Search found 876 matches

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: 41
Views: 1302

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: 30
Views: 1879

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: 30
Views: 1879

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: 30
Views: 1879

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: 18
Views: 3025

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: 6
Views: 442

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: 6
Views: 442

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: 7364
Views: 1546044

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: 7619

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: 7619

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: 7656

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: 4645

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: 3881

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: 3400

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: 8988

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: 8988

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: 8988

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: 2277

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: 3555

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: 2690

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: 8972

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: 13
Views: 2583

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: 55990

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: 2349

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.
by bligh
Sat Sep 15, 2018 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Pre-Retirement Review
Replies: 9
Views: 1233

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: 71
Views: 5495

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: 3674

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: 11439

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: 11439

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: 4717

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: 155
Views: 16479

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: 18487

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: 10150

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: 4059

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: 10150

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: 5921

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: 10150

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: 18487

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: 3181

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: 1072

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: 4243

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: 4884

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: 63
Views: 8731

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: 1257

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: 1257

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: 9144

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: 22275

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: 21917

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: 1036

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: 4192

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 ...