Search found 2069 matches

by 2015
Wed Nov 14, 2018 11:53 pm
Forum: Investing - Theory, News & General
Topic: Milevsky: Should retirees try to hedge inflation, or just worry about it?
Replies: 1
Views: 373

Re: Milevsky: Should retirees try to hedge inflation, or just worry about it?

Another Crock of Theory by another "well-respected." In real life, that is, in Reality, inflation (like everything having to do with investing, personal finance, and microeconomics) is best represented by a range of probabilities . Spending is known to follow a "smile pattern" in retirement, even af...
by 2015
Wed Nov 14, 2018 11:46 pm
Forum: Investing - Theory, News & General
Topic: Does Early Retirement Make You Live Longer?
Replies: 70
Views: 3956

Re: Does Early Retirement Make You Live Longer?

I don't know about living longer, but I am certainly living monumentally better. :D
by 2015
Wed Nov 14, 2018 11:38 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 98
Views: 5416

Re: Are you all staying the course?

Having taken actions in advance of market declines of any sort goes a long way to helping one stay the course they have set. Those actions would include, but are not limited to, having a well thought out process and being prepared for market returns significantly below historical norms.
by 2015
Wed Nov 14, 2018 12:22 am
Forum: Personal Consumer Issues
Topic: Windows 10 October Update (1809)
Replies: 32
Views: 2187

Re: Windows 10 October Update (1809)

A bit of a mea culpa from macrohard regarding the October update debacle: https://www.zdnet.com/article/microsoft-resumes-rollout-of-windows-10-version-1809-promises-quality-changes/ In a blog post, Microsoft's John Cable, the director of Program Management for Windows Servicing and Delivery, says t...
by 2015
Tue Nov 13, 2018 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Won a lawsuit after a wrongful death in the family. How to invest?
Replies: 18
Views: 3091

Re: Won a lawsuit after a wrongful death in the family. How to invest?

Welcome to the forum :) . It's good to see that you are debt free. "The Little Book of Common Sense Investing" is a good choice for what to read on investing. Here is some more general advice on dealing with a windfall. 1) take your time, there is no rush; 2) temporarily park the money for a short ...
by 2015
Tue Nov 13, 2018 11:46 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2303
Views: 1454874

Re: The Three-Fund Portfolio

Investing a hobby ? Really? There is a sinkhole in anyone's future who regards investing as "fun", "interesting", or a "hobby". It's just a matter of time. Time would be much better spent taking up golf, badminton, or croquet, or at least learning the solid history of failures on the part of those ...
by 2015
Tue Nov 13, 2018 11:35 pm
Forum: Investing - Theory, News & General
Topic: Morningstar downgrades several Vanguard funds
Replies: 14
Views: 3067

Re: Morningstar downgrades several Vanguard funds

This is absurd. First, it's not true to any meaningful degree. And, second, even if it were, it's a market-cap-weighted index fund. My thoughts exactly. How do you "downgrade" an index fund based on its weightings? M* is in the business to sell investment advice. While they do supply useful informa...
by 2015
Mon Nov 12, 2018 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Time Value of Money vs. Variable Percentage Withdrawal (VPW)
Replies: 48
Views: 1920

Re: Time Value of Money vs. Variable Percentage Withdrawal (VPW)

Please link or quote where longinvest has explicitly stated annuitization is a required aspect of VPW, because I've not seen that in any of his explanations. It's right from the Wiki . VPW completely exhausts the portfolio by age 100. Ok, I see where you got that, but the wiki states: VPW is best u...
by 2015
Mon Nov 12, 2018 11:30 pm
Forum: Personal Consumer Issues
Topic: Should I reject Google drive for privacy/tracking?
Replies: 38
Views: 2970

Re: Should I reject Google drive for privacy/tracking?

One thing to keep in mind with cloud storage like Dropbox or google drive is that your requirements for backup, retention, and restore may not be met by the storage provider’s implicit or explicit policy. For instance, if you realize that you inadvertently deleted a file sometime in the past, will ...
by 2015
Mon Nov 12, 2018 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Sold house. need sanity check
Replies: 5
Views: 1521

Re: Sold house. need sanity check

Sold my home and netted $94k from the sale. Currently renting, but will be looking to purchase a new home fairly soon next 3-6 months. I plan to use all of 94,000 to put a hefty down payment and necessary repairs to the next house. This money was tied up in a house, so it's not like I ever knew tha...
by 2015
Mon Nov 12, 2018 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Time Value of Money vs. Variable Percentage Withdrawal (VPW)
Replies: 48
Views: 1920

Re: Time Value of Money vs. Variable Percentage Withdrawal (VPW)

I don't get it. How can inputting an expected rate of return in a complex adaptive system be anything but a major drawback? Get that wrong and the whole proposition flies out the window. To me, it's another example of the overconfident flying blind in a dynamic system (investing), a most perilous c...
by 2015
Mon Nov 12, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: Roth Investment Theory
Replies: 45
Views: 3638

Re: Roth Investment Theory

The thing is at some point everyone DCAs (including Warren Buffet). Since we do not have the entire wealth of the world at our fingertips to choose to invest that entire sum before we die, we invest smaller sums of it at any given time throughout our lifetime. The question is simply duration and vo...
by 2015
Mon Nov 12, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Time Value of Money vs. Variable Percentage Withdrawal (VPW)
Replies: 48
Views: 1920

Re: Time Value of Money vs. Variable Percentage Withdrawal (VPW)

So far, the only drawback of this annuitization approach to VPW that I can see is that it requires the user to input a couple of unknowns, the number of years to amortize over and the expected rate of return, to compute the current year's withdrawals. For most Bogleheads, this seems like a very min...
by 2015
Sun Nov 11, 2018 11:13 pm
Forum: Investing - Theory, News & General
Topic: Paycheck in retirement
Replies: 5
Views: 1969

Re: Paycheck in retirement

I neither need nor want financial porn theory coming from an academic to muddy up my retirement "paycheck" process birthed by simplicity. Annually, I simply take out the year's expenses from one of my liability matched CD's and place it in Ally's online savings account. I then transfer my "paycheck"...
by 2015
Sun Nov 11, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 132
Views: 15796

Re: [Financial] Habits of the Rich

Never stop reading (non-fiction business books), growing, or engaging in self-development. Never forget that successful, effective, and high performing men and women always do what they have to do, in advance of when they have to do it, whether they feel like it or not.
by 2015
Sun Nov 11, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: Roth Investment Theory
Replies: 45
Views: 3638

Re: Roth Investment Theory

The thing is at some point everyone DCAs (including Warren Buffet). Since we do not have the entire wealth of the world at our fingertips to choose to invest that entire sum before we die, we invest smaller sums of it at any given time throughout our lifetime. The question is simply duration and vo...
by 2015
Sat Nov 10, 2018 11:36 pm
Forum: Investing - Theory, News & General
Topic: The Perfect Portfolio for You
Replies: 27
Views: 4178

Re: The Perfect Portfolio for You

Reminds me of the concept to always be mindful that others are playing a metagame different than your own. I believe more important than philosophy, strategy, or even discipline is knowing one's own mind. If you don't understand that virtually everyone is playing the amateurs game against select pro...
by 2015
Fri Nov 09, 2018 3:42 pm
Forum: Personal Consumer Issues
Topic: Paper or Paperless? How and what financial records do you keep?
Replies: 50
Views: 3550

Re: Paper or Paperless? How and what financial records do you keep?

I do the same thing with Veracrypt and Google Drive. VC is fantastic, and I wouldn't store anything in the cloud without locally encrypting using VC first. I do all updating on Google Drive manually as I want total control of the process. I don't want anything more to do with macrohard than I alrea...
by 2015
Fri Nov 09, 2018 3:36 pm
Forum: Personal Consumer Issues
Topic: Should I reject Google drive for privacy/tracking?
Replies: 38
Views: 2970

Re: Should I reject Google drive for privacy/tracking?

Not sure what to say other than "get used to it". Even if you don't actively participate online, maybe you use a credit or debit card, maybe you have a consumer 'rewards'/loyalty card membership of some sort, maybe you or your car plates are getting scanned by roaming cameras. There are other lesse...
by 2015
Fri Nov 09, 2018 2:21 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax on TaxMarkDown.com
Replies: 37
Views: 3719

Re: TurboTax on TaxMarkDown.com

Receiving the download and the company being legit are two different things. These websites pop up every year and they never operate at the same web address for more than one year. Next year they will have a different domain name. Chances are they are selling pirated software. +1 It appears the dom...
by 2015
Fri Nov 09, 2018 2:12 am
Forum: Investing - Theory, News & General
Topic: Vanguard closure last week
Replies: 21
Views: 4655

Re: Vanguard closure last week

Not enough threads last week complaining about VG so VG decided to close to get the belly aching going again. Seriously, I don't understand why those unhappy with VG don't spend their time more productively by moving their accounts elsewhere as opposed to complaining. I have no issues with VG, didn'...
by 2015
Fri Nov 09, 2018 1:43 am
Forum: Personal Finance (Not Investing)
Topic: taxact 2018 tax year software price increase 100%?
Replies: 15
Views: 1565

Re: taxact 2018 tax year software price increase 100%?

I just pulled up the Taxact website, and apparently they've changed the model yet again. Two days ago there was still a "Plus" version (download version), but as of today there is no longer a Plus version. The equivalent is apparently the Premier version, for $81.90, plus a fee for state filing (pr...
by 2015
Fri Nov 09, 2018 1:18 am
Forum: Investing - Theory, News & General
Topic: Diversification Regret
Replies: 114
Views: 13015

Re: Diversification Regret

Taking all emotion out of the equation, what remains is the simple fact that complexity can and does in fact work. Until it doesn't . History has shown this without fail. In any complex adaptive system there is no way to know when the spiked punch bowl, whatever the flavor, will run dry. Why? To quo...
by 2015
Fri Nov 09, 2018 12:53 am
Forum: Investing - Theory, News & General
Topic: Stock markets not at all time highs
Replies: 19
Views: 2451

Re: Stock markets not at all time highs

Twitter is "the noise" on steroids.
by 2015
Thu Nov 08, 2018 12:29 am
Forum: Personal Finance (Not Investing)
Topic: How much money are you leaving your kids after you die?
Replies: 234
Views: 14515

Re: How much money are you leaving your kids after you die?

Legacy is everything to me. I love my kids. My grandkids fall far... far and away behind my sons. Life is unpredictable. Like my parent, I want to give them a chance to live comfortably during their retirement. To me, having money is not about what's in it for me. It's about not worrying about tomo...
by 2015
Thu Nov 08, 2018 12:20 am
Forum: Personal Consumer Issues
Topic: Paper or Paperless? How and what financial records do you keep?
Replies: 50
Views: 3550

Re: Paper or Paperless? How and what financial records do you keep?

I've been almost 100% paperless for a few years now. * Encrypted containers (VeraCrypt) for statements, taxes, health, and some specific purposes too. Most PDFs downloaded from websites, but occasionally I scan one too. * Veracrypt containers reside in a folder in my Google Drive folder, and VeraCr...
by 2015
Thu Nov 08, 2018 12:05 am
Forum: Investing - Help with Personal Investments
Topic: How much is too much in savings account?
Replies: 17
Views: 3725

Re: How much is too much in savings account?

I would suspect that the money might eventually be used for things like buying a car, a house downpayment, a vacation, moving to a new apartment, etc. If that is the case then a savings account is fine, but you should find one that pays a reasonable amount of interest, some of the local banks pay n...
by 2015
Wed Nov 07, 2018 11:59 pm
Forum: Personal Consumer Issues
Topic: Updating Microsoft Word
Replies: 19
Views: 1730

Re: Updating Microsoft Word

bob60014 wrote:
Wed Nov 07, 2018 9:46 pm
Libre Office , open source and compatible with most word and office products.

https://www.libreoffice.org
+1
Excellent free replacement and gets you away from Microsoft.
by 2015
Wed Nov 07, 2018 11:50 pm
Forum: Investing - Theory, News & General
Topic: Diversification Regret
Replies: 114
Views: 13015

Re: Diversification Regret

... Diversification is the last refuge of the scoundrel. -- Jack Bogle Best wishes. Taylor So who are the scoundrels? My guess is that these are the advisors who sell questionable and expensive investments to investors in the name of diversification. If you include those investors who factor tilt, ...
by 2015
Wed Nov 07, 2018 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 83
Views: 9588

Re: Are We In A Real Estate Bubble?

Maybe not a "bubble" per se, but prices have been cooling in some major markets all year. Redfin CEO talked about this on some type of earnings call this past summer. I can't believe I accidentally "timed" the SoCal market by buying cheap years ago and selling quite dear just this year. Another exam...
by 2015
Tue Nov 06, 2018 12:31 am
Forum: Personal Finance (Not Investing)
Topic: Estate Documents
Replies: 32
Views: 2619

Re: estate Documents

I live in California. Here are the estate planning documents that have been created for my wife and me. Last Will and Testament Living Trust Durable Power of Attorney for Property Health Care Directive (including Power of Attorney for Health Care) HIIPPA release I was recently responsible for settl...
by 2015
Tue Nov 06, 2018 12:23 am
Forum: Investing - Theory, News & General
Topic: Diversification Regret
Replies: 114
Views: 13015

Re: Diversification Regret

Bogleheads: The Three Fund Portfolio contains over 15,000, non-overlapping, worldwide securities at extremely low cost. This amount of diversification was unthinkable until the introduction by Jack Bogle of total market index funds. " More diversification " is a term often used by brokers and advis...
by 2015
Tue Nov 06, 2018 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Do I need more than Original Medicare?
Replies: 110
Views: 6080

Re: Do I need more than Original Medicare?

It's time to study your options. In some states/areas Medicare Advantage plans are FREE in other areas they have a monthly premium. If you have used private insurance in the past check to see if they have a Medicare Advantage program and how it works. However, there are some rules that limit your a...
by 2015
Mon Nov 05, 2018 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax software: online vs download versions
Replies: 15
Views: 1772

Re: Tax software: online vs download versions

I have assumed that with the online version that your data are stored on the cloud. And with the download/CD version that they are stored on your computer. So I always used the download/CD. Am I right? Yes, online version information is (presumably) stored on the software vendor's servers. Download...
by 2015
Mon Nov 05, 2018 12:36 am
Forum: Personal Consumer Issues
Topic: What are you learning or studying?
Replies: 112
Views: 9308

Re: What are you learning or studying?

It is sure amazing what is available on Coursera, YouTube, etc, and even picking up an old text book- curious what y'all are learning for fun! Another thing I have read recently and trying to implement is self-experimentation. The key reference is Seth Roberts's paper, https://escholarship.org/uc/i...
by 2015
Mon Nov 05, 2018 12:19 am
Forum: Investing - Theory, News & General
Topic: Risk-based factor explanations: How can factors be non-diversifiable risk?
Replies: 8
Views: 775

Re: Risk-based factor explanations: How can factors be non-diversifiable risk?

I can't think of a better way to lose money foolishly than to sit down at the casino's Factor Table. When you look around the Table, you see one well-dressed guy with shades on representing The House, and the rest a bunch of patsies, dressed in their best Theory outfits. The House always lets a suck...
by 2015
Mon Nov 05, 2018 12:12 am
Forum: Personal Consumer Issues
Topic: Post FiRE job...teaching??
Replies: 33
Views: 3909

Re: Post FiRE job...teaching??

Thank you for all your great responses! I will poke around and ask questions with the cc. Bouncing around other ideas too...one must have is to be close to home. Perhaps i could find a job working for the city. Perhaps i could start some kind of consultancy specializing in pm guidance/mentoring (my...
by 2015
Mon Nov 05, 2018 12:04 am
Forum: Investing - Theory, News & General
Topic: How low can BND go?
Replies: 65
Views: 7689

Re: How low can BND go?

Investors do far more damage to their returns chasing yield than the markets do. History has shown this to be so without fail (read Devil Take The Hindmost, among others). Neuroscience has demonstrated the thought of making a financial gain affects the same part of the brain as cocaine, a loss affec...
by 2015
Sat Nov 03, 2018 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Close to the Bull Trap phase of the market cycle
Replies: 32
Views: 2771

Re: Close to the Bull Trap phase of the market cycle

Oh there's all kinds of "Bull Traps", but they have nothing to do with the markets. Every link you posted is a "Bull Trap" of a different sort. Sounds like you need to start from the ground up. Read investing books , not links . Go to the Wiki and read the books recommended there. Read the books cov...
by 2015
Sat Nov 03, 2018 12:35 am
Forum: Investing - Theory, News & General
Topic: What is an "advanced" investor?
Replies: 34
Views: 2567

Re: What is an "advanced" investor?

To me an advanced investor means one knows enough to know that most stuff doesn't matter beyond the basics. Most of us who consider ourselves "advanced" are on here to debate small details that don't really matterjust out of intellectual curosity, ask specific tax/ estate law/ SS issues/ insurance ...
by 2015
Fri Nov 02, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: The biggest rallies in stocks have happened during the worst times to be invested
Replies: 15
Views: 2313

Re: The biggest rallies in stocks have happened during the worst times to be invested

"Most of what matters as a long-term investor is how you behave during the 1% of the time everyone else is losing their cool. Every one of the market's top days took place during periods of sheer terror. Of the 20 best market days of all time, 17 were during the Great Depression, 1 was a few days Af...
by 2015
Fri Nov 02, 2018 11:31 pm
Forum: Personal Consumer Issues
Topic: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?
Replies: 51
Views: 2363

Re: Multiple newspaper and magazine subscriptions - how much do you pay to stay informed?

I would never pay for newspaper or magazines. When I do read anything advertising driven, it's built on a foundation of skepticism. I've found no substitute for reading books, particularly books outside the fields of investing, personal finance, and macroeconomics. Reading in these areas does in fac...
by 2015
Fri Nov 02, 2018 11:21 pm
Forum: Investing - Theory, News & General
Topic: Ignorance (toward Volatility) is bliss from Vanguard
Replies: 5
Views: 712

Re: Ignorance (toward Volatility) is bliss from Vanguard

I've been unable to find a more blissful feeling than living independent of what the markets are doing. Equally so is remaining unknowledgeable of all marketing/ego gimcrack disguised as financial information disgorging from academics, bloggers, the "good guys", the "well-respecteds", money authors,...
by 2015
Fri Nov 02, 2018 11:04 pm
Forum: Investing - Theory, News & General
Topic: "Individual investors should have access to Private Equity"
Replies: 46
Views: 3420

Re: "Individual investors should have access to Private Equity"

Why should the government tell me who I should be doing business with? To protect people, just like the USDA and meat. The securities industry has a long history for abusing its clients. Also, as my compliance manager said - never sell anything to a grandmother, they always win in court. The are so...
by 2015
Thu Nov 01, 2018 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Donut Hole is "Closing" in 2019
Replies: 11
Views: 2323

Re: Medicare Donut Hole is "Closing" in 2019

To further complicate things, my Medicare Advantage plan includes Part D coverage. In this plan, there is no "donut hole". After a deductible, we pay the initial amount until it reaches the catastrophic range. It seems these changes will affect my plan too, but I have no idea to what extent. I'm no...
by 2015
Thu Nov 01, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Minimalist Lifestyle
Replies: 92
Views: 11664

Re: Minimalist Lifestyle

I'd used to be a hard core minimalist before I moved to paradise and bought the best home I've ever lived in. Now I'm dropping all kinds of money into it because I can. Decluttering and minimization are nothing more than signs of our time. Every generation and every age has its zeitgeist. The Singul...
by 2015
Thu Nov 01, 2018 9:16 pm
Forum: Investing - Theory, News & General
Topic: Brett Arends: Here's a simple way to beat a bear market
Replies: 38
Views: 5203

Re: Brett Arends: Here's a simple way to beat a bear market

Marketwatch. A miserable waste of reading time.
by 2015
Thu Nov 01, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: Is it more advantageous to live in HCOL or LCOL area in terms of financial independence?
Replies: 180
Views: 10986

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

Live in a HCOL area and have a HCOL job, but live a LCOL lifestyle. What I did. It was hell, not because I lived a LCOL lifestyle, but because I hated everything about the area. OTOH, it was quite lucrative with immense opportunities. Now that I've moved and am living in paradise, I see just how de...
by 2015
Thu Nov 01, 2018 12:05 am
Forum: Personal Finance (Not Investing)
Topic: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?
Replies: 96
Views: 8969

Re: Paying off the mortgage early - Isn't this the opposite of "putting more money into your house"?

I call these "cha-cha" threads, people doing the cha-cha on the head of a pin while arguing past each other. Reminds me of the old Janet Jackson song, "Who's right? Who's wrong?" The overconfident will always argue most veraciously amongst themselves, with little or no resolution. OP, remember the o...