Search found 1598 matches

by lostdog
Thu Apr 18, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: dropping umbrella and increasing auto liability
Replies: 56
Views: 3027

Re: dropping umbrella and increasing auto liability

80% of umbrella claims are auto related, so this isn't a terrible idea. I wouldn't do it though. I value that other liability coverage. I'm actually considering increasing mine from $2M to $5M. As a practical matter, if you are totally at fault in a car crash or whatever, generally a plaintiffs att...
by lostdog
Thu Apr 18, 2019 9:21 am
Forum: Personal Investments
Topic: Beginner question: best way to $ Cost Avg on sp500
Replies: 10
Views: 865

Re: Beginner question: best way to $ Cost Avg on sp500

Also consider Total US Stock index (VTSAX) and Total International Stock index (VTIAX). Buy the whole market. Dollar cost averaging is fine. Invest whenever you have money to invest. Do you have a workplace retirement plan? 401k/403b/457/Thrift Savings Plan? Do you have a Roth IRA and are you fundi...
by lostdog
Thu Apr 18, 2019 8:14 am
Forum: Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 441
Views: 35020

Re: Mr. Money Mustache, SWR, and equity allocation

We live a great life on 25k to 30k. We save a little over 50%. Paid off house and no kids. 1 nice vacation a year and staycations with family and friends. Good for you! It seems a lot of Bogleheads feel like you can only have a life of deprivation on that budget. Most people are in shock that we li...
by lostdog
Thu Apr 18, 2019 7:35 am
Forum: Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 441
Views: 35020

Re: Mr. Money Mustache, SWR, and equity allocation

We live a great life on 25k to 30k. We save a little over 50%. Paid off house and no kids. 1 nice vacation a year and staycations with family and friends.
by lostdog
Wed Apr 17, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: I’m a Loser Stuck in a Dead End Job
Replies: 63
Views: 7643

Re: I’m a Loser Stuck in a Dead End Job

150k+ networth at 30. You're doing better than most Americans at any age and I really mean MOST.

Shop around for a different job. It always works out.
by lostdog
Wed Apr 17, 2019 9:38 am
Forum: Personal Investments
Topic: Financial Advisor Issues
Replies: 18
Views: 1367

Re: Financial Advisor Issues

Liquidate. Put everything into Schwab and buy SCHB (large US companies). Enjoy zero AUM fee, zero 12b-1 fee, zero front end load, zero transaction fee, 0.03% net ER. When you need money, sell some SCHB and take the money out. The end. +1 Or sub SCHB with their MF version SWTSX. +1 You can do the sa...
by lostdog
Tue Apr 16, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: "When Adding to Your Retirement Account is a Bad Idea"
Replies: 29
Views: 3742

Re: "When Adding to Your Retirement Account is a Bad Idea"

It really is not a bad idea to have so much income you have to pay taxes. Having a lot of income is good. Paying more tax now so you can pay less later is only good if you end up with more money at some point in your lifetime. Yes, it looks like someone manufacturing a problem that you can pay them...
by lostdog
Tue Apr 16, 2019 11:23 am
Forum: Personal Finance (Not Investing)
Topic: "When Adding to Your Retirement Account is a Bad Idea"
Replies: 29
Views: 3742

Re: "When Adding to Your Retirement Account is a Bad Idea"

White Coat Investor wrote:
Tue Apr 16, 2019 11:18 am
Basically, it's never bad. If it is bad, then do Roth conversions and then it isn't bad.

The "RMD Problem" is dramatically oversold (usually by someone selling something) and has a simple solution.
I agree. Roth conversions should be part of the plan.
by lostdog
Tue Apr 16, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: "When Adding to Your Retirement Account is a Bad Idea"
Replies: 29
Views: 3742

Re: "When Adding to Your Retirement Account is a Bad Idea"

The article below has me really thinking about future RMD's. I used Vanguard’s estimated RMD tool. Based on our current IRA and 401k balances with 6% growth, in 2046 RMD's with social security will land us into the next tax bracket. "When Adding to Your Retirement Account is a Bad Idea" https://wea...
by lostdog
Tue Apr 16, 2019 11:09 am
Forum: Personal Finance (Not Investing)
Topic: "When Adding to Your Retirement Account is a Bad Idea"
Replies: 29
Views: 3742

"When Adding to Your Retirement Account is a Bad Idea"

The article below has me really thinking about future RMD's. I used Vanguard’s estimated RMD tool. Based on our current IRA and 401k balances with 6% growth, in 2046 RMD's with social security will land us into the next tax bracket. "When Adding to Your Retirement Account is a Bad Idea" https://weal...
by lostdog
Tue Apr 16, 2019 9:26 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 100
Views: 5336

Re: What Are Your Simple Pleasures?

Reading bogleheads in the morning. Going to the gym, kayaking, biking, fishing and world of warcraft with my pvp team friends.
by lostdog
Tue Apr 16, 2019 9:08 am
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 9621

Re: seriously thinking about leaving S. CA but where to?

sil2017 wrote:
Tue Apr 16, 2019 9:05 am
lostdog wrote:
Tue Apr 16, 2019 8:08 am
Where do your family and friends live?
Family in Canada. Friends in CA and Canada.
Would you miss your friends?
by lostdog
Tue Apr 16, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Do not use Personal Capital
Replies: 76
Views: 9488

Re: Do not use Personal Capital

Quicken is a good one.

The new company that took over the software development has really turned it around for the better.
by lostdog
Tue Apr 16, 2019 8:08 am
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 9621

Re: seriously thinking about leaving S. CA but where to?

Where do your family and friends live?
by lostdog
Tue Apr 16, 2019 7:58 am
Forum: Personal Investments
Topic: Mr. Money Mustache, SWR, and equity allocation
Replies: 441
Views: 35020

Re: Mr. Money Mustache, SWR, and equity allocation

Traveling isn't the ultimate thing to achieve in life for some people. Hobbies, staycations, spending time with friends and family, financial Independence etc. .. These.days people travel but spend more time taking pictures and posting on social media rather than experiencing the actual moment. Keep...
by lostdog
Mon Apr 15, 2019 10:55 pm
Forum: Personal Consumer Issues
Topic: How to fix jerky images on streaming TV?
Replies: 29
Views: 1560

Re: How to fix jerky images on streaming TV?

After cutting the cord, I subscribed to YouTube TV with a Roku Streaming Stick+. Streaming to our 4 year old Vizio 52" TV has been problematic. Especially when watching sports, the images often become herky/jerky and robotic. I presume this is from buffering/interruptions in the streaming signal. I...
by lostdog
Mon Apr 15, 2019 10:49 pm
Forum: Personal Consumer Issues
Topic: How to fix jerky images on streaming TV?
Replies: 29
Views: 1560

Re: How to fix jerky images on streaming TV?

I had this similar issue with my Sony TV and Google Chromecast. In the Sony TV settings I had to turn off a setting that smoothed out the frame rate to make it look like it was 120 frames. It had a special name that I can't remember. Once I turned this off it fixed it. I think the Sony software was ...
by lostdog
Mon Apr 15, 2019 6:14 pm
Forum: Personal Investments
Topic: $1.1 million rental portfolio, but tired of being a landlord
Replies: 86
Views: 9773

Re: $1.1 million rental portfolio, but tired of being a landlord

Sell the properties, pay the taxes and sem-retire. Get a part time job you really enjoy.
by lostdog
Fri Apr 12, 2019 8:24 am
Forum: Personal Investments
Topic: Opinion on VTWAX [Vanguard Total World Stock]
Replies: 107
Views: 9623

Re: Opinion on VTWAX [Vanguard Total World Stock]

The ultimate in simplicity. It took me awhile to get here but I made it.

Rick Ferri's steps to elightenment is true for me. The information in this forum can end up being noise for some.

"Ignore the noise, invest in VTWAX".
by lostdog
Thu Apr 11, 2019 9:43 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

Some further rationalizations: California is a nice place to visit but I wouldn't want to live there. Earthquakes and fires and all, they eat granola, and have banned plastic straws. Socialism. Just too much risk so I'm going to exclude all California based companies just to be safe. It's the only ...
by lostdog
Thu Apr 11, 2019 9:09 am
Forum: Investing - Theory, News & General
Topic: Crypto bulls are back. Are you getting in?
Replies: 105
Views: 7911

Re: Crypto bulls are back. Are you getting in?

Nope. For now, cash and VTWAX. I'll add bonds later in life.
by lostdog
Thu Apr 11, 2019 7:20 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

I'm gonna have to agree with visualguy here. I immigrated to the US from the world's 2nd largest economy 10+ yrs ago. Sure. Why should we rely on silly things like financial and economic evidence when we can just use anecdotes and intuition instead? What do legions of PhD-trained economists know th...
by lostdog
Thu Apr 11, 2019 7:19 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

Well, for what it's worth, I'm certainly glad no one told me to invest based on world market cap when I was young... I would have had to work significantly longer to be able to retire if I had done that instead of all US. Poor long-term performance is brutal, particularly when it's also a wild ride...
by lostdog
Wed Apr 10, 2019 5:34 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

International equity funds by-and-large have badly under-performed US over the past 10 years. The degree of under-performance seems to belie the rationale in the comments of “why bother (going above 0-20%) since most large US companies have a significant overseas presence”. Q1: Is there a particula...
by lostdog
Wed Apr 10, 2019 3:11 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

Thanks, nisiprious - this is important data. It doesn't surprise me personally because I studied this before. I have to assume that the numerous "recency" claims here were wishful thinking and/or ignorance. In addition to reading up on " recency bias ", I think all investors would do well to read u...
by lostdog
Wed Apr 10, 2019 3:03 pm
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

Thanks, nisiprious - this is important data. It doesn't surprise me personally because I studied this before. I have to assume that the numerous "recency" claims here were wishful thinking and/or ignorance. In addition to reading up on " recency bias ", I think all investors would do well to read u...
by lostdog
Wed Apr 10, 2019 10:27 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

Who knows about 50 years or 100 years from now, but over my limited investment time frame, it's a dud. Sorry, but I don't understand this rationale: if international stocks outperform US stocks in seven out of the next ten years (which they did from 2000 to 2009), how would that be "a dud"? Or even...
by lostdog
Wed Apr 10, 2019 9:57 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

Most people probably are chasing past performance, which is a DEADLY sin. Observations about past performance underpin the whole Boglehead approach. Indexing, passive vs active, SWRs - it's all motivated by past performance. It's not based on some law of nature, physics, math, or economics. Since m...
by lostdog
Wed Apr 10, 2019 9:04 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

Most people probably are chasing past performance, which is a DEADLY sin. Observations about past performance underpin the whole Boglehead approach. Indexing, passive vs active, SWRs - it's all motivated by past performance. It's not based on some law of nature, physics, math, or economics. Since m...
by lostdog
Tue Apr 09, 2019 10:46 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

deleted
by lostdog
Tue Apr 09, 2019 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Wife hates new job...wants to quit after 1 day
Replies: 191
Views: 17838

Re: Wife hates new job...wants to quit after 1 day

I would not rush to judgment after one day and I surely wouldn’t waste money on an atttorney, for Pete’s sake. She has a job, presumably they’re paying her or will in two weeks, what could possibly be the cause of action there? That an at-will perk of employment was removed? It was two weeks before...
by lostdog
Tue Apr 09, 2019 7:41 am
Forum: Personal Investments
Topic: Am I retirement ready?
Replies: 63
Views: 7277

Re: Am I retirement ready?

Spindrift wrote:
Tue Apr 09, 2019 7:15 am
well I finally pulled the plug. Last day set for mid May. One More Week syndrome was a bitch but I finally overcame. I'm very excited and a bit nervous. Here we go...
I responded earlier and just saw this. Congratulations!

If you get bored after awhile consider a fun part time e job.
by lostdog
Tue Apr 09, 2019 7:39 am
Forum: Personal Investments
Topic: Am I retirement ready?
Replies: 63
Views: 7277

Re: Am I retirement ready?

I agree with the others. You can retire but you can also semi-retire into something you enjoy. You might even get lucky and find a fun part time job that offers health insurance.

Get a fun part time job close to home. Even if it's just 20 hours a week.
by lostdog
Mon Apr 08, 2019 2:17 pm
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 126
Views: 14170

Re: Theory: NOW is the Best Time for Total World Stock

Curious to see if anyone else has given some more thought towards this topic and is considering going 100% into VTWAX? After much deliberation, I took the global cap plunge and have made the switch for my and my wife's ROTH IRA's. With my 401k, I need to estimate the market cap with multiple funds ...
by lostdog
Mon Apr 08, 2019 9:06 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

International is not a separate asset class...
by lostdog
Mon Apr 08, 2019 9:05 am
Forum: Personal Investments
Topic: International under-performance
Replies: 204
Views: 10957

Re: International under-performance

I am 100% VTI. I only track 2 funds, VTI and VT. The nerd in me wants to love VT since it is more agnostic and diversified, but returns are so far always higher for VTI. Hard to consider making the switch. I agree. Recency bias is a tough cookie to crumble. Let us know when you jump into VT when in...
by lostdog
Sun Apr 07, 2019 10:39 am
Forum: Personal Investments
Topic: Theory: NOW is the Best Time for Total World Stock
Replies: 126
Views: 14170

Re: Theory: NOW is the Best Time for Total World Stock

Curious to see if anyone else has given some more thought towards this topic and is considering going 100% into VTWAX? I switched over at the beginning of the year for stock allocation. In my 403b I do not have it available so I am sticking with Vanguard 500. Do you have it in a taxable account? I ...
by lostdog
Sat Apr 06, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4375
Views: 1143955

Re: What Movie Have You Recently Watched?

50/50 wrote:
Sat Apr 06, 2019 8:08 am
KSOC wrote:
Sat Apr 06, 2019 7:59 am
The Highwaymen - Netflix Kevin Costner, Woody Harrelson, Kathy Bates. The pursuit of Bonnie & Clyde. My kind of movie.
+1

A couple of over the hill Texas Rangers come out of retirement. Pretty well done I thought.
+2. Good movie
by lostdog
Sat Apr 06, 2019 7:39 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 4375
Views: 1143955

Re: What Movie Have You Recently Watched?

50/50 wrote:
Sat Apr 06, 2019 8:08 am
KSOC wrote:
Sat Apr 06, 2019 7:59 am
The Highwaymen - Netflix Kevin Costner, Woody Harrelson, Kathy Bates. The pursuit of Bonnie & Clyde. My kind of movie.
+1

A couple of over the hill Texas Rangers come out of retirement. Pretty well done I thought.
+2. Good movie
by lostdog
Thu Apr 04, 2019 4:04 pm
Forum: Personal Investments
Topic: 24 year old making first Roth IRA account. What do you guys think of these portfolios?
Replies: 24
Views: 1640

Re: 24 year old making first Roth IRA account. What do you guys think of these portfolios?

100% VTSAX. See the JL Collins talk last year at Google. Or observe Jack's rule (me, not the more wise and famous Jack), which is until you have $100k invested, it doesn't matter, go all Total Stock. He now actually recommends VTWAX for young investors. https://jlcollinsnh.com/2019/03/03/stocks-par...
by lostdog
Thu Apr 04, 2019 9:32 am
Forum: Personal Investments
Topic: 24 year old making first Roth IRA account. What do you guys think of these portfolios?
Replies: 24
Views: 1640

Re: 24 year old making first Roth IRA account. What do you guys think of these portfolios?

Let me preface this by saying I know very little about this topic, I just started researching it a few weeks ago, but it looks pretty interesting. I'm 24 and I plan on maxing out the Roth IRA with Vanguard every year from now. I will be putting in 6k which is the max for this year. At my age, I am ...
by lostdog
Wed Apr 03, 2019 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Why not 100% World index fund?
Replies: 20
Views: 2236

Re: Why not 100% World index fund?

Use separate funds in taxable for TLH opportunities and use VTWAX/VT in IRA's.
by lostdog
Wed Apr 03, 2019 11:56 am
Forum: Non-US Investing
Topic: Your opinion on debt?
Replies: 111
Views: 6345

Re: Your opinion on debt?

The borrower is slave to the lender.
by lostdog
Wed Apr 03, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: "Stop Asking Kids What They Want to Be When They Grow Up"
Replies: 25
Views: 1764

Re: "Stop Asking Kids What They Want to Be When They Grow Up"

What would you like to do if money were no object?
by lostdog
Tue Apr 02, 2019 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: What is Financial Independence (FI) in the simplest terms?
Replies: 80
Views: 4638

Re: What is Financial Independence (FI) in the simplest terms?

When having a job is no longer mandatory.

Semi-retire is another good one.

Most people seem to relate better to these terms.
by lostdog
Tue Apr 02, 2019 7:56 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1224
Views: 122049

Re: [What TV Show Have You Recently Watched?]

I am looking forward to the last season of Game of Thrones. The best show ever. Breaking Bad is second.
by lostdog
Tue Apr 02, 2019 8:40 am
Forum: Investing - Theory, News & General
Topic: IF we enter a financial crisis in the future, how are you going to adjust?
Replies: 57
Views: 3618

Re: IF we enter a financial crisis in the future, how are you going to adjust?

There are no longer "normal" interest rates. All currencies are merely fiat faith based paper. Many pensions will not meet their obligations in the future. Where did you get this information? Has there ever been another period in US history when rates were near these same levels? We just left an ei...