Search found 630 matches

by aj76er
Wed Jan 23, 2019 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Need Advice - quit 6-figure job to do coding school?
Replies: 66
Views: 3892

Re: Need Advice - quit 6-figure job to do coding school?

Many (but not all) software dev jobs can feel like working on an assembly line. Daily standup meetings, never ending product cycles (sprints), and very tight deadlines. Make sure you know what you are getting into. You have to *really* love coding and/or the product to not get burned out. And then t...
by aj76er
Wed Jan 16, 2019 11:32 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 853
Views: 45318

Re: John Bogle has died at age 89

Thank you, Mr. Bogle. Thank you, thank you, thank you a million times over. You've done more for the average investor than anyone. Ever. You will be missed. R.I.P.
by aj76er
Tue Jan 15, 2019 1:12 pm
Forum: Investing - Theory, News & General
Topic: Further diversifying the 60/40 portfoilio?
Replies: 29
Views: 3426

Re: Further diversifying the 60/40 portfoilio?

small cap international has shown to have low correlation with U.S. equities. ETF ticker VSS is a good choice. Note that correlations can be fickle between asset classes. It's hard to say if one is observing random movements or opposing forces or a combination of the two. It also takes some active r...
by aj76er
Thu Jan 10, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Unlimited 2% Cash back
Replies: 38
Views: 2387

Re: Fidelity Unlimited 2% Cash back

0% APR for 12 months on purchases is the real deal on this card. You get 2% back as rewards, pay the minimum balance and then keep the rest in a high yield savings account, which gives you another 2% in the form of an interest free loan. So 4% cash back total. :oops: :annoyed :confused Are you cons...
by aj76er
Tue Jan 08, 2019 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: Are we at "Peak FI"?
Replies: 93
Views: 9896

Re: Are we at "Peak FI"?

I don't think we are at "Peak FI". In order for a normal person to achieve FI (without inheritance or winning the lottery), one will have to have a good job (paying more than $100k), work at least 10yrs or more, and maintain a very high savings rate (>50%). That takes extreme dedication, persistence...
by aj76er
Tue Jan 08, 2019 11:31 am
Forum: Investing - Help with Personal Investments
Topic: What to do with house equity when selling but not ready to purchase another home?
Replies: 6
Views: 754

Re: What to do with house equity when selling but not ready to purchase another home?

Nice to see other folks thinking about this. I have historically been a long-time renter. For the first 10yrs of my career ('05 - '15), I had a large amount of cash saved for the "what-if" scenario of buying a house. It was a huge opportunity cost (i.e. I should have dumped it all into the market in...
by aj76er
Tue Jan 08, 2019 11:09 am
Forum: Investing - Help with Personal Investments
Topic: How to calculate how much to contribute to 401k to reach the maximum limit by years end?
Replies: 11
Views: 675

Re: How to calculate how much to contribute to 401k to reach the maximum limit by years end?

^^^ this

with raises throughout the year you may max out on your second to last paycheck; or your last contribution (on last paycheck) may be smaller. This is generally what happens to me.
by aj76er
Mon Jan 07, 2019 2:12 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7434

Re: Safe withdrawal rate at 38 years old

Look up the VPW spreadsheet and tables on the wiki and plug in your numbers. Even with pessimistic future returns and high personal longevity numbers, I think you'll see that the SWR is more likely between 3% - 3.5%. Note that with SWR above 3%, some years you'll be dipping a teeny bit into principl...
by aj76er
Sun Jan 06, 2019 7:27 pm
Forum: Personal Consumer Issues
Topic: Bedding (sheets) recommendations - having terrible experience finding quality sheets
Replies: 35
Views: 2322

Re: Bedding (sheets) recommendations - having terrible experience finding quality sheets

I've had very good experience with Brooklyn Bedding sheets. Incredibly comfortable, sleep cool, and have lasted three plus years for me. Mine are the free sheets that came with their latex mattress back in 2016, so not entirely sure if they still sell them, but it's worth looking into. I plan to buy...
by aj76er
Sun Jan 06, 2019 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 145
Views: 14576

Re: Retirement itch- when did you get it?

Got the itch at 38. A horrible boss and a long commute we're the catalysts. I'm 42 now and have vowed to be done by 45 with whatever I have saved. My first attempt at FIRE was dumping my savings into real estate and trying to live within the rental income. Being a landlord was quite stressful and I ...
by aj76er
Fri Jan 04, 2019 3:38 pm
Forum: Investing - Theory, News & General
Topic: US Stock Market Returns in the 21st Century
Replies: 92
Views: 4383

Re: US Stock Market Returns in the 21st Century

You are cherry picking. A better way to compare the two asset classes: What was the best rolling 19yr return for U.S. S&P 500? What was the worst rolling 19yr return for U.S. S&P 500? What was the average distribution for rolling 19yr return for U.S. S&P 500? What was the best rolling 19yr return fo...
by aj76er
Thu Jan 03, 2019 11:28 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790326

Re: U.S. stocks in free fall

Sucks for everyone who funded and invested their Roth IRAs yesterday. No big deal so far. You are down a whopping $50 or so if you contributed $6,000 yesterday. Exactly. If you're betting on a huge return overnight, go to a casino, don't invest in mutual funds. Besides, yesterday they called for Do...
by aj76er
Wed Jan 02, 2019 7:32 pm
Forum: Personal Consumer Issues
Topic: First (consumer!) purchase of 2019 and purchase recordkeeping
Replies: 32
Views: 2203

Re: First (consumer!) purchase of 2019 and purchase recordkeeping

I use a Google spreadsheet and manually enter expenses throughout the year (categories in rows, and months in columns). I like the ability to fine-tune categories and sort everything to see where I need to optimize. Eventually I would like to make it more automated, but I realize this will probably ...
by aj76er
Tue Jan 01, 2019 7:43 pm
Forum: Investing - Theory, News & General
Topic: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?
Replies: 159
Views: 7753

Re: Will you contribute the max to your IRA and then invest it all in equities for the first market day of the new year?

Roth contribution will be sometime in the first week, via backdoor. Also, maxing out my contributions to HSA with first paycheck (on 1/15). Finally, I'll be maxing out 2019's I-Bonds contributions at the end of January. In December, I opened a 0% APY credit card so I could cash flow my expenses and ...
by aj76er
Tue Jan 01, 2019 7:19 pm
Forum: Personal Consumer Issues
Topic: Uber/Lyft where do you sit?
Replies: 42
Views: 3980

Re: Uber/Lyft where do you sit?

Back, passenger side. Probably a carryover from taking cabs.
by aj76er
Sat Dec 29, 2018 5:52 pm
Forum: Investing - Theory, News & General
Topic: Keep Calm and Boglehead On!
Replies: 36
Views: 5486

Re: Keep Calm and Boglehead On!

How many threads, posts, comments do we need about the legend of the Nikkei? if you prefer looking at the US market, then according to Shiller's data the S&P peaked at 31.3 in September of 1929. 10 years later it was at 12.8- i.e. still down 60% after 10 years. http://www.econ.yale.edu/~shiller/dat...
by aj76er
Sat Dec 29, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: Do you have a fun finance-related hobby?
Replies: 50
Views: 6052

Re: Do you have a fun finance-related hobby?

Some ideas: * Write a finance-related blog and make some ad revenue * Contribute to improving the Simba spreadsheet (better data mining and re-construction; alternate views of the data; etc...) * Contribute to the Bogleheads Wiki * Volunteer to start and/or lead the local Bogleheads meetup in your a...
by aj76er
Fri Dec 28, 2018 9:19 pm
Forum: Investing - Theory, News & General
Topic: What have you learned this year
Replies: 90
Views: 6886

Re: What have you learned this year

That living way below my means (yet still living well) while also living in an owned (payed-off) residence brings great psychological comfort.
by aj76er
Fri Dec 28, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be renting forever?
Replies: 44
Views: 3134

Re: Will I be renting forever?

Have any of you rented for a really long time, like decades? I rented until I was 41 years old, and then moved into a very small condo that I now own. I saved and invested for many years (overflowing into a taxable account), and I used equity capital gains (and some cash) from that account toward t...
by aj76er
Fri Dec 28, 2018 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: What are some disadvantages to TLH?
Replies: 51
Views: 2648

Re: What are some disadvantages to TLH?

* Extra complexity due to more holdings (if not able to exchange out of an entire position) * Potentially having to hold funds that may be less complete (e.g. Total Market ---> Large Cap, so missing out on small caps) * Potentially having to hold funds with slightly higher E/R, lower AUM (which resu...
by aj76er
Fri Dec 28, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: How often does VTWSX, or "world cap" ratio update?
Replies: 12
Views: 711

Re: How often does VTWSX, or "world cap" ratio update?

If you lookup "VT" at Vanguard's website and click on the portfolio tab, then you'll see the country breakdown in a table near the bottom. The first row is U.S., and you can take one minus that to get xU.S. Here is the link: https://investor.vanguard.com/etf/profile/portfolio/vt I believe the table ...
by aj76er
Thu Dec 27, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: Will I be renting forever?
Replies: 44
Views: 3134

Re: Will I be renting forever?

It might help to quantify the cost of ownership vs. renting. The cost of renting is easy: Cost of renting = (12 x monthly rent) + (renters insurance) The cost of home ownership is a little trickier, which is why a lot of people just assume owning a house is always better and don't bother to dig deep...
by aj76er
Wed Dec 26, 2018 10:16 pm
Forum: Investing - Theory, News & General
Topic: 100% stocks vs 80% just to rebalance? (Edit: Inside retirement accounts)
Replies: 24
Views: 2510

Re: 100% stocks vs 80% just to rebalance?

Lots of places to find this information, but even 40% bonds beat stocks over the period from 2000 to just a few years ago...oh wait, it's back ahead again as of Monday. So that's about 19 years with 100% stock losing to 60/40. http://i.imgur.com/xXFP6v1.png Which website is this from? Does it assum...
by aj76er
Tue Dec 25, 2018 3:16 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790326

Re: U.S. stocks in free fall

Wahoo! I just TLH’d again! Thanks for the vast universe of TLH partners, Vanguard! I am about to add the European and Pacific Index Funds to my set of partners, starting to have to go deep..... With commission free ETFs, I can go VTI - ITOT - SPTM - SCHB - VOO - SPY - virtually forevermore. I'm pre...
by aj76er
Thu Dec 20, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790326

Re: U.S. stocks in free fall

You are also assuming a lot with an 18 month recovery time (if a recovery actually occurs). If a recovery doesn't occur eventually, then we're all hosed. :D Historically, most market recoveries have taken fewer than 18 months. But I don't really care. No, not all of us are hosed. If we are diversif...
by aj76er
Thu Dec 20, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790326

Re: U.S. stocks in free fall

Why do so many folks measure their portfolio value change in terms of years of salary? It seems to be both non-actionable and stress-inducing. Thus, why bother? I could maybe understand viewing portfolio value changes it in terms of living expenses; but even then one shouldn't be relying on equity g...
by aj76er
Wed Dec 19, 2018 5:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790326

Re: U.S. stocks in free fall

Here's some perspective: when this massive thread started, on 8/8/11, the Vanguard Total Stock Market ETF (VTI) was ~$60 per share.
Today, the same VTI is at ~$128 per share.
And that's just price (not including dividends along the way).
by aj76er
Wed Dec 19, 2018 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 380
Views: 52449

Re: Fidelity free Turbotax

Offer I get has three options: 1. $20 off TurboTax, either download or online version 2. $25 off H&R Block online 3. $30 off Tax Act online First year receiving the offer I see the same offer in my account (I'm not a private client) I have the same offer. Went ahead and used it (for download versio...
by aj76er
Sun Dec 09, 2018 7:42 pm
Forum: Investing - Help with Personal Investments
Topic: ITOT $60, VTI $134 [iShares Total US vs. Vanguard Total Market]
Replies: 16
Views: 1363

Re: ITOT $60, VTI $134 [iShares Total US vs. Vanguard Total Market]

According to triceratop's spreadsheet, there is a big tax efficiency difference is between the total international stock market funds, IXUS and VXUS. In a taxable account, I think it makes sense to go with IXUS. From what I can tell, VTI and ITOT are nearly identical in terms of tax efficiency and a...
by aj76er
Sat Dec 08, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Guitar Players -CAGED system
Replies: 22
Views: 2251

Re: Guitar Players -CAGED system

The CAGED system is great for visualization of the fret board. I mostly use it as a reference (or framework) for playing solos anywhere on the guitar neck. For example, it gives you good "landing spots". Also, it's good for 2 and 3 note chords up and down the neck. For example, the G/B/E strings of ...
by aj76er
Fri Dec 07, 2018 12:33 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Understanding TIPS
Replies: 36
Views: 3505

Re: Larry Swedroe: Understanding TIPS

I think the liquidity risk of TIPS goes understated (refer to 2008, when it showed up at exactly the wrong time). Of course, there is a premium to be payed for the liquidity of nominal treasuries (as Swedroe points out). I think finding a balance between nominals and inflation-linked bonds is a pers...
by aj76er
Thu Dec 06, 2018 11:20 pm
Forum: Investing - Theory, News & General
Topic: Who else is getting excited? [about the market]
Replies: 145
Views: 13016

Re: Who else is getting excited? [about the market]

I did a lot of TLH today and rebalanced my portfolio. Not only will it give me a tax break, but my portfolio also got a lot simpler. At the end of it all, I admit to being a little excited.
by aj76er
Thu Dec 06, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790326

Re: U.S. stocks in freefall

Well, I've been waffling about doing TLH this year (and just leaving things alone), but today Mr. Market made an offer too good to refuse :) I was able to exchange my entire VXUS position for IXUS (Total International Market). Furthermore, I TLH'd an entire year of VTI (Total US Market) contribution...
by aj76er
Mon Dec 03, 2018 10:12 pm
Forum: Investing - Theory, News & General
Topic: Bogle Sounds a Warning on Index Funds
Replies: 103
Views: 19174

Re: Bogle Sounds a Warning on Index Funds

This could be solved by having every owner of an index fund take a questionnaire that would train an algorithm to vote how the investor prefers. Then voting preferences could be applied per each investor automatically. Every year the questionnaire could be retaken to capture improvements in both tec...
by aj76er
Tue Nov 27, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 220
Views: 14352

Re: What is your allocation to U.S. and International?

The problem with 50/50 is the same problem as 60/40 and 70/30. They all depend on reversion to some sort of mean. Look at the US proportion from 1900. It was around 15% of the world markets. If you then decided then 15:85 was the "correct" long term ratio and rebalanced it back to that each year, y...
by aj76er
Thu Nov 22, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10165
Views: 1790326

Re: U.S. stocks in freefall

For most of us, if you don't have to play the risk game we're better off to minimize what we invest in stocks. But we humans like the risk game and the prospect of winning, don't we? Casinos and lotteries shouldn't exist if we were rational, but we see that they take in untold billions. If you want...
by aj76er
Tue Nov 20, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: The psychology of withdrawing from your portfolio
Replies: 58
Views: 5966

Re: The psychology of withdrawing from your portfolio

I'm still working and in accumulation phase, but in order to mentally prepare for eventual retirement, I have 100% of my (post-tax) paycheck deposited directly into my taxable brokerage account. About once per month, I log-in to my brokerage account and manually move enough money into a checking acc...
by aj76er
Thu Nov 15, 2018 11:59 pm
Forum: Investing - Theory, News & General
Topic: 2 Fund Ports: Everything You NEED?
Replies: 32
Views: 4029

Re: 2 Fund Ports: Everything You NEED?

BND or BNDW is too much duration for a retiree. As a retiree, I like 100% ST TIPS right now, but more generally: IT TIPS/ST corporate or IT TIPS/ST Treasuries. (Even as a worker, I wouldn't own a fund over five years maturity unless it had inflation protection.) It sounds like what you're saying is...
by aj76er
Thu Nov 15, 2018 12:20 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 867
Views: 66231

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

This looks like a really great HSA option. I followed the "do it yourself" link from https://www.fidelity.com/go/hsa/investing-your-hsa, and it appears one can invest in any bond, ETF, or mutual fund available to the normal brokerage account. As such, this is the only account type I know of that has...
by aj76er
Mon Nov 12, 2018 12:20 am
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8314

Re: What's everyone currently in?

Stocks / Bonds: 75 / 25 World Stocks / US Stocks : 67 / 33 The stock split was influenced by the following research: https://finpage.blog/2017/03/18/investing-in-the-world-part-1 https://finpage.blog/2017/03/25/investing-in-the-world-part-2 https://finpage.blog/2017/03/25/investing-in-the-world-part...
by aj76er
Fri Nov 09, 2018 10:11 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman 2 Funds for Life
Replies: 41
Views: 7589

Re: Paul Merriman 2 Funds for Life

SCV has an impressive back tested record. The likely-hood of outperformance of SCV over long time periods is shown to be pretty similar to that of market beta relative to bonds. The one thing I question is that if you go back even 20 years or so, buying a SCV was a radically different thing than it ...
by aj76er
Fri Nov 09, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: Paul Merriman 2 Funds for Life
Replies: 41
Views: 7589

Re: Paul Merriman 2 Funds for Life

Total World is the way to go--or better yet, use the two Vanguard US and int'l total market funds: cheaper and more stocks. You can use the two index fact sheets to determine the last quarter ending market values and then go to Yahoo Historical Data to get the adjusted closing prices for the curren...
by aj76er
Thu Nov 08, 2018 5:04 pm
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 137
Views: 10994

Re: Favorite "free stuff"?

Free air

Much much further down on the priority list:
* CC points and cash back,
* Free local music at venues around town,
* Free info on internet (especially Bogelheads!)
by aj76er
Wed Oct 31, 2018 12:21 pm
Forum: Investing - Theory, News & General
Topic: Tax Loss Harvesting from ETF to Mutual Fund
Replies: 18
Views: 1307

Re: Tax Loss Harvesting from ETF to Mutual Fund

You also have a settlement timing issue to consider, since the ETF sale settles T+2 and the MF purchase may settle T+1 (depending on fund and brokerage platform). Options are to use other cash (eg Emergency Fund) to float yourself a 1-day bridge loan, buy a fund that also settles T+2, be out of the...
by aj76er
Thu Oct 25, 2018 10:01 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8932

Re: What's Your Fixed Income Strategy?

Years to retirement or already in retirement?(how many years in?) - 5 to 10 years away from a (hopefully) early retirement. Fixed income allocation as part of total allocation (Equity/Fixed Income) - 75/25 stock/bond Allocation within the the fixed income allocation (Bond funds, CDs, Money Market, e...
by aj76er
Wed Oct 24, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: In retirement, when do you stop withdrawing from stocks in a downturn?
Replies: 141
Views: 9534

Re: When do you stop withdrawing from stocks in a downturn?

Continue taking stock dividends as cash, and if your stock allocation is below your desired percentage then take the remaining withdrawal from bonds as needed. Additionally, you could re-balance into stocks from bonds to bring your asset allocation back to desired percentages. If you are uneasy doin...
by aj76er
Fri Oct 19, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 108108

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I just looked at the price charge for VEU (Total International Vanguard ETF) and in August 2008 before the Financial Crisis kicked in, the ETF traded in the low 48s. Price today: 48.28. That's more than 10 years of earning nothing other than the dividend. Incredible. And the 48 back in 2008 was alr...
by aj76er
Thu Oct 18, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: Tilting One More Step Beyond USA vs non-USA
Replies: 14
Views: 1272

Re: Tilting One More Step Beyond USA vs non-USA

I think a US investor tilting a little bit to BRK in a taxable account could make sense in order to reduce the portfolios overall tax cost. But I would not recommend going all in. Not enough diversification. Up to 10% of port seems okay to me, but not more than that. Just my 2cents
by aj76er
Wed Oct 17, 2018 1:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 556
Views: 60934

Re: U.S. stocks continue to soar!

whodidntante wrote:
Tue Oct 16, 2018 11:55 pm
What... is the air-speed velocity of an unladen swallow?
What do you mean, an African or a European swallow?