Search found 893 matches

by goblue100
Mon Jun 17, 2019 9:32 am
Forum: Personal Investments
Topic: Alternative to $3,000 minimums at Vanguard
Replies: 13
Views: 713

Re: Alternative to $3,000 minimums at Vanguard

Just do a Target date fund until you have at least $9000 in your account. Or start with VTSAX and add other funds when you have enough money.
by goblue100
Mon Jun 17, 2019 9:27 am
Forum: Personal Consumer Issues
Topic: How to avoid high vet bills?
Replies: 53
Views: 2047

Re: How to avoid high vet bills?

Do you board him? If not he doesn't need the kennel cough. Other than that I would say it is the cost of responsible pet ownership and the fee's seem in line with what I pay.

Edit: Also, if he has been on heartworm preventive I would question the need for the heartworm test.
by goblue100
Fri Jun 14, 2019 6:11 am
Forum: Personal Consumer Issues
Topic: Alternatives to car rental for three months?
Replies: 53
Views: 3266

Re: Alternatives to car rental for three months?

Do you need a car? Between public transportation and Uber you might do better if you are not driving every day.
by goblue100
Thu Jun 13, 2019 10:25 pm
Forum: Personal Consumer Issues
Topic: The Upper Peninsula (UP) in August....What to do, Where to stay?
Replies: 36
Views: 2510

Re: The UP in August....What to do, Where to stay?

I assume by UP you mean the Upper Peninsula of Michigan? I haven't been there in quite a while, but tahquamenon falls is quite nice. https://www.michigan.org/property/tahquamenon-falls-state-park Also, the Soo locks might be interesting for kids to see. https://www.michigan.org/property/soo-locks-bo...
by goblue100
Wed Jun 12, 2019 8:16 am
Forum: Personal Finance (Not Investing)
Topic: [Proposed changes to 401(k) and IRAs]
Replies: 67
Views: 2775

Re: "Help Is Almost Here for Retirement Savers"

If longevity risk was a real problem, then annuities wouldn't exist. Isn't this the same as saying if car crashes were a real problem, car insurance wouldn't exist? Variable annuities are overly expensive, overly complex and frowned upon. Immediate annuities may have a place in prudent retirement p...
by goblue100
Tue Jun 11, 2019 4:25 am
Forum: Investing - Theory, News & General
Topic: Pay Growth vs Stock Market Returns
Replies: 26
Views: 1648

Re: Pay Growth vs Stock Market Returns

I don't think income growth has anything to do with it. People invest in the stock market to get a (hopefully) greater return than they get other places. Some people would prefer to invest in real estate. But the whole idea is to get some growth on their savings. True, if my income is so great relat...
by goblue100
Sat Jun 08, 2019 6:20 am
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 289
Views: 34497

Re: Roll Call for the Retirement Class of 2019!

Congrats to all the 2019 retirees! I made a decision recently that my last day will be in 599 days. Early 2021. I guess that thread will start in a year or so, but I couldn't wait to share, lol. :happy
by goblue100
Thu Jun 06, 2019 8:00 am
Forum: Investing - Theory, News & General
Topic: "Stay course" conflicts: Help me understand.
Replies: 10
Views: 1240

Re: "Stay course" conflicts: Help me understand.

I pretty much have invested according to Bogleheads principles long before I ever heard of Bogleheads. I don't remember where I first read it, sometime in the early 90's I guess, but I recall always thinking that more money is lost by people moving money in and out of the market then just leaving it...
by goblue100
Mon Jun 03, 2019 12:09 pm
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 125
Views: 9760

Re: How did you all do in the month of May, 2019

Doom&Gloom wrote:
Mon Jun 03, 2019 10:31 am
AtlasShrugged? wrote:
Mon Jun 03, 2019 7:04 am
Down 2.9%.....BFD. I just take it in stride.
So you just shrug it off?
If he can't, who can? :happy

May not so good, but so far I'm up in June.
by goblue100
Thu May 30, 2019 6:39 am
Forum: Investing - Theory, News & General
Topic: Market timers thread
Replies: 214
Views: 13835

Re: Market timers thread

It's not. Then again, I also don't see anywhere on the wiki that the 3 fund portfolio is the only solution within the Bogleheads philosophy, either. And yet, there are endless disagreements here about any other ideas that aren't 3-fund: slice/dice, tilting, factors, rebalncing methods, withdrawal m...
by goblue100
Thu May 30, 2019 3:13 am
Forum: Personal Consumer Issues
Topic: Hyundai Sonata for college.
Replies: 31
Views: 2029

Re: Hyundai Sonata for college.

I'm on my third Sonata. I wrecked one, and walked away from it without a scratch. I've driven 150,000 miles in them over the last 10 years. They just keep getting better and better. Many people say Toyota's and Honda's are "better". If better means more expensive for less features I agree with them.
by goblue100
Thu May 30, 2019 3:03 am
Forum: Investing - Theory, News & General
Topic: Market timers thread
Replies: 214
Views: 13835

Re: Market timers thread

This thread got completely ruined by “stay the course” posters. This board is dedicated to the proposition that you can't successfully time the market. I think that to not expect backlash to a market timing thread is a little naive. 3) why the need to go tell other people what to do with their mone...
by goblue100
Mon May 27, 2019 7:49 am
Forum: Investing - Theory, News & General
Topic: Do you have an allocation more conservative than 50/50 ?? What is it? Why? How Bogleheads are getting it done.
Replies: 135
Views: 11962

Re: Do you have an allocation more conservative than 50/50 ?? What is it? Why?

With your (PJW) permission, here's an excerpt from your link. I encourage anyone who hasn't read the two links that "PJW" provided to look them over. Some good stuff to chew on. Like this: Up to 25 times expenses: 70/30 Above 25 but below 30 times expenses: 60/40 Above 30 but below 35 times expense...
by goblue100
Thu May 23, 2019 12:42 pm
Forum: Personal Investments
Topic: Retirement goal seems far away
Replies: 25
Views: 2017

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: 4972

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: 1939

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: 4001

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: 2017

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: 5024

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: 2352

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: 425

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: 10456

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: 6285

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: Investing - Theory, News & General
Topic: What is your U.S./ex-U.S. stock allocation?
Replies: 210
Views: 10647

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: 10929

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: 289
Views: 34497

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: 23687

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: 7464

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: 2535

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: 3846

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: 3132

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: 2020

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: 935
Views: 93159

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: 11691

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: 11284

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: 3259

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: 2923

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: 7279

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: 7279

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: 8728

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: 785
Views: 77583

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: 4894

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: 6487

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: 3966

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: 1294

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: 4083

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: 3693

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: 3693

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: 5708

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: 4449

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 ...