Search found 227 matches

by nova1968
Wed Sep 19, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25508

Re: What is your single most expensive mistake?

I can name more than one. Trading on margin, Chart Pattern trading with Dan Zanger, Investors Daily, North Coast Financial Asset Management with a 2% annual fee. Finally ended up in the right place on the BH site.
by nova1968
Fri Sep 07, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: returns for the next decade
Replies: 40
Views: 4295

Re: returns for the next decade

I know this is purely speculative but **in your opinion** is the next decade 2020-2030 going to be more like the strong returns of the 80s and 90s or the very weak returns of the current decade? S&P500 inflation adjusted returns including dividends reinvested: Jan 1 1980 - Dec 31 1989: 11.97% Jan 1...
by nova1968
Fri Sep 07, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: New Jack Bogle Book!
Replies: 46
Views: 6861

Re: New Jack Bogle Book!

For those that are stating they have read every one of Jack Bogle's books - don't you find them somewhat repetitive? Am I missing some new messages between the various books or do you also find them repetitive but enjoy reading the same messages with some refreshed data? Good point, if you already ...
by nova1968
Tue Sep 04, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: The future of my journals and logs
Replies: 45
Views: 4256

Re: The future of my journals and logs

I have journals going back to age 14 . I still have the written journals. I also typed thousands of pages of the previous written journals and labeled each document by the year. I backed them up in several places such as Microsoft I Cloud, Ever note, Amazon and several external drives. I did the sam...
by nova1968
Tue Sep 04, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 44805

Re: Lucrative careers?

Accounting, auditing, consulting ... working for a big4 will generally net someone $100k by year 5 or 6 (and often earlier). +1. Was just messaged on LinkedIn by a Big4 recruiter for a consulting role at $180k + 25% bonus. 10 years of work experience. Are you going to take it? Hello no you couldn’t...
by nova1968
Tue Sep 04, 2018 11:58 am
Forum: Personal Finance (Not Investing)
Topic: How to account for HSA in retirement planning?
Replies: 41
Views: 3290

Re: How to account for HSA in retirement planning?

Unlike 401K, TSP and IRAs, the advantages of the HSA is if you retire before age 65 you can contribute and take advantage of the tax benefits. $4450.00 for an individual and $7900.00 for a family. These contributions are %100 percent deductible from gross income.
by nova1968
Mon Aug 27, 2018 6:52 am
Forum: Investing - Theory, News & General
Topic: New Jack Bogle Book!
Replies: 46
Views: 6861

Re: New Jack Bogle Book!

The title" Stay the course" speaks for itself, yet all I see in on this Forum are numerous recent posts about getting rid of International or replacing TBM with CDs or MM funds because of a temporary downturn.
by nova1968
Mon Aug 27, 2018 6:36 am
Forum: Investing - Help with Personal Investments
Topic: TSP G fund as only bond fund
Replies: 74
Views: 8554

Re: TSP G fund as only bond fund

I'm 50/50 G and F relating to my Bond allocation, I can't see timing the market regardless of interest rates, Same with international, 20% of Equity portfolio, I prefer to stay the course regardless of news and temporary downturns.
by nova1968
Wed Aug 22, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 18278

Re: Bay Area housing frenzy cooling

There could be drop in Bay area real estate prices. Instead of $2M for a 3 bed room rambler you will pay $1.7M which is still pretty high.
by nova1968
Wed Aug 22, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: How much do you put away in investments?
Replies: 66
Views: 5510

Re: How much do you put away in investments?

Not sure where all the big numbers are coming from or if they are legit. The figures posted are well above the norm even for the BH.
My numbers are;
TSP 24K
Roth 7K
HSA 4.5K
I believe this is above average compared to the average household.
by nova1968
Thu Aug 16, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: Bill Gross' fund, lately...
Replies: 14
Views: 2320

Re: Bill Gross' fund, lately...

It appears from the responses that Bill Gross,( a big name in the Bond markets) is not the needle in the haystack among Bonds.
by nova1968
Tue Aug 14, 2018 6:55 am
Forum: Personal Consumer Issues
Topic: Retire in Florida or Alabama?
Replies: 107
Views: 8239

Re: Retire in Florida or Alabama?

I don't quite understand the beach thing. Texas beaches have much better sand for castle building and the water is warmer than locations in both Alabama and Florida. Where are the grandkids located? The ocean at the beaches in FL is Turquoise Emerald Green, In Texas its muddy brown, Not sure about ...
by nova1968
Tue Aug 14, 2018 6:50 am
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 322
Views: 46268

Re: Roll Call for the Retirement Class of 2018!

September 30, 2018 Holy cow nova1968 - that's right around the corner! Are you mad-scrambling to get all your ducks in line? or are you one of these tidy on-schedule types who have everything figured out ahead of time and just leisurely coast to the finish line? :happy Don't know what you have plan...
by nova1968
Thu Aug 09, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Junk Mail
Replies: 28
Views: 2734

Re: Junk Mail

Whats so hard about throwing the junk mail in the trash.? The other day someone put a flier on my windshield, any advice on how to stop this from happening?
by nova1968
Thu Jul 26, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: An argument against self-insuring for long-term care
Replies: 214
Views: 11340

Re: An argument against self-insuring for long-term care

LTC depends on the situation, If you want to leave a large inheritance to your heirs LTC may be worth considering, If you're solo with no heirs and end up in a nursing home with Alzheimer's you're probably not going to have the mental capacity to realize that your life savings have been wiped out.
by nova1968
Wed Jul 25, 2018 9:06 am
Forum: Personal Finance (Not Investing)
Topic: New book based on Millionaire Next Door
Replies: 120
Views: 17169

Re: New book based on Millionaire Next Door

Don't a lot of teachers take side gigs during their summers off? I remember my mom (a teacher) used to teach at the local community college in the summers. I think she mentioned it was worth 3000-4000 per summer. Multiply that by 30 summers, and it adds up pretty quickly. You would think. https://w...
by nova1968
Thu Jul 12, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 396
Views: 36326

Re: free dinner investing seminar

delete
by nova1968
Thu Jul 12, 2018 7:50 am
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 6101

Re: Anyone take naps at work?

If I had the opportunity to work from home I would takes naps at work
by nova1968
Thu Jul 12, 2018 7:15 am
Forum: Investing - Theory, News & General
Topic: CNN Money Article on how much fees can add up
Replies: 3
Views: 1125

Re: CNN Money Article on how much fees can add up

I recall in the 80s and 90s it was common to make 20% or even 30% a year on stocks, CDs and MMs were around 9%, As a result of large gains during the 80s and 90s 1% did not seem like much. Nowadays even a 5% return on stocks is considered good and fees are a significant factor when it comes to portf...
by nova1968
Tue Jul 03, 2018 6:37 am
Forum: Investing - Theory, News & General
Topic: Advocating to not index
Replies: 28
Views: 3597

Re: Advocating to not index

I frequently have people ask me for Financial advice related to Investing, I explain the concept of Index investing, More often than not the advice falls on deaf ears.
by nova1968
Fri Jun 29, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: "Who's John Bogle?"
Replies: 17
Views: 2549

Re: "Who's John Bogle?"

Most Investors as well as Investment Sales Reps are not familiar with Jack Bogle but are familiar with Vanguard, the company he founded. Jack Bogle is pretty much behind the scenes and relatively unknown unless you are a Boglehead, read his books, read the the WSJ and money magazines or are a shareh...
by nova1968
Fri Jun 29, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Yes, It’ll Happen - Jonathan Clements
Replies: 33
Views: 7364

Re: Yes, It’ll Happen - Jonathan Clements

It reemphasizes the value of a pension. For example if your pension is 40K a year it equivalent to withdrawing 4% on a 1 million dollar account.
by nova1968
Tue Jun 26, 2018 7:18 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22384

Re: Did you celebrate when you finally hit $1m?

1M at age 45 in 2007, (house not included) at the end of 2008 I was down to 700K and did not reach to 1M milestone again until 2012. Just because you get to 1M ,if your in equities its not guaranteed to last.
by nova1968
Thu Jun 14, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 7884

Re: Boring Job

For some people boredom is their comfort zone, Not everyone wants to manage a bunch of people, pick asparagus on a farm, work in a factory or warehouse. In college I was a driver for UPS where I was lucky if I had time to use the bathroom, After College I got a job paying twice as much where I worke...
by nova1968
Wed Jun 13, 2018 12:40 pm
Forum: Personal Consumer Issues
Topic: Living Abroad - Who's done it?
Replies: 52
Views: 5282

Re: Living Abroad - Who's done it?

I worked overseas for over 10 years in Kwajalein, Marshal islands, Helsinki, Finland and Baku, Azerbaijan. Its a great experience living in another culture vs going on vacation for a week. The best benefit was free housing, no taxes on the first 80K, (Its probably a different figure by now) or auto ...
by nova1968
Tue May 22, 2018 8:26 am
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 15149

Re: The Millionaire Next Door and civil servants

There actually are several thousand millionaires that are civil Servants. https://federalnewsradio.com/mike-causey-federal-report/2018/03/tsp-millionaire-population-boom/ So where do you stand in the race to a million dollar-plus nest egg? At the end of last year, 2.8 million TSP participants had $...
by nova1968
Tue May 22, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Total Bond Market
Replies: 12
Views: 2150

Re: Total Bond Market

TBM was up 5% during the 2008 crash, you are not likely to lose 50% when the market takes a dive.
The disadvantage would be low returns compared to equities over the long term.
by nova1968
Tue May 22, 2018 7:31 am
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 15149

Re: The Millionaire Next Door and civil servants

There actually are several thousand millionaires that are civil Servants. https://federalnewsradio.com/mike-causey-federal-report/2018/03/tsp-millionaire-population-boom/ So where do you stand in the race to a million dollar-plus nest egg? At the end of last year, 2.8 million TSP participants had $5...
by nova1968
Mon May 21, 2018 7:50 am
Forum: Investing - Theory, News & General
Topic: Good read on why to keep a simple indexed fund portfolio
Replies: 11
Views: 2419

Re: Good read on why to keep a simple indexed fund portfolio

It did not tell me anything I did not know about investing but increased my vocabulary when I looked up Occam's razor
by nova1968
Wed May 16, 2018 8:08 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60 (update)
Replies: 121
Views: 10412

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

The Lexus can be repaired at a Toyota dealership for a very reasonable rate. German Vehicles such as the Audi can be very costly to repair. I own a 2012 Lexus RX 350 and the maintenance costs have been minimal.
by nova1968
Wed Apr 25, 2018 6:31 am
Forum: Personal Finance (Not Investing)
Topic: Cashing out of the Bay Area
Replies: 84
Views: 11807

Re: Cashing out of the Bay Area

My friend misses fresh produce, her friends, and the weather but overall life is great. The weather in the Bay Area (Peninsula, specifically, in my case) is pretty awesome, even though there can be very rainy winters, too. I now have to occasionally shovel snow in the winter, but I can also enjoy w...
by nova1968
Mon Apr 23, 2018 7:04 am
Forum: Personal Consumer Issues
Topic: Traveling to Asia-need advice
Replies: 46
Views: 4262

Re: Traveling to Asia-need advice

The lonely planet guide book for his destinations should be very informative and is geared towards budget travel. The also have a website. I have been to all the countries mentioned and they are relatively safe.
by nova1968
Wed Apr 11, 2018 7:59 am
Forum: Investing - Theory, News & General
Topic: Fisher Investments hard sell
Replies: 40
Views: 43284

Re: Fisher Investments hard sell

Fisher investments is like an Octopus, they have their hands everywhere. Just this morning they had a full page add in my local paper. The key marketing technique to attract attention is the number $500,000. if you inquire about their services you will be bombarded with mail and follow up phone call...
by nova1968
Wed Apr 11, 2018 7:48 am
Forum: Investing - Theory, News & General
Topic: Can Big Tech Stocks Grow Without Limits?
Replies: 38
Views: 3612

Re: Can Big Tech Stocks Grow Without Limits?

Hard to argue against tech stocks but then you never know. When Henry Ford invented the auto I'm sure most said "I don't see it." After the auto was invented there were hundreds of companies building automobiles and as we know only three survived, similar to the dot.com Back in the 90s who would ha...
by nova1968
Wed Apr 11, 2018 7:46 am
Forum: Investing - Theory, News & General
Topic: Can Big Tech Stocks Grow Without Limits?
Replies: 38
Views: 3612

Re: Can Big Tech Stocks Grow Without Limits?

tennisplyr wrote:
Wed Apr 11, 2018 6:46 am
Hard to argue against tech stocks but then you never know. When Henry Ford invented the auto I'm sure most said "I don't see it."
by nova1968
Wed Apr 11, 2018 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - On the fence, need sanity check
Replies: 53
Views: 10063

Re: Early Retirement - On the fence, need sanity check

I retire this year at the same age from the Federal Govt and your retirement scenario is almost identical to mine. It appears your social security supplements ends at 62 The CD and TSP add up to 710K and you need 75K a year. here is what I would do Age 56 to 62 54K pension + 21K = 75k ( withdraw 3%=...
by nova1968
Mon Apr 02, 2018 7:21 am
Forum: Personal Consumer Issues
Topic: Neighbor recently burglarized- Suggestions for home security
Replies: 101
Views: 10416

Re: Neighbor recently burglarized- Suggestions for home security

One thing you can do is to keep valuables out of site. I had my house broken into a couple years ago. I suspect kids who were hanging out at the community pool. They went through a back window. I had my Rolex, Guns, I Pad and other valuables hidden in areas that would take several hours to find. My ...
by nova1968
Sat Mar 24, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Miami in early April
Replies: 4
Views: 614

Re: Miami in early April

Spring break is usually the last 2 weeks in March. In April the snowbirds head North so you should be good and its likely you will find lower hotel rates since the season ends around the beginning of April
by nova1968
Tue Mar 13, 2018 8:08 am
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 10162

Re: Can I take an 85+% pay cut for fun?

I have a friend who quit a 200K a year job in a prestigious law firm to become a Priest, he says he fulfilled and happy to be away from the self absorbed corporate world.
by nova1968
Wed Mar 07, 2018 8:13 am
Forum: Investing - Theory, News & General
Topic: 2018 BOGLEHEADS CONFERENCE UPDATE 9-3-18
Replies: 116
Views: 30265

Re: 2018 BOGLEHEADS CONFERENCE ANNOUNCEMENT

Wow that went fast, sold out in less than 6 hours, 702PM to 1244 AM, Unfortunately I read my forums in the morning

x
by nova1968
Thu Mar 01, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: House vs Condo vs Townhouse
Replies: 36
Views: 3243

Re: HOUSE vs CONDO vs TOWNHOUSE

If you owned a house you could hire out yard work for much less than HOA fees and assessments and you would be able to enjoy having your own space
by nova1968
Thu Mar 01, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: What age is too old to stop hostelling?
Replies: 54
Views: 5553

Re: What age is too old to stop hostelling?

Hostel experiences can vary, the front desk person can be anyone from a laid back hippy to a strict disciplinarian. I travelled Europe one summer in college and stayed at various hostels and enjoyed networking with other travelers. They are a great source of info and much more personable than hotels...
by nova1968
Wed Feb 28, 2018 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Federal Employees, leading up to retirement?
Replies: 117
Views: 10093

Re: Federal Employees, leading up to retirement?

I believe more FERS retirees would save sick leave if they were compensated for it the same as annual leave. For example if one retires at 100K per year which would round out to $50 an hour with 2772 hours on the books (50hr* 2772) is a $138,600 pay out at retirement. Definitely an incentive to save...
by nova1968
Tue Feb 27, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Federal Employees, leading up to retirement?
Replies: 117
Views: 10093

Re: Federal Employees, leading up to retirement?

I hope to have around 2,772 hours of sick leave by the time I retire. I stopped using sick leave some time ago. So I’ll retire with 40+ years, but only 38.x from working. My wife and I both have FERS and she can retire a year earlier than me with 40 years. This is far, far off in the future but it ...
by nova1968
Mon Feb 26, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: TCEHY -- "google" of China ?
Replies: 17
Views: 2113

Re: TCEHY -- "google" of China ?

Back in the day when I used to buy individual stocks BAIDU was a well performing Chinese stock which I believe was the main internet search engine in China. Not sure whats going on with it these days.
by nova1968
Thu Feb 15, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Anyone Using ALLY Investment Account?
Replies: 12
Views: 2968

Re: Anyone Using ALLY Investment Account?

I opened an account at Ally to park some cash, When I went to make my initial deposit I could not access the website, not a good way to start a banking relationship. I like to be able to check my assets periodically without the trouble of a frequently down web site. I opened an account at Goldman Sa...
by nova1968
Wed Feb 14, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 12 month CD now 2.00%
Replies: 64
Views: 15046

Re: Ally Bank 12 month CD now 2.00%

There are a lot of favorable post on the BH site about Ally Bank, I took the advice and opened an account and attempted to place 25 K in savings account and 25k in a CD, its not a good impression when you make several attempts to log on and cannot access the account to make your first deposit. I am ...