Search found 559 matches

by randomizer
Sun Oct 22, 2017 11:48 am
Forum: Personal Consumer Issues
Topic: Expat mail forwarding mechanics
Replies: 3
Views: 383

Expat mail forwarding mechanics

I'm planning on moving permanently from the US to Europe. I want to set up mail forwarding because it will take me possibly 6-8 months after my move date to shut down all my accounts, transfer my assets, file my last tax return etc and I'd hate to lose any important mail during that time (even thoug...
by randomizer
Sat Oct 21, 2017 5:20 pm
Forum: Investing - Theory, News & General
Topic: Just starting checking out Bonds. Head hurts a bit.
Replies: 12
Views: 1299

Re: Just starting checking out Bonds. Head hurts a bit.

Swedroe has an amazing book on bonds. You should check it out once you've done some initial reading on the wiki.
by randomizer
Sun Oct 15, 2017 7:00 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 160
Views: 13845

Re: What's your asset allocation and why?

55% domestic stock, 35% international stock, 10% domestic bonds Since I posted this about 15 months ago, I've glided from that 90:10 AA to: 45% domestic stock, 30% international stock, 25% domestic bonds. This was prompted by my invested assets going from mid-6-figures towards high-6-figures, makin...
by randomizer
Thu Oct 12, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing - Personal Philosophies
Replies: 43
Views: 3617

Re: Rebalancing - Personal Philosophies

Until recently, I rebalanced with new money. When I got close to FIRE, I started selling to move to a more conservative allocation. I sold a big chunk during the dip in 2016 and again this summer to get to 60/40. My new rule is to rebalance when I hit 6% bands. You locked in a loss during the dip? ...
by randomizer
Tue Oct 10, 2017 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: admiral shares or investor shares?
Replies: 24
Views: 2947

Re: admiral shares or investor shares?

In addition, even if you could...would you want to? Apart from the reduced expenses (not a huge deal), you can tax-loss harvest the individual holdings (probably also not a huge deal). But Boglehead investing is boring ("don't just do something, stand there!") so I personally appreciate that manual...
by randomizer
Tue Oct 10, 2017 12:48 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 95
Views: 8722

Re: VG wants everyone to transfer to a brokerage account?

Doc wrote:
Sun Oct 08, 2017 2:57 pm
mouses wrote:
Sun Oct 08, 2017 2:34 pm
How do I know if it's a brokerage account or not?
randomizer wrote:
Sun Oct 08, 2017 2:38 pm
I don't even know what kind of account I have.
See if you can buy a stock or EFT.
Turns out this is what I see when I log in:
Image
So I guess that answers that then.
by randomizer
Tue Oct 10, 2017 12:40 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing developed & emerging allocations
Replies: 2
Views: 506

Re: Rebalancing developed & emerging allocations

in_reality wrote:
Mon Oct 09, 2017 12:45 am
Either way is fine I think.
I suspect that's the case, too. I just wish I had a stronger basis for making the choice than copying what Vanguard does in their US-domiciled target date funds.
by randomizer
Tue Oct 10, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 13824

Re: [Boglehead vs Mr Money Mustache philosophies]

I think Bogleheads tend to be more conservative. An MMM-er may decide to pull the trigger and retire at 30 years old as soon as they hit 25x their annual expenses. On this forum you'll see people arguing for much more than that, even when retiring at a more "normal" age like 65. The MMM approach loo...
by randomizer
Tue Oct 10, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: 100% in bond to wait for market crash?
Replies: 122
Views: 11798

Re: 100% in bond to wait for market crash?

Since the stock market value most expensive except year 2000 ( p/e https://www.quandl.com/data/MULTPL/SHILLER_PE_RATIO_MONTH-Shiller-PE-Ratio-by-Month ). Also since the bond having roughly 2.3% return, please convince me not to collect 2.3% in bond and wait for stock correction. Read The Boglehead'...
by randomizer
Sun Oct 08, 2017 11:09 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing developed & emerging allocations
Replies: 2
Views: 506

Rebalancing developed & emerging allocations

I was looking at the Vanguard funds open to European investors in Spain and see that they don't have a "Total World" fund, but instead have separate funds for emerging and developed markets: "Emerging Markets Stock Index Fund" and "Global Stock Index Fund", so if you want to approximate a cap-weight...
by randomizer
Sun Oct 08, 2017 5:26 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing - Personal Philosophies
Replies: 43
Views: 3617

Re: Rebalancing - Personal Philosophies

Until recently, I rebalanced with new money. When I got close to FIRE, I started selling to move to a more conservative allocation. I sold a big chunk during the dip in 2016 and again this summer to get to 60/40. My new rule is to rebalance when I hit 6% bands. You locked in a loss during the dip?
by randomizer
Sun Oct 08, 2017 2:38 pm
Forum: Investing - Theory, News & General
Topic: VG wants everyone to transfer to a brokerage account?
Replies: 95
Views: 8722

Re: VG wants everyone to transfer to a brokerage account?

I don't even know what kind of account I have.
by randomizer
Sun Oct 08, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: How big a portfolio should I have before retiring?
Replies: 52
Views: 6849

Re: How big a portfolio should I have before retiring?

I had a simple goal. Accumulate enough so that using a Safe Withdrawal Rate (SWR) strategy, and adding my Social Security receipts, I could generate gross income that equals at least 80% of my pre-retirement annual income from work. You'll find various versions of this approach. The idea that you o...
by randomizer
Sat Oct 07, 2017 10:18 am
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10083

Re: Third time in my 32 year career I have been laid off

I feel like you're my future self writing to me back through time, except when I get laid off I won't we have as many assets as you. I think you're going to be all right!
by randomizer
Sat Oct 07, 2017 10:01 am
Forum: Investing - Theory, News & General
Topic: Has your "risk tolerance" been tested?
Replies: 105
Views: 6539

Re: Has your "risk tolerance" been tested?

Still a virgin, apart from the tiny blips in 2015 and start of 2016 (barely enough to learn the mechanics of TLH). But have done so much reading about history and crashes that I feel pretty ready to weather the inevitable storm. A large emergency fund helps one feel confident about that.
by randomizer
Sat Oct 07, 2017 1:53 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15570

Re: Bogle himself is saying we will expect like 3% for the next decades

Why do you think he’s right? He’s been saying that for years. He seems to have gotten more pessimistic. Has been saying 4% for a while now, and "for a decade" not "for decades". He may be right, but it won't change what I do either way. Even if I do earn only 3% for the rest of my investing life, I...
by randomizer
Sat Oct 07, 2017 1:50 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1554
Views: 274431

Re: What are you up YTD? [Year To Date]

At 14.7%, looks like I am underperforming. Better start reaching for some more yield before the market goes into free-fall. 😂
by randomizer
Thu Oct 05, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 3905

Re: How do you value your time?

FrugalProfessor wrote:
Thu Oct 05, 2017 10:25 am
My effective marginal tax rate is 45%. If I can spend $1 less, it's the equivalent of earning an extra $1.82 (=1/(1-.45)).

Don't forget taxes when valuing DIY activities (mowing lawn, paying for parking, making own meals, etc).
Great way of thinking about it.
by randomizer
Thu Oct 05, 2017 10:24 am
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4163

Re: How much worth house should one buy?

We chose a house that accounts for about a third of our net worth. Our payments run at about 20% of our take-home income. Didn't do any fancy maths to arrive at those figures. It just "felt right" after pondering it for a while.
by randomizer
Wed Oct 04, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3708

Re: Chickened out... Now unsure where to start.

From randomizer, who I think nicely summarized the majority of the comments: "I'd put everything in target date retirement funds, put my login credentials in an envelope with a wax seal inside a plastic bag inside a bowl of frozen water in the freezer, cancel my newspaper subscriptions, and find a ...
by randomizer
Tue Oct 03, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: Chickened out... Now unsure where to start.
Replies: 33
Views: 3708

Re: Chickened out... Now unsure where to start.

I'd put everything in target date retirement funds, put my login credentials in an envelope with a wax seal inside a plastic bag inside a bowl of frozen water in the freezer, cancel my newspaper subscriptions, and find a hobby that does not involve looking at what the market is doing.
by randomizer
Wed Sep 27, 2017 12:04 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11335

Re: The Rolex and The Boglehead

Don't even own a watch.
by randomizer
Tue Sep 26, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area Real Estate
Replies: 154
Views: 14392

Re: Bay Area Real Estate

Don't buy, run. I mean rent.
by randomizer
Sun Sep 24, 2017 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 25411

Re: Calling out the not so rich bogleheads

The vast majority of Americans do not LBYM and are not Bogleheads. Good thing, too, or corporate profits wouldn't be so high. I'm 25, never had a real job due to being in school, never made more than median American wage, and have a net worth in the 93-percentile (according to survey of consumer fi...
by randomizer
Sun Sep 24, 2017 12:36 am
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 142
Views: 11752

Re: Lifestyle Creep

I've mostly avoided it. Occasionally take a Lyft when I formerly would have taken public transit, but that's pretty rare for me.
by randomizer
Sun Sep 24, 2017 12:33 am
Forum: Investing - Theory, News & General
Topic: "Fidelity and Vanguard Online Fraud Policies"
Replies: 11
Views: 2177

Re: "Fidelity and Vanguard Online Fraud Policies"

I miss the days when "being able to sleep well at night" referred to your asset allocation. Now, it's about whether your identity is going to get stolen or your retirement savings drained to nothing. Ugh.
by randomizer
Sun Sep 24, 2017 12:29 am
Forum: Investing - Theory, News & General
Topic: "My Favorite Mutual Fund"
Replies: 14
Views: 1992

Re: "My Favorite Mutual Fund"

Seems a reasonable choice.
by randomizer
Sun Sep 24, 2017 12:28 am
Forum: Personal Consumer Issues
Topic: Do you subscribe to digital newspapers?
Replies: 68
Views: 3330

Re: Do you subscribe to digital newspapers?

Used to subscribe to NYT but then the content got too depressing so I cancelled. Now I stick to stuff that I can read freely.
by randomizer
Sat Sep 23, 2017 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: What am I thinking.. a new car finance thread.
Replies: 16
Views: 1646

Re: What am I thinking.. a new car finance thread.

I think if you are asking for permission you already know the answer. You want it, and you will have it. Seems it won't damage your prospects in a severe way.
by randomizer
Sat Sep 23, 2017 5:54 pm
Forum: Investing - Help with Personal Investments
Topic: Help?! My 70 year old father is 100% invested in equities
Replies: 79
Views: 7385

Re: Help?! My 70 year old father is 100% invested in equities

Dad seems to know what he is doing, and was comfortable with 100% equities in the last crash.
by randomizer
Sat Sep 23, 2017 5:41 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 157
Views: 11527

Re: Account security - Hackers gain access to mobile and then break havoc

For services that allow TOTP (Time-Based One-Time Passcode), ALWAYS choose that option instead of SMS or email. They will show you a QR code one time, you take a picture of it using an authenticator app on your phone--there are tons of these, from Google, MS, etc--and from then forward your phone g...
by randomizer
Sat Sep 23, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Please help physician newbie to investing with intention
Replies: 10
Views: 1262

Re: Please help physician newbie to investing with intention

In one way your question is easy to answer: can I retire in 10 years? Total assets now: 17k + 12k + 89k + 3k + 42k + 22k - 12k (debt) = 173k. You're adding 18k + (.05*155,000) + 30k = $55,750 per year. =FV(.03, 10, -55750, - 173000) = $870,000. I like to use 3% real portfolio growth, that may be co...
by randomizer
Fri Sep 22, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: $3.6 million at age 25 - need investment advice
Replies: 44
Views: 5418

Re: $3.6 million at age 25 - need investment advice

Two words: Three Fund Portfolio.

Ok, three words.

In your situation, the AA doesn't even matter but 75:25 has a nice ring to it.
by randomizer
Fri Sep 22, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Age you retired
Replies: 112
Views: 8303

Re: Age you retired

43: full-time to part-time, and will likely work in one form another until I'm dead.
by randomizer
Thu Sep 21, 2017 11:53 pm
Forum: Personal Finance (Not Investing)
Topic: The Magic of Savings Rate
Replies: 97
Views: 10922

Re: The Magic of Savings Rate

The MMM people are far too optimistic (recklessly so) IMO. In their 20s and 30s, planning to begin a 60-year retirement the day they hit 25x annual expenses, with not enough thought given to sequence of returns risk (the answer is that you do "side gigs"; never mind how hard they are to get during a...
by randomizer
Thu Sep 21, 2017 2:05 pm
Forum: Investing - Theory, News & General
Topic: When Genius Failed by Roger Lowenstein
Replies: 31
Views: 6465

Re: When Genius Failed by Roger Lowenstein

Would some folks who've read them, like to share some lessons of dos and don't (for an individual) that you gleaned from these books? Beware leverage. Don't try to be too clever. In times of crisis, correlations will all trend towards 1, and even the most well-conceived hedging strategies can fall ...
by randomizer
Thu Sep 21, 2017 10:26 am
Forum: Investing - Theory, News & General
Topic: What inflation rate do you use for your planning?
Replies: 105
Views: 8796

Re: What inflation rate do you use for your planning?

I use 2% expected inflation, 4% expected nominal return (2% real) after expenses, but not taxes. 2% real return over the long term? That strikes me as very pessimistic for a balanced portfolio that contains equities. I'm not sure how many here could ever save enough to retire using that projection,...
by randomizer
Thu Sep 21, 2017 1:23 am
Forum: Investing - Theory, News & General
Topic: When Genius Failed by Roger Lowenstein
Replies: 31
Views: 6465

Re: When Genius Failed by Roger Lowenstein

Lowenstein, while not necessarily describing the math involved, does tell the story quite well. I always preferred "Inventing Money" by Nicholas Dunbar - better math. On the basis of this thread I grabbed a copy of the Dunbar book and am reading that. Too early to form an opinion on it though. So I...
by randomizer
Sat Sep 16, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: Distressing news -> Flight to Safety ?
Replies: 75
Views: 7012

Re: Distressing news -> Flight to Safety ?

The notion of the "flight to safety" scares the hell out of me. I've done a bunch of reading about market history and there are so many examples of people attempting to predict the market and failing miserably: so often, they're wrong about when something will happen, the extent of the change, or ev...
by randomizer
Tue Sep 12, 2017 5:20 pm
Forum: Investing - Theory, News & General
Topic: Question on bubbles, stocks, etc.
Replies: 21
Views: 2139

Re: Question on bubbles, stocks, etc.

Bitcoin. Not that long ago you could get it for a buck or two.
by randomizer
Tue Sep 12, 2017 5:16 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 313
Views: 18402

Re: Is it really Worth it to brown bag your lunch at work?

Sounds like a great idea, beaten only by a company that gives you free lunch at the company cafeteria (but that, you're paying for indirectly anyway, so the brown bag may still win out).
by randomizer
Tue Sep 12, 2017 5:09 pm
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 333
Views: 20278

Re: Iphone X is $1000

Nope. Nope. Nope.

IPhone SE is good enough for me.
by randomizer
Tue Sep 12, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Defensive Mutual Fund Recommendations
Replies: 3
Views: 514

Re: Defensive Mutual Fund Recommendations

Diversification is the only free lunch, and you can't get more diverse than Total Stock Market.
by randomizer
Tue Sep 12, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 275
Views: 24280

Re: Name something you had to have and now you regret purchasing it?

About half of the things I bought from age 0 to age 35.

I wasn't very discriminating.
by randomizer
Tue Sep 12, 2017 10:48 am
Forum: Investing - Theory, News & General
Topic: What If U.S. Stocks Stay Expensive For Years?
Replies: 50
Views: 7467

Re: What If U.S. Stocks Stay Expensive For Years?

Not worried. Total World Stock Index for life. That too is running at high multiples. I can't think of an asset class that is not near its high intrinsic valuation. So save more or chase risky yield. Saving more sounds better. :sharebeer When you say "save more", where do you place your savings the...
by randomizer
Tue Sep 12, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Using investment funds for Home purchase
Replies: 13
Views: 1242

Re: Using investment funds for Home purchase

If you can pull it off, don't touch the retirement funds. You had those earmarked for retirement, after all. Being able to tap your taxable investments is potentially a dangerous trap that will lead you to buy a more expensive house than you really need, leading you to be "house poor". I don't think...
by randomizer
Tue Sep 12, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?
Replies: 31
Views: 3732

Re: Equifax fiasco - how can we protect ourselves from potential fraudulent tax returns filed on our behalf?

I will owe taxes, I expect, so not too worried. What a silver lining. Owing taxes will not protect you. Fraudulent tax filers simply use your personal information (name and SSN is really all they need) to file a dummy tax return. They make up W2 figures and plug them in so that it looks like you ar...