Search found 975 matches

by dayzero
Mon Jan 07, 2019 3:03 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7362

Re: Safe withdrawal rate at 38 years old

I’m looking at the possibility of selling my company for a large amount of money. My wife and I both own/operate it, so we would both be unemployed in this scenario. We would both find some other form of work, but likely at a much lower income level. For purposes of this question, I want to ignore ...
by dayzero
Tue Aug 14, 2018 10:25 am
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: 107920

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

Lots of risk in international - Brexit in March, potential Euro collapse, China finally going the way of the rest of the Asian economies... Luckily as an investor you are compensated for risk (usually). That's what makes it investing. :D I will say fundamentally I don't believe in most other countri...
by dayzero
Wed Aug 01, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 135
Views: 18980

Re: Net worth of $3.7M at age 47 - can we retire?

Are there any other, less conservative, investment forums you can recommend? I find myself feeling very financially conservative and would love to hear opinions of others that aren't but *know* the market pretty well... To me conservative financially means less likely to fail. Depends how you defin...
by dayzero
Wed Aug 01, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 135
Views: 18980

Re: Net worth of $3.7M at age 47 - can we retire?

This forum, in my opinion, is notoriously conservative. That’s neither good or bad, just a fact. Filter the responses accordingly Are there any other, less conservative, investment forums you can recommend? I find myself feeling very financially conservative and would love to hear opinions of other...
by dayzero
Wed Aug 01, 2018 10:48 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 135
Views: 18980

Re: Net worth of $3.7M at age 47 - can we retire?

This forum, in my opinion, is notoriously conservative. That’s neither good or bad, just a fact. Filter the responses accordingly Are there any other, less conservative, investment forums you can recommend? I find myself feeling very financially conservative and would love to hear opinions of other...
by dayzero
Wed Aug 01, 2018 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 135
Views: 18980

Re: Net worth of $3.7M at age 47 - can we retire?

This forum, in my opinion, is notoriously conservative. That’s neither good or bad, just a fact. Filter the responses accordingly Are there any other, less conservative, investment forums you can recommend? I find myself feeling very financially conservative and would love to hear opinions of other...
by dayzero
Wed Aug 01, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 135
Views: 18980

Re: Net worth of $3.7M at age 47 - can I retire?

What we don't know.....We don't know that the future will look like the past. We don't know what withdrawal rate has a reasonable chance of success when a portfolio is asked to last more than 30 years - the time frame for one of you could easily be 50 years. People guess the number is probably 2% t...
by dayzero
Fri Jul 06, 2018 1:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2019!
Replies: 160
Views: 20226

Re: Roll Call for the Retirement Class of 2019!

I'll hit my number in Aug 2019, but I might join the OMY club anyway, so... maybe? Is maybe enough to get me on the list? Depends on all the usual stuff - market conditions, working conditions, money on the table, general levels of bravery and cowardice, etc. I'll be 42.
by dayzero
Tue Jun 19, 2018 11:03 am
Forum: Investing - Help with Personal Investments
Topic: Shorting Amazon
Replies: 44
Views: 4873

Re: Shorting Amazon

I am getting the itch to short Amazon. I have been watching it for a while and now that it has crossed 1700, I don't really see much upside in that stock. Don't get me wrong - they have done well and are a highly inventive company. However, their valuation and future growth required to be anywhere ...
by dayzero
Fri May 18, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

Google told me the answer - no earned income required. I would just need to find an ACA plan that is HSA eligible.
by dayzero
Fri May 18, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

furwut wrote:
Fri May 18, 2018 5:37 pm
If it is appropriate for you, selecting an HSA elgible policy and making a HSA contribution modestly lowers your ACA MAGI.
Good idea. Do you happen to know if you need earned income to take the HSA deduction?
by dayzero
Fri May 18, 2018 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

A lot depends on portfolio size and amount of tax advantaged space too. An extreme example: If your tax advantaged space was big enough to hold your entire bond allocation and you held nothing but individual non-dividend paying stocks in taxable (so you could manage the CG) then you'd potentially h...
by dayzero
Fri May 18, 2018 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

To maximize your ACA subsidy, fill taxable space in order of increasing dividend/interest distributions by allocating in the following order until taxable space is full: First, maximize annual I-bond and EE bond purchases. Second would be tax-efficient US equity. You can reduce realized dividend in...
by dayzero
Fri May 18, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

Yes, the cliff is indeed a cliff - and there are two of them. You lose out if your income is too low or too high. The following is a link to an excellent article. It's three years old but you can adjust the numbers easily enough by looking up the latest federal poverty level (FPL). https://rootofgo...
by dayzero
Fri May 18, 2018 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

If you want to be able to control your ACA MAGI down to the dollar the method that I use is to (have my wife) earn a small amount of employment income and then use the traditional IRA deduction before April 15th of the next tax year. Can you explain this in more detail or point me to some online re...
by dayzero
Fri May 18, 2018 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

Ok thanks. I will check out the tax-managed funds. Am I understanding correctly that the 400% cliff is just that - a true cliff, if you're below you get a decent subsidy and if you're above you get $0? It's not a normal straight-line phase out like other credits? It seems like I should definitely st...
by dayzero
Fri May 18, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Re: Need Help: Early Retirement, ACA Subsidies, Asset Location

MP123 wrote:
Fri May 18, 2018 1:20 pm
Tax exempt muni income gets added back in to calculate MAGI for ACA purposes. Unfortunately.
Oh no. Well that is a huge bummer and definitely requires some re-organization. Thanks!
by dayzero
Fri May 18, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Need Help: Early Retirement, ACA Subsidies, Asset Location
Replies: 18
Views: 1154

Need Help: Early Retirement, ACA Subsidies, Asset Location

I am getting pretty close to early retiring and I'm thinking about what if any reorganization I need to do with my portfolio. For the last ten years I've followed the standard advice here on asset location - I hold TSM (VTI/VV) and TISM (VXUS/VEU) in taxable and SCV (VBR) in tax-advantaged. This adv...
by dayzero
Mon Oct 30, 2017 4:51 pm
Forum: Investing - Help with Personal Investments
Topic: What’s a safe formula for assets needed to retire?
Replies: 58
Views: 6047

Re: What’s a safe formula for assets needed to retire?

(85 - age) * annual expenses + one time expenses 40 year old with 200k college expenses and 100k annual expenses: (85 - 40) * 100k + 200k = 4.7M 60 year old with 50k annual expenses and no more one time expenses: (85 - 60) * 50k = 1.25M Obviously does not work the closer you are to 85, but a good ap...
by dayzero
Mon Sep 11, 2017 5:50 pm
Forum: Investing - Theory, News & General
Topic: China to ban petrol cars
Replies: 64
Views: 6203

Re: China to ban petrol cars

http://www.bbc.com/news/business-41218243 I can not believe it is happenning USA used to be the leader in these things but now look who is more bold. So you think the US should be the leader in banning petrol cars? of course electric cars are the future This may be true, however there are several p...
by dayzero
Fri Sep 08, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 4724

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

I've come across a large Real Estate Investment that will guarantee me a minimum of 7% for the next 10 years. Long Story Short we have 2, 10 year contracts in hand from Fortune 500 companies to rent a large facility on a large piece of land we have under contract in a major city, the facility is no...
by dayzero
Thu May 04, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 36749

Re: Where to Live on $60K or Less a Year?

St. George, UT ticks all your boxes.
by dayzero
Wed Apr 12, 2017 5:23 am
Forum: Investing - Theory, News & General
Topic: Rebalancing to control risk doesn't make sense to me
Replies: 175
Views: 14957

Re: Rebalancing to control risk doesn't make sense to me

Or, I guess it does, if we define risk as volatility. But why do we need to control volatility? What's wrong with that? Really, what we're afraid of is not having money when we need it, right? The real risk we want to avoid is running out of money. Have you lived through real volatility with real m...
by dayzero
Fri Mar 03, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Possibly Financially Independent and Feeling Miserable
Replies: 153
Views: 20711

Re: Possibly Financially Independent and Feeling Miserable

Your worries are irrational and destructive to your happiness. I would recommend doing a bit of reading on stoic philosophy and the art of negative visualization, it has helped me immensely with the same kind of problem.
by dayzero
Fri Feb 17, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Service problems in the news
Replies: 24
Views: 4164

Re: Vanguard Service problems in the news

Products - great. Service - god awful. I have wasted countless hours of my life trying to get the simplest things done with them. Takes 20 minutes usually to get to the right person on the phone, I'd say about 25% of the time I get disconnected, and when that happens whoever you were speaking with d...
by dayzero
Sat Feb 11, 2017 12:10 am
Forum: Investing - Help with Personal Investments
Topic: Wow, Vanguard Flagship service is bad. Really bad.
Replies: 170
Views: 33012

Re: Wow, Vanguard Flagship service is bad. Really bad.

I have never had a good service experience with Vanguard. I frankly wish they'd keep a few extra basis points and fix their customer service.
by dayzero
Tue Jan 10, 2017 9:39 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 23787

Re: How Bad was 2008, really?

There was serious talk that we were headed into another Great Depression. Please were very scared. I didn't have that much cash lying around at that time so I sold my car, an Audi A3, to buy stocks. Drove my camper van around instead. I could buy an R8 with that money now. :-)
by dayzero
Tue Oct 18, 2016 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Should I stop watching my investments? Negative ROI feels bad.
Replies: 48
Views: 4651

Re: Should I stop watching my investments? Negative ROI feels bad.

Consider this a really cheap lesson on your personal risk tolerance. If losing $17 feels bad, imagine how losing $1k, $10k, $100k might feel and choose your AA accordingly.
by dayzero
Sun Jul 31, 2016 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 202
Views: 20605

Re: Early retirees, how much did you leave on the table?

I'm curious TheTime Lord why do you ask? I left tons of money on the table by selling most of my company stake to my partners. I retired at 42 in upper middle class fashion while my partners are now in top 1/10th of 1%er territory. I left a lot on the table - 80 hour work weeks, stress, uncertainty...
by dayzero
Sun Jul 31, 2016 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Early retirees, how much did you leave on the table?
Replies: 202
Views: 20605

Re: Early retirees, how much did you leave on the table?

I'm curious TheTime Lord why do you ask? I left tons of money on the table by selling most of my company stake to my partners. I retired at 42 in upper middle class fashion while my partners are now in top 1/10th of 1%er territory. I left a lot on the table - 80 hour work weeks, stress, uncertainty...
by dayzero
Fri Jul 29, 2016 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Another can we retire...
Replies: 51
Views: 7602

Re: Another can we retire...

Can we retire? ... We use an Ameriprise FA, I'm not willing to change even though Boglehead's don't think its very efficient. I trust him and have no desire to handle it myself. Not just "not very efficient". Could be the difference between being able to retire or not based on the other circumstanc...
by dayzero
Thu Jun 16, 2016 3:54 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 264
Views: 54553

Re: What's the ideal safe retirement net worth target?

30 years: 2,130,334 40 years: 2,337,795 50+ years: 2,596,179 Assumptions: Maximum happiness achieved at $75k per year [1] in 2010, inflation adjusted to $80k in 2016 Investigate 100% success rate on Firecalc with $80k spending, 50/50 portfolio, no SS [1] https://www.princeton.edu/~deaton/downloads/...
by dayzero
Thu Jun 16, 2016 3:41 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 264
Views: 54553

Re: What's the ideal safe retirement net worth target?

30 years: 2,130,334 40 years: 2,337,795 50+ years: 2,596,179 Assumptions: Maximum happiness achieved at $75k per year [1] in 2010, inflation adjusted to $80k in 2016 Investigate 100% success rate on Firecalc with $80k spending, 50/50 portfolio, no SS [1] https://www.princeton.edu/~deaton/downloads/...
by dayzero
Wed Jun 15, 2016 1:42 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 264
Views: 54553

Re: What's the ideal safe retirement net worth target?

I used to say $6m then bumped it to $10m. I think at $10m most people can find a "reasonable" lifestyle that they are comfortable with and live within their means. Obviously people could survive on considerably less but for a nice target I think $10m. However, equally as important is having a reaso...
by dayzero
Wed Jun 15, 2016 1:31 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 264
Views: 54553

Re: What's the ideal safe retirement net worth target?

30 years: 2,130,334 40 years: 2,337,795 50+ years: 2,596,179 Assumptions: Maximum happiness achieved at $75k per year [1] in 2010, inflation adjusted to $80k in 2016 Investigate 100% success rate on Firecalc with $80k spending, 50/50 portfolio, no SS [1] https://www.princeton.edu/~deaton/downloads/...
by dayzero
Wed Jun 15, 2016 12:56 pm
Forum: Investing - Theory, News & General
Topic: What's the ideal safe retirement net worth target?
Replies: 264
Views: 54553

Re: What's the ideal safe retirement net worth target?

30 years: 2,130,334 40 years: 2,337,795 50+ years: 2,596,179 Assumptions: Maximum happiness achieved at $75k per year [1] in 2010, inflation adjusted to $80k in 2016 Investigate 100% success rate on Firecalc with $80k spending, 50/50 portfolio, no SS [1] https://www.princeton.edu/~deaton/downloads/d...
by dayzero
Fri Jun 03, 2016 12:53 pm
Forum: Personal Consumer Issues
Topic: Move to Denver (Job) or stay in NoVA ?
Replies: 53
Views: 6255

Re: Move to Denver (Job) or stay in NoVA ?

TJ is like the Harvard of public high schools. Not just in terms of education but also access to top colleges and connections made for later in life. Think very hard before passing this up. Personally, I would not.
by dayzero
Sun Feb 14, 2016 7:09 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on options strategy
Replies: 1
Views: 265

Need advice on options strategy

In addition to my Boglehead portfolio I also like to invest in some local residential real estate. I am in a position where I want to fund a new real estate investment using the proceeds from a previous investment, but those proceeds will not be available for another 3-6 months. I don't have the nec...
by dayzero
Mon Oct 12, 2015 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: I am scared of a bear is it ok to take longer to go in?
Replies: 36
Views: 4077

Re: I am scared of a bear is it ok to take longer to go in?

90% of your liquid net worth in cash? I can only assume this was a capitulation panic sell. If that's the case then I'd suggest subtracting 25% from your pre-capitulation equity allocation target, lump summing into that new position immediately, and committing to not making any further adjustments u...
by dayzero
Fri Oct 09, 2015 12:49 pm
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 9694

Re: New investors: how did your first correction go?

Knowing I still have 30+ years until retirement (25+ if I decide to retire early) and my skin in the game isn't as much, I just yawned as I watched the stock market go down. Even if my portfolio went down 50%, I can recoup that in a few years of aggressive saving if I really wanted to. That's good!...
by dayzero
Fri Oct 09, 2015 12:39 pm
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 9694

Re: New investors: how did your first correction go?

I feel more nervous dollar cost averaging while the market keeps reaching new highs rather than nervous over any dips/corrections. As long as you keep doing it anyway that's great. Just remember, if you believe in stocks for the long term, then by definition their "normal" state will be at or near ...
by dayzero
Fri Oct 09, 2015 10:42 am
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 9694

Re: New investors: how did your first correction go?

I'm 100% stocks and didn't flinch. Not sure I would even consider that a correction (~10% drop). Kinda bummed I maxed out the IRA earlier in the year, but added a little bit to the taxable account over the past couple months. That's great! For reference though, here are the deltas between 52 wk hig...
by dayzero
Fri Oct 09, 2015 9:00 am
Forum: Investing - Theory, News & General
Topic: New investors: how did your first correction go?
Replies: 100
Views: 9694

New investors: how did your first correction go?

If you are new to the investing world (Fall of 2011 or later), how did you do with your first market correction? (Disclaimer: I am in no way claiming we are out of it.) Each correction presents an opportunity for you to honestly gauge your reactions, learn from those reactions, and prepare yourself ...
by dayzero
Sun Sep 27, 2015 9:23 am
Forum: Personal Finance (Not Investing)
Topic: % Net Worth Change Since New Year's 2015
Replies: 95
Views: 11140

Re: % Net Worth Change Since New Year's 2015

You will never get two people on this site to agree what net worth means.
by dayzero
Sun Sep 27, 2015 9:21 am
Forum: Investing - Theory, News & General
Topic: Why not take their advice?
Replies: 59
Views: 5785

Re: Why not take their advice?

The key is understanding your own investment personality. For many (most?) this is perfect advice. My Roth is 100% Total Stock Market and for me, I love it. That is the easiest account to deal with, I never even think about it. You can't tinker or time with 100% of one thing. The more "things", the ...
by dayzero
Thu Sep 24, 2015 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Total International Dividend
Replies: 1
Views: 448

Total International Dividend

Just to confirm - if I buy Total International today (9/24), I will NOT get the dividend, right? I do not want it (taxable account). https://personal.vanguard.com/us/funds/snapshot?FundId=0569&FundIntExt=INT#tab=4 Dividend and capital gains distributions Record Date Reinvest Date Payable Date 09/23/...
by dayzero
Mon Jun 08, 2015 11:06 am
Forum: Investing - Theory, News & General
Topic: 1.25% mysavingsdirect.com
Replies: 7
Views: 5357

1.25% mysavingsdirect.com

Just noticed a jump to 1.25% at mysavingsdirect.com for their online savings account, this is enough of a delta to make me consider switching. Anyone else?

https://www.mysavingsdirect.com/MySavin ... /index.jsp
by dayzero
Thu Apr 16, 2015 11:04 am
Forum: Personal Finance (Not Investing)
Topic: tax return fraud
Replies: 4
Views: 826

Re: tax return fraud

And then today front and center in the personal finance section on WSJ:

http://www.wsj.com/articles/even-the-ta ... 1429135915