Search found 398 matches

by truenorth418
Mon Dec 03, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Retirement itch- when did you get it?
Replies: 120
Views: 10855

Re: Retirement itch- when did you get it?

I knew I wanted to retire early beginning at the age of 21, when I was in college. I saw a movie, "Lost in America", about a yuppie couple that "cashed out" to travel the country in an RV. I remember thinking to myself at the time, "Hmm, that's an interesting concept, work really hard for 10 or 20 y...
by truenorth418
Mon Dec 03, 2018 3:12 am
Forum: Personal Consumer Issues
Topic: Retired in your late 40s or early 50s?
Replies: 87
Views: 13685

Re: Retired in your late 40s or early 50s?

I retired 7 years ago at age 47. It was a great decision and I have never regretted it. There is no reason to fear being bored or anything like that. To me, being bored in retirement just means a lack of imagination and creativity. Retirement opens up so many opportunities. You can even go out and g...
by truenorth418
Sat Nov 24, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 119
Views: 7060

Re: What is your allocation to U.S. and International?

65 stock 35 bond

Stock 60 US 40 Ex-US

Bond 100 US
by truenorth418
Sat Nov 03, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: What FIRE says to me [Financial Independence, Retire Early]
Replies: 10
Views: 1128

Re: What FIRE says to me

What do you think? (Fire away!) What do I think? I think you’re out of line. I’m happy that you enjoyed the latter part of your career. I’ve wanted to retire early since I was a junior in college. I worked my butt off for years to make it happen. Now I’m financially independent and retired In my ea...
by truenorth418
Thu Nov 01, 2018 2:40 am
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 73
Views: 7311

Re: Just Divorced -- Need Help

The jaded person is the one that closes their eyes to the financial implications of a potential divorce. A divorce can be financially devastating, often for decades after the marriage ended. Divorce is very common today - the divorce rate is still almost 50% of marriages. Why not acknowledge and ad...
by truenorth418
Thu Nov 01, 2018 2:25 am
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 11776

Re: Minimalist Lifestyle

I donated virtually everything I owned so I could spend a few years traveling around the world. I literally live out of a suitcase. Meanwhile, I keep only a small storage space back in the States with 3 small boxes containing tax returns, other personal papers, and some leftover clothes. I will redu...
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: 73
Views: 7311

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: 73
Views: 7311

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: 5306

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: 1155

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: 11407

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: 1874

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: 11640

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: 3881

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: 6061

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: 18931

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: 18931

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: 9240

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: 2852

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: 10606

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: 3242

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: 10497

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: 6188

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: 12997

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: 10494

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: 9340

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: 366
Views: 20083

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: 366
Views: 20083

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: 525

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: 3029

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: 9240

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: 3029

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: 2039

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: 2039

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: 22141

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: 11905

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: 7272

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: 22141

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: 22451

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: 7272

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: 1930

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: 2152

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: 379
Views: 36937

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: 20195

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 free fall
Replies: 8553
Views: 1673775

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: 1731

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: 39261

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: 18673

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: 11000

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: 12504

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...