Search found 25 matches

by skor99
Mon Jul 17, 2017 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 8019

Re: Personal Finance Milestone: 20 Times Annual Expense

Congrats, Klangfool ! Not trying to be a wet blanket or anything, but isn't the thumb rule at least 25 times and not 20 ? Unless we are talking millions in savings where there is margin of safety, I think there is a big difference between 800 K and 1 MM for 40 K in expenses for example.
by skor99
Sat Jul 15, 2017 11:28 am
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

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

I like many others am a skeptic of this market, given the volatile political situation and lack of any real improvements such as tax reform or infrastructure bills. But the fact is that the market still keeps going up. I am still in the market but What is everybody else doing ? Keeping the faith or...
by skor99
Sat Jul 15, 2017 11:25 am
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

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

What do you mean by "unprecedented?" The market has risen before, so what is different about this time? Unprecedented in the sense that market seems to be ignoring the political volatility and uncertainty, highest inequality since the 1920s by some measures and the general unease amongst ...
by skor99
Fri Jul 14, 2017 9:29 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

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

And btw, I am not a bear and am not rooting for the market to fall in any way. Just Trying to balance my cautious and fragile optimism with some concerns - not just in the stock market but also in my personal job situation. Hopefully it will all end well, but there are some nights that I don't sleep...
by skor99
Fri Jul 14, 2017 8:49 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

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

I finally got our accounts to a 3 or 4 fund portfolio at a 60/40 asset allocation. It's nice to see the balances go up, but fully expect things to drop sometime. I rode it out the last time without doing anything stupid; I think I can do it again. Having a pension as a cushion does help as I should...
by skor99
Fri Jul 14, 2017 8:46 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

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

If this market rise is getting you all rattled you would have had a tough time in the 1980's and 90's. Water cooler discussions about which lousy "maximum capital gains" category funds were up only 50% last year......... Yes, to be honest, it does feel silly to be rattled when the market ...
by skor99
Fri Jul 14, 2017 7:56 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

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

If this market rise is getting you all rattled you would have had a tough time in the 1980's and 90's. Water cooler discussions about which lousy "maximum capital gains" category funds were up only 50% last year......... Yes, to be honest, it does feel silly to be rattled when the market ...
by skor99
Fri Jul 14, 2017 7:39 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

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

I hate to waste my 1000th post on this, but this rise isn't unprecedented . I get the impression people are reading the many posts about time in the market and just not getting it. Oh well, it's not my problem. Good luck. Unprecedented in the sense that the political environment is so volatile and ...
by skor99
Fri Jul 14, 2017 6:41 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

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

I have conservative allocation as well, my portfolio has roughly 50 % of the movement of the s&p 500. I always think of the money I have lost by having such an allocation, but cannot muster the courage to allocate more at this stage to either stocks or bonds, ( except for my bi weekly 401k contr...
by skor99
Fri Jul 14, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 136
Views: 11485

How are folks handling the unprecedented rise in the market ?

I like many others am a skeptic of this market, given the volatile political situation and lack of any real improvements such as tax reform or infrastructure bills. But the fact is that the market still keeps going up. I am still in the market but What is everybody else doing ? Keeping the faith or ...
by skor99
Fri Jul 14, 2017 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 175
Views: 6701

Re: Do you count vehicle equity in net worth?

I do. The three cars we use are worth right now in the used market around 250k and they have no loans on them. Why would I not count them? We also count the boat. These are fairly liquid assets and it has happened before that I sold everything to make an investment or transaction. Are any of those ...
by skor99
Thu Jul 13, 2017 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 175
Views: 6701

Re: Do you count vehicle equity in net worth?

I don't think any primary home, furniture, vehicles etc. should be included as you would always need a home to live in ( or pay rent), need furniture and vehicles. Only the amount Sitting in your bank and brokerage account etc. plus any equity in rental/investment property should be counted as your ...
by skor99
Fri Jul 07, 2017 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Is this the right way to measure investment performance
Replies: 9
Views: 525

Re: Is this the right way to measure investment performance

I did allocate the amount saved by year. I only had sufficient money to invest starting 1997 or so, but I was not in stocks much at all in the late 1990s/early 2000s, correctly recognizing the tech bubble at that time, but then incorrectly avoided getting in the market till 2004 or so. Then the 2008...
by skor99
Fri Jul 07, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Is this the right way to measure investment performance
Replies: 9
Views: 525

Re: Is this the right way to measure investment performance

Correct, I don't have that detail, just approximate amounts saved every year. This should still give me an approximate idea, I think.
by skor99
Fri Jul 07, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Is this the right way to measure investment performance
Replies: 9
Views: 525

Is this the right way to measure investment performance

I have the approximate amount of money I saved every year since 1995 and my NW number as of today excluding my primary home. This money was saved in a combination of bank money mkt, bonds and stocks. I used the XIRR function on this range and am getting a rate of 2.98 % . This number seems low, but ...
by skor99
Wed Jun 28, 2017 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Re: Middle age job blues

Personally, if I had to learn something new, I would learn something of the future than something from the past. I did some work in COBOL earlier in my career and did not like it. It's amazing it has lasted this long as there were talks of COBOL going away soon in the early 1990s. It does look like ...
by skor99
Wed Jun 28, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

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. I...
by skor99
Wed Jun 28, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Re: Middle age job blues

One would normally always wish that they remain young, but I sometimes half wish I was older so that retirement would be easier. :-)
I have done some consulting a few years back, might be something to explore
by skor99
Wed Jun 28, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Re: Middle age job blues

Mamager leading onshore/offshore developers. This team might get consolidated with another team in a different location.
by skor99
Wed Jun 28, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Re: Middle age job blues

I would like to think that I am a good performer overall as that's the reason I have been able to stay employed for 25+ years and make decent money. Now My networking skills might not be up to par as well as I maybe lacking in street smarts. I see people who have been even more successful than I hav...
by skor99
Tue Jun 27, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Re: Middle age job blues

Thanks for trying to raise my spirits, Klangfool ! I still am a person who tends to be cautious, but will try to be a little bit relaxed based on what you say
by skor99
Tue Jun 27, 2017 8:19 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Re: Middle age job blues

my wife has very limited work history , how will she get 12K ? S he has not earned half my lifetime wages or anything even close to that skor99, https://www.thebalance.com/how-the-the-social-security-spouse-benefit-works-2388924 She gets 50% of your benefits even if she never worked. It is called &...
by skor99
Tue Jun 27, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Re: Middle age job blues

A 4% withdrawal rate is considered safe for retirements only up to 30 years in length. The OP is too young. If the OP were to retire now, at age 48, he could be looking at 40 or even 50 years of retirement. With that withdrawal rate his money could run out. https://www.bogleheads.org/wiki/Safe_with...
by skor99
Tue Jun 27, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Re: Middle age job blues

Thank you for all the input. I will try to address some of the follow-up questions. My wife has not worked for many years and unfortunately does not have very good marketable skills and has some speech issues as well. I guess she can look for something in the retail industry etc. as a last resort, b...
by skor99
Tue Jun 27, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 8496

Middle age job blues

Hello , Long time watcher but first time posting. I need some guidance from folks who might have found themselves in similar situations at middle age. I work in the IT industry and find myself at a point where the future does not seem very bright. I am 48 and made good money for a number of years bu...

Go to advanced search