Search found 2707 matches

by am
Fri Oct 19, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting Vxus (total intern.) question
Replies: 1
Views: 134

Tax loss harvesting Vxus (total intern.) question

My VXUS (total intern. Vanguard) holding has about 2k in losses and I would like to tax loss harvest. I hold VEA (developed foreign) and VWO (emerging markets) from when I tax loss harvested years ago. I would like exposure to small caps as well. Would buying more VEA + VWO and adding VSS (foreign s...
by am
Mon Oct 15, 2018 9:08 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

I think it would also be informative to look at a 60/40 portfolio, but with ex-US for the 60% instead of US. Basically, answering the question of what the SWRs would have been like if the US had performed the same as ex-US. PortfolioVisualizer Monte Carlo Simulations 4% inflation adjusted withdrawa...
by am
Sun Oct 14, 2018 5:26 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

All this planning is made so damn hard with the vast array of unknowns. I am 45. In 2006 my brother died of a heart attack at age 45, so it turned out that he didn't even need a retirement plan. Even at 45, he still made it longer than my paternal grandfather who died of a brain tumor at the age of...
by am
Sun Oct 14, 2018 3:56 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

The discussions on here are mostly about having enough money to live until 100+. There are few discussions on here about probabilities of dying, getting sick, demented, being alone and widowed, depressed, going blind etc. Perhaps the odds of running out of money at 5% swr is much less than the prob...
by am
Sun Oct 14, 2018 2:11 pm
Forum: Investing - Theory, News & General
Topic: Will rising inflation increase 401K and Roth contribution limits for 2019?
Replies: 17
Views: 5130

Re: Will rising inflation increase 401K and Roth contribution limits for 2019?

The September CPI was released October 11th. It is locked in and the compensation limit will be $280K, the 415c limit $56K and the 402g limit $19K. The IRS just hasn't released the official numbers. I would expect them this coming week Yea. My match goes to 16.8k and contribution to 19k for total o...
by am
Sun Oct 14, 2018 12:36 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

These conversations revolve around risk and how willing you are to accept some risk. If you have a very low risk tolerance, shoot for a withdrawal rate of 3% or less and invest more heavily in bonds. If you feel your tolerance for risk is higher, start with a withdrawal rate of 4% or higher and a h...
by am
Sun Oct 14, 2018 12:09 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Here is a nice article by physician on fire. I think we are way too conservative! https://www.physicianonfire.com/money-to-your-grave/?ck_subscriber_id=198528596 Interesting article. Thanks for posting. Yes. Planning for a 30+ year retirement duration and dying earlier with "too much" would indeed ...
by am
Sun Oct 14, 2018 11:54 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Here is a nice article by physician on fire. I think we are way too conservative! https://www.physicianonfire.com/money-to-your-grave/?ck_subscriber_id=198528596 Interesting article. Thanks for posting. Yes. Planning for a 30+ year retirement duration and dying earlier with "too much" would indeed ...
by am
Sun Oct 14, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Will rising inflation increase 401K and Roth contribution limits for 2019?
Replies: 17
Views: 5130

Re: Will rising inflation increase 401K and Roth contribution limits for 2019?

The September CPI was released October 11th. It is locked in and the compensation limit will be $280K, the 415c limit $56K and the 402g limit $19K. The IRS just hasn't released the official numbers. I would expect them this coming week Yea. My match goes to 16.8k and contribution to 19k for total o...
by am
Sun Oct 14, 2018 11:36 am
Forum: Investing - Theory, News & General
Topic: Does anyone invest in commodities through an index?
Replies: 27
Views: 1600

Re: Does anyone invest in commodities through an index?

Do you invest in commodities? And if yes, why? No matter when I look at commodities as a passive investment I come up with the same impression, not worth it. While reading the WSJ, the following article showed up which seems to say it all... Why Commodity-Index Investing May Be Futile It’s harder t...
by am
Sun Oct 14, 2018 11:34 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Here is a nice article by physician on fire. I think we are way too conservative! https://www.physicianonfire.com/money-to-your-grave/?ck_subscriber_id=198528596 Interesting article. Thanks for posting. Yes. Planning for a 30+ year retirement duration and dying earlier with "too much" would indeed ...
by am
Sun Oct 14, 2018 10:13 am
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Here is a nice article by physician on fire. I think we are way too conservative!

https://www.physicianonfire.com/money-t ... =198528596
by am
Sun Oct 14, 2018 10:08 am
Forum: Investing - Theory, News & General
Topic: Will rising inflation increase 401K and Roth contribution limits for 2019?
Replies: 17
Views: 5130

Re: Will rising inflation increase 401K and Roth contribution limits for 2019?

What do you think the max salary for matching contributions will be? I think it’s 275k this year resulting in 16.5k match at 6%. If the max goes up, it’s free money for me.
by am
Sat Oct 13, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Recommendation for an ergonomic chair (staples)
Replies: 17
Views: 847

Re: Recommendation for an ergonomic chair (staples)

I need a comfortable ergonomic chair for sitting long periods of time at a desk for my home. I am going to go to staples tomorrow partly because it’s close and also because I have a 10% off amex offer on my credit card. Can anyone recommend a nice comfy chair that’s easy on the back and budget? Say...
by am
Fri Oct 12, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Recommendation for an ergonomic chair (staples)
Replies: 17
Views: 847

Recommendation for an ergonomic chair (staples)

I need a comfortable ergonomic chair for sitting long periods of time at a desk for my home. I am going to go to staples tomorrow partly because it’s close and also because I have a 10% off amex offer on my credit card. Can anyone recommend a nice comfy chair that’s easy on the back and budget? Say ...
by am
Thu Oct 11, 2018 8:13 pm
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 48
Views: 3264

Re: Best headphones under 500 bucks

I’ll be using the headphones with my iPad mini and iPhone. I was thinking Bose QC35 but want excellent quality sound across the full range of music- hip hop, rap, classical, etc. Some of the reviews are not great on amazon, so I hesitate to spend so much. Was hoping there was something better.
by am
Wed Oct 10, 2018 9:12 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7401
Views: 1551493

Re: U.S. stocks in freefall

Is it me, or does the market fall much harder than it rises? It’ll dilly dally up and then bam, months of progress lost in a week. To rise 800 points, seems like you need something extraordinary to happen.
by am
Tue Oct 09, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 187
Views: 14243

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

Of course. That is part of the definition of SWR as it is obviously set by the limiting years (1966 or 1929 depending on your exact definition). Is 1966-1981 the worst possible outcome? Seems unlikey. Seems like it is wholely possible for that period to stretch out another 2-5 years (or the rebound...
by am
Mon Oct 08, 2018 9:22 pm
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 48
Views: 3264

Best headphones under 500 bucks

I’m trying to find headphones that will give me the best sound for a wide range of music. Everything from classical to hip hop. I’m ok with paying up to 500 bucks, more if it’s truly worth it. I hear Bluetooth doesn’t have as good a sound as wired. Headphones that don’t bleed sound much would be gre...
by am
Thu Oct 04, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Avoiding wash sale with Vang. Int. Muni
Replies: 2
Views: 206

Avoiding wash sale with Vang. Int. Muni

I am looking to tax loss harvest about 3k on a low 6 figure holding of Vang. Intermiate term muni. I bought maybe 1-2k of shares however in the last 30 days. I am thinking of just exchanging the entire amount to vanguard limited term muni for 30 days and then switch back. Would you just take the sma...
by am
Wed Oct 03, 2018 4:33 pm
Forum: Investing - Theory, News & General
Topic: Flattening yield curve
Replies: 55
Views: 4808

Re: Flattening yield curve

I doubt this indicator like all others is actionable in any way or can be used for market timing. Stay the course.
by am
Mon Oct 01, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: Barron's Making the Case for Gold
Replies: 111
Views: 7735

Re: Barron's Making the Case for Gold

Is 10% gold really going to help a mostly stock portfolio when the next disaster hits? I stay away from these little 5-10% bets because they don’t make much difference other than add complexity.
by am
Mon Oct 01, 2018 9:13 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds... Why do people bother with them. ?
Replies: 71
Views: 7335

Re: Bonds... Why do people bother with them. ?

Sometimes bonds do better than stocks, even over decades, in many different countries, over many time periods. Stocks are riskier so we expect them to do better more but it’s not guaranteed. Next time the market takes a dive, we’ll see threads on why stocks? when they can lose so much, 100% bonds is...
by am
Sun Sep 23, 2018 8:24 pm
Forum: Investing - Theory, News & General
Topic: My CAPE10 based IPS
Replies: 103
Views: 6142

Re: My CAPE10 based IPS

Of course using any arbitrary period is a bad idea. I rebalance only based on valuation, never year end or decade end. This strategy can't work for mutual funds or hedge funds, who have shareholders and investors to answer to. But I have a governing board of just one. And I am very patient. I watch...
by am
Sun Sep 23, 2018 3:34 pm
Forum: Investing - Theory, News & General
Topic: My CAPE10 based IPS
Replies: 103
Views: 6142

Re: My CAPE10 based IPS

Market timing based on CAPE10 would be more popular if effective. The shifting life strategy funds vanguard used to run are static allocation now. Even Schiller warns of using CAPE10 https://finance.yahoo.com/news/robert-shiller-interprets-what-the-cape-ratio-says-about-the-market-today-102737135.html
by am
Sun Sep 23, 2018 12:19 pm
Forum: Investing - Theory, News & General
Topic: My CAPE10 based IPS
Replies: 103
Views: 6142

Re: My CAPE10 based IPS

Here it is, for those who have asked (in summary form, omitting elements of the IPS which are specific to my situation or otherwise personal): * 60/40 stocks/bonds * Bonds 50/50 total bond/stable value until 10 year treasury > 6% * Stocks 50/50 US/international, can go up 75% international based on...
by am
Sun Sep 23, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 77
Views: 10068

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

You have to look at it from different angles. The bank savings account is an FDIC insured account. The Vanguard Money market funds are not FDIC and thus are somewhat higher risk and thus yield to compensate for the risk. Personally we eliminated our low yield savings account at our bank a year ago ...
by am
Sun Sep 23, 2018 11:02 am
Forum: Investing - Help with Personal Investments
Topic: I-savings bonds: To do or not to do
Replies: 10
Views: 1556

Re: I-savings bonds: To do or not to do

For higher brackets, I bonds will guarantee loss of spending power over time after redemption. I don’t use them for this reason.
by am
Sat Sep 22, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX vs. FZROX for new investments
Replies: 14
Views: 1192

Re: VTSAX vs. FZROX for new investments

Won't make a monetary difference until you get a few $100K in the account. Make your decision based on ease of use. True, but I'm working out a plan to sell off company stock to put in the brokerage account. It could add up quickly, especially with compounding interest. I'm not likely to move anyth...
by am
Sat Sep 22, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: VTSAX vs. FZROX for new investments
Replies: 14
Views: 1192

Re: VTSAX vs. FZROX for new investments

The total international index fund (ftipx) has trailed the index since 2016 by .6% or so (versus vanguards fund .06%). I’m not sure any conclusions can be drawn long term, but it gives me pause putting all my hard earnedmoney into Fidelity’s fund when I have a choice, .6% matters over the long run.
by am
Sat Sep 22, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 575953

Re: What's Your Credit Card Rewards Strategy?

3. Wells Fargo Propel American Express No annual fee 3x points on dining, travel, gas, and streaming services All points are worth 1.5¢ for airfare if used with the Wells Fargo Visa Signature card, giving you an effective rewards rate of 4.5% for dining, travel, gas, and streaming services Alternat...
by am
Sat Sep 22, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4047

Re: NEW QUESTION: Harvest again in less than 31 days

I harvested from VWIUX (V. Int. Muni) to VMLUX (V. Limited T. Muni) on Sep. 14th...today is Sep 22d. VMLUX has a loss big enough to harvest. The price difference between those dates is .02. (2 cents). You must have a very large position to make that harvest worthwhile. I admit that I dislike TLH be...
by am
Sat Sep 22, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvest (TLH) VWIUX
Replies: 55
Views: 4047

Re: NEW QUESTION: Harvest again in less than 31 days

I harvested from VWIUX (V. Int. Muni) to VMLUX (V. Limited T. Muni) on Sep. 14th...today is Sep 22d. VMLUX has a loss big enough to harvest. The price difference between those dates is .02. (2 cents). You must have a very large position to make that harvest worthwhile. I admit that I dislike TLH be...
by am
Sat Sep 22, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 38
Views: 3563

Re: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]

FWIW, I harvested losses from VWIUX on Tuesday this week. I exchanged it for a 2:1 mix of Long Term and Limited Term Tax Exempt. This ratio approximates both the current yield and duration of Intermediate. Good idea! I also harvested...all to Lim. Term Tax Exempt. Maybe next time... House Blend...t...
by am
Sat Sep 22, 2018 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Switching Vxus (tot int vanguard) to ftipx (Fid tot int)
Replies: 9
Views: 528

Re: Switching Vxus (tot int vanguard) to ftipx (Fid tot int)

Why FTIPX over FZILX ? 0.06% ER vs 0.00% ... Not to speak for the OP, but one reason might be that FTIPX has small-caps, whereas FZILX does not (the Prospectus for FZILX states that it invests "least 80% of assets in securities included in the Fidelity Global ex U.S. Index℠ and in depository receip...
by am
Fri Sep 21, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Switching Vxus (tot int vanguard) to ftipx (Fid tot int)
Replies: 9
Views: 528

Re: Switching Vxus (tot int vanguard) to ftipx (Fid tot int)

Why FTIPX over FZILX ? 0.06% ER vs 0.00% ... Not to speak for the OP, but one reason might be that FTIPX has small-caps, whereas FZILX does not (the Prospectus for FZILX states that it invests "least 80% of assets in securities included in the Fidelity Global ex U.S. Index℠ and in depository receip...
by am
Fri Sep 21, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Switching Vxus (tot int vanguard) to ftipx (Fid tot int)
Replies: 9
Views: 528

Re: Switching Vxus (tot int vanguard) to ftipx (Fid tot int)

I’m thinking of selling about 140k of etf Vxus (Vang tot international) and switch to ftipx (Fidelity total international) for simplicity and to save some on fees in my 401k. Any downsides anyone can think of? Can one sell 140k of the etf fairly easily? Will fidelity let me invest this much into th...
by am
Fri Sep 21, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Switching Vxus (tot int vanguard) to ftipx (Fid tot int)
Replies: 9
Views: 528

Switching Vxus (tot int vanguard) to ftipx (Fid tot int)

I’m thinking of selling about 140k of etf Vxus (Vang tot international) and switch to ftipx (Fidelity total international) for simplicity and to save some on fees in my 401k. Any downsides anyone can think of? Can one sell 140k of the etf fairly easily? Will fidelity let me invest this much into the...
by am
Fri Sep 21, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 321
Views: 33707

Re: U.S. stocks continue to soar!

Total return of Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) is up 11.31% year to date. This is the year to wish I had a 100% stock allocation, with no international. Agree. But next year we’ll have threads about 100% international when it outperforms. Remember that we’re investing...
by am
Fri Sep 21, 2018 7:36 am
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 38
Views: 3563

Re: Buying VWIUX Today

I did the same thing this week and finally converted to Admiral shares of VWUIX. On a related note, I read a thread on another forum that long term bonds VWLUX may be a better choice in taxable account, due to slightly higher return (SEC yield about 0.5% higher) and only 2 years longer duration in ...
by am
Fri Sep 21, 2018 7:34 am
Forum: Investing - Theory, News & General
Topic: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]
Replies: 38
Views: 3563

Re: Buying VWIUX Today [Vanguard Intermediate-Term Tax-Exempt Muni Bond]

Fun fact. If you are interested in VWLTX, it provides bonus dividends when compared to VWITX. Bonus dividends. As VWLTX has a lower price than VWITX, you'll buy more shares for the same purchase. Meaning, you'll earn bonus dividends from the additional shares purchased. I believe VWLTX's current bo...
by am
Sun Sep 16, 2018 7:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard opens special offices for $1 million clients
Replies: 131
Views: 34016

Re: Vanguard opens special offices for $1 million clients

Flagship Customers Only ... Interesting that only 60,000 out of 25 million Vanguard clients are Flagship. Interesting stat. Does anyone know if this number of Flagship clients was accurate (or remains so)? I would not call $1MM upscale. In the wealth management industry, $10MM+ used to be the new n...
by am
Sat Sep 15, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: BofA/Merrill Edge or Chase Sapphire Banking/CPC?
Replies: 55
Views: 5178

Re: BofA/Merrill Edge or Chase Sapphire Banking/CPC?

I know that it has an annual fee, but the Premium Rewards card is such a great card. The annual fee is more than offset by the $100 travel credit, and then the points can be redeemed for anything at full value and not just travel. 2.625% on everything and 3.5% on travel and dining assuming $100k at...
by am
Sat Sep 15, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Question about performance had for Vang. Interm. Muni
Replies: 1
Views: 178

Question about performance had for Vang. Interm. Muni

Says on the vanguard site that vwiux (Vang. Intermed. Muni fund) has performance to date of -.27%. Does this include monthly interest as part of return? As yield is going up, I’m trying to get an idea of what 10000 invested on January 1 is worth now if you include monthly interest payments.
by am
Sun Sep 09, 2018 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: General check-up on retirement financial status
Replies: 22
Views: 1673

Re: General check-up on retirement financial status

Hi, I would greatly appreciate any input regarding the following, whether portfolio advice, AA, SS, tax strategies, sleep-at-night strategies, or anything else that comes to mind! Many thanks. H is 64, W is 67, both retired, both in reasonably good health; no children. Neither is taking SS benefits...
by am
Sat Sep 08, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com
Replies: 69
Views: 5699

Re: Historical SWR vs. Monte Carlo on PortfolioVisualizer.com

Or it might be pretty historically bad 90 years. What are the odds the next 90 or so years will have 2 World wars, a great depression caused by poor government action, another 3 police action/wars, an oil shock/stagflation with poor government response, and then some more deregulation to cause a re...
by am
Tue Sep 04, 2018 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18510

Re: How to Retire in Your 30's with $1 Million in the Bank

But an annualized cash flow of $25k-$30k, at a point when market valuations seem to be relatively high, just seems like a needless risk to me. Here's an open secret among featured FIRE subjects: nobody actually lives on $25k-$30k cash flow or plans to live on it permanently. Many don't take any wit...
by am
Tue Sep 04, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18510

Re: How to Retire in Your 30's with $1 Million in the Bank

But an annualized cash flow of $25k-$30k, at a point when market valuations seem to be relatively high, just seems like a needless risk to me. Here's an open secret among featured FIRE subjects: nobody actually lives on $25k-$30k cash flow or plans to live on it permanently. Many don't take any wit...
by am
Tue Sep 04, 2018 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: How to account for HSA in retirement planning?
Replies: 41
Views: 3248

Re: How to account for HSA in retirement planning?

Unlike 401K, TSP and IRAs, the advantages of the HSA is if you retire before age 65 you can contribute and take advantage of the tax benefits. $4450.00 for an individual and $7900.00 for a family. These contributions are %100 percent deductible from gross income. Yes I max my HSA and all tax deferr...
by am
Tue Sep 04, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18510

Re: How to Retire in Your 30's with $1 Million in the Bank

I think many in this forum are too conservative. Trying to plan for the bottom 1% or worst of historical outcomes. Remember that even the average historical outcome with regards to retirement will leave you with more money than you started with on your death bed.