Search found 158 matches

by Case59
Mon Mar 30, 2020 9:58 pm
Forum: Investing - Theory, News & General
Topic: Is Kostohryz right?
Replies: 30
Views: 2165

Re: Another massive decline is coming - Sounds logical or ‘nobody knows nothing’ ?

I go with "nobody knows nothing." It has served me well.
by Case59
Tue Mar 10, 2020 5:30 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 326
Views: 50265

Re: Anyone disenchanted with retirement?

andypanda wrote:
Tue Mar 10, 2020 4:21 pm
I've been retired since 2012.

I've never met anyone who is disenchanted with retirement. I suppose I don't hang with the right crowd. :sharebeer
I ditto this totally. And I retired in 2012 also. :sharebeer
by Case59
Mon Mar 02, 2020 7:25 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5231
Views: 1330210

Re: What Movie Have You Recently Watched?

If you like off-beat documentaries, check out "Fantastic Fungi." Beautifully photographed, roughly the first two-thirds is a typical nature documentary about the neat world of the fungus (like the fact that they form something akin to a neural network underground). Then the last third veers sharply ...
by Case59
Sun Mar 01, 2020 11:07 am
Forum: Investing - Theory, News & General
Topic: The Dark Side of "Stay the Course"
Replies: 202
Views: 16126

Re: The Dark Side of "Stay the Course"

One of the best things I ever read on the failure of market timing is this piece by Mark Hulbert. The key is that while it may seem easy to know when to leave the market, it's hard to know when to get back in. And if you miss even a few of the best days of the rebound you've impaired your returns fo...
by Case59
Sun Mar 01, 2020 10:32 am
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 359
Views: 23133

Re: [Why aren't forum members following the "Stay the course" approach?]

The Boglehead philosophy isn't so much rules as it is....guidelines. Bogle himself (1) was fine with low-cost active management, (2) timed the market at least once, (3) and once recommended a 5% allocation to gold for an endowment fund. We seem to have many here who are more Boglehead than Bogle wa...
by Case59
Sat Feb 22, 2020 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of RMD's
Replies: 10
Views: 1165

Re: Taxation of RMD's

In other words, if SS by itself tips into the 12% bracket, then the RMD’s will just be taxed at 12% until the total hits the next bracket (which is unlikely under current brackets)? Yes. But...sometimes it is not as simple as that. Right now, some or all of your qualified dividends and long term ca...
by Case59
Sat Feb 22, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of RMD's
Replies: 10
Views: 1165

Re: Taxation of RMD's

DW and I are retired, me late 60’s and DW a few years younger. Our only ordinary income is SS, taxed at 85%. No pension. We primarily live on dividends, capital gains distributions, and tax-exempt interest in a taxable account. I’ve never really understood the relationship between ordinary income b...
by Case59
Sat Feb 22, 2020 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Taxation of RMD's
Replies: 10
Views: 1165

Taxation of RMD's

DW and I are retired, me late 60’s and DW a few years younger. Our only ordinary income is SS, taxed at 85%. No pension. We primarily live on dividends, capital gains distributions, and tax-exempt interest in a taxable account. I’ve never really understood the relationship between ordinary income br...
by Case59
Wed Feb 19, 2020 11:22 pm
Forum: Personal Investments
Topic: Can someone help me understand Medicare A and B
Replies: 11
Views: 731

Re: Can someone help me understand Medicare A and B

I would highly recommend the book "Medicare for Dummies" despite the title. Be sure you are looking at the most current edition if you get it at a library or a used copy. I ditto this. Medicare for Dummies saved my sanity when I joined Medicare two years ago. As Watty notes, just be careful to get ...
by Case59
Wed Feb 12, 2020 8:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 4480
Views: 398426

Re: U.S. stocks continue to soar!

Stinky wrote:
Thu Feb 06, 2020 10:55 pm
TheDDC wrote:
Thu Feb 06, 2020 9:59 pm
This thread has devolved into useless images again. So who's got the scoop for tomorrow?

-TheDDC
Futures are down a little bit at this hour.

So stocks will be down tomorrow. Or they may be up. Or possibly even flat. It just depends.
Often they go up. Except when they go down.
by Case59
Wed Jan 29, 2020 5:15 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4325
Views: 1243346

Re: What Book Are You Currently Reading? Part VI

I Am Dynamite: A Life Of Nietzsche, by Sue Prideaux. Good biography of this famously strange, brilliant man.
by Case59
Mon Jan 13, 2020 6:47 pm
Forum: Personal Consumer Issues
Topic: Magic Kingdom for a day or fun resort / hotel?
Replies: 56
Views: 4022

Re: Magic Kingdom for a day or fun resort / hotel?

At that age, they won't really remember the experience anyway. A hotel pool with a water slide will be as exciting as anything, for them.
by Case59
Mon Jan 13, 2020 6:40 pm
Forum: Personal Investments
Topic: Periodic Withdrawals
Replies: 12
Views: 742

Re: Periodic Withdrawals

We mostly try to stay within dividends/interest, then at the end of year add cash as necessary to keep our cash at roughly a year's worth of expenses. Not an emergency fund exactly, more just mental bucketing/peace of mind.
by Case59
Wed Jan 01, 2020 10:25 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2811
Views: 512906

Re: What are you up YTD? [Year To Date]

Retired, 75/25 stocks/bonds. Total return approximately 21%, less about 3% in withdrawals.
:sharebeer
by Case59
Mon Dec 23, 2019 9:30 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5231
Views: 1330210

Re: What Movie Have You Recently Watched?

Jumanji 2--lots of fun, especially if you liked the first one.
Rise of Skywalker--a between-the-lines take but one that's emotionally satisfying at the end.
The Two Popes--Stellar acting overcomes a rather static script.
by Case59
Mon Dec 23, 2019 5:48 pm
Forum: Investing - Theory, News & General
Topic: What is the rationale for cash in your portfolio?
Replies: 130
Views: 9590

Re: What is the rationale for cash in your portfolio?

I keep roughly a year's worth of expenses in cash (or near equivalents), not so much as an emergency fund--more peace of mind/mental bucketing.
by Case59
Sun Dec 22, 2019 9:49 pm
Forum: Personal Investments
Topic: Best first index investing book recommendation?
Replies: 35
Views: 1845

Re: Best first index investing book recommendation?

I agree with the many above posts that Taylor's book, Bogleheads Guide, is number one. For additional reading I'd add Bernstein's Four Pillars and Malkiel's Random Walk.

:sharebeer
by Case59
Mon Dec 16, 2019 11:06 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5231
Views: 1330210

Re: What Movie Have You Recently Watched?

Parasite.

Wow. Just .... wow.
by Case59
Tue Dec 10, 2019 8:33 pm
Forum: Investing - Theory, News & General
Topic: Do you strictly manage your portfolio percentages of stocks and bonds?
Replies: 64
Views: 4740

Re: Do you strictly manage your portfolio percentages of stocks and bonds?

Investors in their 50-60's require bonds in their portfolios. No investment book would not include this principle READ the literature-rebalancing does improve long term results Here's a very basic test, using portfoliovisualizer.com. An allocation of 60/40 US stock/intermediate term Treasury. For 1...
by Case59
Sun Dec 08, 2019 9:26 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5231
Views: 1330210

Re: What Movie Have You Recently Watched?

I don't see a lot of movies in the theatre, but three favs from the last year: 1. Linda Ronstadt documentary--It's not a great documentary in itself, being very chronological: "And then and then and then." But her voice sweeps all away before her. 2. Knives Out--Fun, smart, old-style whodunnit set i...
by Case59
Wed Dec 04, 2019 10:21 pm
Forum: Investing - Theory, News & General
Topic: Favorite stock(s) and why
Replies: 131
Views: 8224

Re: Favorite stock(s) and why

.65% of my portfolio is in Google and BKR-B--legacy stocks from the time when I had a stock account, before moving into index funds. I hung onto these two thinking they would be good for the long-term, which has been largely true (not counting the occasional Kraft-Heinz deal).
by Case59
Fri Nov 15, 2019 7:25 pm
Forum: Personal Consumer Issues
Topic: Best thing you have ever bought?
Replies: 151
Views: 13893

Re: Best thing you have ever bought?

The drink I bought this woman I met in a bar about 18 years ago, and who has now been my wife of 15 years. (Number 2 on the list would be her engagement ring).
by Case59
Tue Oct 29, 2019 12:02 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1766
Views: 197898

Re: [What TV Show Have You Recently Watched?]

The Great British Baking Show, on Netflix. Most fun I've had watching TV in a long, long time. Learned a few things, too.
by Case59
Fri Oct 04, 2019 12:18 am
Forum: Personal Finance (Not Investing)
Topic: Will or trust question
Replies: 18
Views: 1723

Re: Will or trust question

You need to consult a local attorney. Period. There is nothing particularly wrong with any of the responses to your postings, but everyone is guessing at what is going on. A sit-down with a local attorney who can ask a few clarifying questions will sort it out quickly, and wouldn't cost all that much.
by Case59
Wed Sep 25, 2019 7:16 pm
Forum: Investing - Theory, News & General
Topic: The Zeno's Paradox of investing: the buy-and-hold arrow that flies without moving
Replies: 31
Views: 3124

Re: The Zeno's Paradox of investing: the buy-and-hold arrow that flies without moving

This Thread reminds me of a W.H. Auden poem: {Apologies if this is too off-topic} Time will say nothing but I told you so. Time only knows the price we have to pay; If I could tell you I would let you know. … The winds must come from somewhere when they blow, There must be reasons why the leaves dec...
by Case59
Mon Sep 16, 2019 4:56 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads, how are your three fund portfolios doing?
Replies: 45
Views: 5100

Re: Bogleheads, how are your three fund portfolios doing?

I don't have precisely the three-fund portfolio, but I have a five-fund portfolio that generally follows BH principles. I first invested with Vanguard on January 1, 2013. If you look at my personal performance as of today, it's pretty good. If you looked at it as of December 24, 2018, not so good. W...
by Case59
Fri Jul 26, 2019 8:14 pm
Forum: Personal Consumer Issues
Topic: Grey Market Watches
Replies: 18
Views: 2686

Re: Grey Market Watches

OP: from the prices you mentioned, I assume you were looking at either a Speedmaster or a Seamaster. As NativeTXN said, Omegas are almost always discounted from the list price, even by authorized dealers. Indeed, if you were at Borsheims (the Berkshire Hathaway jewelry store that's always a mainstay...
by Case59
Mon Jul 08, 2019 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Going to law school question
Replies: 55
Views: 3953

Re: Going to law school question

I'm a retired attorney. Just to make sure you're clear, and I don't believe this point has been made above, passing the bar in a state entitles you to practice only in that state. You said you won't "really" be practicing, but depending on what you are "really" doing, you would have to be careful no...
by Case59
Sat Jul 06, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: No more print Mad magazine
Replies: 31
Views: 2666

Re: No more print Mad magazine

MAD seemed subversive to a ten year old in the 60's, but it was pretty tame stuff. I have fond memories but don't feel too much sadness about it's passing, especially since I wasn't aware it was still being published. My fav was Don Martin. He was a truly strange cartoonist, and a quiet, nice family...
by Case59
Fri Jun 28, 2019 5:23 pm
Forum: Personal Consumer Issues
Topic: trip to Greece (Athens and vicinity)
Replies: 21
Views: 1850

Re: trip to Greece (Athens and vicinity)

That's a lot of time in Athens. There's not a lot to do other than the Acropolis, the National Museum, and the Plaka, and it's not a terribly nice city just to hang out in. I would ditto the suggestion to put the Athens time at the end of the trip and then limit it to a couple of days. Then use the ...
by Case59
Thu May 09, 2019 2:02 pm
Forum: Investing - Theory, News & General
Topic: Reversion to the Mean Is Dead?
Replies: 63
Views: 7594

Re: Reversion to the Mean Is Dead?

Reversion to the mean is always there, mandated by rather simple mathematics. It is not uncommon for people to misunderstand it, though. Which mean is being reverted to? Please run through the rather simple mathematics. If you have a random number generator with a certain mean, eventually the avera...
by Case59
Wed Apr 24, 2019 6:02 pm
Forum: Forum Issues and Administration
Topic: Two pet peeves: Signatures and quoting pages of text
Replies: 20
Views: 2528

Re: Two pet peeves: Signatures and quoting pages of text

So what can I say? I like my signature line. I do often turn off on the nested quotes, because (a) they get harder and harder to follow, and (b) they are either (1) drilling down to granular arguments of financial arcana, or (b) getting into the food fight area (though I think the mods do a good job...
by Case59
Mon Apr 22, 2019 8:44 pm
Forum: Investing - Theory, News & General
Topic: The Fundamental Axioms / Laws / Principles of Investing
Replies: 30
Views: 1888

Re: The Fundamental Axioms / Laws / Principles of Investing

Buy less house than you can afford. (Yes, a subset of LBYM, but perhaps the most critical subset).
by Case59
Sun Apr 14, 2019 9:28 pm
Forum: Investing - Theory, News & General
Topic: ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")
Replies: 60
Views: 9307

ETFs vs. Mutual Funds ("Bogleheads Mentioned in the NYT")

Do they still make grape bricks? Where can one buy them?

Asking for a friend.
by Case59
Mon Apr 01, 2019 8:17 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4325
Views: 1243346

Re: What Book Are You Currently Reading? Part VI

Just finished Bad Blood, by John Carreyrou, the story of Elizabeth Holmes and Theranos. Outstanding read, I could barely put it down. I read it a few months ago, finishing in a couple of days. Yes, an outstanding read, and one that outraged me about the lives put at risk by a "technology" that didn...
by Case59
Sun Mar 31, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Best Book to Understand Shakespeare?
Replies: 16
Views: 1274

Re: Best Book to Understand Shakespeare?

Mark Van Doren's Shakespeare (1939) is a classic. Very readable essays, not too heavy on the scholarship. Van Doren was a Pulitzer Prize-winning poet and long-time professor of English at Columbia. It's available in a New York Review of Books Classics reissue.
by Case59
Sat Mar 30, 2019 8:45 pm
Forum: Investing - Theory, News & General
Topic: Robert Shiller: "Was the Stock-Market Boom Predictable?"
Replies: 65
Views: 4553

Re: Robert Shiller: "Was the Stock-Market Boom Predictable?"

I read MarketWatch a lot. It is so reassuring on the "nobody knows nothing" point to see virtually every day 50% of the headlines screaming about the coming market crash, and 50% explaining why the market will go up.
by Case59
Thu Mar 28, 2019 10:21 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4325
Views: 1243346

Re: What Book Are You Currently Reading? Part VI

The Trial of Lizzie Borden, by Cara Robertson. The Trial of the Century for the 1800's. and as fascinating as ever today.
by Case59
Wed Mar 13, 2019 7:40 pm
Forum: Forum Issues and Administration
Topic: Dumb question but it's been bugging me [What do the the topic icons mean?]
Replies: 12
Views: 3038

Dumb question but it's been bugging me [What do the the topic icons mean?]

In the Investment Theory forum, and perhaps some of the others, the topic symbols are mostly a circle with text, but a few are a circle with something that looks like a flame. What does the latter represent?

Thanks.
by Case59
Thu Feb 28, 2019 6:33 pm
Forum: Personal Consumer Issues
Topic: How do YOU make coffee?
Replies: 266
Views: 17079

Re: How do YOU make coffee?

Generic B&D 5 cup pot. Mixture of Costco/Kirkland Columbian with Starbucks dark roast, 2:1.
by Case59
Tue Feb 12, 2019 6:02 pm
Forum: Personal Consumer Issues
Topic: What Happens If You Ignore Being Served a Lawsuit?
Replies: 68
Views: 5934

Re: What Happens If You Ignore Being Served a Lawsuit?

I am a lawyer and there is some incredibly irresponsible advice being bandied about on this thread. Do not take legal advice from the internet, except for this advice: Contact a real lawyer, in your state.
by Case59
Thu Jan 31, 2019 8:02 pm
Forum: Personal Consumer Issues
Topic: Really need help with new computer purchase!
Replies: 89
Views: 4486

Re: Really need help with new computer purchase!

Lots of good information in the above responses. The only thing I would add is stay away from refurbished items. I’ve tried several over the years (computers, cameras, cellphones) and it has never worked out well.
by Case59
Wed Jan 23, 2019 9:43 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 48972

Re: What lifestyle creep made you happier?

Traveling without schedule or agenda. More than once, I've walked into a train station in Italy, looked at the board for what's leaving in the next hour, and deciding, "I think I'll go ... there."
by Case59
Mon Jan 21, 2019 10:29 am
Forum: Personal Consumer Issues
Topic: Paying thousands per ticket to attend the NFL Super Bowl?
Replies: 138
Views: 7810

Re: Paying thousands per ticket to attend the NFL Super Bowl?

I have little interest in the Super Bowl. I'd go to the NCAA Final Four or the NBA finals if I could find remotely reasonable tickets. I've been to NCAA regional and NBA playoff games, and they were a ton of fun.
by Case59
Tue Jan 15, 2019 8:57 pm
Forum: Personal Consumer Issues
Topic: Funniest movies of all time? Name five of your favorites...
Replies: 220
Views: 32420

Re: Funniest movies of all time? Name five of your favorites...

Monty Python and the Holy Grail
Monty Python and the Holy Grail
Monty Python and the Holy Grail
Life of Brian
Airplane
by Case59
Sat Jan 12, 2019 7:26 pm
Forum: Personal Investments
Topic: Why isn't an AA of 75/25 with a SWR 3.75% the standard??
Replies: 64
Views: 8365

Re: Why isn't an AA of 75/25 with a SWR 3.75% the standard??

Referencing back to the original post, that is the AA and withdrawal strategy I largely follow (without being quite so precise), and I did use the Early Retirement studies plus related information to come to that conclusion. Though I shoot for more in the range of 3-3.5%. I have long-lived genes (my...