Search found 156 matches

by investorpeter
Sun Dec 01, 2019 9:56 pm
Forum: Personal Investments
Topic: Recommended tools to track AA and performance across multiple investments?
Replies: 12
Views: 732

Re: Recommended tools to track AA and performance across multiple investments?

1. Morningstar portfolio tool 2. Merrill Edge has a performance tab 3. Vanguard also has a performance tab Another easy method is to have mirrored accounts with equal starting balances that receive the same automated contributions. One account is your default strategy and the other account is your t...
by investorpeter
Sun Dec 01, 2019 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Is The Value of Your Net Worth Important to You?
Replies: 74
Views: 6150

Re: How Much Is The Value of Your Net Worth Important to You?

My ideal net worth curve is a bell curve.

Net worth is still worth tracking even after the accumulation phase, but only to adjust spending. If net worth continues increasing after retirement, I would either trim risk, increase spending or both.
by investorpeter
Tue Oct 01, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Luxury condo
Replies: 56
Views: 4958

Re: Luxury condo

It could be purchased for $520k, HOA assessments are $950 per month, taxes are $10k/year. The entire unit would rent for $3k/month. ...that's $1k/month profit, or $12k/year, before management fees––which would be essential. So I'd make a little north of $10k/year on a $500k+investment… a 2% cap rat...
by investorpeter
Tue Jun 25, 2019 8:50 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 102
Views: 10988

Re: Walking Cities, potential for retirees

Depends on your definition of walkable. You could define walkable as a function of distance to the closest supermarket, library or shopping mall. Or you could define it as how comfortably can you live in an area without owning a car, which would then include mass transit options. As a retiree, I wo...
by investorpeter
Mon Jun 24, 2019 11:15 pm
Forum: Personal Consumer Issues
Topic: Walking Cities, potential for retirees
Replies: 102
Views: 10988

Re: Walking Cities, potential for retirees

Depends on your definition of walkable. You could define walkable as a function of distance to the closest supermarket, library or shopping mall. Or you could define it as how comfortably can you live in an area without owning a car, which would then include mass transit options. As a retiree, I wou...
by investorpeter
Tue Apr 09, 2019 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, why won't anyone hire me?
Replies: 194
Views: 18995

Re: Bogleheads, why wont anyone hire me?

Just applying for jobs is not enough for a generic area like healthcare admin. You’ve got to get your foot in the door somehow, whether that’s by networking or internships or just persistence, but just sending out your resume is not enough. And you need a plan with realistic goal as well. Do you wan...
by investorpeter
Tue Apr 09, 2019 10:29 pm
Forum: Personal Investments
Topic: 457B Options - Severance from Employment
Replies: 15
Views: 983

Re: 457B Options - Severance from Employment

I would keep the money in the governmental 457b due to the unique benefit of early withdrawal without 10% penalty. So basically, the money is there for you anytime - you just have to pay the income taxes that were not paid. By rolling over into an IRA or 401k, you lose that ability. This is a great...
by investorpeter
Tue Apr 09, 2019 10:13 pm
Forum: Personal Investments
Topic: 457B Options - Severance from Employment
Replies: 15
Views: 983

Re: 457B Options - Severance from Employment

I would keep the money in the governmental 457b due to the unique benefit of early withdrawal without 10% penalty. So basically, the money is there for you anytime - you just have to pay the income taxes that were not paid. By rolling over into an IRA or 401k, you lose that ability. This is a great ...
by investorpeter
Tue Jan 15, 2019 8:21 pm
Forum: Personal Consumer Issues
Topic: Are You Dumping Netflix?
Replies: 218
Views: 19199

Re: Are You Dumping Netflix?

NFLX (the stock) is up 6.5% today likely as a direct result of reporting the subscription price increase so I guess the overall market anticipates very little churn as a result of the increase. Personally, I still find Netflix to be a great bargain, though I do watch less than I used to and all the ...
by investorpeter
Fri Jan 04, 2019 8:15 pm
Forum: Investing - Theory, News & General
Topic: If riskier than US, why doesn't international outperform?
Replies: 245
Views: 16990

Re: If riskier than US, why doesn't international outperform?

My thinking is that doing business in riskier markets does provide excess return for excess risk, but the benefits are not enjoyed by individual shareholders; rather, they are siphoned off by the controlling owners, management, government officials, etc. Of course, this happens to US business as wel...
by investorpeter
Sun Dec 02, 2018 7:23 am
Forum: Personal Consumer Issues
Topic: Why is Costco gas so much cheaper
Replies: 119
Views: 11641

Re: Why is Costco gas so much cheaper

Yup. At least at my costco. But it’s not obvious and not advertised. Get a receipt at the gas pump and check the bottom. I can usually save an additional $1.50 by showing the receipt to the cashier. Just have to remember to fill up BEFORE shopping, which is the opposite of how I used to do it.
by investorpeter
Sun Dec 02, 2018 7:05 am
Forum: Personal Consumer Issues
Topic: Why is Costco gas so much cheaper
Replies: 119
Views: 11641

Re: Why is Costco gas so much cheaper

Oh, I need to fill up on gas. Costco is nearby. They always have the lowest price. Not by much, but still, penny saved is a penny earned. [go to Costco gas, fill-up, save $1.50 on gas] Oh what’s that on the bottom of the receipt? If i show the receipt in the store, I can save $1.50? Good deal. Hmm, ...
by investorpeter
Fri Sep 28, 2018 9:31 pm
Forum: Investing - Theory, News & General
Topic: Sears, a 125 year old company is now a penny stock.
Replies: 127
Views: 16473

Re: Sears, a 125 year old company is now a penny stock.

If you owned Sears continually since the IPO in 1906, you would probably have done fine collecting the dividends, assuming you didn’t reinvest them, and may have done better than fine with spin-offs that eventually became Allstate and Morgan Stanley. Maybe not as well as owning the Dow or SP500, but...
by investorpeter
Thu Sep 06, 2018 5:01 am
Forum: Personal Consumer Issues
Topic: My recent experience with buying custom window blinds
Replies: 27
Views: 10284

Re: My recent experience with buying custom window blinds

+1 on blinds.com, not difficult at all to install with a ladder, power drill and driver, and a helper to hand you stuff. And will save $$$ over a “professional” installer and name brand blinds. Just take the time to get accurate measurements. One thing I appreciated about my experience with blinds.c...
by investorpeter
Sun Aug 05, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

So my question to the community is: at what percentage of current income (or savings) relative to overall retirement assets, does continued working become not worth the effort? This is assuming that one neither hates nor loves one's job; all other non-financial factors are neutral. For example, ass...
by investorpeter
Sun Aug 05, 2018 5:33 pm
Forum: Personal Consumer Issues
Topic: Maui Hawaii Trip - How to save money?
Replies: 52
Views: 5743

Re: Maui Hawaii Trip - How to save money?

Once you've paid for air and hotel, there actually isn't a whole lot to spend $$$ on Maui, unless you eat all your meals at hotel restaurant. Eat local. Food trucks. Plate lunches . Poke. Shaved Ice. If your room has a kitchenette, stock up at Costco for breakfast and snack items. Beaches are all fr...
by investorpeter
Sat Aug 04, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

OP here. Sorry I'm not able to reply sooner to the excellent comments and suggestions. There have been some enlightening responses. I was trying to get some data points to help me make a decision (which I did get a few, and they are very helpful), but the discussion sort of veered into a general dis...
by investorpeter
Tue Jul 31, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

Sounds to me you're asking how much money we should leave on the table. There will always be money left on the table, especially if there are unvested stock options and such lovely golden handcuffs. But what is the trade off when you're already at 40x? Yes, I guess that's the gist of it. What are y...
by investorpeter
Tue Jul 31, 2018 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

OP, You do not live forever. <<For example, assume one has retirement assets of $4,000,000, current income of $200,000, of which $100,000 can be saved each year.>> 1) Which means you spend less than 100K per year. 2) Your portfolio probably makes more than your job every year even assuming 5% per y...
by investorpeter
Tue Jul 31, 2018 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

OP, You do not live forever. <<For example, assume one has retirement assets of $4,000,000, current income of $200,000, of which $100,000 can be saved each year.>> 1) Which means you spend less than 100K per year. 2) Your portfolio probably makes more than your job every year even assuming 5% per y...
by investorpeter
Tue Jul 31, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

Interesting way to look at things, I agree with others that you have plenty given your level of spending and could afford the odd splurge on top of it. It is all interconnected with job enjoyment isn't it? This made me look at my own OMY plans from a different perspective. I love / hate my job. It ...
by investorpeter
Tue Jul 31, 2018 10:17 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

Interesting way to look at things, I agree with others that you have plenty given your level of spending and could afford the odd splurge on top of it. It is all interconnected with job enjoyment isn't it? This made me look at my own OMY plans from a different perspective. I love / hate my job. It ...
by investorpeter
Tue Jul 31, 2018 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

The last year we both worked, we put away 6.5% of the year's starting portfolio value in new savings. I carried on for about 9 months after my wife retired, but it was not much about improving our safety factor. We had a very high savings rate and were pretty well set in a fairly frugal lifestyle. ...
by investorpeter
Tue Jul 31, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

OP, You do not live forever. <<For example, assume one has retirement assets of $4,000,000, current income of $200,000, of which $100,000 can be saved each year.>> 1) Which means you spend less than 100K per year. 2) Your portfolio probably makes more than your job every year even assuming 5% per y...
by investorpeter
Tue Jul 31, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

The important thing to be very certain about are your expenses. That’s the “x” in 40x. If your expense number covers the way you want to live in retirement and you have 40x, you should retire. A 2.5% withdrawal rate is often considered to be a “perpetual” portfolio, one you won’t deplete regardless...
by investorpeter
Tue Jul 31, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Re: Effect of Current Income on Decision to Retire Early

It depends on what you are going to do with your time if you retire. What are you going to do with your time if you retire? Travel, probably in an RV, around the U.S. and Canada for a few years visiting each national park, and then again for each MLB stadium, and then consider various options at th...
by investorpeter
Tue Jul 31, 2018 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 6978

Effect of Current Income on Decision to Retire Early

So my question to the community is: at what percentage of current income (or savings) relative to overall retirement assets, does continued working become not worth the effort? This is assuming that one neither hates nor loves one's job; all other non-financial factors are neutral. For example, assu...
by investorpeter
Thu Jul 19, 2018 7:12 pm
Forum: Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 102
Views: 8386

Re: How do you handle the urge to DO something?

This thread reminds me of this question at the 2018 Berkshire Hathaway Shareholder Meeting https://buffett.cnbc.com/video/2018/05/05/warren-buffett-is-very-good-at-doing-nothing.html For those who don't want to watch until the end of the 3 minute video when Munger delivers his zinger, the gist of it...
by investorpeter
Thu Jul 19, 2018 6:13 pm
Forum: Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 10006

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

I am in the sell-the-stock-and-buy-an-index-fund camp. The only reason to hold onto a concentrated stock position is to avoid paying capital gains taxes during your lifetime so that you can pass on to your children with a step up in basis. And this is exactly what your dad did. In effect, he took on...
by investorpeter
Sun Jun 24, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Cash Out Retirement Account vs Rollover to IRA
Replies: 35
Views: 2575

Re: Cash Out Retirement Account vs Rollover to IRA

I would cash out just enough to pay the tuition expenses. Roll over the rest. This is a rare situation where paying the penalty is worth it to help family in a temporary crisis. In the long run the hit to your retirement account will be negligible if you follow a BH lifestyle for the remainder of yo...
by investorpeter
Wed Jun 20, 2018 10:17 pm
Forum: Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5949

Re: How much of your taxable holdings is unrealized capital gains?

Found this article that is pertinent to this thread, regarding so-called Exchange Funds that allow one to exchange an individual stock for a diversified portfolio fund. But there are major drawbacks, such as no liquidity for the life of the fund. :shock: https://www.forbes.com/sites/davidmarotta/201...
by investorpeter
Wed Jun 20, 2018 10:08 pm
Forum: Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5949

Re: How much of your taxable holdings is unrealized capital gains?

67%. Almost all in individual stocks. As someone else mentioned, reluctance to pay the capital gains tax (and the desire to continue to reap the compound on the portion that would be taxed) is a major barrier to diversifying. I wish there was a 1031 Exchange for individual stocks.
by investorpeter
Wed Jun 20, 2018 9:59 pm
Forum: Investing - Theory, News & General
Topic: Why is Mr. Bogle so against investing internationally?
Replies: 24
Views: 3391

Re: Why is Mr. Bogle so against investing internationally?

I'm not sure what Mr. Bogle thinks, but I am reluctant to invest internationally because I do not know as much about the financial infrastructure of other countries as I do for the U.S. I do not know as much about their accounting standards, penalties for financial fraud, and protections for shareho...
by investorpeter
Mon Apr 16, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: NYC restaurant suggestion
Replies: 60
Views: 5747

Re: NYC restaurant suggestion

For all you can eat sushi + alot more: http://ichiumi.com/
by investorpeter
Sun Apr 15, 2018 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Buying in a new condo development
Replies: 2
Views: 748

Re: Buying in a new condo development

I've done it before, and the end result was very positive, though there were major hiccups along the way. We entered into contract on a pre-construction condo in early 2008 pre-crash, and closed about 2 years later, with a lot of nail biting in between as far as whether we should abandon the deposit...
by investorpeter
Sun Apr 15, 2018 10:24 pm
Forum: Personal Consumer Issues
Topic: Cruises: How to Value Onboard Credit
Replies: 29
Views: 2758

Re: Cruises: How to Value Onboard Credit

OBC given by Costco are supposedly refundable by check if unused.
by investorpeter
Sun Apr 15, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 129
Views: 23165

Re: We crush stock indexes, Yale claims

I pretty much discounted anything said in the article after reading the first line: "Yale University's endowment has offered a rebuttal to Warren Buffett and other proponents of low-fee, passive investments." Obviously, the author missed the point. If Buffett's argument was that no one could ever b...
by investorpeter
Sun Apr 15, 2018 3:04 pm
Forum: Investing - Theory, News & General
Topic: We crush stock indexes, Yale claims
Replies: 129
Views: 23165

Re: We crush stock indexes, Yale claims

I pretty much discounted anything said in the article after reading the first line: "Yale University's endowment has offered a rebuttal to Warren Buffett and other proponents of low-fee, passive investments." Obviously, the author missed the point. If Buffett's argument was that no one could ever be...
by investorpeter
Sun Apr 15, 2018 1:44 pm
Forum: Personal Investments
Topic: Starting Taxable Account vs. Increasing 403b
Replies: 17
Views: 1977

Re: Starting Taxable Account vs. Increasing 403b

I would increase the 403b before starting a taxable investment account. I would also look into the actual options offered by the 457b. There will likely be at least one index fund option amongst numerous other high-fee options. If you work for a government as opposed to a non-profit, the 457b is act...
by investorpeter
Sun Apr 08, 2018 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 19154

Re: Ivy school education. Is it worth it?

The average early salary for business school graduates from the University of Illinois is $57,700 while University of Chicago has an average early salary of $3K less at $54,700. Yet University of Illinois is $31,400 per year while University of Chicago is $74,000. I'm not sure I agree with your met...
by investorpeter
Wed Apr 04, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: LG 75" vs OLED 65" TV or Wait?
Replies: 44
Views: 12484

Re: LG 75" vs OLED 65" TV or Wait?

I was on the verge of purchasing the 65” LG Oled TV, but the rtings.com test on the burn-in effect of OLEDs gave me pause. Decided to wait until that problem is fixed or proven to be insignificant. Also OLED TV prices are not dropping much because LG essentially has a monopoly. Even the other manufa...
by investorpeter
Sat Mar 31, 2018 9:10 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2548
Views: 471885

Re: What are you up YTD? [Year To Date]

Total portfolio: +4.79% YTD
Discretionary portfolio of individual stocks (about 25% of total portfolio): +14.75% YTD
(NVDA, SIRI, NFLX, AMZN, COST, TSLA, DPZ, KMI, GOOG, BRKB, DIS, LSXMA)
by investorpeter
Sat Mar 24, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for moving to NYC
Replies: 57
Views: 6197

Re: Tips for moving to NYC

Depending on the age of the toddlers, good public schools may be the primary deciding factor. Manhattan and Bayside have the best public schools in NYC. Forest Hills also had good schools, though not as good. Definitely look at the quality of schools wherever you decide to live. It can be a bit hit...
by investorpeter
Sat Mar 24, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Tips for moving to NYC
Replies: 57
Views: 6197

Re: Tips for moving to NYC

Depending on the age of the toddlers, good public schools may be the primary deciding factor. Manhattan and Bayside have the best public schools in NYC. Forest Hills also had good schools, though not as good. Definitely look at the quality of schools wherever you decide to live. It can be a bit hit...
by investorpeter
Fri Mar 23, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for moving to NYC
Replies: 57
Views: 6197

Re: Tips for moving to NYC

Depending on the age of the toddlers, good public schools may be the primary deciding factor. Manhattan and Bayside have the best public schools in NYC. Forest Hills also had good schools, though not as good. Definitely look at the quality of schools wherever you decide to live. It can be a bit hit ...
by investorpeter
Fri Mar 23, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for moving to NYC
Replies: 57
Views: 6197

Re: Tips for moving to NYC

Queens is huge, and each neighborhood is very different. Here’s a quick rundown of the neighborhoods that people consider when moving away from manhattan, ranked from closest to farthest out from manhattan. Long Island City: new condos and modern rentals, expensive, but very close to manhattan, ferr...
by investorpeter
Thu Mar 22, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 32832

Re: Anyone Deleting Facebook?

I also deleted all my pictures and posts about 2 years ago. I tried to delete the account, but couldn't figure out how. I don't think there is a link on the site to the delete button. So I changed my Facebook user name to a fake name. Here's the funny thing: Somehow, my iPhone also changed my name ...
by investorpeter
Thu Mar 22, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: When it comes to financial goals, define short term, medium term and long term?
Replies: 20
Views: 1624

Re: When it comes to financial goals, define short term, medium term and long term?

Short: 1 year or less
Medium: 1 to 10 years
Long term: 10+ years

I like the idea of having short term needs funded with cash, medium term needs funded with bonds, and long term needs funded with equity.
by investorpeter
Thu Mar 22, 2018 12:09 am
Forum: Investing - Theory, News & General
Topic: Another reason to steer clear of Bitcoin. As if we need another reason...
Replies: 48
Views: 8528

Re: Another reason to steer clear of Bitcoin. As if we need another reason...

There are many reasons to avoid buying crypto currency, but this is not one of them. Crypto currency transactions are anonymous, so the only way anyone would know you have a large holding of crypto currency is if you announce it. Holding cash is also anonymous. Telling anyone you have a large posit...