Search found 1836 matches

by bhsince87
Sat Nov 17, 2018 11:07 pm
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 11
Views: 1039

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

I think it's a good article. The question needs to be asked. But the answer will be different for different folks. There are probably some people who should hold on to those low yield I bonds. Others would absolutely be better served by swapping them out for higher yielding TIPS. How so? Who benefi...
by bhsince87
Fri Nov 16, 2018 7:14 pm
Forum: Investing - Theory, News & General
Topic: Sell 0% Fixed Rate IBonds and Buy TIPS?
Replies: 11
Views: 1039

Re: Sell 0% Fixed Rate IBonds and Buy TIPS?

I think it's a good article. The question needs to be asked. But the answer will be different for different folks.

There are probably some people who should hold on to those low yield I bonds. Others would absolutely be better served by swapping them out for higher yielding TIPS.
by bhsince87
Tue Nov 13, 2018 9:12 pm
Forum: Personal Consumer Issues
Topic: New phone suggestions? My LG V20 phone is kicking the bucket.
Replies: 22
Views: 1225

Re: New phone suggestions? My LG V20 phone is kicking the bucket.

I've settled into the pattern of buying one generation old Samsungs. The tech is usually "good enough" and the deals are good.

That would be a Samsung S8 right now.

Love the phone!
by bhsince87
Tue Nov 13, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to value retiree healthcare benefit
Replies: 20
Views: 1057

Re: How to value retiree healthcare benefit

A very sore topic for me! One reason I took my current job 18+ years ago was the promise of being able to continue health insurance coverage, on my dime, after age 50 until age 65. I thought I was set. But as others have mentioned, that "promise" was taken away a few years ago. , just as i turned 52...
by bhsince87
Tue Nov 13, 2018 12:27 pm
Forum: Personal Consumer Issues
Topic: Recommend Chrome ad-blocker
Replies: 60
Views: 3526

Re: Recommend Chrome ad-blocker

But with chrome on my Samsung galaxy phone, I have very poor results. This frustrates me to no end! Chrome Mobile version does not have extension support, so you can't install something like uBlock Origin. Firefox on mobile does have extenion/addon support, so you can install uBlock. Ahhh, that exp...
by bhsince87
Tue Nov 13, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Recommend Chrome ad-blocker
Replies: 60
Views: 3526

Re: Recommend Chrome ad-blocker

I have varying success across platforms. On chrome on my Windows 10 PC, ublock origin works great. I also have an auto play blocker, (can't remember the name) and it's a good comb. The same set up works fairly well on Chrome on my chromebook, but more stuff gets through. But with chrome on my Samsun...
by bhsince87
Sun Nov 11, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8620

Re: What's Your Fixed Income Strategy?

For the bonds, are these for selling (since their prices are not as volatile as equities thus retain value), or for dividends due to yield, or combination of both? Strategies for maintaining AR, maybe draw of equities when stocks high and draw off bonds when stocks low, or simply draw off cash and ...
by bhsince87
Sun Nov 11, 2018 5:57 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8620

Re: What's Your Fixed Income Strategy?

For the first 25+ years of my investing life, I was around 90-95% equities, with the rest in MMF (Prime). As I've transitioned toward early retirement at age 54-55, I have moved into FI BIGTIME! Currently, I have about 16 years of basic expenses covered in short to mid term bond funds, CDs and MMF. ...
by bhsince87
Sat Nov 10, 2018 7:33 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 45458

Re: Whats your number to walk away?

Well, mine WAS $1.5 million. Then 2 million. Then 3 million. At about 3.3, I think I'm finally going to do it! I felt the need to add $1million just to cover health insurance from age 54-55 to age 65. That must be some policy to cost 100k a year? I'm budgeting $40k per year (4%) for health care til...
by bhsince87
Sat Nov 10, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 45458

Re: Whats your number to walk away?

Well, mine WAS $1.5 million.

Then 2 million.

Then 3 million.

At about 3.3, I think I'm finally going to do it!

I felt the need to add $1million just to cover health insurance from age 54-55 to age 65.
by bhsince87
Sat Nov 10, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Selling I Bonds/Buying New I Bonds?
Replies: 9
Views: 1245

Re: Selling I Bonds/Buying New I Bonds?

I don't understand the benefit (if any) of selling one i-bond to buy another.

It seems like "wasting" tax advantaged space to me.

However, I guess if you don't have any new money to put into new i bonds, it could make sense.
by bhsince87
Sat Nov 10, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: Seeking Advice - Emergency Preparedness
Replies: 56
Views: 3297

Re: Seeking Advice - Emergency Preparedness

If you have nat gas, and can afford it, the automatic backup generator is the way to go. Be aware that it might need to be cleared of snow if it is drifting. As others have mentioned, a friendly neighbor could help with that (along with an occasional $20 bill) A cheaper alternative for heating is a ...
by bhsince87
Fri Nov 09, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Early Retirement and Asset Allocation
Replies: 20
Views: 1965

Re: Early Retirement and Asset Allocation

I've thought long and hard about this myself. I'll retire at 54 or 55 in a year or two. I eventually decided on a sort of liability matching portfolio, combined with a bucket approach. I wanted 16 years of basic living expenses in bonds, to cover expenses until Social Security at age 70. And whateve...
by bhsince87
Wed Nov 07, 2018 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: [Looking to keep taxable yields down]
Replies: 11
Views: 721

Re: [Looking to keep taxable yields down]

So the plan is to do this temporarily for 2 years, then switch back to a normal allocation? And how much $ are we talking about? It might make sense to pull as much out of the market and bonds as necessary and just park it into low yield bank accounts and/or CDs until he hits 65. I'm working through...
by bhsince87
Wed Nov 07, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: 1/3 of Baby Boomers have no retirement savings...
Replies: 77
Views: 8115

Re: 1/3 of Baby Boomers have no retirement savings...

lol. werent they saying there would be a run on the index market as boomers pulled out their money and spent it all? good work there older generation. That idea that Boomers would suddenly be pulling their money out of index funds was always specious. No one empties their accounts as soon as they h...
by bhsince87
Wed Nov 07, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: Investments with zero yield
Replies: 41
Views: 3492

Re: Investments with zero yield

I think you're letting the tax tail wag the dog...... I'm in the same boat as the OP. And I sometimes hear that argument. But for "cliff" situation, such as the ACA, it can be a very big deal. I'm planning for early retirement, and I will need to pull from a taxable account for 6 years or so. Based...
by bhsince87
Tue Nov 06, 2018 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7439

Re: Never thought of living in Bay Area but just got a call from Tesla

I have an electrical engineer friend who lives in Fremont. He worked at Western Digital for years. 15 minute commute! He is a huge Tesla fan, was in line for a Model 3, and got recruited for a job there. Of course he took it. He bailed after the obligatory 18 months. But he's been reluctant to say w...
by bhsince87
Tue Nov 06, 2018 3:01 pm
Forum: Investing - Theory, News & General
Topic: Investments with zero yield
Replies: 41
Views: 3492

Re: Investments with zero yield

I think you're letting the tax tail wag the dog...... I'm in the same boat as the OP. And I sometimes hear that argument. But for "cliff" situation, such as the ACA, it can be a very big deal. I'm planning for early retirement, and I will need to pull from a taxable account for 6 years or so. Based...
by bhsince87
Sun Nov 04, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: Question on the 4% withdrawal rule
Replies: 66
Views: 4355

Re: Question on the 4% withdrawal rule

I have a quick question on the 4% rule. From what I understand this rule states that one can withdraw 4% of the portfolio in the first year of retirement and then increase 4% by inflation and that the portfolio would last your lifetime. No, 4% is just a planning number, useful to answer the questio...
by bhsince87
Fri Nov 02, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Falling off the ACA subsidy cliff
Replies: 62
Views: 4936

Re: Falling off the ACA subsidy cliff

I think I may end up falling off the ACA subsidy cliff. My best estimate puts me $4-6K above the 400% poverty line. I'm on an ACA plan and have been getting the subsidies amounting to almost $1500 per month. So 2 questions: 1) If I am over the 400% line, I'm required to repay the ENTIRE subsidy, no...
by bhsince87
Fri Nov 02, 2018 12:30 pm
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9281

Re: no dividends in index funds!

When i read the title to this thread, I thought, "Yay! another person like me is looking for an index fund that doesn't pay dividends!" Alas, no. At one point, I actually researched starting up such a fund. I think there would be a market for it. For folks who want or NEED to control their yearly in...
by bhsince87
Fri Nov 02, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: An extreme example of inflation and a mortgage
Replies: 37
Views: 3188

Re: An extreme example of inflation and a mortgage

To take this a step further, 1) Is it worth it to pay PMI to borrow more mortgage upfront? Invest the saved down payment? 2) Would you advise refinancing and taking out equity every so often to stretch the mortgage out over your lifetime? 1) Sometimes. Just calculate the interest rate with PMI bake...
by bhsince87
Thu Nov 01, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7623

Re: I Bond fixed rate = 0.5%

What is the advantage of cashing in an older I bond to buy a new one? Wouldn't you be better off to use other cash to buy a new one? Seems like you are "wasting" tax advantaged space with the $10k limit. I can see if you are in the decumulation stage it would make sense. In my case, I bonds are a t...
by bhsince87
Thu Nov 01, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate = 0.5%
Replies: 86
Views: 7623

Re: I Bond fixed rate = 0.5%

What is the advantage of cashing in an older I bond to buy a new one?

Wouldn't you be better off to use other cash to buy a new one?


Seems like you are "wasting" tax advantaged space with the $10k limit.

I can see if you are in the decumulation stage it would make sense.
by bhsince87
Thu Nov 01, 2018 9:43 am
Forum: Investing - Theory, News & General
Topic: An extreme example of inflation and a mortgage
Replies: 37
Views: 3188

Re: An extreme example of inflation and a mortgage

I wouldn't say this is "hidden". I've included inflation effects in my mortgage calculating spreadsheets since the mid 1980's. It's also why I've always advocated for 30 year fixed rate mortgages with no early payments. It's almost heads I win/tails you lose. If inflation outpaces the mortgage rate,...
by bhsince87
Thu Nov 01, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 11013

Re: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?

Hello, From a financial standpoint, or achieving financial independence, is it better to live in a HCOL or LCOL area? A relative just moved to Nashville area after spending his whole career in Southern California, and now it seems he can retire so comfortably in the lower cost of living area that N...
by bhsince87
Mon Oct 29, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: Is the growing national debt a reason to diversify with international?
Replies: 33
Views: 3399

Re: Is the growing national debt a reason to diversify with international?

Some folks would argue that it's a good reason to invest MORE in the us!
by bhsince87
Sun Oct 28, 2018 8:38 pm
Forum: Personal Consumer Issues
Topic: Getting depressed with all this saving. :-(
Replies: 38
Views: 6386

Re: Getting depressed with all this saving. :-(

$100k hi-fi?

I'm not exactly feeling your pain here...
by bhsince87
Fri Oct 26, 2018 5:53 pm
Forum: Investing - Theory, News & General
Topic: Compounding interest?
Replies: 51
Views: 5315

Re: Compounding interest?

Here's Investopedia's explanation of the term compounding . It doesn't rely on there being interest, or even dividends. The first example in the link shows that clearly. Compounding means this period's return (whatever period you choose) starts from the end point of the previous period's return. PJ...
by bhsince87
Fri Oct 26, 2018 12:13 pm
Forum: Investing - Theory, News & General
Topic: Compounding interest?
Replies: 51
Views: 5315

Re: Compounding interest?

There is an effect that I would call compounding that works even with stocks. Although I might not technically be correct. For example, I remember a year where I had a 20% gain in my $250k portfolio. So I "made" $50k, which was just about the same amount I was saving per year. Nice! Fast forward 15-...
by bhsince87
Wed Oct 24, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Question about the 4% rule
Replies: 27
Views: 2427

Re: Question about the 4% rule

The 4% "rule" doesn't assume any particular return.

It is based on the fact that a 4% withdrawal would have worked ( never ran out of money) in every 30 year period in modern history.

That does not necessarily mean it will work in every 30 year period going forward.
by bhsince87
Wed Oct 24, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Kitces link: The Spectrum of Financial Dependence and Independence
Replies: 30
Views: 3554

Re: Kitces link: The Spectrum of Financial Dependence and Independence

I guess I'm bouncing around in the 14 and 15 area.

Still "working for the man", but I don't really need to at this point.

I'm essentially working for a beach house now!
by bhsince87
Tue Oct 23, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: Making loose leaf tea
Replies: 32
Views: 1670

Re: Making loose leaf tea

I use a simple 1 quart Pyrex measuring cup and a small hand held fine mesh strainer to pour the tea from measuring cup to drinking cup. I drink a lot of loose leaf tea, mostly aged pu'erh style tea. Steeping overnight is a bad idea. It is not a good idea to over steep/brew tea as most tea will rele...
by bhsince87
Tue Oct 23, 2018 9:59 am
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7705

Re: For those who paid off house - how did you do it?

#2

After losing my job unexpectedly at age 33, I learned the value of liquidity.

When you send in that hard earned cash as an extra mortgage payment, it is essentially locked away until you sell the house.
by bhsince87
Sun Oct 21, 2018 11:00 pm
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 55
Views: 5894

Re: Too Much APPL Stock

TravelforFun wrote:
Sun Oct 21, 2018 10:57 pm
bhsince87 and Nicolas, My bad. I misread the chart as revenue per second.

TravelforFun
Easy mistake to make. ENjoy your week ahead!
by bhsince87
Sun Oct 21, 2018 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: Retire now or in the Spring. - changing work conditions
Replies: 35
Views: 3652

Re: Retire now or in the Spring. - changing work conditions

You can quit now. But still, why make any sudden moves? Do you have any benefits that re-set on Jan 1? Like vacation, health insurance, pension? And how much vacation do you have now? Maybe you can cover the last few weeks in December and still officially quit in January 2019. And if the change occu...
by bhsince87
Sun Oct 21, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: Too Much Apple [AAPL] Stock
Replies: 55
Views: 5894

Re: Too Much APPL Stock

The death knell for Sears was at least a couple of decades ago. Apple is a long way from any death knell at the moment. I agree, but would people who owned a bucket full of Sears have known when to sell? I suspect not. People who sold probably sold at a loss and people who held on now have penny st...
by bhsince87
Sun Oct 21, 2018 4:57 pm
Forum: Personal Consumer Issues
Topic: Why Purchase an Automobile using Premium Gasoline?
Replies: 68
Views: 3079

Re: Why Purchase an Automobile using Premium Gasoline?

What most of the people in this thread are missing is, that since the US government has been pushing CAFE standards higher and higher, the only way the OEMs can meet the mandatory fleet requirements is to produce an increasing number of vehicles using smaller and more efficient engines/technology, ...
by bhsince87
Sun Oct 21, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: 8 reasons why pensions are [good]
Replies: 67
Views: 5640

Re: 8 reasons why pensions are [good]

I was absolutely THRILLED when my employer ditched the defined benefit plan and switched to defined contribution 401k. I knew I could do much better in the future by contributing more of my own funds, and that I couldn't be defrauded out of future commitments. But best of all, my "pension fund" beca...
by bhsince87
Sun Oct 21, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: Why Purchase an Automobile using Premium Gasoline?
Replies: 68
Views: 3079

Re: Why Purchase an Automobile using Premium Gasoline?

Automobiles using regular, unleaded gasoline typically, I think, get better mileage and have comparable torque and acceleration in my experience. Oh really, please tell me any cars that use regular, unleaded that can go 0-60 in less than 4.5 seconds? Right. A Mustang GT, for instance, will get you ...
by bhsince87
Fri Oct 19, 2018 9:21 pm
Forum: Personal Consumer Issues
Topic: Cross-country trip via Amtrak
Replies: 58
Views: 5647

Re: Cross-country trip via Amtrak

If I recall correctly, a few years ago, poster here did a sort of real time, rolling story of his journey across the country on train.

I can't seem to find it though. :(
by bhsince87
Fri Oct 19, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: Inflating AGI to avoid paying back ACA Premium Tax Credit
Replies: 42
Views: 3877

Re: Inflating AGI to avoid paying back ACA Premium Tax Credit

Not to derail the thread, but do some folks think that not taking all deductions you're entitled to is unethical? Or even illegal?

Such a thought never occurred to me.
by bhsince87
Fri Oct 19, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: So...what’s Plan B [for your retirement security]?
Replies: 32
Views: 3522

Re: So...what’s Plan B [for your retirement security]?

A federally backed reverse mortgage is plan B for me. Any time after age 62 if we have a bad sequence of returns. Other than that, we can live fairly well on Social Security alone, if need be. IMO, the talk of eating dog food is ridiculous in the US. Barring mental issues, I guess. I have an acquain...
by bhsince87
Tue Oct 16, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Inflating AGI to avoid paying back ACA Premium Tax Credit
Replies: 42
Views: 3877

Re: Inflating AGI to avoid paying back ACA subsidies

For income tax purposes, the deductions are optional. There are a few we've never taken because of the record keeping headaches. I would assume that would apply to AGI tests as well. But it probably comes up so infrequently that I wouldn't be surprised if there are no clear rules on it. I kinda doub...
by bhsince87
Mon Oct 15, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 19477

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

If your objective is to translate decades of "saving for retirement" into retirement income, the medium and low inflation adjusted SWR's (3-4%) lack much utility, other than providing a pretty good stake in the richest person in the graveyard contest. Here's 5% of annual portfolio balance spend wit...
by bhsince87
Mon Oct 15, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13775

Re: Correlation between the FIRE movement and one of the greatest bull markets

...us mere mortals who want to contribute more to this world than earning $1M then stopping. From what I've seen many don't "stop". In fact they're probably contributing "more to this world" after becoming financially independent. Yeah, but if they're blogging or consulting or whatever for money, t...
by bhsince87
Mon Oct 15, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13775

Re: Correlation between the FIRE movement and one of the greatest bull markets

I think this explains the rather dismal outlook of the 2000 "early retiree" cohort: https://earlyretirementnow.com/2017/01/18/the-ultimate-guide-to-safe-withdrawal-rates-part-6-a-2000-2016-case-study/ I find that post interesting insofar as the data seems to go AGAINST their very own conclusions. F...
by bhsince87
Sun Oct 14, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to get a Federal Job
Replies: 22
Views: 3024

Re: Trying to get a Federal Job

Yes, less of your annuity will be taxable when you have to contribute more. But you are stuck with 4.8% regardless, so comparisons to options that aren’t available aren’t really relevant. I agree - I've just seen a lot of comments say it's not worth going into federal employment anymore specificall...
by bhsince87
Sun Oct 14, 2018 1:29 pm
Forum: Investing - Theory, News & General
Topic: Has the US bull become addicted to corporate buybacks?
Replies: 16
Views: 1593

Re: Has the US bull become addicted to corporate buybacks?

In the big picture, "wasting" money on buybacks is no different than "wasting" money on dividends. But for many shareholders, the buy backs offer a tax advantage. And what exactly does this mean?: "4. Q418 looks to be HUGE for buybacks, so some will recommend you buckle-up." If it's going to be huge...