Search found 2531 matches

by sschullo
Sat Sep 19, 2020 7:58 am
Forum: Personal Investments
Topic: Anyone REGRET retiring too soon?
Replies: 25
Views: 5425

Re: Anyone REGRET retiring too soon?

No regrets. My response is similar to many people who retired: While I was able to do the things I loved while I was working, I could do them full time when I retired 12 years ago. While I liked my career, I love doing what I am doing now, trying to reform the 403(b) with my k12 colleagues. Like vs....
by sschullo
Fri Aug 21, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: Advice to a Millennial about nest egg "Critical Mass"
Replies: 150
Views: 16816

Re: Advice to a Millennial about nest egg "Critical Mass"

Nice Post OP. I would say that both you and your wife are very lucky in one critical area, that you loved your job for 40 years. Very few people can teach that long and still love it. I had enough of teaching after 24 years but I could afford to retire a little earlier than most in my boomer generat...
by sschullo
Fri Aug 21, 2020 7:21 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3165
Views: 547627

Re: What are you up YTD? [Year To Date]

33%/67% AA
3.8%
by sschullo
Tue Aug 04, 2020 7:44 am
Forum: Investing - Theory, News & General
Topic: Is entrepreneurship anti-Boglehead?
Replies: 41
Views: 2515

Re: Is entrepreneurship anti-Boglehead?

Anti Boglehead? Of course not. I respect entrepreneurship. It was never my experience, but my family back in Wisconsin have their farming businesses and have done very well. My nephew and his wife built an empire hiring 15-20 employees milking 900 cows for years now with a trucking business too. My ...
by sschullo
Sat Aug 01, 2020 9:01 am
Forum: Personal Investments
Topic: Financial Advisor / Planner
Replies: 8
Views: 663

Re: Financial Advisor / Planner

Many times asking a bunch of questions backfires because most advisers have heard it all and know how to answer. Never pay an AUM but by the hour BUT you have take some knowledge and have all of your financial situation organized. If you let an adviser organize it for you, they have a right to charg...
by sschullo
Fri Jul 31, 2020 10:37 am
Forum: Personal Investments
Topic: Yet Another University of California retirement savings thread
Replies: 44
Views: 5160

Re: Yet Another University of California retirement savings thread

The UC 403(b) system is the holy grail of how the 403(b) can be a great plan. We in the public k12 districts in California are nowhere near the 403(b) perfection that the UC employees have enjoyed for decades. The K12 and higher education cultures are vastly different. You cannot imagine how terribl...
by sschullo
Tue Jul 21, 2020 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Just Bought an Annuity
Replies: 237
Views: 27168

Re: Just Bought an Annuity

Out of curiosity....it seems that you intentionally did NOT choose to go with a variable annuity . May I ask why not? Greenman72: This is why I would never buy a Variable Annuity: ONE FAULTY INVESTMENT Best wishes. Taylor Thank you Taylor for the link to VAs and why they are terrible plans. Too man...
by sschullo
Sun Jul 19, 2020 2:59 pm
Forum: Investing - Theory, News & General
Topic: With interest rates at zero, is VBTLX still a sensible component of the Three Fund Portfolio?
Replies: 117
Views: 8245

Re: With interest rates at zero, is VBTLX still a sensible component of the Three Fund Portfolio?

And to finish what Taylor started, when interest rates started edging up Vanguard total bond market index had these returns: 2017: 3.57% 2018: (-0.05)% 2019: Astonishing 8.71% 2020 June 17 close of markets YTD: 7.18% (interest rates returned to 0.00 or close to it). Bonds stabilize the portfolio an...
by sschullo
Sun Jul 19, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: With interest rates at zero, is VBTLX still a sensible component of the Three Fund Portfolio?
Replies: 117
Views: 8245

Re: With interest rates at zero, is VBTLX still a sensible component of the Three Fund Portfolio?

The idea behind including VBTLX in the Three Fund portfolio, as far as I understand it, is to provide a more stable, safe, low-volatility asset class yielding modest returns, to counter the other two components which are high-risk high-return stock indexes. VBTLX used to be an ideal complement to t...
by sschullo
Wed Jul 15, 2020 1:57 pm
Forum: Personal Consumer Issues
Topic: Which household items have made your life easier/more convenient/happier?
Replies: 82
Views: 6579

Re: Which household items have made your life easier/more convenient/happier?

A good light cordless vacuum. We have the Dyson V11 torque drive. Expensive, but it is easy to clean, and it cleans well. Light enough that our 3 year old is able to vacuum the living room. He loves doing it! :D Does anyone have experience with robot vacuums? i.e. Roombas, iRobots, etc If those cle...
by sschullo
Mon Jul 06, 2020 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Who has long term care insurance?
Replies: 119
Views: 6059

Re: Who has long term care insurance?

YES, for over a decade now with Genworth. $1300 a year premium for two years of $150 a day support. I will be 73 this month.
by sschullo
Wed Jul 01, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 176
Views: 16460

Re: Tesla becomes most valuable car company in the world

I never understood the valuations of most growth companies. I vividly recall back in the tech wreck days.
With Tesla, I understand one of their products. I have owned one for over 6 years and saved a ton on petroleum and maintenance.
BTW I do own shares through the Total Stock Market Index.
by sschullo
Wed Jul 01, 2020 9:54 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3165
Views: 547627

Re: What are you up YTD? [Year To Date]

33/67 Stock Bond
72 and retired
.5% UP
by sschullo
Mon Jun 29, 2020 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 213
Views: 16762

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

Getting married to a frugal person. Two incomes are a great way to build wealth, especially before the kids arrive. It's easier to gather a down payment for a house, pay off debt faster or get retirement savings built up early. Even is someone later stays home with the kids, you have that money tuc...
by sschullo
Fri Jun 19, 2020 1:35 pm
Forum: Personal Investments
Topic: Susie Orman Says You are Crazy to be Investing in Bonds
Replies: 173
Views: 17558

Re: Susie Orman Says You are Crazy to be Investing in Bonds

I stopped watching her TV show years ago when she yelled at a guest "Stupid!" Ramsey does the same thing. With such high profile people like them, no wonder the public is intimidated by finances.
Then the FIRE rant and bragging about owning an island was NOT a surprise.
by sschullo
Mon Jun 15, 2020 8:30 am
Forum: Personal Consumer Issues
Topic: Really hard to avoid "Keeping up with the Joneses"!
Replies: 313
Views: 32290

Re: Really hard to avoid "Keeping up with the Joneses"!

At least you are not "addicted" to spending like your friends and relatives appear to be. When you describe their spending behavior as "ridiculous" you are going to be fine. Because it IS RIDICULOUS! Reading your story about the power of "peer pressure" makes me think that "addiction to spending" mi...
by sschullo
Mon Jun 08, 2020 3:26 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3165
Views: 547627

Re: What are you up YTD? [Year To Date]

up 1.0% as of last Friday, June 5, 2020.
30/70 AA
by sschullo
Mon Jun 08, 2020 3:23 pm
Forum: Personal Consumer Issues
Topic: Millionaire Teacher - Andrew Hallam
Replies: 70
Views: 10920

Re: Millionaire Teacher - Andrew Hallam

I want to bring this discussion up again. I was one of the first to read Edition 1 and in it had a horrible Rule 9. Rule 1-8 were excellent and followed the boglehead philosophy of investing 100% and he quoted many of the Boglehead authors. HOWEVER, Rule number 9 was all about picking individual sto...
by sschullo
Thu May 28, 2020 8:15 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3165
Views: 547627

Re: What are you up YTD? [Year To Date]

down 1.0%
70/30 AA
72 years old and retired
by sschullo
Sat Apr 25, 2020 6:14 pm
Forum: Investing - Theory, News & General
Topic: Why do investors have a hard time doing nothing?
Replies: 53
Views: 3989

Re: Why do investors have a hard time doing nothing?

adamthesmythe wrote: Sat Apr 25, 2020 1:06 pm I guess I'm not an investor because I don't have any trouble doing nothing.
Yeah, in fact, I don't like investing except I do enjoy the benefits of low costs and feel the quietness of turning off all of the TV financial noise machines.
by sschullo
Thu Apr 23, 2020 6:42 pm
Forum: Investing - Theory, News & General
Topic: Bonds won't get you anywhere!
Replies: 85
Views: 9362

Re: Bonds won't get you anywhere!

Are Bonds simply a tool for investors that don't like market volatility and seeing their balances go up and down too dramatically? And that would be a bad thing? Seems to me if you plan on withdrawing money in the near future it would be a good thing. Yep, it's my age and willingness to take equity...
by sschullo
Thu Apr 09, 2020 3:18 pm
Forum: US Chapters
Topic: Livesoft reaches 70,000 posts!
Replies: 31
Views: 2870

Re: Livesoft reaches 70,000 posts!

Keep them coming!
Congrats,
Steve
by sschullo
Wed Apr 08, 2020 9:30 am
Forum: Personal Investments
Topic: dry powder increasing
Replies: 52
Views: 4747

Re: dry powder increasing

will we ever go back to March 23 lows? since then, the market has moved up about 20% the market is recovering too quickly while i had some dry powder ready for deployment now i'm regretting cause i might have gotten too greedy waiting for a deeper hit to the market i only put in 1/3 of the dry powd...
by sschullo
Wed Apr 01, 2020 7:30 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3165
Views: 547627

Re: What are you up YTD? [Year To Date]

Down 7.0%,
30/70 stock/bond (it had dropped from 34/66 to 28/72 but not enough to trigger a rebalance).
Working as designed and constructed for a 72-year-old retiree who needs this money for retirement.
Staying the course
by sschullo
Sun Mar 29, 2020 2:32 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 519
Views: 47536

Re: The Calm Post - Stay the course thread.

A Guided Meditation for when the Stock Market is Falling, by JL Collins (Author of "A Simple Path to Wealth") https://www.youtube.com/watch?v=OOGU94eL07E&feature=youtu.be This is great! Now JL Collins is a meditation leader! He never stops being just brilliant! and a gifted author of his very famou...
by sschullo
Fri Mar 27, 2020 9:24 pm
Forum: Investing - Theory, News & General
Topic: Market will be at all time high by year-end
Replies: 155
Views: 16011

Re: Market will be at all time high by year-end

I have a prediction that the market will be at an all time high by 12/31/2020. This thread will be revisited on that date to show the genius that I am. The current administration is pretty aggressive on pumping the market before the upcoming election so.. from your mouth to god’s ears:) Yep, and th...
by sschullo
Wed Mar 18, 2020 9:30 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 57220

Re: How to get Toilet Paper ? seriously.

JoMoney wrote: Wed Mar 18, 2020 9:26 pm
sschullo wrote: Wed Mar 18, 2020 9:22 pm
HueyLD wrote: Mon Mar 16, 2020 6:27 pm Does anyone still have old Sears or Penney’s catalogs?
and the newspaper.
Uggg! Be careful. I wouldn't want paper cuts or chafing back there.
I grew up on a Wisconsin farm and we had an outhouse till I was 8 years old, so I'm tough! 8-)
by sschullo
Wed Mar 18, 2020 9:22 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 57220

Re: How to get Toilet Paper ? seriously.

HueyLD wrote: Mon Mar 16, 2020 6:27 pm Does anyone still have old Sears or Penney’s catalogs?
and the newspaper.
by sschullo
Wed Mar 18, 2020 9:18 pm
Forum: Investing - Theory, News & General
Topic: The Calm Post - Stay the course thread.
Replies: 519
Views: 47536

Re: The Calm Post - Stay the course thread.

Like a well designed modern airplane, it flies naturally with occasional control by the pilot. My well-desgined portfolio is working as designed too with little management by me. Be calm, stay the course. Just remember we have seen and experienced bad times. Taylor has listed the negative historical...
by sschullo
Tue Mar 17, 2020 8:33 am
Forum: Investing - Theory, News & General
Topic: The Psychology of a Bear Market
Replies: 52
Views: 3899

Re: The Psychology of a Bear Market

I wished there were some sort of hard data to back up my comments. I am speaking from my own experience. Paul Merriman said in one of his podcasts that Vanguard investors stayed put during 2008, when compared to other investment companies, but he did not say the source of his comment. Does The Pros...
by sschullo
Tue Mar 17, 2020 8:12 am
Forum: Investing - Theory, News & General
Topic: The Psychology of a Bear Market
Replies: 52
Views: 3899

Re: The Psychology of a Bear Market

One thing is evident, most investors cannot discover their risk tolerance by filling out a questionnaire, simply reading about psychology, or constructing a diversified portfolio while sitting comfortably at your financial adviser's office. Good point, but in the absence of other experience, fillin...
by sschullo
Mon Mar 16, 2020 6:49 pm
Forum: Investing - Theory, News & General
Topic: Poll - How much of a crash are you predicting?
Replies: 82
Views: 5519

Re: Poll - How much of a crash are you predicting?

I am struggling to understand these 70-80% drawdown people. Is this because of the virus solely or the fragility of the equity/monetary systems? It just seems so unprecedented relative to other massive epidemics as well as economic impact in China, which is further ahead than us in the cycle. It is...
by sschullo
Mon Mar 16, 2020 8:44 am
Forum: Investing - Theory, News & General
Topic: The Psychology of a Bear Market
Replies: 52
Views: 3899

Re: The Psychology of a Bear Market

Always refer to Mike Tyson quote: "Everybody has a plan until they get punched in the mouth." Some fortunate people can learn ahead of time and know themselves so well they know their risk tolerance. For example, on one side, there are some bogleheads and investors that have been in 100% equities f...
by sschullo
Mon Mar 16, 2020 8:42 am
Forum: Investing - Theory, News & General
Topic: The Psychology of a Bear Market
Replies: 52
Views: 3899

Re: The Psychology of a Bear Market

Always refer to Mike Tyson quote: "Everybody has a plan until they get punched in the mouth." Some fortunate people can learn ahead of time and know themselves so well they know their risk tolerance. For example, on one side, there are some bogleheads and investors that have been in 100% equities fo...
by sschullo
Sat Mar 14, 2020 11:51 am
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 14435

Re: How many people with 7 figure portfolios are”rejoicing ?”

No. But I do rejoice every damn day that I can manage my portfolio without an expensive adviser.
Not making any changes at the moment. May rebalance into stocks if the market goes further down.
by sschullo
Fri Mar 13, 2020 9:33 am
Forum: Personal Investments
Topic: Capitulation
Replies: 59
Views: 5394

Re: Capitulation

How many body shots can a person's portfolio take? Mike Tyson has something to say about body shots: Everyone has a plan 'till they get punched in the mouth. As long as we persevere and endure, we can get anything we want. This experience is the time to evaluate your risk tolerance. Perhaps you too...
by sschullo
Thu Mar 12, 2020 10:08 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3165
Views: 547627

Re: What are you up YTD? [Year To Date]

After the DOW's 10% drop today, March 12, my 30/70 portfolio is down 8.0% YTD.
by sschullo
Thu Mar 12, 2020 10:06 pm
Forum: Personal Consumer Issues
Topic: Are you still going to the gym ...
Replies: 210
Views: 12685

Re: Are you still going to the gym ...

No. I am avoiding almost all group gatherings. I even go to the grocery store first thing in the morning.
by sschullo
Mon Mar 09, 2020 6:34 pm
Forum: Investing - Theory, News & General
Topic: Who do you follow for market insights ?
Replies: 49
Views: 2664

Re: Who do you follow for market insights ?

There are quite a few investment pundits and forecasters out there giving their take on the financial markets. Wonder who people here follow to gain insight on the markets -- be it stocks, bonds, currency, political implications, etc. Who has been the most accurate that you have found? Trying to ex...
by sschullo
Mon Mar 09, 2020 9:56 am
Forum: Personal Investments
Topic: Market down over 6% today
Replies: 56
Views: 6021

Re: Market down over 6% today

2000-2002 --was a painful period as I was in 95% tech stocks. lost 70% of my portfolio. But my late hubby and I did not panic and sell at the bottom. 2008 --was queasy but not painful as I redid my portfolio to reflect my age and willingness to take risks, and learned the lessons of 2000-2002 (30/7...
by sschullo
Mon Mar 02, 2020 11:27 am
Forum: Investing - Theory, News & General
Topic: The Dark Side of "Stay the Course"
Replies: 202
Views: 16548

Re: The Dark Side of "Stay the Course"

Retrospection is 100% accurate going all the way back to 1803 referred to Stocks for the Run book by Jeremy Siegal, according to the best data available for the last 200 years. Future predictions .999999999% are not only inaccurate but wrong long term. The only "dark side" is in our heads! The psych...
by sschullo
Sun Mar 01, 2020 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Long Term Care Insurance Increase Options Advice
Replies: 12
Views: 1165

Re: Long Term Care Insurance Increase Options Advice

I am bringing this up as I have a notice of LTC increase from Genworth too. I am seriously considering the lump sum premium of $11,809.52. I am 72 and in good health. I have been paying $911.12 annually for over a decade. The increase is 44% to $1321.08 annually. The benefit is $100 a day for two ye...
by sschullo
Thu Feb 27, 2020 3:47 pm
Forum: Personal Investments
Topic: Investment guidance for mid-20s married couple looking to FIRE
Replies: 8
Views: 490

Re: Investment guidance for mid-20s married couple looking to FIRE

wife, start 401k immediately! She will lower her taxable income.
by sschullo
Wed Feb 05, 2020 8:23 am
Forum: Personal Consumer Issues
Topic: Would you drive without a spare tire?
Replies: 193
Views: 11703

Re: Would you drive without a spare tire?

Yes, AAA has many spare tires! :wink:
by sschullo
Tue Feb 04, 2020 10:35 am
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 16871

Re: Tesla Stock

Tesla stock is so anti-boglehead. It is silly people consider buying it on this forum. I agree. I will never ever own individual stocks. BUT I Own The CAR! For six years and had solar installed for over 11 years ago. Not paying energy costs for transportation and home energy in all of those years i...
by sschullo
Tue Feb 04, 2020 10:16 am
Forum: Personal Investments
Topic: 403B Need to move it
Replies: 4
Views: 390

Re: 403B Need to move it

Hi Nanci, We only wish that more Californians (and the national public K12 teachers) would do what you just did, discover how conflicted, costly, and inappropriate annuities that are peddled by the nice man or woman. And use CalSTRS excellent 403(b) Pension2. BTW 30K is a lot more than 70% of our k1...
by sschullo
Tue Feb 04, 2020 9:57 am
Forum: Investing - Theory, News & General
Topic: Tesla Stock
Replies: 301
Views: 16871

Re: Tesla Stock

Tesla stock is so anti-boglehead. It is silly people consider buying it on this forum. I agree. I will never ever own individual stocks. BUT I Own The CAR! For six years and had solar installed for over 11 years ago. Not paying energy costs for transportation and home energy in all of those years i...
by sschullo
Fri Jan 31, 2020 11:07 pm
Forum: US Chapters
Topic: Sad news: LadyGeek's husband has passed
Replies: 352
Views: 27620

Re: Sad news: LadyGeek's husband has passed

Sorry for your loss LadyGeek.
by sschullo
Fri Jan 17, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Financial Counseling Services Plan through union
Replies: 13
Views: 560

Re: Financial Counseling Services Plan through union

Not sure what you are looking for in an adviser that you cannot find here at Bogleheads. Try the Garrett Planning Network ( https://garrettplanningnetwork.com/ , but you have to do your due diligence. While the advisers on this network are all fee-only fiduciaries, be careful about their Assets Unde...