Search found 286 matches

by truenorth418
Wed Oct 18, 2017 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u say?
Replies: 45
Views: 2058

Re: If someone held a gun to your head, and force u to gamble whether the S&P 500 will rise or fall tomorrow, what do u

cadreamer2015 wrote: ↑
Wed Oct 18, 2017 1:15 pm
Is this actionable?
No. And neither are the current threads about "reversed pictures" or "trash on the sidewalk". What's your point?
by truenorth418
Sun Oct 15, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 5357

Re: You career roots and your path to financial independence. "Actionable: steps and tips for others?

It was in college that I decided I wanted to retire early. I saw the movie "Lost in America", and I began to consider this idea of working really hard and saving my money for a while, so that I could escape the rat race at a young age and enjoy life. I decided a 2 year MBA was a good tool to score a...
by truenorth418
Sun Oct 15, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 104
Views: 5565

Re: How does everyone keep track of your portfolio?

Google spreadsheet. Links to all my funds and ETFs so I can see the portfolio value in real time.
by truenorth418
Fri Oct 13, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5533

Re: Help me understand what happen with the new law and ACA subsidies

Here's a link to a spreadsheet showing what each state planned. Here's a link to an explanation of the four basic strategies states and insurers chose. The link is from the spreadsheet, but I thought it would be easier on readers if I listed it separately. PJW Phineas, thank you for posting these l...
by truenorth418
Fri Oct 13, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Help me understand what happens with the new law and ACA subsidies
Replies: 80
Views: 5533

Re: Help me understand what happen with the new law and ACA subsidies

As I understand it the subsidies to individuals and families are not impacted. The news today was about the subsidies paid directly to insurance companies. There was speculation that these were going to end anyway since they were being challenged in court. As I understand it, insurance providers sub...
by truenorth418
Thu Oct 12, 2017 8:43 pm
Forum: Investing - Theory, News & General
Topic: Understanding What Makes Vanguard So Successful
Replies: 12
Views: 1882

Re: What Makes Vanguard So Successful - Article

Good article. Thanks for posting, OP. He posits Vanguard is poised for growth and is bound to achieve industry leadership in terms of AUM. But I wonder if that is the primary objective of Vanguard? As he points out, its ownership status is different than other firms. Without traditional shareholders...
by truenorth418
Tue Oct 10, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Security
Replies: 66
Views: 6354

Re: Fidelity Security

Is it all perfect? No. Is it useful and worth using? Yes. And so I have added both of these features to my Schwab and Fidelity accounts. I guess I'm struggling with the "useful and worth using" part. If we already secure our accounts with a password that's strong (alphanumeric) and unique to Fideli...
by truenorth418
Tue Oct 10, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Security
Replies: 66
Views: 6354

Re: Fidelity Security

How does the VIP app really provide any extra security? To deactivate it all you have to do is call... Yeah but one would still have to get past the Fidelity phone security features. Fidelity now has voice-recognition-based security over the phone. Schwab also now uses Symantec VIP for online trans...
by truenorth418
Tue Oct 10, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Protecting against the possibility of a correction?
Replies: 45
Views: 3881

Re: Protecting against the possibility of a correction?

My advice is focus on the Bogleheads tenet about adjusting your AA to fit your risk profile. You are getting older, but so is this bull market. You are getting nervous. This indicates you are taking too much risk than you are comfortable with and you should adjust your asset allocation so that you f...
by truenorth418
Mon Oct 09, 2017 8:03 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15172

Re: Bogle himself is saying we will expect like 3% for the next decades

The same guy we laud for the quote "Nobody knows nothin'".

Yet here he is making predictions.

What's wrong with this picture?
by truenorth418
Fri Oct 06, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Circumstances in which a freeze needs to be lifted
Replies: 34
Views: 2409

Re: Circumstances in which a freeze needs to be lifted

I froze my credit a few years ago. I haven't had to unfreeze except for when I bought a new cell phone and changed carriers. Other circumstances I can think of -opening credit credit account -mortgage -renting an apartment -opening new accounts at cable or electricity providers I suppose the best th...
by truenorth418
Fri Oct 06, 2017 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 205
Views: 23434

Re: Retirement Account Stolen by Identity theft

OP - Thank you for coming here to Bogleheads for advice and thus sharing your experience with others. I wish you all the best in resolving this and recovering the funds. This thread has inspired me to add 2 factor authentication to my accounts immediately (I had been putting it off). I had already f...
by truenorth418
Fri Oct 06, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Anyone go 100% Ally or another online bank for all banking needs?
Replies: 61
Views: 4936

Re: Anyone go 100% Ally or another online bank for all banking needs?

I went 100% Schwab Bank a couple of months ago. I love it. It rebates all my ATM fees at the end of every month. It is conveniently tethered to my Schwab Brokerage account. It does not pay as much interest as other online banks but I don't keep much money there. I guess it is not technically an onli...
by truenorth418
Sun Sep 24, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: NYC Health Insurance
Replies: 4
Views: 581

Re: NYC Health Insurance

CareConnect has been a great, fairly-priced option for me the last two years.

Unfortunately they are winding it down since they were hemoraging money apparently, so like you I am seeking alternatives. God only knows what options await me in this year's enrollment period.
by truenorth418
Sun Sep 24, 2017 3:04 pm
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 8336

Re: Where do you get your news?

Twitter. Drudge. Mark Simone radio (WOR NYC). Instapundit.
by truenorth418
Sat Sep 23, 2017 5:04 pm
Forum: Investing - Help with Personal Investments
Topic: $3.6 million at age 25 - need investment advice
Replies: 44
Views: 5369

Re: $3.6 million at age 25 - need investment advice

Not everyone wants a boring life of working for 20-30 years, and having $2M in index funds at retirement, withdrawing 4%. It actually makes me depressed to think about :? Fair enough. But for those of us who have COMPLETED the 20-30 years and are sitting comfortably with $2M in index funds..well le...
by truenorth418
Sat Sep 23, 2017 4:59 pm
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 4300

Re: Asking for no wedding gifts

If it were me, I would simply graciously accept the ones sent and write a thank you note. We don't get to choose the way that other people celebrate us. Many people enjoy buying gifts for people, you can always donate them if you don't want them. If you really don't want gifts, don't send out annou...
by truenorth418
Sat Sep 23, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 4300

Re: Asking for no wedding gifts

Rather than send out a "wedding announcement" to those who were not invited, why not simply join the 21st century and post the announcement along with a few wedding pics on facebook or instagram?
by truenorth418
Sat Sep 23, 2017 11:45 am
Forum: Personal Consumer Issues
Topic: Asking for no wedding gifts
Replies: 72
Views: 4300

Re: Asking for no wedding gifts

I'd just state no gifts on whatever communication you provide and deal with whatever happens. I wouldn't complicate this with alternatives like cash or charity, etc. Good luck with that. A few years ago my 55 year old brother got married to his second wife aged 53. Their invitation said "Please no ...
by truenorth418
Fri Sep 22, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8233

Re: Age you retired

I retired age 47.
by truenorth418
Tue Sep 05, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: How do you track expenses ?
Replies: 58
Views: 3598

Re: How do you track expenses ?

I have an annual budget which prepare in an Apple "Numbers" spreadsheet. Every month I download spending from my credit card account and withdrawals from my checking account, and I manually update my monthly budget with actual numbers to see if my budget is on track for the year. I used to use Quick...
by truenorth418
Tue Sep 05, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: Do retiree BHs actually run down their portfolios?
Replies: 73
Views: 8218

Re: Do retiree BHs actually run down their portfolios?

Lots of withdrawal approaches are designed to "run down" a portfolio. It all depends on how much, if any, one wants to leave to heirs or spend on themselves. For example, the "VPW" withdrawal approach will run down a portfolio over time as it uses an increasing % of remaining portfolio over time. Pe...
by truenorth418
Sat Sep 02, 2017 1:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: [Are the Bogleheads] getting less interesting?
Replies: 255
Views: 16976

Re: [Are the Bogleheads] getting less interesting?

Here are two reasons I have not been visiting as much. 1. Passive investing in the "Bogleheads" philosophy is a fairly simple concept to grasp and once grasped the discussions become rather repetitive. It's great to visit for reinforcement, but there is not a lot of actionable advice once the basics...
by truenorth418
Tue Aug 15, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Good Banks to Avoid Fees (No minimums, etc.)
Replies: 9
Views: 674

Re: Good Banks to Avoid Fees (No minimums, etc.)

I recently switched to Schwab Bank. No fees that I know of, and they reimburse all ATM fees from other banks, all over the world. Linked to my Schwab brokerage for seamless transfers. I love it.
by truenorth418
Mon Aug 14, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: Your Movie Collection?
Replies: 43
Views: 3509

Re: Your Movie Collection?

No need to own the movies. Waste of valuable apartment space and frankly I am tired of throwing away old crap knowing it just end up in a landfill someday, even if I donate it this time. How often would I watch an old movie anyway? Once or twice and then what? Whenever I want to watch an old favorit...
by truenorth418
Mon Aug 14, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Do I Need a Trust? (for single, no children, beneficiaries, etc.)
Replies: 16
Views: 1531

Re: Do I Need a Trust? (for single, no children, beneficiaries, etc.)

I am in a similar situation. Single, no kids, some assets. If I were to die intestate, my assets would go to my next of kin who are my brothers, who are older than me, and so if they die soon after me, my assets would in effect flow through their estate plans and probably their wives and then the fa...
by truenorth418
Tue Aug 08, 2017 9:26 am
Forum: Investing - Theory, News & General
Topic: FSITX Question (Fidelity Total Bond Index Fund)
Replies: 7
Views: 741

Re: FSITX Question (Fidelity Total Bond Index Fund)

I own FSITX in my retirement account because I keep my retirement account at Fidelity. I would have bought the Vanguard bond index fund but of course it was not available at Fidelity, so FSITX suits me must fine.
by truenorth418
Fri Aug 04, 2017 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 10696

Re: Do you count vehicle equity in net worth?

I used to include the value of my car in my net worth when I owned a car. I assumed a re-sale value of about $3,000 at one point I think so no big deal. However, I don't use "net worth" as anything but a personal "FYI". The key number for me is the value of my "investable assets", which I use as the...
by truenorth418
Sun Jul 23, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Education and Mansplaining
Replies: 128
Views: 8604

Re: Investing Education and Mansplaining

Another thought. I listen to Paul Merriman. His podcast is good, sometimes excellent. But he does go into excruciating detail regarding performance of the various asset classes and whatnot. I would not recommend him for beginners. When I was just starting out I listened to some books on tape by Jane...
by truenorth418
Sun Jul 23, 2017 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Education and Mansplaining
Replies: 128
Views: 8604

Re: Investing Education and Mansplaining

Jill Schlesinger is also good. Her radio shows are typically uploaded as podcasts (itunes etc) every weekend.

So Money with Farnoosh Tarabi is a good podcast, although her angle is less about investing and more about lifestyle issues around money. It is targeted at young adults.
by truenorth418
Tue Jul 18, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Tumbling USD -- expats
Replies: 27
Views: 2619

Re: Tumbling USD -- expats

A reason to have a significant portion of your portfolio in international stocks. This is one of those times when US dollar currency fluctuation helps the international investor. Therefore, as an expat, you can say, "Darn my US dollars aren't buying quite as much in this foreign country. Oh well at ...
by truenorth418
Thu Jul 13, 2017 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 10696

Re: Do you count vehicle equity in net worth?

Basic vehicle included in my net worth? No. I include my primary residence in my net worth, but I'm retired and I don't use my net worth to determine my retirement. I use investable assets, and I don't include vehicles or primary residence in investable assets. I guess if my primary residence were w...
by truenorth418
Wed Jul 12, 2017 8:43 am
Forum: Personal Finance (Not Investing)
Topic: ORP treatment of Social Security after 2035
Replies: 7
Views: 691

Re: ORP treatment of Social Security after 2035

I am 53 so still a long way from making the decision. In the meantime I treat SS (and my small pension also waiting for me down the road) as "reinforcements" or basically insurance against catastrophe in the financial markets or $ for long term care if I need that someday. If I can succeed without S...
by truenorth418
Mon Jul 10, 2017 8:23 am
Forum: Personal Consumer Issues
Topic: How did you handle the costs of your child's wedding?
Replies: 170
Views: 13664

Re: How did you handle the costs of your child's wedding?

My cousin paid $50,000 for his daughter's wedding - but not before first signing a contract with her and the groom to reimburse him for the total amount if the marriage did not last at least 10 years. The couple split up 6 years later and, yes, paid him back all the money. I thought this was a novel...
by truenorth418
Sat Jul 08, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity, Vanguard or Schwab? I need to choose.
Replies: 47
Views: 3956

Re: Fidelity, Vanguard or Schwab? I need to choose.

Vanguard is great, most of my investment are Vanguard ETFs. But when I recently consolidated my accounts, I decided Schwab and Fidelity were simply better at customer care and service options - and I closed my Vanguard account. I maintained my IRA and Roth IRA at Fidelity because I have had my retir...
by truenorth418
Tue Jul 04, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move abroad to minimize health care costs?
Replies: 80
Views: 6823

Re: Should I move abroad to minimize health care costs?

As for the much heralded Canadian system, run the numbers yourself before drawing any conclusions. I looked into moving to British Columbia from NYC last year and I created a pro forma budget including taxes, health insurance, etc etc. Guess what? My health insurance costs went down to practically z...
by truenorth418
Tue Jul 04, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I move abroad to minimize health care costs?
Replies: 80
Views: 6823

Re: Should I move abroad to minimize health care costs?

I am disappointed with this thread. The affordable care act was designed to help protect against the sort of catastrophic events the OP is referring to. That's why it includes annual out of pocket caps. For a single person the 2017 cap is a little over $7,000 which means with premiums the grand tota...
by truenorth418
Sun Jul 02, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard recommended Retirement allocation too simple?
Replies: 70
Views: 7171

Re: Vanguard recommended Retirement allocation too simple?

The proposed asset allocation seems like Vanguard boilerplate. I received the exact same allocation advice from a Vanguard advisor a few years ago. For me I was surprised on two counts: - I was retired and age 50, with a decent pension awaiting me a few years down the road. I would have expected a m...
by truenorth418
Tue Jun 27, 2017 9:36 pm
Forum: Investing - Theory, News & General
Topic: [2017 Health Savings Account Landscape] via Morningstar
Replies: 15
Views: 1993

Re: [2017 Health Savings Account Landscape] via Morningstar

Thanks for posting. There is not enough quality information on HSAs and this is helpful. I would think HSAs would have reached enough critical mass for Fidelity or one of the other large workplace 401k providers to step into this space. Maybe if the limits are expanded in the upcoming health care re...
by truenorth418
Sun Jun 25, 2017 9:54 am
Forum: Investing - Theory, News & General
Topic: The "angle" at Schwab
Replies: 32
Views: 4347

Re: The "angle" at Schwab

I was assigned an Schwab "advisor" at the local office without asking for one. When I retired (I was young, age 47), my expectation was to manage my portfolio myself, so I was a little annoyed when the advisor would call to ask how things were going. I met with him once to review my financial plan, ...
by truenorth418
Sat Jun 24, 2017 8:00 am
Forum: Investing - Theory, News & General
Topic: Anything wrong with 100% US Stocks?
Replies: 35
Views: 2966

Re: Anything wrong with 100% US Stocks?

lazyday wrote:If Bogle told you to jump off a cliff, would you do it?

Blasphemy! :D :D
by truenorth418
Wed Jun 21, 2017 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Early Retirement - what to do about healthcare?
Replies: 228
Views: 27494

Re: Early Retirement - what to do about healthcare?

If anything, the ACA made it easier for me to retire at a relatively young age, 47. Since its inception I have paid $250-400/month for insurance. The annual increases have been in the 20% range, which sucks, but I have been eligible for subsidies since I live off my portfolio, and I have been able t...
by truenorth418
Fri Jun 16, 2017 4:27 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 14859

Re: Anyone else gotten totally bored with investing?

Yes this has happened to me. I feel as if my asset allocation is optimized and I don't mess with it anymore. I made a Google spreadsheet that updates the value of my holdings in real time and I check that a few times a day. I am so excited now because we are nearing the end of the quarter and divide...
by truenorth418
Sun Jun 11, 2017 2:11 am
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 41076

Re: Regret early retirement/downsizing

Retired 5 years ago at 47. No regrets. I am rarely bored, and never as bored as I was sitting in those endless meetings listening to people I loathed drone on about meaningless nonsense. There are so many interesting things to do and explore in this world and I am grateful to have the time for that ...
by truenorth418
Sun Jun 11, 2017 2:05 am
Forum: Personal Consumer Issues
Topic: Good school in Mexico for Spanish?
Replies: 23
Views: 1957

Re: Good school in Mexico for Spanish?

I looked at schools in Oaxaca before deciding on Toucan School in Medellin Colombia. Have been back several times. Medellin's a great city, beautiful weather and scenery. School is fun, can personalize with with either group classes or private sessions. Loved it, highly recommend.
by truenorth418
Wed Jun 07, 2017 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Married filing separately vs staying single for tax savings
Replies: 31
Views: 2845

Re: Married filing separately vs staying single for tax savings

At the end of the day marriage is a legal/financial contract. Whether it makes sense for you at this time depends entirely on your own personal financial status and that of your partner. We are fortunate to live in a time when people can choose to live together unmarried without the outdated social ...
by truenorth418
Mon May 29, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Buckets v Total Return and the Frequency of Withdrawal
Replies: 17
Views: 1507

Re: Buckets v Total Return and the Frequency of Withdrawal

I keep about 3% of my portfolio in cash, and I consider it a component of my "safety assets" along with my bonds and bond funds. Beyond the stability benefit, I pull my ongoing spending from this "bucket". One thing to keep in mind is that the stock portion of the portfolio throws off a lot of cash,...
by truenorth418
Thu Apr 27, 2017 7:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard New Lower ER .04%
Replies: 56
Views: 6272

Re: Vanguard New Lower ER .04%

OP, thanks for posting this and bringing it to our attention. I don't look at the expense ratios very often but it was a timely reminder to do so. VTI is my core investment, but I also own VSS, VBR, and a few others. I am pleased to see that expense ratios for almost all of my funds, including SCHA ...
by truenorth418
Wed Mar 01, 2017 8:32 am
Forum: Investing - Theory, News & General
Topic: Treating I-Bonds as Long-term Bond Holdings
Replies: 19
Views: 2459

Re: Treating I-Bonds as Long-term Bond Holdings

I also treat my iBond holdings as the major part of my bond allocation. I agree with your points. I would also add that iBonds cannot lose value when interest rates rise, so this provides solace in a rising rate environment.
by truenorth418
Fri Feb 10, 2017 5:08 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Experiences?
Replies: 68
Views: 8090

Re: Charles Schwab Experiences?

I have been a Schwab client since the late 1990s. I don't think I have ever had a truly negative experience with them. I own mostly Vanguard ETFs and funds there, but I also own a few individual stocks as well as SCHA, the Schwab small cap fund. I prefer SCHA over the competitors because the index i...