Search found 53 matches

by X528
Tue Aug 13, 2019 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Are you a "solo ager?"
Replies: 111
Views: 13290

Re: Are you a "solo ager?"

Hypothetically, if you are alone as you age and do become demented and on your own pass away sooner-what difference will this make? It's not the death. It's the dying. Death occurs and it is done. Dying can happen quickly or slowly. Dying can be peaceful or painful. I think most people are worried ...
by X528
Sun Jul 28, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: What two or three financial things to do to wind up wealthy regardless if you make numerous other financial mistakes?
Replies: 85
Views: 9011

Re: What two or three financial things to do to wind up wealthy regardless if you make numerous other financial mistakes

OP, Save 30+% of your gross income. Aka, save 1 year of expense every year. My good friend worked for Enron for 20+ years. He lost all his 401K savings due to Enron. He still retired at 62 years old. KlangFool How did he retire? Did he get another job and not put all of his 401K funds into a single...
by X528
Wed Jul 17, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 145
Views: 7818

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

"Understand that you need 150 hours of college credit to sit for the CPA" Is this total number of college credits (e.g., credit from math, science, engineering, and non-business or non-accounting courses) )? Is there a minimum requirement of credits from accounting courses? You'd need to check the ...
by X528
Wed Jul 17, 2019 3:29 pm
Forum: Personal Investments
Topic: asset allocation anxiety
Replies: 29
Views: 2322

Re: asset allocation anxiety

Stocks can fall 50% or more in a year.
by X528
Tue Jul 16, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in career change to Accounting for 37 yr old? Would it be foolish?
Replies: 145
Views: 7818

Re: Invest in career change to Accounting for 37 yr old? Would it be foolish?

"Understand that you need 150 hours of college credit to sit for the CPA"

Is this total number of college credits (e.g., credit from math, science, engineering, and non-business or non-accounting courses) )? Is there a minimum requirement of credits from accounting courses?
by X528
Fri Jul 12, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: At What Age or Point in your Career did your investments start outweighing your regular paychecks?
Replies: 85
Views: 11481

Re: At What Age or Point in your Career did your investments start outweighing your regular paychecks?

"Assuming max SS, one only needs $1.5m or less @ 4% SWR to have $100k a year to live on. "
Yes - well put exactly.

What is the max SS income?
by X528
Sun Jul 07, 2019 6:36 pm
Forum: Personal Consumer Issues
Topic: Is Grass-fed milk worth it?
Replies: 82
Views: 4270

Re: Is Grass milk worth it?

Raw (unpasteurized), grass-fed cow's milk is very healthy, safe and good for you: https://www.westonaprice.org/health-topics/making-it-practical/milk-it-does-a-body-good/ https://www.westonaprice.org/real-milk-campaign/ http://eugenewestonaprice.org/raw-milk/ My refrigerator is filled with the stuff...
by X528
Sat Jul 06, 2019 6:33 pm
Forum: Personal Investments
Topic: Under age 50 and have a stock allocation less than 50%?
Replies: 25
Views: 2646

Under age 50 and have a stock allocation less than 50%?

Anybody under age 50 here have a STOCK portfolio allocation less than 50%? I'm thinking I may be more conservative and risk-averse than most people my age (mid-40's). Using portfoliovisualizer.com, it looks like I could reasonably get my preferred retirement account balance ($3 million at minimum) w...
by X528
Fri Jul 05, 2019 9:20 pm
Forum: Personal Investments
Topic: High income investor NOT using municipal bonds?
Replies: 14
Views: 1841

High income investor NOT using municipal bonds?

Is there anyone in a high income tax bracket NOT using tax-exempt municipal bond funds in their taxable accounts?

If so, what is your reasoning? Diversification benefits, higher credit quality (e.g., Treasuries)?
by X528
Tue Jul 02, 2019 8:48 pm
Forum: Personal Investments
Topic: Vanguard Global Credit Bond Fund (VGCIX)?
Replies: 6
Views: 758

Vanguard Global Credit Bond Fund (VGCIX)?

I've been considering the Vanguard Global Credit Bond Fund (VGCIX). It has a 2.37% yield. It's up 9.33% YTD. Actively managed. 6.5 years duration - so it looks like an intermediate term duration bond fund. The United States comprises 49.3% of the fund and is diversified globally. This fund is hedged...
by X528
Thu Jun 27, 2019 5:26 pm
Forum: Personal Consumer Issues
Topic: Website design help
Replies: 22
Views: 1259

Re: Website design help

How does one show ownership of a website (a website name)? You show that you own a domain name by demonstrating that you can control where it points to, by changing settings in your domain registrar's control panel. If you want to move your site to a different web host, you set up your pages at the...
by X528
Thu Jun 27, 2019 4:49 pm
Forum: Personal Consumer Issues
Topic: Website design help
Replies: 22
Views: 1259

Re: Domains

How does one show ownership of a website (a website name)? I have a website domain name that I pay yahoo annually for. Do owners get a domain name certificate or something? 1. website name - domain or domain name. For example: ibm.com 2. No certificate. 3. Go to https://whois.icann.org/en and enter...
by X528
Thu Jun 27, 2019 4:21 pm
Forum: Personal Consumer Issues
Topic: Website design help
Replies: 22
Views: 1259

Re: Website design help

How does one show ownership of a website (a website name)? I have a website domain name that I pay yahoo annually for. Do owners get a domain name certificate or something?
by X528
Sat Jun 22, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: Ever been a Ponzi scheme or fraud victim? Other signs?
Replies: 11
Views: 1376

Ever been a Ponzi scheme or fraud victim? Other signs?

Have you ever been a victim of an investment Ponzi scheme or fraud, well-known (e.g., Madoff, Allen Stanford) or not? In hindsight, were there any lesser known indications that things were not right (e.g., other than not giving back or delaying the return of your investment funds, or a ridiculous an...
by X528
Wed Jun 19, 2019 8:10 pm
Forum: Investing - Theory, News & General
Topic: Investing in Multiple Streams of Income? (NOT get rich quick)
Replies: 93
Views: 8361

Re: Investing in Multiple Streams of Income? (NOT get rich quick)

CppCoder wrote:
Wed Jun 19, 2019 5:36 pm
I wrote a book. Every quarter, I get tens of dollars in extra income! :oops:
Now write 1,000 more books. Then you would be getting 1,001 x tens of dollars per book every quarter. Imagine the income. (Definitely not a get rich scheme.) It's achievable if you work hard at it.
by X528
Wed Jun 19, 2019 1:04 pm
Forum: Investing - Theory, News & General
Topic: Investing in Multiple Streams of Income? (NOT get rich quick)
Replies: 93
Views: 8361

Re: Investing in Multiple Streams of Income? (NOT get rich quick)

OP, What is wrong with the followings? Earn, save, invest. 1) Earn enough so that you can save 1 year of expense every year. 2) Invest your saving 3) Buy a reasonable house to fix your housing expense = 40% to 50% of the inflation rate. Then, your personal inflation rate is lowered than the officia...
by X528
Tue Jun 18, 2019 8:05 pm
Forum: Personal Consumer Issues
Topic: Subaru Ascent vs Toyota Highlander...
Replies: 37
Views: 4053

Re: Subaru Ascent vs Toyota Highlander...

DW wants to move up to three row SUV to haul around grandkids. Love the Ascent but dealership 60 miles from home and Toyota dealerships 15 miles from home. Any thoughts here? Toyota/Lexus Fanboy here. I've never had a problem with any Toyota or Lexus vehicles over the years. The quality and reliabi...
by X528
Sat Jun 08, 2019 1:17 pm
Forum: Investing - Theory, News & General
Topic: indexers buying negative interest bonds
Replies: 26
Views: 2601

Re: indexers buying negative interest bonds

It would be difficult for global bond indexes to avoid negative-yielding bonds, since they comprise nearly a quarter of all global debt outstanding today (chart below). https://i.imgur.com/KqtWhVq.jpg Source: Evergreen Negative interest rates are a fairly radical monetary policy, but so far haven't...
by X528
Fri Jun 07, 2019 10:37 am
Forum: Investing - Theory, News & General
Topic: The logical fallacy behind "Bonds Are For Safety"
Replies: 248
Views: 16603

Re: The logical fallacy behind "Bonds Are For Safety"

What happens to stocks and bonds in deflation?
by X528
Fri May 31, 2019 6:57 pm
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12769

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.

PS Nsprius had a recent post with statistics that shewed no difference in outcome over the long term between 70% Equities /30% Bonds and vice versa-we do not need the volatility so we tone it down and stay the course! What are the statistics for this comparison? Are they comparing 70/30 to 30/70 st...
by X528
Fri May 31, 2019 1:35 pm
Forum: Investing - Theory, News & General
Topic: Don't add currency risk on top of equity risk
Replies: 68
Views: 4932

Re: Don't add currency risk on top of equity risk

Basically, Bogle was right about not owning foreign equities -- at least for folks without a high allocation to equities and not a couple of decades for things to wash out. Over 10 - 20 years, the difference in returns with foreign equities included probably isn't large enough to write home about a...
by X528
Thu May 30, 2019 11:17 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 482
Views: 53024

Re: What is/ was your career and would you recommend it now?

I started off with a BS in biology doing bench research for a few year after college - while enjoyable it wasn't the path i wanted to pursue, so went back for an MBA. Spent a few years after that in product marketing roles, but ultimately ended up in a place I never thought i would be - biotech sal...
by X528
Wed May 29, 2019 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Fun paid jobs after FIRE
Replies: 180
Views: 17045

Re: Fun paid jobs after FIRE

What about volunteering? Work does not have to be paid.

One could volunteer help at an animal rescue.
by X528
Tue May 28, 2019 10:06 am
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12769

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

I'm in my 40's and I'm currently at a 60/40 stock/bond allocation for my retirement and investment accounts. But I'm seriously considering going to either a 40/60 or 30/70 allocation. I have a high income and a high savings rate and live well below my means. I was playing around with the portfoliov...
by X528
Tue May 28, 2019 8:26 am
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 12769

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

I'm in my 40's and I'm currently at a 60/40 stock/bond allocation for my retirement and investment accounts. But I'm seriously considering going to either a 40/60 or 30/70 allocation. I have a high income and a high savings rate and live well below my means. I was playing around with the portfoliovi...
by X528
Sun May 19, 2019 10:00 am
Forum: Personal Investments
Topic: VTSAX or VTWAX over the next 35 years?
Replies: 173
Views: 19749

Re: VTSAX or VTWAX over the next 35 years?

My opinion is that it doesn't matter. Staying the course, saving enough, and generally indexing matters. It has made a significant difference so far. Also, there is no virtue in staying on a bad course. It's better to change course in that case. In other words throwing the boglehead principals out ...
by X528
Sat May 18, 2019 9:11 am
Forum: Personal Consumer Issues
Topic: Anyone here own an assisted living facility?
Replies: 8
Views: 1577

Re: Anyone here own an assisted living facility?

My wife and I are considering starting an assisted living facility but we have a lot of research to do before we get serious enough to apply for a loan to start the process. If anyone here owns one can you tell me how your business operates, how much staff, how many beds, positives/negatives, etc. ...
by X528
Tue May 07, 2019 7:45 am
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 14121

Re: I tried to fire my financial advisor of 12 years today...

mptfan wrote:
Tue May 07, 2019 7:35 am
RickBoglehead wrote:
Tue May 07, 2019 5:24 am
Do NOT email him. You went about this all wrong. Pull funds without discussing it with him.
+1
This +2. Transfer your assets immediately if you can without any interaction with the adviser. The adviser and/or the firm may try to extract exit or account closing fees or some such.
by X528
Tue May 07, 2019 7:43 am
Forum: Personal Investments
Topic: I tried to fire my financial advisor of 12 years today...
Replies: 127
Views: 14121

Re: I tried to fire my financial advisor of 12 years today...

"I've heard too often "But he is a good guy", "He is a family friend", etc. That is no reason to use them for business."

This. Financial divisors are essentially sales people. They are deliberately trained to give you this impression to gain your confidence and your business.
by X528
Fri May 03, 2019 11:25 am
Forum: Personal Investments
Topic: Too late to start over with nothing?
Replies: 40
Views: 6422

Re: Too late to start over with nothing?

Hello, I was active years ago and received excellent advice on getting rid of a bad margin loan, etc. Since then I am on SSDI, spent all my investments, cashed in our 401 K and have no savings. Good news is I have SS and retirement checks each month and I pay my living expenses. My wife works and w...
by X528
Mon Apr 29, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Fed interviewing for a private sec job - value of FERS pension?
Replies: 37
Views: 2474

Re: Fed interviewing for a private sec job - value of FERS pension?

"40.4 years of service * 1.1% * $138,572 = $61,606/year." Consider this: To generate $61,606/year in retirement using your own savings without a pension, you need to save about: $61,606/0.04 = $1,540,150.00. This is assuming a 4% yearly withdraw rate. If you wanted to replace your FERS pension, this...
by X528
Thu Apr 25, 2019 9:00 pm
Forum: Personal Consumer Issues
Topic: Noise-canceling headphones.
Replies: 19
Views: 1774

Re: Noise-canceling headphones.

student wrote:
Thu Apr 25, 2019 8:45 pm
Don't cheap out. I have the QC 25. They are fantastic.
I actually have the Bose QC 25 and they seem to work fine. I was just wondering if there were better options.

Thanks for the responses everyone.
by X528
Thu Apr 25, 2019 4:42 pm
Forum: Personal Consumer Issues
Topic: Noise-canceling headphones.
Replies: 19
Views: 1774

Noise-canceling headphones.

Can anyone recommend a brand of noise-canceling headphones that are better and cheaper (<$300) than the Bose QuietComfort 25 Acoustic Noise Canceling headphones?
by X528
Wed Apr 24, 2019 8:22 am
Forum: Personal Investments
Topic: Schwab municipal bond funds.
Replies: 5
Views: 801

Re: Schwab municipal bond funds.

Is there a cheaper and better alternative to SWNTX (Schwab tax-free bond fund) available through Schwab with no transaction fee and low initial minimum investment? What’s wrong with SWNTX? Comparison with MUB SWNTX has a relatively high expense ratio of 0.49%. I was looking for a cheaper fund. But ...
by X528
Tue Apr 23, 2019 8:07 pm
Forum: Personal Investments
Topic: Schwab municipal bond funds.
Replies: 5
Views: 801

Schwab municipal bond funds.

Is there a cheaper and better alternative to SWNTX (Schwab tax-free bond fund) available through Schwab with no transaction fee and low initial minimum investment?
by X528
Wed Apr 10, 2019 7:49 pm
Forum: Personal Investments
Topic: TSP and IRA questions.
Replies: 8
Views: 661

Re: TSP and IRA questions.

Is it correct to understand that you have no Forms 8606 from the earlier years when you did non-deductible contributions? Another way to ask....when you pro-rated these conversions in the last couple of years, is it correct to think you started with no basis in the IRA from previous non-deductible ...
by X528
Wed Apr 10, 2019 5:52 pm
Forum: Personal Investments
Topic: TSP and IRA questions.
Replies: 8
Views: 661

Re: TSP and IRA questions.

I've only performed the Traditional to Roth IRA conversions in the last couple of years, and I did report them on my tax returns for those years. So yes, I did pay taxes on these Roth conversions. That is a major reason why I'm trying to get "rid" of my traditional IRA by either combining it with m...
by X528
Wed Apr 10, 2019 5:09 pm
Forum: Personal Investments
Topic: TSP and IRA questions.
Replies: 8
Views: 661

Re: TSP and IRA questions.

Thanks everyone for your replies. "Oh dear, this changes everything... The old IRA should have been pro-rated with each year's conversion. Meaning you have been under-paying your taxes each time you made the non-deductible contribution and converted it to Roth IRA. How many years have you done that?...
by X528
Wed Apr 10, 2019 12:36 pm
Forum: Personal Investments
Topic: TSP and IRA questions.
Replies: 8
Views: 661

TSP and IRA questions.

I currently have a FERS TSP plan (Thrift savings plan) due to my federal employment. I also have a traditional IRA with Vanguard that has both deductible and non-deductible contributions (all in 1 account). Unfortunately, I did not know about filing an IRS form 8606 over the years for the contributi...
by X528
Wed Apr 03, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: Make sure your retirement investment plan includes being fired from your job in your 50s
Replies: 285
Views: 17239

Re: Make sure your retirement investment plan includes being fired from your job in your 50s

Of those who are pushed out in their 40s or 50s..... Are they the ones that jump from job to job to maximize their incomes and eventually price themselves out of the market? Or are the ones who tend to work for below market wages (in exchange for more "security", more work-life balance, etc) just a...
by X528
Wed Feb 13, 2019 7:04 pm
Forum: Personal Investments
Topic: Why international?
Replies: 144
Views: 10797

Re: Why international?

Charles Munger talks about Incentive Bias being very powerful. That a person/company will rationalize why their hypothesis is correct because they have an incentive to make a recommendation. Do you think all these Banks including Vanguard are recommending International because of Incentive Bias? Th...
by X528
Tue Feb 12, 2019 4:28 pm
Forum: Personal Investments
Topic: Why international?
Replies: 144
Views: 10797

Re: Why international?

munemaker wrote:
Tue Feb 12, 2019 4:06 pm
stocknoob4111 wrote:
Sun Aug 05, 2018 1:58 pm
Why then is international diversification touted by all the financial advisers and also on Bogleheads?
One word: Diversification

Diversification. Also look at what happened to Japan.
by X528
Fri Feb 01, 2019 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Age discrimination in the medical professions as one gets older?
Replies: 40
Views: 3742

Re: Age discrimination in the medical professions as one gets older?

Thecallofduty wrote:
Fri Feb 01, 2019 9:30 am
In all honesty if you do not want any clinical encounters with patients then I would advice looking at other career options.
I figured that response would get your response. But your response did not answer the question.
by X528
Fri Feb 01, 2019 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Age discrimination in the medical professions as one gets older?
Replies: 40
Views: 3742

Re: Age discrimination in the medical professions as one gets older?

I was thinking about becoming a physician assistant (PA). Have you volunteered at a health care facility? Have you spoken with or shadowed PAs at their workplaces? Do you know if you can stomach the situations, sights and smells you may encounter? I had a classmate in PA school who quit after the f...
by X528
Wed Jan 30, 2019 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Age discrimination in the medical professions as one gets older?
Replies: 40
Views: 3742

Re: Age discrimination in the medical professions as one gets older?

How does this impact you personally? I was thinking of going into a medical profession. I'm in my mid-50s, and have been a PA for almost twenty-five years (second career, I was an Air Force officer before that.) I've not had an issue with my age and finding employment, but I'm working part-time now...
by X528
Wed Jan 30, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Age discrimination in the medical professions as one gets older?
Replies: 40
Views: 3742

Re: Age discrimination in the medical professions as one gets older?

The Wizard wrote:
Wed Jan 30, 2019 9:17 pm
How does this impact you personally?
I was thinking of going into a medical profession.
by X528
Wed Jan 30, 2019 9:15 pm
Forum: Personal Finance (Not Investing)
Topic: Age discrimination in the medical professions as one gets older?
Replies: 40
Views: 3742

Age discrimination in the medical professions as one gets older?

Age discrimination in tech employment (sales, management, retail. software, IT, engineering, etc.) as one gets older (over aged 40 or 50) seems to be an issue that many people can face. I was wondering if age discrimination as one gets older working in the medical professions, like physician, nurse,...
by X528
Wed Jan 16, 2019 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 555
Views: 50471

Re: Why are your NOT buying rental properties?

Check out John T. Reed's books on real estate:

https://johntreed.com/collections/real- ... investment

I don't invest in rental real estate, but if you're going to do it, read his stuff first.
by X528
Sun Jan 13, 2019 2:20 pm
Forum: Investing - Theory, News & General
Topic: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)
Replies: 128
Views: 8955

Re: Emerging markets cannot be fairly valued and investors are better off elsewhere: Change my mind :)

Here is what I do know: The best performing stock markets aren’t the same every year. US, Euro, Asia, “Emerging” - there isn’t much consistency. So, I buy 2 funds that essentially guarantee I will own the top performing market while ultimately minimizing my risk/volatility due to the diversificatio...
by X528
Wed Jan 09, 2019 10:08 am
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 103
Views: 15716

Re: Talk me out of a 60/40 AA

I don't see the specific figure, but I do see you are talking about only US stocks. I agree that international diversification is essential. My 60 stocks is 60/40 intl/domestic. :sharebeer Yes, an international allocation would have helped in the GD. A 60/40 portfolio of global equities and bonds w...