Search found 63 matches

by skime
Tue Oct 09, 2018 9:04 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 13990

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Why would I be wrong in my opinion that 2% is the max perpetual SWR for early retirement? I understand that there's a chance that I may accumulate significant assets over time. I'd rather do that than risk running out of money.

Anyone else think this way?
by skime
Thu Sep 27, 2018 9:10 am
Forum: Personal Consumer Issues
Topic: Am I using facebook correctly?
Replies: 43
Views: 3331

Re: Am I using facebook correctly?

Is there a way to selectively dial in how much of friends' posts you want to see? It seems it's a binary everything or none option.. There has got to be some way to do it in an "analog" fashion. I have resorted to "unfollowing" 90% of my friends because my newsfeed is cluttered with irrelevant self...
by skime
Tue Sep 25, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: Inflation and withdrawal from portfolio
Replies: 23
Views: 918

Re: Inflation and withdrawal from portfolio

Thanks all. I'll send him the link to this string.
by skime
Tue Sep 25, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: Inflation and withdrawal from portfolio
Replies: 23
Views: 918

Re: Inflation and withdrawal from portfolio

My brother in law is retired. He told me he uses 33% of what his portfolio generates ( cap gains , dividends and interest) every year for his expenses. He reinvests all capital gains and a portion of the dividends and interest. We are trying to figure out what you are saying here. How does his port...
by skime
Tue Sep 25, 2018 2:48 pm
Forum: Investing - Theory, News & General
Topic: Inflation and withdrawal from portfolio
Replies: 23
Views: 918

Re: Inflation and withdrawal from portfolio

He reinvests all capital gains and a portion of the dividends and interest. He lives on a portion of the dividends and interest only - he takes no capital gains from the account. That amount he lives on equates to 33% of the average portfolio returns. His portfolio AA is 40/60. That doesn't sound r...
by skime
Tue Sep 25, 2018 1:41 pm
Forum: Investing - Theory, News & General
Topic: Inflation and withdrawal from portfolio
Replies: 23
Views: 918

Re: Inflation and withdrawal from portfolio

So what is his plan when there is a bear market year? I'm thinking, to be consistent, he would need to contribute (from outside sources) 33% of any loss to his portfolio that year. He reinvests all capital gains and a portion of the dividends and interest. He lives on a portion of the dividends and...
by skime
Tue Sep 25, 2018 11:18 am
Forum: Investing - Theory, News & General
Topic: Inflation and withdrawal from portfolio
Replies: 23
Views: 918

Re: Inflation and withdrawal from portfolio

Does this mean that you're taking 10x more than the portfolio allows for? I don't understand your response.
by skime
Tue Sep 25, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Inflation and withdrawal from portfolio
Replies: 23
Views: 918

Re: Inflation and withdrawal from portfolio

He retired two years ago.
by skime
Tue Sep 25, 2018 10:32 am
Forum: Investing - Theory, News & General
Topic: Inflation and withdrawal from portfolio
Replies: 23
Views: 918

Inflation and withdrawal from portfolio

My brother in law is retired. He told me he uses 33% of what his portfolio generates (cap gains, dividends and interest) every year for his expenses. He reinvests the other 66% every year. He wonders if that is enough reinvestment to cover inflation over a long period of time. Does anyone here have ...
by skime
Sun Sep 16, 2018 6:21 am
Forum: Personal Finance (Not Investing)
Topic: The Boglehead is anti-entrepreneur?
Replies: 62
Views: 4060

Re: The Boglehead is anti-entrepreneur?

I told a former colleague I used the BH forums and his response was “Yeah, they don’t like our tribe.” What he meant was we believed in taking risk. He built and sold a company: I had 80% of my NW tied to my company stock for more than 15 years. Both of us had borrowed heavily at times to maximize ...
by skime
Sat Sep 15, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation house? Need objective third party
Replies: 67
Views: 6089

Re: Vacation house? Need objective third party

If it were me, I would ask myself why I only have approximately $2mm saved on an income of $1.5mm. I would be more concerned with building a substantial asset portfolio long before I would consider an emotional purchase of a cash flow drag. At the moment it seems as if you have a bit over 1x gross ...
by skime
Tue Sep 11, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: Advice on how to deal with barking dogs
Replies: 59
Views: 5213

Re: Advice on how to deal with barking dogs

Call the SPCA immediately. That's absolutely animal cruelty. You can't leave a dog in a cage 24/7. That's why it's barking. It's under severe stress.

Don't wait. The dog's life depends on it.
by skime
Mon Sep 10, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Vacation house? Need objective third party
Replies: 67
Views: 6089

Re: Vacation house? Need objective third party

If it were me, I would ask myself why I only have approximately $2mm saved on an income of $1.5mm. I would be more concerned with building a substantial asset portfolio long before I would consider an emotional purchase of a cash flow drag. At the moment it seems as if you have a bit over 1x gross i...
by skime
Fri Aug 31, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Is it time to go shorter in bonds ?
Replies: 109
Views: 8332

Re: Is it time to go shorter in bonds ?

With the Fed's continuing program of raising short-term rates, the spread between the 2-yr and 10-yr Treasuries has narrowed to just 0.20% compared to a historic spread of about 2.0%. This flat yield curve has analysts saying that investors in intermediate term bond funds (such as Vanguard Total Bo...
by skime
Wed Aug 29, 2018 3:26 am
Forum: Investing - Help with Personal Investments
Topic: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.
Replies: 80
Views: 13705

Re: Retiring. 28 y.o. $5M in cash. Asking for advice for portfolio.

I defer to the superior wisdom of the crowd on this board, however, if I were 28 I’d be terrified of having to live a standard lifespan with only $5M in fiat-currency-denominated investments. A lot can happen. The next 50 years might be more rough-and-tumble than the last. OP, can you pull other ra...
by skime
Tue Aug 14, 2018 3:45 pm
Forum: Investing - Theory, News & General
Topic: 40/60 portfolio
Replies: 5
Views: 1000

40/60 portfolio

Any idea as to the performance of this portfolio over time?
by skime
Mon Aug 13, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: What's a good way to calculate when I have won the game??
Replies: 23
Views: 4585

Re: What's a good way to calculate when I have won the game??

You've won the game when you have 50x+ annual expenses.
by skime
Tue Jul 17, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14606

Re: Early retirement

My response, "I'm starting a new job as a multi-million dollar retirement asset manager". :sharebeer I love it! I agree with Hockey10 and WillThrill81. Whatever comment or question they have respond with what WillThrill81 said about being a asset manager or tell them you did really well with your i...
by skime
Sun Jul 15, 2018 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Perpetual Withdrawal Rate
Replies: 9
Views: 1681

Perpetual Withdrawal Rate

Does anyone know where to find information about the perpetual withdrawal rate for a 40/60 portfolio?
by skime
Sun Jul 15, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14606

Re: Early retirement

Does it matter? I'm sure some things have been said to me, but I don't really recall because their opinions are immaterial to me. I've never found any fun in caring what others think. It matters to me in a contrarian way. I enjoy doing the opposite of what everyone else tells me to do, or not to do...
by skime
Sat Jul 14, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14606

Re: Early retirement

My friends were mostly happy for me to retired early. I don't think most people care about what the other people are doing, they are too busy with their own life. This is my point. Who really care about you retired early or not? Probably you yourself fell so special that you think too much about ot...
by skime
Sat Jul 14, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14606

Re: Early retirement

Wow - thanks for all of the great and helpful responses.
by skime
Fri Jul 13, 2018 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14606

Re: Early retirement

Thanks for posting, Skime; I'll be following this thread with interest. I'm about a year or so from retiring early, but I've read many many things here and elsewhere about others' reactions to an early retiree's decision. I've also experienced unexpected reactions from close friends and family as I...
by skime
Fri Jul 13, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14606

Re: Early retirement

I'm 48
by skime
Fri Jul 13, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14606

Early retirement

I retired early. I've had some very interesting interactions with people when they find out I've done so. Some are socially awkward, some rude, some confused and other bizarre reactions.

Has anyone else experienced what I have?
by skime
Sun Jun 10, 2018 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Dividend Buffer
Replies: 24
Views: 2452

Re: Dividend Buffer

Interesting responses. I'll set forth a guideline. Let's say for instance that the s&p 500 dividend is the one you're using exclusively for withdrawals.

What buffer would you be comfortable with having to protect from eating cat food if s&p 500 dividends were cut?
by skime
Fri Jun 08, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Dividend Buffer
Replies: 24
Views: 2452

Dividend Buffer

There are a number of opinions as to whether living on dividends/interest is a good idea or not. For those that are comfortable with living on dividends/interest, what is a margin of safety between annual expenses and annual dividends/interest that you are comfortable with? For instance double the a...
by skime
Sat May 05, 2018 5:14 am
Forum: Personal Consumer Issues
Topic: Buying a Boat
Replies: 47
Views: 5364

Re: Buying a Boat

If you're going to be in freshwater and the ocean, I'd look at either Pursuit or Grady White. They ride much better than a Whaler. The Whaler slaps through the water. That's fine for flat water lakes/rivers. But if you're in an ocean chop, you want a deep v hull. Things can go bad in a hurry on the ...
by skime
Sat Apr 14, 2018 4:41 pm
Forum: Investing - Theory, News & General
Topic: Trinity Study updated to 2018
Replies: 156
Views: 17680

Re: Trinity Study updated to 2018

What withdrawal rate and AA would you use at 50?
by skime
Tue Apr 10, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: Toyota 4 Runner
Replies: 39
Views: 4096

Re: Toyota 4 Runner

Thanks for all of the responses. It's interesting to hear that the only complaint is fuel economy. It's also pretty evident from the responses that everyone seems to love it.
by skime
Sun Apr 08, 2018 5:29 pm
Forum: Personal Consumer Issues
Topic: Toyota 4 Runner
Replies: 39
Views: 4096

Re: Toyota 4 Runner

Thanks for all of the great responses. Has anyone had extensive experience with it in the snow?
by skime
Sun Apr 08, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: Toyota 4 Runner
Replies: 39
Views: 4096

Re: Toyota 4 Runner

Very low mileage or brand new.
by skime
Sun Apr 08, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: Toyota 4 Runner
Replies: 39
Views: 4096

Toyota 4 Runner

I'm wondering if someone could share their ownership experience with the Toyota 4Runner. I'm looking for a new car and this is one I'm considering.
by skime
Tue Apr 03, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 169
Views: 24144

Re: Retire at 55, what's the magic number

Also if you never want to retire. 40-50x is complete overkill, and impossible for the majority people to actually achieve before they die. At some point the house of cards falls down. $20T in debt and growing can't go on forever. Some very sobering decisions will have to be made at some point. I wo...
by skime
Tue Apr 03, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 169
Views: 24144

Re: Retire at 55, what's the magic number

40-50x if you don't want to be looking over your shoulder. Also if you never want to retire. 40-50x is complete overkill, and impossible for the majority people to actually achieve before they die. At some point the house of cards falls down. $20T in debt and growing can't go on forever. Some very ...
by skime
Mon Apr 02, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 169
Views: 24144

Re: Retire at 55, what's the magic number

40-50x if you don't want to be looking over your shoulder. Also if you never want to retire. 40-50x is complete overkill, and impossible for the majority people to actually achieve before they die. At some point the house of cards falls down. $20T in debt and growing can't go on forever. Some very ...
by skime
Mon Apr 02, 2018 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 169
Views: 24144

Re: Retire at 55, what's the magic number

40-50x if you don't want to be looking over your shoulder.
by skime
Sat Mar 24, 2018 11:08 am
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6494

Re: New Subaru Outback vs. used Volvo XC-70

Bacchus01 wrote:
Tue Mar 20, 2018 6:04 pm
I still am shocked at how many people here own a Subaru.
I'm curious as to what you're shocked about. Can you elaborate?
by skime
Thu Mar 15, 2018 9:37 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 15632

Re: Large life style creep that was completely worth it

I can't put a price on my time. That's my biggest luxury.
by skime
Mon Feb 26, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Penn State Honors College Vs. Cornell ... Thank you! Post #1
Replies: 116
Views: 16900

Re: Penn State Honors College Vs. Cornell ... Thank you! Post #1

Hi Everyone, Looking for a little advice. My oldest son is going away to college next year. He has narrowed his choice down to Cornell and Penn State's Honor's College. He is majoring in Chemical Engineering. Now, we live in PA so Penn State is the more financially reasonable choice for my son. How...
by skime
Sun Feb 18, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bond market
Replies: 29
Views: 3254

Re: Muni Bond market

DanL wrote:
Sun Feb 18, 2018 3:47 pm
The muni market for individual bonds is difficult. Maybe too many foreign investors looking for higher yield? Which brokerages have the widest selection? Any comments on screening criteria also appreciated. Thank you in advance for your reply.
What is it that you find difficult about it?
by skime
Sat Feb 17, 2018 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly person’s muni bonds when moving to new state
Replies: 6
Views: 676

Re: Elderly person’s muni bonds when moving to new state

Chip wrote:
Sat Feb 17, 2018 5:58 am
skime wrote:
Fri Feb 16, 2018 5:59 pm
It depends where she is moving from and to. Some states offer reciprocity for tax purposes.
What exactly do you mean by that and how does it apply in this situation?
For example: https://incometax.utah.gov/additions/mu ... d-interest
by skime
Fri Feb 16, 2018 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly person’s muni bonds when moving to new state
Replies: 6
Views: 676

Re: Elderly person’s muni bonds when moving to new state

It depends where she is moving from and to. Some states offer reciprocity for tax purposes.
by skime
Wed Feb 14, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 37161

Re: What if you only live off dividends?

Use SDY. It destroys SPY long term. https://i.imgur.com/7ZaFFQW.png They look nearly identical to me. I'm not sure where your data came from, but here are two links to M*. http://performance.morningstar.com/funds/etf/total-returns.action?t=SDY®ion=USA&culture=en_US http://performance.morningstar...
by skime
Wed Feb 14, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Deciding Between Treasuries and Munis in Taxable
Replies: 15
Views: 2205

Re: Deciding Between Treasuries and Munis in Taxable

If you are going to do Muni's, stick with AAA in states without credit issues. Stay away from CA, NY, IL, etc.
by skime
Tue Feb 13, 2018 7:51 pm
Forum: Investing - Theory, News & General
Topic: What if you only live off dividends?
Replies: 316
Views: 37161

Re: What if you only live off dividends?

Use SDY. It destroys SPY long term.
by skime
Mon Feb 12, 2018 6:22 pm
Forum: Investing - Help with Personal Investments
Topic: Are REITs essentially taboo for years now with rising rates?
Replies: 55
Views: 6633

Re: Are REITs essentially taboo for years now with rising rates?

I've commented on here about O which has almost Buffett like returns since 1994. However with rates going up it's gone from $67 to $47 in no time at all with likely more pain to come. How long until REITs may again become good DCA options? I just checked, realized O is the ticker for Realty Income ...
by skime
Wed Jan 31, 2018 9:57 pm
Forum: Personal Consumer Issues
Topic: New Subaru Outback vs. used Volvo XC-70
Replies: 53
Views: 6494

Re: New Subaru Outback vs. used Volvo XC-70

I've had 2 Outbacks. A 2010 and a 2015. It's the only car I've ever purchased twice. It's just runs. Nothing ever goes wrong with it. I've never driven a better car/truck in the snow. It's perfectly balanced because of the low center of gravity. We get about 400" a year and I don't use snow tires.
by skime
Sun Jan 28, 2018 10:36 pm
Forum: Personal Consumer Issues
Topic: San Diego for 3-4 Days for a Couple
Replies: 25
Views: 1988

Re: San Diego for 3-4 Days for a Couple

Hotel Del Coronado is a great place for a few days.