Search found 470 matches

by Tamalak
Tue Jun 19, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 111
Views: 7685

Re: Messy Divorce -- Forensic Accounting Help....

TomatoTomahto wrote:
Tue Jun 19, 2018 2:53 pm
You know the saying that "nobody ever wins a fight with a toddler?"
You can't win an argument with a toddler.

You can absolutely win a fight with a toddler.

In fact, according to this diagnostic, I could win a fight with 31 toddlers :D

A fight is exactly what OP has on his hands.
by Tamalak
Tue Jun 19, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Messy Divorce -- Forensic Accounting Help....
Replies: 111
Views: 7685

Re: Messy Divorce -- Forensic Accounting Help....

Wow. So much advice to let it go, don't dig, your heart can't handle what you find, don't make her even angrier, let her have the money, it's not worth the trauma etc. I hope you have a sense of justice, OP. I hope you go after her, aggressively, and the best of luck to you. You don't deserve this, ...
by Tamalak
Tue Jun 19, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: What's your U.S. : International ratio?
Replies: 201
Views: 36906

Re: What's your U.S. : International ratio?

Actin wrote:
Sun Jun 17, 2018 9:02 am
90% US 10% int

International just drags a VTSAX portfolio down
Boy it sure does, especially recently. I don't like calculating where I'd be if I had gone all US instead of world cap.

Not even tempted to change it, though. Stay the course :mrgreen:
by Tamalak
Tue Jun 19, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: International Market Volatility? (Foreign stocks in freefall?)
Replies: 11
Views: 761

Re: International Market Volatility?

Yes, it is, at least from the perspective of USD. The stocks themselves are volatile, and then you have currency volatility on TOP of that.
by Tamalak
Tue Jun 19, 2018 10:24 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6630
Views: 1431370

Re: U.S. stocks in freefall

heyeaglefn wrote:
Tue Jun 19, 2018 10:04 am
I someday hope to live in a world where this thread isn't bumped every time the market is down.
Yeah.. in the past it only got bumped when we had REAL plunges. Then 2017 was so gentle I think it lowered the bar for what's considered 'freefall'. February counted. Otherwise, just turbulence.
by Tamalak
Thu Jun 14, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: Schwab's market predictions next 10 years
Replies: 20
Views: 2660

Re: Schwab's market predictions next 10 years

We like to repeat the mantra "nobody knows nothing" but is it such a reach to expect stocks to return less going forward? Systemic risk seems to have gone down, so people are more comfortable being more aggressive in stocks, driving their prices up. Saying future stocks will return less than past st...
by Tamalak
Thu Jun 14, 2018 9:38 am
Forum: Investing - Help with Personal Investments
Topic: 47 and clueless - direction needed
Replies: 45
Views: 4827

Re: 47 and clueless - direction needed

It is unbelievable that this crap is legal.
by Tamalak
Wed Jun 13, 2018 12:37 pm
Forum: Investing - Theory, News & General
Topic: When everyone invests passively...
Replies: 8
Views: 1296

Re: When everyone invests passively...

there's more buying than selling!
Wrong. There's never more buying than selling. There is exactly as much buying as selling.

I'll pass on reading an article with such an obvious error. Back to the drawing board with them.
by Tamalak
Wed Jun 13, 2018 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 60
Views: 5920

Re: Boring Job

I can't stand it when people complain about being showered with money for doing nothing. I thought that was the definition of paradise lmao
by Tamalak
Fri Jun 08, 2018 2:01 pm
Forum: Personal Consumer Issues
Topic: Death - Prediction
Replies: 63
Views: 3761

Re: Death - Prediction

I don't intend to die at all. I think any plan, retirement or otherwise, that necessitates my death is insanity.

sens.org

We are made of stuff. Stuff can be fixed.
by Tamalak
Wed Jun 06, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: F.O.B.O.: Fear of Better Options (NYTimes)
Replies: 4
Views: 1071

Re: F.O.B.O.: Fear of Better Options (NYTimes)

Fortunately my FOWO is greater than my FOBO, so I'm fine with a world cap index fund
by Tamalak
Wed Jun 06, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: FOMO (Fear Of Missing Out) and your portfolio?
Replies: 23
Views: 2295

Re: FOMO (Fear Of Missing Out) and your portfolio?

Yep, it's real, part of the reason I'm 100% stocks is because my fear of missing out is greater than my fear of losing money.
by Tamalak
Mon Jun 04, 2018 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3108

Re: Is it fine to have 100% of portfolio in VTSAX

Seems fine to me, except it's all U.S. stocks. That's okay NOW because U.S. is 50% of world cap and very correlated with international stocks. But if that changes, and U.S. shrinks to 20% of world cap - which could easily happen in the many decades the OP has in his horizon - that would be a little ...
by Tamalak
Mon May 14, 2018 4:20 pm
Forum: Investing - Theory, News & General
Topic: How do stock buybacks work, and how do index funds handle them?
Replies: 17
Views: 1771

Re: How do stock buybacks work, and how do index funds handle them?

A float-adjusted stock index fund would track the index. Rebalancing is not needed if only capitalization of holdings change, but if the index provider adjusts the free float of a stock, whether due to buybacks or just “private” shares being added to or removed from the tradable universe, then a fu...
by Tamalak
Mon May 14, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: How do stock buybacks work, and how do index funds handle them?
Replies: 17
Views: 1771

Re: How do stock buybacks work, and how do index funds handle them?

Corporation B, instead of a dividend, does a stock buyback of half their shares. Since the buybacks are done on the active market, none of the shares Vanguard owns are bought back. This action reduces Corp B's market cap to $500m, but each share is now worth double the percentage of the company tha...
by Tamalak
Mon May 14, 2018 3:39 pm
Forum: Investing - Theory, News & General
Topic: How do stock buybacks work, and how do index funds handle them?
Replies: 17
Views: 1771

How do stock buybacks work, and how do index funds handle them?

Say there are only two corporations in the world, A and B. Each have a market cap of 1 billion. Vanguard's total stock fund owns 10% of each, 100 million. Vanguard's goal is to continue to own an equal percentage of each company, since correct indexing is done by capitalization. Corporation A puts o...
by Tamalak
Mon May 14, 2018 9:51 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 11550

Re: The front page is ugly

I am completely baffled by the consensus of "omg no don't load it down with ads and slow to load content". Are the pretty-looking sub-forum pages of bogleheads slow to load and full of ads? No? Then where did this nonsense idea come from? All the OP is asking for is for the front page to be consiste...
by Tamalak
Mon May 14, 2018 7:28 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 140
Views: 11550

Re: The front page is ugly

Agree with the OP. I like the frontpage just fine and use it often but it actually looks bugged, like the .css couldn't load.
by Tamalak
Thu May 10, 2018 8:40 am
Forum: Investing - Help with Personal Investments
Topic: Why are stock returns expected to be so low over the next decade?
Replies: 27
Views: 4616

Re: Why are stock returns expected to be so low over the next decade?

Two reasons of my own to add to the chorus of "low growth high valuations": 1) Survivorship bias. Everyone talks about expected returns in terms of USA stocks. Why USA stocks? Because the USA has had the most stable, successful and profitable stock returns of anywhere in the world for the last 100-2...
by Tamalak
Wed May 09, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: 100% equity folks- holding any cash/bonds now?
Replies: 50
Views: 4956

Re: 100% equity folks- holding any cash/bonds now?

I'm one of those 100% equity folks.

To answer your question, I'm 100% equity.

Glad I could help :beer
by Tamalak
Fri May 04, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 3779

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

If you lump sum and the market drops 10%, you've lost 10%. If you've been invested for decades and the market drops 10%, you've lost 10%. The loss is the same. The second doesn't FEEL as bad, but it is. Its not the same loss. If you were invested for decades your average price could be lower than t...
by Tamalak
Fri May 04, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account
Replies: 52
Views: 5196

Re: I inherited 1 million dollars, should I open an IRA or keep adding money to this million dollar brokerage account

If you have two accounts with 1 million dollars each in them, and the market goes up 10%, you've made $200,000

If you instead have one account with 2 million dollars in it, and the market goes up 10%, you've made $200,000
by Tamalak
Fri May 04, 2018 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Invest lumpsum, "cost averaging" or "wait for the crash"
Replies: 56
Views: 3779

Re: Invest lumpsum, "cost averaging" or "wait for the crash"

If you lump sum and the market drops 10%, you've lost 10%. If you've been invested for decades and the market drops 10%, you've lost 10%. The loss is the same. The second doesn't FEEL as bad, but it is. Lump sum. Jump in the pool. Scream if you need to. You'll be fully immersed eventually anyway, so...
by Tamalak
Wed May 02, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31778

Re: Those with high savings rate: why?

2Birds1Stone wrote:
Tue May 01, 2018 8:18 pm
I''ll be able to retire @ 35 years old, after a 13 year career.
Real nice. It'll take me till 40. Congratulations in advance! :sharebeer
by Tamalak
Wed May 02, 2018 8:31 am
Forum: Investing - Theory, News & General
Topic: What are the questions you would ask a Financial Advisor ?
Replies: 59
Views: 4025

Re: What are the questions you would ask a Financial Advisor ?

I would ask:

"What am I doing here?"
"What do you want?"
"If you let me go I won't call the police"

Because there is no way I would end up in a financial "advisor"'s office unless I was kidnapped.
by Tamalak
Thu Apr 26, 2018 8:28 pm
Forum: Investing - Theory, News & General
Topic: Financial Freedom
Replies: 22
Views: 2868

Re: Financial Freedom

My strategy: 1) Save half your after tax income 2) Invest it all in VT 3) Retire with an adjustable 4% withdraw rate (adjustable meaning 4% of current portfolio value, not starting value) after hopefully 15ish years. Keep it all in VT. 4) If you get a 50% crash, reduce your budget and work at McDon...
by Tamalak
Thu Apr 26, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: Financial Freedom
Replies: 22
Views: 2868

Re: Financial Freedom

My strategy: 1) Save half your after tax income 2) Invest it all in VT 3) Retire with an adjustable 4% withdraw rate (adjustable meaning 4% of current portfolio value, not starting value) after hopefully 15ish years. Keep it all in VT. 4) If you get a 50% crash, reduce your budget and work at McDona...
by Tamalak
Tue Apr 24, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: A different approach to asset allocation
Replies: 1443
Views: 600091

Re: A different approach to asset allocation

This thread has been thrown out as a cautionary tale against leverage. The plural of anecdote is ... Yeah, I don't see it as a cautionary tale against leverage. There's a saying that "everyone is a genius in a bull market" - the obvious corollary is that everyone is a fool in a bear market. The ris...
by Tamalak
Mon Apr 23, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: Floating Net Worth w/ VT after 5 Years
Replies: 52
Views: 6787

Re: Floating Net Worth w/ VT after 5 Years

I wish Vanguard would open up an Admiral Shares class for Total World. That would make getting 100% on board an easier decision. Does anyone know why total world has less stocks than if you combine total us and total international? This, and the expense ratio difference is why I'm not actually in V...
by Tamalak
Mon Apr 23, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Floating Net Worth w/ VT after 5 Years
Replies: 52
Views: 6787

Re: Floating Net Worth w/ VT after 5 Years

Yep. 100% of my net worth is in VT other than a few thousand in cash for expenses management. That's the way it's been for years and that's how it's gonna stay. No regrets. Rebalancing, what's that?
by Tamalak
Fri Apr 20, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: Index Funds Return Above Average
Replies: 11
Views: 875

Re: Index Funds Return Above Average

Active returns are baseline market returns minus fees and transaction costs.

Passive returns are baseline market returns minus fees, transaction costs and bid/ask spread

Should passive become overwhelmingly popular that last one is going to get big. Right now it's trivial.
by Tamalak
Thu Apr 19, 2018 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 17153

Re: Can I retire at age 40?

Spend some time on some FIRE blogs. Lots of 30 and 40-somethings are retiring early and writing all about it. One thing you may not realize is that your income taxes will plummet, possibly all the way to $0, especially with 4 dependents. So there goes that bill. Also you'll qualify for all kinds of...
by Tamalak
Thu Apr 19, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 17153

Re: Can I retire at age 40?

For clarity... I don't have 120,000 of expenses after taxes. I have 120,000 BEFORE taxes. Out of that money I pay $25,000 for health insurance for my family of 6 and have been making a mortgage payment and 2 car payments of roughly $2500 a month. That is all paid off so realistically my other expen...
by Tamalak
Wed Apr 18, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Broke up with my girlfriend for financial reasons: crazy?
Replies: 53
Views: 3562

Re: Broke up with my girlfriend for financial reasons: crazy?

Because someone who spends 36k yearly on a salary of more than 250k is also not living a balanced life. Absolutely untrue if the person in question would prefer to retire early. I would say a modestly funded life free from obligations is very balanced indeed. Far moreso than owning gigantic luxurie...
by Tamalak
Wed Apr 18, 2018 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Broke up with my girlfriend for financial reasons: crazy?
Replies: 53
Views: 3562

Re: Broke up with my girlfriend for financial reasons: crazy?

Christine_NM wrote:
Wed Apr 18, 2018 11:34 am
"she didn't feel like cooking dinner"

Do you cook? If you'd been able to, you could have avoided the whole unfortunate mess. You are not ready for marriage yet imho.
He already pays for everything they do and he should cook for her, too??
by Tamalak
Wed Apr 18, 2018 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 17153

Re: Can I retire at age 40?

Will OP need 120k a year indefinitely? Wouldn't his needs go down sharply after his kids are grown (say in 10 years)? 5% WR for 10 years followed by say, 3% (72k) after that sounds doable. The big wildcard is college, if OP is planning to pay for THAT.. might get messy and require even more than 5%...
by Tamalak
Tue Apr 17, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 17153

Re: Can I retire at age 40?

Will OP need 120k a year indefinitely? Wouldn't his needs go down sharply after his kids are grown (say in 10 years)? 5% WR for 10 years followed by say, 3% (72k) after that sounds doable. The big wildcard is college, if OP is planning to pay for THAT.. might get messy and require even more than 5% ...
by Tamalak
Tue Apr 17, 2018 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 9070

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

This. In any sane community the OP here would be roasted for humble bragging. Otherwise assume good faith and answer accordingly if you feel like it. At least that is how I see it. If we assume good faith, the correct answer to this OP and many others like him is "go volunteer in a soup kitchen unt...
by Tamalak
Tue Apr 17, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 9070

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

The BH standard answer to this type of questions "You need twice the portfolio that you have" This. In any sane community the OP here would be roasted for humble bragging. Instead people are taking his question seriously and some even urging caution! :oops: Unbelievably out of touch. I wish some di...
by Tamalak
Wed Apr 11, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 12502

Re: What is your AA, given your age? and, Why?

Age 35. 100% stocks. I agree with Warren Buffett that stocks are not just the best way to make money but also the best way to preserve your buying power. The drawbacks of stocks are more obvious and dramatic than those of bonds/cash but I don't see them as worse. The dollar lost 15% in the last 12 m...
by Tamalak
Tue Apr 10, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Regrets of the frugal and dying?
Replies: 62
Views: 8965

Re: Regrets of the frugal and dying?

If at some point I end up on a deathbed my only regret will be that I'm dying.

/r/longevity
by Tamalak
Tue Feb 27, 2018 5:02 pm
Forum: Investing - Theory, News & General
Topic: Blasphemy... DO PEEK!
Replies: 100
Views: 9770

Re: Blasphemy... DO PEEK!

I peek every single day. I love the daily risk of it, and was excited in a masochistic way even during that Feb. plunge. I definitely feel like it's getting me accustomed to losses (and gains!) It doesn't inform my investment actions in any way, but why not accept the free source of excitement that ...
by Tamalak
Tue Feb 27, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Personal rules for buying in a down market?
Replies: 55
Views: 4210

Re: Personal rules for buying in a down market?

When the drop hit 10% I mused seriously about "leaning forward" and slimming my emergency fund to 'buy the dip'. But when I looked at the 1 year return that just felt silly. It wasn't a dip down so much as a spike UP in January that then settled. If that spike up never happened, we could easily be w...
by Tamalak
Mon Feb 26, 2018 9:58 am
Forum: Local Chapters and Bogleheads Community
Topic: Nisiprius at 35,000 posts
Replies: 60
Views: 5145

Re: Nisiprius at 35,000 posts

Nisiprius is my favorite poster here. Always shocked me with the knowledge, clarity, and focus of his words!
by Tamalak
Thu Feb 22, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: Terminology question: what does "losing money" mean?
Replies: 71
Views: 3262

Re: Terminology question: what does "losing money" mean?

None of the funds lost money. They only made what money got paid out in dividends. YOU lost money to purchase them. They're not made of money, they're made of securities. You spent money to buy them. You COULD sell them for money and it's easy to check the open market for what you'd get at any given...
by Tamalak
Thu Feb 15, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 18403

Re: Number at which to stop worrying

For me the number is 666k. Multiply that by 2.25% (dividend rate of world stock) and you get 15k (poverty line of the USA).

Not a number I would retire on, but a number that makes me feel safe. Getting pretty close :D
by Tamalak
Wed Feb 14, 2018 1:16 pm
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 152
Views: 11242

Re: philosophicaleconomics predicts 4% real equity returns

Average historical has been 6.6% real. 4% real I'll take and say thank you!
by Tamalak
Wed Feb 14, 2018 10:54 am
Forum: Investing - Theory, News & General
Topic: What is the most the stock market has ever been down in 5 year period?
Replies: 19
Views: 3205

Re: What is the most the stock market has ever been down in 5 year period?

-61% is only the most OUR stock market has been down. Survivorship bias. Our market is the most successful which is why people talk about it the most. The most ANY stock market has been down is 100%.
by Tamalak
Tue Feb 13, 2018 10:37 am
Forum: Investing - Help with Personal Investments
Topic: Financial Advisor???
Replies: 11
Views: 900

Re: Financial Advisor???

Most financial advisors are scum. Run away. Do not use them. Educate yourself here. Your money isn't going anywhere :sharebeer
by Tamalak
Tue Feb 13, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Need help picking Vanguard Index Funds.
Replies: 19
Views: 3065

Re: Need help picking Vanguard Index Funds.

VT and BND. You're welcome!