Search found 4664 matches

by TheTimeLord
Tue Nov 21, 2017 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 184
Views: 14720

Re: Why NOT make more money?

Example: Honda Accord = quality vs vs BMW 535i = luxury Lexus ES 350 = Both I'm literally saying that luxury doesn't interest me. The definition of luxury isn't the same for everyone, though. In any case, good enough is definitely enough for me. I get luxury doesn't interest you but you say quality...
by TheTimeLord
Tue Nov 21, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 184
Views: 14720

Re: Why NOT make more money?

I'm serious! I am sure you are I just don't understand what it means unless you are saying time is quality and money is luxury or that quality items costs less than luxury. Thus your comments confuses me. Example: Honda Accord = quality vs vs BMW 535i = luxury Lexus ES 350 = Both I'm literally sayi...
by TheTimeLord
Tue Nov 21, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Are you your own worse enemy when it comes to investing?
Replies: 22
Views: 1134

Re: Are you your own worse enemy when it comes to investing?

Reading through all the various threads on the market is about to crash, liability matching won't work or a comet will hit the earth the day after you retire so quit now, has made me begin to wonder. Are most of the problems we face as investors real or fabrications we create to justify the way we ...
by TheTimeLord
Tue Nov 21, 2017 8:29 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 70
Views: 3867

Re: What are the things you want to do between 55 and 65?

There are also psychological factors. If you retire early, you have self-expectation to use your time to the fullest. If you retire late, you feel that you "deserve" to vegetate in front of TV. The former prolongs your life and enhances its quality; the latter does not. Victoria I have seen researc...
by TheTimeLord
Tue Nov 21, 2017 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Are you your own worse enemy when it comes to investing?
Replies: 22
Views: 1134

Re: Are you your own worse enemy when it comes to investing?

Reading through all the various threads on the market is about to crash, liability matching won't work or a comet will hit the earth the day after you retire so quit now, has made me begin to wonder. Are most of the problems we face as investors real or fabrications we create to justify the way we ...
by TheTimeLord
Tue Nov 21, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 105
Views: 4739

Re: Why not take Social Security at 62

Despite the advantages of waiting until 70 this report suggests that almost no one does. http://crr.bc.edu/wp-content/uploads/2015/05/IB_15-8.pdf Only 4% of women and 2% of men wait that long. Presumably they're all Bogleheads :D Almost half claim at 62. Make of that what you will. I plan to start ...
by TheTimeLord
Tue Nov 21, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 105
Views: 4739

Re: Why not take Social Security at 62

In addition to what has been posted, there is an advantage to waiting in the way of survivor benefits if you have a lower earning spouse. Based on family history, I will probably pass long before my wife. Even though we have a very adequate portfolio of investments, by waiting to 70, she will recei...
by TheTimeLord
Tue Nov 21, 2017 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 184
Views: 14720

Re: Why NOT make more money?

Because I love quality but hate luxury. :oops: :confused :oops: :confused :oops: I'm serious! I am sure you are I just don't understand what it means unless you are saying time is quality and money is luxury or that quality items costs less than luxury. Thus your comments confuses me. I guess he ju...
by TheTimeLord
Tue Nov 21, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 184
Views: 14720

Re: Why NOT make more money?

Because I love quality but hate luxury. :oops: :confused :oops: :confused :oops: I'm serious! I am sure you are I just don't understand what it means unless you are saying time is quality and money is luxury or that quality items costs less than luxury. Thus your comments confuses me. Example: Hond...
by TheTimeLord
Tue Nov 21, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 105
Views: 4739

Re: Why not take Social Security at 62

Would anybody's opinion change if we were in a bear market and the money was going to be invested in the market?
by TheTimeLord
Tue Nov 21, 2017 8:49 am
Forum: Investing - Theory, News & General
Topic: How long does it take a losing company to shutdown?
Replies: 16
Views: 802

Re: How long does it take a loosing company to shutdown?

BogleMelon wrote:
Tue Nov 21, 2017 8:32 am
My company has been loosing money for about a year now, I am worried and was thinking they won't be loosing money forever. How long usually companies stay in the market till the give up?
Do they have negative cash flow?
by TheTimeLord
Tue Nov 21, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 184
Views: 14720

Re: Why NOT make more money?

I am planning my 1st one-week vacation in 2018 (another thread), which comes around $5k. So I only can do such vacations in two week time, why should I even consider retire? Stay home and watch TV? The only two things you can think to do in retirement is travel and watch TV? You probably shouldn't ...
by TheTimeLord
Tue Nov 21, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Why not take Social Security at 62
Replies: 105
Views: 4739

Re: Why not take Social Security at 62

Personally, I think this more a question of why you are taking it than the math because the math is pretty well established and the vast majority of us don't know how long we will live. So why are you taking it early? Does taking it early enable you to do something you value a lot and don't expect t...
by TheTimeLord
Tue Nov 21, 2017 7:57 am
Forum: Investing - Help with Personal Investments
Topic: Are you your own worse enemy when it comes to investing?
Replies: 22
Views: 1134

Re: Are you your own worse enemy when it comes to investing?

I like the idea of investing steadily. That is a great plan and one worth doing. Now comes the question to look at the statements or not. I think there has to be a happy medium somewhere. If you look too closely you can easily become your own worst enemy, no doubt. If you don't look at all you can ...
by TheTimeLord
Tue Nov 21, 2017 7:47 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity/iShares equivalents for Vanguard Funds/ETFs
Replies: 2
Views: 185

Re: Fidelity/iShares equivalents for Vanguard Funds/ETFs

I believe ITOT = VTI. And while I use iShares in my Fidelity account (as I see no advantage to Vanguard ETFs) I would assume the commission to buy a Vanguard ETF would be $4.95 not $75. https://www.fidelity.com/why-fidelity/pricing-fees $0 per trade for commission-free purchases of select Fidelity a...
by TheTimeLord
Tue Nov 21, 2017 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Are you your own worse enemy when it comes to investing?
Replies: 22
Views: 1134

Are you your own worse enemy when it comes to investing?

Reading through all the various threads on the market is about to crash, liability matching won't work or a comet will hit the earth the day after you retire so quit now, has made me begin to wonder. Are most of the problems we face as investors real or fabrications we create to justify the way we w...
by TheTimeLord
Tue Nov 21, 2017 7:39 am
Forum: Investing - Theory, News & General
Topic: Liability Matching Portfolio? Really?
Replies: 92
Views: 14194

Re: Liability Matching Portfolio? Really?

There is no such thing as a more or less "safe" asset in the longer term. Thus, the perception that it is possible to "quit the game" is a dangerous illusion. The only choice one has is how much to allocate to various types of risk. I believe it is a good idea to diversify in this sense. There are ...
by TheTimeLord
Tue Nov 21, 2017 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 184
Views: 14720

Re: Why NOT make more money?

Because I love quality but hate luxury. :oops: :confused :oops: :confused :oops: I'm serious! I am sure you are I just don't understand what it means unless you are saying time is quality and money is luxury or that quality items costs less than luxury. Thus your comments confuses me.
by TheTimeLord
Mon Nov 20, 2017 11:16 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 70
Views: 3867

Re: What are the things you want to do between 55 and 65?

A lot of emphasis on "doing", just like in a job, where the doing is seemingly Sisyphean. While I'm definitely "doing" what my heart desires in retirement, I'm also spending a whole lot of time just "being", and I gotta tell ya, nothing beats it. The joy of being free to read outdoors at the city's...
by TheTimeLord
Mon Nov 20, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 70
Views: 3867

Re: What are the things you want to do between 55 and 65?

A lot of emphasis on "doing", just like in a job, where the doing is seemingly Sisyphean. While I'm definitely "doing" what my heart desires in retirement, I'm also spending a whole lot of time just "being", and I gotta tell ya, nothing beats it. The joy of being free to read outdoors at the city's...
by TheTimeLord
Mon Nov 20, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Why NOT make more money?
Replies: 184
Views: 14720

Re: Why NOT make more money?

3funder wrote:
Mon Nov 20, 2017 3:45 pm
Because I love quality but hate luxury.
:oops: :confused :oops: :confused :oops:
by TheTimeLord
Mon Nov 20, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: What percentage of your annual expenditures are you targeting for travel once you are retired?
Replies: 19
Views: 1168

What percentage of your annual expenditures are you targeting for travel once you are retired?

What percentage of your annual expenditures are you targeting for travel once you are retired? In our case it is looking like somewhere in the 25%-35% range if we followthrough on plans.
by TheTimeLord
Sun Nov 19, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 88
Views: 4484

Re: How much do you budget for vacation?

How much do you budget for vacation? Whatever it takes. :twisted: (Sorry, that was a bit snarky, wasn't it?) I just retired, and DW will be retiring in a couple of years. We tentatively plan to hit some "bucket list" spots in the next decade, so I tentatively budget for a "lesser" and "greater" tri...
by TheTimeLord
Sun Nov 19, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

jebmke wrote:
Sun Nov 19, 2017 2:26 pm
TheTimeLord wrote:
Sun Nov 19, 2017 2:21 pm
We certainly plan to transition before that point.
This makes it sound like you are going to off yourself. :P
LOL, transition from a stand alone home to Independent/Assisted Living.
by TheTimeLord
Sun Nov 19, 2017 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

I thought LTC insurance only paid for the medical treatment aspects of assisted living (could be wrong). From experience the range of services and costs associated with assisted living varies greatly and usually progress with length of stay. It just doesn't seem logical to me that an insurance poli...
by TheTimeLord
Sun Nov 19, 2017 1:31 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2936

Re: Confused about cash and retirement - isn't this really about market timing?

This entire thread confuses me because different posters seem to mean different things by the word "cash." When people say they have four years of cash, I surely hope that they are not holding four years of expenses in a standard savings account or even a money market account. It seems wasteful for...
by TheTimeLord
Sun Nov 19, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2936

Re: Confused about cash and retirement - isn't this really about market timing?

I would say that most of what people call cash really is not earning more than 1.5% these days. And that makes me sad. A 12-month CD earns more than 1.5%. If the "cash" is for expenses covering a period longer than 12 months, why not put it in a 12-month CD? Seems inconsistent to have a Boglehead i...
by TheTimeLord
Sun Nov 19, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2936

Re: Confused about cash and retirement - isn't this really about market timing?

This entire thread confuses me because different posters seem to mean different things by the word "cash." When people say they have four years of cash, I surely hope that they are not holding four years of expenses in a standard savings account or even a money market account. It seems wasteful for...
by TheTimeLord
Sun Nov 19, 2017 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

But I absolutely view the home equity as part of the solution for long term care; e.g. I move to something like assisted living, and use sale proceeds of house to fund it. So, do I have LTC insurance? Sort of -- equity in the house would pay for about four years of assisted living in my area. Depen...
by TheTimeLord
Sun Nov 19, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: is Amazon a monopoly?
Replies: 15
Views: 676

Re: is Amazon a monopoly?

...or, could it eventually be deemed one? Heard a snip this week that " ...Amazon accounts for $0.44 of every $1 spent online ". Have read/heard similar things over the past few years - example from Feb 2017 . At what point is a company like this considered a monopoly where its broken up? what is t...
by TheTimeLord
Sun Nov 19, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2936

Re: Confused about cash and retirement - isn't this really about market timing?

But that's exactly the point. I don't need that cash to "perform" - the rest of my portfolio does the heavy lifting. +1 Retirees who "have enough" let's say can live on 2% or less yearly draw are in a different place. Their need to take risk is much less because the need for growth is less. Everyon...
by TheTimeLord
Sun Nov 19, 2017 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

No I do not. However, I do account on the expense side what projected upgrades/maintenance may be required over the years that I remain here. If I had to plan to use my home as a source for retirement income, I would further refine my plan to remove it from the equation. Additionally, I've moved en...
by TheTimeLord
Sun Nov 19, 2017 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

But I absolutely view the home equity as part of the solution for long term care; e.g. I move to something like assisted living, and use sale proceeds of house to fund it. So, do I have LTC insurance? Sort of -- equity in the house would pay for about four years of assisted living in my area. Depen...
by TheTimeLord
Sat Nov 18, 2017 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2716

Re: What we don't know

We really don't know anything when it comes to investing,do we?Almost daily I see posts on Bogleheads that make me feel this way Which is better a CD ladder or bond fund,with interest rates this low? Which is better index funds or a low cost managed fund (Wellington,Wesley,Primecap...)? Am I saving...
by TheTimeLord
Sat Nov 18, 2017 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

wander wrote:
Sat Nov 18, 2017 4:37 pm
Selling our house is the last option if our retirement money is running out. It is nice to have a safety net, but when planning for retirement we exclude the house.
Sounds like you plan for it, you just plan for it off book and don't reflect it in your formal plan.
by TheTimeLord
Sat Nov 18, 2017 8:31 pm
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 151
Views: 9983

Re: The 4% rule DOES fail but still makes sense!

^ how does RMD work with 4% SWR when most of our retirement assets are in IRAs? Just because you withdraw it from your IRA doesn't mean you can't turn around and re-invest it in your taxable accounts. Doesn't the 4% rule just say you can spend up to 4% of your original portfolio's balance at retire...
by TheTimeLord
Sat Nov 18, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

For me the importance lies in my wanting to maximize what I can spend in the first 10 years of retirement. Including or not including the sale of the house is material to the amount I would have available. Everyone has different priorities. Well, I don't have any plans to spend as much as possible....
by TheTimeLord
Sat Nov 18, 2017 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

No. Then again, its value is small compared to investments. Selling it would be part of contingent planning for extended long-term health care, as my POA could sell it and use the money for that as needed. No one knows the future, so I don't see any point to specific planning like that for events 2...
by TheTimeLord
Sat Nov 18, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2936

Re: Confused about cash and retirement - isn't this really about market timing?

I saw people mentioning CD for retirement investing. This is the presentation I did for South Bay Bogleheads this week about the use of CD during retirement. https://drive.google.com/file/d/1UWtp_SQ5ZkNnzw6oRrYHAXN6959D-54-/view?usp=sharing In what is believed to be a rising interest rate environme...
by TheTimeLord
Sat Nov 18, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2936

Re: Confused about cash and retirement - isn't this really about market timing?

From that perspective then the problem is with what each individual defines as "cash" and your knowledge of the return they are receiving on that "cash". I don't believe I have seen a large number of posts suggesting people are pulling out money and piling it under their mattresses. In my case whil...
by TheTimeLord
Sat Nov 18, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: WSJ commentary about declining # of publicly traded companies
Replies: 40
Views: 3157

Re: WSJ commentary about declining # of publicly traded companies

While index funds don't, some Mutual Funds carry shares of privately held companies. I was looking at a Fidelity funds that has outperformed the S&P for over a decade and noticed one of its top holdings was UBER. Fidelity Contrafund (FCNTX) The Fidelity Contrafund (“FCNTX”) is one of the most aggres...
by TheTimeLord
Sat Nov 18, 2017 10:54 am
Forum: Investing - Help with Personal Investments
Topic: Confused about cash and retirement - isn't this really about market timing?
Replies: 38
Views: 2936

Re: Confused about cash and retirement - isn't this really about market timing?

Bernstein Says Stop When You Win The Game https://www.whitecoatinvestor.com/bernstein-says-stop-when-you-win-the-game/ While this approach smacks of market timing, it’s entirely based on past performance, not future performance and so requires no predictive ability. He’s just suggesting that your g...
by TheTimeLord
Sat Nov 18, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

What I think I am hearing is most don't see themselves utilizing independent or assisted living facilities, only more traditional LTC or skilled nursing. I find this consistent with my relatives but I have also observed that once in either independent or assisted living their attitudes changed and ...
by TheTimeLord
Sat Nov 18, 2017 10:10 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

No. It would be cutting things too close for my comfort. j :D Not sure why it makes you cut anything closer, you don't have to plan on spending the proceeds of the sale just recognize their existence. But I can understand if people are worried about overvaluing their property in their plan or anoth...
by TheTimeLord
Sat Nov 18, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

What I think I am hearing is most don't see themselves utilizing independent or assisted living facilities, only more traditional LTC or skilled nursing. I find this consistent with my relatives but I have also observed that once in either independent or assisted living their attitudes changed and t...
by TheTimeLord
Sat Nov 18, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

I view it as a neutral. We'll either be living in a paid off house/condo or using the proceeds from selling a home to pay rent. Either way housing costs are covered up until we need years of specialized care which would then be funded out of investments and retirement income (e.g. dividends, SS). I...
by TheTimeLord
Sat Nov 18, 2017 9:32 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

I don't include anything that can't be converted to cash within a short period of time (say, less than a week). That would only seem to matter if you needed the money within a week. If you planned to sell your home 5 years or more years before you would ever use the money why would it matter if you...
by TheTimeLord
Sat Nov 18, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Re: Do you include the sale of your home as part of your retirement planning?

No I do not. However, I do account on the expense side what projected upgrades/maintenance may be required over the years that I remain here. If I had to plan to use my home as a source for retirement income, I would further refine my plan to remove it from the equation. Additionally, I've moved en...
by TheTimeLord
Sat Nov 18, 2017 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3271

Do you include the sale of your home as part of your retirement planning?

Do you include the sale of your home as part of your retirement planning? As part of my retirement plan I include the sale of my home in my 80s. I show it being converted to cash at its inflation adjusted purchase price. In Firecalc, I show the sale as a one time event. I include the value of my hom...