Search found 1067 matches

by deikel
Fri May 08, 2020 2:25 pm
Forum: Personal Investments
Topic: What to do with $200K in TIRA
Replies: 18
Views: 852

Re: What to do with $200K in TIRA

Your time horizon is not really near though (I think) You might declare your self retired in the next 5 years - but your overall assets will have to support you for another say 35 years....so I am not sure if it is the right way to look at to say this money will be needed in 5 or 8 years....part of...
by deikel
Fri May 08, 2020 1:57 pm
Forum: Personal Investments
Topic: Investing in woman-directed businesses
Replies: 4
Views: 326

Re: Investing in woman-directed businesses

when I try to follow the MSCI index, I see a consistent under performance over the last three years (was not available before) The mentioned Fidelity fund FWOMX is brand new, so hard to say, but for the time being it is under performing as well The FWOMX also has an expense ration of 1% - which seem...
by deikel
Wed May 06, 2020 1:59 pm
Forum: Personal Investments
Topic: What to do with $200K in TIRA
Replies: 18
Views: 852

Re: What to do with $200K in TIRA

Your time horizon is not really near though (I think) You might declare your self retired in the next 5 years - but your overall assets will have to support you for another say 35 years....so I am not sure if it is the right way to look at to say this money will be needed in 5 or 8 years....part of...
by deikel
Wed May 06, 2020 1:53 pm
Forum: Personal Investments
Topic: How long is this profit sustainable as a New Trader?
Replies: 58
Views: 3305

Re: How long is this profit sustainable as a New Trader?

Sounds like you substantially underperformed passive stock investing for the month of April. So rather than think in absolute percentages, imagine continuing to underperform by about a third, and think whether there might be a better (and simpler) way. I believe this is to another person? My questi...
by deikel
Wed May 06, 2020 1:27 pm
Forum: Personal Investments
Topic: What to do with $200K in TIRA
Replies: 18
Views: 852

Re: What to do with $200K in TIRA

Your time horizon is not really near though (I think) You might declare your self retired in the next 5 years - but your overall assets will have to support you for another say 35 years....so I am not sure if it is the right way to look at to say this money will be needed in 5 or 8 years....part of ...
by deikel
Wed May 06, 2020 11:59 am
Forum: Personal Investments
Topic: investment question
Replies: 4
Views: 309

Re: investment question

- think about the social security payments resulting if one of you passes away and make sure your finances still work out - whatever you do. - do you really have to spend that much money in repairs for the house to sell ? The usual wisdom is to just sell as is and let the buyer decide what they want...
by deikel
Wed May 06, 2020 7:17 am
Forum: Personal Investments
Topic: Is now a bad time to front load my 401k?
Replies: 12
Views: 997

Re: Is now a bad time to front load my 401k?

Make sure your company has true up match if you want to max it out early. This is very important, many companies do NOT do that, so if you max out too early you loose the match for the rest of the year - seen that, done that...they only match a percentage of your salary if you contribute every pay ...
by deikel
Tue May 05, 2020 4:03 pm
Forum: Personal Investments
Topic: DAD Trying to accumulate wealth for his lil Girl (Special Needs)
Replies: 27
Views: 3787

Re: DAD Trying to accumulate wealth for his lil Girl (Special Needs)

I actually don't see any difference in the approach if you factor in your special needs kid. Your goal should be to reach financial independence - so go in the FIRE direction as best as you can and as fast as you can. The only difference may be the needed care for the child-eventual adult. Factor in...
by deikel
Tue May 05, 2020 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Title guy when buying a house
Replies: 17
Views: 1404

Re: Title guy when buying a house

It means when you buy a property, you are checking its title - which basically means you are checking that the seller actually truly owns what they are selling to you (and what exactly is recorded that they are selling) and you are actually buying what you intend to buy - plus you make sure there is...
by deikel
Mon May 04, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: What makes a real estate agent good?
Replies: 30
Views: 2494

Re: What makes a real estate agent good?

Availability - if I see an interesting property online (and everyone is looking online), I want the agent to react to my info request and send me all the other information available for that property right away - not after two days or even one day Local knowledge - I can see a nice property and thin...
by deikel
Mon May 04, 2020 10:37 am
Forum: Personal Investments
Topic: Inspiring F.I.R.E (On track?)
Replies: 11
Views: 2217

Re: Inspiring F.I.R.E (On track?)

You're 23....What age do you see yourself leaving the work force? I don't know if it's a generational thing or what, but I'm 40 and I've worked in law enforcement for going on 13 years, so maybe I'm jaded, but I just don't get these kids who just join the work force and already want to retire. To m...
by deikel
Mon May 04, 2020 10:09 am
Forum: Personal Investments
Topic: Beginner hoping to avoid mistakes
Replies: 8
Views: 800

Re: Beginner hoping to avoid mistakes

Its a good time to invest right now - welcome ! The couple of basic things you need to figure out for yourself is: - when do you need the money ? or portions of the money...this will dictate the amount of risk you can take with it - what is your risk profile and how much short term loss (think 5 yea...
by deikel
Mon May 04, 2020 10:00 am
Forum: Personal Investments
Topic: Best option if you want to preserve principal, but have higher yield than money market
Replies: 17
Views: 1403

Re: Best option if you want to preserve principal, but have higher yield than money market

two aspects to think about: - if you want to preserve principle then you need at least 2%, because that is average current inflation rate, anything lower then that will actually cut into your principle - why do you want to preserve principle ? And what does that even mean for you and your situation ...
by deikel
Fri May 01, 2020 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Payoff or Invest
Replies: 8
Views: 1083

Re: Mortgage Payoff or Invest

The statistic says that you have another 15 years to live, but the mortgage is longer then that - it would kind of bother me. On the other hand, you just rent from the bank instead of a landlord and you have a nice inflation protection. The concentration in one stock would bother me beyond descripti...
by deikel
Fri May 01, 2020 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life Insurance and Recent Alcohol Rehab (USA)
Replies: 17
Views: 1217

Re: Term Life Insurance and Recent Alcohol Rehab (USA)

Just from a procedural point of view, don't even try to lie during the insurance application (about your recent alcoholism, skip the party drugs from 10 years ago) After the interview (application fill out), they will pull all medical records they can get their hands on (you will see stuff you have ...
by deikel
Mon Apr 27, 2020 2:47 pm
Forum: Personal Investments
Topic: New retiree - 1st withdraw - scary!!
Replies: 10
Views: 1561

Re: New retiree - 1st withdraw - scary!!

You would replenish after the crash and as far in time after as you can. So you will currently spend down your cash, then spend the bonds, then spent the stock allocation. Of course you don't have to wait exactly to the same number of say S+p500 again to say, 'recession is over now refill each bucke...
by deikel
Mon Apr 27, 2020 1:58 pm
Forum: Personal Investments
Topic: Early retirees who were close - how are you adjusting
Replies: 45
Views: 6133

Re: Early retirees who were close - how are you adjusting

In general, I think anyone trying to retire (early or otherwise) and does so in a planned way (not by job loss or health scare) should not be affected at all. You don't pull the trigger just because you barely reached the 4% rule on your networth and then call it a day. You are planning for an econo...
by deikel
Sun Apr 12, 2020 8:37 am
Forum: Personal Investments
Topic: Retirement Strategy and Planning
Replies: 16
Views: 1976

Re: Retirement Strategy and Planning

....at a time when the crisis is actually on its way out the door already... I sure hope you are right about this, but I believe this to be far from certain. Not certain, no. But entirely within our control now. I think we are in it long enough now that the initial panic is now over with and we can...
by deikel
Sun Apr 12, 2020 8:27 am
Forum: Personal Investments
Topic: Relying on bonds to weather a down market in early phase of retirement
Replies: 12
Views: 1764

Re: Relying on bonds to weather a down market in early phase of retirement

If you do some back testing (not too far back though), you will very likely realize that there is little to no difference between a 40/60; 50/50 or 60/40 asset allocation - so you are pondering a move that will have no consequences in either way. I would suggest to rather go to a model of 3 years li...
by deikel
Sun Apr 12, 2020 8:17 am
Forum: Investing - Theory, News & General
Topic: Does anybody have an IPS that says 'I will sell all equities when X happens'?
Replies: 92
Views: 4036

Re: Does anybody have an IPS that says 'I will sell all equities when X happens'?

not me...and I would wonder what the IPS would say about what to do with the money ? Money is supposed to work for you, otherwise whats its purpose ? It can work for you in different ways for sure, but money in equities is great in the long term - so why would it say to exit entirely ? My IPS does h...
by deikel
Sun Apr 12, 2020 8:11 am
Forum: Personal Investments
Topic: Retirement Strategy and Planning
Replies: 16
Views: 1976

Re: Retirement Strategy and Planning

I would only point out that you already proved to yourself beyond a doubt that one year of emergency fund is not enough for you in a market that is unpredictable - you just abandoned your original plan to now ask for a new one.....at a time when the crisis is actually on its way out the door already...
by deikel
Sat Apr 11, 2020 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Executive pay cut request: How to respond?
Replies: 130
Views: 12922

Re: Executive pay cut request: How to respond?

My (serious) suggestion is to offer to cut your salary by 75% and promise to bust your ass off to help the company through these difficult times...anything else then that, any whining of any sort and you paint a bigger and bigger target on your back Just went through the same crap and in all probabi...
by deikel
Sat Apr 11, 2020 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: [Government stimulus payments]
Replies: 351
Views: 27158

Re: just got my $1200 stimulus payment

I am wondering if I can spend it all on my local Pizzeria and get free Pizza for a year out of it (once a week, pizza night) ? Anyone planning on doing something like that ?
by deikel
Tue Mar 31, 2020 12:41 pm
Forum: Personal Investments
Topic: I just rebalanced back to my AA. It gave me a little pause.
Replies: 18
Views: 1645

Re: I just rebalanced back to my AA. It gave me a little pause.

In the larger scheme of things this will mean almost nothing....think about it: the market tanked (and came back up some) and you moved 35k dollars.....best case scenario the market will go up again and you make make 30% on this 'investment' - you make 10k At the risk of loosing your job in a recess...
by deikel
Fri Mar 27, 2020 2:33 pm
Forum: Investing - Theory, News & General
Topic: What does “the market already had it priced in” even mean?
Replies: 88
Views: 4091

Re: What does “the market already had it priced in” even mean?

It doesn't explain day-to-day changes. It DOES explain why most people can't make easy money based on what they know is going to happen in the future. Here's the best post of the thread. It's about the future , and specifically that you can't do anything clever, because whatever information you are...
by deikel
Fri Mar 27, 2020 2:10 pm
Forum: Investing - Theory, News & General
Topic: How do you incorporate I bonds into your retirement plans?
Replies: 25
Views: 1598

Re: How do you incorporate I bonds into your retirement plans?

I don't see their purpose Its nothing you could not do with savings accounts, CDs, MM fund or bond funds - so why bother ? These typically will not protect you from unexpected inflation. What about inflation is unexpected ? Its an after the fact value of loss in purchasing power from month to month...
by deikel
Fri Mar 27, 2020 1:42 pm
Forum: Investing - Theory, News & General
Topic: What does “the market already had it priced in” even mean?
Replies: 88
Views: 4091

Re: What does “the market already had it priced in” even mean?

to try to explain the not very explainable. Can you expand on what you mean here? I think it is very explainable with the concept, if not the words, "priced in". Sure. Q: "Why did the S&P drop to 2200!?" A: "It's priced in." Q: "Why did the Dow just jump 20% in 3 days!?" A: "It's priced in." Q: "Wh...
by deikel
Fri Mar 27, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: What does “the market already had it priced in” even mean?
Replies: 88
Views: 4091

Re: What does “the market already had it priced in” even mean?

I've come to accept that it is just one of those boglehead-isms brought out often to make staying the course a little easier. Smug and wrong. Bravo Probably because not understanding, give them a chance :P Nah, someone with that many posts in under a year and still makes a statement like that is so...
by deikel
Fri Mar 27, 2020 1:27 pm
Forum: Investing - Theory, News & General
Topic: For a 20-year time horizon do bonds make sense any more?
Replies: 98
Views: 5971

Re: For a 20-year time horizon do bonds make sense any more?

I don't think they make much sense other then to park your money

Inflation will rather go up than down or stay the same
Rates will rather go up than down or stay the same

The are not income producing, at best they are inflation compensation
by deikel
Fri Mar 27, 2020 1:15 pm
Forum: Investing - Theory, News & General
Topic: How do you incorporate I bonds into your retirement plans?
Replies: 25
Views: 1598

Re: How do you incorporate I bonds into your retirement plans?

I don't see their purpose

Its nothing you could not do with savings accounts, CDs, MM fund or bond funds - so why bother ?
by deikel
Fri Mar 27, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: What does “the market already had it priced in” even mean?
Replies: 88
Views: 4091

Re: What does “the market already had it priced in” even mean?

Maybe it helps you if you break it down a little bit (and there sure is lots of science behind it btw, this is economics 101): If two people agree on a transaction of a good or service and come up with a mutually agreeable price, then that service or good has gotten a price, in that moment. And both...
by deikel
Tue Mar 24, 2020 3:17 pm
Forum: Personal Investments
Topic: [Differences in strategies: Ramsey vs Bogle]
Replies: 60
Views: 3818

Re: Ramsey or Bogle?

Estimated Net Worth Dave Ramsey in 2019: 55 million
Estimated Net Worth Jack Bogle in 2019: 80 million

Bogle made his money with investments, the slow and steady way. He made index investing a thing.

Dave Ramsey (after going bankrupt) regained his money ... as an entertainer

You pick....
by deikel
Tue Mar 24, 2020 12:41 pm
Forum: Personal Investments
Topic: Should I stay or Should I go ? Retirement Now or as once Planned
Replies: 16
Views: 1776

Re: Should I stay or Should I go ? Retirement Now or as once Planned

Amazing personally, I think you are incredibly conservative in your set-up. The current market would allow you to buy ... at 30/70 allocation, I would be somewhat concerned about the eventual inflation rate that all the money will cause that the feds will spend soon....but even then, your cost of li...
by deikel
Tue Mar 24, 2020 11:01 am
Forum: Personal Investments
Topic: Thread: It’s your First recession (or not) and you’re staying the course
Replies: 65
Views: 3663

Re: Thread: It’s your First recession (or not) and you’re staying the course

This is my third rodeo I am not staying the course, I am following my investment plan and the plan asks for investing into a falling market at certain % off the top...so far I am at 200k losses, reinvested 200k and have one more barrel of dry powder to go... Having a written plan that was cooked up ...
by deikel
Tue Mar 24, 2020 8:43 am
Forum: Personal Investments
Topic: Simplifying 401K
Replies: 3
Views: 275

Re: Simplifying 401K

I think there is room for improvement assuming stocks provide the best long term return, you should not keep bonds in your Roth. Roth will be non taxed income in retirement, so it should grow as best as possible. You have a good timing right now to convert all roth assets to the VTSAX between the IR...
by deikel
Mon Mar 23, 2020 3:50 pm
Forum: Investing - Theory, News & General
Topic: Anybody want to guess the bottom of this "dip"?
Replies: 573
Views: 37749

Re: Anybody want to guess the bottom of this "dip"?

If it happens, we might be looking at another lost decade for stocks. That might happen anyway. Or we might see the market recover quickly and zoom on to new heights. We might be looking at a lost decade no matter what. But if the Fed starts backstopping stock losses, I'm not going to be investing ...
by deikel
Mon Mar 23, 2020 2:31 pm
Forum: Investing - Theory, News & General
Topic: Why is it not possible to build a recession proof portfolio?
Replies: 22
Views: 1598

Re: Why is it not possible to build a recession proof portfolio?

Portfolio allocation of 30/70 or near equiv. (for a retiree or near retiree) j :happy How would you assume such a portfolio will do under heavy inflation ? The OP question is somewhat leading, a recession has a certain definition - but it is not the only risk a portfolio has to balance, it is reall...
by deikel
Sun Mar 22, 2020 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for the perspective of others re: PT work
Replies: 5
Views: 479

Re: Looking for the perspective of others re: PT work

What is FT and PT ? Physical Therapy ? We are living in a new world since COVID 19 and until a vaccine is near, I don't think it will materially change (meaning it will stay bad). I would rent, stay at home with the kid and not consider daycare for a while. Cash is king right now and for the next 6 ...
by deikel
Sun Mar 22, 2020 3:13 pm
Forum: Personal Investments
Topic: 529s and Covid: Move to more conservative allocation?
Replies: 8
Views: 550

Re: 529s and Covid: Move to more conservative allocation?

Its kind of too late now anyway, the market will crash some more over the next 4-6 weeks and hopefully slowly improve from there. In three years we should be back to normal and you oldest should have its value back....I would not do anything right now, just close your eyes and trust that science wil...
by deikel
Sun Mar 22, 2020 3:08 pm
Forum: Personal Investments
Topic: Emergency Fund (ICSH) loosing value rapidly - What to do ?
Replies: 21
Views: 1198

Re: Emergency Fund (ICSH) loosing value rapidly - What to do ?

sell it immediately, it will become much worse over the next 8 weeks

and you hopefully learned that an emergency fund (by definition) should not be invested in a risky investment vehicle of any sort, it should be in cash, maybe CDs you can break and that's about it
by deikel
Thu Mar 19, 2020 12:27 pm
Forum: Investing - Theory, News & General
Topic: 30 y/o - just a rant thread about staying the course
Replies: 34
Views: 3467

Re: 30 y/o - just a rant thread about staying the course

It always only works if you can keep your job if you loose your job, you need any and all money you can get your hands on. Safe investments first of course (so a conservative portfolio allocation helps here), but later on you use the diminished stock portion of the portfolio. Hence an emergency fund...
by deikel
Thu Mar 19, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: Was planning 70, but considering FRA at 66 to take advantage of COVID-19 Market
Replies: 9
Views: 1034

Re: Was planning 70, but considering FRA at 66 to take advantage of COVID-19 Market

I don't think this makes sense SS payments would be stretched out over months and you would only be able to invest the money in monthly chunks (or save yourself the dent in liquidation of assets) And although we did cause ourselves a recession, there are multiple medications in testing that look pro...
by deikel
Thu Mar 19, 2020 7:44 am
Forum: Personal Investments
Topic: I am 16, Bogleheads help me be rich one day
Replies: 114
Views: 7870

Re: I am 16, Bogleheads help me be rich one day

spent a lot of time to understand what makes you rich - hint: Its not about the dollar value
by deikel
Thu Mar 19, 2020 7:41 am
Forum: Personal Investments
Topic: Sitting on 1.2M. What to do...?
Replies: 24
Views: 3775

Re: Sitting on 1.2M. What to do...?

although you did not ask for it: a) refinance the mortgage into a 30 year, possibly reduce monthly payments now that you still have a job and use it as inflation protection for the future b) hold your cash, the market will crash some more once the rate of death will increase - it will take another 1...
by deikel
Mon Mar 16, 2020 9:48 am
Forum: Personal Investments
Topic: 5/25 and Annual Rebalancing -> Recommendation
Replies: 15
Views: 680

Re: 5/25 and Annual Rebalancing -> Recommendation

If you are at risk of loosing your job AND expect to tap into your funds - you should not re balance and preserve the cash in bonds for your personal emergency. If either is a very low probability, I think you should follow your ISP and re-balance as often as it is calling for - does not matter how ...
by deikel
Fri Mar 13, 2020 12:33 pm
Forum: Personal Investments
Topic: What does your Crystal Ball say?
Replies: 96
Views: 4801

Re: What does your Crystal Ball say?

most of the worst outbreaks seem to be in countries with cooler weather (China/South Korea/Iran/Italy) and not so much in more predominantly warmer places like India (where it could possibly spread like crazy/dense population), Singapore, etc. Hoping 80-100 degree weather in many parts of world mak...
by deikel
Fri Mar 13, 2020 12:22 pm
Forum: Investing - Theory, News & General
Topic: Flashback '87
Replies: 10
Views: 625

Re: Flashback '87

mmmmh, the problem is that it IS your health and for some it will be their life....and some will not go home to their loced ones once this is over.....so not such a cool comparison. Respectfully, maybe you misunderstood me. Its been a rough week for all and people are understandably cagey. But my p...
by deikel
Fri Mar 13, 2020 12:19 pm
Forum: Investing - Theory, News & General
Topic: Flashback '87
Replies: 10
Views: 625

Re: Flashback '87

mmmmh, the problem is that it IS your health and for some it will be their life....and some will not go home to their loced ones once this is over.....so not such a cool comparison. If you are 80 years old with serious underlying medical issues, you have an 85% chance of “surviving” coronavirus. Pe...
by deikel
Fri Mar 13, 2020 12:09 pm
Forum: Personal Investments
Topic: What does your Crystal Ball say?
Replies: 96
Views: 4801

Re: What does your Crystal Ball say?

most of the worst outbreaks seem to be in countries with cooler weather (China/South Korea/Iran/Italy) and not so much in more predominantly warmer places like India (where it could possibly spread like crazy/dense population), Singapore, etc. Hoping 80-100 degree weather in many parts of world mak...