Search found 54 matches

by Derpalator
Sat Feb 27, 2021 5:54 am
Forum: Investing - Theory, News & General
Topic: Thanks to the Bogleheads, I am now (barely) FI
Replies: 25
Views: 4449

Re: Thanks to the Bogleheads, I am now (barely) FI

"I read about investing for the first time. Before this, I didn't really know it was a thing. I didn't know stocks have positive returns over time. I didn't know bonds are a thing. I thought retirement was something you got from the government, and being financially independent would mean being...
by Derpalator
Sun Feb 21, 2021 5:59 am
Forum: Investing - Theory, News & General
Topic: What's Wrong with Annuities?
Replies: 150
Views: 9640

Re: What's Wrong with Annuities?

I'm glad you convinced me to compare plans, thank you. How can the employer plan be so much better? it boils down to the fact that they are able to use an artificially high set of interest rates calculating the lump sum. i.e. the lump sum is too low. https://www.irs.gov/retirement-plans/minimum-pre...
by Derpalator
Fri Feb 12, 2021 3:24 am
Forum: Personal Consumer Issues
Topic: Help find an unbiased news source...
Replies: 90
Views: 4568

Re: Help find an unbiased news source...

I've been searching around and I don't seem to be able to find a news source that doesn't take a position or have an outright agenda. Media outlets that I formerly felt were truthful have lost my trust for various (probably obvious) reasons. I don't support any major political party but every news ...
by Derpalator
Fri Feb 12, 2021 2:53 am
Forum: Personal Investments
Topic: 18 to 100 percent annual return fund
Replies: 140
Views: 11116

Re: 18 to 100 percent annual return fund

This acquaintance has been telling me that I am missing out on an opportunity of a life time which can lead to early retirement. He has already invested in this. I don't know much about options and he is claiming 18 to more than 100% annual returns with options with his technique with no risk to th...
by Derpalator
Fri Feb 05, 2021 6:18 am
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 450
Views: 29020

Re: The Power of Working Longer

And sadly more than a few people don't live into their late 70s or 80s to really gain any benefit from it. I had a friend pass away around 60 last year who fortunately retired around 56 so at least he got a few years of retirement enjoyment. Recently a coworker delayed retirement due to covid (he w...
by Derpalator
Wed Feb 03, 2021 6:44 am
Forum: Investing - Theory, News & General
Topic: Madness of Crowds
Replies: 104
Views: 8245

Re: Madness of Crowds

We’ve never seen the combination of ultra-low risk free interest rates and massive money creation that investors now face. It sure feels like it’s not Grandpa’s market anymore. I have certainly gotten a bit more of a trader’s outlook, and not because of FOMO w.r.t. GME, BTC, or TSLA, but the naggin...
by Derpalator
Tue Jan 26, 2021 6:12 am
Forum: Personal Investments
Topic: 50 year old with 95% equity exposure - might be forced out of job
Replies: 94
Views: 11860

Re: 50 year old with 95% equity exposure - might be forced out of job

Big question, will you have the same ability to ignore the decline in your net worth when you are spending down assets with no wage income? I have never been close to 100% equities at any age so I clearly did not have your risk tolerance. However, now that we are within a few years of retirement, m...
by Derpalator
Tue Jan 26, 2021 6:03 am
Forum: Personal Investments
Topic: What do People on this Forum Expect for Return (Basing on book, Serious Money)
Replies: 46
Views: 4257

Re: What do People on this Forum Expect for Return (Basing on book, Serious Money)

I am glad OP asked this question.This occupies much of my musing currently as retirement is just over the hill, anywhere from tomorrow to six to 12 months (one year being firm). Using willthrill81's and Ben Mathew's ABW/TPAW to calculate withdrawals, I have used anywhere from -1.2 percent to 4.8 per...
by Derpalator
Fri Jan 22, 2021 7:03 am
Forum: Personal Consumer Issues
Topic: Anyone have the new Apple M1 MacBook?
Replies: 28
Views: 2867

Re: Anyone have the new Apple M1 MacBook?

To answer your other question, I use ‘Numbers’ (Apple’s spreadsheet) fairly extensively for personal use and it has allowed me to avoid paying for an Excel license. Straightforward, intuitive UI that syncs seamlessly across Apple devices. That said, it is fine, even better for normal consumer usage...
by Derpalator
Fri Jan 22, 2021 6:06 am
Forum: Personal Investments
Topic: So you hit your number. Now what?
Replies: 75
Views: 8470

Re: So you hit your number. Now what?

I started buying bonds when I was within 10 years of retirement. It wasn’t based on hitting my number. But I’m at my number now. And I think about the “need to take risk”; at this point I really don’t need to take a lot of risk. I’m about 60% equities right now. I planned to hit my number and retir...
by Derpalator
Wed Jan 13, 2021 5:51 am
Forum: Personal Investments
Topic: How to check actual fees?
Replies: 11
Views: 793

Re: How to check actual fees?

About 3 years ago, I read the Common Sense Book of Investing by Jack Bogle, and I've converted to a three fund portfolio since. I use the funds listed in the Wiki (https://www.bogleheads.org/wiki/Three-fund_portfolio). I thought it would be an interested exercise to see what actual fees I paid (and...
by Derpalator
Mon Jan 11, 2021 5:21 am
Forum: Personal Consumer Issues
Topic: Regrets postponing retirement too long?
Replies: 171
Views: 15507

Re: Regrets postponing retirement too long?

One option is to just take more vacations now while you're still working. I assume you have time off during the year. Honestly "take more vacations" is not relevant to 99% of people. I've never met any of these people rumored to be losing vacation days they can't accumulate. Most people g...
by Derpalator
Thu Jan 07, 2021 4:48 am
Forum: Non-US Investing
Topic: Retirement £ mindset
Replies: 26
Views: 3073

Re: Retirement £ mindset

I would like to ask the members of the board whom are completely retired, in particular those without a final salary or gauranteed income,how did you find the psychology of transitioning from accumulating your retirement pot to actually spending it? I am a few years away from retirement but I have ...
by Derpalator
Fri Jan 01, 2021 8:04 am
Forum: Personal Investments
Topic: Fskax tax efficiency
Replies: 9
Views: 809

Re: Fskax tax efficiency

For 2019 FSKAX was more tax efficient than VTI for all taxpayers except those with state income tax rates > 8%. This was because FSKAX had 100% qualified dividends vs. 94.9% for VTI, which more than compensated for the capital gain distributions. I'm not saying this will be a continuing pattern, be...
by Derpalator
Sun Dec 20, 2020 2:39 am
Forum: Personal Finance (Not Investing)
Topic: What is the Worst Financial Decision/Mistake You Have Made?
Replies: 230
Views: 18400

Re: What is the Worst Financial Decision/Mistake You Have Made?

RJ2010 wrote: Sat Dec 19, 2020 9:59 pm But somehow all these years, I tried to search for best funds. My portifolio is not horrible (through savings, they are not in bad shape). But it never beat SP500. Now I surrender :happy
by Derpalator
Tue Dec 01, 2020 6:47 am
Forum: Personal Consumer Issues
Topic: Long time retirees: any regrets?
Replies: 213
Views: 26241

Re: Long time retirees: any regrets?

Thanks, I’ll show this to my wife, she’s in charge of the cats. She’s already said that wet food is better for the cats but I’ll run it past her anyway. Interesting. My vet has said the opposite in that she says wet food is too often made with bad quality meat and fish (waste) while quality dry foo...
by Derpalator
Fri Nov 27, 2020 5:18 am
Forum: Investing - Theory, News & General
Topic: Withdrawal rate for an early retirement
Replies: 428
Views: 25212

Re: Withdrawal rate for an early retirement

For some perspective: When the CFPs at Vanguard Personal Advisory Services conduct a portfolio analysis, they like to see an estimated success rate of 80% or better. And Bernstein states: "But history teaches us that depriving ourselves to boost our 40-year success probability much beyond 80% ...
by Derpalator
Sat Nov 07, 2020 4:43 am
Forum: Investing - Theory, News & General
Topic: Where would you be if you had invested like a Boglehead from the beginning?
Replies: 107
Views: 8074

Re: Where would you be if you had invested like a Boglehead from the beginning?

Oregano wrote: Fri Nov 06, 2020 7:30 pm While I believe in Boglehead investing principals for all y'all, I stopped practicing them in 2007 and my net worth is probably 4x because of it. But that's probably not what you were looking to hear.
So, leverage? Stock picking?
by Derpalator
Sat Oct 24, 2020 4:54 am
Forum: Investing - Theory, News & General
Topic: Did the 4% rule just become the 5% rule? :)
Replies: 156
Views: 19674

Re: Did the 4% rule just become the 5% rule? :)

I always bristle when I hear someone refer to the "4% rule" because I don't interpret it as a rule, I interpret it as a worst case scenario for conservative planning purposes, as explained in the article cited at the beginnig of this thread... He says it was, historically, just the “worst...
by Derpalator
Sun Oct 11, 2020 3:44 am
Forum: Investing - Theory, News & General
Topic: Who here uses a financial advisor?
Replies: 35
Views: 3371

Re: Who here uses a financial advisor?

A lot of us on here, spend a lot of time on this stuff. That’s not typical. To do this well, I think a person need three things. The brains to do it well, the time to do it well, and the interest to do it well. That eliminates a lot of people. I think a lot of people would benefit from a financial ...
by Derpalator
Mon Oct 05, 2020 3:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard is pushing Personal Advisory Services
Replies: 91
Views: 7688

Re: Vanguard is pushing Personal Advisory Services

Investor: Boy, Vanguard customer service is really bad, their platforms are antiquated, and they keep screwing up my cost basis info. I am thinking about switching to Fidelity/Schwab Echo Chamber: Yeah, but those profit making companies are way too expensive. Investor: They have funds that are abou...
by Derpalator
Sat Aug 22, 2020 3:30 am
Forum: Personal Investments
Topic: Real estate continues to soar (great for landlords)
Replies: 71
Views: 6085

Re: Real estate continues to soar (great for landlords)

I just signed a lease renewal yesterday for a 10% drop in rent. Our apartment complex in the last year has gone from 3 month waiting list to 60% occupied. Lots of U-Hauls in the parking lot.
by Derpalator
Tue Aug 18, 2020 1:21 am
Forum: Investing - Theory, News & General
Topic: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time
Replies: 93
Views: 12586

Re: Investors Are Clinging to an Outdated Strategy — At the Worst Possible Time

OP says: "The traditional 60/40 mix of stocks and bonds, commonly portrayed as an optimal portfolio, is supposed to mitigate the effects of this sort of extreme market volatility and deliver returns that pension fund managers can rely on. But the 60/40 mix is an artifact from another time.&quo...
by Derpalator
Mon Aug 03, 2020 4:58 am
Forum: Personal Investments
Topic: Good idea to hold TIPS now?
Replies: 185
Views: 16586

Re: Good idea to hold TIPS now?

Since insurance companies can buy TIPS themselves to hedge against CPI, I'm still baffled as to why no one offers such annuities any more. What about: 1. Lack of demand -- inflation isn't high in the public's mind and the advertised yield would be less to account for inflation risk 2. Insurers pref...
by Derpalator
Sat Aug 01, 2020 3:04 am
Forum: Investing - Theory, News & General
Topic: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!
Replies: 279
Views: 15682

Re: Dr. Wade Pfau is my guest on the "Bogleheads on Investing" podcast!

In my opinion, Dr. Pfau's approach is theoretically sound, but as I pointed out in the interview, there are practical matters that make doing some of these strategies difficult. FWIW my problem is exactly that his approach isn't theoretically sound. Taking care of your needs first and liability mat...
by Derpalator
Tue Jun 30, 2020 4:43 am
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 17413

Re: What is the best financial decision you ever made?

:thumbsup :D
RetiredNewbie wrote: Mon Jun 29, 2020 8:14 am The best financial decision I ever made was to start lurking in this group.
:thumbsup
by Derpalator
Thu Jun 04, 2020 4:25 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating lump sum pension offer
Replies: 67
Views: 3770

Re: Evaluating lump sum pension offer

What are the key factors when evaluating a lump sum pension buyout offer? Are SS taxes usually a big factor? Input the lump sum amount into the immediateannuities.com website and compare the resulting amount with the offered pension. TravelforFun Thanks TravelforFun. My sentiments, exactly. But to ...
by Derpalator
Thu May 28, 2020 4:15 am
Forum: Investing - Theory, News & General
Topic: Swedroe’s Bond Advice - no total bond index
Replies: 195
Views: 17979

Re: Swedroe’s Bond Advice - no total bond index

Saying that anything other than TBM or a LMP approach is bond 'betting' is nonsensical. No. It is the one that makes most sense. There has to be a sound reasoning behind picking a fixed income strategy. TBM is the best if you do not wish to learn more about LMP. I agree that matching duration to yo...
by Derpalator
Sat May 23, 2020 3:45 am
Forum: Personal Investments
Topic: Does larger portfolio make one more or less risk tolerant
Replies: 25
Views: 2146

Re: Does larger portfolio make one more or less risk tolerant

Well, it is the glass half empty or full kind of situation. 1)John D. Rockefeller, an Ohio native, started Standard Oil. Rockefeller was at one point the world’s richest man and first ever American billionaire. Considering he was a billionaire in the early 1900’s he is still considered as the riche...
by Derpalator
Fri May 08, 2020 10:26 am
Forum: Personal Consumer Issues
Topic: iPad.. worth it?
Replies: 49
Views: 3409

Re: iPad.. worth it?

I love my iPad and it is my go to device for email, web browsing and eReading. I do have an Android phone and a Windows PC as well. My first iPad, an iPad 2 that I bought when they first came out in 2011 lasted 6+ years. I replaced that with a first generation iPad Pro 9.7 that’s been fantastic as ...
by Derpalator
Thu Apr 23, 2020 4:37 am
Forum: Personal Finance (Not Investing)
Topic: physician/APC pay cuts
Replies: 133
Views: 10553

Re: physician/APC pay cuts

Do not take a voluntary pay cut. This. This. Yes. As an employed physician myself, I am UNDER CONTRACT for my services. If my employer asks for pay cuts, and they have, I point out that the CONTRACT states the nature of my pay. In my own case, I let them know I was ready to walk away if they broach...
by Derpalator
Fri Apr 10, 2020 5:11 am
Forum: Investing - Theory, News & General
Topic: If you have a sizable portfolio, you don't need an emergency fund
Replies: 260
Views: 32791

Re: If you have a sizable portfolio, you don't need an emergency fund

The same logic can be used to argue that those with more net worth should have a higher stock allocation, because they can afford to lose more without going broke. People get flustered about this idea because it implies you might have to sell stock after a downturn if you ever do need to access cas...
by Derpalator
Fri Apr 10, 2020 4:01 am
Forum: Investing - Theory, News & General
Topic: Investor says Stock Market Gains will only be 2% a year next 20 years
Replies: 110
Views: 10354

Re: Investor says Stock Market Gains will only be 2% a year next 20 years

No one can predict futures returns, especially not for 20 years out. They could be -100% after all stock markets go to zero when SARS-CoV-7 with a 99.9% fatality rate and Ro=100 sweeps through humankind in 2039. Or they could be +40% annualized (S&P500 @ 2.5 million in 2040) as scientists disco...
by Derpalator
Thu Mar 12, 2020 4:32 am
Forum: Investing - Theory, News & General
Topic: Okay, now when you do buy back in?
Replies: 230
Views: 21996

Re: Okay, now when you do buy back in?

Love this thread. Homer was prescient in beginning this discussion. Believing in Boglehead principles alleviates the angst and "sour stomach" but more importantly helps one avoid acting emotionally to the market and stay focused on one's goals while effectively managing risk. Many thanks t...
by Derpalator
Tue Jan 21, 2020 6:27 am
Forum: Investing - Theory, News & General
Topic: indexers buying negative interest bonds
Replies: 46
Views: 5547

Re: indexers buying negative interest bonds

Nope, I don't think so. Since you have vetted Total Bond for us already, my only other bonds/bond funds are 100% US guvmint debt. Frankly, I have zero interest in negative interest rate debt! :D Broken Man 1999 I'll one up you: I have NEGATIVE INTEREST in negative interest bonds! :D :sharebeer
by Derpalator
Thu Dec 05, 2019 6:47 am
Forum: Investing - Theory, News & General
Topic: Optimal asset allocation strategies for retirement & saving
Replies: 45
Views: 14611

Re: Optimal asset allocation strategies for retirement & saving

I think this is an under-explored avenue for retirement planning because most people involved in retirement research don't really have the programming skills necessary to make it happen. If you look at retirement research overall, I mentally classify it into 3 "generations". The first gen...
by Derpalator
Sun Nov 10, 2019 3:22 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 43
Views: 7013

Re: Fidelity - promotion bonus

May or may not be actionable. Recently I had a 403b and a 457b to roll over to Fidelity of about 550k. I had read recently about ETrade's transfer bonus of 2.5k per million. I brought this up to my Fidelity mate and the fact that I had been with them for 20 plus years, had previously transferred ano...
by Derpalator
Fri Sep 27, 2019 5:30 am
Forum: Personal Finance (Not Investing)
Topic: Half of Retirees Afraid to Use Savings
Replies: 111
Views: 13769

Re: Half of Retirees Afraid to Use Savings

I propose an explanation, and a solution: 1. People are either spenders or savers. Few are in the gray area. This is a permanent trait. 2. Spenders are likely to spend all they have, both before and after retirement. 3. Savers are reluctant to spend, both before and after retirement. (This explains...
by Derpalator
Mon Jul 22, 2019 4:08 am
Forum: Personal Finance (Not Investing)
Topic: When family members fight over the check when out to eat
Replies: 103
Views: 8980

Re: When family members fight over the check when out to eat

WingsFan4Life wrote: Sun Jul 21, 2019 8:25 pm I would just let him pay and be happy I'm getting a free meal.
To second that my grandfather told me that when someone else is buying, get the most expensive thing on the menu! 8-)
by Derpalator
Wed Jul 17, 2019 3:58 am
Forum: Personal Investments
Topic: Confused by allocations for Tax Efficiency
Replies: 20
Views: 1907

Re: Confused by allocations for Tax Efficiency

In some way, the Canadian situation is more complex than the US one, because there's is no such thing as a tax-efficient bond, in Canada. In the US, Treasury bonds are exempt from federal taxes , and munies can be exempt from state taxes. With apologies, US treasuries are exempt from state and local...
by Derpalator
Fri Jul 05, 2019 3:17 am
Forum: Non-US Investing
Topic: FIRE to Sweden from Switzerland on 1M euro?
Replies: 24
Views: 3364

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

I would suggest actually holidaying in Sweden - renting a place where you hope to live for a couple of weeks (and not in July ;-)), see how it feels, how it works. Not, in other words, committing whole hog to a return until you are sure that's going to work for you. First we decided not to move bac...
by Derpalator
Thu May 23, 2019 6:00 am
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 8047

Re: Is Tesla Going To Survive?

Opinion is polarized, and the situation is in such flux that I feel reluctance to gauss weber Tesla will survive Musk's having been oersted as chairman. Ohm my god, I hope the bad press doesn't ampere their recovery. Joule regret if if it does. Please stop. I'm shocked to see such revolting posts h...
by Derpalator
Fri Feb 01, 2019 3:59 am
Forum: Investing - Theory, News & General
Topic: FIRECalc, do you accept their assumption?
Replies: 91
Views: 9706

Re: FIRECalc, do you accept their assumption?

Thesaints wrote: Wed Jan 30, 2019 9:32 pm
ginmqi wrote: Wed Jan 30, 2019 9:29 pm Is there way to calculate how long do you have to live after you buy a SPIA to get a "net positive value"?
Yes. You can be sure it is longer than your residual life expectation as per actuarial tables.
Thanks for cutting straight to the core of the query, I chortled.
by Derpalator
Thu Jan 10, 2019 6:39 am
Forum: Investing - Theory, News & General
Topic: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]
Replies: 145
Views: 11563

Re: [Vanguard to stop accepting purchases in Leveraged or Inverse mutual funds]

Congratulations Vanguard! Nice to see what they sell is consistent with doing what is best for the average investor. Now if they could just improve their service... :D
by Derpalator
Thu Nov 22, 2018 5:58 am
Forum: Investing - Theory, News & General
Topic: Better investments than the stock market?
Replies: 24
Views: 4578

Re: Better investments than the stock market?

Gtrkev wrote: Thu Nov 22, 2018 4:38 amBeer...
+1
by Derpalator
Tue Sep 11, 2018 5:20 am
Forum: Investing - Theory, News & General
Topic: Value of Vanguard's Allocation Chart? Putting the present in a larger context? Or ???
Replies: 12
Views: 1544

Re: How close are your 12 month earnings compared to Vanguard's Allocation Chart?

I've been gradually reducing me near 100% equity exposure, currently around 95/5, aiming to get to 90/10. Pretty much entirely in equities, S&P 500 index fund... my past 12 month return exceeded the 'average return' suggested by the chart. I think a more useful comparison would be Sandtrap's re...
by Derpalator
Sun Jul 15, 2018 2:09 am
Forum: Personal Investments
Topic: Spending profile in retirement
Replies: 19
Views: 1939

Re: Spending profile in retirement

I appreciate OP for questioning the first order approximation of spending in retirement as constant per year in real terms. People at ninety simply don't spend the same as those at fifty. During one of my first visits with my "free" Fidelity advisor, she introduced me to the "gogo, sl...
by Derpalator
Fri Jul 13, 2018 3:45 am
Forum: Investing - Theory, News & General
Topic: Bonds in rising interest rate environment
Replies: 12
Views: 1621

Re: Bonds in rising interest rate environment

Expected REAL returns for intermediate bonds should always be low regardless of rising or dropping interest rates. How much does it really matter your expect range is about -2% to 2% real? Pyschological, you feel bad if you're in the negative but in numeric terms, it's a shrug of the shoulders. The...
by Derpalator
Fri Apr 06, 2018 7:02 am
Forum: Personal Finance (Not Investing)
Topic: [Wells Fargo Visa 3% Foreign Exchange fee]
Replies: 58
Views: 3975

Re: WF Visa 3% FX fee

I carry a buffet of credit cards. But I am obsessed with cash back. Ever 3 months I make a "cheat sheet and carry in my wallet. 5% rotating categories on Citi, Chase and Discover) plus AmEx blue cash for groceries (6%) and gas (3% ) really adds up. I use Chase double cash back for everything no...