Search found 392 matches

by truenorth418
Fri Oct 12, 2018 3:12 am
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 72
Views: 6631

Re: Just Divorced -- Need Help

I can never quite understand how the debt one spouse creates can be the responsibility of the other spouse in a divorce. I’ve said it before, I’ll say it again. As anyone who has been through a divorce can tell you, at it’s core marriage is a legal contract between 2 people and their local, state a...
by truenorth418
Thu Oct 11, 2018 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 72
Views: 6631

Re: Just Divorced -- Need Help

I can never quite understand how the debt one spouse creates can be the responsibility of the other spouse in a divorce. I’ve said it before, I’ll say it again. As anyone who has been through a divorce can tell you, at it’s core marriage is a legal contract between 2 people and their local, state a...
by truenorth418
Thu Oct 11, 2018 6:07 am
Forum: Personal Consumer Issues
Topic: Feeling Guilt among family/peers
Replies: 42
Views: 5180

Re: Feeling Guilt among family/peers

Congratulations! You have nothing to feel guilty about. You have made your choices based on your values, and you have achieved your goals. Good for you! As for your friends and family, they have made their choices, too, and if they did not end up in the same place, well, that's their problem. When I...
by truenorth418
Fri Oct 05, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: Jack's Wisdom: What's next for the market and what to do about it
Replies: 8
Views: 1123

Re: Jack's Wisdom: What's next for the market and what to do about it

Whatever happened to “stay the course”? And “nobody knows nuthin’”?
by truenorth418
Sat Sep 29, 2018 1:45 pm
Forum: Investing - Theory, News & General
Topic: Moneytalk with Bob Brinker coming to an end
Replies: 70
Views: 9184

Re: Moneytalk with Bob Brinker coming to an end

I listened to Brinker's show regularly for many years and learned a lot from him. I have purchased iBonds every year since year 2000 based on his recommendations - and of course the iBonds from the early 2000's are still earning those juicy fixed rates today. They remain the foundation of my bond/"s...
by truenorth418
Sun Sep 23, 2018 3:17 am
Forum: Investing - Theory, News & General
Topic: How do you define your success in our life, career and job?
Replies: 25
Views: 1829

Re: How do you define your success in our life, career and job?

Short and long term happiness. (as long as it doesn't hurt others)
by truenorth418
Sat Sep 15, 2018 1:50 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11461

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

When I was approaching FI, what little interest I had in my high-paying corporate job was turning into outright contempt, and it showed. Like an old actor who was no longer interested in the role he was supposed to be playing, I could no longer keep up any pretense that I cared at all about what was...
by truenorth418
Fri Sep 07, 2018 8:07 am
Forum: Personal Consumer Issues
Topic: Go to Istanbul next week. Any suggestions
Replies: 50
Views: 3845

Re: Go to Istanbul next week. Any suggestions

I completed my first visit to Istanbul recently. It was terrific. Not only are there amazing historical sites, the people I encountered were very friendly. Tourism from the US seems to have dropped off recently, although the US dollar is very strong and Turkey is currently a very good travel value. ...
by truenorth418
Fri Sep 07, 2018 2:25 am
Forum: Investing - Theory, News & General
Topic: Taylor's new book is #1
Replies: 32
Views: 5998

Re: Taylor's new book is #1

Congratulations Taylor!!
by truenorth418
Thu Sep 06, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18535

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

These financial independence-early retirement threads always seem to devolve into rants about "laziness", "milking the system", obamacare subsidies and whatnot. The earlier thread was deleted, but this new one seems to have gone down the same path. Here's my personal experience in a nutshell. I hope...
by truenorth418
Tue Sep 04, 2018 3:00 am
Forum: Personal Finance (Not Investing)
Topic: How to Retire in Your 30's with $1 Million in the Bank
Replies: 148
Views: 18535

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

I think detractors suffer from a lack of imagination. They just can't comprehend how someone didn't buy into the white picket fence fairy tale that gets sold in this country. I agree that lack of imagination is part of the problem. But there is something else that I have never been able to fully un...
by truenorth418
Sun Sep 02, 2018 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Pre nups.
Replies: 70
Views: 9184

Re: Pre nups.

Thank you all for the input and perspectives. We did sign the prenup a few days back. It was a sad experience for me bringing it up but over the years, I've come to see that life can be unpredictable (just like the stock market...). We can both put in our very best but how we evolve over time remai...
by truenorth418
Thu Aug 23, 2018 1:51 am
Forum: Forum Issues and Administration
Topic: Rating system for posts/posters ?
Replies: 60
Views: 2692

Re: Rating system for posts/posters ?

This forum already is diligently moderated.

The “rating system” already is in place. It is reflected in the number of reads, number of comments, and recency of comments.

In this respect it is one of the best administered online forums I know of.
by truenorth418
Mon Aug 20, 2018 11:40 am
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 91
Views: 10472

Re: Vanguard predicts 10 year equity returns

I thought Vanguard was all about "nobody knows nuthin'" and "tune out the noise".

Disappointed that Vanguard keeps making long term stock market predictions. What's next? Individual stock picks like Cramer?
by truenorth418
Thu Aug 16, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Celebrating the day you retired
Replies: 46
Views: 3185

Re: Celebrating the day you retired

I slept in, had a big breakfast, went to the gym. Then I went to the movies and treated myself to dinner at my favorite restaurant.

On the second day of my retirement I planned out a 2 month backpacking trip by train across Europe.
by truenorth418
Mon Aug 06, 2018 12:43 am
Forum: Personal Finance (Not Investing)
Topic: Few weeks into new job recieved significantly better offer elsewhere
Replies: 103
Views: 10306

Re: Few weeks into new job recieved significantly better offer elsewhere

Neither of these companies would hesitate to fire you if it made sense financially to do so. They have a responsibility to put their bottom line first. So do you. See if your current company can match or beat the other offer. If they can’t, leave, and don’t look back.
by truenorth418
Mon Jul 30, 2018 11:54 pm
Forum: Investing - Help with Personal Investments
Topic: Financial upside / downside of marriage vs cohabiting
Replies: 74
Views: 6046

Re: Financial upside / downside of marriage vs cohabiting

I think it’s wise for you to investigate this to knownwht you are getting yourself into. A lot of people don’t do the research and get blind sided later on. As any divorced person can tell you, marriage at its core is a legal contract with significant legal, tax and personal finance implications. So...
by truenorth418
Sat Jul 28, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Retire Internationally for FIRE
Replies: 94
Views: 12760

Re: Retire Internationally for FIRE

What is the advantage of Fire abroad? Why not just do it somewhere low cost here? Seems like culture shocks, language, lack of social support would remove any advantages? Other than cost, which has been addressed in the thread already, how about culture? Adventure? New experiences? Climate? Better ...
by truenorth418
Sat Jul 28, 2018 6:29 am
Forum: Personal Consumer Issues
Topic: Toughest Purchase of my Life. Engagement Ring time
Replies: 207
Views: 10091

Re: Toughest Purchase of my Life. Engagement Ring time

You’ll only get married once in your life, and you’ll be married to this person until you die, so you should make sure to start off on the right foot. Absolutely spend this money on the engagement ring! Maybe more! After all, as the saying goes “Happy wife, happy life!” After all, she’s going to wan...
by truenorth418
Sat Jul 21, 2018 3:06 am
Forum: Investing - Help with Personal Investments
Topic: I'm about to inherit a single stock with a worth of just over 7 figures....
Replies: 103
Views: 9159

Re: I'm about to inherit a single stock with a worth of just over 7 figures....

If instead of the stock you inherited an equal value in cash, would you immediately run out and spend all the cash to buy this stock? No? Then why effectively do the exact same thing by holding onto the stock?
by truenorth418
Thu Jul 12, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18499

Re: COMING SOON: BOGLEHEADS PODCASTS

When I think about parameters for a good name for this podcast: 1) Telegraphs what the podcast will be about for non Bogleheads.org users. So "Bogleheads Podcast" doesn't work. 2) Covers the full breadth (or close to it) of what the Bogleheads philosophy is about. So any focus purely on investing d...
by truenorth418
Thu Jul 12, 2018 12:53 pm
Forum: Investing - Theory, News & General
Topic: COMING SOON: BOGLEHEADS PODCASTS
Replies: 362
Views: 18499

Re: COMING SOON: BOGLEHEADS PODCASTS

"The Bogleheads Podcast"
by truenorth418
Thu Jul 05, 2018 10:48 am
Forum: Investing - Theory, News & General
Topic: Charles Schwab better than Transferwise?
Replies: 2
Views: 455

Re: Charles Schwab better than Transferwise?

I have transferred funds from Canadian banks to my Schwab account numerous times. They do not charge, the process was fast and seamless. I highly recommend this approach.
by truenorth418
Wed Jun 27, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Best time to travel to Iceland?
Replies: 22
Views: 3007

Re: Best time to travel to Iceland?

WhiteMaxima wrote:
Mon Jun 25, 2018 4:01 pm
truenorth418 wrote:
Mon Jun 25, 2018 3:56 pm
Best time to go was last week.
FIFA Would Cup 2018?
No - last week was the equinox - longest day - it is cool being in Iceland when the sun doesn't actually set.
by truenorth418
Wed Jun 27, 2018 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: Pre nups.
Replies: 70
Views: 9184

Re: Pre nups.

Prenups are great. They provide an excellent vehicle to have a very concrete discussion about financial expectations in the marriage. It's better to talk about these things prior to marriage, and while you may touch on them to a certain extent without a prenup, a prenup puts a narrow focus on the i...
by truenorth418
Mon Jun 25, 2018 3:56 pm
Forum: Personal Consumer Issues
Topic: Best time to travel to Iceland?
Replies: 22
Views: 3007

Re: Best time to travel to Iceland?

Best time to go was last week.
by truenorth418
Sun Jun 24, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Canadian Universities [Dual US / Canadian citizen]
Replies: 33
Views: 2026

Re: Thoughts on Canadian Universities [Dual US / Canadian citizen]

It has been a long time since I was acquainted with Canadians, but I thought I recalled that High School in Canada went through Grade 13 - as opposed to Grade 12 in the US. Does that affect entering students at Canadian Universities? Grade 13 was a university prep year but only in the province of O...
by truenorth418
Sun Jun 24, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on Canadian Universities [Dual US / Canadian citizen]
Replies: 33
Views: 2026

Re: Thoughts on Canadian Universities

I'm a dual citizen US/Canada. I went to graduate school at a top university in Canada. The cost of the Canadian university education was a fraction of what I would have had to pay in the US at even a crappy American school. However, my concern at the time was that I would not be able to translate my...
by truenorth418
Sat Jun 23, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 173
Views: 21979

Re: Can you retire on $2M?

I have a rhetorical question. Why would anyone want to "retire" at age 40? What possibly would you do with all that time (that doesn't cost a lot of money)? I’ll give a rundown for my to-do list, alas I am about a decade older. In no particular order: - spend more time with my family (aging parents...
by truenorth418
Sat Jun 23, 2018 12:12 pm
Forum: Investing - Theory, News & General
Topic: I-bonds look pretty bad right now
Replies: 92
Views: 11519

Re: I-bonds look pretty bad right now

My solution to the argument over i-bonds or CDs or bond funds?

All of them have a role in my IPS ...and therefore I own plenty of ALL of them!
by truenorth418
Sat Jun 23, 2018 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 69
Views: 7139

Re: Ways to Protect Assets Without a Prenup

A pre-nup can help organize and customize this unique financial contract. But, OP, you don’t have a pre-nup. You have decided to let the chips fall where they may with the default, government mandated option. You are concerned about the finances, while marriage is primarily financial. Why get marri...
by truenorth418
Sat Jun 23, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 173
Views: 21979

Re: Can you retire on $2M?

I had about $2M in investable assets when I retired 7 years ago at age 47.

I spent less than 2.5% of year end portfolio value each year since then, and now my portfolio is far higher than $2M.
by truenorth418
Sat Jun 23, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22306

Re: Did you celebrate when you finally hit $1m?

Yes. I rewarded myself a nice dinner at my favorite steak house.
by truenorth418
Fri Jun 22, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Ways to Protect Assets Without a Prenup
Replies: 69
Views: 7139

Re: Ways to Protect Assets Without a Prenup

As anyone who has been through a difficult divorce can tell you, modern marriage at its core is primarily a contract between 2 people and their various state, federal and local governments - a contract with significant personal finance and tax consequences. Some of the consequences could be good, or...
by truenorth418
Fri Jun 22, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: What do you include in your grocery budget?
Replies: 36
Views: 1918

Re: What do you include in your grocery budget?

Anything I buy at a grocery store or drug store is groceries to me with the exception of prescriptions drugs.
by truenorth418
Fri Jun 22, 2018 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total International Fund
Replies: 16
Views: 2095

Re: Vanguard Total International Fund

Over these many years, I have heard that an investor should avoid Indexed International Equity Funds as the Total International Stock Fund at Vanguard. ... Tax consequences prevent my selling this loser. On the contrary.. if this fund is a big loser as you say it is, you have a golden opportunity t...
by truenorth418
Thu Jun 21, 2018 6:30 am
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35519

Re: What is/ was your career and would you recommend it now?

Corporate marketing.

Don't do it unless you enjoy spending more than 80% of your time sitting in meetings, playing office politics, and working on internally focused projects that have no bearing on actually driving the business.
by truenorth418
Tue Jun 19, 2018 4:18 pm
Forum: Investing - Theory, News & General
Topic: International stocks in free fall
Replies: 151
Views: 20029

Re: International stocks in free fall

Not today, but end of this month yes.
by truenorth418
Tue Jun 19, 2018 7:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7442
Views: 1557601

Re: Anyone buying today?

I'll wait a couple of days so I don't "buy" the Q2 dividend.
by truenorth418
Thu Jun 14, 2018 2:36 pm
Forum: Investing - Theory, News & General
Topic: Is the Dow Jones Industrial Average a useful metric?
Replies: 28
Views: 1708

Re: Is the Dow Jones Industrial Average a useful metric?

SagaciousTraveler wrote:
Thu Jun 14, 2018 10:42 am
To me, no. Most people think the DOW is the Stock Market, so news outlets just go with it.

When I check in on the market, I pay more attention to the S&P.
Correction: Most news outlets just go with it, so most people think the DOW is the Stock Market.
by truenorth418
Mon Jun 11, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Bogleheads, tell me about your 40's?
Replies: 179
Views: 39059

Re: Bogleheads, tell me about your 40's?

Summary of my 40s:

I worked my butt off at a job I despised until I got laid off at age 47. At which point I decided to just go ahead and retire since I had saved enough money and I was sick of working.
by truenorth418
Mon Jun 11, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Life in retirement - what did you do today?
Replies: 194
Views: 18570

Re: Life in retirement - what did you do today?

Woke up at about 8 am. Lingered in bed, got up at my leisure. Had a big breakfast, like every morning. Went to the gym. Today was "lifting day", so I spent a solid 3 hours there lifting weights and stretching. For lunch I enjoyed a home made protein shake and some turkey. Ran some errands, including...
by truenorth418
Mon Jun 11, 2018 7:27 am
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 78
Views: 10856

Re: Early retirement pros and cons:

But you have a much longer time frame to get bored. My FIL retired at 62 and lived until 91. That’s almost 40 years of practically doing nothing. When I mean nothing, I don’t mean just sitting at home and drinking beer. 29 years is not almost 40.......your post makes much more sense now. Oops, my m...
by truenorth418
Mon Jun 04, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: For retirement at 55 what is a good multiplier?
Replies: 65
Views: 12388

Re: For retirement at 55 what is a good multiplier?

I'm 54, already retired. Beginning next year at age 55 I intend to spend 3% annually going forward - so that's 33X annual spending. I have a small pension available to me at age 65, and SS, but I consider both of those "reinforcements" for now. I'll consider how to work them into the plan when I get...
by truenorth418
Thu May 31, 2018 5:31 am
Forum: Personal Finance (Not Investing)
Topic: Getting married, car buying and apartment by myself?
Replies: 18
Views: 2770

Re: Getting married, car buying and apartment by myself?

Good for you for trying to understand the financial aspects of your marriage. As any divorced person could tell you, marriage, at its core and once you get past all the trappings of the wedding and Facebook photos, is a legal contract with significant financial and tax implications. Some of the impl...
by truenorth418
Wed May 30, 2018 7:25 am
Forum: Personal Consumer Issues
Topic: Advice on neighbor not keeping up his property...
Replies: 103
Views: 7932

Re: Advice on neighbor not keeping up his property...

Thinking of the contentious rent vs. buy thread. The owner has less options re: "neighbor risk".
by truenorth418
Wed May 30, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Do you have a monthly household budget?
Replies: 63
Views: 4532

Re: Do you have a monthly household budget?

I keep a monthly budget and have been doing so for almost 20 years using an excel spreadsheet. I used to use Quicken but I tired of the cost and realized I could easily manage it myself by simply downloading my bank and credit card files at the end of each period and manually assigning the account n...
by truenorth418
Thu May 24, 2018 10:19 am
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 166
Views: 14740

Re: Renting vs Owning Your Home

3. OWNING IS LESS RISKY Even if you move, you retain some protection because in a down market you'd sell low and buy low, and in an up-market, you'd sell high and buy high. So your gain or loss is limited as long as the real estate markets are comparable and you don't wait too long between selling ...
by truenorth418
Mon May 07, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: When to buy new underwear?
Replies: 86
Views: 6925

Re: When to buy new underwear?

What does Jack say?
by truenorth418
Sat Mar 31, 2018 6:54 am
Forum: Investing - Theory, News & General
Topic: Nice article on saving money and financial independence
Replies: 36
Views: 5765

Re: Nice article on saving money and financial independence

These extreme early financial independence articles always seem to bring out a lot of contrarians in this forum, so I’ll start. The very first sentence mentions a divorce. How much of her “independence” $$ is she getting from her divorce settlement? Seriously, good for her for saving 70% if that’s w...