Search found 345 matches

by warowits
Mon May 21, 2018 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: Pension and Sociai Security Impact on 4% Rule
Replies: 20
Views: 2412

Re: Pension and Sociai Security Impact on 4% Rule

Also you seem to have missed the memo that 2% is rapidly replacing 4% in many people's thinking, although opinions differ. I don't think 2% is rapidly replacing 4% in hardly anyone's thinking. It isn't just a matter for opinion, its got math thrown in there as well. Even with a 0% real return over ...
by warowits
Mon May 14, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7105

Re: Is there a boglehead muscle car?

A Suburu WRX with snow tires.
by warowits
Sun Apr 22, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Lawyers: Career Advice (Urban to Rural?)
Replies: 21
Views: 2099

Re: Lawyers: Career Advice (Urban to Rural?)

Does anyone have any perspective to offer? For the past couple of decades, cities have been all the rage, and I definitely see their appeal. But, I wonder if rural areas are under appreciated, and present an opportunity for geographic/demographic arbitrage. I grew up in a very small town (15k in th...
by warowits
Sun Apr 15, 2018 11:29 am
Forum: Investing - Help with Personal Investments
Topic: 24 years old - Evaluate my finances
Replies: 11
Views: 1406

Re: 24 years old - Evaluate my finances

Sock away all you can now, but you obviously will have a significant change in circumstances soon. More definative planning can be done once your path becomes clearer. Just make sure you always put away at least 15% for retirement even after you move out and your expenses go way up. Also do not take...
by warowits
Sun Apr 15, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Need Help to FIRE in Thailand
Replies: 28
Views: 3457

Re: Need Help to FIRE in Thailand

You have more than enough to retire in Tailand. If you are ultra conservative, sure you can do it all with a CD ladder. I would consider some amount of market exposure though, at least 25%. You could dollar cost average that in if you like.
by warowits
Fri Apr 13, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 5517

Re: Alternative website for those in lower tax brackets?

Incidentally, I posted a far smaller milestone somewhat tongue-in-cheek in that thread, but I aspire to save a two comma retirement nest egg on my middle income salary, and be able to share when I reach it. This is the template some people are looking for. What can reasonably be achieved on median ...
by warowits
Fri Apr 13, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12289

Re: Work Commute: How far is too far?

I hate commutes. If you work 40 hrs a week, sleep 8 hours a night and eat 3 meals a day, even assuming no other chores (or kids), you get maybe 4-5 hours a day to yourself during the week, then you subtract your commute. A 70 minute commute each way means you are giving up ~50% of all your weekday f...
by warowits
Tue Apr 10, 2018 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Alternative website for those in lower tax brackets?
Replies: 59
Views: 5517

Re: Alternative website for those in lower tax brackets?

This is true of many investment sites. For instance, when comparing the after-tax return of mutual funds, often the figures are given are only for those in the higher brackets. ... I am not looking for info on how to get out of debt, stay out of debt, etc. Just investment info that is a little more...
by warowits
Tue Mar 27, 2018 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Another Whole Life Question
Replies: 23
Views: 1843

Re: Another Whole Life Question

<t>Doesn't your 529s have restrictions that whole life Cash value wouldn't? Who's the policy through? If you earn 5-6 percent a yr without risk in market I think that's pretty good. Maybe Dividends aren't guarenteed but with the right company, who has been paying them for a very long time it might ...
by warowits
Sat Mar 24, 2018 12:30 am
Forum: Investing - Help with Personal Investments
Topic: Retirement - 401K/IRA or Life Insurance ?
Replies: 16
Views: 773

Re: Retirement - 401K/IRA or Life Insurance ?

jpsc wrote:
Sat Mar 24, 2018 12:11 am


I'm not looking for an investment, at retirement, it is guaranty income for the next 20 years that interest me. What will warranty something like that?
SPIAs. Single premium immediate annuity.
by warowits
Tue Mar 20, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Repayment
Replies: 31
Views: 2553

Re: Student Loan Repayment

Nothing like having people tell you you spend too much and can live on a third of what you are living on. It's easy when you make $180k and live in a LCOL area, have family to watch your kid(s), can drive your beater to the aldi for groceries, and can eat out for $8 a person. If you live in a HCOL ...
by warowits
Thu Mar 15, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 269
Views: 33769

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I googled oil smell in gas. There were a massive number of results, and the 2017+ CRV wasn't in the top results even when searching specifically for "CRV oil smells like gas". There were a very large number of complaints about the prior generation nonturbo having this exact same problem, including a...
by warowits
Thu Mar 15, 2018 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Why do people always recommend buying cars (not leasing) and renting homes (not buying)?
Replies: 9
Views: 1577

Re: Why do people always recommend buying cars (not leasing) and renting homes (not buying)?

Why do people always recommend buying cars (not leasing) and renting homes (not buying)? Is it mainly due to more dramatic differences in cost and inflexibility/expenses of home ownership? I think that home rental is often suggested for people who are thinking of moving or are otherwise unsettled. ...
by warowits
Thu Mar 01, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: How to Avoid Selling Depreciated Stocks When Retired
Replies: 48
Views: 2492

Re: How to Avoid Selling Depreciated Stocks When Retired

livesoft wrote:
Thu Mar 01, 2018 9:38 am
I read on Bogleheads.org that one doesn't have to sell depreciated stocks as long as one is just spending their dividends.
Now I worry not everyone understands the multiple layers of what you are saying here. :annoyed
by warowits
Mon Feb 26, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Got my plan together! How To Allocate Cash Now?
Replies: 6
Views: 733

Re: Got my plan together! How To Allocate Cash Now?

A year ago, the market had been on a nearly continuous run for the previous year, and minus a few corrections along the way, pretty consistently since the bottom in 2009. On Feb 24, 2017, VTSAX (Vanguard Total Stock Market) was at $59.38. Imagine being there and deciding you wanted to market time a...
by warowits
Mon Feb 26, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: 66 yr old Woman Needs HELP!
Replies: 68
Views: 3843

Re: 66 yr old Woman Needs HELP!

In this case a SPIA seems appropriate with about half of the savings. You don't have to worry about market fluctuations, you know what you're getting and you get a check every month. With this level of anxiety about the stock market it seems right.
by warowits
Sat Feb 24, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12289

Re: How Far is too Far, Commuting?

Designing a life with little commuting should be a high priority for everyone. I am at about 11 minutes one way, and can work from home about 2 days a week. I estimate to go to an hour each way commute I would need a $20,000 raise just to break even in terms of cost/time lost. For me to actually acc...
by warowits
Sat Feb 24, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Investors Should Worry About
Replies: 118
Views: 10637

Re: Larry Swedroe: What Investors Should Worry About

I'm currently investing with Lending Club and have been since 2013. To date, my net returns have averaged close to 8% with little volatility. ... Frankly, if it weren't for the platform risk, I'd invest considerably more than I do in P2P notes (they are currently less than 4% of my portfolio) becau...
by warowits
Fri Feb 23, 2018 10:46 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: What Investors Should Worry About
Replies: 118
Views: 10637

Re: Larry Swedroe: What Investors Should Worry About

willthrill81 wrote:
Fri Feb 23, 2018 11:08 am
I just invest in P2P notes directly myself. It's easy to invest in hundreds or thousands of notes, giving you plenty of diversification.
I would be interested where you are doing this, and if it is a retirement account or taxable.
by warowits
Fri Feb 23, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Paying more taxes to fund a Roth?
Replies: 7
Views: 874

Re: Paying more taxes to fund a Roth?

I would assume that you would not want to pay taxes on the money (that you otherwise wouldn't have to) just to put it in a Roth. I would put it in a taxable account. How are you losing money at your business but still have money to invest? How will this affect your social security if you have severa...
by warowits
Fri Feb 23, 2018 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Investing Inheritance
Replies: 17
Views: 2095

Re: Help with Investing Inheritance

There is a lot to digest here. My initial thoughts are you are over valuing high dividend paying stocks, but lots of people do. Are you in individual securities or are you in a mutual fund or etf which emphasizes dividends? Just because you like dividends doesn't mean you can't index. You also menti...
by warowits
Fri Feb 23, 2018 5:27 pm
Forum: Investing - Theory, News & General
Topic: Is there any flaw in this short-term tactic?
Replies: 9
Views: 684

Re: Is there any flaw in this short-term tactic?

(I am using Yahoo and Alibaba as generic company examples, not specifically to refer to those companies.) Suppose Yahoo owns 10% of Alibaba. Alibaba goes public. The market cap of Alibaba indicates that this chunk of Alibaba is valued at $12 billion dollars. The market cap of Yahoo is $12 billion. ...
by warowits
Fri Feb 16, 2018 10:53 pm
Forum: Personal Consumer Issues
Topic: How to cancel TV and not Internet w/ Spectrum Time Warner
Replies: 18
Views: 1598

Re: How to cancel TV and not Internet w/ Spectrum Time Warner

Any tips for cutting to the chase with them and not letting them drag things on the phone with me if I decide to call back to cancel cable? Tell them you have already signed a contract with another provider. No point in arguing with you anymore. I signed up for satellite tv and called spectrum to j...
by warowits
Fri Feb 16, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Share your favorite excel speadsheet
Replies: 7
Views: 1452

Re: Share your favorite excel speadsheet

Retirement Financial Planner- What this allows you to do, once you make it show you the calculations tab (hidden by default) is see easily what the effect of working one more year is, or waiting to 70 to take SS. It also helps when you will have uneven yearly contributions, say $12,000 a year until ...
by warowits
Thu Feb 15, 2018 3:18 am
Forum: Investing - Help with Personal Investments
Topic: Just added Total Int'l Stock; add Total Int'l Bond too?
Replies: 25
Views: 2094

Re: Just added Total Int'l Stock; add Total Int'l Bond too?

A perfchart of BND and BNDX is instructive. Not what their yields would suggest.
by warowits
Wed Feb 14, 2018 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Trad IRA or Roth IRA
Replies: 11
Views: 1004

Re: Trad IRA or Roth IRA

linguista57 wrote:
Wed Feb 14, 2018 7:27 pm


What does RMD mean?
Required Minimum Distributions
by warowits
Sat Feb 10, 2018 1:06 pm
Forum: Investing - Theory, News & General
Topic: Funds without dividends
Replies: 17
Views: 1398

Re: Funds without dividends

You could obtain the list of stocks in your favorite index, sort by dividend yield, and remove anything greater than 0. Then buy those. You can use one of the platforms that allows you to trade a basket in one step, like M1 or Motif, or you could use one of the perpetual free trade brokers like Mer...
by warowits
Wed Feb 07, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 105
Views: 13252

Re: Am I saving too much for retirment?

Maybe you can answer this because I can't get a clear answer to this for a while now. When they say salary, does that mean my starting salary at the beginning of my career, the salary I have right now, or the salary that end up with at the end of my career? That part always confuse me. It means you...
by warowits
Mon Feb 05, 2018 10:46 am
Forum: Investing - Theory, News & General
Topic: Being a Disciplined Investor - How do you avoid temptations?
Replies: 41
Views: 2892

Re: Being a Disciplined Investor - How do you avoid temptations?

When I first started investing I bought a local utility that many of my family and their friends own or had owned at some point over the years. I followed the stock price every week and connected the movements to news articles I would read about the company. It made me feel like I was well informed....
by warowits
Fri Feb 02, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 8327

Re: What advice would you give yourself if you were 27 again?

comspe09 wrote:
Thu Feb 01, 2018 3:10 pm
  • A short-term goal of mine (next 5-10 yrs) is to purchase a vacation condo in the Rocky Mountains that I could also use as a stream of income (Air BnB, VBRO, etc.).
Don't buy this condo...
by warowits
Sat Jan 27, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Understanding the impact of buying a larger house
Replies: 8
Views: 1059

Re: Understanding the impact of buying a larger house

You make 500k a year and live in a tiny house in what sounds like a rough neighborhood. Don't over analyze it, just move.
by warowits
Thu Jan 25, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: S&P 500 PE ratio discrepency
Replies: 7
Views: 731

S&P 500 PE ratio discrepency

If you google SP500 pe ratio first hit is multpl.com which lists the sp500 pe ratio based on 12 month trailing as reported earnings. Right now it shows 26.52. http://www.multpl.com/ But when I go to Vanguard and look at VOO (Vanguard SP500 etf) they list the PE of that fund at 23.2, using 12 month t...
by warowits
Mon Jan 22, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9493

Re: The Power of Working Longer

I don't necessarily like the methodology here, for the reasons already stated by other posters, but the reasoning is sound. I have a spreadsheet where I can put in my expected returns and contributions and whatnot and then I just adjust the age I retire and the age I want to start SS. I feel like I ...
by warowits
Fri Jan 12, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: Youtube/Netflix/Browser in Car Dash
Replies: 14
Views: 1096

Re: Youtube/Netflix/Browser in Car Dash

Rupert wrote:
Wed Jan 10, 2018 12:42 pm
half of all people out there in the world have below average IQ
I know math is on your side here, but sometimes it feels like more than half...
by warowits
Fri Jan 12, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: 4% Withdrawal vs Yield as Income
Replies: 41
Views: 2499

Re: 4% Withdrawal vs Yield as Income

:annoyed Dividends aren't magic. They cost the companies you own money, and make those companies worth less. If they didn't pay them to you, your shares would be worth more. You can make your own 'Dividends' by selling some of your shares. Spending dividends instead of reinvesting them hurts future ...
by warowits
Tue Jan 09, 2018 3:33 am
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '4% rule' - Where are they now?
Replies: 363
Views: 40900

Re: Year 2000 retirees using the '4% rule' - Where are they now?

SPIAs can indeed be useful options. I always assumed this was true, that a SPIA would be a great option. However, when I go to immediate annuities and price one out it seems like a CD/Tips ladder makes more sense. With current annuity rates, on average you will get back about what you paid in, befo...
by warowits
Mon Jan 08, 2018 11:50 pm
Forum: Personal Consumer Issues
Topic: Car recommendations needed for growing family
Replies: 34
Views: 2394

Re: Car recommendations needed for growing family

strafe wrote:
Mon Jan 08, 2018 6:05 am

2. Volkswagen GTI for the fun car
+1. Hard to beat a GTI for fun car that can hold 2 car seats comfortably.
by warowits
Mon Jan 08, 2018 12:56 pm
Forum: Investing - Theory, News & General
Topic: Living on Dividends and Interest
Replies: 58
Views: 8166

Re: Living on Dividends and Interest

For this exercise, consuming capital by selling shares/individual bonds/cd's would be prohibited. Dividends, if not reinvested, consume capital. Nothing wrong with living off them, just don't make the mental mistake of thinking it is any safer than someone else with a similarly low withdrawal rate.
by warowits
Fri Jan 05, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: M1 Finance
Replies: 11
Views: 1512

Re: M1 Finance

M1 Finance is a member of SPIC so your funds/ETF will be insured by $500,000 in case the company goes under. The issue with M1 Finance is that they need to make money somehow. There's no guarantee that they will be free forever. Betterment increased the fee from 0.15% to 0.25%. If you have a taxabl...
by warowits
Fri Jan 05, 2018 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: M1 Finance
Replies: 11
Views: 1512

M1 Finance

So I recently read some posts about M1 Finance on here and went to check them out. It looks like everything I could want from a broker. No trading fees, , no AUM fees, easy re-balancing, fractional share purchases for when you get started. Their Pie system makes things like tilts incredibly easy, es...
by warowits
Thu Jan 04, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: Diversification: Is there any way to produce the same returns with less risk?
Replies: 52
Views: 5654

Re: Diversification: Is there any way to produce the same returns with less risk?

Now we don’t eat expected returns, we don’t even eat average annual returns. We eat the compounded geometric returns of our portfolios. Volatility acts as a drag on compounded portfolio returns. The geometric return is always less than the average annual return because of volatility. Dave I am just...
by warowits
Sun Dec 24, 2017 12:49 am
Forum: Personal Finance (Not Investing)
Topic: car thread- too much money?
Replies: 85
Views: 7519

Re: car thread- too much money?

DorothyB wrote:
Sat Dec 23, 2017 10:05 pm
Why not save and pay cash for the vehicles? Any maybe look for last year's model with less than 10K miles if you want safety & reliability
This is something I always think should work, but in practice it seems cheaper to buy a new one, especially with Japanese cars.
by warowits
Fri Dec 15, 2017 12:15 pm
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 9043

Re: New Honda CRV is MotorTrend's SUV of the year

The problem is that Honda seems to know that it is a good car, so it is hard to get a good deal on it. I'll take an okay deal on a good car over a good deal on a bad car any day. The problem is almost none of them are bad. Many are just slightly less efficient than the crv in some way, but 3k cheap...
by warowits
Fri Dec 15, 2017 11:15 am
Forum: Personal Consumer Issues
Topic: New Honda CRV is MotorTrend's SUV of the year
Replies: 87
Views: 9043

Re: New Honda CRV is MotorTrend's SUV of the year

The problem is that Honda seems to know that it is a good car, so it is hard to get a good deal on it.
by warowits
Fri Dec 15, 2017 10:53 am
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 19282

Re: Buying Real Silver and Gold (Not Bitcoin)

grayfox wrote:
Fri Dec 15, 2017 10:23 am
These are works of art for under $20. Plus they are Legal Tender. Real Money.
They are neat, I have one I was given for graduation. I still fail to see the appeal it holds on people.
by warowits
Tue Nov 21, 2017 12:24 am
Forum: Investing - Theory, News & General
Topic: "Got $1 million to retire? Here’s how long it will last, by U.S. state"
Replies: 54
Views: 14448

Re: "Got $1 million to retire? Here’s how long it will last, by U.S. state"

Just don't read the comments. Makes me appreciate our moderators.
by warowits
Wed Nov 15, 2017 1:16 pm
Forum: Investing - Theory, News & General
Topic: Should you own only non-U.S. stocks?
Replies: 63
Views: 7273

Re: Should you own only non-U.S. stocks?

I just think it is foolish to say that valuations don't matter, they clearly do. None of this is exact, we can sustain high stock returns if P/E ratios keep expanding. But they won't keep expanding into infinity. At some point, there will be a reversion to the mean. At some point if this keeps us, ...
by warowits
Fri Oct 27, 2017 7:28 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 9093

Re: Can I retire today?

Why would you quit now and make your boss's life easier? I would just smile and say no to him/her whenever something needs to be done. An employee who doesn't need the money and just continues to come to work to make his bosses life miserable. Its a decent premise for a sitcom. The numbers look fin...
by warowits
Tue Oct 24, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Payoff Student Loans or Save?
Replies: 13
Views: 1437

Re: Payoff Student Loans or Save?

Hi, I have $140K in student loans at 5.25%. I expect to have some free cash flow in the next couple of years, and am trying to decide whether to pay off the debt or save and invest. Investments are with an RIA right now, and current bull market not withstanding I expect to get consistently average ...