Search found 334 matches

by onthecusp
Wed Feb 21, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: Quantitative value for portfolio risk?
Replies: 8
Views: 318

Re: Quantitative value for portfolio risk?

Age in bonds is one such number. There is little agreement on that. How would a different measure help? Let's not complicate this.
by onthecusp
Mon Feb 19, 2018 11:48 pm
Forum: Investing - Theory, News & General
Topic: Chillin' in the BH Lounge
Replies: 43
Views: 4770

Re: Chillin' in the BH Lounge

Leaving my adviser, The fee’s such a drag, It feels so much wiser, I’ll keep my own swag. Asset allocation, not really a thrill, 60/40 helps me sleep, better than a pill. Next market gyration I'll be out like a light, It's easy to get the timing just right! NO, don't you try that! The ones that stan...
by onthecusp
Mon Feb 19, 2018 7:02 pm
Forum: Personal Consumer Issues
Topic: Seeing Yellowstone National Park
Replies: 24
Views: 2090

Re: Seeing Yellowstone National Park

The Lodge is not the same as Old Faithful, nor is OF the same as all the other geysers in the Geyser Basin areas. And geysers are definitely part of Nature. The Lodge itself was less than 60 minutes of my time. We should do a survey of who has seen wild wolves in Yellowstone that were closer than a...
by onthecusp
Mon Feb 19, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: Do you have a Japanese bath in your house?
Replies: 27
Views: 3886

Re: Do you have a Japanese bath in your house?

Now, am I correct that what tends to be referred to as a Japanese style bath in this country (USA) is a very deep tub where one does not recline? How DOES one "get out"? I've see steps on the outside, to get in, but the tubs aren't huge, so I don't understand how there can be similar steps inside. ...
by onthecusp
Mon Feb 19, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Do you have a Japanese bath in your house?
Replies: 27
Views: 3886

Re: Do you have a Japanese bath in your house?

We were inspired by the idea of a deep bath for soaking after a shower. So that is what we did about 3 years ago in a bathroom remodel. Replaced a big whirlpool bath and small shower stall with a big tiled area. Shower at the same end, but a much smaller but deep tub that holds much less water than...
by onthecusp
Mon Feb 19, 2018 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Is it wise for us to make a one-time lump sum mortgage payment?
Replies: 23
Views: 1195

Re: Is it wise for us to make a one-time lump sum mortgage payment?

If both of your jobs seem pretty secure I think making the payment now is a good move. A guaranteed 4% for after tax cash is hard to beat. Since you plan to apply extra to payments along the way, and max out your pre-tax plans, in support of an early retirement, you will be keeping other expenses in...
by onthecusp
Mon Feb 19, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Estate Planning RLT vs. Testamentary (Texas)
Replies: 12
Views: 628

Re: Estate Planning RLT vs. Testamentary (Texas)

My parents had a RLT set up with most assets in it. As co-executor it made things much easier and pretty well eliminated all the questions we might have had over probate etc. As paper work goes, the trust was a few more pages than the associated wills, real estate and retirement savings were all mov...
by onthecusp
Wed Feb 07, 2018 11:02 pm
Forum: Personal Consumer Issues
Topic: What time do you go to work?
Replies: 72
Views: 5184

Re: What time do you go to work?

Some time between 7 and 8:30. I work from home too but don't abuse it.
by onthecusp
Tue Feb 06, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 127
Views: 8842

Re: Torn between Vanguard, Fidelity and Schwab

For those touting Fidelity website and IT, they are having website issues and extremely slow loading this morning, some position pages and such under my portfolio won't even load and say try again in a few minutes because of volume. FYI Same problem here on Fidelity. Usually a fine experience but i...
by onthecusp
Tue Feb 06, 2018 12:05 am
Forum: Personal Consumer Issues
Topic: Do you have a Japanese bath in your house?
Replies: 27
Views: 3886

Re: Do you have a Japanese bath in your house?

We were inspired by the idea of a deep bath for soaking after a shower. So that is what we did about 3 years ago in a bathroom remodel. Replaced a big whirlpool bath and small shower stall with a big tiled area. Shower at the same end, but a much smaller but deep tub that holds much less water than ...
by onthecusp
Mon Jan 29, 2018 10:47 pm
Forum: Investing - Theory, News & General
Topic: Interest rates and S&P 500
Replies: 6
Views: 1097

Re: Interest rates and S&P 500

Since I'm not willing to market time my bond purchases, I've been buying with new money to try and maintain my asset allocation. If rates rise suddenly and bonds drop suddenly I'll be rebalancing into bonds by selling stocks. I suppose then stocks might get hit. But I don't know anything.
by onthecusp
Fri Jan 26, 2018 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of skilled casual work is out there (US)?
Replies: 24
Views: 2564

Re: What kind of skilled casual work is out there (US)?

OP's description of "expert" and "degree or three" sure sounds ripe for being a consultant. Your not an employee, you have to sell yourself to one or more clients as an expert worth whatever rate you feel like charging. You do your own insurance, billing, etc. You charge your clients for that up to ...
by onthecusp
Fri Jan 26, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: Value of Annuity in Early Retirement
Replies: 6
Views: 667

Re: Value of Annuity in Early Retirement

Data from another post: If I HAVE to have $20,000/year, then I need to have a guaranteed $500,000 in savings. If I used the safe haven approach presented in another post where I can afford a 50% loss in equities and a 10% loss in bonds, I would need $250,000 in equities and $450,000 in bonds to wea...
by onthecusp
Sun Jan 21, 2018 6:47 pm
Forum: Investing - Theory, News & General
Topic: Starting LATE for retirement
Replies: 31
Views: 2475

Re: Starting LATE for retirement

Invest more money as you should have acquired more of the assets you need to live comfortably and be in your higher yearning years. Be realistic about your contributions, growth, and retirement timeline... I have see some posts about starting late with nothing and expecting large growth to solve th...
by onthecusp
Tue Jan 16, 2018 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: mlp's Master Limited Partnerships
Replies: 26
Views: 1811

Re: mlp's Master Limited Partnerships

Thanks for the warning, that makes sense and I will have to watch out for that. I've received my units as compensation on a vesting schedule and in a discounted purchase plan. Due to AA and concentration in one company I will probably lighten up a bunch before that hits, but I shall have a look at w...
by onthecusp
Mon Jan 15, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: mlp's Master Limited Partnerships
Replies: 26
Views: 1811

Re: mlp's Master Limited Partnerships

Does anyone here own any of these? i think i have watched every youtube video on these. They are very intriguing investments. I am well aware of the tax implications and the high volatility. Are these just a no no in the bogleheads community? Like some thoughts, expierences etc etc on these. On the...
by onthecusp
Sun Jan 14, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: mlp's Master Limited Partnerships
Replies: 26
Views: 1811

Re: mlp's Master Limited Partnerships

Does anyone here own any of these? i think i have watched every youtube video on these. They are very intriguing investments. I am well aware of the tax implications and the high volatility. Are these just a no no in the bogleheads community? Like some thoughts, expierences etc etc on these. Not so...
by onthecusp
Sun Jan 14, 2018 4:51 pm
Forum: Investing - Theory, News & General
Topic: REGISTRATION FOR 2018 BOGLEHEAD CONTEST
Replies: 144
Views: 8750

Re: REGISTRATION FOR 2018 BOGLEHEAD CONTEST

3088.32
Long since entered but I guess I need to post here too.
by onthecusp
Sun Jan 14, 2018 4:37 pm
Forum: Investing - Theory, News & General
Topic: Year 2000 retirees using the '8% rule' - Where are they now?
Replies: 40
Views: 6616

Re: Year 2000 retirees using the '8% rule' - Where are they now?

It's thoroughly discussed and easily found only if you take action to seek it out (like Bogleheads do just by looking at this site for more than 15 minutes). I don't really see a reason for most to be educated on the SWR because most have less than 12x earnings at retirement. Most people would tell...
by onthecusp
Sun Jan 14, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Firecalc question
Replies: 5
Views: 566

Re: Firecalc question

I hardly ever use the Random Performance option in Firecalc because I don't have a feel for just how conservative it is. I'll look at the Total Market and Mixed Portfolio options for what I believe is a more realistic assessment. If I need to be more conservative to allow for a "worse than great dep...
by onthecusp
Tue Jan 09, 2018 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: Sequence of Return Risk impact on Retirement
Replies: 103
Views: 4517

Re: Sequence of Return Risk impact on Retirement

Typically you would still be contributing before retirement (accumulation phase) so a bear would let you buy at lower prices. Then at your desired retirement you could (presumably) decide if you still had enough. Maybe your contributions kept the balance at 1.5MM despite the bear market. Or go for o...
by onthecusp
Mon Jan 08, 2018 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: New to Personal Investing
Replies: 3
Views: 356

Re: New to Personal Investing

Nice start! I like reading MMM, there are a lot of great ideas there in the areas of frugality even if we are not even close to that level ourselves. The investment advice is generally good too. People fault the 4% for FIRE mantra but miss the additional parts of the mantra, stay flexible, make mone...
by onthecusp
Sat Jan 06, 2018 5:10 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Account Over Diversification?
Replies: 5
Views: 573

Re: Retirement Account Over Diversification?

I do think the expense ratios of those funds are too high. I looked at a few, most were in the .47% to .7% range, not horrible, but high. One appeared to have separate management fee making the total .86%. By contrast my weighted expense ratio is currently .153% and my highest ETF is .48%. Total mar...
by onthecusp
Sat Jan 06, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: Can anyone recommend a case for the Google Pixel 2?
Replies: 12
Views: 573

Re: Can anyone recommend a case for the Google Pixel 2?

I like the minimalist cases because I carry in my pocket all the time. The ones that snap on and you can hardly tell they are there. I've had rubbery ones and hard plastic. I've dropped my phone a few times over the years and it has cracked my current (hard) case but the phone is just fine. Also had...
by onthecusp
Sun Dec 24, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: how to "know" what asset allocation is right? (crypto windfall)
Replies: 39
Views: 5035

Re: how to "know" what asset allocation is right? (crypto windfall)

Congratulations. Of course the bogleheads wiki has a good summary of setting an asset allocation. Sounds like you have a good start in the thinking process though. I assume 7MM is way more than you think you need. It is important to know what you want to do with the money to finally settle on an AA....
by onthecusp
Thu Dec 21, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds
Replies: 97
Views: 12112

Re: Feels dumb to hold bonds - Currently 70% Stocks 30% Bonds

I only started buying bonds a bit over a year ago since I was late to the sensible investing party. They have gone down a little :( as my stock allocation has skyrocketed :D . All new money is going into bonds for now, actually to increase my allocation since I'm nearing retirement. I figure I'm buy...
by onthecusp
Wed Dec 20, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51096

Re: Tax Bill Omnibus Thread

Trying to decide if I should prepay real estate taxes this year due to higher marginal rates this year and higher std deduction next. I think it is a good idea but I guess now I can run the numbers to decide for sure. Real estate tax is high in Texas making up for the lack of a state income tax.
by onthecusp
Tue Dec 19, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or Hold
Replies: 7
Views: 603

Re: Sell or Hold

One comparison, not really advice. If you sold you could probably clear 250,000 after costs. Then pay tax, not so sure about that but say 20%. Now you have $200,000. Using the ever popular :D 4% / yr guideline you should be able to invest and make $667/month. That is better than $300 and less work. ...
by onthecusp
Mon Dec 18, 2017 12:10 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs. Tax Deferred - not much difference?
Replies: 56
Views: 4428

Re: Taxable vs. Tax Deferred - not much difference?

Thanks so much for making this distinction between marginal tax savings at saving and effective (overall) tax cost on withdrawal! It is a bit late to affect my choice which has always been to save in a 401k whenever possible, but now I feel so much better about it. I always thought I would have to ...
by onthecusp
Mon Dec 18, 2017 11:42 am
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 47
Views: 5786

Re: What is a Reasonable Retirement Cost of Living?

... kicking the kids off the cell phone plan ... Our young adults are still on our plan. It's cheaper for them to pay us than to get a separate. I just send a payment request in Venmo when I get the bill. If DS's usage exceeds the plan, he gets to pay the entire over charge. Yes, that could work. I...
by onthecusp
Fri Dec 15, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Two commas, I'm calling it
Replies: 20
Views: 4714

Re: Two commas, I'm calling it

Excellent. Great explanation and well done. Hope you and your wife are very happy.
by onthecusp
Fri Dec 15, 2017 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Question About TIPs and TIP Funds
Replies: 43
Views: 1897

Re: Question About TIPs and TIP Funds

dbr thanks for that summary. The distinction between expected and unexpected inflation was an eye opener.
by onthecusp
Thu Dec 14, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you contribute to your 401k in 2017?
Replies: 155
Views: 10838

Re: How much did you contribute to your 401k in 2017?

24,000 plus employer match (6%), plus employer contribution (4%).
by onthecusp
Thu Dec 14, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: What is a Reasonable Retirement Cost of Living?
Replies: 47
Views: 5786

Re: What is a Reasonable Retirement Cost of Living?

Absolutely a personal number, and for my part hard to estimate even just a year or two out. I'm look at a range from 90k to $120k. Low to high is basically dependent on controlling simple discretionary costs such as eating out at nice restaurants a lot vs. once a month, renegotiating cable / insuran...
by onthecusp
Thu Dec 14, 2017 3:53 pm
Forum: Investing - Help with Personal Investments
Topic: I’ve made huge errors and hope it’s not too late
Replies: 35
Views: 4968

Re: I’ve made huge errors and hope it’s not too late

Many people here never feel good about the markets. Either they just went down (who wants to buy into poor performance) or they just went up (nothing goes up forever). Most people here are in the market all the time. A saying you will run into is: Time in the market, not timing the market. You have ...
by onthecusp
Wed Dec 13, 2017 4:20 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs. Tax Deferred - not much difference?
Replies: 56
Views: 4428

Re: Taxable vs. Tax Deferred - not much difference?

What is your marginal tax bracket? What tax bracket to you plan to be in when you retire? The nice thing about 401k (and other deferred vehicles) is that they reduce your taxes at your marginal rate. So if you are in the 33% bracket, You are saving $330 in taxes for each $1000 you invest as long as...
by onthecusp
Mon Dec 11, 2017 9:47 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 7083

Re: Snow Tires? Worth it?

Modern snow tires don't just help in deep snow, they grip on ice better than all season/summer tires. With AWD the improvement will be mostly in corner traction and stopping. There is no magic, if you are not used to snow, take it easy. AWD will get you going better than most cars but it won't help ...
by onthecusp
Mon Dec 11, 2017 5:18 pm
Forum: Investing - Help with Personal Investments
Topic: mutual fund picks for retirement hold long term
Replies: 4
Views: 506

Re: mutual fund picks for retirement hold long term

With 20 years ahead of you, I believe you could do a little better using Small / Value index funds. This is just around the edges of a solid broad index base investments in index funds where the ER is less than 0.1%; often as low as 0.05%. Search the site for "small value tilt". Good index funds for...
by onthecusp
Mon Dec 11, 2017 5:06 pm
Forum: Investing - Help with Personal Investments
Topic: mutual fund picks for retirement hold long term
Replies: 4
Views: 506

Re: mutual fund picks for retirement hold long term

At first I thought just index the market with lowest expense ratio fee, but it seems I'm selling myself way short when looking at these 5/10 Yr (Annualized) returns. Did you know 5 / 10 years ago that these were the correct funds that would beat the market? Past returns do not guarantee future resu...
by onthecusp
Mon Dec 11, 2017 4:19 pm
Forum: Investing - Help with Personal Investments
Topic: Does a tilt toward consumer staples make sense?
Replies: 15
Views: 946

Re: Does a tilt toward consumer staples make sense?

Back when I tried trading I looked into seasonality in the form of different sectors "should" tend to do better/worse at different times in the market cycle. It is all an attempt at "mechanical" market timing and is not of the same ilk as the usual tilts discussed here. It looked very attractive in ...
by onthecusp
Mon Dec 11, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 80
Views: 8118

Re: Done gone and did it

Congratulations! :sharebeer
by onthecusp
Mon Dec 11, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: After a 2- or 3-fund solution, the rest is withdrawals and world events
Replies: 17
Views: 1881

Re: After a 2- or 3-fund solution, the rest is withdrawals and world events

I will edit a lengthy reply/rant and say this: I strongly believe that any situation that arises that cause the 3.5-4% "rule" to go out the window will also mean that your 2% rule won't work, either. +1 It occurred to me that I would consider investing in gold and ammo with part of my assets for su...
by onthecusp
Sun Dec 10, 2017 5:11 pm
Forum: Investing - Theory, News & General
Topic: "The Modern Corporation and the Public Interest" by John C. Bogle
Replies: 13
Views: 1137

Re: "The Modern Corporation and the Public Interest" by John C. Bogle

Finally, I confess my surprise (and disappointment) that the growth of TIFs—typically bought and held by passive investors for the long-term—has been eroded by the intercession of ETFs—typically traded in the short term by active investors—often focused on the short-term. My long experience in mutu...
by onthecusp
Fri Dec 08, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Need a history atlas or book of maps
Replies: 7
Views: 491

Re: Need a history atlas or book of maps

Sounds fascinating. I love reading histories like that and correlating with locations.

Unfortunately I can't really help, other than to say my method when I read the Peloponnesian War by Thucydides was to use google, google images etc.
by onthecusp
Fri Dec 08, 2017 11:51 am
Forum: Investing - Theory, News & General
Topic: Call the top! - Bitcoin
Replies: 182
Views: 18205

Re: Call the top! - Bitcoin

$55,000
by onthecusp
Thu Dec 07, 2017 5:11 pm
Forum: Personal Consumer Issues
Topic: sharing cost of tree cutting
Replies: 31
Views: 1717

Re: sharing cost of tree cutting

I believe that dangerous situations are more nuanced and dependent on state law e.g. rotten limbs. But here it should be entirely up to him. Cutting those branches will not help much if the wind is blowing anyway. He has a right to cut them back to the property line in a manner that does not hurt yo...
by onthecusp
Thu Dec 07, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: First post from this retiree with questions - my daughter sent me here!
Replies: 34
Views: 4048

Re: First post from this retiree with questions - my daughter sent me here!

Just agreeing with everyone here. I can be king of the complicated answers but for contrast: You are in great shape given your current spending habits. Start taking an extra $1000/month from your IRA and adding it to savings. Spend like you do now, but don't put off those dinners if you don't want t...
by onthecusp
Thu Dec 07, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 4090

Re: How do you know you are FI? [Financially Independent]

I try to be careful not to layer one safety margin onto another. For a round number example. I think 4% (25x) is a good number to use for 30 year planning. I think all expenses will be about 100,000. I think SS will provide 40,000 starting now. I need 25 x 60,000 = 1,500,000. My safety margin is tha...
by onthecusp
Tue Dec 05, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Smooth Glide Paths with Logistic Functions
Replies: 5
Views: 379

Re: Smooth Glide Paths with Logistic Functions

I have no intention of going as low as 20% equities. I could see dipping to 40% early in retirement then rising from there if equities continue to perform.
by onthecusp
Mon Dec 04, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 5969

Re: Mortgage is About To Be Paid - I'm Scared!

Do you have 25-30 times your remaining expenses in those retirement / financial independence accounts?

If not you have not won yet! :twisted:

There, I bet you feel better already. :D