Search found 855 matches

by halfnine
Tue Jun 12, 2018 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement asset
Replies: 24
Views: 1615

Re: Home equity as part of retirement asset

My retirement plan is based on a 3.5% WR of net worth. If I own a home at retirement obviously home equity will be included as part of net worth but imputed rent will also be inclusive as an expense. This would make transitioning between home ownership and renting more seamless when looking at WR.
by halfnine
Sun Jun 10, 2018 2:55 pm
Forum: Investing - Theory, News & General
Topic: Harry Browne Permanent Portfolio Discussion (Cont'd)
Replies: 668
Views: 155039

Re: Harry Browne Permanent Portfolio Discussion (Cont'd)

....I certainly wouldn't go so far as to say backtesting is worthless; remember that all of the safe withdrawal rate research, for instance, is based on backtested data. But backtesting must be used with great caution..... I feel backtesting is quite worthless at predicting which of many good strat...
by halfnine
Sat Jun 09, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 12283

Re: Are you including SS in your planning model? Are the benefits really that high?

I have not used social security in any retirement planing model since I began modeling back in my 20s. Just today I tried an SSA calculator to estimate my benefits. I told it I would stop earning at 54 and entered my yearly earnings up to this year. I'm 44. The result was a monthly benefit of $1600...
by halfnine
Mon Jun 04, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: New House or invest
Replies: 21
Views: 2007

Re: New House or invest

At that age I wouldn't want more than 25% of my net worth tied into home equity.
by halfnine
Fri Jun 01, 2018 3:02 pm
Forum: Investing - Theory, News & General
Topic: Gold ETFs (IAU, GLD, SGOL) in a taxable account.....dividends and capital gains?
Replies: 12
Views: 1066

Re: Gold ETFs (IAU, GLD, SGOL) in a taxable account.....dividends and capital gains?

If one holds a gold ETF like IAU, GLD, or SGOL in a taxable account, I assume that these ETFs will not throw off capital gains or dividends that will be reported on a 1099 every year? The only taxable event will be upon the sale of the shares, correct? (unfortunately likely at the unfavorable "coll...
by halfnine
Thu May 31, 2018 3:18 pm
Forum: Investing - Theory, News & General
Topic: German Bonds: a virtually riskless bet for an Italian investor, with no downside and a big upside possible?
Replies: 92
Views: 6083

Re: German Bonds: a virtually riskless bet for an Italian investor, with no downside and a big upside possible?

If I was in Italy I would probably be willing to accept some currency risk to insure against country risk. I'd allocate some money physically outside of Italy. I'd own German bonds or term deposits for many or the reasons the OP has considered. But, I'd also own USD in short term US bonds to hedge c...
by halfnine
Sun May 27, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: If the US market cap was 5% instead of 52%, would the US vs International conversation change?
Replies: 40
Views: 3221

Re: If the US market cap was 5% instead of 52%, would the US vs International conversation change?

As far as I can tell home bias comes with extreme left tails and extreme right tails. As I don't really need either of them right now I am perfectly happy to be globally diversified.
by halfnine
Sun May 27, 2018 2:59 pm
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 166
Views: 14534

Re: Renting vs Owning Your Home

I'd state that in most cases renting vs owning an equivalent house can only be known in hindsight. Certainly owning a home as well as stocks/bonds diversifies one's exposure and eliminates having a concentrated risk in either real estate or stocks/bonds.
by halfnine
Fri May 18, 2018 11:59 am
Forum: Personal Consumer Issues
Topic: Renting storage unit
Replies: 24
Views: 2009

Re: Renting storage unit

Does anyone have experience with renting storage units? Does it become too expensive over time? Am wondering if it would be a good option for a family of 4 living in a small apartment and being tight on space (over renting a bigger place). It depends. When I spent years living in less than 350 sq f...
by halfnine
Thu May 17, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: How to think about schools/homes (Greatschools/Niche)
Replies: 70
Views: 5113

Re: How to think about schools/homes (Greatschools/Niche)

Personally, I would not consider diversity in itself relevant especially when it comes with segregation but I would certainly consider both diversity combined with integration relevant. While I have seen this achieved in both primary and tertiary education, I have not really seen this at the seconda...
by halfnine
Fri May 11, 2018 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Starting investment afresh in UK
Replies: 11
Views: 808

Re: Starting investment afresh in UK

In regards to US Social Security and the UK state pension. It looks like you have 10 qualifying years in the US so you would qualify for US Social Security. The US Social Security payment you will receive will likely already be near or larger than the UK state pension you would receive even with 35 ...
by halfnine
Tue May 08, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Open-ended question about vacationing in Yosemite or a different national park
Replies: 49
Views: 3415

Re: Open-ended question about vacationing in Yosemite or a different national park

Were you aiming for Rae Lakes? Yes. Started clockwise and reached the washed out bridge over South Fork Kings River @ Woods Creek. The log crossing was also washed away over the winter. Since I was by myself, I decided not to cross. Later that day while heading south, 2 hikers caught up with me. Th...
by halfnine
Mon May 07, 2018 3:28 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 9013

Re: Bucket List Adventures/Activities

dm200 wrote:
Mon May 07, 2018 1:44 pm
It is not for me, but I know folks who have hiked the whole Appalachian trail - several when in the 60's or 70's. There are even several month "preparation" groups/classes for those who want to do this.
See Grandma Gatewood
by halfnine
Mon May 07, 2018 3:26 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 9013

Re: Bucket List Adventures/Activities

SrGrumpy wrote:
Mon May 07, 2018 12:15 am
....
+1. I'd be interested to know people's bucket list failures - they've left it too late.
I always wanted to head over the Khyber Pass from Pakistan into Afghanistan then head up north to the rest of the 'stans. Not looking good right now.
by halfnine
Mon May 07, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 94
Views: 12562

Re: Retire Internationally for FIRE

Rick Ferri wrote:
Sun May 06, 2018 1:43 pm
Why go overseas? You can buy a used RV and travel extensively in the US, Canada and Mexico for the same money.
Why do that now? OP can do that when they're old.
by halfnine
Mon May 07, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Open-ended question about vacationing in Yosemite or a different national park
Replies: 49
Views: 3415

Re: Open-ended question about vacationing in Yosemite or a different national park

A couple months before going I used the book "Sequoia and Kings Canyon National Parks 64 must-do hikes for everyone" and the National Geographic topo/trail map to plan what I could with several contingencies depending on the snow line, trail conditions, water levels of creeks. I actually changed my...
by halfnine
Mon May 07, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Open-ended question about vacationing in Yosemite or a different national park
Replies: 49
Views: 3415

Re: Open-ended question about vacationing in Yosemite or a different national park

I think I've been to Yosemite every month of the year. For a first time visitor interested in photography I'd opt for May before Memorial Day. The crowds aren't as big yet and the water will be near its max for the year.
by halfnine
Fri May 04, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: Unprecedented Event
Replies: 67
Views: 9718

Re: Unprecedented Event

I have a 40% rule. No more than 40% of net worth in any asset class, country, currency or residency/citizenship. That's the rule. Not there yet, though. Okay I'll bite. How do you have less then 40% in any one citizenship. Mind you WHERE you residence does not matter. If you are U.S> citizen living...
by halfnine
Fri May 04, 2018 5:04 pm
Forum: Investing - Theory, News & General
Topic: Unprecedented Event
Replies: 67
Views: 9718

Re: Unprecedented Event

I have a 40% rule. No more than 40% of net worth in any asset class, country, currency or residency/citizenship. That's the rule. Not there yet, though.
by halfnine
Fri May 04, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 9013

Re: Bucket List Adventures/Activities

I'll add one that hasn't shown up yet....zero gravity
by halfnine
Fri May 04, 2018 4:31 pm
Forum: Personal Consumer Issues
Topic: Traveling to Asia-need advice
Replies: 46
Views: 4037

Re: Traveling to Asia-need advice

I'd advise him to skip Japan at this point. I have spent a few months traveling in Japan and it is definitely one of my favorite countries to travel in but it is best enjoyed when you have money. Most experiences in Japan do not come cheap. The possible exception being traveling and camping around ...
by halfnine
Fri May 04, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Budget for kid's sport?
Replies: 49
Views: 2628

Re: Budget for kid's sport?

But...for goodness sakes...what family can devote so much time and money to a child's hobby!?!?!? If you see your kid is crazy gifted - why not? They say McDavid's (https://www.nhl.com/player/connor-mcdavid-8478402) father was spending 120k+ annualy in his development Survivorship bias. For every k...
by halfnine
Wed Apr 25, 2018 5:41 pm
Forum: Personal Consumer Issues
Topic: Traveling to Asia-need advice
Replies: 46
Views: 4037

Re: Traveling to Asia-need advice

Take some Cipro for whenever he inevitably gets travelers diarrhea. I would avoid Cipro and everything in the fluoroquinolone family because of the connection to tendon ruptures. Actually, it's good that this came up, because Cipro is given out like candy in many parts of Asia. Many years ago I bou...
by halfnine
Wed Apr 25, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 16323

Re: BH travel tips?

The compass you have linked is not available on the REI site. Perhaps you meant this one ? Sorry for the confusion. The image of the compass I linked to looks nearly exactly to the one that I own. I was more trying to show that even a relative tiny compass bubble works adequately enough. I believe ...
by halfnine
Wed Apr 25, 2018 5:14 pm
Forum: Personal Consumer Issues
Topic: Traveling to Asia-need advice
Replies: 46
Views: 4037

Re: Traveling to Asia-need advice

My son is 21 and graduating in May from college. He's planning on traveling to China, Japan, Taiwan and maybe South Korea. He's planning to travel solo with a backpack and I assume hoping to stay at hostels. Does anybody have any advice or tips for such an adventure? I'd advise him to skip Japan at...
by halfnine
Wed Apr 25, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: Traveling to Asia-need advice
Replies: 46
Views: 4037

Re: Traveling to Asia-need advice

My late teens daughter spent 2017 summer travelling with a tour group of backpackers, mostly Australians and Brits all over the cheaper Far East (Vietnam, Thailand, Cambodia, Myanmar). She had a great time and I was not overly anxious because she was with a group of 18 to 30 year-olds. There are se...
by halfnine
Wed Apr 25, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: Traveling to Asia-need advice
Replies: 46
Views: 4037

Re: Traveling to Asia-need advice

Take some Cipro for whenever he inevitably gets travelers diarrhea. I would avoid Cipro and everything in the fluoroquinolone family because of the connection to tendon ruptures. Actually, it's good that this came up, because Cipro is given out like candy in many parts of Asia. Many years ago I bou...
by halfnine
Mon Apr 23, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 16323

Re: BH travel tips?

Button compass. Handy when arriving in crowded, unknown places so I can walk purposefully in the direction I know I want to go without looking like I just got off the boat. Also good for getting bearings when arriving below ground on the subway and to help figure out the right exit. I frequently wi...
by halfnine
Mon Apr 23, 2018 3:46 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 16323

Re: BH travel tips?

Like reading glasses and scissors you need one in every room and in every bag and in the car. If the compass in my bedroom points to the bathroom and the one in the bathroom points to the bedroom, I'll enter an infinite loop. Victoria Have you moved to a new apartment situated precisely at the magn...
by halfnine
Sun Apr 22, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 193
Views: 16323

Re: BH travel tips?

I'll start with a disclaimer that most of my travels are at least 1-2 months in length and sometimes quite a bit longer. And a good deal of travel takes me out of the developed world. That said. Country cheat sheet. I make a one page cheat sheet before I leave for each country I am heading to. It's ...
by halfnine
Thu Apr 12, 2018 4:18 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 40933

Re: Name something you bought that wasn't cheap and glad you did

The year off I took in my 20s.
The year off we took in our 30s.
The year off we took when our first child was born.
The year off we took when our second child was born.
by halfnine
Sat Apr 07, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 14259

Re: What is your AA, given your age? and, Why?

In our 40s

Stock: 40% (global)
Fixed Income: 30% (+/- 10%)(global)
Real Estate: 20% (+/- 10%)
Alternative: 10% (+/- 5%)
by halfnine
Mon Mar 26, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: Favorite vacations that don’t involve travel
Replies: 13
Views: 2149

Re: Favorite vacations that don’t involve travel

Well, if it's less than a month I am generally inclined not to travel or not to travel very far. Of course, I've benefited by living in great cities and have often had months to travel at a time.
by halfnine
Fri Mar 23, 2018 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Self-insuring for healthcare - how would you invest
Replies: 34
Views: 2675

Re: Self-insuring for healthcare - how would you invest

I'd look into foreign citizenship possibilities in a country with single payer healthcare. We spent about 30K for our family (about 6 years as well though). At this point I guess if I wanted to live in the US that would give me 970K for premiums and deductibles and if risk showed up it would be mean...
by halfnine
Wed Mar 21, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement plan
Replies: 59
Views: 4384

Re: Home equity as part of retirement plan

... 1) Use it - Will downsize ASAP and invest the difference 2) Use it - Will do a reverse mortgage or similar to consume the equity in retirement 3) Don't need it - Will probably downsize just because it's too much 4) Don't need it - Will stay put (house is not big / really like my house and I can...
by halfnine
Sun Mar 04, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: Emergency Medevac - costs and options
Replies: 35
Views: 3614

Re: Emergency Medevac - costs and options

....We therefore also add MedJetAssist. We use the annual policy although there is a "per trip" policy. This kicks in if you are admitted as an inpatient (not ER or Observation) at least 150 miles from home. Thus, the annual policy for us, as it then includes all trips (at least 150 miles) for busi...
by halfnine
Wed Feb 28, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: What age is too old to stop hostelling?
Replies: 54
Views: 5477

Re: What age is too old to stop hostelling?

It's more of an issue of choosing the right hostel. There are hostels that cater to the young, partying type but there also hostels that are more geared towards families. Generally, the further the hostel is away from the centre of the party the less of a party hostel it is. Online reviews should al...
by halfnine
Wed Feb 28, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: [Manuka honey]
Replies: 36
Views: 2934

Re: What UN-frugal thing do you do?

I was also curious about raw Australian Manuka Honey, MGO 820+ (NPA 20+) 8.8oz (250g), $39.95, https://www.amazon.com/dp/B01HYIT7PO/_encoding=UTF8?coliid=I2FN687HEKKLFY&colid=1LHCWAARMMAA3&th=1 . It's much cheaper than other brands with this MGO rating/size but it comes from Australia, not New Zeal...
by halfnine
Mon Feb 26, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 19015

Re: Defining "House Poor"

I view being house poor as not having enough assets to make your mortgage payments for a few years if the economy tanks, markets crash, and you lose your job. Thomas Stanley, author of the "Millionaire Next Door" books, took a similar direction when he defined whether someone could "easily afford" ...
by halfnine
Sun Feb 25, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 19015

Re: Defining "House Poor"

I view being house poor as not having enough assets to make your mortgage payments for a few years if the economy tanks, markets crash, and you lose your job. So for a renter, if the market crashed and he couldn't make many rent payments for years, he would be "renter poor"?! I'd consider him "asse...
by halfnine
Sat Feb 24, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 82
Views: 11064

Re: Do you rent even if you can afford to buy?

I rent hotel suites by the month, sometimes even only for a week or night depending on where I am- lol. My personal items are mostly in storage. I chose this for several reasons, I am retiring soon and don't know where I will move next when I stop working, I got tired of apartment living, moving ar...
by halfnine
Sat Feb 24, 2018 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 19015

Re: Defining "House Poor"

When buying a home I'd be comfortable with having up to 40% of my net worth tied up in home equity provided a minimum of 20% down payment was used. At a 20% down payment that would allow for a house of up to a maximum of 2x my net worth.
by halfnine
Sat Feb 24, 2018 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Do you rent even if you can afford to buy?
Replies: 82
Views: 11064

Re: Do you rent even if you can afford to buy?

... Even with a stable job, it is helpful to be mobile. We have turned down assignments in London, Singapore, Hong Kong, etc., in part because of the PITA that would have caused with our house..... This rings true. We've accepted similar opportunities because we rented and had a small footprint of ...
by halfnine
Fri Feb 23, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 19015

Re: Defining "House Poor"

I view being house poor as not having enough assets to make your mortgage payments for a few years if the economy tanks, markets crash, and you lose your job.
by halfnine
Fri Feb 23, 2018 5:46 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 60
Views: 9591

Re: "Bogleheads.org" by Kristine Hayes"

I don't mind the analogy to teaching one to fish but it appears at times that we then leave them without a fishing pole or a fishing permit. Or worse yet leave them at a fishing hole without any fish.
by halfnine
Fri Feb 23, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 60
Views: 9591

Re: "Bogleheads.org" by Kristine Hayes"

Chuck wrote:
Fri Feb 23, 2018 3:30 pm
There was a thread where the OP thought that OP meant "old person." Great fun.
That would be OAP (old age pensioner)
by halfnine
Fri Feb 23, 2018 7:11 am
Forum: Investing - Theory, News & General
Topic: Terminology question: what does "losing money" mean?
Replies: 71
Views: 3488

Re: Terminology question: what does "losing money" mean?

I'd be inclined to say that they all had nominal gains when priced in USD. The real gain/loss is going to be dependent on the individual's personal inflation and currency of expenses.
by halfnine
Fri Feb 23, 2018 6:20 am
Forum: Personal Consumer Issues
Topic: $20,000 question - Galapagos or Serengeti safari ?
Replies: 29
Views: 3923

Re: $20,000 question - Galapagos or Serengeti safari ?

Climbing Mt Kilimanjaro while you in the area is also a worthwhile add on if your family is so inclined. It's pretty much the easiest mountain at that elevation in the world. Having climbed Kilimanjaro and summited it myself in 2014, I do not agree with this. While Kilimanjaro is not a technical cl...
by halfnine
Thu Feb 22, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: $20,000 question - Galapagos or Serengeti safari ?
Replies: 29
Views: 3923

Re: $20,000 question - Galapagos or Serengeti safari ?

Climbing Mt Kilimanjaro while you in the area is also a worthwhile add on if your family is so inclined. It's pretty much the easiest mountain at that elevation in the world. Having climbed Kilimanjaro and summited it myself in 2014, I do not agree with this. While Kilimanjaro is not a technical cl...