Search found 1853 matches
- Sat Nov 06, 2021 3:09 pm
- Forum: Personal Investments
- Topic: Help me understand SWR rate
- Replies: 162
- Views: 11994
Re: Help me understand SWR rate
Great topic. Making my own sticky.
- Fri Sep 03, 2021 12:13 pm
- Forum: Personal Consumer Issues
- Topic: Windows Defender
- Replies: 20
- Views: 2984
Windows Defender
Is Windows Defender enough for AV or do I need something like Norton or McAfee?
- Sat Aug 14, 2021 3:23 pm
- Forum: Personal Finance (Not Investing)
- Topic: Self-Insuring for Long Term Care
- Replies: 189
- Views: 16512
Re: Self-Insuring for Long Term Care
TomatoTomahto wrote: ↑Thu Aug 05, 2021 3:41 pm If you’re self insuring you need sufficient funds in safe assets. We do a quasi-Liability Matching Portfolio, but that’s only one way to approach this.
[/quote
TT,what's a quasi-LMP?
- Tue Jun 08, 2021 3:06 pm
- Forum: Personal Investments
- Topic: Does a research department at an education institution qualify for QCD treatment
- Replies: 6
- Views: 604
Does a research department at an education institution qualify for QCD treatment
I'm trying to determine if a research department at a medical school qualifies for QCD status.
- Mon Jun 07, 2021 11:22 am
- Forum: Investing - Theory, News & General
- Topic: My favorite authors are turning their backs on Bonds
- Replies: 167
- Views: 22313
Re: My favorite authors are turning their backs on Bonds
MPT isn't a bunch of vague bromides. People knew about diversification thousands of years ago. MPT is a mathematical optimization technique that requires asset correlation matrices, expected future variance estimates, and expected future returns estimates. The fact that people "knew about diversification" long before 1952 has no bearing on seismic shift that resulted from the insight that Markowitz published. Before Markowitz there was no coherent formal theory which guided portfolio construction. Portfolio construction was essentially just a matter of doing security analysis to identify assets with high expected returns and then putting them together. The concept of diversification certainly existed, but only in a vague way. The...
- Mon Jun 07, 2021 8:42 am
- Forum: Investing - Theory, News & General
- Topic: My favorite authors are turning their backs on Bonds
- Replies: 167
- Views: 22313
Re: My favorite authors are turning their backs on Bonds
Isn't one of the concepts of MPT that you should look at portfolio return in total and not at the individual components of the portfolio.
Is this right?
Is this right?
- Mon May 31, 2021 6:31 pm
- Forum: Personal Investments
- Topic: Is the three fund approach still recommended here??
- Replies: 66
- Views: 7080
Re: Is the three fund approach still recommended here??
What is the opposite of "fearmongering?"
- Mon May 31, 2021 11:46 am
- Forum: Personal Investments
- Topic: Is the three fund approach still recommended here??
- Replies: 66
- Views: 7080
Re: Is the three fund approach still recommended here??
I thought the three fund approach was still appropriate. My issue is with the VBTLX fund. Having 55k just sitting in that fund not making money is gut wrenching. I have trouble understanding how someone having 5% of their money in bonds finds the underperformance of bonds "gut wrenching". Is that just hyperbole, or do you actually feel anguish every time you think about your bond allocation? And if the slight underperformance of your portfolio in good times due to your bonds is gut wrenching, how will you stand the loss of 30-50% of your stock value in a serious downturn? +1 how will you react if we have a major downturn and your portfolio drops from $1,000,000 to $500,000. If you find the actions of 5% of your portfolio "gu...
- Sun May 30, 2021 10:52 am
- Forum: Personal Investments
- Topic: Is the three fund approach still recommended here??
- Replies: 66
- Views: 7080
Re: Is the three fund approach still recommended here??
We value simplicity, therefore we are exclusively using the three fund portfolio (other than bank accounts).
If I predecease my wife, simplicity will become even more important.
The plan then is to exchange the three fund portfolio into a Lifestrategy fund.
If I predecease my wife, simplicity will become even more important.
The plan then is to exchange the three fund portfolio into a Lifestrategy fund.
- Sun May 30, 2021 10:07 am
- Forum: Investing - Theory, News & General
- Topic: What percentage of your portfolio is active?
- Replies: 138
- Views: 11722
Re: What percentage of your portfolio is active?
Other than checking and savings, 0% Active.
65%/35% using the 3 fund portfolio.
65%/35% using the 3 fund portfolio.
- Sat May 29, 2021 12:56 pm
- Forum: Personal Finance (Not Investing)
- Topic: Don’t need a PUP? [personal umbrella policy]
- Replies: 145
- Views: 24987
Re: Don’t need a PUP? [personal umbrella policy]
I am a personal injury lawyer. Here is my perspective. First the size of the claim doesn’t care what your net worth is. If your net worth is five million and that’s what you insure for, fine - unless you paralyze a few people due to your negligence and the fair amount of their claim is 50 million. So getting an umbrella to match your net worth doesn’t make sense as far as it doesn’t limit the size of the claim. But here is where the 5 million umbrella helps you. In order for a plaintiff to get more than that, they will have to turn it down in settlement, get a verdict of more than that, and institute what is essentially a second suit to try and collect the amount over 5 million. That switches the risk to the plaintiff. Most of the time I’m...
- Fri May 28, 2021 3:46 pm
- Forum: Personal Investments
- Topic: Newly Written Trust and pass IRA to wife after death
- Replies: 6
- Views: 1215
Re: Newly Written Trust and pass IRA to wife after death
Thank you Alan S for your thorough explanation.
- Fri May 28, 2021 10:06 am
- Forum: Personal Finance (Not Investing)
- Topic: Don’t need a PUP? [personal umbrella policy]
- Replies: 145
- Views: 24987
Re: Don’t need a PUP? [personal umbrella policy]
A couple of years ago, Kiplinger's Personal Finance magazine had an article on how big an Umbrella liability policy one needs. They had a worksheet that said essentially: 1. Your Net Worth: Your starting point is your assets minus your debt. 2. Minus your "Homestead Exemption": This is the amount of equity you currently have in your home,up to your state's exemption limit. 3. Minus the value of your retirement accounts: check your state's limits. 4. Minus the limits of your liability coverage: This is your auto liability coverage for injury to one person, or your homeowners liability coverage which ever is less. 5.Equals Your Coverage amount: Round to the next million. This is your target coverage for an Umbrella. Hope this helps...
- Thu May 27, 2021 4:53 pm
- Forum: Personal Consumer Issues
- Topic: HVAC in Texas: how long to use band-aids?
- Replies: 69
- Views: 7585
Re: HVAC in Texas: how long to use band-aids?
I had a similar-age unit smaller 2t unit and am very glad I replaced it before it failed. I got 6 quotes and they varied by 2x, which was similar to my experience in my other residence (3t, again varied by 2x for similar-rated equipment.) And my experience has been that replacement, even in the off-season, takes several weeks from start (getting quotes) to finish. But like with so many things on Bogleheads, you will find equally valid experiences that range all over the place. You can't assume anyone else's experiences will apply to you, no matter how insistent someone is that they should. Tibbitts, I assume you did this pre-emptively. Did you get much hassle in trying to get a quote. Once you received the quotes were you hounded by them t...
- Thu May 27, 2021 10:24 am
- Forum: Personal Finance (Not Investing)
- Topic: Utility of additional nest egg after hitting your number?
- Replies: 105
- Views: 13804
Re: Utility of additional nest egg after hitting your number?
In our case (retired for 20 yrs), an additional $1,000,000 would probably go mostly to increasing our "reserve".
As far as additional spending, it might nudge us into perks such as flying first class, gifting to kids, etc.
Don't discount the comfort level that having a substantial reserve provides. It greatly reduces the fear of running out of money. If we happen to leave a larger estate than initially envisioned, so be it! Lucky kids and charities.
As far as additional spending, it might nudge us into perks such as flying first class, gifting to kids, etc.
Don't discount the comfort level that having a substantial reserve provides. It greatly reduces the fear of running out of money. If we happen to leave a larger estate than initially envisioned, so be it! Lucky kids and charities.
- Mon May 24, 2021 10:03 am
- Forum: Personal Finance (Not Investing)
- Topic: Don’t need a PUP? [personal umbrella policy]
- Replies: 145
- Views: 24987
Re: Don’t need a PUP? [personal umbrella policy]
A couple of years ago, Kiplinger's Personal Finance magazine had an article on how big an Umbrella liability policy one needs. They had a worksheet that said essentially: 1. Your Net Worth: Your starting point is your assets minus your debt. 2. Minus your "Homestead Exemption": This is the amount of equity you currently have in your home,up to your state's exemption limit. 3. Minus the value of your retirement accounts: check your state's limits. 4. Minus the limits of your liability coverage: This is your auto liability coverage for injury to one person, or your homeowners liability coverage which ever is less. 5.Equals Your Coverage amount: Round to the next million. This is your target coverage for an Umbrella. Hope this helps ...
- Sun May 23, 2021 7:06 pm
- Forum: Personal Investments
- Topic: Any free Vanguard basic advisory services available anymore?
- Replies: 12
- Views: 2626
Re: Any free Vanguard basic advisory services available anymore?
Thanks for the links, especially the Nerdwallet one.patrick013 wrote: ↑Sun May 23, 2021 6:33 pmVanguard Digital Advisor | Vanguardinvestor_1 wrote: ↑Sat May 01, 2021 6:14 pm The only thing I can find is their Personal Advisor Service which is a fee-based service.
You could try this while not being free the ER for everything is capped at .20%
Basic use of VG funds and rebalance which you could easily do with a two-fund
portfolio yourself.
Vanguard Digital Advisor Review 2021: Pros, Cons
- Sun May 23, 2021 5:04 pm
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard Tertiary Beneficary?
- Replies: 14
- Views: 1686
Re: Vanguard Tertiary Beneficary?
we have our trust (which then handles other individuals or donations) as contingent, but from a very early thread it was said that VG doesn't handle trusts as beneficiaries very well (that was a Very old thread... perhaps it has improved in the intervening years)... we have "chuck" It's tricky to get a charitable deduction for IRA benefits going to charity through a trust. Why not simply provide for charity on the IRA beneficiary designation (or rider)? Bruce, I was under the impression that if you had a charity and a "regular" person as beneficiaries on the same IRA that the distribution of the IRA would have to be done on an accelerated schedule since the charity has a zero life expectancy. I suppose that with the eli...
- Sat May 22, 2021 9:58 pm
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard Tertiary Beneficary?
- Replies: 14
- Views: 1686
Re: Vanguard Tertiary Beneficary?
Also, I tried to have Vanguard split the IRA into two separate ones and they said they were not allowed to. There are workarounds. For example, transfer half the IRA to Fidelity. Have one beneficiary at Fidelity, a different one at Vanguard. If you so wish you can later transfer the Fidelity IRA back to Vanguard into a different IRA name. Even if they won't split an existing IRA, Vanguard appears to allow transfers to go into a new IRA. Thank you. It's not an issue for me anymore. We decided to give the entire IRA to charity (charities) and our taxable assets to our kids. If the step up in basis (oops) is still in effect at the time of our passing, everything would pass income tax free. Mods, please don't lock this. If necessary, I'll edit...
- Sat May 22, 2021 6:57 pm
- Forum: Personal Finance (Not Investing)
- Topic: Vanguard Tertiary Beneficary?
- Replies: 14
- Views: 1686
Re: Vanguard Tertiary Beneficary?
we have our trust (which then handles other individuals or donations) as contingent, but from a very early thread it was said that VG doesn't handle trusts as beneficiaries very well (that was a Very old thread... perhaps it has improved in the intervening years)... we have "chuck" It's tricky to get a charitable deduction for IRA benefits going to charity through a trust. Why not simply provide for charity on the IRA beneficiary designation (or rider)? Bruce, I was under the impression that if you had a charity and a "regular" person as beneficiaries on the same IRA that the distribution of the IRA would have to be done on an accelerated schedule since the charity has a zero life expectancy. I suppose that with the eli...
- Wed May 19, 2021 6:32 pm
- Forum: Personal Finance (Not Investing)
- Topic: Clarification on 25x annual spending rule
- Replies: 67
- Views: 7074
Re: Clarification on 25x annual spending rule
Really? There is no comparison at all to a system that cannot fail and one that can. Strictly speaking (mathematically speaking), there are several methods that can't fail. While I'm not endorsing it, as just an example, the "constant percent" method cannot fail. If you only withdraw a percent of something indefinitely, it never hits zero. I would never use a system that had a failure rate. To each his/her own. There's a big difference between "constant-dollar" not failing (yet) vs "constant-percentage" not failing. The former always carries a non-zero risk of failure. Some SWR just hasn't experienced it yet, given our historical data. The latter mathematically never fails. Please define what you mean by succe...
- Wed May 19, 2021 10:55 am
- Forum: Non-US Investing
- Topic: [Australia] Should I manage my mother's financial affairs and sack her financial advisor
- Replies: 21
- Views: 4434
Re: Should I manage my mother's financial affairs and sack her financial advisor
I believe "if you don't ask, you don't get". No guarantees however.tibbitts wrote: ↑Wed May 19, 2021 10:36 amA 1% AUM is extraordinarily low for the balance in this example. I don't think hourly would be lower cost, and certainly the vast majority of advisers working for the usual investment companies wouldn't have the option of changing the fee structure.1210sda wrote: ↑Wed May 19, 2021 10:08 am If you decide to keep the advisor, can you negotiate a lower fee? Or, ask if she could pay based on an hourly rate.
Someone mentioned earlier about POA's. Be sure to have these in order. Things move fast in your late seventies and after. Better to be prepared even if you're a little early rather than be a little late.
Agree on having the estate plan in place, though.
- Wed May 19, 2021 10:08 am
- Forum: Non-US Investing
- Topic: [Australia] Should I manage my mother's financial affairs and sack her financial advisor
- Replies: 21
- Views: 4434
Re: Should I manage my mother's financial affairs and sack her financial advisor
If you decide to keep the advisor, can you negotiate a lower fee? Or, ask if she could pay based on an hourly rate.
Someone mentioned earlier about POA's. Be sure to have these in order. Things move fast in your late seventies and after. Better to be prepared even if you're a little early rather than be a little late.
Someone mentioned earlier about POA's. Be sure to have these in order. Things move fast in your late seventies and after. Better to be prepared even if you're a little early rather than be a little late.
- Tue May 18, 2021 5:45 pm
- Forum: Investing - Theory, News & General
- Topic: Vanguard to Open New Office in Dallas
- Replies: 23
- Views: 3822
Re: Vanguard to Open New Office in Dallas
Has this info shown up on the Vanguard website?
- Tue May 18, 2021 9:53 am
- Forum: Personal Finance (Not Investing)
- Topic: Schwab survey: Net worth of $624k is all that's needed to be “financially comfortable”
- Replies: 152
- Views: 21121
Re: Schwab survey: Net worth of $624k is all that's needed to be “financially comfortable”
This is a wonderful forum. However, it does provide a skewed view of financial reality as compared to many non-Bogleheads.
Also, as was mentioned earlier "where you live" has a huge impact on how much you'll need to be "comfortable".
Your financial obligations (mortgage, college expenses for kids, supporting elderly parents, etc.) also are a major consideration.
Based on this, $624k might be a lot, just right or not enough.
Also, as was mentioned earlier "where you live" has a huge impact on how much you'll need to be "comfortable".
Your financial obligations (mortgage, college expenses for kids, supporting elderly parents, etc.) also are a major consideration.
Based on this, $624k might be a lot, just right or not enough.
- Sun May 16, 2021 6:16 pm
- Forum: Personal Investments
- Topic: 18 to 100 percent annual return fund
- Replies: 223
- Views: 41720
Re: 18 to 100 percent annual return fund
OP,
1. This sounds like major FOMO.
2. In the website, they claim to "believe" in the Efficient Market Theory (Hypothesis?). EMH doesn't believe in Alpha, so just how much risk are they expecting (or trying to rationalize their way through?)
3. Diamond levels, Platinum levels?? Your friend is now into recruiting new investors? Smells like MLM!
4. From your posts you appear to be an intelligent person. Why did it take you so long to recognize the scam?
- Sun May 16, 2021 11:43 am
- Forum: Personal Investments
- Topic: Percent Asset Allocation, or Dollar Asset Allocation??
- Replies: 12
- Views: 1356
Re: Percent Asset Allocation, or Dollar Asset Allocation??
My view is that the higher percent AA is not too high for a 70 year old given the comfortable amount in Bonds and Cash.
(I realize that "comfortable" has a variety of interpretations.....)
Thanks to everyone for their responses!!
- Sat May 15, 2021 5:29 pm
- Forum: Personal Investments
- Topic: Percent Asset Allocation, or Dollar Asset Allocation??
- Replies: 12
- Views: 1356
Re: Percent Asset Allocation, or Dollar Asset Allocation??
So, are you saying that the additional lower risk due to the 2.7% provides even more support for the riskier portfolio?
- Sat May 15, 2021 4:59 pm
- Forum: Personal Investments
- Topic: Percent Asset Allocation, or Dollar Asset Allocation??
- Replies: 12
- Views: 1356
Percent Asset Allocation, or Dollar Asset Allocation??
1. Retiree is 70 years old. He has an investment portfolio of $2,000,000. $1,000,000 is in bonds and cash, and $1,000,000 is in stocks for a 50%/50% percent AA. He plans to withdraw 4% swr from his portfolio ($80,000) which together with $40,000 in Soc Sec will provide them with $120,000 to spend. He is satisfied that this will provide a very satisfactory lifestyle. 2. Shortly after he retires, he finds out that a distant, wealthy relative has left him an inheritance of $1,000,000. He is now wondering if he should continue with his 50/50 AA or not. He reasons that if $1,000,000 in bonds and cash was completely satisfactory before the new money, why would it not be adequate now? If he were to put the new $1,000,000 all into stocks, he would ...
- Thu May 13, 2021 7:46 pm
- Forum: Personal Consumer Issues
- Topic: how much is integrity worth?
- Replies: 25
- Views: 3051
- Fri May 07, 2021 10:33 am
- Forum: Personal Finance (Not Investing)
- Topic: end-of-life values statement
- Replies: 45
- Views: 7045
Re: end-of-life values statement
OP, well done!!
I will use this thread as motivation to get started on my own statement.
Granted that these statements are personal, as such I will adapt to my needs using yours as my "format".
Thanks again for being the catalyst!!
I will use this thread as motivation to get started on my own statement.
Granted that these statements are personal, as such I will adapt to my needs using yours as my "format".
Thanks again for being the catalyst!!
- Thu Apr 29, 2021 6:57 am
- Forum: Investing - Theory, News & General
- Topic: "Bogleheads on Investing" podcast transcripts are becoming available
- Replies: 65
- Views: 13199
- Sun Apr 25, 2021 5:11 pm
- Forum: Personal Consumer Issues
- Topic: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?
- Replies: 97
- Views: 18630
Re: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?
Does anyone use conventional oil??
- Sat Apr 24, 2021 2:28 pm
- Forum: Personal Finance (Not Investing)
- Topic: Discuss Net Worth with Adult Children
- Replies: 176
- Views: 21442
Re: Discuss Net Worth with Adult Children
In a relative's case, their only child married a woman from a different culture, promptly converted to wife's religion, moved her parents in, and had very little contact with his own parents. When the kids were born, they were given names from the wife's culture, raised in the wife's religion, spoke their mother's language, and only visited the paternal grandparents once every 3/4 years (whilst living full time with the maternal grandparents). Relative was HNW and after years of trying to build a relationship with the DIL & grandkids, gave up. He left 80% of his wealth to various charities and the rest 20% to a niece who moved in and took care of his wife and him in their old age. You should have seen the son's face when the will was r...
- Thu Apr 22, 2021 10:25 am
- Forum: Personal Finance (Not Investing)
- Topic: No wife 401k to build cash for early retirement?
- Replies: 6
- Views: 1063
Re: No wife 401k to build cash for early retirement?
What about your 3 teenagers? Are you planning on paying, fully or partially, for their college?
- Tue Apr 20, 2021 4:40 pm
- Forum: Personal Investments
- Topic: What does "won the game stop playing" mean in practice?
- Replies: 250
- Views: 38839
Re: What does "won the game stop playing" mean in practice?
Well said.watchnerd wrote: ↑Tue Apr 20, 2021 2:49 pmIt's not a fact, it's a hypothetical without empirical applicability.
For practical purposes, it's impossible to get the consumption / savings balance exactly right.
The real-world choice is between undersaving, then going broke in retirement.
Or oversaving, and not going broke.
I guess in a perfect world one could get the balance exactly right. I don't live there.
- Tue Apr 20, 2021 1:05 pm
- Forum: Personal Investments
- Topic: What does "won the game stop playing" mean in practice?
- Replies: 250
- Views: 38839
Re: What does "won the game stop playing" mean in practice?
If someone has both a liability matching portfolio and a risk portfolio. And If the LMP is enough to cover their expenses so that they don't need to touch the RP, does the RP then avoid sequence of return risk?
- Mon Apr 19, 2021 10:28 am
- Forum: Personal Investments
- Topic: What does "won the game stop playing" mean in practice?
- Replies: 250
- Views: 38839
Re: What does "won the game stop playing" mean in practice?
Klang, thank you for the response.
As I said, not everyone will be able to fully fund their expenses with just the fixed income portion of their portfolio.
You are fortunate that your Residual Living Expenses are quite low at $15,000. Others may not be as fortunate.
Do you consider your portfolio to be a Liability Matching Portfolio?
What does your Fixed Income portfolio consist of?
As I said, not everyone will be able to fully fund their expenses with just the fixed income portion of their portfolio.
You are fortunate that your Residual Living Expenses are quite low at $15,000. Others may not be as fortunate.
Do you consider your portfolio to be a Liability Matching Portfolio?
What does your Fixed Income portfolio consist of?
- Sun Apr 18, 2021 10:00 pm
- Forum: Personal Investments
- Topic: What does "won the game stop playing" mean in practice?
- Replies: 250
- Views: 38839
Re: What does "won the game stop playing" mean in practice?
I also agree that "stop playing" means reducing your risk.
My question is how much can you reduce your risk and still be able to fund 30 years of retirement? (hypothetical, I'm way too old for a 30 year retirement).
How does one determine if 50/50 is adequate, or maybe as low as 20/80? How much risk reducing can you afford?
For those with a large amount of assets (Tomato, etc.) a liability matching approach seems like a worthy consideration.
Unfortunately, not everyone will be able to fully fund their expenses with just the fixed income portion of their portfolio.
My question is how much can you reduce your risk and still be able to fund 30 years of retirement? (hypothetical, I'm way too old for a 30 year retirement).
How does one determine if 50/50 is adequate, or maybe as low as 20/80? How much risk reducing can you afford?
For those with a large amount of assets (Tomato, etc.) a liability matching approach seems like a worthy consideration.
Unfortunately, not everyone will be able to fully fund their expenses with just the fixed income portion of their portfolio.
- Sat Apr 17, 2021 1:56 pm
- Forum: Personal Investments
- Topic: withdrawal strategy after market decline
- Replies: 44
- Views: 4192
Re: withdrawal strategy after market decline
Thanks Ben. Can always count on you.Ben Mathew wrote: ↑Sat Apr 17, 2021 12:10 pm Amortization based withdrawal (ABW) would respond to a decline in portfolio with the same percentage decline in withdrawals if expected returns stay the same and the portfolio is being fully depleted (i.e. no terminal value). A 50% decline in stocks for a 60/40 portfolio is a 30% decline of the portfolio. So withdrawals will reduce by 30%. Rebalance back to 60/40.
So, if the OP's expenses are 50% discretionary (i.e. 50% non discretionary), then he should be able to fully cover his non discretionary and still have 20% to use as discretionary. Right?
- Thu Apr 15, 2021 6:36 pm
- Forum: Investing - Theory, News & General
- Topic: Sequence of Returns Risk Scenario
- Replies: 198
- Views: 12643
Re: Sequence of Returns Risk Scenario
Dogagility, thanks for the link to Estrada's article.dogagility wrote: ↑Thu Apr 15, 2021 4:16 pm I was planning to do something to mitigate SORR. After reading Estrada's article, I decided the cost of insuring against SORR (by reducing equity exposure) wasn't worth it. Two reasons for this decision: being affected by SORR is unlikely and the cost to my portfolio if SORR didn't show up was significant (~15% of portfolio according to my plan).
https://papers.ssrn.com/sol3/papers.cfm ... id=3685653
If the cost of SORR to the portfolio does turn out to be 15%, does that mean you could reduce your SWR from 4% to 3.4% (4% times 85%) and be ok?
- Mon Apr 12, 2021 6:25 pm
- Forum: Investing - Theory, News & General
- Topic: Is this the single worst time to be a passive investor
- Replies: 73
- Views: 11091
Re: Is this the single worst time to be a passive investor
I always thought that was Chico Escuela (Garrett Morris)!aristotelian wrote: ↑Mon Apr 12, 2021 9:04 am To paraphrase Sammy Sosa, passive investing has been very, very good to me.
- Sun Apr 11, 2021 10:13 pm
- Forum: Investing - Theory, News & General
- Topic: “Buy and Hold No More” says A16Z
- Replies: 90
- Views: 11036
Re: “Buy and Hold No More” says A16Z
I read all 59 posts. I am now convinced that this time it's different!!
- Wed Mar 31, 2021 8:58 am
- Forum: Personal Finance (Not Investing)
- Topic: Spending money and living now VS saving and living better later?
- Replies: 103
- Views: 24582
Re: Spending money and living now VS saving and living better later?
The goal should be to achieve an overall average standard of living over one's life. In other words, one should not live a life of deprivation most of one's life so one can live like a rock start in the last 3 years of one's life. Conversely, one should not live like such a rock star early in life such that one is destitute later in life and has to eat cat food in old age. Stated yet another way, one's present self should only "steal" enough from one's future self so that one's present self enjoys a standard of living somewhere in the ball park of one's future self. How to achieve this however is another question. This type of balance is what we wanted to achieve. Unfortunately, we are dealing with an unknowable future. As it tur...
- Fri Mar 26, 2021 2:30 pm
- Forum: Investing - Theory, News & General
- Topic: "--Jack Bogle chose to make others richer"
- Replies: 25
- Views: 3625
- Thu Mar 18, 2021 11:33 am
- Forum: Investing - Theory, News & General
- Topic: cFIREsim has been revised and is super easy to use.
- Replies: 257
- Views: 35486
Re: Cfiresim has been revised and is super easy to use. (It's based on Firecalc)
Lauren, For a given portfolio level and desired success percent, is there a way to determine the maximum annual withdrawal ? Yup. Set up your portfolio, and then click the "Open Investigation Panel" button at the top right of the Basics section. It will pop open a new section, where you can toggle an investigation of Maximum Spending, given a success threshold. It shows the result on the Output page under the graph. -Lauren Thank you. At first I didn't notice the switch that I had to turn on. Is there a way to print and/or save this? P.S. Sorry to come off as such a dummy, but the first time I tried to click on the "Open Investigations Panel", I double clicked and it opened and then closed the panel. Just FYI
- Thu Mar 18, 2021 11:17 am
- Forum: Investing - Theory, News & General
- Topic: cFIREsim has been revised and is super easy to use.
- Replies: 257
- Views: 35486
Re: Cfiresim has been revised and is super easy to use. (It's based on Firecalc)
Lauren,
For a given portfolio level and desired success percent, is there a way to determine the maximum annual withdrawal ?
For a given portfolio level and desired success percent, is there a way to determine the maximum annual withdrawal ?
- Mon Mar 08, 2021 6:41 pm
- Forum: Investing - Theory, News & General
- Topic: Proper Asset Allocation for High Net Worth
- Replies: 75
- Views: 10966
Re: Proper Asset Allocation for High Net Worth
Once the proper allocation for this high net worth individual has been set, is there a need for rebalancing?
I suppose if the dollar amount of fixed income is enough to cover expenses (along with other sources of income) then you could let the equity side grow (hopefully) rather than rebalancing.
- Mon Mar 08, 2021 12:18 pm
- Forum: Personal Consumer Issues
- Topic: Estate (Home) clean-out after my parents passing - tips and best practices?
- Replies: 56
- Views: 10415
- Sun Mar 07, 2021 7:01 pm
- Forum: Personal Consumer Issues
- Topic: Estate (Home) clean-out after my parents passing - tips and best practices?
- Replies: 56
- Views: 10415
Re: Estate (Home) clean-out after my parents passing - tips and best practices?
what an incredible thread! Thank you for starting it.
It's already has us thinking about how we can begin to downsize so that our kid's won't have such a hard time when our time comes.
It's already has us thinking about how we can begin to downsize so that our kid's won't have such a hard time when our time comes.