Search found 198 matches

by Lancelot
Thu Feb 15, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: Morningstar's SWR study
Replies: 44
Views: 3411

Re: Morningstar's SWR study

Others have analyzed the data and found that for a global portfolio with no home country tilt, the SWR has been around 3.5%. However, Tyler at Portfolio Charts has outlined that there are some sound reasons for tilting one's portfolio toward one's home country, namely due to stock returns being ine...
by Lancelot
Thu Feb 15, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: Are ETFs Safe?
Replies: 11
Views: 835

Re: Are ETFs Safe?

I'm a creature of habit and mostly use plain old Vanguard mutual funds since I rarely trade. I did liquidate my Vanguard Health care (Managed) during the recent market run up and will DCA back into VHT, using limit orders, and enjoy a 27BP reduction in fees. Many Vanguard ETFs have much lower fees t...
by Lancelot
Sun Feb 11, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: How does one emotionally keep it together during market swings?
Replies: 70
Views: 4086

Re: How does one emotionally keep it together during market swings?

Just doesn't bother me; I think about the discounted dividend reinvestments I'm receiving when prices tank :sharebeer

Adjusting your portfolio allocation to your risk tolerance might help. We are all wired differently so know thyself :D
by Lancelot
Thu Feb 08, 2018 5:43 pm
Forum: Investing - Help with Personal Investments
Topic: 4% rule and early retirement?
Replies: 69
Views: 8219

Re: 4% rule and early retirement?

This guy presents an interesting concept: David Zolt authored an article in the Journal of Financial Planning titled “Achieving a Higher Safe Withdrawal Rate With the Target Percentage Adjustment” to address these questions. A 4% initial withdrawal with annual CPI increases thereafter has a 94% prob...
by Lancelot
Wed Feb 07, 2018 4:20 am
Forum: Investing - Help with Personal Investments
Topic: Retired or close to it -- what do you hold in bond portion?
Replies: 41
Views: 3973

Re: Retired or close to it -- what do you hold in bond portion?

Retired early and have been mostly 80 stocks/20 bonds. I took some profits from the recent markets highs, so I'm 75/25 now but will buy back to 80/20 when the next crash occurs.
by Lancelot
Wed Feb 07, 2018 4:12 am
Forum: Investing - Help with Personal Investments
Topic: [Vanguard Health Care Fund vs. Health Care ETF]
Replies: 4
Views: 333

Re: [Vanguard Health Care Fund vs. Health Care ETF]

Yes VHT is an index with more stocks and lower fees. I recently liquidated my VGHCX position and will buy the dips in to VHT
by Lancelot
Tue Feb 06, 2018 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Stay the course?
Replies: 65
Views: 7128

Re: Stay the course?

You still have a lot of time until retirement- stay the course. I know several people that bailed during the 2008 crisis and missed the huge market increases to the present :moneybag
by Lancelot
Thu Feb 01, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Frequent Flier Miles 101
Replies: 53
Views: 4524

Re: Frequent Flier Miles 101

The best returns are when you open a new credit card and receive 20 miles per dollar spent. (example: 60,000 AA miles after $3,000 minimum spend in three months) I learned a lot here: milevalue.com Or 60k AA miles with $0.5 spend on the Barclay Aadvantage Aviator Red card. :) Missed that one; just ...
by Lancelot
Tue Jan 30, 2018 9:06 pm
Forum: Personal Consumer Issues
Topic: Riverboat trip on the Danube next October
Replies: 16
Views: 1092

Re: Riverboat trip on the Danube next October

I'm jealous :sharebeer

Can't recommend a cruise line. I did a day trip cruise from Mannheim (I think) to Koblenz, then return on the bus. But that was 1973 :)

Beautiful scenary!
by Lancelot
Tue Jan 30, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Frequent Flier Miles 101
Replies: 53
Views: 4524

Re: Frequent Flier Miles 101

The best returns are when you open a new credit card and receive 20 miles per dollar spent. (example: 60,000 AA miles after $3,000 minimum spend in three months) I learned a lot here: milevalue.com
by Lancelot
Fri Jan 26, 2018 6:41 pm
Forum: Investing - Theory, News & General
Topic: Kitces article: A cash bucket in retirement? Nope
Replies: 150
Views: 11857

Re: Kitces article: A cash bucket in retirement? Nope

Tyler at Portfolio Charts had a great post on cash last year. He defined cash as T-bills. As you can see, while there are certainly a few times when cash lost money to inflation it actually provided a small return above inflation the vast majority of the time. And lest you think this is an isolated...
by Lancelot
Tue Jan 23, 2018 10:54 pm
Forum: Personal Consumer Issues
Topic: Article: 8 Frugal and Forgotten Ways Your Great-Grandparents Made It through Hard Times
Replies: 29
Views: 5086

Re: Article: 8 Frugal and Forgotten Ways Your Great-Grandparents Made It through Hard Times

I wish I was a lot more frugal than I am. I generally just buy something when I see something I want. I also go out to bars and restaurants with friends way too often (this is pretty bad). The two places I am pretty frugal is 1) I have a modest car and 2) I live in the same condo that I bought just...
by Lancelot
Tue Jan 23, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: Expat Living
Replies: 22
Views: 2484

Re: Expat Living

I've retired early and have lives outside the US since 2001. I lived in Thailand for 10 years but my epiphany came when my motorcycle was stolen, I had the thieves faces on a security video but the cops laughed at me. They didn't bother to check the crime scene and didn't even want to write a report...
by Lancelot
Tue Jan 23, 2018 6:35 pm
Forum: Personal Consumer Issues
Topic: Which tropical Island to Retire to ?
Replies: 61
Views: 5123

Re: Which tropical Island to Retire to ?

I know several mostly military vets that have retired to the Philippines. The reasons they cite is because there is an excellent VA hospital there for their healthcare needs and with their meager pensions, they can live a relatively extravagant lifestyle there complete with servants. But they almos...
by Lancelot
Tue Jan 23, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: Article: 8 Frugal and Forgotten Ways Your Great-Grandparents Made It through Hard Times
Replies: 29
Views: 5086

Re: Article: 8 Frugal and Forgotten Ways Your Great-Grandparents Made It through Hard Times

I wish I was a lot more frugal than I am. I generally just buy something when I see something I want. I also go out to bars and restaurants with friends way too often (this is pretty bad). The two places I am pretty frugal is 1) I have a modest car and 2) I live in the same condo that I bought just...
by Lancelot
Wed Jan 17, 2018 8:09 pm
Forum: Investing - Theory, News & General
Topic: Chairman William McNabb interviewed on Bloomberg
Replies: 1
Views: 273

Re: Chairman William McNabb interviewed on Bloomberg

^Great video, thanks for sharing! I also watched the next video where McNabb opines on passive indexing. Go Vanguard!
by Lancelot
Wed Jan 17, 2018 1:21 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 197
Views: 14354

Re: Stats on When People Take Social Security

Article this past week somewhere, Whether one takes early or late SS, the money received is nearly the same, IF one lives to the actuarial age. If you live longer than that you are ahead with delayed SS. If you live less than, you are better off taking early SS. One of my favorite pass-times on Sun...
by Lancelot
Tue Jan 16, 2018 8:34 pm
Forum: Local Chapters and Bogleheads Community
Topic: Singapore Local Chapter Established
Replies: 24
Views: 5187

Re: Singapore?

Hi W4rd, I'm a Singaporean. Its a pity that i only stumble into this forum recently. Our financial landscape is indeed challenging, i believe we should stick together and work out a best possible option that are in accordance to the Bogleheads's philosophy. :sharebeer I've been to your city/state s...
by Lancelot
Tue Jan 16, 2018 8:30 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20110

Re: Anyone disenchanted with retirement?

Retired late 2002; been traveling ever since :sharebeer Do you keep a house in the U.S.? Sold the house around 2002. I'm considering leasing an apartment in the US in the not too distant future and splitting my time between the US and other countries. I've also thought about living on cruise ships ...
by Lancelot
Tue Jan 16, 2018 8:07 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20110

Re: Anyone disenchanted with retirement?

Retired late 2002; been traveling ever since :sharebeer Do you keep a house in the U.S.? Sold the house around 2002. I'm considering leasing an apartment in the US in the not too distant future and splitting my time between the US and other countries. I've also thought about living on cruise ships ...
by Lancelot
Mon Jan 15, 2018 11:45 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20110

Re: Anyone disenchanted with retirement?

Retired late 2002; been traveling ever since :sharebeer
by Lancelot
Mon Jan 15, 2018 11:33 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Millionaire Study
Replies: 59
Views: 10684

Re: Dave Ramsey's Millionaire Study

. (My late mom, decades ago, once wrote to the President in opposition to something the President was doing; got a lovely personal letter on White House letter head with genuine autopen signature thanking her for her support; and shortly afterwards the President gave a speech saying that his letter...
by Lancelot
Fri Jan 12, 2018 2:39 am
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??
Replies: 70
Views: 5712

Re: 100% VTSAX??

The 100% stock threads have returned. The dark clouds gather at the horizon. Time to go all cash. * * Kidding, just hoping to cancel out the jinx of this 100% stock thread. Around 1999- 2000, I remember reading articles suggesting even 80 something grandmothers were 100% in equity index funds. Whil...
by Lancelot
Fri Jan 12, 2018 2:33 am
Forum: Investing - Help with Personal Investments
Topic: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??
Replies: 70
Views: 5712

Re: 100% VTSAX (Vanguard Total Stock Mkt Idx Adm)??

If your portfolio is 100% stocks and you're over 50 years old, I suggest you watch this PBS Frontline special from 2013: https://www.youtube.com/watch?v=A3htnbwFgoM I've watched that video several times. Interesting. On the otther hand, Mark Cuban quips "Diversification is for idiots." Entrepreneur...
by Lancelot
Tue Jan 09, 2018 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Lowball offer on a home
Replies: 82
Views: 7071

Re: Lowball offer on a home

I've made some very low ball offers; some times the seller doesn't respond and some times they do. If they respond, then you know they are at least open to negotiation (depending on the counter offer.) Of course low ball offers are not very successful during sellers markets or in a particularly hot ...
by Lancelot
Wed Jan 03, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 12 month CD now 2.00%
Replies: 64
Views: 12812

Re: Ally Bank 12 month CD now 2.00%

Thanks to the OP; I'm a new Ally CD customer :D
by Lancelot
Mon Dec 25, 2017 2:24 am
Forum: Investing - Theory, News & General
Topic: Buying Real Silver and Gold (Not Bitcoin)
Replies: 201
Views: 17773

Re: Buying Real Silver and Gold (Not Bitcoin)

I've never been a gold bug but Asians are really in to it. Yarrowat street in Bangkok is full of gold shops and its interesting to stroll past the displays.
by Lancelot
Mon Dec 25, 2017 2:13 am
Forum: Investing - Theory, News & General
Topic: Do any of you follow Bob Brinker?
Replies: 64
Views: 6745

Re: Do any of you follow Bob Brinker?

I used to listen to him back in the day. AM radio. Man, times have changed :)
by Lancelot
Mon Dec 25, 2017 2:05 am
Forum: Investing - Theory, News & General
Topic: Will you take this Fidelity bait ?
Replies: 126
Views: 13574

Re: Will you take this Fidelity bait ?

I began investing with Fidelity, then moved to VG. Six years ago I moved a modest $20k to Fido for about 20k Delta FF miles. I was really after Fido's ATM rebate Dr card, because I'm usually abroad and want to avoid fees. Investing with Fido again, I've noticed that their ERs are very competitive wi...
by Lancelot
Sun Dec 17, 2017 2:04 am
Forum: Investing - Theory, News & General
Topic: Am I wrong in thinking about the bull this way?
Replies: 12
Views: 2253

Re: Am I wrong in thinking about the bull this way?

William J O'Neil, Investor Business Daily, opined that investors make "The big money" when the market tanks and they remain invested. That assumes that folks continue to invest in the market, snapping u those depressed shares.

Of course an 80 year old might not be as thrilled :)
by Lancelot
Tue Dec 12, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 41
Views: 2990

Re: Early Retirement - Lump Sum vs. Annuity

Based on that I’d take the lump, role to an IRA with the idea that it isn’t touched until can do Roth conversions to fill tax brackets. Otherwise RMD. Gives you a longer time horizon that you can be more aggressive and have a good chance of beating the underlying rate assumption. Pretty much what I...
by Lancelot
Tue Dec 12, 2017 2:58 am
Forum: Investing - Help with Personal Investments
Topic: Early Retirement - Lump Sum vs. Annuity
Replies: 41
Views: 2990

Re: Early Retirement - Lump Sum vs. Annuity

I guess we are all guilty of not seeing the elephant in the room: the 1 million payout will be taxed in the year you receive it. Another consideration is that a stable income source may allow to increase withdrawal rate from the rest of the capital. Of course, if the equivalent capital for the pens...
by Lancelot
Tue Dec 12, 2017 2:21 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2017 Tax Software $9.95 , State $14.95
Replies: 55
Views: 8707

Re: H&R Block 2017 Tax Software $9.95 , State $14.95

Thanks OP for sharing!

On January 2017 Deluxe was offered at $54.99; $9.95 is quite a savings!
by Lancelot
Fri Dec 08, 2017 11:30 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 17318

Re: Save all this money, what do you splurge on?

The most precious thing in life after you have the money is time. You get to spend your time doing whatever you want. I probably go around the country and the world trying out all the nice coffee, tea, and food. I'm with KF, I love having my time to myself. Having said that, some of my bucket list ...
by Lancelot
Tue Nov 28, 2017 1:28 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 11665

Re: Didn't buy Bitcoin at $4600

I was sitting in a cafe a couple of months ago, I didn't buy Bitcoin when it was $4600 per Bitcoin. I even had my bank info authenticated the few days prior. I think my PC battery died and I went to the gym instead. I don't really need the money, but I'd be lying if I said I don't feel a twinge of ...
by Lancelot
Mon Nov 27, 2017 11:38 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 89
Views: 12397

Re: Charles Schwab Experiences?

I use Schwab as my bank for paying bills and cash with reimbursed ATM fees. Great customer service!
by Lancelot
Mon Nov 27, 2017 11:17 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

There could be a tax advantage if you delayed. You could withdraw more from your tax-deferred assets prior to SS (up to the 25% bracket) and put that money away in taxable; and your RMD would be less when you reach that age. Excel can calculate the options. TravelforFun Yes, I have been doing exact...
by Lancelot
Mon Nov 27, 2017 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

When you buy Insurance, do you calculate a break-even for payout of same ? https://youtu.be/aypdW_EUXOs Enjoyed the video, thanks for sharing! Per the video, "Less than 2% of Americans wait to take SS at age 70." From a contrarian point of view that could be a reason to consider delaying SS :shareb...
by Lancelot
Fri Nov 24, 2017 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9851

Re: Regrets for taking SS at 62 or waiting?

tadamsmar wrote:
Fri Nov 24, 2017 3:43 pm
Delaying ss is equivalent to investing in an inflation adjusted annuity.
I agree and equate delaying SS as an investment :)
by Lancelot
Fri Nov 24, 2017 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

^ Well you have put some thought in to it, so go for it. There is no one perfect answer for all SS recipients. We are fortunate to have a choice on when to start benefits.
by Lancelot
Fri Nov 24, 2017 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

Never have thought much about taking SS at 62, but my FRA is 67 not 65, thought even less about taking it at 70. What's wrong with taking it at FRA? Does everything have to be an extreme, either 62 or 70? Nothing at all. Most of us are in the FRA cohorts of 66 and 67. Since you are in the 67 bracke...
by Lancelot
Fri Nov 24, 2017 2:44 am
Forum: Investing - Theory, News & General
Topic: Why does everyone keep increasing their international stock %?
Replies: 101
Views: 9522

Re: Why does everyone keep increasing their international stock %?

Subjective, but having lived abroad for some time I still keep the majority of my investments in the US market. First world countries are OK but third world aren't the most transparent (yes, that's where the growth is.)

Having said that, I do have a position in Vanguard Emerging Markets :)
by Lancelot
Fri Nov 24, 2017 2:35 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

Never have thought much about taking SS at 62, but my FRA is 67 not 65, thought even less about taking it at 70. What's wrong with taking it at FRA? Does everything have to be an extreme, either 62 or 70? Nothing at all. Most of us are in the FRA cohorts of 66 and 67. Since you are in the 67 bracke...
by Lancelot
Fri Nov 24, 2017 2:16 am
Forum: Personal Finance (Not Investing)
Topic: Regrets for taking SS at 62 or waiting?
Replies: 100
Views: 9851

Re: Regrets for taking SS at 62 or waiting?

I retired at age 54 with a reduced pension and a bridge to social security at 62. When I hit 62 I applied for social security because I was not in good health, had already had a bout with cancer, and both parents died in their early 60s. Also I was single so no spousal benefit. I had enough money s...
by Lancelot
Wed Nov 22, 2017 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

freebeer wrote:
Wed Nov 22, 2017 2:41 pm

Delaying SS is simply the cheapest longevity insurance money can buy. But for most of us some longevity insurance (and inflation hedge) makes delaying a no brainer.
Succinct and to the point. Some of us view SS as income insurance.
by Lancelot
Wed Nov 22, 2017 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

Also SS uses a unisex table, that has the effect of under compensating women. [/u][/b] No, you have it backwards. The use of unisex life expectancy tables, all other factors being equal, OVER compansates women. Assuming men and women have the identical wage and salary income on which SS taxes are p...
by Lancelot
Wed Nov 22, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

What if you live to 95? Indeed. Medical science is improving the odds that I will live to a ripe old age, so I am delaying until at least age 66, then reevaluate annually. SS is the best income annuity for me. For the entire cohort SS is actuarially neutral; on an individual basis its not. But then...
by Lancelot
Tue Nov 21, 2017 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 334
Views: 27944

Re: Why not take Social Security at 62

What if you live to 95? Indeed. Medical science is improving the odds that I will live to a ripe old age, so I am delaying until at least age 66, then reevaluate annually. SS is the best income annuity for me. For the entire cohort SS is actuarially neutral; on an individual basis its not. But then...
by Lancelot
Tue Nov 21, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 15010

Re: Dave Ramsey says don't use credit cards, even if you pay them off

What DRIVES ME NUTs about his credit card advice is he says over and over "No one has gotten wealthy with credit card points / rewards". He misses the point when people call and ask him about this. They aren't asking if CCs will make you wealthy. They ask if it is okay to pay off the CCs monthly an...
by Lancelot
Tue Nov 21, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 15010

Re: Dave Ramsey says don't use credit cards, even if you pay them off

What DRIVES ME NUTs about his credit card advice is he says over and over "No one has gotten wealthy with credit card points / rewards". He misses the point when people call and ask him about this. They aren't asking if CCs will make you wealthy. They ask if it is okay to pay off the CCs monthly an...