Search found 1719 matches

by Raybo
Sat Feb 16, 2019 6:11 pm
Forum: Investing - Theory, News & General
Topic: 30 years not long enough to calculate SWR?
Replies: 9
Views: 638

30 years not long enough to calculate SWR?

I started reading Larry Swedroe's new book (co-authored with Kevin Grogan) Your Complete Guide to a Successful and Secure Retirement. In it, he says Historically, a safe harbor withdrawal rate for a 65 year-old couple has only been about 4% of the portfolio's initial value [adjusted each year for in...
by Raybo
Fri Feb 15, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: What business did you sell?
Replies: 10
Views: 983

Re: What business did you sell?

When I was working, I taught people how to use and program computers. I wrote books, articles, a newsletter, and taught live classes. Then, I created a set of video training tapes. I added video tapes made by others to create a real catalog of courses. This grew enough that I hired someone to manage...
by Raybo
Tue Feb 12, 2019 4:42 pm
Forum: Personal Investments
Topic: Advice on bridge to SS, asset mix, etc
Replies: 15
Views: 1061

Re: Advice on bridge to SS, asset mix, etc

A bit of math if I read your post correctly: You need $12K/month and have a pension of about $6K/month until you are 62 and then (roughly) $5K/month thereafter. At 70, your pension and social security are $12K/month, equaling your projected expenses. This means you need to generate $6K x 12 = $72K f...
by Raybo
Tue Feb 12, 2019 1:36 pm
Forum: Personal Investments
Topic: What stress test do you run on your retirement portfolio?
Replies: 39
Views: 2160

Re: What stress test do you run on your retirement portfolio?

I use 2008. I have no clue what this means, how do you use it? -50% return? In 2008, I watched my asset pile decline precipitously. At the bottom, I realized I might not have enough if things kept falling and didn't recover. I took (ill-advised, it turns out) steps to give my assets time to recover...
by Raybo
Tue Feb 12, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Small business partial ownership
Replies: 22
Views: 769

Re: Small business partial ownership

For me, the answer would come down to this: Will you be creating new material or adapting existing material? If you are adapting material you already have, then it gives you another way to profit off work you've done previously. I would see it like writing a book from a class you teach or teaching a...
by Raybo
Mon Feb 11, 2019 10:15 am
Forum: Non-US Investing
Topic: Insurance for the aging parent
Replies: 6
Views: 617

Re: Insurance for the aging parent

First, do some research on how much it might cost to pay for some expensive medical treatment. Once you know how much money you might need, you can begin building a kind of Dad's emergency fund to pay for such a problem. You will likely have some notice before such an operation is needed so I don't ...
by Raybo
Sun Feb 10, 2019 12:51 pm
Forum: Personal Investments
Topic: Is more in my taxable my only option now?
Replies: 6
Views: 706

Re: Is more in my taxable my only option now?

You might look into IBonds. They pay a (tiny) real interest rate and get an inflation adjustment, so, essentially, they keep pace with inflation. The good thing for you is that the interest and inflation adjustments are tax deferred, only being recognized as income when the bond is cashed. They can'...
by Raybo
Sat Feb 09, 2019 10:46 pm
Forum: Personal Consumer Issues
Topic: a week in Italy(first time)
Replies: 29
Views: 1764

Re: a week in Italy(first time)

First, give up any idea of actually seeing everything in any of the cities you visit. Pick a list of things you want to see in each place, determine if you can buy tickets on-line, and then create a schedule around those sites. Like others have said, choose 2 cities (my choices would be Florence and...
by Raybo
Fri Feb 08, 2019 2:35 pm
Forum: Personal Consumer Issues
Topic: Hostels while solo traveling in Europe?
Replies: 7
Views: 995

Re: Hostels while solo traveling in Europe?

If you like to interact with locals, check out couchsurfing.org. It is full of local people who will offer you a place to stay in their houses for free. There are also people looking to meet travelers, as well. This site has been around for many years and has all the problems of free internet sites....
by Raybo
Fri Feb 08, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: Visiting Hawaii- Big Island - 8 days
Replies: 22
Views: 1446

Re: Visiting Hawaii- Big Island - 8 days

I have 3 suggestions. Both are south of Kona, so not all that far from where you are staying. First is Kahalu'u Beach. Of all the places I've snorkled in Hawaii, this beach was the most spectacular. The lagoon is protected by a reef about 100 yards off shore. The water is warm and the fish are every...
by Raybo
Thu Feb 07, 2019 10:12 pm
Forum: Investing - Theory, News & General
Topic: To What Degree Does Money Buy Happiness?
Replies: 107
Views: 4862

Re: Does Money Buy Happiness?

It depends on what someone has to do to get the money in the first place.
by Raybo
Mon Feb 04, 2019 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Chase credit card dispute - denied
Replies: 141
Views: 8945

Re: Chase credit card dispute - denied

Does Avis have video cameras in the rental locations or the car pick-up? If so, you could ask to see the video. Maybe that would convince Chase.

Frankly, I'd cancel the Chase card and find another bank.
by Raybo
Mon Feb 04, 2019 8:11 pm
Forum: Personal Consumer Issues
Topic: Trip to San Francisco & San Jose - tips on travel
Replies: 20
Views: 1099

Re: Trip to San Francisco & San Jose - tips on travel

Regarding Muir Woods, it is now required that you get (pay for) a parking reservation in order to drive a car to Muir Woods. You can get these on-line.

There is a bus and a park and ride tram to get there, instead.
by Raybo
Mon Feb 04, 2019 9:27 am
Forum: Personal Investments
Topic: Accumulating to Spending Stage
Replies: 23
Views: 1860

Re: Accumulating to Spending Stage

I'd suggest you read Michael McClurg's book Living Off Your Money (http://livingoffyourmoney.com/) as a start. Also, check out the long thread discussing his book (https://www.bogleheads.org/forum/viewtopic.php?t=192105). That should jump start your study on withdrawal methods and provide you with t...
by Raybo
Mon Feb 04, 2019 9:19 am
Forum: Personal Investments
Topic: Help with our retirement investments
Replies: 2
Views: 390

Re: Help with our retirement investments

Investing is about achieving goals. What are you trying to achieve? Will you move back to the US at some point? If so, when? After your wife retires or when she is reassigned? Will you sell the house you have now or keep it? I have no idea what stocks you are invested in, as I can only recognize a f...
by Raybo
Mon Feb 04, 2019 9:09 am
Forum: Personal Consumer Issues
Topic: Trip to San Francisco & San Jose - tips on travel
Replies: 20
Views: 1099

Re: Trip to San Francisco & San Jose - tips on travel

The fall in the Bay Area is the nicest time of the year, in my experience. September is the "hottest" month. If you come in, say, October and it is a "normal" year and you like hiking, it is likely you will want to visit Marin County and do some hiking. Getting there on a bus is doable buy not easy....
by Raybo
Fri Feb 01, 2019 3:24 pm
Forum: Personal Investments
Topic: Am I supposed to keep dumping any excess money in an index fund and thats it?
Replies: 39
Views: 4333

Re: Am I supposed to keep dumping any excess money in an index fund and thats it?

Depending on your tax status, you might consider IBonds. You can only buy $5K/year but they accrue interest tax-deferred for up to 20 years. An IBond has a real interest rate and an inflation adjustment. Thus, the bond gains in (taxable) value as inflation grows. It pays the real interest rate on th...
by Raybo
Mon Jan 28, 2019 4:32 pm
Forum: Personal Consumer Issues
Topic: Do you do backpacking in your 50s or 60s?
Replies: 51
Views: 3610

Re: Do you do backpacking in your 50s or 60s?

I don't backpack. But, I do BIKEpack, where the weight is on the bike not on my back. Also, I ride on roads or gravel paths and go about 50 miles a day. I'm 66. With the exception of distance and how the weight is carried, the two endeavors are quite similar. Like you, I get my fair share of "you mu...
by Raybo
Mon Jan 28, 2019 9:59 am
Forum: Personal Investments
Topic: Complicated income situation - need help with retirement accounts
Replies: 14
Views: 1327

Re: Complicated income situation - need help with retirement accounts

First, stop beating yourself up about missing tax deferred opportunities. What's done is done. While IRA investments defer taxes, it doesn't mean that after-tax investments are a bad idea. There are ways to invest money in after-tax accounts that minimize taxes. There are I- and E-Bonds that are tax...
by Raybo
Sun Jan 27, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: People with websites as side hustle or business, what marketing channels do you use
Replies: 26
Views: 2131

Re: People with websites as side hustle or business, what marketing channels do you use

First, there are plenty of books on this topic. Have him/her go to his local library and look at the internet business section. There also are websites and blogs that talk about promoting a website. What does this website do/sell? My approach (for a non-income producing website) is respond to posts ...
by Raybo
Fri Jan 25, 2019 10:12 am
Forum: Personal Investments
Topic: Thoughts on this for retirees?
Replies: 9
Views: 907

Re: Thoughts on this for retirees?

Thanks, what would you suggest? There is no one answer for everyone. We would need some more information: What is the purpose of the investment? What other investments do you have? What are you trying to achieve? My suggestion is to stop talking to insurance salespeople and start reading books abou...
by Raybo
Fri Jan 25, 2019 9:40 am
Forum: Personal Investments
Topic: Thoughts on this for retirees?
Replies: 9
Views: 907

Re: Thoughts on this for retirees?

This is a bad investment. It is designed for people who are scared to lose money in they stock market so the sales pitch is all about the no-loss guarantee along with the limited upside. Note that the option is based on the index, but likely excludes dividends. While the no-loss guarantee is for the...
by Raybo
Fri Jan 25, 2019 9:33 am
Forum: Personal Consumer Issues
Topic: Where to stay in Naples, Italy and along Amalfi coast
Replies: 36
Views: 1943

Re: Where to stay in Naples, Italy and along Amalfi coast

If you want to visit Pompeii, it makes sense to stay in Sorrento. It has easy train connections to Pompeii, Herculaneum and Naples (where you will likely want to visit the Archeological Museum to see the truly amazing Pompeii artifacts), has ferries to Capri, and is a real city with all the amenitie...
by Raybo
Thu Jan 24, 2019 9:47 pm
Forum: Personal Consumer Issues
Topic: 2-week European vacation
Replies: 34
Views: 2434

Re: 2-week European vacation

A bit more information about what you want to see and do is necessary. Do you want to see art? Historic places? Beautiful architecture? Eat local foods, meet local people? Do you speak any European languages? Assume that a ride from a major city to another will take a day. It might not, but trains d...
by Raybo
Tue Jan 22, 2019 6:18 pm
Forum: Investing - Theory, News & General
Topic: Your Retirement W/D method and why?
Replies: 40
Views: 3692

Re: Your Retirement W/D method and why?

I have been retired for 19 years and just reached full retirement age. In all that time, I've been using taxable money to live on. At first, I had a wide set of investments to choose from to fund my expenses. I've now consumed most of them. My main taxable account has large taxable gains that I am s...
by Raybo
Sun Jan 20, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Button Down Shirts / Travel Pants / Light Jacket? Other Tips from experienced Boglehead world travelers?
Replies: 143
Views: 8586

Re: Men's No-Cotton Travel Pants Suggestions? Other Tips from experienced world travellers?

I do a lot of long trips on a bicycle where weight and size are serious limitations. I take very few (off bike) clothes. What I've found has the best weight - utility ratio are merino wool t-shirts. These shirts are expensive but they can be worn several days without needing to be washed. That is, t...
by Raybo
Sun Jan 20, 2019 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to reduce base expenses
Replies: 9
Views: 1274

Re: Trying to reduce base expenses

Do you need all that insurance? What level of assets are you covering with the Umbrella policy? Is the life insurance term or whole? If it is whole, you can stop paying it and let the premiums be paid by the cash value in the policy. Is there any way to use solar or wind to get some power? With 20 a...
by Raybo
Sat Jan 19, 2019 7:26 pm
Forum: Personal Consumer Issues
Topic: Is California worth the premium?
Replies: 89
Views: 5235

Re: Is California worth the premium?

I was born in California (LA) and lived there and in the Bay Area. I've never lived anywhere else. To me, million dollar homes are the norm and I find it hard to believe that someone can buy a home for a few thousand dollars. I bought a house in Santa Cruz back in the 1980s. Yes, it was expensive at...
by Raybo
Sat Jan 19, 2019 5:37 pm
Forum: Personal Consumer Issues
Topic: Bicycling trip along the French Riviera
Replies: 13
Views: 720

Re: Bicycling trip along the French Riviera

It looks like you will be carrying your own gear. You also mention renting a bike. Is your plan to bring gear and panniers and then rent a bike with racks on it? Have you checked out companies that plan itineraries for people who want to show up, be given a bike and instructions, and then ride off? ...
by Raybo
Sat Jan 19, 2019 9:32 am
Forum: Personal Consumer Issues
Topic: Sicily over Italian cities?
Replies: 49
Views: 3287

Re: Sicily over Italian cities?

What is your interest in visiting Italy? Sicily has a great deal of history and the ruins to match. It has beaches, an active volcano, and good roads. But, so does the rest of Italy. While you can skip Rome, Florence and Venice, there are still plenty of other fabulous places in Italy to visit. The ...
by Raybo
Fri Jan 18, 2019 4:35 pm
Forum: US Chapters
Topic: San Francisco Mid Peninsula, California Chapter Interest?
Replies: 35
Views: 4532

Re: San Francisco Mid Peninsula, California Chapter Interest?

About 10 of us met. We decided to keep meeting in Millbrae on the third Thursday of each month. But, probably in another location next time.

We had a brief talk about buying CDs from banks and in the secondary market. Questions were asked and other topics discussed.

Everyone decided to do it again.
by Raybo
Thu Jan 17, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Audio book options
Replies: 28
Views: 1098

Re: Audio book options

Check out your local library.

My local library (San Francisco) has thousands of downloadable and CD-based audio books for free. Some libraries allow you to become a member without living in the area. For the San Francisco public library you only have to live in California.
by Raybo
Tue Jan 15, 2019 3:43 pm
Forum: Personal Consumer Issues
Topic: Any good reason to get a smartwatch?
Replies: 93
Views: 4004

Re: Any good reason to get a smartwatch?

I have no interest in owning an iWatch. But, a nephew's school was having a raffle and I bought a ticket to support him. I won! The prize is an Apple Watch. I haven't gotten it yet, but I have started asking people with such watches what they do with theirs. For the most part, they use them the same...
by Raybo
Sun Jan 13, 2019 10:00 am
Forum: Personal Consumer Issues
Topic: 15 full days in Costa Rica
Replies: 25
Views: 1887

Re: 15 full days in Costa Rica

15 years ago I spent my honeymoon in Costa Rica. The place I liked the best was Bosque del Cabo in the southern part of the country. We flew from San Jose down to Puerto Jimemez. It is a private reserve with a pool, fabulous cabanas, full board, and monkeys. We took a river raft down the Pacuare Riv...
by Raybo
Fri Jan 11, 2019 6:35 pm
Forum: Personal Investments
Topic: Tax Loss Harvest (TLH) Question
Replies: 7
Views: 586

Re: Tax Loss Harvest (TLH) Question

I have a similar problem in that I've done some tax-loss harvesting in TSM and have ended up with the S&P500 and Extended Market funds. I find trying to balance these 2 funds to recreate the TSM coverage to be a bother. I'm living off the money I am harvesting, so I'm not buying anymore in my after-...
by Raybo
Fri Jan 11, 2019 2:51 pm
Forum: Personal Investments
Topic: What financial instution do you use for cash?
Replies: 14
Views: 1053

Re: What financial instution do you use for cash?

I keep my cash at Capital One for the interest but actually spend money from my account at Chase. I transfer money between in a couple of days after an on-line transfer request. I have been rethinking this, though. All my money, other than cash, is at Vanguard. When I need money, I sell something at...
by Raybo
Fri Jan 11, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Banff/Lake Louise vacation-suggestions?
Replies: 16
Views: 928

Re: Banff/Lake Louise vacation-suggestions?

There isn't much in the "town" of Lake Louise. The hotel is a good ways up the hill. There is bus service between the two. The hotel has the usual expensive hotel amenities. I've not been to Banff recently. But, it is a real town that I've heard is choked with tourists and day trippers. There is som...
by Raybo
Fri Jan 11, 2019 9:35 am
Forum: Personal Consumer Issues
Topic: Should I get umbrella liability insurance?
Replies: 56
Views: 4816

Re: Should I get umbrella liability insurance?

I, too, agree that you should have both renter's insurance and an umbrella policy. While umbrella liability policies are inexpensive (I pay $135/year for $1 million in coverage), to qualify for them, you have to increase your other insurance limits. So, my home owners and auto policies are now much ...
by Raybo
Fri Jan 11, 2019 9:16 am
Forum: Personal Investments
Topic: American Funds (No Loads) vs Vanguard Index Funds
Replies: 30
Views: 2206

Re: American Funds (No Loads) vs Vanguard Index Funds

Take a hard look at the claim that American Funds beat index funds and you see a few things. First, AF compares against the index, not the actual return with dividends reinvested. So, yes they might beat the index, but not the actual return. Second, AF compares it funds against the S&P 500. But, the...
by Raybo
Thu Jan 10, 2019 10:52 am
Forum: Personal Investments
Topic: Complete Financial Overhaul - help!
Replies: 12
Views: 1524

Re: Complete Financial Overhaul - help!

When I was working and had maxed out all my tax deferred accounts, I purchased a Whole Life Policy on the idea that it was yet another way to save money in a tax-advantaged way. Upon reading (and re-reading) the actual policy, I discovered that it is an expensive way to invest money (mine had a 5% l...
by Raybo
Wed Jan 09, 2019 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Attn Tax Experts: Sold Primary Residence
Replies: 24
Views: 1055

Re: Attn Tax Experts: Sold Primary Residence

I am not a lawyer, tax accountant, or even up on the current tax laws. That said, I believe that if you lived in the house for 2 of last 5 years, then you get a $250,000 capital gains exemption. So, using your example, you shouldn't owe any Federal Taxes. However, you may owe state taxes, depending ...
by Raybo
Tue Jan 08, 2019 11:16 pm
Forum: US Chapters
Topic: San Francisco Mid Peninsula, California Chapter Interest?
Replies: 35
Views: 4532

Re: San Francisco Mid Peninsula, California Chapter Interest?

Is anyone coming from SF and would like to carpool?
by Raybo
Mon Jan 07, 2019 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Strategic Spending to Hedge Against Future Uncertainity
Replies: 19
Views: 866

Re: Strategic Spending to Hedge Against Future Uncertainity

There is nothing wrong with prioritizing your bucket list by both urgency and age. That is, if there are somethings you want to do more than others, maybe look to do that now, instead of wait. And I want to repeat what others have said, which is, some things are easier to do when you are younger (tr...
by Raybo
Mon Jan 07, 2019 10:52 am
Forum: US Chapters
Topic: San Francisco Mid Peninsula, California Chapter Interest?
Replies: 35
Views: 4532

Re: San Francisco Mid Peninsula, California Chapter Interest?

I live in SF and would attend.
by Raybo
Mon Jan 07, 2019 10:00 am
Forum: Personal Investments
Topic: Fiancée Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals
Replies: 136
Views: 10679

Re: Fiance Thinks I'm Putting Too Much Towards Retirement/ Not Enough Towards Short-Term Goals

If you both live below your means, why is the wedding going to cost you $25-$30,000? This seems excessive for a wedding. My suggestion is not to find a way to fund an expensive wedding. Find a way to reduce the cost so that it isn't such a burden on your finances. If that isn't possible, I'd suggest...
by Raybo
Sun Jan 06, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: World Nomad Travel Insurance: too good to be true?
Replies: 5
Views: 544

Re: World Nomad Travel Insurance: too good to be true?

It might be best to think about what you are insuring for. It seems to me that extended stays in a hospital is the main concern. What does your current health insurer cover when you are out of the country? My health plan (Kaiser in California) covers me just like I was in the US, if it is an emergen...
by Raybo
Sun Jan 06, 2019 11:14 am
Forum: Investing - Theory, News & General
Topic: Rebalancing in a down market
Replies: 9
Views: 1384

Re: Rebalancing in a down market

The AA I have is based on the risk I am willing to take to get the return I need to fund my retirement. To control risk, I rebalance when I sell investments to raise cash for my expenses. These days, I don't bother with 5/25 controls. Though, if there was a major market move down, I might have to re...
by Raybo
Sat Jan 05, 2019 3:25 pm
Forum: Personal Investments
Topic: TIPS Question
Replies: 26
Views: 1610

Re: TIPS Question

TIPS pay interest every 6 months. If you only have a single 10-year TIPS, then your interest will be calculated based only on the terms of that security. If you had a ladder of different years, the interest you would be paid would be based on the interest rate of each individual TIPS in the ladder. ...
by Raybo
Fri Jan 04, 2019 7:34 pm
Forum: Investing - Theory, News & General
Topic: US Stock Market Returns in the 21st Century
Replies: 92
Views: 4435

Re: US Stock Market Returns in the 21st Century

So, for investors that were 100% US Stocks, their 19 year return was 3% real (with reinvested dividends). But, few people are 100% US Stocks for 19 years. I wonder how things would have been for someone maintaining a specific AA who rebalances? The rebalancing bonus from selling bonds to buy stocks ...