Search found 880 matches

by goblue100
Thu May 23, 2019 12:42 pm
Forum: Personal Investments
Topic: Retirement goal seems far away
Replies: 25
Views: 1959

Re: Retirement goal seems far away

Be careful that you do not wish your life away. It was spring, but it was summer I wanted, The warm days, and the great outdoors. It was summer, but it was fall I wanted, The colorful leaves, and the cool, dry air. It was fall, but it was winter I wanted, The beautiful snow, and the joy of the holi...
by goblue100
Wed May 22, 2019 9:02 am
Forum: Personal Finance (Not Investing)
Topic: I evaluated taking SS at age 62 versus age 70
Replies: 67
Views: 4860

Re: I evaluated taking SS at age 62 versus age 70

investingdad wrote:
Wed May 22, 2019 8:31 am

Some starting data:
- I'm 45
- will stop working at 54
i'm all for long term planning, but I suggest looking at this in about 15 years.
by goblue100
Wed May 22, 2019 6:11 am
Forum: Personal Finance (Not Investing)
Topic: How much house (% of NW) should a retiree have?
Replies: 16
Views: 1903

Re: How much house (% of NW) should a retiree have?

I'm just wondering if there is any general guideline as to how much house, as a percentage of net worth, a retiree should have. My inclination is to get a place roughly comparable to my current one. But would it be wise to aim higher... $400K, maybe, or more? I don't know if there is a rule of thum...
by goblue100
Tue May 21, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: What to do when you have enough?
Replies: 31
Views: 3926

Re: What to do when you have enough?

The simple answer is to set up 3.5% withdrawal plan. That should last her at least 50 years. You can get a lot more complicated than that depending on how "huge" the amount is and her desires on what to do with money.
by goblue100
Tue May 21, 2019 10:32 am
Forum: Personal Investments
Topic: Retirement goal seems far away
Replies: 25
Views: 1959

Re: Retirement goal seems far away

RickBoglehead wrote:
Tue May 21, 2019 10:27 am
3,650 days to go, 3,650 days. You take one down, pass it around, 3,649 days to go.

3,649 days to go, 3,649 days. You take one down, pass it around, .... :twisted:
I talk a better game then I play, but remember, it's not the destination. It's the journey.
by goblue100
Tue May 14, 2019 7:36 am
Forum: Personal Investments
Topic: refusing inheritance
Replies: 45
Views: 5000

Re: refusing inheritance

4. my friend's sibling on the other hand has fared poorly financially, and it will make a big difference assuming the parents cannot be convinced of modifying the split, is there something the friend can do to ensure it goes to his sibling without triggering tax issues? (for example it seems like t...
by goblue100
Tue May 14, 2019 7:26 am
Forum: Personal Consumer Issues
Topic: PSA: Do you have working carbon monoxide detectors?
Replies: 44
Views: 2335

Re: PSA: Do you have working carbon monoxide detectors?

As per the National Fire Protection Association https://www.nfpa.org/Public-Education/By-topic/Fire-and-life-safety-equipment/Carbon-monoxide CO alarms should be installed in a central location outside each sleeping area and on every level of the home and in other locations where required by applic...
by goblue100
Tue May 14, 2019 7:15 am
Forum: Investing - Theory, News & General
Topic: When does it make sense to have an FA?
Replies: 4
Views: 422

Re: When does it make sense to have an FA?

I'm likely to sign up with Vanguard PAS at some point. I have a totally non interested spouse and need to protect against my demise. Several of the reasons you listed are good as well. My spouse does know to contact PAS if something happens to me.
by goblue100
Mon May 13, 2019 12:13 pm
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10314

Re: Does your retirement plan work if stocks are flat or in decline for decades?

So my question is will your retirement plan work if stocks do not at least outperform bonds for the duration of your retirement or worse yet have returns below 0% real? Or another way to put it does your retirement plan have a contingency for stocks being flat or declining throughout your retiremen...
by goblue100
Sat May 11, 2019 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Continue working for benefit of adult children or retiring earlier?
Replies: 87
Views: 6122

Re: Continue working for benefit of adult children or retiring earlier?

For me it's not as cut and dried as you make it sound in your question. I've had the thought that by continuing to work I'm just making a larger estate for my daughter (25, married, and "launched"). However, I could be protecting myself from some unexpected downturn in fortune as well. I make better...
by goblue100
Thu May 09, 2019 1:26 pm
Forum: Personal Investments
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 200
Views: 9773

Re: What is your U.S./ex-U.S. stock allocation?

Chris K Jones wrote:
Mon Mar 18, 2019 9:18 pm
80% US: 20% ex US
This.
by goblue100
Thu May 09, 2019 6:31 am
Forum: Investing - Theory, News & General
Topic: Imperfect market timing still works -- if you stick with it
Replies: 149
Views: 10768

Re: Imperfect market timing still works -- if you stick with it

Howdy I am lazy, inattentive, slothful, suspicious of even minor complexity and like to nap. Buy and hold is the only possible option for me. WB :thumbsup And if properly measured over the same time period, you're certain to do better than half the money that attempts to jump in and out of the same...
by goblue100
Wed May 08, 2019 8:07 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 271
Views: 32333

Re: Roll Call for the Retirement Class of 2019!

Hi Zonian59 - welcome to the Retirement Class of 2019 :happy We will call you a June/July graduate and please provide any corrections. Very touching post about your employment layoff and your mother's health deteriorating. I sincerely admire your "The last few years haven't been easy, but that's ho...
by goblue100
Wed May 08, 2019 7:27 am
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 219
Views: 23461

Re: What is your AA, given your age? and, Why?

The home is also the reason for the net asset allocation. The home will provide me a place to live at a low cost; however, for the next 11 years, I will be paying a fixed amount of money to the bank. Bonds which provide me enough money to make that mortgage payment cannot also contribute to my reti...
by goblue100
Tue May 07, 2019 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you donate?
Replies: 100
Views: 7168

Re: How much do you donate?

Very little. Maybe when I get to closer to the end I will increase the amount.
by goblue100
Fri May 03, 2019 2:51 pm
Forum: Investing - Theory, News & General
Topic: Scott Burns: the Simplicity Manifesto
Replies: 13
Views: 2487

Re: Scott Burns: the Simplicity Manifesto

I like Scott, and he may be right, but there is a lot of recency bias in his opinion and the studies he cites. I'd like to see a better, statistical study of his 2- thru 10-speed portfolios, looking at average annual rate of return and standard deviation over rolling 30-year windows. Boy, I thought...
by goblue100
Wed May 01, 2019 7:18 am
Forum: Personal Investments
Topic: Can I retire ? If not now, when ?
Replies: 34
Views: 3768

Re: Can I retire ? If not now, when ?

"Can I retire" can never be answered by Yes or No. The answer is yes with 50% probability, yes with 60% probability and so on. Clearly, you don't feel like you're close to 100%. "Yes with 50% probability" is No, in my opinion. Yes with 150% probability is a No to many on this board. :happy I actual...
by goblue100
Thu Apr 25, 2019 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Financial planning for the ill informed
Replies: 35
Views: 3101

Re: Financial planning for the ill informed

I suppose anything is possible, but what are you offering that they couldn't get here for free? How much would you charge? And how much would you spend to attract clients? The fact that it is easy and the information is easily and freely available doesn't necessarily keep it from being sold. Look a...
by goblue100
Wed Apr 24, 2019 10:37 am
Forum: Personal Consumer Issues
Topic: Should I Sell Car to My Boss?
Replies: 25
Views: 1996

Re: Should I Sell Car to My Boss?

If the car has had a regular maintenance and doesn't have anything wrong with it, I don't see why not. If you know maintenance has been spotty and the car is likely to have problems, I wouldn't.
by goblue100
Wed Apr 24, 2019 5:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 902
Views: 86911

Re: "S&P 500 Index closes at record high"

In light of all the market timing threads, I suspect Taylor was trying to remind us why Bogleheads exists. It exists because people found that market timing, adviser driven behavior leads to poor returns. I think that is why he made this OP. Reminder(Bolding is mine): https://www.bogleheads.org/wiki...
by goblue100
Mon Apr 22, 2019 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: If FIRECalc shows 100% success rate, what holds you back from retiring?
Replies: 126
Views: 11579

Re: If FIRECalc shows 100% success rate, what holds you back from retiring?

Unknowns. What will healthcare cost, and will it go up? What are my expenses, really? (Still working on that one). Are we going to have that market crash anytime soon? If so, better to have a little more money.
by goblue100
Sun Apr 21, 2019 7:54 am
Forum: Investing - Theory, News & General
Topic: Re-Examining an assumption: 45% bonds in retirement?
Replies: 95
Views: 11008

Re: Re-Examining an assumption: 45% bonds in retirement?

My question: Is this a good enough reason, in your opinion (permanently lowered bond yields), to consider lowering your overall bond allocation to something like 25% or 30% from 50% or 45%? The trade-off, of course, is higher volatility in your portfolio at the worst possible time: When your human ...
by goblue100
Fri Apr 19, 2019 7:11 am
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3201

Re: The reality of borrowing from your 401k for home mortgage

I threw your figures into a mortgage calculator and it says your payment will be ~$1900 a month. Why don't you practice setting that aside for 10 months and save your down payment? It would tell you what it's like to live on your new amount of money and keeps you from having to borrow the down payme...
by goblue100
Tue Apr 16, 2019 6:11 am
Forum: Investing - Theory, News & General
Topic: Can 401k type retirement plans provide safe retirement income? - Thaler & Milevsky
Replies: 16
Views: 2903

Re: Can 401k type retirement plans provide safe retirement income? - Thaler & Milevsky

Isn't the problem that when the industry works to provide a solution, the solution is worse than the problem? What I mean is, they may come up with a way to provide an income stream but if it is expensive the cure will be worse than the disease.
by goblue100
Tue Apr 16, 2019 6:00 am
Forum: Personal Investments
Topic: If you have plenty of money, why not 100% stocks in retirement?
Replies: 107
Views: 7182

Re: If you have plenty of money, why not 100% stocks in retirement?

I agree whole heartedly. If you have plenty of money no reason to be 100 percent stocks. But plenty of money differs greatly person to person. If you have 50x your desired (not required) expenses then sure go 100% stocks live off of dividends of the tsm not of some dividend aristocrat bundle prepar...
by goblue100
Mon Apr 15, 2019 9:17 pm
Forum: Personal Investments
Topic: If you have plenty of money, why not 100% stocks in retirement?
Replies: 107
Views: 7182

Re: If you have plenty of money, why not 100% stocks in retirement?

If I had plenty, or too much, money. I'd probably buy an SPIA that would more than cover my expected expenses. Then leave the rest in an 80/20 portfolio. Sounds like you can do whatever makes you happy. So, be happy! I'm 15-25 years from retirement. This isn't a question about what I do today, but ...
by goblue100
Fri Apr 12, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house next year. Wife wants a big house. Thoughts?
Replies: 104
Views: 8645

Re: Buying a house next year. Wife wants a big house. Thoughts?

More house is more cleaning, more maintenance, more utilities, more taxes, often longer time to sell. I believe in minimizing housing as costs balloon quickly the bigger you get. I agree. While I'm not saying you should stay in a 1700sf starter home, keeping the size down as low as possible while k...
by goblue100
Tue Apr 09, 2019 9:30 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 763
Views: 72212

Re: That's enough for me in 2019

larryslocum1982 wrote:
Sun Apr 07, 2019 12:03 am
Something is very wrong. Are not Bogleheads all about buy and hold of index funds forever? Why is everyone here now doing market timing?
Those threads are boring. Market timing and leverage allow people to talk forever.
by goblue100
Mon Apr 08, 2019 9:42 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Performance Of State Pension Plans
Replies: 46
Views: 4854

Re: Larry Swedroe: Performance Of State Pension Plans

The Dallas Police and Firefighters pension didn't want to be "average"... https://www.dallasnews.com/news/dallas-city-hall/2018/03/09/dallas-police-fire-pension-system-will-deal-nuts-just-crazy-investments "Gottschalk said the system probably won't hit its 7.25 percent investment return assumption u...
by goblue100
Sat Apr 06, 2019 7:34 am
Forum: Personal Investments
Topic: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?
Replies: 92
Views: 6395

Re: Those that have an "Anti-Boglehead" investment account, what are your "risky" plays?

I like to have fun, but have never quite understood the concept of "fun money" investing. I'm putting it where I think it has the best chance of earning a return. We worry about tenths of a percent when it comes to mutual fund costs. The last thing I want to do is have an unintentional extra expense...
by goblue100
Thu Apr 04, 2019 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)
Replies: 54
Views: 3937

Re: Weighing career options (34 yo, considering leaving low COL for high COL, am I crazy?)

Chicago is a fantastic city and I would classify it as more MCOL than HCOL. If you are city people, Chicago will improve your QOL just based on all the amenities. The food scene is great so expect to spend more eating out and doing stuff. It isn't just your rent that will go up. But $200k+ in Chica...
by goblue100
Mon Apr 01, 2019 7:55 am
Forum: Personal Investments
Topic: Asset allocation "tests"
Replies: 22
Views: 1265

Re: Asset allocation "tests"

It's not a calculator or "test", but good information, I think:
https://www.bogleheads.org/wiki/Asset_allocation
by goblue100
Sat Mar 30, 2019 8:44 am
Forum: Personal Investments
Topic: planning to buy REIT, bad idea ?
Replies: 36
Views: 3922

Re: planning to buy REIT, bad idea ?

I know bogle heads don't advice on tilting to a certain sector, but I am willing to take a calculated risk here. housing market is projected to slow down next .... taking that in mind is it hugely insane to start buying REIT ? Did you follow through and buy a REIT fund? If so, your returns have bee...
by goblue100
Thu Mar 28, 2019 6:54 am
Forum: Personal Investments
Topic: 60/40 now or closer to retirement?
Replies: 32
Views: 3658

Re: 60/40 now or closer to retirement?

What were they invested in that caused an 80% drop over the entire portfolio? I believe they had a lot of individual stocks. I wish I could find that article, my memory is a little fuzzy, but they had a LOT of money. Post crash they still had what a lot of of us would consider a lot of money, but w...
by goblue100
Wed Mar 27, 2019 3:55 pm
Forum: Personal Investments
Topic: 60/40 now or closer to retirement?
Replies: 32
Views: 3658

Re: 60/40 now or closer to retirement?

In my opinion it depends of how large the 40% is at some point. If I have enough, as I define it, in the lower risk asset bucket, the so called 40%, then why not then take more risk with future investments? Why continue to amass lower risk, lower return assets at the same rate when I have already "...
by goblue100
Fri Mar 15, 2019 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Is my *entire* life financed when I have a mortgage?
Replies: 84
Views: 5675

Re: Is my *entire* life financed when I have a mortgage?

Do you really want to do nothing but go to work and eat peanut butter and jelly sandwiches until your house is paid for? I'd rather balance a little more life in those years and accept that it will take longer to pay off the house. No, and I never claimed that I wanted too. I also can't see how you...
by goblue100
Thu Mar 14, 2019 1:41 pm
Forum: Investing - Theory, News & General
Topic: So what happened to the predicted bear market in bonds?
Replies: 47
Views: 4422

Re: So what happened to the predicted bear market in bonds?

The predicted bear market in bonds came and went at least twice while you weren't paying attention. As usual livesoft and nisiprius are my voices of reason on the bear market in bonds. https://www.bogleheads.org/forum/viewtopic.php?t=239144#p3744054 Furthermore, they've been going up, over 1/2% in ...
by goblue100
Thu Mar 14, 2019 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Is my *entire* life financed when I have a mortgage?
Replies: 84
Views: 5675

Re: Is my *entire* life financed when I have a mortgage?

Do you really want to do nothing but go to work and eat peanut butter and jelly sandwiches until your house is paid for? I'd rather balance a little more life in those years and accept that it will take longer to pay off the house.
by goblue100
Wed Mar 13, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: SS: where are my delay credits? UPDATE
Replies: 11
Views: 1502

Re: SS: where are my delay credits?

I'm not an expert, but if nothing else my post can serve as a bump. I don't really understand what you are saying in the OP. I believe if you filed at 69 1/2 and checks started before your 70th birthday, the first check had all the money you were due for waiting as long as you did. Edit: I read a SS...
by goblue100
Wed Mar 13, 2019 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Should I give more money to a family member?
Replies: 107
Views: 6434

Re: Should I give more money to a family member?

Anyway, when he died, he left me everything, (except one other policy that he placed in my little sister's name) and a will that stated I should "reimburse" myself, then use the left over money and split it equally between the three of us sisters. So for complicated reasons, (guilt over his death, ...
by goblue100
Wed Mar 13, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 6417

Re: How many companies have you worked for?

58 yo.
3 companies
2 houses
1 wife
I don't like change.
by goblue100
Tue Mar 12, 2019 10:43 am
Forum: Investing - Theory, News & General
Topic: Year's worth of earnings in two months?
Replies: 69
Views: 6831

Re: Year's worth of earnings in two months?

I was researching something else on the forum and came across this thread. https://www.bogleheads.org/forum/viewtopic.php?f=1&t=127304&p=1868926#p1868926 Is anybody getting out and moving to Cash? Post by Qprkid » Thu Nov 28, 2013 11:53 am I know, I know. You can't time the market. Faithful Boglehea...
by goblue100
Mon Mar 11, 2019 12:48 pm
Forum: Investing - Theory, News & General
Topic: Year's worth of earnings in two months?
Replies: 69
Views: 6831

Re: Year's worth of earnings in two months?

StandingRock wrote:
Sat Mar 09, 2019 4:12 pm

Why do you think market timers hang around on Bogleheads?
I don't know, why? They want to be talked out of it? Or they want to prove that market timing works?
by goblue100
Mon Mar 11, 2019 7:57 am
Forum: Personal Investments
Topic: New to Investing, What changes do I need to make to my portfolio?
Replies: 7
Views: 521

Re: New to Investing, What changes do I need to make to my portfolio?

What changes are you trying to make? You've identified the biggest issues: I also know there is a LOT of overlap and I'm missing international stock and have no bonds. The fixes to that would be to add some international funds and some bonds. The amount of each tends to be personal. For internationa...
by goblue100
Sun Mar 10, 2019 7:47 am
Forum: Personal Finance (Not Investing)
Topic: simple will for a catastrophic event
Replies: 88
Views: 3319

Re: simple will for a catastrophic event

The simple point is that you are guaranteed to die somehow, and for that event you need a will. There is also a considerable likelihood you may be living but unable to manage your affairs in which case you need a power-of-attorney or a trust as well as other documents. I think many of us have becom...
by goblue100
Sat Mar 09, 2019 6:40 am
Forum: Investing - Theory, News & General
Topic: Year's worth of earnings in two months?
Replies: 69
Views: 6831

Re: Year's worth of earnings in two months?

I'm not as dogmatic as some forum members, but allow me to point out a flaw in your strategy. Lets assume the market doesn't follow your senses, as March 9th is not the top. The US market is up 18% for the year, and International is up 22%. Are you going to buy in at much higher prices on Jan 1 2020...
by goblue100
Fri Mar 08, 2019 4:52 pm
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 4811

Re: Any liveaboards here?

Regattamom wrote:
Fri Mar 08, 2019 11:31 am

Ha! There's room here for all our dreams! :happy
Very gracious of you, thanks. :happy :sharebeer
by goblue100
Fri Mar 08, 2019 11:05 am
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 4811

Re: Any liveaboards here?

smitcat wrote:
Fri Mar 08, 2019 10:54 am
AH - I did not pick that up thanks.
My fault, I derailed the thread with my own dream. Sorry OP.
by goblue100
Fri Mar 08, 2019 8:16 am
Forum: Personal Consumer Issues
Topic: Any liveaboards here?
Replies: 45
Views: 4811

Re: Any liveaboards here?

^^ I've read of others doing the loop as you describe, a piece at a time. I will point out the OP's husband is looking at a circumnavigation, not the great loop.
by goblue100
Fri Mar 08, 2019 8:09 am
Forum: Personal Finance (Not Investing)
Topic: Are my parents' finances a disaster waiting to happen? Seeking advice.
Replies: 105
Views: 10671

Re: Are my parents' finances a disaster waiting to happen? Seeking advice.

I don't understand why someone would want to take on a new house at 80. Heck, I'm 58 and looking to downsize! Having said that, my wife's parents were also spenders and not savers. We used to worry, but they eventually found that the goes outta needs to match the goes inta. I wouldn't help financial...