Search found 157 matches

by usagi
Sat Sep 21, 2019 7:02 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 25
Views: 2588

Re: Baseline income options for early retirees?

OP, since you asked for other options..there are many I know of, but they are not totally passive. I now and then make signature loans to franchisees for forced remodels(this is my preferred way to lend as the interest rate is high and I can easily vet the borrower.) I have set of rules I put around...
by usagi
Sat Sep 21, 2019 1:42 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 25
Views: 2588

Re: Baseline income options for early retirees?

In order for it to be somewhat prudent, unless you have some form of private equity, you are likely looking at somewhere in the neighborhood of 50 to 70 times expenses in the regulated common securities market. ... I originally planned to retire with 75 times expenses and holding 15 years of expens...
by usagi
Sat Sep 21, 2019 1:41 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 25
Views: 2588

Re: Baseline income options for early retirees?

If you have a lot of dough and can live on paltry TIPS or CD returns in ER... DO IT!... ...Will probably survive, but I have a few other things up my sleeve. (Patents / products / downsizing the fleet and tangible assets / downsizing Casa Grande, 1031 into more NNN commercial with high cash flows /...
by usagi
Sat Sep 21, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Baseline income options for early retirees?
Replies: 25
Views: 2588

Re: Baseline income options for early retirees?

A lot of you are suggesting a lower SWR / higher savings. What you don't realize is just *how much* higher one's savings has to be in order to use a variable percentage withdrawal. If you want to cover all your expenses this way, you have to salt away 50 times your annual expenses to handle somethi...
by usagi
Sat Sep 21, 2019 11:48 am
Forum: Investing - Theory, News & General
Topic: Vanguard PAS -- one size fits all?
Replies: 10
Views: 977

Re: Vanguard PAS -- one size fits all?

I agree. I think people here have a strong negative bias to any type of AUM relationship. But .3% of $1M is ony $3k. People here seem to prefer an hourly model of financial advise. But my understanding is that Allan Roth and Rick Ferri (who are widely goth frequently recommended on this forum) are ...
by usagi
Sat Sep 21, 2019 11:04 am
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 66
Views: 4246

Re: Vanguard said to offer Digital Advisory Service

This new thing will make it easier for Vanguard to buy out other roboadvisors such as Betterment and Wealthfront. LOL. I am trying to imagine Vanguard's IT department trying to cope with using another companies technology...it would be hilarious. Vanguards has its fiefdoms and IT is one of them. Th...
by usagi
Sat Sep 21, 2019 9:43 am
Forum: Investing - Theory, News & General
Topic: Vanguard said to offer Digital Advisory Service [Robo-Advisor]
Replies: 66
Views: 4246

Vanguard Bets on Robo-Only Adviser

Vanguard Bets on Robo-Only Adviser Source: https://www.wsj.com/articles/vanguard-bets-on-robo-only-adviser-11568989446 It is a more fleshed out version of this Boglehead topic: https://www.bogleheads.org/forum/viewtopic.php?f=10&t=290769 The salient points I saw were: Indexing giant Vanguard Group p...
by usagi
Sat Sep 21, 2019 9:07 am
Forum: Personal Investments
Topic: Time for a portfolio check-up (55M, $1.5M)
Replies: 10
Views: 2225

Re: Time for a portfolio check-up (55M, $1.5M)

First comment, you are a great son, you truly are. Second comment, it sounds like other than dad, you have no ties. Third comment, I read what you wrote several times and it painted a picture in my mind as a result of a lot of inference. Once your father passes have you considered simply looking at...
by usagi
Fri Sep 20, 2019 9:52 pm
Forum: Personal Investments
Topic: Time for a portfolio check-up (55M, $1.5M)
Replies: 10
Views: 2225

Re: Time for a portfolio check-up (55M, $1.5M)

First comment, you are a great son, you truly are. Second comment, it sounds like other than dad, you have no ties. Third comment, I read what you wrote several times and it painted a picture in my mind as a result of a lot of inference. Once your father passes have you considered simply looking at ...
by usagi
Fri Sep 20, 2019 7:22 pm
Forum: Personal Investments
Topic: Recession strategy in a non-boggleheads fashion
Replies: 20
Views: 2725

Re: Recession strategy in a non-boggleheads fashion

Cash is often king. I have repeatedly bought distressed assets during recessions... ...Capitalism...totally awesome. The term "hero" is often overused, but you are a hero. Thanks for posting this. You have inspired me. That is very kind of you to say, but I am no hero. My father was a hero, as were...
by usagi
Fri Sep 20, 2019 3:03 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Individual Stock Investing Increases Risk
Replies: 70
Views: 3456

Re: Larry Swedroe: Individual Stock Investing Increases Risk

Very few retail investors have enough assets to construct a portfolio of individual stocks in which uncompensated, unsystematic risk is diversified away. Why make a bad bet if you don’t have to? Not to nitpick, as I would whole heartily recommend a broad based index over individual stocks for most ...
by usagi
Thu Sep 19, 2019 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 98
Views: 6894

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

Companies these days are very, very lawsuit wary. It use to be HR folks talked to each other in code and would convey a lot of information. Now days, even if you were a stellar performer most companies will do little other than say you worked there, your start and finish dates and maybe, just maybe...
by usagi
Thu Sep 19, 2019 11:20 pm
Forum: Personal Consumer Issues
Topic: wild caught sockeye salmon
Replies: 65
Views: 7393

Re: wild caught sockeye salmon

It is without a doubt possible to over fish a wild salmon population maybe not so much for hatchery populations. Catch too many of them before they spawn and die and you wont have many in following years. Most (but not all) Chinook salmon are caught in the ocean. Sockeye and Coho are usually caught...
by usagi
Thu Sep 19, 2019 11:19 pm
Forum: Personal Consumer Issues
Topic: wild caught sockeye salmon
Replies: 65
Views: 7393

Re: wild caught sockeye salmon

Understand that there is about zero concern about over harvesting of sockeye as sockeye are being harvested at end of life, i.e they are semelparous. If they are not caught and eaten by humans or bears they will die in a weeks anyways. Any population concerns associated with sockeye generally is at...
by usagi
Thu Sep 19, 2019 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 98
Views: 6894

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

Folks, Need some help and your wisdom. Should I give a 2 weeks notice before leaving a job or just tell my manager on the last day ? I worked for a company for 8 years and recently they outsourced my role to another company and fortunately I got a new job offer. With this new company, I don't have ...
by usagi
Thu Sep 19, 2019 10:47 pm
Forum: Personal Consumer Issues
Topic: Best places to live to raise a family (cost doesn't matter)
Replies: 80
Views: 6045

Re: Best places to live to raise a family (cost doesn't matter)

My family and I may consider moving. What are some of the best places to live to raise a family? I know there are numerous articles with rankings but all the ones I've seen factor in cost quite a bit. We'd be ok spending/living in a VHCOLA (very high cost of living area). Since you specifically sai...
by usagi
Thu Sep 19, 2019 10:08 pm
Forum: Personal Consumer Issues
Topic: wild caught sockeye salmon
Replies: 65
Views: 7393

Re: wild caught sockeye salmon

Whole Foods always has wild caught sockeye, fresh during the season, frozen or thawed otherwise. About 99.9999% of all sockeye is wild caught. The last I knew there was only one farm raising sockeye salmon in the world and it is locate in B.C. Farmed sockeye never made any sense except as a marketi...
by usagi
Thu Sep 19, 2019 9:39 pm
Forum: Personal Consumer Issues
Topic: wild caught sockeye salmon
Replies: 65
Views: 7393

Re: wild caught sockeye salmon

Aldi carries frozen Sockeye are a decent price. If you have one in the area Woodman's is a good bet also; they carry several "brands" of frozen sockeye. You may also want to try Chinook salmon (also known as "King") which is considered even higher end. Coho salmon is another option and usually deeme...
by usagi
Thu Sep 19, 2019 9:19 pm
Forum: Personal Investments
Topic: Advice on unwinding a large taxable holding
Replies: 13
Views: 1315

Re: Advice on unwinding a large taxable holding

Between 401k and HSA contributions, as well as taking the standard deduction I am currently forecasting our combined AGI to be ~90k for 2019 (prior to selling any equity). My current plan is to sell tax lots of this equity holding, and generate long term capital gains up to the MFJ Roth contributio...
by usagi
Thu Sep 19, 2019 9:11 pm
Forum: Personal Investments
Topic: Income in retirement from stocks/mutual funds
Replies: 20
Views: 1965

Re: Income in retirement from stocks/mutual funds

A total return approach is superior to a dividend and income approach. Sorry, but you are stating an opinion as fact. Total return is as sound as any theory can be but ultimately it is predicated upon a number of assumptions. Which is to say in a slow growth, low inflation environment one pool of p...
by usagi
Thu Sep 19, 2019 5:31 pm
Forum: Personal Investments
Topic: Please help me invest a little sentimental mad money
Replies: 38
Views: 2043

Re: Please help me invest a little sentimental mad money

This isn't quite right. Vanguard has accurate basis tracking, but you do have to select "Specific ID" option if you want lot by lot detail. I can assure in the past what Vanguard reported was not accurate. I cannot say about the present, because I stopped adding to my assets there as a result of th...
by usagi
Thu Sep 19, 2019 10:46 am
Forum: Personal Investments
Topic: Please help me invest a little sentimental mad money
Replies: 38
Views: 2043

Re: Please help me invest a little sentimental mad money

Thank you. I spent a little time on the VG website yesterday, trying to understand ETF's vs. mutual funds. If I'm understanding you correctly, it sounds like since this will be a taxable account, that I may be better off with an ETF over a mutual fund? I've gotten so many great suggestions already....
by usagi
Thu Sep 19, 2019 2:49 am
Forum: Personal Finance (Not Investing)
Topic: USAA Auto Premiums Up Exactly 10% in 3 Consecutive Renewals?
Replies: 43
Views: 4381

Re: USAA Auto Premiums Up Exactly 10% in 3 Consecutive Renewals?

I have been with USAA for 30 some years. I dropped my HO insurance some time ago due to constantly rising premiums and lack of policy options for the risks I wished to assume. USAA is very not very accommodating in this regard. However the increases were not due to USAA so much as the State I live i...
by usagi
Thu Sep 19, 2019 2:26 am
Forum: Personal Investments
Topic: Fidelity Review
Replies: 15
Views: 1883

Re: Fidelity Review

I have a 'review' with my Fidelity 'advisor' scheduled this week. I'm self directed and not really interested in any paid advisory services he might try and sell me. OTOH, he has been helpful over minor customer service issues (and got me a bonus when I moved the account there -- this was when Fido...
by usagi
Thu Sep 19, 2019 1:47 am
Forum: Personal Investments
Topic: Income in retirement from stocks/mutual funds
Replies: 20
Views: 1965

Re: Income in retirement from stocks/mutual funds

Hello everyone.. I am looking to set up some stocks or mutual funds as a grouping for the purpose of income....no bonds.. Is it better to go with a mutualfund/etf that pays dividends or go with several stocks that are proven to increase dividends over time....for both I would buy and hold and just ...
by usagi
Thu Sep 19, 2019 12:14 am
Forum: Personal Investments
Topic: Recession strategy in a non-boggleheads fashion
Replies: 20
Views: 2725

Re: Recession strategy in a non-boggleheads fashion

Hi BGF, As a mental exercise, I like to try to think about alternate approaches to a problem I'm currently working on to help me understand my bias or blindspots. Today's problem is preparing for the (probable) upcoming recession. I know my personal context, assumptions, and strategy, but I'm hopin...
by usagi
Wed Sep 18, 2019 11:29 pm
Forum: Personal Investments
Topic: Roth IRA - Contributing too much too soon? (21 y/o)
Replies: 25
Views: 1949

Re: Roth IRA - Contributing too much too soon? (21 y/o)

I have 4 children. All have maxed their ROTH space, in both IRA and 401K since they were in their late teens and started their careers. Remember you can withdraw your principle at any time without penalty in your ROTH IRA. I would encourage you to keep going with it. You may well find yourself where...
by usagi
Wed Sep 18, 2019 11:05 pm
Forum: Personal Investments
Topic: Please help me invest a little sentimental mad money
Replies: 38
Views: 2043

Re: Please help me invest a little sentimental mad money

It sounds like your mom was a self sacrificing type, the sort a good parent should be. I would take the money and put it in a dividend etf (one example DGRO) and take the dividends on it and use the dividends for special treats. And as I enjoyed that treat, I would thank mom every time. Maybe it is...
by usagi
Wed Sep 18, 2019 10:56 pm
Forum: Personal Investments
Topic: Roth and Roth401k limits?
Replies: 10
Views: 833

Re: Roth and Roth401k limits?

If I contribute the max 25k (over 50) to a Roth401k can i still contribute 7k to a 'traditional' Roth account? (assuming under the income limits of course) Yes you may. In fact if you plan has an after tax feature and supports in place conversion you can go beyond that in a ROTH space. thanks, now ...
by usagi
Wed Sep 18, 2019 10:47 pm
Forum: Personal Investments
Topic: Laid off at 62; need to move some money to cash from retirement account
Replies: 21
Views: 4415

Re: Laid off at 62; need to move some money to cash from retirement account

I note you said "Going from bi-monthly pay checks/decent benefits to basically zero has been 'interesting'." That tells me you are not working and this was very unexpected. And you mention potetnial back door ROTHs which muddies the water as you need earned income. I am not trying to be a jerk...bu...
by usagi
Wed Sep 18, 2019 2:06 am
Forum: Investing - Theory, News & General
Topic: Are TIPS really a good inflation hedge? Pros and Cons
Replies: 138
Views: 7290

Re: Are TIPS really a good inflation hedge? Pros and Cons

"Are TIPS really a good inflation hedge? Pros and Cons" Answer: no. For one they simply protect their own purchasing power in a loose sort of way that may or may no tbe relevant to you. They do nothing to protect any asset that is not a TIP. But the biggest issue, and the one academic discussions l...
by usagi
Wed Sep 18, 2019 1:22 am
Forum: Personal Investments
Topic: Laid off at 62; need to move some money to cash from retirement account
Replies: 21
Views: 4415

Re: Laid off at 62; need to move some money to cash from retirement account

I note you said "Going from bi-monthly pay checks/decent benefits to basically zero has been 'interesting'." That tells me you are not working and this was very unexpected. And you mention potetnial back door ROTHs which muddies the water as you need earned income. I am not trying to be a jerk...but...
by usagi
Wed Sep 18, 2019 1:03 am
Forum: Personal Investments
Topic: Annuity question
Replies: 19
Views: 1756

Re: Annuity question

A variable annuity is the best way to turn long term capital gains, normally taxed at 15% for most people, to ordinary income, probably taxed at 22% or 24% for many people on this site. That also applies to an IRA or 401K plan where you take what would otherwise be long term capital gains and end u...
by usagi
Tue Sep 17, 2019 7:50 pm
Forum: Personal Investments
Topic: Please help me invest a little sentimental mad money
Replies: 38
Views: 2043

Re: Please help me invest a little sentimental mad money

It sounds like your mom was a self sacrificing type, the sort a good parent should be. I would take the money and put it in a dividend etf (one example DGRO) and take the dividends on it and use the dividends for special treats. And as I enjoyed that treat, I would thank mom every time. Maybe it is ...
by usagi
Tue Sep 17, 2019 6:06 pm
Forum: Personal Investments
Topic: Roth and Roth401k limits?
Replies: 10
Views: 833

Re: Roth and Roth401k limits?

g2morrow wrote:
Tue Sep 17, 2019 7:05 am
If I contribute the max 25k (over 50) to a Roth401k can i still contribute 7k to a 'traditional' Roth account? (assuming under the income limits of course)
Yes you may. In fact if you plan has an after tax feature and supports in place conversion you can go beyond that in a ROTH space.
by usagi
Tue Sep 17, 2019 5:48 pm
Forum: Personal Investments
Topic: Fidelity 401k automatically convert after-tax balances to Roth?
Replies: 18
Views: 878

Re: Fidelity 401k automatically convert after-tax balances to Roth?

Congrats - this is a great thing to have in a retirement account. I will have this feature on my 401k starting next year. But i don't know if after tax contributions in roth 401k can be rolled over to roth IRA while employed. They can if your plan also has an in-service withdraw feature. But in doi...
by usagi
Tue Sep 17, 2019 5:24 pm
Forum: Personal Investments
Topic: Fidelity 401k automatically convert after-tax balances to Roth?
Replies: 18
Views: 878

Re: Fidelity 401k automatically convert after-tax balances to Roth?

I have not seen anything new in the plan description documentation, but am I reading this correctly to assume that I now basically have an automatic backdoor option without paperwork?

That is exactly what it is. It is pretty awesome.
by usagi
Tue Sep 17, 2019 2:54 am
Forum: Personal Investments
Topic: Annuity question
Replies: 19
Views: 1756

Re: Annuity question

A variable annuity is the best way to turn long term capital gains, normally taxed at 15% for most people, to ordinary income, probably taxed at 22% or 24% for many people on this site. That also applies to an IRA or 401K plan where you take what would otherwise be long term capital gains and end u...
by usagi
Mon Sep 16, 2019 3:25 am
Forum: Personal Investments
Topic: Best Estate Planning Book
Replies: 7
Views: 1037

Re: Best Estate Planning Book

Start with the Nolo books. They will give you the lay of the land and give you enough information to determine if a more comprehensive strategy is needed. Rick Law's "Cruising through retirement" will give you a far different lay of the land. The book gives you a lot of information even though its r...
by usagi
Mon Sep 16, 2019 3:18 am
Forum: Investing - Theory, News & General
Topic: Oil price going to a $100-- time to change your asset allocation??
Replies: 86
Views: 8163

Re: Oil price going to a $100-- time to change your asset allocation??

...If the small time landscapers start to go under I may pick up some landscaping equipment on the cheap from the banks directly or at auction. Generally you can grab this stuff for 20-25% of market value. Life is good. I hear you. I have a pent up desire for a newer hunting rig -- F250 class or la...
by usagi
Mon Sep 16, 2019 3:13 am
Forum: Personal Investments
Topic: Now what?
Replies: 15
Views: 1497

Re: Now what?

Tell them life insurance is the price you pay to prove you love someone. Then tell them you are a life insurance salesman and quickly ask them whom they love? They will instantly leave you alone - forever.

This also works great on talkative seat mates when you travel on an airplane.
by usagi
Sun Sep 15, 2019 7:37 pm
Forum: Investing - Theory, News & General
Topic: Oil price going to a $100-- time to change your asset allocation??
Replies: 86
Views: 8163

Re: Oil price going to a $100-- time to change your asset allocation??

Got to say, enjoyable as it may be, this forum gets bizarre at times. I have read Bogle's books, and I will allow that though he did some tactical allocation and had a small gambling sliver at times in his portfolio his advice was essentially buy and hold. And yet, it seem every few days one of thes...
by usagi
Sat Sep 14, 2019 3:36 pm
Forum: Personal Investments
Topic: Credit check to join credit union
Replies: 9
Views: 1026

Re: Credit check to join credit union

A lot of CU use as certain firm out of Madison WI as their back office. I dropped them as a client as I expect our recommendations to be implemented. All that being said, given a lot (not all)of credit unions are BillyBob-and-SallyAnn type operations I would be hesitant to park on iota of my PI with...
by usagi
Sat Sep 14, 2019 1:20 pm
Forum: Personal Investments
Topic: How to value pension as a benefit when comparing jobs
Replies: 24
Views: 2290

Re: How to value pension as a benefit when comparing jobs

Anecdotal: I have a couple of small boutique consulting firms. A few years ago there was push to move from contractors to govies, as a result several of my long term contractors went over to the dark side and became Government employees. They cannot believe the benefits and the change in lifestyle. ...
by usagi
Sat Sep 14, 2019 12:59 pm
Forum: Personal Investments
Topic: Late starter - Need help
Replies: 27
Views: 3285

Re: Late starter - Need help

First of all, 36 is not to late. I am not sure if I follow all of the why of what you have written. I am confused by the inclusion of both Fidelity and Vanguard. As someone who has accounts at both, I would suggest thinking very carefully about whether you truly want more than one company. I.E. it i...
by usagi
Fri Sep 13, 2019 2:49 am
Forum: Investing - Theory, News & General
Topic: Central banks drive income seeking investors to equities
Replies: 34
Views: 1785

Re: Central banks drive income seeking investors to equities

They are trying to create a wealth effect. Likely if they also move to get rid of public defined benefit pensions (other than cash value) and we continue to have positive population growth it may all work out in the end simply because equities will be the only, long term, viable game in town. The is...
by usagi
Fri Sep 13, 2019 2:26 am
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9251

Re: Too Late To Get Back Into Stocks?

Hi, The 15x give me a 80-20 (equities to fixed income portfolio) in this case size matters. You are even more cautious in your own way than me if I read you correctly. I also don't rely in any way upon social payments, in addition any other potential income from business liquidation etc is not coun...
by usagi
Fri Sep 13, 2019 1:06 am
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9251

Re: Too Late To Get Back Into Stocks?

My own approach is to ensure that I have a clear allocation between stocks and bonds of 50/50 and that my total investment pot includes cash/cash equivalents and property for the other half. The cash equivalents made up of short term and fixed deposits etc roughly equal to 10 years expenses. 25/25/...
by usagi
Thu Sep 12, 2019 11:41 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9251

Re: Too Late To Get Back Into Stocks?

livesoft wrote:
Wed Sep 11, 2019 4:25 pm
May I ask then what was the exact purpose of your posting here? What did you expect to accomplish? Thanks!
I think we both know.
by usagi
Thu Sep 12, 2019 11:33 pm
Forum: Personal Investments
Topic: Too Late To Get Back Into Stocks?
Replies: 115
Views: 9251

Re: Too Late To Get Back Into Stocks?

I'm a fairly risk-averse conservative investor with $2.1M in investment assets at Vanguard. Before I sold equities, my AA was 60 Debt/35 Equities/5% Cash. I'm now at 75% S.T. debt/5% equities/20% cash. I don't want to stay this much on the sidelines any longer than necessary, but am very wary of in...