Search found 852 matches

by bligh
Sat Sep 15, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-Retirement Review
Replies: 9
Views: 1154

Re: Pre-Retirement Review

Your numbers are indeed looking pretty tight for an early-ish retirement. What will your SSN amount be @ 62, 65, 67 and 70? I would try wait to collect social security until it covered the majority or all of my $3K in monthly expenses. (Between your spouse's SSN and yours) If I were you I would do t...
by bligh
Sat Sep 15, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: [Wearing] Shorts in Egypt
Replies: 70
Views: 4824

Re: [Wearing] Shorts in Egypt

Shorts should be fine in most areas unless you are a woman in which case I wouldn't recommend it. You would stand out in shorts. You would stand out in technical looking hiking pants and a big sun protective hat too. Basically you will stand out. I'd wear regular linen / cotton shirt with jeans and ...
by bligh
Thu Sep 13, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: Should I get a new iPhone?
Replies: 43
Views: 3286

Re: Should I get a new iPhone?

I'm currently on an iPhone 6 Plus which works fine for how much I use it (light use). But am considering upgrading. Plusses for upgrading: - Better camera, especially the shallow depth of field features. Do the phones with the additional telephoto lens have better bokeh? - Faster, my current phone ...
by bligh
Thu Sep 13, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 10622

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

I'm curious if folks that are FI, or close to it, and who have fought to climb a corporate ladder have found their desire waning. I'm in my mid 40s and this is probably prime promotion and climbing years. But given our financial situation, I don't see the point. I enjoy working and what I do, but I...
by bligh
Thu Sep 13, 2018 11:38 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 10622

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

Bogleheads: When I felt I had reached FI (Financial Independence) in my job as chief of SBAs South Florida Financial Division, I decided I would blow the whistle on an agency program that was wasting millions of taxpayer money "42% of SBA borrowers ended up in default and out of business". Accordin...
by bligh
Tue Sep 11, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars
Replies: 53
Views: 4517

Re: Barron's--Vanguard Is Losing Battles on Two Fronts in Fee Wars

The minimums are a complete non issue. Just buy ETFs... If you MUST own a mutual fund, they are at most, a factor in the first year or three of an investors life and after that they become irrelevant. Even then there are decent Life strategy funds with low minimums. The expense ratio is a small issu...
by bligh
Sat Sep 08, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: Your Favorite [Travel Destination] on Earth: Where and Why?
Replies: 125
Views: 13370

Re: Your Favorite [Travel Destination] on Earth: Where and Why?

Ugh.. this thread just stokes the fires of my wander lust so bad, it hurts... :shock: I need to book my next trip... I have enjoyed most of the places I have traveled, though truth be told I have not traveled much. It is so hard to pick a favorite so I wont. I have loved all the places I've been to ...
by bligh
Thu Sep 06, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18011

Re: How to Retire in Your 30's with $1 Million in the Bank

Keep working. Keep earning. Till you can't anymore. What's wrong in that ? All of our previous generations did it. Why this sudden urge to not work ? We used to call them lazy bums good for nothing slackers. And now we're worshiping them ? Whats wrong with you guys ? Whatever happened to the good o...
by bligh
Thu Sep 06, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9741

Re: Max you should invest in a 529?

Klangfool, the ability to cashflow the kids education does not affect the desirability of a 529 plan in my opinion. In my case I hope to be in a position to be able to cashflow my kids education. But I am aggressively funding a 529 plan anyway... here is my thinking : Lets say I put in $5K right no...
by bligh
Thu Sep 06, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 3899

Re: Psychology of saving for college vs retirement

I will tell you about my psychology behind it. I look at College for my kids as an expense I cannot wiggle around or avoid. It is something I will provide for them to the best of my ability, just as I would food, shelter, clothes, toys, schooling or anything else I provide. I wouldn't skimp on those...
by bligh
Thu Sep 06, 2018 12:43 am
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9741

Re: Max you should invest in a 529?

Klangfool, the ability to cashflow the kids education does not affect the desirability of a 529 plan in my opinion. In my case I hope to be in a position to be able to cashflow my kids education. But I am aggressively funding a 529 plan anyway... here is my thinking : Lets say I put in $5K right now...
by bligh
Wed Sep 05, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Elderly (innocent) relative received this horrible email
Replies: 51
Views: 5781

Re: Elderly (innocent) relative received this horrible email

It is an obvious scam.

It is also a rip off of the plot line for a Black Mirror (Netflix) Episode "Shut up and Dance".

Ignore it ...

BTW, Black Mirror is an awesome show. :sharebeer
by bligh
Wed Sep 05, 2018 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Max you should invest in a 529?
Replies: 181
Views: 9741

Re: Max you should invest in a 529?

I personally use a 529 plan and it is (for now) a significant percentage of my net worth. The tax advantages are too big to ignore for me, and that is kind of their point. The Asset allocation is on a nice glide path to become more conservative as my kids get closer to college, and this will all hap...
by bligh
Tue Sep 04, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18011

Re: How to Retire in Your 30's with $1 Million in the Bank

- FIRE - from my perspective, one isn't "financially independent" with $1 million at age 30. Sure, they have a great head start, for which they should be congratulated. But the future is murky, and a lot can happen (which I listed above - biggest of which are long term market crash and health event...
by bligh
Fri Aug 31, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer US dollars to a country with 7% CD rates
Replies: 31
Views: 3092

Re: Transfer US dollars to a country with 7% CD rates

I traveled to India in December, 2017. $1 was getting me 65 INR. INR devalued by over 7% in less than a year. Do I want to invest in INR? I don't think so if I believe INR won't hold its value compared to USD. Namaste! As stated earlier, I don't have much idea about international economics. Why do ...
by bligh
Thu Aug 30, 2018 12:05 pm
Forum: Investing - Theory, News & General
Topic: Which FI number in the face of market fluctuations
Replies: 14
Views: 1028

Re: Which FI number in the face of market fluctuations

Be comfortable just "being in the ball park" by having a safety margin built into the equation. Be willing to say "Close enough!" and step into your retirement. In my case I am doing it via three things . 1) Ignoring Social Security and a small pension in my numbers. 2) Setting up a conservative wit...
by bligh
Wed Aug 29, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4051

Re: Bone in my food

A friend of mine was having a salad at a local restaurant and we found a Live grasshopper in there. At first we were a bit surprised.. then we laughed, had the manager take it away and apologize.. My friend responded "Nothing to apologize about.. the fact that the Grasshopper was in there and still ...
by bligh
Tue Aug 28, 2018 11:06 pm
Forum: Investing - Theory, News & General
Topic: Done saving for retirement according to firecalc?
Replies: 51
Views: 4795

Re: Done saving for retirement according to firecalc?

Assuming I don’t save another penny, my portfolio today will allow me to spend 125k starting at 59 (which is roughly 15 yrs away and would allow access to retirement funds) according to firecalc. Success is nearly 100% when I include ss and small pension. Portfolio would be 60% stocks and 40% bonds...
by bligh
Sat Aug 25, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: Ladies: bra shopping question
Replies: 62
Views: 8165

Re: Ladies: bra shopping question

Depending on how much support and structure you are looking for have a look at Calvin Klein's Bralettes. Specifically the "Horizon Seamless" and the "Modern Cotton" ones.
by bligh
Fri Aug 24, 2018 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with $ 500k
Replies: 12
Views: 1226

Re: What to do with $ 500k

Interesting. Is your $500k in cash in your mattress? A bank CD and your checking account, savings account, money market account are very similar. I'm sure some (me) are curious what religious regions could keep you from buying a CD or bond fund. Do tell. Cash (50%) + Total US Stock index (35%) + To...
by bligh
Fri Aug 24, 2018 11:37 am
Forum: Investing - Help with Personal Investments
Topic: What to do with $ 500k
Replies: 12
Views: 1226

Re: What to do with $ 500k

Hello. 35 yrs old $500k in cash. Income is gross 250k however unstable and unrelaible. Indecision keeps me from investing. I get nervous putting into anything. I started being very aggressive with my money and made mistakes. Those mistakes have made me paranoid. I have more than 500k saved up and c...
by bligh
Fri Aug 24, 2018 11:22 am
Forum: Investing - Theory, News & General
Topic: The first million is the hardest?
Replies: 46
Views: 9008

Re: The first million is the hardest?

Compounding starts to work straight away. It is just that, in the beginning, it is producing numbers that are too small for you to notice or get excited about. It also is a gradual increase, not a single point at which it becomes noticeable. In other words, it becomes more and more noticeable over t...
by bligh
Fri Aug 24, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 21865

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

Still so surprised to see the bulk (90%?) of replies saying it's not significant, nor did they feel the need to celebrate in any way, or that they barely noticed. There is mental "Yay" and there is a celebration. Personally I think a mental "Yay!" is in order when: -You hit $1 million. - Then $1 mi...
by bligh
Thu Aug 23, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 21456

Re: Decent compensation to move to Bay Area CA?

I have a family of 4 and we live in Charlotte area. I make ~ $140k annually (can sacrifice my work life balance and make ~160k) as an IT guy (I'm a kind of tech lead \ architect). We live in a $320k 2400 sq ft 4bd house and are able to save few buck into taxable account (401k maxing out as well). I...
by bligh
Thu Aug 23, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Check in - more details this time.
Replies: 12
Views: 1004

Re: Check in - more details this time.

The big issue is that we are fine right now paying our bills, and each month an extra $300-500 goes to the HELOC, but knowing another baby is on the way and that means another daycare cost is the issue, so we are fine now, but will have to plan for a daycare that could cost between $900-$1,600 per ...
by bligh
Wed Aug 22, 2018 5:03 pm
Forum: Personal Consumer Issues
Topic: relationship issues - advise needed
Replies: 51
Views: 4084

Re: relationship issues - advise needed

I am sorry to hear of the rough patch in your relationship. Hope you guys are able to work things out. I personally know of one couple that was able to prevent divorce through the use of a therapy and counseling. So it does work in some cases. Each situation is different, but my advice would be for ...
by bligh
Wed Aug 22, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a good time to invest as stock market is all time high?
Replies: 46
Views: 4815

Re: Is this a good time to invest as stock market is all time high?

I was reading some of Warren Buffett's BRK transcripts and I did not realize that his recommendation is that index fund investors average into the market. Someone asked him this question, and he said that for those who are pursuing a passive index fund strategy, it is much better to spread out your...
by bligh
Wed Aug 22, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a good time to invest as stock market is all time high?
Replies: 46
Views: 4815

Re: Is this a good time to invest as stock market is all time high?

I was reading some of Warren Buffett's BRK transcripts and I did not realize that his recommendation is that index fund investors average into the market. Someone asked him this question, and he said that for those who are pursuing a passive index fund strategy, it is much better to spread out your...
by bligh
Wed Aug 22, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Varying college costs across kids in the same family
Replies: 92
Views: 5099

Re: Varying college costs across kids in the same family

OP, Another approach: Each kid gets $X for the college education. They could spend it all or keep the rest. They have to decide whether it is worthwhile to pay extra for the Ivy league and/or out-of-state education. KlangFool This is the approach I am planning on using. Think of it as each kid gett...
by bligh
Thu Aug 16, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a 529 question
Replies: 2
Views: 317

Re: Starting a 529 question

Hello, beginner here in process of reading the Boglehead’s Guide book and seaking some advice. I’m 31 and we just welcomed our first daughter this year and I want to open a 529 education savings plan (state of Illinois- Bright Start). My husband has bias from talking to coworkers that think it’s a ...
by bligh
Thu Aug 16, 2018 6:34 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops:


:sharebeer
by bligh
Thu Aug 16, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

The approach is based on the notion that the market does an effective job of pricing securities. There is absolutely no reason to think that rationale would fail beyond the US borders. Then why have risk adjusted returns for U.S. equities been dramatically higher than international equities for 30 ...
by bligh
Thu Aug 16, 2018 5:37 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

International market funds just as US market funds are based on market cap and most are dominated by Large Global companies with huge export businesses. A good portion of US earnings come from outside the country and vice versa for other Global companies. To limit your investment to just a select f...
by bligh
Thu Aug 16, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

This! Performance has nothing to do with the Bogleheads strategy. It says, buy and hold your asset allocation and dont mess with it. Be content that you are going to get the market returns. It is highly unlikely that you will be able to beat the market in the long run, so diversify , keep your cost...
by bligh
Thu Aug 16, 2018 3:20 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

Ex-US didn't just under-perform the US. It performed poorly. Period. The return was poor, particularly when considering the high volatility. It was a bad investment in the long run, not just the short run. Regarding past performance... The whole Boglehead strategy extrapolates from past performance...
by bligh
Thu Aug 16, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

So now one of the arguments for international is that the US dollar might collapse, while the rest of the world hums along....surely no one actually believes that. The Dollar doesn't have to collapse, just weaken. Even Weaken is a misleading term. More like a "less favorable exchange rate". Which f...
by bligh
Wed Aug 15, 2018 10:33 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

....restive provinces, territorial disputes, corruption, lack of trust in government, demographic problems, and many others.... All of those things were true about the United States at the dawn of the 20th century and they didn't prevent our stock markets from dominating the world's other markets. ...
by bligh
Wed Aug 15, 2018 9:34 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

Depends on your dating of the Fall of Rome ;-). Note that the Roman Republic lasted a lot shorter time. The Roman Empire was very different - it was deliberately multicultural (making citizens of prominent members of *all* the subject peoples) and latterly Rome was capital in name only - the real c...
by bligh
Wed Aug 15, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

I would agree. I am currently ~55% U.S. / 45% Intl and am fine with a floating 50-60% U.S. allocation. I am however, nervous about having most of my assets and cash in the U.S. Something about that seems irresponsible. I am the same. (I keep it between 50/50 and 55/45) ... You and I are fortunate t...
by bligh
Wed Aug 15, 2018 9:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6844
Views: 1493758

Re: U.S. stocks in freefall

I put in a tiny bit into the market this morning. Nice to see a good RBD just as I had a bit of of cash available. Wish I had more cash I could put in but oh well.
by bligh
Tue Aug 14, 2018 7:52 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

With a keen knowledge of the concept of "Stay the Course" and "Don't Buy High and Sell Low" and most importantly "Don't Try to Time the Market" I cannot simply put my head in the sand and pretend that the last ten years or more have been anything other then a disappointment for those of us with Int...
by bligh
Tue Aug 14, 2018 7:40 pm
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 151
Views: 14626

Re: As an American, where are some great places in the world to retire?

Wife and I are Costa Rican citizens. Spanish is our mother tongue. We're home. No place in the USA. I "need" to be retired in a place where I can live in shorts and sandals all year long. We already live there. Costa Rica. Two other places. Panama and Mexico. Are you fluent in Spanish? IMO, that I ...
by bligh
Tue Aug 14, 2018 6:21 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

there appear to be two entrenched camps. one starts with US as the status quo or fundamental portfolio and sees no reason to add or supplement or deworsify into international markets. the other starts with global markets and sees no reason to reduce or ignore or avoid the dozens of other markets to...
by bligh
Tue Aug 14, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

Also, you suggest that something "Fundamentally different is going on." Amen... that's another great concern of mine and that is one of the itches I am trying to scratch while reading through responses. I think there is real and valid reasons to question International Investing - Why we ever went d...
by bligh
Tue Aug 14, 2018 4:35 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

Your post is implying that international cape ratio isn’t historically high as well. It uses that as one argument. Yes. Is the international cape ratio the second highest its ever been too? The essence of my point is that you are comparing US stock market performance at (possibly) the tail end of o...
by bligh
Tue Aug 14, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

The inception date of Vanguard Total Stock U.S. Stock Market Index Fund ( VTSMX ) was 4/27/1992. The inception date of Vanguard Total International Stock Index Fund ( VGTSX ) was 4/29/1996. Per Morningstar , as of 8/13/2018, if you had invested $10,000 in both funds on 4/30/1996, you would currentl...
by bligh
Tue Aug 14, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

To play devil's advocate, contrary to company or industry diversification, diversify at a country-level is sound in theory but hard in practice for the following reasons: Most likely, you are born and have lived in the same country in your whole life The friction or uprooting and moving to a new co...
by bligh
Tue Aug 14, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1043
Views: 79820

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

Reminder… Jack Bogle was … and still is a rebel. [Article] Have you ever wonder why certain things are as they are in your work environment? I often share the story of five monkeys and a banana. An experiment is conducted in which five rhesus monkeys were placed in a cage together with a banana han...
by bligh
Mon Aug 13, 2018 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 6219

Re: House Value & Mortgage as a Percentage of Net Worth

I have thought about making a new thread, but I figure my situation fits in well with the topic of this thread. We are in our 30's and I consider ourselves FI with a total NW of say 2-3M (with annual spend of $55k). I left my high paying job a few years ago, took time off, and now consult part time...
by bligh
Mon Aug 13, 2018 3:10 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 6219

Re: House Value & Mortgage as a Percentage of Net Worth

I have thought about making a new thread, but I figure my situation fits in well with the topic of this thread. We are in our 30's and I consider ourselves FI with a total NW of say 2-3M (with annual spend of $55k). I left my high paying job a few years ago, took time off, and now consult part time...