Search found 1709 matches

by zaboomafoozarg
Mon Jan 16, 2017 1:58 am
Forum: Personal Consumer Issues
Topic: How to improve my income as software lead/manager?
Replies: 25
Views: 2411

Re: How to improve my income as software lead/manager?

$180k for a lead dev is really high in a low-to-mid COL area.
by zaboomafoozarg
Sat Jan 14, 2017 7:23 pm
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 85
Views: 7236

Re: "Millennials may need to double how much they save for retirement"

Dirghatamas wrote:My overall point still stands that given we in the US get paid on average a LOT more than most places in the world


Still, most people in the US aren't making $1.5-2M per year like you are.

Maybe on this forum :D But not the US as a whole.
by zaboomafoozarg
Fri Jan 13, 2017 10:03 am
Forum: Investing - Theory, News & General
Topic: "Millennials may need to double how much they save for retirement"
Replies: 85
Views: 7236

Re: "Millennials may need to double how much they save for retirement"

I save 50-60% just to be safe. That might be what's needed to retire by the 2040's.
by zaboomafoozarg
Sun Jan 08, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: No Vanguard Customer Support on weekends
Replies: 55
Views: 3937

Re: No Vanguard Customer Support on weekends

I don't think I've ever had a reason to call customer support at any brokerage.

I'd much rather send an email or chat on the web. It's easier to explain things that way, plus then you have a written record.
by zaboomafoozarg
Fri Jan 06, 2017 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: 500K milestone celebration
Replies: 73
Views: 6514

Re: 500K milestone celebration

Congratulations OP!

I used to think about doing something special to celebrate $500k, but I've spent enough time around this and other money forums to realize that it's a non-event to a ton of people. So, maybe if I ever get to $5M I'll buy a watch or something. :D
by zaboomafoozarg
Fri Jan 06, 2017 8:11 am
Forum: Investing - Theory, News & General
Topic: 2017 hedge fund contest
Replies: 120
Views: 6196

Re: 2017 hedge fund contest

I think everyone should have to pick 3 longs and 3 shorts.
by zaboomafoozarg
Thu Jan 05, 2017 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Study on SWR rates for Early Retirement
Replies: 63
Views: 5816

Re: Study on SWR rates for Early Retirement

So basically, live on dividends? At this point that's the only withdrawal rate I think I'd feel comfortable using.
by zaboomafoozarg
Tue Jan 03, 2017 9:52 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 236
Views: 24995

Re: Whats your number to walk away?

After 16 hours of work today, I think my number just got $100-200k lower... :oops:
by zaboomafoozarg
Mon Jan 02, 2017 9:08 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 236
Views: 24995

Re: Whats your number to walk away?

The Wizard wrote:RAchip is my new idol...


Not mine, no way I want to work until I have $100M! At my current savings rate and given a 5% return, it'd take me until I'm... 103 years old to hit that amount. :D
by zaboomafoozarg
Mon Jan 02, 2017 5:46 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 236
Views: 24995

Re: Whats your number to walk away?

$1.5m real, so probably $2m nominal by the time I get there.

I don't think I'd walk away from all work though. Just the 9-5 daily grind kind of work.
by zaboomafoozarg
Sun Jan 01, 2017 10:54 pm
Forum: Investing - Theory, News & General
Topic: This is a good weekend to start tracking your net worth.
Replies: 69
Views: 5353

Re: This is a good weekend to start tracking your net worth.

I agree, it's interesting to track net worth over time. Just doing that makes me strongly consider large purchases before making them, because it will impact my net worth "score". I started doing it the month that I joined this forum using a simple Excel spreadsheet. That sheet is a little...
by zaboomafoozarg
Sat Dec 31, 2016 11:20 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1272
Views: 204397

Re: What are you up YTD? [Year To Date]

My 401k site says my 2016 return was 8.75%, so my portfolio return is probably somewhere around 8-9%.

Including contributions my increase was 24.5%.
by zaboomafoozarg
Wed Dec 28, 2016 9:07 pm
Forum: Investing - Theory, News & General
Topic: Expected returns 2017-2047
Replies: 30
Views: 2855

Re: Expected returns 2017-2047

I'm curious what you mean by that? So if someone was continually investing, the return would be higher. Is this your way of saying that there will be poor returns early on, and DCA of continually investing will do better due to better performance later on in the 30 year period? Just trying to see i...
by zaboomafoozarg
Wed Dec 28, 2016 6:41 pm
Forum: Investing - Theory, News & General
Topic: Expected returns 2017-2047
Replies: 30
Views: 2855

Re: Expected returns 2017-2047

Real returns from today, or real returns continually investing? At the US market's current valuation, I'd rate the expected 30-year returns as follows: Bad - 0% real OK - 2% real Great - 4% real If someone was continually investing over the next 30 years, I'd expect these returns to be a little high...
by zaboomafoozarg
Tue Dec 27, 2016 10:04 pm
Forum: Investing - Theory, News & General
Topic: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.
Replies: 17
Views: 1661

Re: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.

I thought this thread looked familiar. I guess that's because you posted basically the same thing back in October, and July, and May, and March.
by zaboomafoozarg
Tue Dec 27, 2016 9:25 pm
Forum: Investing - Theory, News & General
Topic: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.
Replies: 17
Views: 1661

Re: VGTSX Price in 2000 - $14.31. Price in late 2016? $14.63.

Well, I feel better about buying for $14 in 2016 than I do about buying it for $14 in 2000.
by zaboomafoozarg
Fri Dec 23, 2016 12:33 pm
Forum: Investing - Theory, News & General
Topic: Financial Independence is not the Holy Grail
Replies: 85
Views: 8964

Re: Financial Independence is not the Holy Grail

This article doesn't convince me to stop making saving money for financial independence my #1 priority. I don't have the option of cutting back from 16 to 12 shifts a month. I've never seen a software dev job that allows that. My job has required me to work 60+ hours a week for the past few months w...
by zaboomafoozarg
Fri Dec 16, 2016 11:29 am
Forum: Investing - Theory, News & General
Topic: Ellis: "Under 40 years old - 100% in Stocks"
Replies: 54
Views: 5609

Re: Ellis: "Under 40 years old - 100% in Stocks"

I assume he's referring to people who'll retire at the normal age. For someone retiring at 40-45, I'd want to be a little more conservative. Not much more, but maybe 25-30% bonds at that point.
by zaboomafoozarg
Mon Dec 12, 2016 11:05 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement amount or goal
Replies: 31
Views: 4075

Re: Retirement amount or goal

40x will provide for 40 years at 0% real return, which I can envision happening in the remainder of this century. Do you get depressed when you picture the future that way? Seriously? 84 years at 0% real? Why invest at all? Yeah it's pretty depressing to be honest. But I'm thinking it's better to e...
by zaboomafoozarg
Sun Dec 11, 2016 1:53 am
Forum: Investing - Help with Personal Investments
Topic: Retirement amount or goal
Replies: 31
Views: 4075

Re: Retirement amount or goal

Seriously, 40X? Sounds like a good way to become the richest guy in the graveyard to me. That's a stretch goal :) 40x will provide for 40 years at 0% real return, which I can envision happening in the remainder of this century. I will definitely look at SPIAs when I am in my 60's, unless my pension...
by zaboomafoozarg
Sat Dec 10, 2016 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement amount or goal
Replies: 31
Views: 4075

Re: Retirement amount or goal

Or 30x-40x expenses if your goal is to retire early.
by zaboomafoozarg
Sat Dec 10, 2016 3:29 pm
Forum: Personal Consumer Issues
Topic: Warning: BH may be hazardous to your financial health
Replies: 63
Views: 9808

Re: Warning: BH may be hazardous to your financial health

I think I'm spending less because I visit here.

I decided to work all weekend instead of going to a party because I need to make more money to keep up with the Bogleheads (as defined by the net worth survey).
by zaboomafoozarg
Fri Dec 02, 2016 12:46 am
Forum: Investing - Theory, News & General
Topic: What percentage of international do you hold?
Replies: 127
Views: 6174

Re: What percentage of international do you hold?

40% international in stocks, 25% international in bonds
by zaboomafoozarg
Sat Nov 26, 2016 10:19 am
Forum: Investing - Help with Personal Investments
Topic: My Bonds Are Enraging Me
Replies: 43
Views: 5711

Re: My Bonds Are Enraging Me

You have $153,400 in VBTLX. $138 is just noise in comparison. The fund will pay you about $300 at the beginning of December and every month after that.
by zaboomafoozarg
Fri Nov 25, 2016 8:07 pm
Forum: Investing - Help with Personal Investments
Topic: My Bonds Are Enraging Me
Replies: 43
Views: 5711

Re: My Bonds Are Enraging Me

JKE wrote:Thanks everyone. I have much to learn. I think from now on I'll look at my returns only once a year.


That's one strategy that can work.

Another strategy is to look at your returns regularly and learn that there are a lot of fluctuations due to noise, and they're not worth worrying about.
by zaboomafoozarg
Fri Nov 25, 2016 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 122
Views: 15469

Re: Fidelity free Turbotax

FIREchief wrote:On a related note, I would NEVER type all of my personal information into an on-line version of the software. Do people actually do this?? :confused


Of course they do.
by zaboomafoozarg
Fri Nov 25, 2016 11:21 am
Forum: Personal Consumer Issues
Topic: Questions for musicians - piano - gift
Replies: 8
Views: 557

Re: Questions for musicians - piano - gift

That's awesome! I started at 6 years old too and have been playing ever since. Not sure what your budget is, but I saw that there is a 88-key weighted Alesis keyboard selling on Amazon for $210: https://www.amazon.com/Alesis-Recital-Beginner-Full-Size-Semi-Weighted/dp/B01DZXE9NC/ref=sr_1_1?s=musical...
by zaboomafoozarg
Sun Nov 20, 2016 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 8226

Re: Do you track your net worth? How long have you done so?

I've tracked my net worth since starting out on this forum in 2011.

It's nothing great, but it is nice to see some progress. Of course it has been a bull market for the last 5 years, so I'm probably lined up for getting knocked down a peg.
by zaboomafoozarg
Sat Nov 19, 2016 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Go part time number
Replies: 63
Views: 6300

Re: Go part time number

I'll just work full time until 30x expenses, then quit. Or... reorganise your expenses until they are 1/30th of what you have, then quit. True, that is another option. There's not much I want to cut though at $20-25k a year. And I actually want to save for $10-20k per year more than I currently spe...
by zaboomafoozarg
Fri Nov 18, 2016 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Go part time number
Replies: 63
Views: 6300

Re: Go part time number

No part-time for me - I'll just work full time until 30x expenses, then quit.
by zaboomafoozarg
Wed Nov 16, 2016 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 391
Views: 93246

Re: Share your networth progression

I thought I was doing alright until I read this thread, LOL.
by zaboomafoozarg
Wed Nov 09, 2016 1:07 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3305
Views: 811341

Re: U.S. stocks in freefall

livesoft wrote:More importantly, the Cubs won the World Series.


No that's pretty much the worst thing ever.
by zaboomafoozarg
Wed Nov 09, 2016 1:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3305
Views: 811341

Re: U.S. stocks in freefall

zaboomafoozarg wrote:It has been prophesied that the RBDs will not return until livesoft does.


Well look at that - livesoft has returned and we appear to have an RBD looming before us!
by zaboomafoozarg
Wed Nov 02, 2016 5:09 am
Forum: Personal Finance (Not Investing)
Topic: Health Insurance rates went up
Replies: 155
Views: 13648

Re: Health Insurance rates went up

Health Insurance rates went up Yep they sure did. My parents are now up to 20% of their income for the health insurance premium and another 20% for the deductible. It's sad, but they can't wait until they're old enough to receive Medicare. They avoid doctors visits unless it's an emergency because ...
by zaboomafoozarg
Tue Nov 01, 2016 4:32 am
Forum: Investing - Theory, News & General
Topic: Barron's article: Get ready for sub-5% returns
Replies: 43
Views: 6682

Re: Barron's article: Get ready for sub-5% returns

Oh I've been ready for lower returns for years. I fully expect to not see anything more than 3% real in my lifetime.
by zaboomafoozarg
Sun Oct 23, 2016 4:13 pm
Forum: Personal Consumer Issues
Topic: Car dealer "Internet Sales Department" - Useless?
Replies: 58
Views: 5856

Re: Car dealer "Internet Sales Department" - Useless?

To buy my last car, I sent emails to 18 car dealerships requesting a quote for the total out-the-door price of the make/model/trim I wanted. Of those 18 dealers 10 didn't respond, 5 explained to me why giving an email quote "just isn't possible", and 3 gave me actual prices. I followed up ...
by zaboomafoozarg
Sun Oct 23, 2016 3:48 pm
Forum: Personal Consumer Issues
Topic: Aldi doesn't accept phone calls
Replies: 36
Views: 4366

Re: Aldi doesn't accept phone calls

I don't understand the appeal of Aldi's. I know they are cheap That is the appeal of Aldi's. I grew up eating their food, so I still get most of it there. Whatever I can't get there I just go to Walmart for. I end up saving probably 30-40% on groceries by shopping there. I am annoyed they don't tak...
by zaboomafoozarg
Sun Oct 23, 2016 12:05 pm
Forum: Investing - Theory, News & General
Topic: Who disagrees with Jack. . .
Replies: 73
Views: 5824

Re: Who disagrees with Jack. . .

Petrocelli wrote:I don't like his watch.


[Animated image removed by Mod Mel]
by zaboomafoozarg
Sat Oct 22, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Cheapskate for not flying business class?
Replies: 81
Views: 6340

Re: Cheapskate for not flying business class?

I'm using business class as an incentive to make and save more money.

If I ever get to a net worth of $3M then I'm allowed to fly business class once per year.
by zaboomafoozarg
Sat Oct 22, 2016 10:53 am
Forum: Investing - Theory, News & General
Topic: Complete this sentence
Replies: 17
Views: 1452

Re: Complete this sentence

... are a millionaire by the time you're 40.
by zaboomafoozarg
Thu Oct 13, 2016 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads use Robo Advisors?
Replies: 39
Views: 3931

Re: Do Bogleheads use Robo Advisors?

Nah, I have too many accounts and a robo-advisor wouldn't be able to coordinate between them all.
by zaboomafoozarg
Thu Oct 13, 2016 9:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3305
Views: 811341

Re: U.S. stocks in freefall

gks wrote:I always look for this thread during bad times and thought I may have missed a RBD to invest, but saw it was a non-event.


It has been prophesied that the RBDs will not return until livesoft does.
by zaboomafoozarg
Tue Oct 11, 2016 8:24 am
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 181
Views: 25903

Re: QSPIX Nightmare - Closed Off to Retail Investors

Ah, I didn't know that. At one time it seemed like this wasn't the case anywhere, unless you were tied to some sort of advisor associated with AQR. So that's good for people holding their I-class shares of AQR funds at Fidelity. Nice to know it works both there and at Vanguard. What kind of fees do...
by zaboomafoozarg
Mon Oct 10, 2016 7:48 pm
Forum: Investing - Theory, News & General
Topic: QSPIX Nightmare - Closed Off to Retail Investors
Replies: 181
Views: 25903

Re: QSPIX Nightmare - Closed Off to Retail Investors

It is once again possible to buy QSPIX at Fidelity. I just did it last week. But I already had shares there which I'd purchased before the close date.
by zaboomafoozarg
Mon Oct 10, 2016 2:29 pm
Forum: Personal Consumer Issues
Topic: Tattoo Costs and Removal
Replies: 39
Views: 3672

Re: Tattoo Costs and Removal

Henna tattoo, removal is free.
by zaboomafoozarg
Mon Oct 10, 2016 1:06 pm
Forum: Personal Consumer Issues
Topic: Unplugging Treadmill after every use
Replies: 21
Views: 2012

Re: Unplugging Treadmill after every use

It is probably because some treadmills do not often handle power surges well. My last treadmill was fried by a power outage that didn't damage anything else in the house. And of course the treadmill warranty had just expired, and they wanted about 75% of the cost of the treadmill to fix it. So I jus...
by zaboomafoozarg
Mon Oct 10, 2016 8:16 am
Forum: Investing - Theory, News & General
Topic: mega backdoor Roth
Replies: 8
Views: 1493

Re: mega backdoor Roth

This is fantastic and not confusing at all, thank you sooo much for all that info. I have been reading all the old mega backdoor Roth posts, but have yet to find this exact info, and this is what I really was looking for. Thanks again for the very detailed post, it helps! Agreed, it is very helpful...
by zaboomafoozarg
Sun Oct 09, 2016 11:07 pm
Forum: Personal Consumer Issues
Topic: Luxury Cars - Am I missing out on creature comforts by not driving one?
Replies: 92
Views: 7432

Re: Luxury Cars - Am I missing out on creature comforts by not driving one?

Same here. My son's on a travel baseball team with players from some rural areas and it's sometimes uncomfortable pulling up to practice in a car that cost more than their houses. But this is America, so I've always said if you only have yourself to blame if you're not making a lot of money. Hopefu...
by zaboomafoozarg
Sun Oct 09, 2016 10:58 pm
Forum: Personal Consumer Issues
Topic: Luxury Cars - Am I missing out on creature comforts by not driving one?
Replies: 92
Views: 7432

Re: Luxury Cars - Am I missing out on creature comforts by not driving one?

You don't need to buy a luxury brand to get a pretty luxurious car. I rented a Toyota Avalon and was blown away at how nice the ride and interior were.
by zaboomafoozarg
Sat Oct 08, 2016 9:54 pm
Forum: Investing - Theory, News & General
Topic: How To Retire Comfortably With Just $500,000
Replies: 44
Views: 9464

Re: How To Retire Comfortably With Just $500,000

$500k is way more than any relatives of mine have ever retired with.

Of course they have typically held very high bond allocations - real bonds, not dividend stocks.

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