Bogleheads.org

latesaver

I like Dr. Bernstein's idea for those who have won the game. 20 or more years of draw down dollars in "safe" fixed income and invest the rest anyway you want -- even 100% equities. You don't need to triple your nest egg -- you need to make sure it fully funds your retirement and legacy wi...

latesaver

antisa wrote: ↑Sun Dec 27, 2020 6:19 pm If I would like to earn on average 15% from my portfolio investments, how to go about it?

Let's assume I can tolerate any risk and my time horizon is 30 years.

Hard money real estate lending.

Good thing you can tolerate any risk.

latesaver

The "magic" of compound interest works both ways.

I am trying not to glean too much from a "crash" that lasted for all of 3-4 months. I still have yet to go through a sustained down market.

latesaver

Stitched is pretty nice.

https://www.cosmopolitanlasvegas.com/re ... w8QAvD_BwE

latesaver

I currently earn around $60,000. I am in grad school at vegan contributing to a Roth IRA a little over two years ago. I max that at and add a little extra to a taxable account. Both with Vanguard. Anyhow, here’s my question. After I finish grad school I have a job offer well over $200,000 a year. T...

latesaver

There is only a moderate set of careers that provide good income...doctors being one. So if you are lucky enough to have a passion for one great! But for most folks, not so much. My kids are looking at college and don't know what they want to be. My son is looking at CRNA (nurse anesthetist) and do...

latesaver

Would rather rent it out, if it goes down in value, they'll foreclose anyway, so there is nothing but downside to sell it with an IO loan at a high LTV. Edit: do you own this townhouse outright? Yes, we own it outright. I would get $150K down in a sale, so that comes into play in the foreclosure pr...

latesaver

90% down maybe. All joking aside, why would anyone do this? Perhaps an emergency sale? See comments above. Underwriting standards for "jumbo" loans (jumbo in quotes as the limits are quite low compared to RE values) have drawn increased scrutiny. It isn't an emergency sale but with 2 kids...

latesaver

If a bank isn't willing to finance this person when they're well diversified, why are you? Obviously a first question that comes to mind. I do know, firsthand, that many banks down in South FL are getting very strict with regards to non-W2 income (1099s for example). That impacts a lot of folks dow...

latesaver

Jumbo loans are hard to come by due to Covid, at least in our market. In order to facilitate a sale of our townhome, our broker has recommended offering interest-only seller financing at higher LTVs. I have a few reservations: I need to pay commissions up front on the sale; I am extending credit to ...

latesaver

dkdoy wrote: ↑Mon Oct 19, 2020 5:13 pm Darn tough socks
Big green egg
DeWalt cordless tools
New Balance
Apple
Prime beef
Craft west coast IPA

Nice call on the egg. I got one a month ago, best burgers, pizza, etc., etc. I have ever had!

latesaver

bagle wrote: ↑Mon Oct 19, 2020 4:56 am Sonos speakers and soundbars (not as good as audiophile Naim, but good enough and user-friendly)

Many times Sonos has been mentioned on this thread. Are they really that great? Based on price alone I can't imagine they stand up to the speakers you'd find in a Best Buy Magnolia room.

latesaver

Probably jump-to-conclusion door mats.

latesaver

Well done, all. But I wonder how much of these extraordinary wealth progressions is basically owing to windfalls such as raises, inheritances, or sales (and the resultant savings), rather than to index investing (which, at best, grows one's capital at relatively modest rates). I say this as a commi...

latesaver · Re: Share your net worth progression 9/2/2020: $X 9/3/2020: $X minus $97K

9/2/2020: $X
9/3/2020: $X minus $97K

latesaver

I sold FB today, in at 260 just a couple of weeks ago, out at 295 today. Still holding AAPL and ZM. Sold AAPL and ZM today. Didn't quite make the peak, but still made 10% on AAPL and 20% on ZM for a few days of holding them. So back to 100% cash. What's your long term strategy here? Sell stocks aft...

latesaver

My 2 cents. I have owned an electric smoker for 5 years now. I own a smoker from SmokinIt (https://www.smokin-it.com/Default.asp) . I use it at least once per month. I have refined my smoking process down over time and use my own rubs, finishing sauces, etc. I own the number 2 model, which can smok...

latesaver

Dune.

latesaver

I'm guessing you both have not tried to carry on professional jobs with infants and toddlers in the background, including Zoom calls with clients, interview panels, employee performance reviews, and deadlines for a report to the CEO. Infants and toddlers aren't very good about staying asleep while ...

latesaver

Yes, I think it did. As well as the short sharp shock at the end of 2018. But of course I tend to be pessimistic. Thank you. This is the first comment that is actually responsive to my post, which was essentially asking the question “was the February/ March drop a *real* test of investors’ resolve?”.

latesaver

There's been quite a few risk tolerance / asset allocation posts lately. Some folks clearly were spooked by the sudden drop and others, including myself, saw it as a time to rebalance (or over-rebalance) into equities. I aggressively rebalanced all the way down and put a significant amount of new mo...

latesaver

What has worked for me personally is cutting out carbs (with a concomitant increase in fat intake). AKA keto. This has allowed me to eat as much as I want without thinking about calories and I always feel satiated, full, and energetic. And my blood test numbers all improved. unfortunately the cost ...

latesaver

If you need $30,000 a year for 30 years you should have $900,000 in safe money. Nobody knows how much money they will need in the future. It is a ridiculous assumption that has no place in retirement planning. When you talk to actual retirees -- as the Society of Actuaries has done with their Commi...

latesaver

whodidntante wrote: ↑Mon May 25, 2020 2:50 pm

I like to think the "bear gang" on WSB bought my puts. Some of you know what that means. Oh well, maybe they'll get me next time. I shouldn't play results.

I don't know if I believe half of what they claim on that site but they are a hilarious lot for sure.

latesaver

Tool's Lateralus album.

I completely missed this one when I was in college.

latesaver

Like many other posts on here, this is anecdotal. BUT, in 2010 I was part of a small team that closed a large investment commitment with a fund manager. We committed to invest $300mm with one specific manager. when the deal closed, 5 of us on the deal team received "Kermit green" submarine...

latesaver

Do it and let us know how much money you lost by being on sidelines for 9 months :-) To quantify: loss of dividend income (except, well, nobody's gonna pay dividends), plus 9 months of destruction of the value of the cash pile by inflation. So I'm more or less locking in a 2% loss for 9 months. Rig...

latesaver

I personally think this thread is a strawman argument. Is anyone really advocating taking 3-12 months of their living expenses kept in liquid money and putting it into stocks? +1000, x2, etc. It's common sense that one shouldn't touch a "true" emergency fund. What oftentimes happens when ...

latesaver

I do acknowledge that stocks are worth less than 30 days ago, but stocks purchased today will be worth more in the future than stocks purchased 30 days ago. Stocks purchased today will be worth the exact same at a particular time in the future as shares bought any other time. The issue is we know, ...

latesaver

jpmorganfunds wrote: ↑Fri Mar 13, 2020 10:47 pm
TheBogleWay wrote: ↑Fri Mar 13, 2020 10:01 pm Here we are, I've lost maybe 20% of my net worth in ~45 days. I've lost upwards of $300,000 on paper.
Wait til the market goes down 60%.

Or 120% down. That's what i am waiting for before i buy back in.

latesaver

Goldman is warning the S&P 500 could drop another 25% from here. Link? https://www.bloomberg.com/news/articles/2020-03-15/goldman-sachs-warns-s-p-500-might-not-bottom-until-2-000 The firm’s U.S. chief equity strategist, David Kostin, says the S&P 500 will likely head back down by almost 10%...

latesaver

WSJ: investors pulling funds out of the market at near record rates, and it is likely going to accelerate (the latter is just my guess). Which means that stocks are going to continue to drop. If "Investors are bailing on stock funds" are who's on the other side of the trade? (Hegefunds, l...

latesaver

We were going to use some of our cash to keep all of our employees through any recession. But the folks here who are excited (another thread) or thankful for the unfolding economic distress have convinced me to keep all of our cash and start laying off employees. Start with the new guys? What do yo...

latesaver

The part I am trying to flesh out is not that one shouldn’t expect volatility or that one should expect constant and steady appreciation, but rather that there’s something actually wrong in thinking that the price could go back to any point in time and that’s fine. Two years is arbitrary as the exa...

latesaver

I learned what it feels like to see your investments increase during a bull market and then get pummeled in a couple days. i was reminded the stock market takes the stairs up and the elevator down. I was reminded that a 3% drop cost me the same as a TSLA model 3. I was reminded that basic algebra ca...

latesaver

Maybe this will be a controversial answer to many, but I have never understood a few aspects of the FIRE movement. It seems that some of us, at least, find careers that we are happy with, that we invest substantial parts of our energy and commitment in with some joy, and that we don’t pursue solely...

latesaver

Let's flip this around: I am 40 years old. My wife is 37 years old. Between cash, stocks and bonds I have $2.6mm saved. By the end of 2020 I expect that to be close to $3.4mm. I am in a high-earning phase. My wife makes $225K per year with salary and bonus combined. She already has $1.0mm saved. By ...

latesaver

OP, It always matters. It is always wrong to be 100/0. The market could go down and you could be unemployed. After spending your emergency fund, you will be spending your portfolio. At 100/0 and a small portfolio, you may run out of money before the recovery. How long can you last if you are unempl...

latesaver

Essentially, the financial planner quoted in the article says that retirees should expect to need $120K a year from their retirement savings, If you are going to enjoy a simple but comfortable life then you can get by easily on $30K/yr. $3 million is so ridiculous it's not even funny My property ta...

latesaver

saintsfan342000 wrote: ↑Thu Jan 02, 2020 12:55 pm
HEDGEFUNDIE wrote: ↑Thu Jan 02, 2020 12:05 pm I like to stick to more rational investments like 3x leveraged ETFs.
Post of the year.

only two days in, too soon. we'll make sure to include it in the finalists at the end of the year.

latesaver

another brag thread :D ..I'll bite, over 53% on under $170k combined income, all in tax deferred accounts. Seconded. DH 40, DW 36 dual income household, one child, one on the way. i don't keep track but personal capital does. It says we saved ~$375K this year. i am not 100% on what our combined gro...

latesaver

I'm afraid that you have completely misunderstood why he or anyone else gives to others. It is certainly not to get a tax break. Giving away $1 for no other reason than to save 12 cents would be foolish.

OK.

latesaver

Jim Dahle of the White Coat Investor reposted a very good blog post from 2012 with some updates today. Basically, it lays out what makes someone a 'compulsive saver' (e.g. spending money is literally painful, cannot fully enjoy activities that cost money) and tries to lay out ways that such a perso...

latesaver

Dale I respect what you say but in this day and age .... companies need to provide superb customer service and 24/7 around the clock ... it is the norm and what is expected. Vanguard is infamous here for their poor service and there is no excuse for keep that poor service for the sake of nostalgia....

latesaver

For me, the answer is clear, the Ravensburger 3-d puzzle Earth globe . Amazon is currently selling it at $48, but CamelCamelCamel shows lots of price variability, ranging from $17 to $50 in the last year. (I was fortunate enough to get it at $20.) My two young adult daughters had a blast collaborat...

latesaver

tvubpwcisla wrote: ↑Fri Dec 27, 2019 8:43 am The best holiday gift is a broken drum, you just can't beat it!

Get out.

latesaver

A lower cost option versus the Miele is Samsung. We bought a model that opens slightly when done and runs a fan to move air. Still get some water on top of plastic but it does help considerably. For the love of all that is holy, please don't buy a Samsung. We redid our kitchen 4 years ago and went ...

latesaver

i get that the fund drops when the dividend is paid. but...why would a small cap fund like SWSSX fall 5% overnight. It doesn't pay anywhere near a 5% dividend yield?

latesaver

100% and even then I view it with skepticism because it can only be backwards looking True. I'm waiting expectantly for the enhancement which uses future performance on a year by year basis with a breakdown on best performing funds so I can know how to reallocate annually. Once paired with our futu...

latesaver

Isn't enterprise value the "real" value of a company as it adds a company's debt (net of cash) to that company's market cap? Is there a reason P/E is quoted everywhere instead of EV/E? Or am I mistaken about enterprise value representing the "true" market cap of a company? I mea...

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