Search found 13 matches

by mtn biker
Sun Aug 04, 2019 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Is our spending crazy?
Replies: 111
Views: 7494

Re: Is our spending crazy?

Dear Bogleheads, I feel like for the amount we spend we should be living in luxury. You ARE living in luxury. I am at about half your spending and I am living in luxury. If it doesn't feel like luxury that is a perception problem, not an actual problem. I have no doubt you can cut, and I believe li...
by mtn biker
Wed May 01, 2019 2:51 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 246
Views: 29858

Re: What is your AA, given your age? and, Why?

Age 46 I am 100% stocks in the assets I control, but that is deceptive because my current job provides a pension. So as my pension builds and becomes a larger part of my retirement plan, it has the function of balancing my portfolio in my mind. I do not mind dips or crashes, and have never sold base...
by mtn biker
Wed Feb 20, 2019 12:39 pm
Forum: Investing - Theory, News & General
Topic: Target Date funds are hazardous to your wealth
Replies: 59
Views: 8900

Re: Target Date funds are hazardous to your wealth

These stories are not worth reading. There is always a "gotcha". The Target Date fund they used had an Expense Ratio of .78%. My Target Date fund is .06% and is much easier to stuff compared to the 7-8 funds I would need to replicate a total market approach and try to keep "in balance". In the arti...
by mtn biker
Thu Feb 07, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: $10,000 for a bed?
Replies: 36
Views: 2329

Re: $10,000 for a bed?

Perhaps some of you can enlighten me as to what I am missing. A good friend of mine just purchased a $10,000 bed. A Temperpedic "California King" bed, which is actually two beds, side by side. With all of the adjustable bells and whistles. I'll spend up for a good car (Lexus)...although the $50,000...
by mtn biker
Sat Jan 12, 2019 3:14 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 128
Views: 9358

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

I think the reason they are "cheap" right now is exactly because of all you said. The possibility that it is actually cheap and not just cheap on paper is a reason to buy. The possibility not enough of those markets will show growth is a reason to avoid a large percentage of your assets in the area....
by mtn biker
Wed Nov 28, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Charity in the accumulation phase- Now vs. Later
Replies: 24
Views: 1033

Re: Charity in the accumulation phase- Now vs. Later

Yes, can accurately verify $15,000 annual expenses in VHCOL area. You do realize that VHCOL stands for Very High Cost Of Living? He said VHCOL area, which doesn't mean he is paying VHCOL. What matters is that if his living condition or job changes, his COL might inflate greatly because of where he ...
by mtn biker
Fri Oct 05, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 13801

Re: What purchase saved you the most money?

Here is a weird one... My wife and I bought tickets to Haiti to visit an orphanage we supported. An hour after we arrived the big earthquake hit. The next few days started a re-evaluation of our entire lives, sort of like a mid life crisis on steroids. We ended up cutting a ton of junk expenses, lef...
by mtn biker
Sun Jul 22, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: Any Boglehead plumbers? Need help.
Replies: 16
Views: 1901

Re: Any Boglehead plumbers? Need help.

I'm not sure what flushing the tank and a new anode rod is going to due to quiet the heating of the tank... If the heating element is making a lot of noise, then that should probably be replaced or serviced. Ig you are selling in a year, then a new hot water heater might help, even if just a basic c...
by mtn biker
Mon Jun 25, 2018 12:45 pm
Forum: Personal Investments
Topic: Why not go 100% stocks?
Replies: 127
Views: 17173

Re: Why not go 100% stocks?

I have been 100% stocks for a long time now. I don't feel like rebalancing, and am comfortable with market corrections and changes, I won't need the money for a long time anyway. I don't expect to time the market, I have no idea when the bottom is, when the top is, or anything in the middle. Keeping...
by mtn biker
Wed Jun 20, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 16737

Re: How much (green) cash at home for emergency ?

I was in PAP Haiti during the big earthquake, so I've been in the disaster situation. It took $600 cash to get on a flight to DR, not exactly a bribe, but it felt that way. Without the cash we would have been there more than two days, but would have been fine. I keep a couple thousand in the safe on...
by mtn biker
Mon Jun 11, 2018 4:29 pm
Forum: Personal Investments
Topic: How to convince my co-worker to invest more?
Replies: 47
Views: 3911

Re: How to convince my co-worker to invest more?

Ask questions and let him talk. People want to be heard, so start there. Ask what his goals are. Ask how much his savings will add up to over time. Just seek to draw him out into conversation without any real agenda. Answer questions as they come up, but not before. If he doesn't ask, then keep aski...
by mtn biker
Mon Apr 09, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Does it make sense to buy new appliances when there's a good sale before you need them?
Replies: 28
Views: 2476

Re: Does it make sense to buy new appliances when there's a good sale before you need them?

There are two parts to your question. Should up upgrade early, and will you get a better price. You are very very unlikely to get enough of a better price to counteract the high likelihood your fridge will last quite a while longer. Your fridge might break down next week and you might spend a bit mo...
by mtn biker
Wed Jul 26, 2017 1:47 pm
Forum: Personal Investments
Topic: Am I missing something with my retirement accts?
Replies: 3
Views: 737

Am I missing something with my retirement accts?

I am fairly knowledgeable about finances overall, I am happy with the asset allocations of my investments, my 403b is maxed, I am over the cap for typical Roth. I currently have a Vanguard taxable investment account for my extra saving beyond my emergency funds. Married, my wife just started a part ...