Search found 830 matches

by visualguy
Tue Nov 13, 2018 6:19 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: How much international stock? A suggestion.

Bogle claimed that international investing wasn't necessary , and he since he made that statement, he has been unequivocally correct. You can call it luck or anything else you want, but there's no denying that the results have supported his affirmation. Bogle has not been unequivocally correct. To ...
by visualguy
Tue Nov 13, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 121
Views: 14023

Re: [Financial] Habits of the Rich

Theseus wrote:
Tue Nov 13, 2018 5:32 pm
- Have other people make money for you. I.e. own a business.
Yup - this is key. You do need to have the right personality for this, though. Also, when things go south with a business with employees, money can evaporate much quicker than when losing a job, so need to be careful...
by visualguy
Tue Nov 13, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: How much international stock? A suggestion.

tadamsmar wrote:
Tue Nov 13, 2018 5:41 pm
By "harmed" and "out-performed" and "performance", you just mean return and nothing more.
No, I mean taking into account both return and volatility.
by visualguy
Tue Nov 13, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 121
Views: 14023

Re: [Financial] Habits of the Rich

For example, I don't consider a person who can't buy a very nice car without worrying about the money to be "rich", but for some others such a person could still be considered "rich". If you read the book "Millionaire Next Door," you would be surprised to learn that a lot of us drive very ordinary ...
by visualguy
Tue Nov 13, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: How much international stock? A suggestion.

If having ex-US as part of the portfolio always harmed you in the long run in the past, how can it be a "good strategy"? That’s not the situation we’re in, though. International stocks have underperformed US stocks recently , but over the long-run international diversification has done exactly what...
by visualguy
Tue Nov 13, 2018 2:38 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: How much international stock? A suggestion.

No, I’m saying he made the wrong bet and got lucky. It’s like a friend winning a few hands st blackjack: if doesn’t prove that betting against the house is a smart strategy. There’s a important difference between a good strategy and a lucky outcome. How do you determine if a strategy is good? If ha...
by visualguy
Tue Nov 13, 2018 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 121
Views: 14023

Re: [Financial] Habits of the Rich

I would have to debate calling most people here rich. To me, rich is at the level when you are well past the FIRE stage (Financial Independence, Early Retirement). Of course, you can eventually become rich, but most people here would not qualify. I would say that you are rich if your assets are pro...
by visualguy
Mon Nov 12, 2018 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 121
Views: 14023

Re: [Financial] Habits of the Rich

Without fun cars, what's the point of being rich? Security "Rich" means different things to different people, so I never know what a person means when they say that word... It can mean so many things which are not mutually exclusive, of course, but aren't the same thing: income above a certain leve...
by visualguy
Mon Nov 12, 2018 3:05 am
Forum: Personal Finance (Not Investing)
Topic: Executive Search
Replies: 3
Views: 830

Re: Executive Search

It's unusual for a non-executive to be recruited as an executive by another company. It's more typical for someone who is already an executive to be recruited. If you can't get promoted at your company, you could move to another company as a non-executive, and potentially get promoted there. Another...
by visualguy
Sun Nov 11, 2018 6:35 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: How much international stock? A suggestion.

I'm fortunate to see through it. The good thing is this forum allows for a healthy debate. With that being said, young investors seeing both sides of the debate will make a choice. In my opinion, if a young investor decides to go U.S. only, it's not a good choice. I am going to guess young investor...
by visualguy
Sun Nov 11, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 121
Views: 14023

Re: Habits of the Rich

Having a high income is the most important factor, so focus on a career that can make you a lot of money. If the spouse does that too, this can make a big difference as well. It's much easier to save and invest when a lot of money is coming in than when you have to pinch pennies and struggle with de...
by visualguy
Sat Nov 10, 2018 9:21 am
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: How much international stock? A suggestion.

He does say to avoid it, but if you must invest in it, don't go over 20%. I don't get the 30+ year horizon argument. You could have made it in the past, and it didn't work out. I'm with Bogle and history on this - 0% for me. Do you know what the next several decades holds in store? Things change an...
by visualguy
Fri Nov 09, 2018 10:02 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: How much international stock? A suggestion.

Is there a way to see the returns of a portfolio that contributes $1000 to the US total stock market portfolio on a monthly basis since inception, vs one that contributes $800 to US and $200 to intl indices? Yes, you can do it on portfolio visualizer. From 1986 until today (32 years), with your con...
by visualguy
Fri Nov 09, 2018 9:24 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: Words of wisdom

Buy the haystack* *Just 55% of the haystack though... The other 45% sucks! When are we adding this to the next edition of the Bogleheads Guide to Investing ? Anyone who listens to Bogle (i.e. "Bogleheads"), or looks at historical long-term performance already knows it, but I would definitely add so...
by visualguy
Fri Nov 09, 2018 8:36 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: Words of wisdom

Bogleheads: When I look at oldzey's graph (above), I am reminded of this statement by author Bill Bernstein: "When I disagree with Jack Bogle – I am usually wrong." Best wishes. Taylor Buy the haystack* *Except for international because one guy told me not to And because it has shown itself to be a...
by visualguy
Fri Nov 09, 2018 3:48 pm
Forum: Investing - Theory, News & General
Topic: How much international stock? A suggestion.
Replies: 411
Views: 76758

Re: How much international stock? A suggestion.

I'm with Jack! :beer Good for you! However, Jack does not state to avoid ex-US all together, but rather limit your exposure (~20%) :beer For those with 30+ years of investment horizon, I'd wager to say there are compelling reasons to be diversified He does say to avoid it, but if you must invest in...
by visualguy
Fri Nov 09, 2018 1:44 am
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 45321

Re: Whats your number to walk away?

All good points. The risk of physical and mental degeneration following disengagement is very real. One of the keys to successfully FIREing is going into it with the mindset that I am not retiring but transiting into something else. Quiet frankly, the thought of not being busy terrifies me. Five ye...
by visualguy
Thu Nov 08, 2018 3:00 am
Forum: Investing - Theory, News & General
Topic: Whats your number to walk away?
Replies: 301
Views: 45321

Re: Whats your number to walk away?

I think $5M is reasonable for retiring sometime in the 50s in terms of covering expenses, some travel, and medical/long-term care. Not a luxurious lifestyle though - no regular international travel in business class, six-figure cars, or anything like that. To add some of that, $6M would be better, s...
by visualguy
Wed Nov 07, 2018 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

Hi, My Mom and Dad both had LTC. Mom had early-stage Alzheimers and Dad had trouble with balance. I moved them both to a beautiful assisted living facility and immediately applied for their LTC. They had a 90 day waiting period so as soon as I called their company that I wanted LTC to start the 90 ...
by visualguy
Wed Nov 07, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

Yes, such a policy would be far more attractive to most Bogleheads I think. I would be far more interested in it because the first three to five years of care could be self-insured without too much difficulty. It's stays that are significantly longer than could be truly financially detrimental for ...
by visualguy
Wed Nov 07, 2018 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

There are a lot of variables and options to consider in any policy. You really need to spend some time to "tailor" the options to what you need. I think some sort of inflation rider is important but those can cause the policy to get expensive (like a 3% rider) . I got the book Long Term Care for Du...
by visualguy
Wed Nov 07, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

Does her doctor say she needs care? If so, most policies will pay. I have been involved with many claims and NEVER had any issues. Just had a client go on claim and they had been paying for home care, they didn't realize that their policy didn't require a waiting period, payment from first day. For...
by visualguy
Wed Nov 07, 2018 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

In general, there are two triggers that cause benefits to be approved, either cognitive disability, or not being able to perform two actives of daily living (examples - feeding yourself, continence, transferring yourself, bathing, dressing, bathing). I'm facing this situation right now with my moth...
by visualguy
Wed Nov 07, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

I am very confused about long term care insurance. Many different products and many different possible future needs. Makes me think I should not touch them with a ten-foot pole. It's not that complicated. I think it is a pretty murky area for most of us... I'll see if I can learn the details by fin...
by visualguy
Wed Nov 07, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

Artful Dodger wrote:
Wed Nov 07, 2018 2:29 pm
For those who advocate self insurance, make sure your heirs or appointed trustee knows what facilities you want and has authority to get you admitted, access to your accounts to pay bills, etc.
This is true regardless of whether you self insure or not.
by visualguy
Wed Nov 07, 2018 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

My experience was that once my parents got to the point of needing the LTC insurance, they were ALSO incapable of jumping through the application of benefit hoops. You must pair this with a younger generation having medical power of attorney AND acting as designated contact within the LTC policy. I...
by visualguy
Tue Nov 06, 2018 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

I went with Mass Mutual. Before I contacted an LTCi specialist, I researched the financial stability of several companies. That left me with four that had the highest Moody ratings. Then I looked at BBB and insurance complaints in my state. Then I looked at rate increases. Mass Mutual Mutual of Oma...
by visualguy
Tue Nov 06, 2018 6:05 pm
Forum: Personal Consumer Issues
Topic: Time to splurge. MB E class, BMW 5 or Audi 6?
Replies: 70
Views: 5956

Re: Time to splurge. MB E class, BMW 5 or Audi 6?

It seems like you are pretty intent on buying new and doing European delivery, but these mid size German sedans plummet in value in a couple of years. After that, they hold their value pretty well. I would buy a gently used one at a 50% discount :happy Mercedes typically has a good end of year sale...
by visualguy
Tue Nov 06, 2018 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

WoW2012 wrote:
Tue Nov 06, 2018 5:28 pm
visualguy wrote:
Tue Nov 06, 2018 4:33 pm
It just doesn't seem easy to find truly good insurance for this.
It's easy if you work with an LTCi specialist.
It's hard if you work with an insurance generalist or "investment adviser".
How would you find a good LTCi specialist?
by visualguy
Tue Nov 06, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7398

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

Goal33 wrote:
Tue Nov 06, 2018 5:44 pm
Come back when you have an offer
+1

A recruiter contacting you means very little. The vast majority of these cases don't lead to a job offer. No need to waste time analyzing a move until things get a lot more serious.
by visualguy
Tue Nov 06, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Long-term Care Insurance
Replies: 184
Views: 8769

Re: Long-term Care Insurance

It's hard for a married couple to "self insure" and maintain the healthy spouse's financial security. The financial consequences to the healthy spouse is why most people should not plan on "self-insuring". It depends on the resources... For example, if there's $1M extra in retirement savings that c...
by visualguy
Tue Nov 06, 2018 1:42 am
Forum: Personal Consumer Issues
Topic: Time to splurge. MB E class, BMW 5 or Audi 6?
Replies: 70
Views: 5956

Re: Time to splurge. MB E class, BMW 5 or Audi 6?

Tesla. S or 3 performance. Be sure to drive one before you settle for a bmw/audi, ;) That is all. Not really comparable... Teslas don't have some important features like surround view cameras (extremely helpful when parking) and a head-up display. Also, there are big differences in interiors, ergon...
by visualguy
Mon Nov 05, 2018 2:17 am
Forum: Personal Consumer Issues
Topic: retirement travel: RVs vs fly/drive/hotel
Replies: 98
Views: 9142

Re: retirement travel: RVs vs fly/drive/hotel

We are dramatically more intrigued by the destination than the journey, and find driving monotonous. I would take an airplane to the grocery store if there weren't so many logistical issues. LOL - I hate road trips. And nowadays there are so many crazy drugged, distracted drivers and speeding jacka...
by visualguy
Sun Nov 04, 2018 11:40 pm
Forum: Personal Consumer Issues
Topic: Time to splurge. MB E class, BMW 5 or Audi 6?
Replies: 70
Views: 5956

Re: Time to splurge. MB E class, BMW 5 or Audi 6?

I would wait for the new 3-series which was just introduced. It looks like it has pretty much everything that makes the 5-series so great, but at a more reasonable size and less weight. I love the 5-series, but these cars are a bit too large now and not quite nimble-enough. I would take a serious lo...
by visualguy
Wed Oct 31, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire??
Replies: 26
Views: 3098

Re: Can I retire??

I agree about making sure the desire to retire is really there... I also "retired" in my early 50s, and then went back to work. I'll consider it again in my late 50s. I don't think I'll work past 60, but early or mid 50s is a bit too early in my opinion unless you really dislike your job. As a rece...
by visualguy
Wed Oct 31, 2018 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire??
Replies: 26
Views: 3098

Re: Can I retire??

Finaces look good. Make sure you want to retire. If you enjoy going to work then maybe stay longer. At 55 you have lots of years and time to find what to do every day. I retired at 52 and then went back to work at 54 because I enjoy working. I still get to do all the other things I enjoy and take m...
by visualguy
Wed Oct 31, 2018 5:13 pm
Forum: Investing - Theory, News & General
Topic: Why I'm NOT 100% stocks
Replies: 36
Views: 5113

Re: Why I'm NOT 100% stocks

Anyone who expects a portfolio containing fixed income to outperform (or match) 100% equites on a total return basis over any meaningful time period is being intellectually dishonest. This has happened before, so not sure why it wouldn't happen again, or how it can be "intellectually dishonest" to ...
by visualguy
Tue Oct 30, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]
Replies: 69
Views: 6217

Re: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]

I wouldn't say I get giddy seeing it drop, but I do get giddy when I see so many people on here capitulating with respect to international investing and listing a myriad of justifications for why international is destined to continue its recent underperformance and why the US is so great. The USA c...
by visualguy
Tue Oct 30, 2018 1:40 am
Forum: Investing - Theory, News & General
Topic: Should we discourage the bond tent?
Replies: 53
Views: 4142

Re: Should we discourage the bond tent?

Based on above, I feel I have lower risk tolerance now when my money has to last 30 years and will have higher risk tolerance in 20 years when my money only has to last 10 years. Hard to say... Those last years can be very expensive. Expenses related to health, long-term care, moving to a CCRC. Som...
by visualguy
Tue Oct 30, 2018 12:13 am
Forum: Investing - Theory, News & General
Topic: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]
Replies: 69
Views: 6217

Re: Anyone else feel giddy every time VXUS gets creamed?

Nah. Can't say I do. I'm still not convinced that I'm not throwing good money after bad, but hopefully I'm wrong. I think it's fine. Over the long-term, 6,500 stocks that represent the majority of publicly-traded companies that are domiciled outside the US can't be bad. For what it's worth, my oper...
by visualguy
Mon Oct 29, 2018 11:39 pm
Forum: Investing - Theory, News & General
Topic: "The long term...."
Replies: 10
Views: 1376

Re: "The long term...."

5 years is my long term. Life is short. 5 years still got you a negative nominal (not to mention real) return after 2000 as well as some other occasions in the past. I agree that life is a bit too short for this... The ability to invest a lot in the stock market comes pretty late in life for most p...
by visualguy
Mon Oct 29, 2018 11:22 pm
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor: Cap on Distribution to Roth IRA?
Replies: 12
Views: 955

Re: Mega Backdoor: Cap on Distribution to Roth IRA?

Based on my research, you don't need to worry about your existing tIRAs in the context of Mega Backdoor, so you didn't really need to transfer them to your 401(k) from this perspective. Mega Backdoor goes straight to Roth, it doesn't get converted from a tIRA, so there's no issue with pro-rata taxat...
by visualguy
Mon Oct 29, 2018 11:11 pm
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 119
Views: 19171

Re: New retirees: so whatdayathink ?

Did you mean that you are realy to unretire? That's a good question. There were some benefit-related reasons why it made sense for me to retire when I did, and I've asked myself whether, without those considerations, I would have been better off taking a sabbatical or an unpaid leave. The answer tu...
by visualguy
Mon Oct 29, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: "The long term...."
Replies: 10
Views: 1376

Re: "The long term...."

Ron Scott wrote:
Mon Oct 29, 2018 10:36 pm
Equities in a truly ROBUST portfolio will sit for 15-20 years without being needed for spending.
That's also how I view long term in the context of the stock market. Basically, it's how long you needed to wait in the past in some cases to get a somewhat decent real return after tax.
by visualguy
Mon Oct 29, 2018 6:14 pm
Forum: Investing - Theory, News & General
Topic: 401k down 8% this month
Replies: 58
Views: 6814

Re: 401k down 8% this month

dm200 wrote:
Mon Oct 29, 2018 6:04 pm
The time to assess your risk tolerance is before such a drop happens - not after .. :oops:
Right, but this may be just part of the drop... The gains of only one year evaporated. We could easily see the gains of two years evaporate, and the market would still be highly-valued.
by visualguy
Mon Oct 29, 2018 5:28 pm
Forum: Investing - Theory, News & General
Topic: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]
Replies: 69
Views: 6217

Re: Anyone else feel giddy every time VXUS gets creamed?

Nah. Can't say I do. I'm still not convinced that I'm not throwing good money after bad, but hopefully I'm wrong. I think it's fine. Over the long-term, 6,500 stocks that represent the majority of publicly-traded companies that are domiciled outside the US can't be bad. For what it's worth, my oper...
by visualguy
Mon Oct 29, 2018 4:11 pm
Forum: Investing - Theory, News & General
Topic: Anyone else feel giddy every time VXUS gets creamed? [Vanguard Total International]
Replies: 69
Views: 6217

Re: Anyone else feel giddy every time VXUS gets creamed?

Nah. Can't say I do. I'm still not convinced that I'm not throwing good money after bad, but hopefully I'm wrong. I think it's fine. Over the long-term, 6,500 stocks that represent the majority of publicly-traded companies that are domiciled outside the US can't be bad. For what it's worth, my oper...
by visualguy
Sun Oct 28, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking of Retiring at 52, Please Critique Plan
Replies: 61
Views: 9508

Re: Thinking of Retiring at 52, Please Critique Plan

Just some FYI, I retired at 52, 2 years ago. Both kids are in college so I had no kids to worry about. My wife is a teacher and still works. We traveled took care of our 2 sets of parents and enjoyed. Then after that I went back to work 3 months ago. I am lucky to have another great job. I work bec...
by visualguy
Sat Oct 27, 2018 5:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7814
Views: 1605438

Re: U.S. stocks in freefall

Historically, it's outperformed BH by over 1.5% annually and substantially reduced drawdowns as well. However, there are infinite strategies that can be created after the fact that beat BH or any other strategy. How it performs going forward is the real measure, and we'll just have to wait and see....
by visualguy
Sat Oct 27, 2018 4:48 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 1247
Views: 105782

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The thing that really bothers me about this situation is that it shows us that risk may very well not be rewarded with stocks even over the long term and even with a large highly-diversified investment such as the entire ex-US index. Well, of course, taking risk is not guaranteed to be rewarded or ...