Search found 2260 matches

by am
Sun Jun 25, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 74
Views: 4848

Re: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry

Not sure why all this emphasis on what to do now? Many of us have many years of investing left and go through many types of markets and cycles. We will buy and rebalance shares on the cheap sometimes and other times not. Why not just hold tight since has it has been shown market timing don't work? 2...
by am
Sun Jun 18, 2017 10:34 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 98
Views: 8437

Re: Anyone else gotten totally bored with investing?

Yes boring. After a decade of participation in this forum, reading finance/investing books and publications and deep thinking, a 3 funder is what I do. Simple, boring, easy. The only thing that I think about is the proportions in my 3 funder. I quickly realize however, that 5-10% changes won't have ...
by am
Thu Jun 15, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 4948

Re: Larry Swedroe: Stocks, Bonds, & Risk

June 2017 is probably one of the worst times to retire in recent memory.Stocks at an all time high with so many global issues and fixed income at pretty much an all time low.Of course I just retired :D An almost impossible situation for so many.Pick your poison. Stock market is often trading at/nea...
by am
Thu Jun 15, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: Stock Market become safer as holding periods lengthen - Maybe just a bias
Replies: 49
Views: 3781

Re: Stock Market become safer as holding periods lengthen - Maybe just a bias

Market returns can be great for your entire working career and then begin a lengthy bear for 9+ yrs just like our recent bull market. There is no safety with increased holding periods. Makes me think that the only way to sleep well is to have your basic expenses covered with ss, pension, fixed incom...
by am
Thu Jun 15, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Stocks, Bonds, & Risk
Replies: 61
Views: 4948

Re: Larry Swedroe: Stocks, Bonds, & Risk

So what is the take away or actionable point? Stock market can crash at any time and stay down for lengthy time periods. Early accumulator- jump up for joy and keep investing Mid accumulator- ? Adjust allocation for this possibility Near retirement and retirement- enough cash/fixed income to support...
by am
Tue Jun 13, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Another one of those "We are at the peak, crash is coming, how do I invest?" posts!
Replies: 75
Views: 5295

Re: Another one of those "We are at the peak, crash is coming, how do I invest?" posts!

High valuations can last awhile before a crash. What do we actually know ? There is a market correction every 2 years on average. The average business cycle is about 10 years between crashes. Valuations today are at 90%. In other words only 10% of the time have data watchers observed higher stock v...
by am
Tue Jun 13, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: Bogle Doubles Down on US Index Funds
Replies: 118
Views: 11944

Re: Bogle Doubles Down on US Index Funds

My main complaint about buying foreign stocks is that it comes with currency risk, yet the market doesn't reward investors for taking on that additional risk. Currency risk is not a risk for long term investors Yea. But doesn't every long term end in a short term? There is a vanguard paper (too laz...
by am
Tue Jun 13, 2017 3:18 pm
Forum: Investing - Theory, News & General
Topic: Bogle Doubles Down on US Index Funds
Replies: 118
Views: 11944

Re: Bogle Doubles Down on US Index Funds

Stormbringer wrote:My main complaint about buying foreign stocks is that it comes with currency risk, yet the market doesn't reward investors for taking on that additional risk.


Currency risk is not a risk for long term investors
by am
Wed Jun 07, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Amex [Platinum card fee increasing to $550]
Replies: 9
Views: 1615

Re: Amex

Can anyone suggest the best value for 100,000 Amex points MR points that we recently got? We usually get gift cards for restaurants but wanted any other ideas?
by am
Mon Jun 05, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3293

Re: New Milestone

Zillow aside, congrats!!! :sharebeer I was over 50 when I got a second comma for net worth :( (I use what might be considered excessively conservative estimates for real estate value though). At barely 53 I've yet to get my second comma for financial assets alone, hopeful of getting there by 55 tho...
by am
Mon Jun 05, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3293

Re: New Milestone

Congratulations. Well Done. Net Worth is Net Worth. Of course you include the estimated value of your house minus mortgage(I always subtract 6% for realtor cost as well). I think net worth is the most important number I track. Because I know that this "nest egg" will generate monies in my...
by am
Mon Jun 05, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3293

Re: New Milestone

Zillow aside, congrats!!! :sharebeer I was over 50 when I got a second comma for net worth :( (I use what might be considered excessively conservative estimates for real estate value though). At barely 53 I've yet to get my second comma for financial assets alone, hopeful of getting there by 55 tho...
by am
Sun Jun 04, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3293

Re: New Milestone

I dont view our home as an investment...so I never include it in NW. With that being said we just hit $700k...33 and 34 years old. Hoping to reach 1MM net worth by 40...not including home...which is $300k :) I don't understand why anyone would not count their house equity in networth? You could sel...
by am
Sun Jun 04, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: New Milestone
Replies: 39
Views: 3293

Re: New Milestone

As somebody that hit the two comma club at 39, and am 43 now, allow me to share that the second million should come a lot faster and easier than the first. Congrats, things start to get exciting at this point. This assumes a good market that the second million will come faster. For me, the second m...
by am
Sun Jun 04, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Amex [Platinum card fee increasing to $550]
Replies: 9
Views: 1615

Re: Amex

We got the chase sapphire reserve and love insurance features (trip cancellation especially) and the 3% cash back on dining and travel which become 4.5% cash back on the chase travel portal. The 300 dollar travel credit effectively make the annual fee $150 dollars before any of the other features ar...
by am
Sun Jun 04, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Academic Question on a real world situation
Replies: 34
Views: 2678

Re: Academic Question on a real world situation

Going back to the paper about safe withdrawal rates in foreign countries and only 4/17 supporting 4%, is this saying that conditions in all those countries were worse than the Great Depression at some point?! That returns were worse than 66-82? Seems to me like we have better protections against th...
by am
Sun Jun 04, 2017 10:41 am
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 8622

Re: Everything keeps going up, this feels too easy?

Why would buying and holding change the nature of valuations to go through cycles of optimism/pessimism? More people accepting the movements instead of trying to drive them doesn't eliminate the driver of the movements. This is completely anecdotal, but before I switched to passive index investing ...
by am
Sat Jun 03, 2017 11:03 pm
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 8622

Re: Everything keeps going up, this feels too easy?

Could this be a new normal where more and more people are buying index funds and using roboadvisors and boosting all stocks and Big drops won't happen. :D I'll keep dreaming. But boy, it would be fun to get to my goal in my 40s. Than I'd have bigger problems of what to do next, but I'd take it! I r...
by am
Sat Jun 03, 2017 9:41 pm
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 8622

Re: Everything keeps going up, this feels too easy?

Could this be a new normal where more and more people are buying index funds and using roboadvisors and boosting all stocks and Big drops won't happen. :D I'll keep dreaming. But boy, it would be fun to get to my goal in my 40s. Than I'd have bigger problems of what to do next, but I'd take it!
by am
Sat Jun 03, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Academic Question on a real world situation
Replies: 34
Views: 2678

Re: Academic Question on a real world situation

Going back to the paper about safe withdrawal rates in foreign countries and only 4/17 supporting 4%, is this saying that conditions in all those countries were worse than the Great Depression at some point?! That returns were worse than 66-82? Seems to me like we have better protections against the...
by am
Sat Jun 03, 2017 3:33 pm
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 8622

Re: Everything keeps going up, this feels too easy?

My experience tells me that it could be the other way as well like 08-09. It's certainly fun seeing the portfolio reaching new highs but I have this queasy feeling that this can all evaporate quickly or returns will be poor for years to come. I am staying the course however and enjoying the ride.
by am
Thu Jun 01, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: Fidelity 2000 'bonus points'
Replies: 32
Views: 2167

Re: Fidelity 2000 'bonus points'

Love it, gotta spend 7500 from jun 1 to jul 30 for 75 dollars extra in rewards. How do they come up with the numbers? I haven't been spending much this year cuz of churning other high reward cards :D
by am
Sun May 21, 2017 9:40 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 12958

Re: For those with $500k-$1m in investments...

I'm curious to know what percentage of your invest-able assets (that is, liquid assets, so not including home equity) you have in a taxable account versus retirement accounts. I'm including Roth in retirement accounts even though in many cases these monies can be accessed penalty free. How the fund...
by am
Sun May 21, 2017 9:31 pm
Forum: Investing - Theory, News & General
Topic: Barclays Online Savings account increases their interest rates
Replies: 6
Views: 1183

Re: Barclays Online Savings account increases their interest rates

I was sort of happy to see Amex savings go to .95 from .9. Was gonna switch to a "higher" yielding savings but realized how trivial the extra .3% taxable is I could get elsewhere.
by am
Sun May 14, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Was there a $$$ number after which things got easier?
Replies: 72
Views: 9617

Re: Was there a $$$ number after which things got easier?

Just found out today that about 0-1 mil took 6.5 yrs and 1-2 mil networth took another 3.5 yrs . What sort of accounts are you accumulating that in? We are saving at a similar rate (~$200K/yr) but even with my Solo 401(k) we are limited to about $90K per year in retirement accounts, including the b...
by am
Sun May 14, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Was there a $$$ number after which things got easier?
Replies: 72
Views: 9617

Re: Was there a $$$ number after which things got easier?

Just found out today that about 0-1 mil took 6.5 yrs and 1-2 mil networth took another 3.5 yrs . This is all with constant income, savings and expenses. We are at about 1 mil. with taxable, cash and retirement assets, paid off house, 20k/yr state pension at 62, and about 19-27 yrs away from SS (depe...
by am
Thu May 11, 2017 9:04 pm
Forum: Investing - Theory, News & General
Topic: Muni risks other than interest rates
Replies: 7
Views: 1047

Re: Muni risks other than interest rates

Would loss of tax exempt status result in a stock market type crash in your opinion?
by am
Thu May 11, 2017 3:45 pm
Forum: Investing - Theory, News & General
Topic: Muni risks other than interest rates
Replies: 7
Views: 1047

Muni risks other than interest rates

I have greater than 1 yr expenses invested in muni interm. Vanguard fund. I understand interest rate risk but not other risks of this fund like change in tax law, worsening financial status of municipalities, for example. Do munis have high embedded risk that has not shown up? What kind of impact wo...
by am
Sun Apr 23, 2017 3:30 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 50
Views: 3542

Re: how much house can we afford? Boston area.

Assuming down payment of 20%, I'd go no more than base salary x 2 = mortgage debt. These types of housing ratios don't work in HCOL areas. Not sure I understand. Do people in HCOLs not save for retirement, vacation, have unexpected emergencies, kids, etc? Perhaps the correct conclusion is that the ...
by am
Sun Apr 23, 2017 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 20455

Re: Any regrets living a frugal life for high income/high networth individuals?

In retrospect, I probably did live too frugally when I was in my 20s. At that time, I did not know I would eventually have a high income or a high net worth. So I was spending under the assumption that I would not. I ended up making much more money than I could have reasonably expected. So, in retr...
by am
Sun Apr 23, 2017 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: how much house can we afford? Boston area.
Replies: 50
Views: 3542

Re: how much house can we afford? Boston area.

Assuming down payment of 20%, I'd go no more than base salary x 2 = mortgage debt.
by am
Sun Apr 23, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 20455

Re: Any regrets living a frugal life for high income/high networth individuals?

I question the boglehead frugal crowd because many of my high earning peers buy expensive houses. Not to mention the abundant expensive properties > 1 mil a short drive from me that many own in my area and wealthier areas. Do all these people have it wrong?
by am
Sat Apr 22, 2017 10:07 pm
Forum: Personal Finance (Not Investing)
Topic: Any regrets living a frugal life for high income/high networth individuals?
Replies: 170
Views: 20455

Any regrets living a frugal life for high income/high networth individuals?

I am Top 5th percentile networth for my age group (40-49) and top 2-3% income with no debt thanks to being frugal and being a boglehead now for 10 yrs. We drive > 8 yr old cars and have a remodeled but modest house In a middle to upper middle class area worth about 650k. We can afford a house twice ...
by am
Wed Apr 19, 2017 9:33 pm
Forum: Personal Consumer Issues
Topic: Fidelity card 2% but NOT as statement credit
Replies: 27
Views: 2680

Re: Fidelity card 2% but NOT as statement credit

Yes, my Fido 2% card is now my go to card except for travel and dining for which I use chase saphire reserve. I deposit the Fido rewards into a fidelity cash account and then transfer to chase checking. A little annoying to wait for the rewards to hit the cash account at Fido for several days, then ...
by am
Fri Apr 07, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: VG has any funds for Frontier Markets??
Replies: 23
Views: 1914

Re: VG has any funds for Frontier Markets??

Is there a small value frontier market fund? I'd let a bit ride on that one for fun :D
by am
Mon Apr 03, 2017 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Netspend interest not showing today
Replies: 9
Views: 880

Re: Netspend interest not showing today

I don't use mango. How do you make it work? I remember being turned off by the requirements to earn the high interest.
by am
Sun Apr 02, 2017 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Netspend interest not showing today
Replies: 9
Views: 880

Re: Netspend interest not showing today

Interest is now showing.
by am
Sat Apr 01, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Netspend interest not showing today
Replies: 9
Views: 880

Netspend interest not showing today

Anyone else not showing interest earned for 1st quarter? Hope this has nothing to do with them cracking down on those using the 5% savings account? Or does this have to do with it being the weekend?
by am
Sat Apr 01, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Recommendation for small business credit card
Replies: 2
Views: 255

Recommendation for small business credit card

Wife has an s corp and uses an old Amex with .5% rewards for most purchases and 1% for open rewards partners. This increases after7500 dollars of spend which she does not reach most years. She charges 500 dollars most months. Are there any cards without annual fees and better rewards structures and ...
by am
Sun Mar 26, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Bond Fund for Emergency Expenses: ETF versus bond Mutual Fund
Replies: 16
Views: 877

Re: Bond Fund for Emergency Expenses: ETF versus bond Mutual Fund

I personally do not want to expose my "emergency funds" to any type of market risk. Bond funds can tank much more than you think based on history. Increase your risk on the stock side if you want more expected return.
by am
Fri Mar 24, 2017 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 $200 bonus
Replies: 195
Views: 19698

Re: Capital One 360 $200 bonus

I've been hesitant to do bank bonuses because of taxation. Credit card deals are so much better because they're higher often and don't get taxed. Plus I hate shuffling money around from my accounts with the bank bonuses and having it tied up. I also hate how you have to wait longer for the bonus. I ...
by am
Mon Mar 20, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Malpractice Asset Protection
Replies: 18
Views: 1331

Re: Malpractice Asset Protection

I am about 10+ yrs out as attending. I have heard and read numerous times that the risk of losing assets is miniscule. Retirement accounts, pensions and house titled a certain way offers protections if you have a spouse. If you are still concerned, consult a good specialized attorney.
by am
Sun Mar 19, 2017 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: Am I Addicted [to contribute to my taxable account]
Replies: 57
Views: 6742

Re: Am I Addicted [to contribute to my taxable account]

I hope you stay addicted when the market is falling and there is no end in sight. For me, it is harder to contribute when I see my balance fall every time I log in. But I continue because of what I have learned on this forum and because I know I am buying on sale. Good luck. There are few things bet...
by am
Wed Mar 15, 2017 9:30 pm
Forum: Investing - Help with Personal Investments
Topic: Evolving my asset allocation to slice-and-dice
Replies: 9
Views: 716

Re: Evolving my asset allocation to slice-and-dice

After 10 yrs of investing, reading many books, and being a boglhead participant, I am convinced that the 3 fund portfolio is what works best for me and my loved ones. It's so simple and easy that it's hard to believe it is the best choice for most!
by am
Wed Mar 15, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: Anyone subscribe to Barron's?
Replies: 17
Views: 1643

Anyone subscribe to Barron's?

I got an offer for 26 weeks for 23.40 or 52 weeks for 46.80. I haven't seen a recent publication. Is is worth reading for a boglehead for entertainment purposes?
by am
Wed Mar 15, 2017 9:56 am
Forum: Investing - Theory, News & General
Topic: Good article from Ben Carlson
Replies: 4
Views: 1124

Re: Good article from Ben Carlson

Yes, I enjoyed this post. Working more, getting a higher paying job or career, etc. were not amongst the regrets of elderly. I wonder however if working more to save more and achieving freedom counts?
by am
Wed Mar 08, 2017 10:09 am
Forum: Investing - Theory, News & General
Topic: New Vanguard Emerging Market Bond Fund
Replies: 46
Views: 5366

Re: New Vanguard Emerging Market Bond Fund

I don't understand why you would want to have exposure to such debt. As we always say, why not just take the risk on the equity side? There is plenty of opportunity on the equity side to diversify and risk your money.
by am
Wed Mar 08, 2017 10:01 am
Forum: Investing - Help with Personal Investments
Topic: Is the Vanguard Balanced Index Fund all you need?
Replies: 58
Views: 9222

Re: Is the Vanguard Balanced Index Fund all you need?

It's not all you need because some decades international does better than us. I have seen a lot of recency bias on here with regards to international performance.
by am
Tue Mar 07, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1872
Views: 296422

Re: What's Your Credit Card Rewards Strategy?

The sapphire reserve offers slightly better insurance options. Like the emergency medical evacuation and medical expenses to 2500. Other than that, most of the insurance is the same. The trip cancellation is to 20k/occurrence which we used to buy anyways before the reserve card saving us hundreds of...
by am
Mon Mar 06, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Retirement Savings
Replies: 277
Views: 43544

Re: Physician Retirement Savings

I'll say the same thing here (even as a fellow doc) that i have said on other threads and that is I just don't get some of the posters goals. How many folks who have worked their backends off to accumulate 5-10+ million will just be able to throw in the towel and spend lavishly when they have never...

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