Bogleheads.org

Everyone has already listed out a great set of advice - my additions are: - keep a growth mindset. Don’t fall into the trap of thinking you know everything that you need to. Always keep learning and striving to understand something new. As life goes on you build up mastery of some subjects, keep the...

In my particular case, DW likes to keep a lot of cash available for her comfort. Keep your wife comfortable. That what money is for. Oh, and don't forget: Why women are better at investing This. There are two of you involved and (in my opinion) people should invest with the risk profile of the most...

I keep our house in our net worth considerations as (during our accumulation stage), we’ve always wanted to make sure we were using the equity growth within the house to boost our overall performance. We’ve borrowed against the house to purchase rental property and stocks. We have been very comforta...

I struggled greatly with this one. I'm one of those guys that grinded out savings & invested monthly, kept my cost down and pretty much kept quiet about my financials. I think I qualify for one of those millionaire next door slots. However, I have one daughter that likes to spend, she's in her ...

While I love xkcd, thats a bit off. 2% doesn't seem like a lot, because it isn't a lot. Also 10 years is not enough time for compound interest to do much, to really see compounding you need 30+ years. And that’s it isn’t it. For most of my life people have looked at me very strangely when I’ve said...

It’s really interesting to hear people’s story, as others have said in this thread - life happens. I’ve had a very up and down approach to saving. When we married in our early 20s my wife and I agreed to save one income, as we wanted to have kids one day and at that time be able to have one of us wo...

Thanks you to the OP for investing the time to share a different way of approaching money with his colleague. I’m gen X (born mid 70s) and I remember very well at my first real job where the financial controller took me aside and said ‘welcome, now with your first pay check join the superannuation s...

I can’t see why you couldn’t leave the stress behind and switch to something which gives you a better lifestyle if you wanted to. You’ve described a household income of $315,000 per annum, so maybe this about $215,000 after taxes. You are saving $13,000 a month or $156,000 a year, so your spending i...

Bitcoin itself clearly has had value as a currency and exchange of value. It has been used for many years on the dark web and more recently to exchange value when sending money to developing nations. It's well beyond the proof of concept stage. It's also entirely possible that it will fall to nearl...

Blockchain is clearly a new technology with many uses in the long term, but who knows what if any of the current chains will be useful in the long run. Without a stable market it's very hard to call it anything other than a gamble. Like any gambling structure someone people have made a fortune, whil...

I'm in New Zealand and have the following weightings for equities: NZ: 20% Australia: 20% US: 30% Rest of world 30% I'm heavily focused on NZ and Australia due to tax advantages. We have no capital gains tax and so investing in our home market (including Australia) is quite favourable. Investing bey...

For asset tracking I use sharesight (Sharesight.com). This is basically a personal capital clone focused on the NZ market but also usable for other currencies. The first 10 holdings are free with a basic account so you never have to pay to track a three or four fund portfolio. For day to day expense...

A couple of years ago I was in a similar situation as the OP. On a career track, running with lots of stress, working many hours a week, but basically financially independent. Then about two years ago at age 42, I realised we had hit our goals and there was no longer a need to work for the money. Af...

Hi

Chiming in to also joint the NZ chapter. I’m based in Wellington.