Search found 702 matches

by SevenBridgesRoad
Tue Jul 07, 2020 12:10 am
Forum: Personal Investments
Topic: Do you ever feel you've missed out due to the 3-fund portfolio?
Replies: 49
Views: 2699

Re: Do you ever feel you've missed out due to the 3-fund portfolio?

Zillions, you have a large number of interesting threads and posts all very recently. I especially like the grandmother and cousin thread you started.
by SevenBridgesRoad
Mon Jul 06, 2020 11:08 pm
Forum: Personal Consumer Issues
Topic: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?
Replies: 83
Views: 3197

Re: Thinking of buying myself a luxury item.. Is LV wallet a legit purchase?

LV wallet? Makes zero sense to me. Years ago I switched to a very skinny, inexpensive every-day-carry "wallet" in my front pocket. I didn't need all that stuff in a leather wallet to sit on all day. I'm not George Costanza. But...I spend excess money on my passions and hobbies, home brewing and outd...
by SevenBridgesRoad
Mon Jul 06, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: "Are You Questioning Your Foreign Stock Funds?"
Replies: 20
Views: 2366

Re: "Are You Questioning Your Foreign Stock Funds?"

Following Jack Bogle's advice on simplicity (and your simple, single sentence signature line, Taylor: "Simplicity is the master key to financial success - Jack Bogle"), my one fund portfolio is a Target Date Fund, VTINX (Vanguard Target Retirement Income Fund). It is a fund-of-funds, and includes in...
by SevenBridgesRoad
Mon Jun 29, 2020 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 193
Views: 13808

Re: What is the best financial decision you ever made?

I married a person with similar attitudes toward saving and spending which happen to be consistent with the Boglehead philosophy. I have been very fortunate in many ways. I was just going to submit my good fortune....great fortune.....of finding my wife on a blind date 60 years ago, to whom I fell ...
by SevenBridgesRoad
Sun Jun 28, 2020 9:38 pm
Forum: Personal Investments
Topic: Looking for verification on Annuity pitch...
Replies: 78
Views: 4630

Re: Looking for verification on Annuity pitch...

Financial planning should be like medicine: the tests (x-ray, mri, blood-tests, etc) should be a through, comprehensive look at your goals, values, income, taxes (2 years is typically the standard) and any concerns you may have. From those tests we as financial professionals are able to prescribe a...
by SevenBridgesRoad
Tue Jun 23, 2020 10:08 am
Forum: Investing - Theory, News & General
Topic: Immediate Annuities dot com Question
Replies: 14
Views: 979

Re: Immediate Annuities dot com Question

When I run a scenario in the Immediate Annuities calculator, and select to begin the annuity at a future date, is that considered to be a “deferred annuity”? (which the wiki indicates is not suitable in many cases) Thanks! A single premium deferred annuity is quite often an ENTIRELY suitable soluti...
by SevenBridgesRoad
Mon Jun 15, 2020 11:38 pm
Forum: Personal Consumer Issues
Topic: Do you reward yourself for achieving a financial goal?
Replies: 167
Views: 12124

Re: Do you reward yourself for achieving a financial goal?

I worked out a nine-month exit plan with my organization. What better reward?
by SevenBridgesRoad
Fri Jun 12, 2020 9:18 pm
Forum: Personal Consumer Issues
Topic: how much to tip painters
Replies: 66
Views: 4330

Re: how much to tip painters

getting two buildings painted on the outside. the owner has 3 workers in their 20's. They all seem to be doing a very good job and have a good attitude, half way into a 6 day project. I bought them all lunch once already and the owner mentioned they were able to get two lunches out of it. so any id...
by SevenBridgesRoad
Fri Jun 12, 2020 8:44 pm
Forum: Personal Investments
Topic: Center of Gravity 30/70: How do you allocate the bond portion?
Replies: 6
Views: 958

Re: Centery of Gravity 30/70 How do you allocate the bond portion

At least put on your list to consider Vanguard's target date fund for retirement, VTINX. It's 30/70 with a mix of bonds including TIPS. It's my "good enough 30/70 across all accounts" fund, following the wise "one fund" guidance of members including Longinvest. That said, you will get lots of differ...
by SevenBridgesRoad
Fri Jun 12, 2020 8:55 am
Forum: Investing - Theory, News & General
Topic: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)
Replies: 251
Views: 48278

Re: A Simple Bogleheads Retirement Using Variable Percentage Withdrawals (VPW Forward Test)

Well excuse me for skimming,but life does go on ,right? No harm,no foul. One thing I do know is what “simple” actually is. TakIng the word simple out of the title would be a much better description in my simple opinion. I understand the skimming part. In these long threads it's hard to go back and ...
by SevenBridgesRoad
Sun Jun 07, 2020 9:39 pm
Forum: Personal Investments
Topic: Haven't been sleeping well.. thinking of getting super conservative with AA
Replies: 69
Views: 7275

Re: Haven't been sleeping well.. thinking of getting super conservative with AA

...My spouse and I are frugal and we save a solid chunk (50%) of our income, so we've always let our savings rate do the really heavy lifting... Even if you aren't interested in early retirement, you might find this blog post interesting. What made me think of it was your mention of savings rate an...
by SevenBridgesRoad
Thu Jun 04, 2020 9:47 am
Forum: Personal Investments
Topic: Pre-Medicare (65) Early Retirement Medical Insurance (Virginia)
Replies: 8
Views: 448

Re: Pre-Medicare (65) Early Retirement Medical Insurance (Virginia)

Hi, As per my understanding, Virginia had Medicaid expansion in 2019. So, if I am early retired in Virginia before 65 years old, depending on my income level, my medical insurance option would be Medicaid and ACA insurance. Am I correct? Is there an asset test for Medicaid or it is purely based on ...
by SevenBridgesRoad
Tue May 26, 2020 11:47 pm
Forum: Personal Consumer Issues
Topic: does anyone have a subscription to youtube tv?
Replies: 118
Views: 7448

Re: does anyone have a subscription to youtube tv?

Used the free trial period offered by all the major streaming services. Which service won for us? YouTube TV.
by SevenBridgesRoad
Sun May 24, 2020 9:37 pm
Forum: Personal Consumer Issues
Topic: Advice? How to stop mud swallow nesting under the house eaves and walls?
Replies: 8
Views: 642

Re: Advice? How to stop mud swallow nesting under the house eaves and walls?

We don't have the mud variety. Our swallows can peel back mesh covering our eave vents, like Mighty Mouse, and get inside thr attic. We found the mylar flash tape to be a most effective deterent. Once we figured this out, it doesn't take much. You're just trying to get them to pick a different house...
by SevenBridgesRoad
Sun May 24, 2020 12:31 am
Forum: Personal Finance (Not Investing)
Topic: What do people spend money on?
Replies: 52
Views: 5221

Re: What do people spend money on?

Have been very fortunate in life after growing up poor and with DW make a combined income of $1.1M (me: $900k, DW: $200k). This is likely to go up as I’ve been on a fast track in senior management at a top tech company. I am 41 and DW is 36. We have $3.6M in investments ($1.2M retirement and $2.4M ...
by SevenBridgesRoad
Sat May 23, 2020 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Something Fishy Here?? [CARES payment received via prepaid Visa]
Replies: 66
Views: 7189

Re: Something Fishy Here??

when it comes to situations like this, google is your friend. So is Bogleheads👍 If we didn't run Google searches for people or do Vanguard technical support, we might get a little bored. What? How can you be bored with endless new threads here on "why international" or "is it a good idea to pay off...
by SevenBridgesRoad
Fri May 22, 2020 10:34 pm
Forum: Personal Investments
Topic: Thinking of selling some SP 500 to buy more Wells Fargo
Replies: 75
Views: 5438

Re: Thinking of selling some SP 500 to buy more Wells Fargo

I agree, I really want to hold the index fund. Probably buy more index instead of WFC And to keep the Current WFC positions. Maybe I am not a bogelhead, I still not convinced with SP 500 almost retaken it’s lost, while WFC still 50% off would be a bad investment, my way of thinking is once the covi...
by SevenBridgesRoad
Thu May 21, 2020 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 358
Views: 28636

Re: [Government stimulus payments]

Received mine and DW's payments today on a MetaBank Visa debit card. Both payments on the same card. I suspected SCAM at first, but after checking it out it appears to be legitimate. What made it even more suspicious was Get My Payment says our checks will be mailed tomorrow, and I received the car...
by SevenBridgesRoad
Mon May 18, 2020 11:50 pm
Forum: Personal Investments
Topic: Help me correct my Dad's Retirement Portfolio
Replies: 14
Views: 1505

Re: Help me correct my Dad's Retirement Portfolio

Three suggestions. Target Date Fund. Target Date Fund. Target Date Fund.
by SevenBridgesRoad
Mon May 18, 2020 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4393

Re: I work remote: Is buying a home away from a major city a major risk?

tvubpwcisla wrote:
Mon May 18, 2020 7:20 am
I don't see it as a big risk. I would follow your dreams and if Northern AZ is the place you like, I would go for it. Life is short. If you don't do it now, you most likely will never do it.
I completely agree with this. Life is short. I'd go for it.
by SevenBridgesRoad
Mon May 18, 2020 8:30 pm
Forum: Personal Consumer Issues
Topic: Lowes vs Home Depot
Replies: 97
Views: 14482

Re: Lowes vs Home Depot

wander wrote:
Mon May 18, 2020 4:19 pm
If you can buy something from Lowes' store...
Worth a shout out to Wander for finding a previous thread on the topic of interest, instead of starting a new one! We need more folks to do this. So many threads are retreads.
by SevenBridgesRoad
Mon May 11, 2020 11:08 pm
Forum: Personal Consumer Issues
Topic: Has Your Spending Changed Since The Shutdown?
Replies: 180
Views: 7058

Re: Has Your Spending Changed Since The Shutdown?

I just received my monthly batch of credit card bills over the weekend. They are the lowest I ever remember them being, so my spending apparently has changed more than I realized. It was further reduced by several large refunds on their for cancelled airfare, hotel stays, etc. Same here, mainly tra...
by SevenBridgesRoad
Sun May 10, 2020 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: What age do you use for retirement end date?
Replies: 68
Views: 4280

Re: What age do you use for retirement end date?

Hello I'm deciding to retire. I have governerment pension and other income. We will have money but won't be rich rich. I will post more about that later. The longer I work the more I get per month. Although I'm thinking of retiring, early 50's. I have plenty to do and would like to spend more time ...
by SevenBridgesRoad
Fri May 08, 2020 11:30 am
Forum: Personal Finance (Not Investing)
Topic: How Do Early Retirees Pay for Medical
Replies: 132
Views: 9970

Re: How Do Early Retirees Pay for Medical

62 and ready to retire due to minor health reasons. Wife (61)will still work for a year. $2M in 401k, stocks and IRA. Wife has $300,000 pension. No kids. How do early retirees pay for their medical? I did a recent blog post about this. Lots of variation-ACA, just buy it from a broker, employer prov...
by SevenBridgesRoad
Thu May 07, 2020 12:07 am
Forum: Personal Finance (Not Investing)
Topic: How Do Early Retirees Pay for Medical
Replies: 132
Views: 9970

Re: How Do Early Retirees Pay for Medical

Only slightly "early" at age 61. ACA, and we have a good insurance plan here unlike some states. Planned ahead so that we are (mostly) living off cash from taxable account until age 65 (enough dividends in taxable to avoid the lower threshold, which would mean Medicaid). We manage our Modified Adju...
by SevenBridgesRoad
Wed May 06, 2020 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: one more mortgage thread
Replies: 20
Views: 1997

Re: one more mortgage thread

Following Bogleheads Forum for a time has taught me there are two camps re mortgages: There are “Math Guys” and there are “I Don’t Want Any Debt Guys”. Stick with your plan: you sound like a Math Guy. Except for the whole sports car thing.
by SevenBridgesRoad
Wed May 06, 2020 9:24 pm
Forum: Personal Consumer Issues
Topic: Should you tip landscapers?
Replies: 51
Views: 3519

Re: Should you tip landscapers?

No, don't.
by SevenBridgesRoad
Wed May 06, 2020 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: How Do Early Retirees Pay for Medical
Replies: 132
Views: 9970

Re: How Do Early Retirees Pay for Medical

Only slightly "early" at age 61. ACA, and we have a good insurance plan here unlike some states. Planned ahead so that we are (mostly) living off cash from taxable account until age 65 (enough dividends in taxable to avoid the lower threshold, which would mean Medicaid). We manage our Modified Adjus...
by SevenBridgesRoad
Wed May 06, 2020 2:58 pm
Forum: Personal Consumer Issues
Topic: Home brewing recommendations
Replies: 25
Views: 1353

Re: Home brewing recommendations

Another idea: if you have a local or nearby brew club, you will have opportunities to join in and help others on their brew days. You can get a feel for the hobby without spending money up front. I highly recommend this approach. Home brewing is a great hobby. The end product is just part of it. It'...
by SevenBridgesRoad
Tue May 05, 2020 12:08 am
Forum: Investing - Theory, News & General
Topic: Why doesn’t Jim Cramer start a fund?
Replies: 26
Views: 3285

Re: Why doesn’t Jim Cramer start a fund?

And this is actionable how?
by SevenBridgesRoad
Sun May 03, 2020 10:49 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6456

Re: Best BBQ for the money?

You will get a zillion opinions about this. I have used many grills. Gas grills are convenient but not the best for flavor. If you must go gas, nothing wrong with a Weber. If transitioning from gas to solid fuel, a pellet grill is a good place to start. You can smoke and they are idiot proof. Traeg...
by SevenBridgesRoad
Sun May 03, 2020 9:36 pm
Forum: Investing - Theory, News & General
Topic: Do Paradigm Changes Call for Change In Strategies?
Replies: 24
Views: 1558

Re: Do Paradigm Changes Call for Change In Strategies?

...I am more curious if you think this paradigm shift will have an impact on traditional boglehead theory. This is exactly why owning the market makes so much more sense than trying to predict the future. By owning the market via a low-cost index fund you own a machine that adjusts to societal chan...
by SevenBridgesRoad
Fri May 01, 2020 10:53 pm
Forum: Investing - Theory, News & General
Topic: Do you keep moving your cash around chasing yield?
Replies: 56
Views: 5526

Re: Do you keep moving your cash around chasing yield?

...Do you keep an eye on Bankrate and keep opening new accounts to move cash? Or do you just leave it in one spot (where?) because it's simple, even though you may not be getting the highest yield? Nope. I do not keep an eye on Bankrate. One spot. I'm in the keep it simple camp. My portfolio doesn'...
by SevenBridgesRoad
Sat Apr 25, 2020 8:20 am
Forum: Personal Investments
Topic: Rethinking annuities with a strong portfolio
Replies: 30
Views: 1419

Re: Rethinking annuities with a strong portfolio

And now for something completely different... Strong portfolio, and a strong plan here. Wife and I are big fans of three legged stool approach: SS, pension, portfolio withdrawals. However, no pension for either of us. Using two single premium annuities to create a pension for us. Using the Variable...
by SevenBridgesRoad
Fri Apr 24, 2020 11:32 pm
Forum: Personal Investments
Topic: Rethinking annuities with a strong portfolio
Replies: 30
Views: 1419

Re: Rethinking annuities with a strong portfolio

And now for something completely different... Strong portfolio, and a strong plan here. Wife and I are big fans of three legged stool approach: SS, pension, portfolio withdrawals. However, no pension for either of us. Using two single premium annuities to create a pension for us. Using the Variable ...
by SevenBridgesRoad
Fri Apr 24, 2020 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: physician/APC pay cuts
Replies: 133
Views: 10219

Re: physician/APC pay cuts

Surely this thread has run it's course. Degenerating quickly...
by SevenBridgesRoad
Fri Apr 24, 2020 11:37 am
Forum: Investing - Theory, News & General
Topic: A Problem? with the 3 Fund Portfolio - what to do with Market Education?
Replies: 22
Views: 1317

Re: A Problem? with the 3 Fund Portfolio - what to do with Market Education?

...I am not convinced that "the market" is the only segment of society immune from accelerating change... My take: The pace of change is precisely the reason to "own the market". When you own the market, you are buying a problem-solving, innovation-generating, value migrating machine. You are buyin...
by SevenBridgesRoad
Wed Apr 22, 2020 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Exit Interview
Replies: 78
Views: 5954

Re: Exit Interview

I haven't read everything in the thread, but I will throw in my 2 cents. Either politely decline the interview or if you do the exit interview, take the high road and don't throw your super under the bus. Absolutely nothing in it for you. Just smile and move on. The time for the organziation to lear...
by SevenBridgesRoad
Wed Apr 22, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: Variable Percentage Withdrawal (VPW)
Replies: 1000
Views: 336679

Re: Variable Percentage Withdrawal (VPW)

...I agree that his question is not a VPW question... ...I think it is better to keep a spend plan on a separate spread sheet and not accept this Change Request to the VPW workbook. If he is so inclined, member osonilkarf can choose to include the "unspent" $26,400 in his Portfolio Balance for his ...
by SevenBridgesRoad
Wed Apr 22, 2020 10:14 am
Forum: Personal Investments
Topic: Retirees: Walk me thru your portfolio drawdown process
Replies: 39
Views: 3731

Re: Retirees: Walk me thru your portfolio drawdown process

...Also have poeple found it beneficial to have a large taxable account?... Yes, we do. Wife and I are pre-Medicare. We draw from our taxable account to cover expenses and thus keep our Modified Adjustable Gross Income for ACA health insurance at a level to receive maximum subsidy. ACA here is exce...
by SevenBridgesRoad
Wed Apr 22, 2020 9:29 am
Forum: Personal Investments
Topic: AA and TIPS
Replies: 10
Views: 706

Re: AA and TIPS

Take a look at Vanguard's Target funds and when they add them to the portfolio and what portion. That will at least give you a starting point. This is great advice. Use TDFs as a reference point. For example, VTINX Vanguard Target Retirement Income Fund includes 16.5% TIPS (in the form of VTAPX fun...
by SevenBridgesRoad
Mon Apr 20, 2020 9:16 pm
Forum: Personal Investments
Topic: I'm out [of the market]
Replies: 109
Views: 12043

Re: I'm out [of the market]

I think this forum gets trolled a lot.
by SevenBridgesRoad
Mon Apr 20, 2020 8:20 pm
Forum: Personal Consumer Issues
Topic: BMW X5 - advice on purchase
Replies: 49
Views: 3085

Re: BMW X5 - advice on purchase

I wouldn't recommend it. I owned a 7-series, pre-Boglehead. In the shop a lot. Got to know the mechanics. They were nice guys.

Sexy car, but unreliable and expensive to maintain.
by SevenBridgesRoad
Fri Apr 17, 2020 9:36 pm
Forum: Personal Consumer Issues
Topic: How to deal with loud neighbor bass noise in NYC
Replies: 34
Views: 1882

Re: How to deal with loud neighbor bass noise in NYC

I love living in a small town in the mountains.
by SevenBridgesRoad
Fri Apr 17, 2020 5:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 6465
Views: 546669

Re: U.S. stocks continue to soar!

But I think a lot of the job losses are temporary. There is a huge difference between being laid off because the government has temporarily shut down your industry and losing a job due to a general recession/depression, where a new job might be years in the future. The shutdown will be temporarily,...
by SevenBridgesRoad
Fri Apr 17, 2020 5:28 pm
Forum: Personal Investments
Topic: Combining Investments with Actuarial Science
Replies: 26
Views: 1787

Re: Combining Investments with Actuarial Science

I'm just a regular person in the process of creating a retirement plan.... ...I'm guessing this actuarial science / whole life setup is flawed but I'd like to know why. And if so, how to ensure that using the boglehead strategy I won't run out of retirement income? Consider the Variable Percentage ...
by SevenBridgesRoad
Thu Apr 16, 2020 8:49 am
Forum: Investing - Theory, News & General
Topic: Retirees: what are you doing with all the home equity?
Replies: 117
Views: 7610

Re: Retirees: what are you doing with all the home equity?

I'm 70, retired 9 years and living in a mortgage free home. Things are going fine, just wanted to see if maybe I'm missing something. Add wife and I to the boring responses side of the ledger. 63 yo, retired about 18 months. Own a nice house in a great location, no mortgage. We are doing nothing wi...
by SevenBridgesRoad
Wed Apr 15, 2020 7:59 pm
Forum: Investing - Theory, News & General
Topic: Ray Dalio: ‘you’d be pretty crazy to hold bonds’ right now
Replies: 128
Views: 13386

Re: Ray Dalio: ‘you’d be pretty crazy to hold bonds’ right now

...Interest rates have been low over the last decade, so why have people been buying bonds over the last decade?... ...How do retirees avoid eating into principal during times like this?... It seems everyone is reacting/responding to your first question. But what about your second question? Don't t...
by SevenBridgesRoad
Tue Apr 14, 2020 12:04 am
Forum: Personal Consumer Issues
Topic: Flying in September, think it will be safe?
Replies: 73
Views: 4340

Re: Flying in September, think it will be safe?

There are pictures of stacked up bodies (bagged) in Detroit. Serious stuff. so your implication is that there are bodies stacked up in every city in the US based solely upon what you saw on NBC news in Detroit. Seems like a really improper extrapolation. :greedy The hospital in our county of 150,00...
by SevenBridgesRoad
Sun Apr 12, 2020 9:51 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 320
Views: 48886

Re: The One-Fund Portfolio as a default suggestion

The disadvantages of a single-fund portfolio are many. Could you please list the many disadvantages of a single fund portfolio (i.e. Vanguard Lifestrategy Funds) Nah. These are well known and easily attainable with a Google search. They're not my ideas. You may not agree with them. And the pros may...