun Jan 01, 2017 5:55 pm
Forum: Investing - Theory, News & General
Topic: Picking Individual Stocks Is Dangerous
Replies: 58
Views: 5565

Re: Picking Individual Stocks Is Dangerous

Bogleheads: I saved the January 2016 issue of Kiplinger magazine because it has a two page article featuring the Bogleheads. The magazine cover recommends " 8 Stocks to Buy Now ." I thought it would be interesting to see how these 8 carefully selected stocks have performed year-to-date (1...
by pop77
Fri Dec 23, 2016 7:37 am
Forum: Investing - Theory, News & General
Topic: Interesting Contrarian View - Buy Bonds - Wealthtrack
Replies: 12
Views: 2540

Re: Interesting Contrarian View - Buy Bonds - Wealthtrack

Yeah most say get out of Bonds, Utilities and FMCG but his advice was different so I thought I would share.
by pop77
Sat Nov 26, 2016 8:46 am
Forum: Investing - Theory, News & General
Topic: TIPS vs. I-Bonds: any reason to prefer TIPS?
Replies: 20
Views: 3328

Re: TIPS vs. I-Bonds: any reason to prefer TIPS?

Looks like this [reinvestment of TIPS coupon interest] will be a disadvantage [for I Bonds] in the current environment. By "current environment" I assume you mean, pop77, that real interest rates are more likely to rise after purchase than to fall as they did in the example from my post a...
by pop77
Thu Nov 24, 2016 10:30 am
Forum: Investing - Theory, News & General
Topic: TIPS vs. I-Bonds: any reason to prefer TIPS?
Replies: 20
Views: 3328

Re: TIPS vs. I-Bonds: any reason to prefer TIPS?

One possible advantage of I Bonds over TIPS that I haven't seen discussed much is that interest earned on I Bonds is automatically reinvested at the fixed rate. This isn't the case with TIPS. If not spent, coupon interest received must be reinvested at real rates prevailing at the time. This is a c...
by pop77
Sat Nov 19, 2016 5:32 pm
Forum: Investing - Theory, News & General
Topic: Adding to Small Cap
Replies: 12
Views: 1562

Re: Adding to Small Cap

Do you blindly invest in an asset class if it hits a rebalancing band? If an asset class hits a rebalance band, that means another in your AA must have also hit that band. How is that blindly investing in one, if it's your plan to do so when rebalance bands are hit? Seems like that would be a plann...
by pop77
Sat Nov 19, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: Adding to Small Cap
Replies: 12
Views: 1562

Adding to Small Cap

I have watched Small cap go from strength to strength creating new highs. I typically look at the P/E ratios and P/B of the indexes I invest and the values for (VSCPX for example) were pretty high a year ago. Do you blindly invest in an asset class if it hits a rebalancing band? Do you pay attention...
by pop77
Wed Nov 09, 2016 9:31 am
Forum: Investing - Theory, News & General
Topic: Just don't panic
Replies: 61
Views: 9169

Re: Just don't panic

Would it make sense to use the cash reserved for IBonds in Nov for equity? Looks like the new administration will be more inclined to increase interest rates and that would possibly mean better fixed rates.
by pop77
Sat Aug 06, 2016 2:16 pm
Forum: Personal Consumer Issues
Topic: Unauthorized Cable Charges
Replies: 8
Views: 1152

Unauthorized Cable Charges

I recently switched cable providers and when I switched my new cable provider told be that he would give me three months of free premium cable (HBO, Showtime etc), to my dismay when I got my first bill I saw I have been charged for those premium channels. I called promptly and talked to them, the re...
by pop77
Fri Jul 15, 2016 11:38 am
Forum: Personal Finance (Not Investing)
Topic: How badly did I get ripped off? [Auto lease]
Replies: 21
Views: 3296

Re: How badly did I get ripped off?

What! Bogleheads talking about lease???
You had me at lease.. why would anyone lease a car unless there are some tax advantages (like running a business)?
by pop77
Fri Jul 08, 2016 6:37 am
Forum: Investing - Theory, News & General
Topic: Favorite Investing / Finance Podcasts?
Replies: 15
Views: 2121

Re: Favorite Investing / Finance Podcasts?

Morningstar
Wealthtrack
Doug Roller
Motley Fool
Paul Merriman
WSJ
by pop77
Sat Jul 02, 2016 3:59 pm
Forum: Investing - Theory, News & General
Topic: dividend paying stocks good substitutes for safe bonds (NOT)
Replies: 102
Views: 8846

Re: dividend paying stocks good substitutes for safe bonds (NOT)

POP just check out 2008 when PFF lost about 23% and 5 year Treasuries earned about 23% and underperformance of 46% just when needed most, and then tell me it's good substitute. Any way you look at it preferreds should not be owned by any individuals Larry Great. It is funny how soon we forget! Than...
by pop77
Fri Jul 01, 2016 6:45 pm
Forum: Investing - Theory, News & General
Topic: dividend paying stocks good substitutes for safe bonds (NOT)
Replies: 102
Views: 8846

Re: dividend paying stocks good substitutes for safe bonds (NOT)

POP Funny you should ask as I get many questions about them as another alternative and the investment banks love to market them. NOT EVEN CLOSE. Just finished a piece on them which we'll publish shortly Larry Looking forward to it. Recently a friend of mine close to retirement showed me some analys...
by pop77
Fri Jul 01, 2016 5:14 pm
Forum: Investing - Theory, News & General
Topic: dividend paying stocks good substitutes for safe bonds (NOT)
Replies: 102
Views: 8846

Re: dividend paying stocks good substitutes for safe bonds (NOT)

How about preferred stock index funds as a substitute?
by pop77
Sat Jun 25, 2016 9:34 am
Forum: Investing - Theory, News & General
Topic: Emergency Fund Ideas
Replies: 24
Views: 1943

Re: Emergency Fund Ideas

I find it shocking that people would use credit card debt so freely. Yes, but it is a free loan if you pay off the balance, which I always do. Why not use someone else's money for short term needs if it costs you nothing? It is better than having my own cash sit idle, earning no return. Sure but it...
by pop77
Mon May 23, 2016 9:00 am
Forum: Personal Consumer Issues
Topic: Painting House Interior - How easy to do it yourself?
Replies: 101
Views: 6861

Re: Painting House Interior - How easy to do it yourself?

Thanks for all the responses. Looks like it is easy to do but time consuming and can teach me patience :-). Ceiling height is 8 ft and 7 ft (in second floor).
by pop77
Mon May 23, 2016 8:35 am
Forum: Personal Consumer Issues
Topic: Painting House Interior - How easy to do it yourself?
Replies: 101
Views: 6861

Painting House Interior - How easy to do it yourself?

Want to paint the house interior. Mine is a relatively new house (about 2600 SQFT) and has the half white color that the builder painted when we bought the house three years ago. When I got a couple of quotes, the labor is five times the cost of the paint. And comes with a caveat that they will only...
by pop77
Sat Apr 16, 2016 7:59 am
Forum: Investing - Theory, News & General
Topic: Calculating ROI on buying a home
Replies: 4
Views: 745

Re: Calculating ROI on buying a home

Thanks Cruncher. This surely is a good shortcut. The reason I wanted to use XIRR is because, I did some refinancing and during refinancing I paid down mortgage a bit more, I also have some uneven payments where at the beginning where I made some extra payments towards principal. I also want to look ...
by pop77
Fri Apr 15, 2016 10:27 am
Forum: Investing - Theory, News & General
Topic: Calculating ROI on buying a home
Replies: 4
Views: 745

Re: Calculating ROI on buying a home

I added up monthly mortgage interest (tax adjusted, meaning interest * (1- federal+state income tax rate)), property tax, Home Insurance, HOE fee, maintenance and additional utilities and compared to my rent. And it was a good deal, meaning I will have pay at least an additional $500 for an equival...
by pop77
Fri Apr 15, 2016 8:45 am
Forum: Investing - Theory, News & General
Topic: Calculating ROI on buying a home
Replies: 4
Views: 745

Calculating ROI on buying a home

This is probably discussed before, but my search returned too many results and I am not sure whether this angle has been discussed before. I want the forum to evaluate the logic and math here. Mortgage has two components, Principal and Interest. In addition to this you have property taxes, Home Insu...
by pop77
Mon Feb 08, 2016 3:25 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

Bought WPPGY today (2/8)@ 96.35
by pop77
Sun Feb 07, 2016 6:30 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: Picking winning funds in advance. A loser's game.

pop77: Sometimes we fail to remember our mistakes. In April, 2008, (your third post) you wrote: Postby pop77 » Wed Apr 30, 2008 7:45 pm I keep reading a lot of articles about lazy portfolios and index investing. However I am still not convinced that indexes cannot be beaten. I think it is against t...
by pop77
Sun Feb 07, 2016 4:47 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

Please post your purchases here in real time so we can track them going forward. I probably will if you can post your purchases as well. I will probably do the stock and the price holding off quantity. That is more than I am willing to share. I want this tracked over long periods of time (decades) ...
by pop77
Sun Feb 07, 2016 4:41 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

General reply not citing anyone, I have read somewhere that " A bad argument supporting what you believe is much worse than a good argument against you". Some arguments in support of individual stock picking like the one which said that they were able to get out of market just in time that...
by pop77
Sun Feb 07, 2016 4:35 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

I remember the day I learned this lesson. I owned many individual stocks, among them was Washington Mutual, "the friend of the family" was the company slogan. I live in Seattle. I'd banked there for years; our mortgage was through the bank. The stock paid a high dividend and had a solid r...
by pop77
Sun Feb 07, 2016 9:09 am
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

I believe that the risks of investing in individual stocks is often exaggerated. The article I thought was a bit over the top. A poster pointed out that individual stock portfolios tend to be pretty heavily weighted in large cap, blue chip stocks. Someone else pointed out that price and valuations ...
by pop77
Sun Feb 07, 2016 7:56 am
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

Please post your purchases here in real time so we can track them going forward. I probably will if you can post your purchases as well. I will probably do the stock and the price holding off quantity. That is more than I am willing to share. I want this tracked over long periods of time (decades) ...
by pop77
Sat Feb 06, 2016 6:45 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

Thanks Taylor. I guess it's like anything in life, it depends on your goal. If you want to try to make some quick cash, and are willing to deal with significant risk, go right ahead! I would not classify everyone buying individual stocks as someone looking for quick cash. That is overgeneralizing.
by pop77
Sat Feb 06, 2016 6:41 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

Picking an average assortment of large-cap stocks as a proxy for the market is no difficult task. The DJIA has done a reasonable job of . There is an extreme amount of bias selecting stocks ex-post, for example the above chart included Microsoft since 1994, it was hardly what anyone would call a &q...
by pop77
Sat Feb 06, 2016 6:19 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

The following chart shows how some blue chips have beaten total stock market index handily over long term. So, which blue chips will beat the market going forward? It all depends on price. I am currently watching DEO (will buy around 100), NSRGY (will buy under 70), WPPGY (Will buy under 100) and U...
by pop77
Sat Feb 06, 2016 4:31 pm
Forum: Investing - Theory, News & General
Topic: "Picking Individual Stocks is a Loser's Game"
Replies: 104
Views: 12532

Re: "Picking Individual Stocks is a Loser's Game"

I know this is against most of forum members thoughts, I have even been called 'anti-boglehead' but I think one can hold individual stocks and can also be a boghlehead. I have 50% invested in individual stocks (most of them dividend aristocrats, champions whatever name you choose) and 50% in funds. ...
by pop77
Sun Jan 17, 2016 6:17 pm
Forum: Investing - Theory, News & General
Topic: Allocating Cash in down markets( Accumulation Phase)
Replies: 28
Views: 2782

Re: Allocating Cash in down markets( Accumulation Phase)

I use a similar method. But here is a question, say you have 10,000. EM is off by 8%, Small Cap is off by 6% and International Developed is off by 5% and international RE is off by 6%. Do you allocate all 10,000 to EM? or do you try allocating 2000 to EM and wait. The math is too complicated with t...
by pop77
Sun Jan 17, 2016 6:16 pm
Forum: Investing - Theory, News & General
Topic: Allocating Cash in down markets( Accumulation Phase)
Replies: 28
Views: 2782

Re: Allocating Cash in down markets( Accumulation Phase)

Your statements about RBD suggest you misunderstand it. There has not been an RBD in Vanguard Total Stock Index fund yet in 2016. I agree. Looks like many here do not understand RBD fully. It is clouded in mystery! Can you write or point to a complete write up of RBD method? Some thing like the mos...

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