Search found 2758 matches

by heyyou
Wed Dec 13, 2017 10:51 pm
Forum: Investing - Theory, News & General
Topic: Jim Simons Medalion fund averages 71.8% annual return
Replies: 21
Views: 2817

Re: Jim Simons Medalion fund averages 71.8% annual return

The topic is about very high risk speculating, not dissimilar to interviewing winners of the lottery, after the fact. As a Main Street investor, what the Medallion Fund does or its returns, will not have any bearing on my current retirement. The info is the equivalent of porn, "Look at this, but you...
by heyyou
Mon Dec 11, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 78
Views: 6214

Re: 2018 financial goals - what are yours?

If continuing to no longer have financial goals, is a goal for the 13th year of retirement, I'm set for 2018.
by heyyou
Mon Dec 11, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: What cause BH fear about running out of saving though they have big size of asset?
Replies: 27
Views: 1639

Re: What cause BH fear about running out of saving though they have big size of asset?

Others should do what suits them, and I have my preferences. At work, I encountered older people who were living on only Social Security (SS). I haven't always had the comparatively large savings that I now have in retirement. Was laid off for six weeks within the first year after getting my first m...
by heyyou
Mon Dec 11, 2017 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 42
Views: 3326

Re: Portfolio advice: Total market vs Larry Portfolio

Topic diversion:
Trev H's four fund, tilted, equity portfolio of Vanguard funds, consisting of domestic Large Blend and Small Value, with foreign Large Value and Small Blend, at 25% each, pick your own bond allocation.
viewtopic.php?t=38374
by heyyou
Sun Dec 10, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio advice: Total market vs Larry Portfolio
Replies: 42
Views: 3326

Re: Portfolio advice: Total market vs Larry Portfolio

but with less volatility An LP portfolio value will fluctuate far differently than the broad market numbers that are reported in the daily news, and touted or lamented by your coworkers. Your perception of your LP's volatility is highly important. Consider graphing the two for comparison, measuring...
by heyyou
Sat Dec 09, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired at least 10 years, what about the money?
Replies: 43
Views: 5849

Re: For those retired at least 10 years, what about the money?

Retired at 55 in 2005, so the 2000 crash followed by a recovery was practice for the 2008 Crash in retirement which was more scary but bearable, waiting for the eventual recovery. Any supposedly extra money now, could easily evaporate in the next crash, or be needed if the next recovery is delayed. ...
by heyyou
Sat Dec 09, 2017 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10594

Re: Save all this money, what do you splurge on?

Retiring at 55 has been my favorite splurge, so far it has lasted for a dozen years. I had no idea that life could be so care free. We seem to just do whatever we want to do today, for year after year. I'm smiling as I write this, retirement has been that good.
by heyyou
Sat Dec 09, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5772

Re: Does this happen to you? Educating friends about personal finance

In behavioral finance, that situation has been labelled "anchoring." What we already know feels familiar, even when it is not as good as it could be, but changing puts us into the unknown, which would feel more uncomfortable. "What if it gets worse instead of better?" is scarier than the mediocre st...
by heyyou
Fri Dec 08, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in my early 40s? Crazy or actually doable?
Replies: 71
Views: 8646

Re: Retire in my early 40s? Crazy or actually doable?

http://www.early-retirement.org/forums/f21/ +1 and register to reduce the advertising. Posters there, do not suggest that working for money that you don't need, is better than the alternatives. I retired at 55 into the best years of my life. First there were months of euphoria about my new life of ...
by heyyou
Fri Dec 08, 2017 11:34 pm
Forum: Personal Consumer Issues
Topic: 4WD necessary/recommended on Big Island, HI
Replies: 34
Views: 2003

Re: 4WD necessary/recommended on Big Island, HI

Before going, inquire about your current car insurance covering your driving of a rental car, then you can ignore the up-sell of the extra insurance.
I second the suggestion that the gas at the Kona Costco is the cheapest on the whole island, and not just by pennies per gallon.
by heyyou
Thu Dec 07, 2017 4:00 pm
Forum: Personal Consumer Issues
Topic: 4WD necessary/recommended on Big Island, HI
Replies: 34
Views: 2003

Re: 4WD necessary/recommended on Big Island, HI

Been to BI for a couple of weeks per year, each year for the last decade. Doesn't the Big Island Revealed guide book address the lack of need for a 4WD on BI? I haven't looked. Study the book thoroughly to get a sense of any sites that are not on paved roads. As mentioned above, the tours feel over-...
by heyyou
Thu Dec 07, 2017 2:23 pm
Forum: Investing - Theory, News & General
Topic: Does it look like a bubble to you?
Replies: 42
Views: 3587

Re: Does it look like a bubble to you?

The next recession is always coming, expected to last for years, probably followed by some recovery, before the second next recession occurs, etc., etc. That is just how it goes. Save, allocate, and spend accordingly.
by heyyou
Wed Dec 06, 2017 10:36 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate from SPIA???
Replies: 41
Views: 2456

Re: Safe Withdrawal Rate from SPIA???

My analysis assumed putting the money in the stock market and going for greater average returns than that. Not a problem if you can wait long enough before starting to spend from it, or only need to withdraw a little of it annually to supplement the annuity income. At my house, we expect to adapt s...
by heyyou
Wed Dec 06, 2017 7:49 pm
Forum: Personal Consumer Issues
Topic: Recommended places to live
Replies: 54
Views: 5246

Re: Recommended places to live

Consider looking where latitude and altitude combine to fit your requirements. That is what Prescott Arizona offers. One Dallas refugee likes the climate combo of the mountains in western Panama, but only where the ONDA cable company has service. Its high speed is fast, almost 10x some of the compet...
by heyyou
Wed Dec 06, 2017 6:45 pm
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate from SPIA???
Replies: 41
Views: 2456

Re: Safe Withdrawal Rate from SPIA???

Henry "Bud" Hebeler advocated saving a portion of any type of no-COLA annuity/pension. http://www.analyzenow.com/Articles/Annuties/annuity%20articles/Real%20Value%20of%20Pensions%20and%20Annuties%206-15-12.pdf%20.pdf The third page shows calculations for how much to save and how much to spend of the...
by heyyou
Tue Dec 05, 2017 11:56 pm
Forum: Personal Consumer Issues
Topic: Beefy Brothy Stocky Thing Advice
Replies: 15
Views: 1754

Re: Beefy Brothy Stocky Thing Advice

Note that browned meat has richer flavor than boiled-only meat if both had no spices. I'm out of my league for advising about searing in a skillet versus broiling, in order to brown the ingredients before adding them, and the pan drippings, to the slow cooker.
by heyyou
Tue Dec 05, 2017 6:09 am
Forum: Investing - Theory, News & General
Topic: Amount You Need To Save Annually Over Lifespan
Replies: 80
Views: 8792

Re: Amount You Need To Save Annually Over Lifespan

Alexa9, Save all you can until you do hit the % that fits your calculations. The best growth will be from whatever you save in your 20s. Consider starting with annual Roth IRAs since they grow tax free with savings on which you have already paid income tax. Saving pay raises is simple but not easy w...
by heyyou
Tue Dec 05, 2017 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9228

Re: Regrets for taking SS at 62 or waiting?

Retired at 55 and started the no-COLA pension, boosted by taking the no-survivor benefit. Delaying SS to age 70, plus letting the portfolio continue to grow, looked good at the time. The age 70 SS is somewhat equal to the pension. When I die, SS will be paying $300 a month less than the pension. We ...
by heyyou
Sun Dec 03, 2017 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: A " Bond Tent" During the "Retirement Red Zone?"
Replies: 52
Views: 4663

Re: A " Bond Tent" During the "Retirement Red Zone?"

My opinion is that the market is supplying the appearance of certainty to those who demand it, using high tech calculations that are based on too small of a historical sample. Note that sequence risk is only for those who blindly continue to WD for 20 years after the early retirement environment tha...
by heyyou
Sat Dec 02, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Million dollar NW poverty in retirement ?
Replies: 11
Views: 2844

Re: Million dollar NW poverty in retirement ?

And savers who are already living below their means in order to save, are also practicing living on less income for their retirements. It is a convoluted message, since one way to save for retirement is by ignoring all of the advertising in that media channel. Since Aesop's Fable about the ant and t...
by heyyou
Sat Dec 02, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: I soooo want to embrace the 3 fund portfolio, but...
Replies: 25
Views: 2914

Re: I soooo want to embrace the 3 fund portfolio, but...

Just to prep you for the future, whatever you do, will not continue to be high performing, regardless of whether you keep or change your current allocation. That is just how the markets treat us long term investors, with emphasis on "long term." Booms are followed by crashes, followed by recoveries,...
by heyyou
Sat Dec 02, 2017 2:56 pm
Forum: Investing - Help with Personal Investments
Topic: The 4% rule, Firecalc and Human Nature
Replies: 86
Views: 5913

Re: The 4% rule, Firecalc and Human Nature

Consider how we seem to always seek certainty, but there just isn't any. Expect to continue to adapt in retirement, you already have 30 years of experience at living within your means. The failures of the SWR (4% real) are from early high inflation in the first decade of retirement but it still take...
by heyyou
Fri Dec 01, 2017 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: retirement strategy
Replies: 24
Views: 2656

Re: retirement strategy

During and after a stock market crash, you can choose to spend only from your bond fund holdings, while waiting for the recovery of the stock funds. Calling those bond holdings a separate bucket, is okay. A short term bond fund would partially follow inflation if it occurred. In Michael H. McClung's...
by heyyou
Wed Nov 29, 2017 10:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 133
Views: 12192

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

going forward, if factor funds underperform, investors will be faced with the dilemma of figuring out whether it is cyclical (keep investing more by rebalancing in) or "factors" are broken because of over-grazing. It will fluctuate. Just like everything else does over long periods. Might be wise to...
by heyyou
Wed Nov 29, 2017 10:18 pm
Forum: Investing - Theory, News & General
Topic: Which crash have you seen it before it is coming?
Replies: 134
Views: 9623

Re: Which crash have you seen it before it is coming?

Which crash have you seen it before it is coming? Not a single one. Attributed to Carlos Santayana: "Those who have not studied history are doomed to repeat it." Crashes occur periodically, it is only the timing that is unpredictable. Allocate accordingly. Wm. Shakespeare, Julius Caesar "The fault,...
by heyyou
Wed Nov 29, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 140
Views: 10530

Re: What are the things you want to do between 55 and 65?

I salute the others who are doing adventure before dementia. Retired at 55 and discovered that a retiree can read a book, cover to cover in a day. That is a great way to spend a day if it is a good book. Prior to R, reading was done between more active chores. I even have time to read fiction which ...
by heyyou
Tue Nov 28, 2017 11:57 am
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 133
Views: 12192

Re: Vanguard To Introduce First Actively Managed ETFs With Suite Of Factor Funds

Regardless of the future returns from those ETFs, the tone of the comments above is likely similar to when JB introduced a retail index fund based on the S&P500. We are just past the 41st anniversary of it. Is VG chasing assets and performance or are they leading the industry into the future? Should...
by heyyou
Tue Nov 28, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11162

Re: After financial independence, do you lose motivation for work?

No, I lost motivation to work long before FI. :D
by heyyou
Sun Nov 26, 2017 5:05 pm
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9404

Re: What did you do right?

As the last child of a Depression era couple who owned a small business since the 1940s, I saw how to live within my means from the start, and was exposed to buy and hold stock ownership. I inherited some facility with arithmetic. I married someone who turned out to be a better tightwad than I am. H...
by heyyou
Sat Nov 25, 2017 3:30 pm
Forum: Personal Consumer Issues
Topic: Toyota older, "good" cars - my observations
Replies: 48
Views: 4214

Re: Toyota older, "good" cars - my observations

The key is finding one that these older, low mileage drivers want to sell. Patience is fullness, but as soon as you buy one of the few that you can find, expect two more to pop up with either less miles or a cheaper price, similar to the price volatility just after doing a Roth conversion. c'est la...
by heyyou
Thu Nov 23, 2017 3:54 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau’s new book: How Much Can I Spend in Retirement?
Replies: 51
Views: 12455

Re: Wade Pfau’s new book: How Much Can I Spend in Retirement?

Thank you Bob/rgroden, a very informative first post.
by heyyou
Thu Nov 23, 2017 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: DFA International Core Equity (DFIEX) - thoughts anyone?
Replies: 4
Views: 656

Re: DFA International Core Equity (DFIEX) - thoughts anyone?

You get foreign, some value, and less Large Growth exposure, in a fund from a respected fund provider. What's not to like about it? I would suspect that mega-sized businesses, both foreign and domestic, are correlated. Where as Trev H, one of the quants here, has noted that foreign small and domesti...
by heyyou
Thu Nov 23, 2017 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9228

Re: Regrets for taking SS at 62 or waiting?

Delayed gratification has always paid well in the past, so I bet on it again. Retired at 55 with a fair portfolio and a skimpy no-COLA pension increased by no survivor benefit, so delaying my SS to age 70 boosts her tiny SS when my pension dies with me. My greatest fear was another bout of high infl...
by heyyou
Tue Nov 21, 2017 5:55 am
Forum: Investing - Help with Personal Investments
Topic: Slice and Dice
Replies: 40
Views: 3284

Re: Slice and Dice

First consider how many allocations are all good enough since the savings rate is far more important than minor allocation differences. My allocation suits me. Others should do what suits them. Since the 2000 Crash, I've tried to reduce my Large Growth exposure that is so common in S&P500 and Total ...
by heyyou
Mon Nov 20, 2017 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options
Replies: 20
Views: 1077

Re: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options

Consider how many allocations are good enough if held through the market fluctuations. Pick what fits well, then keep it.
What matters more is savings rate, and we even have some control of that.
by heyyou
Mon Nov 20, 2017 2:00 am
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 38
Views: 3749

Re: Why I am not happy even with OK Net Asset

Read about money and happiness, Elizabeth Dunn is one of the authors. It is your perceptions, not your net worth, that shape your feelings. Lack of money is a problem, but more than adequate money does not necessarily bring more happiness. Ask any miser/hoarder. When the first John D. Rockefeller (w...
by heyyou
Sun Nov 19, 2017 3:50 pm
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9874

Re: Retirees: I got this!!

I'd say moving to a low cost-of-living area has done more to make us feel relaxed about our finances in retirement than any other factor. A LCOL area with good healthcare facilities, plus plenty of outdoor recreation options, has been a boon to our retirement. Same here, with emphasis on the outdoo...
by heyyou
Sun Nov 19, 2017 3:28 pm
Forum: Investing - Help with Personal Investments
Topic: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options
Replies: 20
Views: 1077

Re: Trev H Four-Fund Portfolio Tax Loss Harvesting Partner Options

I'm happy with my 1/N slice and dice portfolio that reduces my exposure to Large Growth that crashed so far in 2000.
Others should do what suits them, since each of us will have to tolerate the market crashes.
by heyyou
Sat Nov 18, 2017 7:34 pm
Forum: Investing - Theory, News & General
Topic: Anti-Index Fund Arguments - Help staying the course.
Replies: 19
Views: 2568

Re: Anti-Index Fund Arguments - Help staying the course.

In the long run, we all get about average performance minus our investing expenses. Our market exposure time is from when we start saving until portfolio exhaustion. The low cost advantage of index funds compounds over that long period, as do the higher costs of actively managed funds. There are inv...
by heyyou
Sat Nov 18, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: As we gear up for the predictions season, a look back on how they fared for 2017 so far
Replies: 19
Views: 2290

Re: As we gear up for the predictions season, a look back on how they fared for 2017 so far

As we gear up for the predictions season, a look back on how they fared for 2017 so far
Predictions are as useful as daily rush hour traffic reports for retirees.
From Firesign Theater "Who knows? Who cares?"
by heyyou
Sat Nov 18, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Current precarious equity environment for a retiree
Replies: 43
Views: 3421

Re: Current precarious equity environment for a retiree

This time is not much different than history with its booms and busts built into the retirement spending calculations. Portfolio failure takes a long time to develop. The Variable Percentage Withdrawal (VPW) developed by some of the posters here, shows the ending annual portfolio values for the wors...
by heyyou
Sat Nov 18, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: Marijuana stocks
Replies: 11
Views: 1284

Re: Marijuana stocks

The advice here is often from folks who have successfully, patiently saved and invested for decades to get enough to have a very comfortable retirement, with emphasis on the patience and the length of time. There is always something that looks like the next new, hot investment. Yes, someone will mak...
by heyyou
Tue Nov 14, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: Favorite Holiday Recipes
Replies: 48
Views: 3993

Re: Favorite Holiday Recipes

Pumpkin Spiced Eggnog (without alcohol)
Others joke about "pumpkin spiced" everything, but I like the eggnog. Try it in your breakfast oatmeal.
by heyyou
Tue Nov 14, 2017 1:06 pm
Forum: Investing - Theory, News & General
Topic: Do DFA advisors get kickbacks?
Replies: 11
Views: 1685

Re: Do DFA advisors get kickbacks?

Haven't looked in 15 years, but Fidelity sold "advisor class" funds with a .25% annual kickback to the advisor who put my money in that class of funds. If that is your question, then no, DFA does not have that class of their funds.
by heyyou
Mon Nov 13, 2017 8:11 pm
Forum: Investing - Theory, News & General
Topic: Buffett 90/10 Portfolio vs Target Retirement
Replies: 29
Views: 3384

Re: Buffett 90/10 Portfolio vs Target Retirement

Buffett is donating his BRK stock to the Gates Foundation when he dies. His wife is getting his cash which is $100+ million and he has advised her trustees to invest it 90/10 in the 500 index and cash/bonds. Just the dividends from the $100 million will support her. Unless you have millions invested...
by heyyou
Mon Nov 13, 2017 2:04 pm
Forum: Investing - Theory, News & General
Topic: Is the 4% SWR still valid because inflation is low despite low rates?
Replies: 5
Views: 669

Re: Is the 4% SWR still valid because inflation is low despite low rates?

The future is unknown, so risk is a permanent part of it. There isn't any certainty, just better and better research based on history. When Bengen did his SWR research, consider the info available and the computer capability of 1991. Since his SWR is based on the worst case, take a look at the remai...
by heyyou
Sun Nov 12, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: 1/n Portfolio
Replies: 14
Views: 1402

Re: 1/n Portfolio

My opinion is, allocating is about whatever will help you stay the course and even rebalance during a crash. Note that there are many, many allocations that will adequately grow a retirement nest egg for a diligent saver, with emphasis on the saving instead of nit-picking about how the equities are ...
by heyyou
Sat Nov 11, 2017 9:59 am
Forum: Investing - Theory, News & General
Topic: Retirees: I got this!!
Replies: 82
Views: 9874

Re: Retirees: I got this!!

Been retired for 12 years. In 2008 we just stayed home until the recovery was significant. We knew we would be okay but that was not the retirement that we wanted, then the recovery occurred.
by heyyou
Sat Nov 11, 2017 3:10 am
Forum: Investing - Theory, News & General
Topic: Wes Gray: Do Trend Folowing Managed Futures Increase Safe Withdrawal Rates?
Replies: 14
Views: 1083

Re: Wes Gray: Do Trend Folowing Managed Futures Increase Safe Withdrawal Rates?

But history doesn’t repeat itself exactly nor will investors behave exactly the same way. Well said. Unexpected deflation of oil prices ruined CCFs, and took the shine off of TIPS. Also beware of distorting futures markets by moving extra billions of dollars in and out of them on a predictable sche...
by heyyou
Sat Nov 11, 2017 1:55 am
Forum: Investing - Theory, News & General
Topic: The fear of retirement, black swan, and math to dissuade the fear.
Replies: 136
Views: 13142

Re: The fear of retirement, black swan, and math to dissuade the fear.

So better acknowledge the problem, and plan to be adaptive, flexible and well-informed. DW and I expect to adapt to whatever occurs in our retirement, both the good and the bad. We now have 40 years of experience at living below our means in our LCOL area. Prior to retirement, due to our high savin...