Search found 452 matches

by masonstone
Sun Nov 10, 2019 3:55 pm
Forum: Personal Investments
Topic: What should the AA of a young retiree be?
Replies: 20
Views: 1556

Re: What should the AA of a young retiree be?

Only you can answer the question. However, here is an idea. Put 5 years living expense in a money market or short term investment. Then allocate the remainder 70 - 30 or 75-25. You haven't mentioned how you have invested prior to retiring. That could be your clue. 100% Vtsax prior to retiring
by masonstone
Sun Nov 10, 2019 3:48 pm
Forum: Personal Investments
Topic: What should the AA of a young retiree be?
Replies: 20
Views: 1556

Re: What should the AA of a young retiree be?

Whatever their need, ability, and willingness to take risk results in. Asset allocation is a choice based on personal preference and judgement. Among other things a person has to look at the consequences implicit in choice of asset allocation, meaning the distribution in future wealth that might ac...
by masonstone
Sun Nov 10, 2019 3:42 pm
Forum: Personal Investments
Topic: What should the AA of a young retiree be?
Replies: 20
Views: 1556

Re: What should the AA of a young retiree be?

ruralavalon wrote:
Sun Nov 10, 2019 2:45 pm
masonstone wrote:
Sun Nov 10, 2019 2:33 pm
Let’s say a person retires at age 37 with a net worth 35 times of annual expenses. What should their AA be?
It depends.

You could consider 60% stocks, 40% fixed income.
Let’s assume the investor is not very emotional and wouldn’t sell in a down market.
by masonstone
Sun Nov 10, 2019 2:33 pm
Forum: Personal Investments
Topic: What should the AA of a young retiree be?
Replies: 20
Views: 1556

What should the AA of a young retiree be?

Let’s say a person retires at age 37 with a net worth 35 times of annual expenses. What should their AA be?
by masonstone
Sat Nov 09, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: shocking hospital fee estimate
Replies: 45
Views: 3948

Re: shocking hospital fee estimate

This is our healthcare system. Its also why many of the well-off Bogleheads, "coincidentally" are physicians. I've always thought tech was a better honeypot than medicine. You can get started younger, and with less debt and less overhead. Plus no one dies or sues you. Plus the hours are better and ...
by masonstone
Wed Oct 30, 2019 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Cost to build a house?
Replies: 28
Views: 2790

Re: Cost to build a house?

Price the cost of a comparable nearby existing house (excluding the land you already have). Multiply the cost of the existing house by 2 to 4 times to get the general cost of building from scratch. Hmm......while pricing comparable existing nearby homes is an excellent suggestion, multiplying/incre...
by masonstone
Wed Oct 30, 2019 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Cost to build a house?
Replies: 28
Views: 2790

Cost to build a house?

I'm thinking of building a 4000 square foot house. What's the cost per square foot of building a house in a major metro city (not on the west coast). Assume the land will be bought separately and had a home on it that was torn down. Do not include the cost of the land or tear down in the price. I ju...
by masonstone
Wed Oct 30, 2019 1:43 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

I would definitely be paying extra on the house - I'd want to ultimately remove that debt sooner for the sake of it; regardless of optimization, but it does potentially bring some financial value to do so as well. I'd also add some bonds, for the typical reasons expressed above. You could get away ...
by masonstone
Tue Oct 29, 2019 3:56 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

I'm in a somewhat similar financial situation. Besides some emergency cash, I would keep all your money in stocks. I think bonds are a really stupid investment at the current interest rates for anyone who isn't retiring for another 30+ years. You just need to be comfortable with the volatility of s...
by masonstone
Tue Oct 29, 2019 3:50 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

I'm in a somewhat similar financial situation. Besides some emergency cash, I would keep all your money in stocks. I think bonds are a really stupid investment at the current interest rates for anyone who isn't retiring for another 30+ years. You just need to be comfortable with the volatility of s...
by masonstone
Tue Oct 29, 2019 3:41 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

I'm in a somewhat similar financial situation. Besides some emergency cash, I would keep all your money in stocks. I think bonds are a really stupid investment at the current interest rates for anyone who isn't retiring for another 30+ years. You just need to be comfortable with the volatility of s...
by masonstone
Tue Oct 29, 2019 3:26 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

I'm in a somewhat similar financial situation. Besides some emergency cash, I would keep all your money in stocks. I think bonds are a really stupid investment at the current interest rates for anyone who isn't retiring for another 30+ years. You just need to be comfortable with the volatility of s...
by masonstone
Tue Oct 29, 2019 2:33 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

interesting situation. my wife and i are mid-30s with a fraction of your income (attorney and teacher), and we are 100% equities. while our income and costs are nowhere near yours ($3k a month eating out!?!?!?!? :shock: unfathomable to me, honestly) our emergency fund isn't that far off. i think th...
by masonstone
Tue Oct 29, 2019 1:14 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

This is the exact answer that I got when I talked to the local hospital billing department after we had our baby. Went in to pay our $12k bill (half via our HSA and half on credit card, which I paid off immediately) and asked, "How do most people pay bills of this magnitude?" The answer was "Most p...
by masonstone
Tue Oct 29, 2019 11:58 am
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

Well unless all diseases become cured there will always be a need for doctors. So there will always be a need for my skills. masonstone, 1) Unless you are working for free (which you do not plan to), the need may not translate into income. 2) With the amount of population that is uninsured, the abi...
by masonstone
Tue Oct 29, 2019 11:50 am
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

Well unless all diseases become cured there will always be a need for doctors. So there will always be a need for my skills. masonstone, 1) Unless you are working for free (which you do not plan to), the need may not translate into income. 2) With the amount of population that is uninsured, the abi...
by masonstone
Tue Oct 29, 2019 11:18 am
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

OP, 1) How long can you last when the recession hits? 2) How much money would you lose if the recession lasted 2 years if A) You are unemployed. B) Your building cannot be rented out C) The stock market drops 50% I’ve read enough books and listened to enough podcasts to know the worst thing you can...
by masonstone
Tue Oct 29, 2019 9:28 am
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

OP, 1) How long can you last when the recession hits? 2) How much money would you lose if the recession lasted 2 years if A) You are unemployed. B) Your building cannot be rented out C) The stock market drops 50% I’ve read enough books and listened to enough podcasts to know the worst thing you can...
by masonstone
Tue Oct 29, 2019 9:24 am
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

Re: What should a mid 30s Asset Allocation be?

jello_nailer wrote:
Tue Oct 29, 2019 9:15 am
How much is in cash?
~40k in cash
by masonstone
Tue Oct 29, 2019 9:13 am
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2293

What should a mid 30s Asset Allocation be?

So one of the things I think about is what should my AA be. As a background I have a net worth of $2.5 million and a low 7 figure income. About 1/3 of my worth is in a commercial building and the rest is in VTSAX. I'm thinking that I should start putting some money into bonds but I'm hesitant due to...
by masonstone
Mon Oct 21, 2019 7:38 pm
Forum: Personal Investments
Topic: High income earner waiting for a bear market to start investing
Replies: 119
Views: 12080

Re: High income earner waiting for a bear market to start investing

The real puzzler with this one is thinking one can maintain that kind of income until age 75-80. Unless OP’s occupation is dictator of a small African country, I find that to be unlikely. The OP is fooling himself, even physicians in non-procedure related specialties begin to slow down due to illne...
by masonstone
Sun Oct 20, 2019 8:14 pm
Forum: Investing - Theory, News & General
Topic: Expected returns from vanguard total bond market
Replies: 27
Views: 3834

Re: Expected returns from vanguard total bond market

It seems wiser to pay off a house at 3.5% than to invest in the bond index funds.
by masonstone
Sun Oct 20, 2019 8:02 pm
Forum: Investing - Theory, News & General
Topic: Expected returns from vanguard total bond market
Replies: 27
Views: 3834

Re: Expected returns from vanguard total bond market

retired@50 wrote:
Sun Oct 20, 2019 7:34 pm
Yield to maturity = 2.3%
I'd say this is as decent a guess as any other... Regards,
That doesn’t even keep up with inflation.
by masonstone
Sun Oct 20, 2019 7:25 pm
Forum: Investing - Theory, News & General
Topic: Expected returns from vanguard total bond market
Replies: 27
Views: 3834

Expected returns from vanguard total bond market

Hi,

What are the expected annual nominal returns for the vanguard total bond market index fund?
by masonstone
Sat Oct 19, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10293

Re: What percent of net worth should a persons house be?

Well, maybe so. But when people say "I am thinking of upgrading my house" it is usually taken to mean I am thinking of making some major improvements/renovations/additions/ whatever to my house. I wish people would speak more precisely....... :oops: I think part of your confusion is the generationa...
by masonstone
Fri Oct 18, 2019 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10293

Re: What percent of net worth should a persons house be?

MathIsMyWayr wrote:
Thu Oct 17, 2019 9:31 pm
A house is not an investment. It has nothing to do with net worth.
Of course its not an invest but the house you buy absolutely should be related to your net worth. A billionaire can buy a 200 million dollar house but a person with no assets should not buy a million dollar house.
by masonstone
Fri Oct 18, 2019 6:50 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10293

Re: What percent of net worth should a persons house be?

Well, maybe so. But when people say "I am thinking of upgrading my house" it is usually taken to mean I am thinking of making some major improvements/renovations/additions/ whatever to my house. I wish people would speak more precisely....... :oops: I think part of your confusion is the generationa...
by masonstone
Thu Oct 17, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10293

Re: What percent of net worth should a persons house be?

an_asker wrote:
Thu Oct 17, 2019 11:22 am

I would say just buy the best house you could afford in an area where you can see yourself staying for the next decade or so. If it is so expensive that you might shed a tear or two when the mortgage payment is due, rent instead!
The question is what can a person afford?
by masonstone
Thu Oct 17, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10293

Re: What percent of net worth should a persons house be?

deikel wrote:
Thu Oct 17, 2019 10:42 am
IIf I would do it again, my house would be an even smaller part then it was (or now is) - the McMansion trend is stupid in so many ways.
I agree
by masonstone
Thu Oct 17, 2019 10:15 am
Forum: Personal Consumer Issues
Topic: Good camera system to watch the nanny
Replies: 70
Views: 4418

Re: Good camera system to watch the nanny

Are you ever going to watch these videos? Do you suspect she’s stealing from you? Abusing your children? Banging guys in your bed? What’s the purpose of this? Will the camera notify you when she’s doing something wrong? Yes I'm sure OP is going to come home after a night out and watch the videos fr...
by masonstone
Thu Oct 17, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Good camera system to watch the nanny
Replies: 70
Views: 4418

Re: Good camera system to watch the babysitter

It's interesting how so many people on this forum said its creepy to put a camera system to watch the babysitter in your house. Of course the camera will be in plain site and the babysitter will know that a camera is watching them. The camera system will only be areas were the kids are allowed to g...
by masonstone
Thu Oct 17, 2019 9:31 am
Forum: Personal Consumer Issues
Topic: Good camera system to watch the nanny
Replies: 70
Views: 4418

Re: Good camera system to watch the babysitter

It's interesting how so many people on this forum said its creepy to put a camera system to watch the babysitter in your house. Of course the camera will be in plain site and the babysitter will know that a camera is watching them. The camera system will only be areas were the kids are allowed to g...
by masonstone
Thu Oct 17, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Good camera system to watch the nanny
Replies: 70
Views: 4418

Re: Good camera system to watch the babysitter

It's interesting how so many people on this forum said its creepy to put a camera system to watch the babysitter in your house. Of course the camera will be in plain site and the babysitter will know that a camera is watching them. The camera system will only be areas were the kids are allowed to g...
by masonstone
Thu Oct 17, 2019 5:37 am
Forum: Personal Finance (Not Investing)
Topic: What percent of net worth should a persons house be?
Replies: 141
Views: 10293

What percent of net worth should a persons house be?

What percent of net worth should my house be? I'm thinking of upgrading my house and I don't want to use income as a measure since it keeps changing so I'd rather use net-worth measure. Also I'm 38 and will stay in this house till my kids (who are under the age of 5) finish high-school and possibly ...
by masonstone
Wed Oct 16, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: Good camera system to watch the nanny
Replies: 70
Views: 4418

Re: Good camera system to watch the babysitter

cheese_breath wrote:
Wed Oct 16, 2019 6:15 pm
masonstone wrote:
Wed Oct 16, 2019 12:35 pm
What's a good camera system to watch the babysitter that doesn't need wires?
Do most babysitters need wires?
Not the ones being watched on a camera 😝
by masonstone
Wed Oct 16, 2019 6:18 pm
Forum: Personal Consumer Issues
Topic: Good camera system to watch the nanny
Replies: 70
Views: 4418

Re: Good camera system to watch the babysitter

It’s wireless because I don’t want to have a difficult install since we’ll be moving in a year or so.
by masonstone
Wed Oct 16, 2019 4:54 pm
Forum: Personal Consumer Issues
Topic: Good camera system to watch the nanny
Replies: 70
Views: 4418

Re: Good camera system to watch the babysitter

It's interesting how so many people on this forum said its creepy to put a camera system to watch the babysitter in your house. Of course the camera will be in plain site and the babysitter will know that a camera is watching them. The camera system will only be areas were the kids are allowed to go...
by masonstone
Wed Oct 16, 2019 12:35 pm
Forum: Personal Consumer Issues
Topic: Good camera system to watch the nanny
Replies: 70
Views: 4418

Good camera system to watch the nanny

What's a good camera system to watch the Nanny that doesn't need wires?
by masonstone
Wed Oct 16, 2019 5:45 am
Forum: Personal Investments
Topic: Are dividend from VTSAX qualified dividends?
Replies: 2
Views: 510

Are dividend from VTSAX qualified dividends?

Are dividend from VTSAX qualified dividends? I’m asking because I want to know what tax I’ll incur from these dividends.
by masonstone
Wed Oct 16, 2019 12:49 am
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6501

Re: Artificial Intelligence and the stock market

Maybe I am missing something, but the discussion DOTA seems to be almost 6 months out of date. AI crushed the international champ team in April: https://www.theverge.com/2019/4/13/18309459/openai-five-dota-2-finals-ai-bot-competition-og-e-sports-the-international-champion And here is a recent artic...
by masonstone
Fri Oct 11, 2019 10:41 pm
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6501

Re: Artificial Intelligence and the stock market

I think we tend to focus on intelligence and ignore experience. Suppose I gave you fully licensed ownership of a computer that is was as smart and capable of newborn Einstein. You would probably go bankrupt. It took newborn Einstein over 20 years to produce any product of real value. In chess and g...
by masonstone
Fri Oct 11, 2019 9:01 am
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6501

Re: Artificial Intelligence and the stock market

I read your question differently from how the others have responded. If AI is an advancement, then I would think it would help the stock market. Businesses will become more efficient. I know this is a simplistic view, but I think AI should be good for the market. This was my question, how AI will a...
by masonstone
Wed Oct 09, 2019 11:22 am
Forum: Investing - Theory, News & General
Topic: Artificial Intelligence and the stock market
Replies: 65
Views: 6501

Artificial Intelligence and the stock market

With the explosion of AI that is coming in the next decade how do you think it'll affect the stock market?
by masonstone
Fri Oct 04, 2019 7:54 pm
Forum: Personal Investments
Topic: Deducting building costs from business income?
Replies: 6
Views: 420

Re: Deducting building costs from business income?

I asked my cpa and he said no since it’s an asset and not an expense. That’s why I’m asking the forum because it’s an expense incurred by the business and if I sell it later it’ll be s profit generated by the business. So I’m not sure my cpa is correct.
by masonstone
Fri Oct 04, 2019 6:34 pm
Forum: Personal Investments
Topic: Deducting building costs from business income?
Replies: 6
Views: 420

Deducting building costs from business income?

I have a practice that generates $1million per year. Can I deduct a building that costs $3 million as a business expense. The practice will be inside that building.
by masonstone
Sat Sep 28, 2019 7:36 am
Forum: Investing - Theory, News & General
Topic: When do you see effects of compound interest on net worth?
Replies: 36
Views: 4049

Re: When do you see effects of compound interest on net worth?

snackdog wrote:
Sat Sep 28, 2019 7:26 am
Many of you have yet to see your investment losses exceed your income. That's when you know you have some interesting savings.
I actually felt that in 2018
by masonstone
Fri Sep 27, 2019 9:23 pm
Forum: Investing - Theory, News & General
Topic: When do you see effects of compound interest on net worth?
Replies: 36
Views: 4049

Re: When do you see effects of compound interest on net worth?

livesoft wrote:
Fri Sep 27, 2019 9:02 pm
When your portfolio drops in value in a single day by the price of a new Tesla. I find people don't see effects of gains, but do see the effects of losses.
That’s happened to me several times over the past two years 😏
by masonstone
Fri Sep 27, 2019 8:43 pm
Forum: Investing - Theory, News & General
Topic: When do you see effects of compound interest on net worth?
Replies: 36
Views: 4049

Re: When do you see effects of net worth?

LadyGeek wrote:
Fri Sep 27, 2019 8:31 pm
This thread is now in the Investing - Theory, News & General forum (theory). I also changed the spelling in the thread title "affects" to "effects".
Thank you for the correction :)
by masonstone
Fri Sep 27, 2019 8:14 pm
Forum: Investing - Theory, News & General
Topic: When do you see effects of compound interest on net worth?
Replies: 36
Views: 4049

When do you see effects of compound interest on net worth?

At what multiple of net worth do you feel that compound interest adds to annual net worth increase more than income?