Search found 215 matches

by Socal77
Sat Oct 10, 2020 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Should I quit high paying job?
Replies: 144
Views: 17335

Re: Should I quit high paying job?

I just quit my job yesterday mainly due to the leadership. Not as bad as yours but I was done with them. I have nothing lined up but my minimalist lifestyle and emergency fund including cash and stock can last me around 3 years or more. 45 yo, 630K net worth, no debt, retirement income forecast as o...
by Socal77
Sat Oct 10, 2020 9:35 am
Forum: Personal Investments
Topic: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment
Replies: 103
Views: 8839

Re: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment

True about ITOT and IXUS dividend taxes. But those you can pay with the dividend payments received. The zerofunds unknown and variable capital gains taxes will need to be paid out of your after tax income every year. So you can have an unexpected capital gains tax every year with some zerofunds whe...
by Socal77
Sat Oct 10, 2020 9:24 am
Forum: Personal Consumer Issues
Topic: Noise in Rental Apartment
Replies: 49
Views: 3935

Re: Noise in Rental Apartment

Been there. I have a top floor rule when renting or buying. Matter a fact, I was looking at a condo floorplan just last week where it was the same floorplan but newly remodeled, bottom unit instead of top floor, just to see the re-modeling job. When my agent and I were inside for about 5 minutes, du...
by Socal77
Sun Jul 26, 2020 12:38 pm
Forum: Non-US Investing
Topic: Is it possible to copy the best hedge fund ever,The Renaissance ??
Replies: 60
Views: 6315

Re: Is it possible to copy the best hedge fund ever,The Renaissance ??

No. They are not investing with the fund you cite. That fund is a high frequency trading arbitrage, bid ask spread, front run, etc. type of fund where James Simons is literally a mathematical genius at the top of the achievable spectrum. They are some of the only people to look for and find verifiab...
by Socal77
Thu Jul 23, 2020 7:53 pm
Forum: Personal Consumer Issues
Topic: Oddly Difficult to Find Items During the Pandemic
Replies: 307
Views: 28797

Re: Oddly Difficult to Find Items During the Pandemic

Small .94 cent aroma candles at Walmart. Great value with effective strength. At Target like 3 bucks for a Glade candle.

Isopropyl alcohol. I've used it for a long time to sanitize my electric razor blades and had to order some online.
by Socal77
Tue Jul 21, 2020 9:17 am
Forum: Personal Finance (Not Investing)
Topic: It is okay to spend money on depreciating assets?
Replies: 51
Views: 3749

Re: It is okay to spend money on depreciating assets?

Try not to. A common leak is buying or leasing new car after new car when young. I did it and finally broke the cycle with a paid off Toyota Corolla.
by Socal77
Thu Jul 16, 2020 1:28 pm
Forum: Personal Investments
Topic: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment
Replies: 103
Views: 8839

Re: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment

One thing to consider is the Fidelity Zero funds taxes are calculated and owed every year regardless of buying and selling. Compare to my 2 stock fund portfolio Blackrock IXUS total International and ITOT total domestic taxes are not owed until sold. This is a misleading. iShares ETFs like IXUS and...
by Socal77
Wed Jul 15, 2020 7:17 pm
Forum: Personal Investments
Topic: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment
Replies: 103
Views: 8839

Re: Jack and Vanguard Faithful Considering Fidelity Index Funds for Zero Minimum Investment

One thing to consider is the Fidelity Zero funds taxes are calculated and owed every year regardless of buying and selling.

Compare to my 2 stock fund portfolio Blackrock IXUS total International and ITOT total domestic taxes are not owed until sold.
by Socal77
Sun Jul 12, 2020 3:20 pm
Forum: Personal Investments
Topic: Consolidating to Fidelity
Replies: 30
Views: 3507

Re: Consolidating to Fidelity

Looked at this a few times and still can't justify keeping cash with Fidelity because of their low yield MM accounts. Cap 360 is at 1% currently.
by Socal77
Sun Jul 12, 2020 9:01 am
Forum: Investing - Theory, News & General
Topic: Current safe withdrawal rate or slightly aggressive withdrawal rate
Replies: 27
Views: 2404

Re: Current safe withdrawal rate or slightly aggressive withdrawal rate

Social Security schedule if I make 55k per year until 62 plus accrued benefits is $1894 at 62 to $3344 at 70. Of course if I work part time and make less than 55k/yr it would be less than that schedule but not sure how much less. Get your earnings record from your SSA statement, and then plug in th...
by Socal77
Mon Jul 06, 2020 12:14 pm
Forum: Investing - Theory, News & General
Topic: Current safe withdrawal rate or slightly aggressive withdrawal rate
Replies: 27
Views: 2404

Re: Current safe withdrawal rate or slightly aggressive withdrawal rate

There is also a fundamental dilemma in the whole SWR concept that planning at the SWR is pretty much a guarantee that one will die with a lot of unspent wealth. After reams of discussion I am not sure anyone has completely solved that problem. The best thing is probably to have passing on some mone...
by Socal77
Fri Jun 26, 2020 11:20 am
Forum: Investing - Theory, News & General
Topic: Current safe withdrawal rate or slightly aggressive withdrawal rate
Replies: 27
Views: 2404

Re: Current safe withdrawal rate or slightly aggressive withdrawal rate

Does anyone believe that since the Dow and SP500 are roughly flat to down year over year and 2 years the SWR or SAWR could be more than the previous rough consensus 3-3.5% SWR? Just focus on the long-term and figure out your situation based on your planned budget, asset allocation, years in retirem...
by Socal77
Fri Jun 26, 2020 11:08 am
Forum: Investing - Theory, News & General
Topic: Current safe withdrawal rate or slightly aggressive withdrawal rate
Replies: 27
Views: 2404

Re: Current safe withdrawal rate or slightly aggressive withdrawal rate

Does anyone believe that since the Dow and SP500 are roughly flat to down year over year and 2 years the SWR or SAWR could be more than the previous rough consensus 3-3.5% SWR? What's your budget? What are your assets? how old are you? How much do you really need to meet your expenses? what other i...
by Socal77
Fri Jun 26, 2020 10:30 am
Forum: Investing - Theory, News & General
Topic: Current safe withdrawal rate or slightly aggressive withdrawal rate
Replies: 27
Views: 2404

Re: Current safe withdrawal rate or slightly aggressive withdrawal rate

Does anyone believe that since the Dow and SP500 are roughly flat to down year over year and 2 years the SWR or SAWR could be more than the previous rough consensus 3-3.5% SWR? No, neither the 3-3.5% "consensus" nor the predictive value of the last one or two years market performance shou...
by Socal77
Thu Jun 25, 2020 9:33 am
Forum: Investing - Theory, News & General
Topic: Current safe withdrawal rate or slightly aggressive withdrawal rate
Replies: 27
Views: 2404

Current safe withdrawal rate or slightly aggressive withdrawal rate

Does anyone believe that since the Dow and SP500 are roughly flat to down year over year and 2 years the SWR or SAWR could be more than the previous rough consensus 3-3.5% SWR?
by Socal77
Sun Jun 07, 2020 12:52 pm
Forum: Personal Consumer Issues
Topic: Do you feel safe going to a hair salon or barber shop?
Replies: 32
Views: 1702

Re: Do you feel safe going to a hair salon or barber shop?

This thread has been helpful. Not in terms of getting a haircut/shave (I’m looking like David Letterman or Herman Melville lately), but to know which users I’d ignore if BH had such a function. For the record, as I’m in a high risk group, I will use my electric razor one of these days, but I’m deal...
by Socal77
Sun Jun 07, 2020 12:52 pm
Forum: Personal Consumer Issues
Topic: Do you feel safe going to a hair salon or barber shop?
Replies: 32
Views: 1702

Re: Do you feel safe going to a hair salon or barber shop?

I am going back to the office soon and long overdue for a haircut! They recently re-opened the hair salons and barber shops in my state. I have heard that some have plexiglass and require wearing masks. W With that being said, it is impossible to get a haircut from 6 feet away. Are you comfortable ...
by Socal77
Sun Jun 07, 2020 12:29 pm
Forum: Personal Consumer Issues
Topic: Do you feel safe going to a hair salon or barber shop?
Replies: 32
Views: 1702

Re: Do you feel safe going to a hair salon or barber shop?

I feel safe as I ever was in life going anywhere. I'm of the opinion this situation has sadly and erroneously scarred public social psychology. Plexi-glass added between common public social human transactions? Ummm. Seriously? I mean, why should we protect the grocery workers from horrendous outbr...
by Socal77
Sun Jun 07, 2020 12:24 pm
Forum: Personal Consumer Issues
Topic: Do you feel safe going to a hair salon or barber shop?
Replies: 32
Views: 1702

Re: Do you feel safe going to a hair salon or barber shop?

JonnyDVM wrote: Sun Jun 07, 2020 12:13 pm Yes. How long does everyone plan to hide?
Exactly. Is 2020 the year in which the global human population needed to adopt a plastic bubble society for survival?
by Socal77
Sun Jun 07, 2020 11:55 am
Forum: Personal Consumer Issues
Topic: Do you feel safe going to a hair salon or barber shop?
Replies: 32
Views: 1702

Re: Do you feel safe going to a hair salon or barber shop?

I feel safe as I ever was in life going anywhere. I'm of the opinion this situation has sadly and erroneously scarred public social psychology. Plexi-glass added between common public social human transactions? Ummm. Seriously?
by Socal77
Tue Jun 02, 2020 11:24 am
Forum: Personal Investments
Topic: Fidelity Cash Management
Replies: 10
Views: 2629

Re: Fidelity Cash Management

Was just re-visiting moving my money to Fidelity CMA. Seems the incentive is pretty tiny now. Using any ATM with re-reimbursed fees seems the best reason at the moment. Due to low MM rates seems I'll postpone it again, or just not do it because it seems high yield savings will consistently stay ahea...
by Socal77
Mon May 25, 2020 10:23 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 183
Views: 10315

Re: Tips to stick to a weight loss diet?

Keep minimal types of food in house. Eat minimal. Get a scale and weigh every morning to keep weight loss or gain visible.
by Socal77
Sun May 17, 2020 6:44 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 56050

Re: How Is Your Job Being Impacted By The Current Crisis?

Lost my job. They closed down the Las Vegas Gulfstream aircraft maintenance center. The scale of the facility probably wasn't ideal with the company position anyway (too small).
by Socal77
Sat May 02, 2020 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Lost job and Unemployment system in Nevada
Replies: 3
Views: 642

Re: Lost job and Unemployment system in Nevada

Yes this is a really big deal for me because one tiny mistake and I'm out big benefits to the tune of 1K per week until late July. All of my co-workers so far got it right and it was seamless for them online.
by Socal77
Sat May 02, 2020 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Lost job and Unemployment system in Nevada
Replies: 3
Views: 642

Lost job and Unemployment system in Nevada

I recently lost my job and locked myself out of the Nevada unemployment online application process due to selecting the wrong employer because it was written a little different than I'm used to seeing so I selected "none of the above." After I was locked out I was given a message to call t...
by Socal77
Tue Apr 07, 2020 8:37 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 107
Views: 8700

Re: Budget Coffee

Gevalia.

This: https://www.walmart.com/ip/Gevalia-Hous ... g/47333607

Or their other type of your choice. https://www.gevalia.com/bagged-coffee/

Around 10 bucks for 20 oz at Target or Walmart.

Extremely good for the price.
by Socal77
Mon Mar 23, 2020 5:28 pm
Forum: Investing - Theory, News & General
Topic: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open
Replies: 155
Views: 13495

Re: S&P500 and Dow Futures Hit Limit Down After Reaching 5% Down Limit for Monday Open

I’m a hospital doctor. Things are going to be bad but never forget that victory is inevitable. We will get through this, and in my opinion the aftermath will be short lived. Please do not panic sell/capitulate unless you got your AA badly wrong and are permanently switching to a more conservative b...
by Socal77
Sat Mar 21, 2020 10:56 pm
Forum: Investing - Theory, News & General
Topic: Why do people keep saying you have to be right twice?
Replies: 213
Views: 7922

Re: Why do people keep saying you have to be right twice?

...with market timing. You don't, you only have to be right ONCE. You're already up after a single decision to sell at the right time. The second decision is a triviality. Worst case, you can buy back in and break even. The almost impossibility is buying and selling at the right times over and over...
by Socal77
Sat Mar 21, 2020 9:47 pm
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 12148

Re: I won the game but kept playing

But if you have 1.5 mill at bottom that's where you may have 6 mill at next top. Roughly speaking. That's how I've trained myself to look at these drops being a 45 yo accumulator had about 580K now about 480K. If my total loss is 400K I have a chance at 1.6 to 2 mill after next bull. Maybe less but...
by Socal77
Sat Mar 21, 2020 9:44 pm
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 12148

Re: I won the game but kept playing

But if you have 1.5 mill at bottom that's where you may have 6 mill at next top. Roughly speaking. That's how I've trained myself to look at these drops being a 45 yo accumulator had about 580K now about 480K. If my total loss is 400K I have a chance at 1.6 to 2 mill after next bull. Maybe less but...
by Socal77
Sat Mar 21, 2020 11:36 am
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 12148

Re: I won the game but kept playing

But if you have 1.5 mill at bottom that's where you may have 6 mill at next top. Roughly speaking. That's how I've trained myself to look at these drops being a 45 yo accumulator had about 580K now about 480K. If my total loss is 400K I have a chance at 1.6 to 2 mill after next bull. Maybe less but ...
by Socal77
Sun Mar 08, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 379
Views: 27377

Re: [Why aren't forum members following the "Stay the course" approach?]

Another difference in my approach is to save more in my taxable even though it's not perfect Boglehead philosophy because I want a really good buffer against depending on continuous employment for my expenses until minimum retirement age. I think Boglehead philosophy is perfectly fine with investin...
by Socal77
Sun Mar 08, 2020 1:29 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 379
Views: 27377

Re: [Why aren't forum members following the "Stay the course" approach?]

We may not all be perfect behaviorally with asset allocation but the number one trait most bogleheads have developed is to ensure they are saving pretty heavily and consuming within their means. Even if you make some basic asset allocation missteps (like me having a lot of cash and reducing my allo...
by Socal77
Sun Mar 08, 2020 12:41 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 379
Views: 27377

Re: [Why aren't forum members following the "Stay the course" approach?]

We may not all be perfect behaviorally with asset allocation but the number one trait most bogleheads have developed is to ensure they are saving pretty heavily and consuming within their means. Even if you make some basic asset allocation missteps (like me having a lot of cash and reducing my alloc...
by Socal77
Tue Feb 25, 2020 9:24 pm
Forum: Personal Investments
Topic: 38 yr old having 2nd thoughts...
Replies: 93
Views: 10921

Re: 38 yr old having 2nd thoughts...

OP, this is a great forum no matter your income. One can become rich not only by increasing assets, but also by decreasing desires.
by Socal77
Fri Feb 21, 2020 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: How Many Accounts for Cash?
Replies: 52
Views: 4140

Re: How Many Accounts for Cash?

1) US Bank checking.
2) Cap 360 Performance High Yield Savings.
3) Fidelity 401K, HSA, Roth, Taxable.

Thought about closing US Bank checking and using Fidelity Cash Management account plus 2% cash back card but have not done so yet.
by Socal77
Fri Feb 14, 2020 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Entry-Level Jobs with Pensions - What companies still offer pensions these days?
Replies: 155
Views: 12578

Re: Entry-Level Jobs with Pensions - What companies still offer pensions these days?

Whether a company offers pensions now is irrelevant. The real question is whether it will continue to do so throughout your career until you're ready to retire. Many that used to provide pensions don't anymore. Some just froze them. Others converted them into 401Ks on terms less favorable to the em...
by Socal77
Sun Feb 02, 2020 1:07 pm
Forum: Personal Investments
Topic: Do you feel less willing to contribute as retirement accounts get larger?
Replies: 57
Views: 4651

Re: Do you feel less willing to contribute as retirement accounts get larger?

Yes because my conservative forecasted retirement income is a sufficient floor for my desired lifestyle with zero future contributions.
by Socal77
Sun Jan 19, 2020 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Why retire?
Replies: 267
Views: 17419

Re: Why retire?

Due to the American labor stress culture. It's not just the American labor, it's the global labor. It's worthwhile to retire to have an option to disconnect from the 24/7 online availability. Victoria Well said. Slowly corporations have used scale to obligate and socially engineer people to accept ...
by Socal77
Sun Jan 19, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Why retire?
Replies: 267
Views: 17419

Re: Why retire?

Due to the American labor stress culture.
by Socal77
Sat Jan 04, 2020 2:48 pm
Forum: Investing - Theory, News & General
Topic: Now is a good time to start tracking your net worth.
Replies: 123
Views: 11675

Re: Now is a good time to start tracking your net worth.

Barefoot wrote: Thu Jan 02, 2020 6:40 pm Why do I need to know my net worth?

Why should I care?
The way I see it the higher my net worth the less I rely on other peoples' decisions for my livelihood.

In other words, more independence.
by Socal77
Thu Nov 28, 2019 1:31 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity
Replies: 62
Views: 6092

Re: Vanguard vs. Fidelity

Achilles heel of Fidelity is short term safe money fund selection. It's not as good as Vanguard on money markets, but Fidelity is still very competitive... Roughly .20% more expensive, which adds up over time... But far from horrible. They are OK at about .8 apr for SPAXX or something similar after...
by Socal77
Thu Nov 28, 2019 12:20 pm
Forum: Personal Investments
Topic: Vanguard vs. Fidelity
Replies: 62
Views: 6092

Re: Vanguard vs. Fidelity

Achilles heel of Fidelity is short term safe money fund selection.
by Socal77
Sat Nov 16, 2019 2:05 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 151
Views: 14453

Re: Best thing you have ever bought?

Toothbrush
by Socal77
Tue Nov 12, 2019 8:47 am
Forum: Personal Consumer Issues
Topic: Las Vegas Areas and Real Estate
Replies: 16
Views: 2791

Re: Las Vegas Areas and Real Estate

Hey All Good Folks, We are looking to buy a home in the Las Vegas area. Did you end up buying in Las Vegas? No, we never did. We went and looked twice. I personally thought parts were beautiful and especially the first time we went (like Feb/March) weather was awesome. I actually ended up taking a ...
by Socal77
Tue Nov 12, 2019 7:36 am
Forum: Personal Consumer Issues
Topic: Las Vegas Areas and Real Estate
Replies: 16
Views: 2791

Re: Las Vegas Areas and Real Estate

anonsdca wrote: Wed Dec 28, 2016 10:59 pm Hey All Good Folks,

We are looking to buy a home in the Las Vegas area.
Did you end up buying in Las Vegas?
by Socal77
Tue Oct 22, 2019 4:13 pm
Forum: Personal Consumer Issues
Topic: Rebrand to a new career...
Replies: 19
Views: 2627

Re: Rebrand to a new career...

Been looking into this myself at middle age. It's not set up here to switch careers very easy at all. Seems really helps to be a "recent grad." AKA... :-)