Search found 154 matches

by jimmyq
Wed Oct 03, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Too heavy on S/M cap??
Replies: 10
Views: 678

Re: Too heavy on S/M cap??

If your goal is to match the distribution of a total stock market fund, then you need want to readjust such that 73% of your equities are large company, 18% in mid-cap, and 9% in small-cap. This is the approximate distribution for Vanguard's Total Stock Market Index fund. However, if you intend to t...
by jimmyq
Mon Oct 01, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?
Replies: 45
Views: 4586

Re: Can I Hold Off "Upgrading" to Vanguard Brokerage until 2019?

I suppose Vanguard could add annoying pop-ups to the website for those that have not converted. So every time you login, a huge window covers half your screen and says something like, "Help us help you by upgrading to a brokerage account today!". Or maybe a similar banner covers the top 1/4 of your ...
by jimmyq
Sun Sep 02, 2018 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Re: Job woes and retirement - Should I adjust my allocation?

jimmyq, So, with about 15 years of expense in fixed income, your AA is about right at this moment. <<Writing these numbers down makes me think I'm an idiot for not leaving already. But I've been a worst-case worrier for many years, so I guess that is my curse. And my job was actually enjoyable up t...
by jimmyq
Sun Sep 02, 2018 9:18 pm
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Re: Job woes and retirement - Should I adjust my allocation?

I was in a pretty similar situation the last couple of years. About this time last year, my company was going through a round of restructuring, I took the opportunity to engineer my own exit. This is not always possible, but it may be worth looking into. I was able to walk away with a very generous...
by jimmyq
Sun Sep 02, 2018 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Re: Job woes and retirement - Should I adjust my allocation?

OP, The question and answer have no meaning until and unless we know your portfolio size in term of your current annual expense and annual expense after withdrawing social security. In general, folks would like have X years of annual expense in fixed income. In your case, the answer would range fro...
by jimmyq
Sun Sep 02, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Re: Job woes and retirement - Should I adjust my allocation?

OP, The question and answer have no meaning until and unless we know your portfolio size in term of your current annual expense and annual expense after withdrawing social security. Thanks. I'll respond with more details a bit later when I have the time to put the numbers together and respond. I do...
by jimmyq
Sun Sep 02, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Re: Job woes and retirement - Should I adjust my allocation?

Before you jump ship, get some real quotes on medical insurance. I retired from a major 3 letter IT company in 2009. They pay half of my medical and dental till the pot runs dry at the time medicare kicks in. I am on a high deductible plan at 425 a month, wife on a lower deductible at 705 a month. ...
by jimmyq
Sun Sep 02, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Re: Job woes and retirement - Should I adjust my allocation?

My personal opinion would be to move towards 50:50 but hang onto the job as long as you can stand it while preparing your financial life to retire early. Knowing that any given day could be your last day by your own choice may shift your perceptons and there might be a much more enjoyable job out t...
by jimmyq
Sun Sep 02, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Re: Job woes and retirement - Should I adjust my allocation?

I would hang on to this or similar job for as long as you can. Loss of human capital when out of work for a few months and over 50 makes it hard to get decent earnings back - a lot depends on the need for your particular skill. I would go for 50/50 or 45/55 allocation given your position. But, you ...
by jimmyq
Sun Sep 02, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Re: Job woes and retirement - Should I adjust my allocation?

Pension is very important. Will you get social security, and if you start collecting SS at age 70, what portion of your hoped for spending would it cover? That will dictate how quickly you can increase equities in your asset allocation. There’s no substitute for living on a low withdrawal rate. I r...
by jimmyq
Sun Sep 02, 2018 7:31 am
Forum: Investing - Help with Personal Investments
Topic: Job woes and retirement - Should I adjust my allocation?
Replies: 20
Views: 2052

Job woes and retirement - Should I adjust my allocation?

I am hoping I can get some of your expert opinions on how (or if) I should adjust my allocation given my circumstances. For the longest time, I was planning on retiring at 55 (currently 51). But my investments have been doing well, and my (high tech) job has... well, not been going so well lately. M...
by jimmyq
Fri Jul 20, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: High school graduation monetary gift for nephew
Replies: 37
Views: 2162

Re: High school graduation monetary gift for nephew

FWIW, I was in a similar situation last year, trying to decide how much to give my nephew for his HS graduation. I settled on $500 as that would go a long way toward buying things like books or a laptop for college. Don't know if this was too much or too little, but I know he appreciated it.
by jimmyq
Mon Jul 16, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: Would you pay $120 for a 5 year dishwasher warranty?
Replies: 61
Views: 3109

Re: Would you pay $120 for a 5 year dishwasher warranty?

Nope, doesn't look like a good deal to me. I'd rather fix it myself if it breaks.
by jimmyq
Sun Jul 01, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 8583

Re: What % of your equity is int’l?

I'm currently at 22%
by jimmyq
Tue Jun 26, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Did you celebrate when you finally hit $1m?
Replies: 209
Views: 22275

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

I did a little happy dance in my head. That was the only celebration for me.
by jimmyq
Tue Jun 26, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 7809

Re: Family dynamics/in laws/am I being petty?

Try changing your perception. Think of the dinner as: a) We are sharing a family experience b) The whole family must be there to fulfill that experience c) We are splitting the cost of that experience 50/50 Perhaps this way of thinking would reduce any hard feelings when the check arrives.
by jimmyq
Thu Jun 21, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35460

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

Electrical Engineer in a hardware development group. Has been good to me overall so I would recommend it for those who like to solve tough technical problems. Lots of ups and downs depending on how the company is doing financially. I've seen many waves of layoffs during the bad times, and have seen ...
by jimmyq
Mon Jun 18, 2018 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 12993

Re: Retire at 50: Should I?

Yep, I think you are good to go, especially since you've done a lot of legwork to get to this point and have good estimates for healthcare costs. I am of similar age, and estimated (after running through bunches of calculators and spreadsheets) that a 3% withdrawal is a pretty safe rate for a 50 yea...
by jimmyq
Sun Jun 17, 2018 8:30 am
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 4329

Re: A different theoretical view of SWR

cjking wrote:
Sun Jun 17, 2018 7:28 am
... then use PMT function parameterised with n and anticipated return.
Yeah, I agree. It seems like anytime I try to come up with a "better" or "simpler" method, I always come back to some variation that uses the PMT function. Not quite so simple, but really not that difficult.
by jimmyq
Sun Jun 17, 2018 6:57 am
Forum: Investing - Theory, News & General
Topic: A different theoretical view of SWR
Replies: 63
Views: 4329

Re: A different theoretical view of SWR

If we assume the affect of inflation is eliminated through investing we can develop a SWR by simply dividing the portfolio by the lifespan its needed to support. This approach is clean and simple. While this approach is simple and clean, I think it is way over-simplified, especially for very long a...
by jimmyq
Tue May 22, 2018 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken - Do you use it?
Replies: 59
Views: 4025

Re: Quicken - Do you use it?

Yes, I use it to keep track of my banking accounts, credit cards, and investment accounts. I find it extremely useful. That said, I may consider alternatives in about a year because their subscription rates increased dramatically after Intuit sold Quicken to a private equity firm.
by jimmyq
Sat Apr 21, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: when to rebalance?
Replies: 12
Views: 1198

Re: when to rebalance?

I was in the same boat recently. Didn't have any more room in my tax advantaged accounts to rebalance, so I bit the bullet and rebalanced in my taxable account. If you do this, you can try to minimize the tax hit by first selling shares that have appreciated the least in order to reduce capital gain...
by jimmyq
Sat Apr 21, 2018 8:55 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 8821

Re: Do you buy new or used cars?

I prefer to buy new, but pay cash and hold on to them for a while. My last car was a Civic which I kept for 17 years. Current car is an Accord and have had it for 5 years and counting.
by jimmyq
Thu Apr 19, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Good Dad, Bad Dad [pay for son's driving expenses (or not)]
Replies: 49
Views: 4004

Re: Good Dad, Bad Dad

I'd pay the insurance, but let him pay gas. Unless he has an accident that was his fault and insurance goes way up... then he can pitch in some for that, too. Of course I'm biased because that's what my dad did for me, and I'd like to think I turned out OK.
by jimmyq
Thu Apr 12, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Mid-40s in tech - how to pass off as acceptably young
Replies: 111
Views: 11781

Re: Mid-40s in tech - how to pass off as acceptably young

Honestly, I think that coloring your hair is the single biggest thing you can do to help remove some age related biases. Both my brother and I have premature gray hair (started going gray in my early 20s). My brother lost his job at age 44 and searched for 8 months, had what he thought were excellen...
by jimmyq
Fri Apr 06, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: What is Megacorp?
Replies: 62
Views: 5242

Re: What is Megacorp?

Interesting, there is actually company called Megacorp Logistics. Maybe everyone works there!
by jimmyq
Sun Apr 01, 2018 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Planning to trade car with my friend. Need bogleheads' wisdom
Replies: 22
Views: 2263

Re: Planning to trade car with my friend. Need bogleheads' wisdom

I have the solution. It's obvious, really. The problem is that you are unrelated which makes transfer or gifting difficult without paying lots of taxes. Therefore, the solution is to become related. Marry each other, and then you can just swap cars. Now this may get a little tricky if you're already...
by jimmyq
Sat Mar 24, 2018 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: I did it and feel great about it (paid off mortgage)
Replies: 66
Views: 11469

Re: I did it and feel great about it (paid off mortgage)

Congrats! Great feeling, isn't it? Paid mine off early a few years ago and never regretted it one bit.
by jimmyq
Fri Mar 16, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: Could all of these "low expected returns over next 10 years" predictions be wrong?
Replies: 120
Views: 12299

Re: Could all of these "low expected returns over next 10 years" predictions be wrong?

Yes, most experts estimate lower expected returns over the next 10 years. But if this holds true, then after 10 years, does this mean that things should go back to normal so that the NEXT 10 or 20 years would revert back to historical averages? Sure, there are a lot of unknowns, but I was just wonde...
by jimmyq
Sat Mar 10, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: Is near FI + Employment almost as good as Retirement?
Replies: 39
Views: 4813

Re: Is near FI + Employment almost as good as Retirement?

Had a fellow engineering coworker who worked well past FI and finally retired in his mid 70s. His stress level appeared to drop significantly the last 5 years of his career, but so did his productivity, which in turn created more work and stress for the rest of the team. But then after he retired, h...
by jimmyq
Sat Mar 10, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Exit strategy for bitcoin
Replies: 88
Views: 8681

Re: Exit strategy for bitcoin

Yes it's a good idea to treat is as an educational experience - last year I learnt from a mistake I made in buying parts of an active fund (because it had beaten all the others in the previous years - but then it started losing money the day after I bought it, and since it had very concentrated pos...
by jimmyq
Fri Mar 09, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)
Replies: 82
Views: 8094

Re: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)

I had to laugh when I saw you had a decision matrix and scores of 521 to 522. That type of over-analysis sounds exactly like something I would do, so I certainly understand your conundrum. If it was me, I'd probably stay because I get a bit anxious over major life changes. But for other people, I us...
by jimmyq
Fri Mar 09, 2018 8:44 am
Forum: Personal Consumer Issues
Topic: Anyone ever have success getting out of a lease?
Replies: 27
Views: 2362

Re: Anyone ever have success getting out of a lease?

If it was me, I'd just pay the extra month of rent and be done with it. It wouldn't be worth my time to hassle with a subleaser, unless the apartment complex was willing to do the legwork on finding one for me. Moving is stressful enough, so I see no reason to deal with all that unless the rent is R...
by jimmyq
Sun Mar 04, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: Whole House Natural Gas Generator
Replies: 110
Views: 7671

Re: Whole House Natural Gas Generator

I opted to just get a stand-alone gasoline generator and transfer switch. Sure, it's not as convenient because I have to hook everything up and start up the generator when I need it. But it was a heck of a lot cheaper and seemed to be a good compromise since I only really need it once a year at most...
by jimmyq
Sun Mar 04, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: What is your investment strength?
Replies: 70
Views: 6031

Re: What is your investment strength?

Strength = Anal retentive expense tracking
Weakness = Anal retentive expense tracking
by jimmyq
Sat Mar 03, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Morgan Stanley wants my 410K and everything else, Why?
Replies: 63
Views: 5922

Re: Morgan Stanley wants my 410K and everything else, Why?

Tell the Morgan Stanley FA you'll stay with him if he agrees to charge you less than 0.30% per year you could get with Vanguard. When he says "No" see how he likes it when you repeatedly ask HIM "WHY?" If he's a good salesman, he'll be slippery with a question like that. He'll probably tell you tha...
by jimmyq
Thu Feb 22, 2018 8:04 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 511
Views: 56009

Re: Two Comma Club

Congrats welderwannabe!
Now start working on that 3rd comma. That one's gonna be just a little more challenging.
by jimmyq
Mon Feb 19, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: Chillin' in the BH Lounge
Replies: 46
Views: 6098

Re: Chillin' in the BH Lounge

The four percent rule is up for a fight
but a slow death may now be in sight
History shows it has never yet failed
but on bond rates it may be impaled
by jimmyq
Mon Feb 19, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Back door roth, HR Block inaccuracy?
Replies: 4
Views: 454

Re: Back door roth, HR Block inaccuracy?

(corrected minor mistake below) So what did H&R block put on line 14? If they just follow the instructions on the form it should be -1. There is nothing on form 8606 or line by line instructions that prevents a negative number here, and the IRS is usually careful to spell out "if less than zero ente...
by jimmyq
Mon Feb 19, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Back door roth, HR Block inaccuracy?
Replies: 4
Views: 454

Re: Back door roth, HR Block inaccuracy?

Thanks!
I made the mistake of looking at the form 8606 that HR Block provides, which omits those instructions. But sure enough, there it is plain as day on the REAL IRS form... "rounded to at least 3 decimal places".
by jimmyq
Mon Feb 19, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Back door roth, HR Block inaccuracy?
Replies: 4
Views: 454

Back door roth, HR Block inaccuracy?

I think I'm seeing a slight inaccuracy in the HR Block calculation when going through the steps for a back-door Roth. I basically contributed 6500 to a traditional IRA this year, and then converted it to a Roth IRA after it sat for a short time in a Money Mkt fund. During that brief time before conv...
by jimmyq
Sun Feb 11, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 5334

Re: Family expecting “comps”

I remember similar discussions when I was looking into becoming a piano tuner many years ago (never happened, but it intrigued me at the time). Friends and family will sometimes have the expectation that you will give them a free or almost free tuning. But this is basically charity unless you are ge...
by jimmyq
Tue Feb 06, 2018 7:54 pm
Forum: Personal Consumer Issues
Topic: what to do with patent plaques and other work awards?
Replies: 45
Views: 3341

Re: what to do with patent plaques and other work awards?

I can tell you what I did with a few useless plaques... I disassembled them and recycled all the individual components. All the frames were made of aluminum (nicely recyclable), and the faces were generally either plastic or glass which I also recycled.
by jimmyq
Mon Feb 05, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 161
Views: 13474

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

I knew it was too good to be true, but it was fun while it lasted. I'm glad I didn't install it yet because my old version of Quicken is still good for 12 more months of downloads. I think Moneydance will likely be in my future in about a year.
by jimmyq
Sun Feb 04, 2018 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 161
Views: 13474

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Wow, that's an amazing deal. The link worked for me, too. Either it's a pricing error, or they are trying to get some of their customers back after drastically changing their pricing model. I double checked after the purchase, and my account now says that the "duration" of my Premier account is from...
by jimmyq
Wed Jan 24, 2018 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 7741

Re: Your bond allocation when you were 48

35% bonds when I was 48, just a few years ago
by jimmyq
Mon Jan 01, 2018 9:27 am
Forum: Personal Consumer Issues
Topic: Well pump froze; no water.
Replies: 11
Views: 1741

Re: Well pump froze; no water.

One of my neighbors had the lines freeze near their well in the winter, so they built a small enclosure around the well with an incandescent lightbulb inside which produces a bit of heat. Evidently this is just enough heat to keep the pipes from freezing around the well. This is a cheaper solution t...
by jimmyq
Sun Dec 31, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: help me optimize new snow tires
Replies: 30
Views: 1910

Re: help me optimize new snow tires

I'd consider swapping tires on the existing rims in the Spring. Then in the Fall, you can decide if you want to purchase a set of steel rims and have the winter tires mounted on them. If it doesn't cost too much to swap on the existing rims, you can always fall back to that option.
by jimmyq
Fri Dec 29, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Long-term cost of ownership: 1996 Honda Civic
Replies: 16
Views: 1643

Re: Long-term cost of ownership: 1996 Honda Civic

Thanks for the detailed write up. I also owned a 96 Civic, but parted ways with it almost four years ago after (only) 17 years of ownership. It was definitely a Boglehead car and very cheap to operate. Your numbers look about right to me. After about year #15 with my old Civic, I noticed the mainten...
by jimmyq
Wed Dec 13, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 80
Views: 9278

Re: Done gone and did it [Retire]

Congrats Earl!
I hope to follow in your footsteps in a few more years. I am jealous as I wish I had a nice pension benefit to help ease the transition, but alas, that is not in my future.