Search found 82 matches

by ControlContentment
Wed Jul 05, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Newest Boglehead Millionaire
Replies: 23
Views: 5177

Re: Newest Boglehead Millionaire

nepats wrote:Congrats!! Way to get back up after crashing!
Ty
by ControlContentment
Wed Jul 05, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Newest Boglehead Millionaire
Replies: 23
Views: 5177

Re: Newest Boglehead Millionaire

If you can "scale" to $4K/mo, then you have full FI when your investments reach $1.9M - 2.5% withdrawal rate is a good approximation for a "perpetual portfolio" (i.e. a 60 year withdrawal period). Yup. But I would very much prefer to have more to retire early. To enjoy experienc...
by ControlContentment
Wed Jul 05, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Newest Boglehead Millionaire
Replies: 23
Views: 5177

Re: Newest Boglehead Millionaire

Congrats. A few more tidbits as a millionaire who took a lifetime of working till 61 to achieve what you have. If I made the kind of money you made as a youngster in my 20 and 30s, I often wonder if I would have spent it all every year on new monster cars, nice places to live, nice clothes, nice re...
by ControlContentment
Wed Jul 05, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Newest Boglehead Millionaire
Replies: 23
Views: 5177

Re: Newest Boglehead Millionair

If munis are yielding 3.5%, you'll need approximately $1.2M in munis to pay you $40K tax free each year. With a 15% allocation to munis, you're going to need roughly 8-9M in total assets, you'll either have to increase taxable savings rate and/or hope for continued good fortune in rates of return o...
by ControlContentment
Tue Jul 04, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 242
Views: 53119

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Still wondering about this question about VMMXX: VMMXX prime money account pays dividends at the end of the month. If someone withdraws a majority of their VMMXX account on the 27th or 28th (leaving just the minimum balance), then is that person's dividend payment on the 30th significantly reduced ...
by ControlContentment
Tue Jul 04, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Newest Boglehead Millionaire
Replies: 23
Views: 5177

Re: Newest Boglehead Millionair

Thank you.

Next goal is $1m in investments by 42. Then $2m in investments by 47.
by ControlContentment
Mon Jul 03, 2017 6:22 pm
Forum: Personal Investments
Topic: All Weather Portfolio
Replies: 9
Views: 2758

Re: All Weather Portfolio

Seems the long term bond heavy "all weather portfolio" is advertising based on the backs of one of the longest and biggest bond rallies in history. May not hold true starting from today's rates
by ControlContentment
Mon Jul 03, 2017 6:18 pm
Forum: Personal Investments
Topic: Why Isn't a Taxable Account Considered Part of an Emergency Fund?
Replies: 24
Views: 3159

Re: Why Isn't a Taxable Account Considered Part of an Emergency Fund?

Mine is. I keep most of my bond holdings there (vanguard intermediate muni). My structure: - 1 month in checking - 3 more months in savings or money market (looking for convenient yield, currently cap one 360 money market at 1.1%) - taxable brokerage which is about 50/50 equities and bonds My retire...
by ControlContentment
Mon Jul 03, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: 100% stocks no debt?
Replies: 56
Views: 7530

Re: 100% stocks no debt?

I read someone's post the other day got to thinking about enjoying the benefits of the market while protecting your down side. Hypothetical: Let's say you're relatively young (35), and have a secure job making $4K/month after taxes. Your $350K mortgage is paid off and you have no debts Expenses are...
by ControlContentment
Sun Jun 25, 2017 7:18 am
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 13328

Re: Your Favorite Portfolio Tilts

1/2 of my equities is a low cost beta play with global market cap weighting.

1/2 is a split of US Small Value (DFA) and Intl Small (VSS) to diversify across size, value, ad profitability.

The rest of my portfolio is a mix of total bond, intermediate term mini, cd ladder, and savings account
by ControlContentment
Mon Apr 10, 2017 5:34 pm
Forum: Investing - Theory, News & General
Topic: PA bailing on active management
Replies: 7
Views: 1486

Re: PA bailing on active management

Sorry, I can't give credit. ALL the data has and does still support passive strategies so why have they not done it to this point. In my opinion (which I have said numerous times on this site) more lawsuits from the pensioners on why this has not been doe thus far need to be filed. Folks need to be...
by ControlContentment
Mon Apr 10, 2017 3:41 pm
Forum: Investing - Theory, News & General
Topic: PA bailing on active management
Replies: 7
Views: 1486

PA bailing on active management

Treasurer says he's moving $1 billion to passive investments
http://www.cnbc.com/id/104396004

Must be a boglehead
by ControlContentment
Mon Apr 10, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: The Stages of Retirement Saving
Replies: 55
Views: 13298

Re: The Stages of Retirement Saving

I view things very similarly. Only I have a step between 1 and 2. Phase 1 says that at a given savings rate and reasonable expected return I am on track to retire at 62. My next phase says that at 0 additional savings and a reasonable expected return I am on track to retire at 62 (this is where I am...
by ControlContentment
Thu Apr 06, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: nice short piece on the math of factor investing
Replies: 202
Views: 16565

Re: nice short piece on the math of factor investing

The internet is a funny place. Where else can a single individual, insistent on remaining ignorant of others views, cause a 4 page thread? So 2017
by ControlContentment
Thu Apr 06, 2017 9:56 am
Forum: Personal Finance (Not Investing)
Topic: Career advice in IT
Replies: 99
Views: 10667

Re: Career advice in IT

the industry is moving wholesale away from managing compute infrastructure locally to just putting it all into AWS & Azure. Costs are still way to high for putting it all in the cloud for medium-to-large companies. But costs are dropping. We determined it was 4x as expensive to host everything ...
by ControlContentment
Wed Apr 05, 2017 3:36 pm
Forum: Personal Investments
Topic: Help Understanding Preferred Stock Risk
Replies: 39
Views: 5115

Re: Help Understanding Preferred Stock Risk

My issue with preferred stocks is that the massive and well documented recent investor preference for yield has made anything with a high yield a crowded investment. Also look at a chart of PFF during the market crash. Prefeereds went from $47 to $19. That is NOT a suitable replacement for bonds in...
by ControlContentment
Wed Apr 05, 2017 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Yet Another Mortgage vs Payoff Question
Replies: 7
Views: 1280

Re: Yet Another Mortgage vs Payoff Question

The math is the math. The real question is emotional. But that too you answered by your behavior on the first house. The last question is where you are from an investment perspective relative to your needs. This seems to be in good shape too since your potential savings rate is so high. So you have ...
by ControlContentment
Tue Apr 04, 2017 6:13 am
Forum: Personal Investments
Topic: Help Understanding Preferred Stock Risk
Replies: 39
Views: 5115

Re: Help Understanding Preferred Stock Risk

My issue with preferred stocks is that the massive and well documented recent investor preference for yield has made anything with a high yield a crowded investment. Also look at a chart of PFF during the market crash. Prefeereds went from $47 to $19. That is NOT a suitable replacement for bonds in ...
by ControlContentment
Sun Apr 02, 2017 1:39 pm
Forum: Investing - Theory, News & General
Topic: nice short piece on the math of factor investing
Replies: 202
Views: 16565

Re: nice short piece on the math of factor investing

Separately .... Larry - I think it would be beneficial to have a list of risk factors available to the average investor across asset classes. From my understanding there is: Equity: - beta - value - size - momentum Bond: - credit - term Other: - liquidity (not sure how the average investor accesses ...
by ControlContentment
Sun Apr 02, 2017 1:35 pm
Forum: Investing - Theory, News & General
Topic: nice short piece on the math of factor investing
Replies: 202
Views: 16565

Re: nice short piece on the math of factor investing

The TSM investor may have 5000 stocks, but net exposure to only one factor, market beta. The SV investor may have exposure to 1000 stocks, but he is exposed to 3 separate and independent drivers of returns: market beta, size, value. The TSM holds the same exact stocks that are giving the SV market ...
by ControlContentment
Sun Sep 25, 2016 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Rental property forum
Replies: 8
Views: 1585

Re: Rental property forum

jfn111 wrote:I'll third biggerpockets but beware some of the hype about heavy leverage and being a millionaire in 2 years.
Totally understand. Looking at 50% down on a 5% Cap Rate property in the best school district in the state. It's not a get rich quick scheme. :)
by ControlContentment
Sun Sep 25, 2016 7:10 am
Forum: Personal Finance (Not Investing)
Topic: Rental property forum
Replies: 8
Views: 1585

Rental property forum

I know it's a business, not a passive investment. Is there a bogleheads type community for rental properties?
by ControlContentment
Sun May 01, 2016 7:20 pm
Forum: Personal Consumer Issues
Topic: Any Jeep auto buyers recently
Replies: 10
Views: 1822

Re: Any Jeep auto buyers recently

I have a 2015 Jeep Wrangler Unlimited Sahara. 6-speed. Soft top. Yellow. Most of the year the top is down and doors are off. No reason to buy a Jeep Wrangler if you don't want the open air or the freedom of leaving pavement behind. There are better SUV's for boring driving with roofs, doors, and pav...
by ControlContentment
Sun May 01, 2016 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Sue your employer over 401k
Replies: 26
Views: 4799

Sue your employer over 401k

An interesting trend. Thoughts?

Lousy 401(k) plans may prompt more lawsuits by employees http://www.cnbc.com/id/103510844
http://www.cnbc.com/id/103510844
by ControlContentment
Sat Apr 30, 2016 8:16 pm
Forum: Personal Consumer Issues
Topic: Bogleheads like PC Gaming?
Replies: 40
Views: 5830

Re: Bogleheads like PC Gaming?

Mute works
by ControlContentment
Sat Apr 30, 2016 8:08 pm
Forum: Personal Consumer Issues
Topic: Bogleheads like PC Gaming?
Replies: 40
Views: 5830

Re: Bogleheads like PC Gaming?

League of Legends. I like the team competition
by ControlContentment
Sat Apr 30, 2016 8:06 pm
Forum: Personal Consumer Issues
Topic: I cannot stop buying... [Investing/Personal Finance Books]
Replies: 54
Views: 9851

Re: I cannot stop buying...

I'm too cheap. Rather put that money in total world fund
by ControlContentment
Sun Apr 24, 2016 11:34 am
Forum: Investing - Theory, News & General
Topic: A different look at the Shiller CAPE 10
Replies: 29
Views: 5194

Re: A different look at the Shiller CAPE 10

Said exactly this for 5 years on this forum. Good to see people coming around finally
by ControlContentment
Sun Apr 24, 2016 11:12 am
Forum: Personal Investments
Topic: Paying off mortgage instead of buying bonds
Replies: 40
Views: 10014

Re: Paying off mortgage instead of buying bonds

I did this. While renting I was 75/25. Purchased my house for cash and am 95/5. The 5% is simply a liquidity buffer. I'll likely keep this allocation another couple years then begin adding in bonds from contributions.

I don't regret it for a second.
by ControlContentment
Sat Apr 23, 2016 11:42 am
Forum: Investing - Theory, News & General
Topic: Every DFA fund (ex-S&P 500) has underperformed the S&P 500 for the past decade
Replies: 104
Views: 15136

Re: Every DFA fund (ex-S&P 500) has underperformed the S&P 500 for the past decade

You see, you don't understand. DFA funds are sold only through advisors because people like you might bolt in the face of not-so-good results. You have to wait around long enough, and people like you do not have the required fortitude. L. :P So your underperfomace, compounded by higher fees, is the...
by ControlContentment
Sat Apr 23, 2016 11:41 am
Forum: Investing - Theory, News & General
Topic: Every DFA fund (ex-S&P 500) has underperformed the S&P 500 for the past decade
Replies: 104
Views: 15136

Re: Every DFA fund (ex-S&P 500) has underperformed the S&P 500 for the past decade

Market arbitrage. Over the next ten years I guarantee you dividend payers will underperform.
by ControlContentment
Sat Apr 23, 2016 11:27 am
Forum: Personal Investments
Topic: 529 Allocation Assistance Needed!
Replies: 23
Views: 2215

Re: 529 Allocation Assistance Needed!

Hard to determine the "right" allocation without knowing the future. You should assume that your stock allocation could drop by 1/2 in a crash. My daughter is turning 2. We put $1k per month in the age-based growth option for the SC 529. Depending on where we are at when she hits high scho...
by ControlContentment
Sun Apr 17, 2016 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pre payment, why?
Replies: 103
Views: 16827

Re: mortgage pre payment, why?

Not only do I not have a mortgage but I overpay our utilities with my credit card $2000 at time - so not only am I not going to be homeless I'm going to have lights, water, sewer, internet and natural gas. :) Our utility lets you pay with a credit card for a $3.95 convenience fee. I pay $2000 at a ...
by ControlContentment
Sun Apr 17, 2016 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pre payment, why?
Replies: 103
Views: 16827

Re: mortgage pre payment, why?

Why I paid cash for my house: - guaranteed 3% return - lock in stability, schools, ect for family - allow me and my wife to take risks and pursue passions. She is now a successful photographer and realtor. She makes more money now and is happier. She would not have done that with higher monthly expe...
by ControlContentment
Sun Mar 27, 2016 8:11 am
Forum: Personal Investments
Topic: need some portfolio & mortgage advice
Replies: 23
Views: 2138

Re: need some portfolio & mortgage advice

Similar financial situation and age. We went no mortgage. Don't regret it for a second. Of course the market is about flat from the time we did it and housing is up 10%.... But I only realized that this morning. From a life stress standpoint and a freedom to take risks with career standpoint, it can...
by ControlContentment
Sun Jan 31, 2016 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Banks or credit unions
Replies: 37
Views: 4806

Re: Banks or credit unions

I only use a bank to process transactions and move money. That will be taken over by block-chains within 10 years and I will never deal with one again
by ControlContentment
Fri Jan 15, 2016 8:02 pm
Forum: Investing - Theory, News & General
Topic: It sure looks like a good time to invest in oil
Replies: 111
Views: 18074

Re: It sure looks like a good time to invest in oil

Commodities are non productive assets.
by ControlContentment
Fri Jan 15, 2016 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my bride's student loans
Replies: 72
Views: 7200

Re: Paying off my bride's student loans

The feeling of self-worth and accomplishmebt is well worth the little bit of extra interest paid. Let her have this victory!
by ControlContentment
Thu Jan 14, 2016 6:56 pm
Forum: Personal Investments
Topic: Paying off mortgage did *what* to my portfolio risk?
Replies: 7
Views: 2157

Re: Paying off mortgage did *what* to my portfolio risk?

I purchased my house for cash about 14 mo ago. My ability to take risk increased because my monthly liabilities decreased. All else being equal, that justified an increase in risk for me. But I am solidly still in accumulation at age 36.
by ControlContentment
Wed Jan 13, 2016 6:27 am
Forum: Investing - Theory, News & General
Topic: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS
Replies: 78
Views: 12972

Re: Sell everything! 2016 will be a 'cataclysmic year,' warns RBS

Market corrections are a good thing. They shake out investors who lack conviction, and put a more solid floor under prices. The banks then scoop up those skittish investors and sell them the illusion of safety for only 1.5% - 3% of their future returns.

I'll stick with my plan thanks
by ControlContentment
Sun Jan 10, 2016 1:34 pm
Forum: Investing - Theory, News & General
Topic: vanguard total world yield > total bond market
Replies: 12
Views: 1430

Re: vanguard total world yield > total bond market

The only real way to get out of this is to have three to four times what you need. Bird in hand. Otherwise it is just a pissing contest...upwind! When I have three to four times what I need I can come back and preach cash flow! The way I view it is that as you are young, 6mo to 1y of expenses in li...
by ControlContentment
Sun Jan 10, 2016 1:12 pm
Forum: Investing - Theory, News & General
Topic: vanguard total world yield > total bond market
Replies: 12
Views: 1430

Re: vanguard total world yield > total bond market

Sad to say that I'm still very much an investing neophyte, so could you clarify what your post means? Also, a timely post as I've been thinking of starting a taxable account with Vanguard Muni Bond fund and Total World Fund for a two fund portfolio...but I'm also thinking of a three-fund portfolio ...
by ControlContentment
Sun Jan 10, 2016 1:03 pm
Forum: Investing - Theory, News & General
Topic: vanguard total world yield > total bond market
Replies: 12
Views: 1430

Re: vanguard total world yield > total bond market

Liquidity and cash flow vs liabilities... Seems to me this forum focuses too much on volitilty for the illusion of safety. Volatility is a drag on returns. The higher the volatility, the larger the drag. If you are 30 and have a steady income flow to invest in a high equity allocation monthly or bi...
by ControlContentment
Sun Jan 10, 2016 12:13 pm
Forum: Investing - Theory, News & General
Topic: vanguard total world yield > total bond market
Replies: 12
Views: 1430

vanguard total world yield > total bond market

Liquidity and cash flow vs liabilities...

Seems to me this forum focuses too much on volitilty for the illusion of safety.
by ControlContentment
Sun Jan 10, 2016 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Lottery Win...Could a Boglehead handle it?
Replies: 79
Views: 8028

Re: Lottery Win...Could a Boglehead handle it?

It is a responsibility winning that much. I would take my skills and this huge amount and find ways to improve the lives of others.
by ControlContentment
Sat Jan 09, 2016 3:48 pm
Forum: Investing - Theory, News & General
Topic: I'm curious if over-weighting equity investors still ok?
Replies: 92
Views: 10617

Re: I'm curious if over-weighting equity investors still ok?

I want from 70/30 to 100/0 when I went from renting a place to buying my home for cash. I am LOVING the downturn and hope prices keep going down, while earnings keep growing.
by ControlContentment
Thu Jan 07, 2016 6:37 am
Forum: Investing - Theory, News & General
Topic: [Market] Correction...Corection...Correction
Replies: 103
Views: 13956

Re: [Market] Correction...Corection...Correction

I hope it goes down more or stays flat. I used 1/2 of my portfolio to buy a house for cash 12-mo ago. It would be awesome to buy back in at lower prices!!!!! I think I need about 24 months to get back to where I was with a flat market. We will see
by ControlContentment
Sun Jan 03, 2016 8:13 am
Forum: Personal Investments
Topic: Are Bogleheads Buying I-Bonds 2016?
Replies: 87
Views: 20820

Re: Are Bogleheads Buying I-Bonds 2016?

I always buy I-bonds. I don't always keep them. The 0% ones I sold to buy my house for cash. The next tranch of low yield ones I will likely use in 5-7 years to buy the wife her next car. The higher yoeld ones I will keep as long as possible