Search found 902 matches

by bligh
Thu Nov 08, 2018 12:02 pm
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 131
Views: 9504

Re: Favorite "free stuff"?

Google's Search engine & Gmail.

Yes I realize I am the product with those.. but it isn't like there is a good paid alternative that is equal in quality.
by bligh
Wed Nov 07, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Max out 529?
Replies: 9
Views: 816

Re: Max out 529?

Gotcha. Would it be taxed as Long-term gains income or Short-term gains? It would be at your marginal income tax rate. Not capital gains (long or short) tax rate. You sound like you are in a high income tax bracket. If you do have excess money in a 529 plan after your kids are done with college, I ...
by bligh
Wed Nov 07, 2018 3:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 354
Views: 38734

Re: U.S. stocks continue to soar!

It's days like today that I wish I wasn't holding international at market weight! :D

Go USA! :sharebeer
by bligh
Tue Nov 06, 2018 3:49 pm
Forum: Personal Consumer Issues
Topic: organizations that help sea animals
Replies: 11
Views: 739

Re: organizations that help sea animals

I've been a supporter of the Ocean Cleanup project since the early days. Cleaning up the mess we've made absolutely helps marine life. https://www.theoceancleanup.com/ It is definitely a moonshot type of project but they recently launched their first cleanup system. Hopefully it works great and they...
by bligh
Tue Nov 06, 2018 2:26 pm
Forum: Personal Consumer Issues
Topic: Tips on alleviating caffeine withdrawal symptoms?
Replies: 18
Views: 1216

Re: Tips on alleviating caffeine withdrawal symptoms?

I drink 1-2 cups of coffee a day and enjoy it very much. Some days I skip coffee and can cruise along fine but there are other days when the caffeine withdrawal symptoms hit me so severely. Once the symptoms hit, drinking caffeine does not help me and I have no choice but suffering through them unt...
by bligh
Tue Nov 06, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7358

Re: Never thought of living in Bay Area but just got a call from Tesla

If I were you, I'd stay put. Unless the salary is so much greater that it is basically an offer you cannot refuse, or you hate your job right now, do not leave the good thing you have going right now. Why? 1) Bay Area.. Beautiful place.. ridiculous cost of living 2) Tesla .. I am an Elon Musk fan, a...
by bligh
Sat Nov 03, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]
Replies: 74
Views: 8391

Re: WSJ FIRE

If portfolio drops and 4% swr isn’t enough then can you imagine trying to get another job after not working years in your 50s? You’ll be competing with college grads for burger flipping jobs given the probable state of economy in this environment. :D I'd just go get a contract job maintaining legac...
by bligh
Fri Nov 02, 2018 5:48 pm
Forum: Investing - Theory, News & General
Topic: The biggest rallies in stocks have happened during the worst times to be invested
Replies: 15
Views: 2311

Re: The biggest rallies in stocks have happened during the worst times to be invested

The market is always going to be headed down... eventually. The next bear market will come just like before.. and hopefully we recover just like before. In the end we are all dead. Instead of making such a claim, I would suggest claiming something more concrete...making a a call like s&p 500 will hi...
by bligh
Thu Nov 01, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7569

Re: I Bond fixed rate = 0.5%

The tax deferral aspect is huge for people like me who are in a very high tax bracket and who plan on retiring early in a no tax state at a much lower tax bracket. Being in a lower federal income tax bracket will help when you redeem the bonds, but being in a no tax state does not matter because in...
by bligh
Thu Nov 01, 2018 3:46 pm
Forum: Investing - Theory, News & General
Topic: 2019 Retirement Contribution Limits Announced
Replies: 54
Views: 6998

Re: 401(k) contribution limit increases to $19,000 for 2019; IRA limit increases to $6,000

Woo hoo! First the iBond Fixed rate goes up, and now this.

I'll take it! :)
by bligh
Thu Nov 01, 2018 12:32 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7569

Re: I Bond fixed rate = 0.5%

For comparison, 5-10 year TIPS have a around a 1.1% yield. A 0.5% rate isn't bad due to the flexibility I-Bonds have with terms but I don't think it's enough to get me to want to deal with treasury direct either. https://www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextVi...
by bligh
Thu Nov 01, 2018 12:31 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7569

Re: I Bond fixed rate = 0.5%

That is great news!

I look forward to buying mine in January! Too bad I already bought in for 2018.
by bligh
Wed Oct 31, 2018 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2304

Re: How much for retirement ?

I don’t think I’m uncomfortable now with saving. With my savings rate and no debt, I am able to still save about 700 a month after expenses and discretionary “fun money”. I could probably bump up to 20% 403B and then get the 5.5% match and the Roth would put me around 35%-40% including general savi...
by bligh
Wed Oct 31, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire??
Replies: 26
Views: 3097

Re: Can I retire??

If I were you, I would do the following things before retiring. 1) Know what my "base expenses are" and be okay with shifting to those if another "Great Recession" type event happens. For example, this could let you fall back to a super conservative 2% withdrawal rate if stocks fell 50% next month. ...
by bligh
Wed Oct 31, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Girlfriend's Student Loans
Replies: 101
Views: 9195

Re: Girlfriend's Student Loans

I believe in pooling finances together when you are married. From your post it sounds like you believe in it too.. so my input assumes that. If you do not believe in pooling finances in marriage, then you have your solution. Her student loans aren't really your problem. Make sure you have a good pre...
by bligh
Wed Oct 31, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: How much for retirement ?
Replies: 21
Views: 2304

Re: How much for retirement ?

I'd say aim for 50%. When you're young, it's easiest to achieve this. People expect you to cut corners and live as frugally as possible. Since your peers are also living frugally, you're not necessarily going to miss out Sorry to be a party pooper but I will add my +1 to this. 1) You are young. Due...
by bligh
Tue Oct 30, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: Canada Goose Jacket
Replies: 57
Views: 4365

Re: Canada Goose Jacket

Typical heavily branded overpriced status symbol. You can get same or actually better high quality winter parka from Mountain Hardware, Marmot, or North Face for half the price. I guess it's all right when an adult buys one with their own funds, but my son tells me that at Yale, students wearing Ca...
by bligh
Mon Oct 29, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604445

Re: U.S. stocks in freefall

Seeing more threads of posters wanting reassurance or asking if they should change something. Makes me wonder what it will be like around here when something really happens. We actually don't really know that something isn't really happening right now. This could be the start of the next leg up... ...
by bligh
Sun Oct 28, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: Are you too wealthy for a LIQUID emergency fund?
Replies: 29
Views: 4874

Re: Are you too wealthy for a LIQUID emergency fund?

I have a large enough taxable account that I dont really need a separate liquid cash account to deal with a true emergency. However I do keep some funds in a savings account. I think of it as "Cash reserves" instead of as an emergency fund. My cash reserves aren't really just for emergencies, they a...
by bligh
Fri Oct 26, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 61
Views: 9497

Re: Thinking of Retiring at 52, Please Critique Plan

With the amount of money you have I would get the ball rolling on retirement right away. You will never get back the time you will miss spending with your kid and your parents. You already know in your heart what is more important. Having said that, before retirement I'd likely do the following: 1) ...
by bligh
Wed Oct 24, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604445

Re: U.S. stocks in freefall

I will admit. I am hurting just a tad. Not enough to want to adjust anything but I admit that while I was showering... I entertained the thought - "Maybe I should just put everything into Wellington and call it a day"...The dollar losses I am experiencing are the largest of my life. I have lost more...
by bligh
Tue Oct 23, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604445

Re: U.S. stocks in freefall

When the market was up a few weeks ago, you could hardly find a reason how it could be down. When the market is down like today, you could not hard find a reason how it should be up. There are lots of reasons it should go down, as you listed, plus the trade issues. Actually, I was questioning why a...
by bligh
Sun Oct 21, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Pull kids from school for vacations?
Replies: 136
Views: 6025

Re: Pull kids from school for vacations?

I read this thread as a new member of the forum and a recently retired teacher (high school and middle school). I taught at high achieving suburban public schools and an elite private school for thirty years. My perspective is informed by the experience with many parents' sense of entitlement. I us...
by bligh
Wed Oct 17, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11270

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

Perhaps someone will clarify: I seem to be in a minority around here in that I do hold international stocks but I am also skeptical/unconvinced that it is going to better help me achieve my goals. I do not see myself removing this allocation but I also am not overly enthusiastic about having it, ei...
by bligh
Wed Oct 17, 2018 11:26 am
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11270

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

I just don't understand why so many on both sides of the issue are so militant about it. And with the one exception above, exceptionally few people seem apt to change their minds about the issue. It's just the way of the world. No different than the political landscape in the US. The forum is a mic...
by bligh
Wed Oct 17, 2018 11:21 am
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11270

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

So if I buy a share of Petróleo Brasileiro S.A.—Petrobras—a semi-public Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil, I’m not transferring my wealth to the Brazilian government? Really? Where does the money go? If I buy a share of Vanguard In...
by bligh
Tue Oct 16, 2018 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?
Replies: 55
Views: 2921

Re: "MegaMillions and Powerball jackpots combined are now $1B" - Good investment?

And just what would one do with a billion dollars - really. Exactly, it's much too much money. It has the potential to thoroughly ruin your lfe. Remember Jack Whittaker.... https://en.m.wikipedia.org/wiki/Jack_Whittaker_(lottery_winner) I don't play the lottery (well maybe like once a year or somet...
by bligh
Tue Oct 16, 2018 3:06 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11270

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

1) The future may not look like the past Response: funnily enough they said the same thing after the crash of 1929 and America has done just fine over the last almost 90 years Again .. The future may not look like the past. It wouldn't have been obvious how Britain could have fallen when it was at ...
by bligh
Tue Oct 16, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11270

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

To save everyone the effort of repeating all the back and forth that has happened on the prior threads I will summarize the counter arguments: 1) The future may not look like the past 2) Australia has outperformed the US historically 3) Plenty of good companies outside the US too 4) If you are okay...
by bligh
Tue Oct 16, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"
Replies: 203
Views: 11270

Re: "Why Jack Bogle Doesn't Own Non-U.S. Stocks"

To save everyone the effort of repeating all the back and forth that has happened on the prior threads I will summarize the counter arguments: 1) The future may not look like the past 2) Australia has outperformed the US historically 3) Plenty of good companies outside the US too 4) If you are okay ...
by bligh
Tue Oct 16, 2018 10:39 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 9963

Re: Larry Swedroe: Prepare For The Bear

I always enjoy reading your thoughtful analysis. I agree with most of what you have written above. I am curious where you are seeing considerable investor complacency. Aside from the recent bravado, and cheer-leading, wishing for a major crash to create a buying opportunity (i suspect much of it fr...
by bligh
Thu Oct 11, 2018 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: What ETF to keep in a Merrill Edge account for Platinum Honors
Replies: 10
Views: 956

Re: What ETF to keep in a Merrill Edge account for Platinum Honors

I think what triceratop was getting at is, you may be putting the tax cart before the asset allocation horse. What is your marginal Fed/State tax bracket?
by bligh
Thu Oct 11, 2018 11:55 am
Forum: Investing - Help with Personal Investments
Topic: What ETF to keep in a Merrill Edge account for Platinum Honors
Replies: 10
Views: 956

Re: What ETF to keep in a Merrill Edge account for Platinum Honors

If you want something that is more "cash like" in its NAV fluctuation and has a much lower ER look at "SUB" . You wont get the CA tax exemption but the shorter duration, increased diversification across states and lower ER might be worth it to you. As a Platinum Honors rewards member any ETF can be ...
by bligh
Wed Oct 10, 2018 10:34 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7810
Views: 1604445

Re: Stocks tumbling?

I think it is all about the rising interest rates and the trade war right now... Possibly fear of a political gridlock if the Democrats take the house? Though I seriously doubt that is the impetus behind the selling. With the 10 year expected returns as low as they are, the age of this bull market, ...
by bligh
Mon Oct 08, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7752

Re: Evaluate net worth - FIRE really that close?

Again, thanks all for the responses. I probably will not actually retire at 40, but am burning out at my current company. I'm sure I will work for 10+ more years. I guess I'm more interested in the FI part of FIRE, with maybe the ability to take a lower paying job in an area I find interesting but ...
by bligh
Fri Oct 05, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7752

Re: Evaluate net worth - FIRE really that close?

If you can reach $3 mil in invested assets (not net worth... ie. do not count home equity or college fund in there) and keep your expenses under $100K inflation adjusted you will almost certainly be fine and end up leaving a huge inheritance for your kids. The two things I would mention are : Kids E...
by bligh
Wed Oct 03, 2018 4:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. bonds in freefall
Replies: 44
Views: 7811

Re: U.S. bonds in freefall

I did end up buying EE Bonds earlier this year. Doesn't look like I will be buying them next year though.. not if yields continue to rise like this.
by bligh
Wed Oct 03, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Plan For Depleting Your Investments If No Heirs?
Replies: 39
Views: 4726

Re: Plan For Depeting Your Investments If No Heirs?

I expect that if I live long enough (sometime into 70s), or possibly if interest rates got high enough, I would consider a SPIA to guarantee a high level of income for however long I live. Agreed. If I was okay with depleting all my assets upon my death, At retirement, I would setup a couple of COL...
by bligh
Tue Oct 02, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Tipping
Replies: 55
Views: 3994

Re: Tipping

I would tip the owner of the business (if s/he was the one providing me with the service), especially if I am trying to establish a relationship. I personally dislike the tipping culture too, but it is what it is. Since I know tips are expected, I tip generously and mentally just account for that co...
by bligh
Mon Oct 01, 2018 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: New Dual Physican Couple
Replies: 39
Views: 3472

Re: New Dual Physican Couple

Thanks everyone, I guess the last few years of the market have made me think that investing may be the better route as long as the loans are below 7-8% or so. It sounds like everyone is unanimous in agreeing to pay off her med school debt ASAP? Yes. I would max out the pretax/tax advantaged first, ...
by bligh
Mon Oct 01, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9518

Re: Suze Orman - "I hate the FIRE movement."

She'll say anything to stay in business. Just more click bait comments that aren't true. Some of the BH community would do a lot of good to understand context and audience for people like Orman/Ramsey. More than 90% of the population has no where close to 10x income by aged 65. FIRE'ing early is si...
by bligh
Mon Oct 01, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9518

Re: Suze Orman - "I hate the FIRE movement."

There are many reasons Suze provided for her position. But basically, she believes that the likelihood of a person's financial career being derailed is too high for all but the very wealthy (i.e. decamillionaires) to stop working before they have to. She believes that most people should plan on wor...
by bligh
Mon Oct 01, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9518

Re: Suze Orman - "I hate the FIRE movement."

I am not sure why she is making the FI podcast circuit promoting her book. The crowd that listens to those types of shows are far too financially savvy and tuned in to be of use to her. Her target audience is the financially uneducated. Having said that, I did enjoy her Can I afford it segment on he...
by bligh
Sat Sep 29, 2018 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Pay extra on mortage if I'm already maxing 401k and Roth?
Replies: 16
Views: 2322

Re: Pay extra on mortage if I'm already maxing 401k and Roth?

I would pay down the mortgage if I were in your shoes. Why? Because if I owned my house outright, I would not have borrowed the money to invest into my taxable account. Having said that, investing the money in a taxable account while staying leveraged on your home will most likely have a superior fi...
by bligh
Wed Sep 26, 2018 2:20 pm
Forum: Investing - Theory, News & General
Topic: 529 plan use in 2018 - Homeschooling
Replies: 28
Views: 3627

Re: 529 plan use in 2018 - Homeschooling

All four of our children started college at 14-15 years of age, all graduated in STEM areas, 3 of the 4 are actual professionals, and all plan on unschooling their own children as we did. By unschooling I mean we used a modified Montessori approach to education. MrPotatoHead, 1. Did you design the ...
by bligh
Wed Sep 26, 2018 11:24 am
Forum: Investing - Theory, News & General
Topic: Is high inflation a good thing while working?
Replies: 40
Views: 2742

Re: Is high inflation a good thing while working?

Inflation is a less bad thing if you have inflation-adjusted income. I'm not sure if it's a good thing. The Fed aims for steady predictable inflation of ~2%. That is generally thought to be a good thing. Is it that moderate inflation is thought to be good in itself, or that it is a reflection of a ...
by bligh
Mon Sep 24, 2018 10:10 pm
Forum: Personal Consumer Issues
Topic: Losing Passion for Hobbies. Cheap or normal aging?
Replies: 71
Views: 9048

Re: Losing Passion for Hobbies. Cheap or normal aging?

In my case I find that my interest in hobbies is linked with my overall energy levels. If I am working long stressful hours at a job I tend to become less interested in hobbies. When I am well rested and have plenty of energy I also want to get involved in and do more things. Kids take a lot of ener...
by bligh
Fri Sep 21, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Thank you from a widow
Replies: 24
Views: 4840

Re: Thank you from a widow

I am so very sorry for your loss. I am not going through a difficult time as you are, however, I will join you in thanking all those who share their wisdom here. It is humbling to think of just how much of a financial impact the knowledge and wisdom this community shares has had on me and my family....
by bligh
Fri Sep 21, 2018 11:01 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 58081

Re: Post your Financial Milestone Announcements Here

Just passed 100k in investments at age 28, was a long road with serious financial roadblocks due to family issues that stopped any real savings from happening until around 24. While a lot of posting about 500k and 1 million I figured I would post my small accomplishment by comparison so all those l...
by bligh
Thu Sep 20, 2018 1:19 pm
Forum: Personal Consumer Issues
Topic: YouTube Home workout vidoes
Replies: 33
Views: 2418

Re: Home workouts

Sounds to me like you just described "Insanity". It is also by Beachbody, the same guys who made P90X. I can recommend it for a high intensity cardio workout routine.

They have a few variants and versions. I think there is a 30 minute version too, but they all mostly fall in the 30-50 minute range.