Search found 2008 matches

by zaboomafoozarg
Fri Nov 15, 2019 11:49 pm
Forum: Investing - Theory, News & General
Topic: Is the FIRE Movement Responsible for this Historic Bull Market Run
Replies: 74
Views: 5337

Re: Is the FIRE Movement Responsible for this Historic Bull Market Run

zaboomafoozarg, It is the same for me since I started 30+ years ago. The working condition had not changed. But, somehow, the younger generation no longer thinks this is acceptable. KlangFool It's still quite rare though, even in younger people. In my whole career I've only met 1 other person who h...
by zaboomafoozarg
Fri Nov 15, 2019 4:41 pm
Forum: Investing - Theory, News & General
Topic: Letting retirement funds grow, without further contribution
Replies: 38
Views: 2103

Re: Letting retirement funds grow, without further contribution

This is a tactic some people use called CoastFI. They'll save/invest enough money to ensure their minimum desired level of retirement income. Then they typically switch to a job that they find more rewarding but pays less, and either partially or completely stop saving for retirement. Warning: if yo...
by zaboomafoozarg
Fri Nov 15, 2019 9:45 am
Forum: Investing - Theory, News & General
Topic: Is the FIRE Movement Responsible for this Historic Bull Market Run
Replies: 74
Views: 5337

Re: Is the FIRE Movement Responsible for this Historic Bull Market Run

2) A bigger and more interesting question is why the idea of FIRE looks appealing to the younger generation. It was not a popular idea of 10 to 20 years ago. It's popular to me because every job I've had since graduating 15 years ago has required me to work 60+ hour weeks for a large portion of the...
by zaboomafoozarg
Fri Nov 15, 2019 12:43 am
Forum: Investing - Theory, News & General
Topic: no bonds in roth?
Replies: 46
Views: 7653

Re: no bonds in roth?

I do a 75/25 asset allocation in all my accounts - 401k, IRA, Roth IRA, taxable.

Might not be ideal but it's easier to rebalance and good enough for me.
by zaboomafoozarg
Thu Nov 14, 2019 7:16 pm
Forum: Investing - Theory, News & General
Topic: New high income job - what about IRAs, etc
Replies: 8
Views: 1561

Re: New high income job - what about IRAs, etc

Mega Backdoor Roth IRA

If his 401k allows it, this can effectively take his Roth IRA limit from $0 to ~$35k.
by zaboomafoozarg
Sat Nov 02, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1091
Views: 308106

Re: Share your net worth progression

Mine's a lot less than it should be. - didn't take enough risks - didn't change jobs often enough - didn't move to a high-paying part of the US like SV - didn't join a FAANG company I think the only thing I have going for me is that I started investing relatively young, so time is on my side. Hopefu...
by zaboomafoozarg
Fri Nov 01, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12513

Re: Possible Layoff: Need Assurance That We Will Be Okay

If someone in the 0.08% of the richest people in the world is loosing sleep over their money... they have other issues besides finances (and we're not allowed to discuss personal medical items here), but perhaps you should talk to someone if the Bogleheads can't reassure you sufficiently. The more ...
by zaboomafoozarg
Sat Oct 19, 2019 9:15 pm
Forum: Investing - Theory, News & General
Topic: Investing for the "great sag" - Dalio
Replies: 65
Views: 10352

Re: Investing for the "great sag" - Dalio

Let's put a stake in the ground. Let's agree to "meet" here ten years from now and decide on whether Dalio was right or not. If not ten years, than after what period of time and why? 10 years sounds good, it'll be long enough to encompass basically an entire decade. Since it covers a decade, people...
by zaboomafoozarg
Sat Oct 19, 2019 11:36 am
Forum: Investing - Theory, News & General
Topic: Investing for the "great sag" - Dalio
Replies: 65
Views: 10352

Re: Investing for the "great sag" - Dalio

Seasonal wrote:
Fri Oct 18, 2019 2:46 pm
What's his track record on making macro-economic forecasts?

Is the "great sag" different from "secular stagnation" which some economists have been predicting for years?
I think the Great Stag sounds cooler than the Great Sag.
by zaboomafoozarg
Fri Oct 18, 2019 9:16 am
Forum: Personal Investments
Topic: Trad IRA & Mega Back Door Roth?
Replies: 17
Views: 1092

Re: Trad IRA & Mega Back Door Roth?

At age 37 should I get my head and hands wrapped around this now? Or is this more of a strategy that I would deploy when I get closer to retirement? It is definitely better to figure it out earlier rather than later. You're only able to do things like Mega Backdoor Roth IRA if you're working at an ...
by zaboomafoozarg
Sun Oct 13, 2019 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone want to share their monthly budget? Here's ours
Replies: 153
Views: 32088

Re: Anyone want to share their monthly budget? Here's ours

Clarice wrote:
Wed Oct 09, 2019 6:25 am
djpeteski wrote:
Mon Oct 01, 2018 1:29 pm
Thank you for being one of the few budgets that includes significant charitable giving. IMHO, this is a key part of wealth building.
How does giving wealth build wealth?
It builds somebody else's wealth :D
by zaboomafoozarg
Sun Oct 13, 2019 4:13 pm
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 8865

Re: highly compensated employee (HCE) Time bomb?

If you work at a company with a safe harbor 401k, this is a non-issue. Everywhere I've worked has had a safe harbor 401k so I figured they were common, but maybe not.
by zaboomafoozarg
Sat Oct 12, 2019 7:05 pm
Forum: Investing - Theory, News & General
Topic: A great example of single stock risk
Replies: 51
Views: 5523

Re: A great example of single stock risk

GTAT. People posted as they lost their life savings. Edit: deleted link, because apparently the Contrarian Investor forum is no more. Dunno whether that's a comment on Contrarian Investing. Here's a thread I posted here shortly after the GTAT bankruptcy happened. It had a few of the more noteworthy...
by zaboomafoozarg
Tue Sep 10, 2019 10:39 am
Forum: Investing - Theory, News & General
Topic: Rich people are hoarding cash
Replies: 153
Views: 23164

Re: Rich people are hoarding cash

Of the BH population that answered the survey, if you are 45 or older with $1M of investible assets, well... that puts you roughly in the top 15% of American households, but also in the bottom 15% of the BH group that answered this survey. That's what I was thinking - anything below $1M is poverty-...
by zaboomafoozarg
Mon Sep 02, 2019 4:27 pm
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 151
Views: 15346

Re: Best of Bogleheads - your #1 takeaway

My biggest takeaway when I found this forum:

I didn't care about money nearly as much as I should.
by zaboomafoozarg
Mon Aug 26, 2019 8:52 pm
Forum: Investing - Theory, News & General
Topic: Uncle Fred’s Second Coin – The Case for Leveraged Bonds
Replies: 126
Views: 7606

Re: Uncle Fred’s Second Coin – The Case for Leveraged Bonds

Horton wrote:
Mon Aug 26, 2019 2:41 pm
Leverage seems to be all the rage around here lately :?:
Haha I was thinking the same thing yesterday - it seemed that half of the first page of TN&G was about leveraging.
by zaboomafoozarg
Sat Aug 24, 2019 10:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2129428

Re: U.S. stocks in free fall

DecumulatorDoc wrote:
Sat Aug 24, 2019 9:55 am
Thanks to CULater for answering, I kinda get it now.
This thread has shown me how much weight I should place on hot takes posted by internet strangers about short-term market movements.

(almost zero)

It turns out that confidence about the near future does not imply accuracy about the near future.
by zaboomafoozarg
Tue Aug 13, 2019 9:52 pm
Forum: Investing - Theory, News & General
Topic: this time it's different
Replies: 92
Views: 10721

Re: this time it's different

I can tell you this. Things are getting worse and worse. Like my grandfather used to say - things get worse and worse, and then you die. Conditions don't seem great and I don't expect high returns for the remainder of my life, but I don't really know what else to invest in besides the normal stocks...
by zaboomafoozarg
Sun Jul 28, 2019 5:32 pm
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 19081

Re: Why Mr. Bogle prefers U.S stocks

pokebowl wrote:
Sun Jul 28, 2019 4:34 pm
I have to ask, was this thread started with the sole purpose to cause this community to scream over each other for 20+ pages? :|
Regardless, we all know that's what is going to happen :D

Perhaps the slogan "many roads to Dublin" will be updated to "many roads to New York".
by zaboomafoozarg
Sun Jul 28, 2019 2:23 pm
Forum: Investing - Theory, News & General
Topic: Why Mr. Bogle prefers U.S stocks
Replies: 241
Views: 19081

Re: Why Mr. Bogle prefers U.S stocks

My AA has always been around 30-40% international, but I'd have way more money if I was 100% US.

Not gonna change it though, I'm good with where I'm at.
by zaboomafoozarg
Sun Jul 28, 2019 9:12 am
Forum: Investing - Theory, News & General
Topic: Should Roth & Traditional accounts be invested similarly?
Replies: 16
Views: 1361

Re: Should Roth & Traditional accounts be invested similarly?

I use the same general asset allocation (75% stocks/25% bonds) in all my accounts - taxable, 401k, traditional IRA, and Roth IRA.

But since I tilt to small cap value stocks, in the IRAs I use small cap value US/international funds instead of total market funds.
by zaboomafoozarg
Sat Jul 13, 2019 9:43 pm
Forum: Investing - Theory, News & General
Topic: Americans believe they need $1.7 million, on average, to retire
Replies: 284
Views: 30536

Re: Americans believe they need $1.7 million, on average, to retire

scorcher31 wrote:
Sat Jul 13, 2019 12:24 pm
This isn't far off those polls we did on boggleheads back in the day.
I miss those polls, it was always fun to did through the responses.
by zaboomafoozarg
Sat Jul 13, 2019 9:04 am
Forum: Investing - Theory, News & General
Topic: Three problems with probability of ruin
Replies: 13
Views: 2205

Re: Three problems with probability of ruin

trueblueky wrote:
Fri Jul 12, 2019 9:12 am
how do people adjust psychologically if they spent their working years with a steady paycheck?
This is a benefit of saving until it hurts while you're working - then you're already used to the psychology of cutting back.
by zaboomafoozarg
Fri Jun 07, 2019 9:29 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13891

Re: 2% withdrawal rate

1.25%?!?!? You must be a high income earner who spends close to the poverty level. :shock: Income is probably not good by Bogleheads standards, but it is good for the Midwest US. And I spend weekends working on a side hustle that's recently started to pay off. Spending is not poverty level, but als...
by zaboomafoozarg
Tue Jun 04, 2019 9:03 pm
Forum: Investing - Theory, News & General
Topic: 2% withdrawal rate
Replies: 182
Views: 13891

Re: 2% withdrawal rate

2% is a perfectly fine withdrawal rate if one has the money to do it, and would rather be safe than spend all their money. I've always wanted to retire early but am going to force myself to work until 55. At that point I expect to have a 1.25% SWR. I don't need much, my nieces and nephews will get a...
by zaboomafoozarg
Tue Jun 04, 2019 8:16 pm
Forum: Investing - Theory, News & General
Topic: Why put money in a Tax deferred 401k if Taxes will be higher in the future?
Replies: 25
Views: 2300

Re: Why put money in a Tax deferred 401k if Taxes will be higher in the future?

This post could've also been:

"Why not put money in a Tax deferred 401k if Taxes will be lower in the future?"

Who knows what direction they are going to go? And how can a person take action on something they don't know will happen?

This is why I split traditional and Roth 50/50.
by zaboomafoozarg
Sun Jun 02, 2019 4:35 pm
Forum: Investing - Theory, News & General
Topic: Best free tools to evaluate current portfolio balance?
Replies: 9
Views: 702

Re: Best free tools to evaluate current portfolio balance?

Morningstar x-ray portfolio This has always been my go-to. A little annoying to fill in manually, but I only do it once or twice a year. I've also used the Personal Capital site, it's got a pretty good allocation analyzer and retirement finances planner. Just be warned that if you sign up, they wil...
by zaboomafoozarg
Fri May 10, 2019 12:15 pm
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 79
Views: 8826

Re: Any conservative young investors?

I started at 75/25 right out of college, and I'm still about 75/25 now. I might just stay here forever.
by zaboomafoozarg
Sat Apr 20, 2019 8:13 am
Forum: Investing - Theory, News & General
Topic: Vanguard kicking butt with Target Date Funds
Replies: 22
Views: 5722

Re: Vanguard kicking butt with Target Date Funds

I just switched the vast majority of my 401k to one, after getting tired of trying to slice and dice my way to a three-fund equivalent. I'll be honest, I've gotten pretty tired of slicing and dicing too. It's getting harder to find places to fit certain assets, and I don't think I really have the s...
by zaboomafoozarg
Fri Apr 12, 2019 10:11 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan expenses rising
Replies: 50
Views: 4825

Re: Thrift Savings Plan expenses rising

One basis point is significant? It's a 28% rise in costs!!! :o Instead of the fees taking .956% total over 30 years, they'd now take 1.193%. Probably not a huge deal. I know sarcasm never fully translates in type, so to just be clear, I was joking and having fun with it. For all intents and purpose...
by zaboomafoozarg
Fri Apr 12, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan expenses rising
Replies: 50
Views: 4825

Re: Thrift Savings Plan expenses rising

azanon wrote:
Fri Apr 12, 2019 9:21 am
cheezit wrote:
Fri Apr 12, 2019 8:32 am
One basis point is significant?
It's a 28% rise in costs!!! :o
Instead of the fees taking .956% total over 30 years, they'd now take 1.193%.

Probably not a huge deal.
by zaboomafoozarg
Tue Apr 09, 2019 9:47 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 335
Views: 60508

Re: Selling all equities, discuss why I'm wrong. :)

HEDGEFUNDIE wrote:
Tue Apr 09, 2019 9:46 pm
zaboomafoozarg wrote:
Tue Apr 09, 2019 9:45 pm
Calais wrote:
Tue Apr 09, 2019 1:12 pm
Also been on this forum less as this is not the place to discuss these 'investment' options
Market timing, leverage and other such strategies have been in vogue on this forum in the past few months.
You’re welcome.
I didn't say I was gonna start 3x leveraging my portfolio :D
by zaboomafoozarg
Tue Apr 09, 2019 9:45 pm
Forum: Investing - Theory, News & General
Topic: Selling all equities, discuss why I'm wrong. :)
Replies: 335
Views: 60508

Re: Selling all equities, discuss why I'm wrong. :)

Calais wrote:
Tue Apr 09, 2019 1:12 pm
Also been on this forum less as this is not the place to discuss these 'investment' options
Market timing, leverage and other such strategies have been in vogue on this forum in the past few months.
by zaboomafoozarg
Sun Apr 07, 2019 8:41 am
Forum: Investing - Theory, News & General
Topic: Valuation Informed Indexing
Replies: 37
Views: 2403

Re: Valuation Informed Indexing

We’re not exceptional investors. I suspect that there are lots of people who pay attention to relative asset class valuations and make periodic adjustments to their portfolios. I'll admit that valuation is partially what moved me from 66/33 US/international to 60/40 over the past few years. It wasn...
by zaboomafoozarg
Sat Apr 06, 2019 1:45 pm
Forum: Investing - Theory, News & General
Topic: 50%VPMAX+50%VBTLX > VWELX????? Why?
Replies: 8
Views: 817

Re: 50%VPMAX+50%VBTLX > VWELX????? Why?

No actually it is generally assumed they won't See this looong thread started by a heavy hitter here. https://www.bogleheads.org/forum/viewtopic.php?t=193665 I can maybe see that for non-Vanguard funds, but funds like VWELX and VBTLX have shown up in threads every day for well over a decade. Like I...
by zaboomafoozarg
Sat Apr 06, 2019 1:38 pm
Forum: Investing - Theory, News & General
Topic: 50%VPMAX+50%VBTLX > VWELX????? Why?
Replies: 8
Views: 817

Re: 50%VPMAX+50%VBTLX > VWELX????? Why?

UpperNwGuy wrote:
Sat Apr 06, 2019 11:49 am
What is VBTLX?
What is WWELX?
What is VPMAX?
VBTLX = total US bond
VWELX = Wellington
VPMAX = Primecap

It is generally assumed that people who post here will know what these symbols are, or know how to Google them.
by zaboomafoozarg
Sat Apr 06, 2019 8:36 am
Forum: Investing - Theory, News & General
Topic: Valuation Informed Indexing
Replies: 37
Views: 2403

Re: Valuation Informed Indexing

The guy behind passionsaving.com is notable only for his constant trolling of the Bogleheads board at Morningstar, leading to the creation of this properly moderated board. Shoot, I forgot all about hocus. The guy's posts are long and strange and often incoherent. And he takes disagreement very per...
by zaboomafoozarg
Sun Mar 31, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should i switch to new job?
Replies: 4
Views: 416

Re: Should i switch to new job?

Long and Grueling days working 80 to 100 hours per week including weekends for 40 to 44 weeks per year.
I'm pretty sure I would take a pay cut, let alone a pay raise, to get out of a situation like that.
by zaboomafoozarg
Sun Mar 24, 2019 12:10 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 817
Views: 100688

Re: That's enough for me in 2019

DanMahowny wrote:
Sun Mar 24, 2019 12:03 pm
TIPS will outperform stocks over the next 10 years.
We shall see... I've got the 2029-03-24 Google Calendar entry set up to check on this prediction :D
by zaboomafoozarg
Sun Mar 24, 2019 8:45 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 817
Views: 100688

Re: That's enough for me in 2019

2% real is reasonable, but not "conservative" in my view. I used 0%, and also stayed bonds=age. It means you have to save more. I don't think 0% real is realistic. No equity premium at all, for potentially 5 decades? Might as well buy all I Bonds or TIPS at that point, or just do real estate or som...
by zaboomafoozarg
Sun Mar 24, 2019 8:32 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 817
Views: 100688

Re: That's enough for me in 2019

How it will end is easy -- with a lot of people not having the secure retirements they had dreamed of and saved for their entire lives. My chief concern if for people now in their 20s and 30s. Ever since my late 20's I've been planning for 2% real returns in stocks for the remainder of my lifetime,...
by zaboomafoozarg
Thu Mar 21, 2019 9:10 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 13375

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

WhiteMaxima wrote:
Thu Mar 21, 2019 5:40 pm
Carless or worry-free retirement. Ride bike or bus.
I have considered ditching the car altogether, but my area's a little too spread out and the public transportation isn't good enough to get rid of it completely.
by zaboomafoozarg
Thu Mar 21, 2019 9:04 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 13375

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

Maybe the only car behind a Corolla on my list of cars is the Camry. Buying any of them is a loss, not a gain. Paying tens of thousands for something I would had daily for tens of years sounds like the terrible choice in life. Not if all you care about is getting from point A to point B safely, che...
by zaboomafoozarg
Thu Mar 21, 2019 8:59 pm
Forum: Investing - Theory, News & General
Topic: The $4,026,858.95 Car or a Worry-Free Retirement?
Replies: 245
Views: 13375

Re: The $4,026,858.95 Car or a Worry-Free Retirement?

I agree that luxury car purchase is a big factor in reducing the retirement readiness of many Americans. Whether luxury or buying too much suv than needed it is quite the financial burden. Agreed. Many people I work with have a BMW, Mercedes, Tesla or some other $50k+ vehicle of that caliber. This ...
by zaboomafoozarg
Sat Mar 16, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 817
Views: 100688

Re: That's enough for me in 2019

Market timing threads, so hot right now.
by zaboomafoozarg
Mon Feb 18, 2019 4:53 pm
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 974
Views: 76949

Re: My trend following strategy and experience

I'm seeing a lot of new posters in this thread and Hedgefundie's thread. Although these are interesting discussions for the veterans on Bogleheads, I do feel these threads are somewhat dangerous for new visitors. We need more disclaimers that one should really know what they are doing to move beyon...