Search found 1141 matches

by corn18
Wed Jan 16, 2019 9:24 am
Forum: Personal Consumer Issues
Topic: End of an era - Boeing 727
Replies: 35
Views: 2146

Re: End of an era - Boeing 727

Another interesting fact about the 727: it generated more wake turbulence than a 747 (or any other airplane). The clean wing configuration allowed for some serious vortices to be generated from the wingtips when it was in the takeoff/landing configuration. Hellofa ride if you were trailing one too c...
by corn18
Thu Jan 10, 2019 8:58 pm
Forum: Investing - Theory, News & General
Topic: Salary, Portfolio size, and Asset Allocation
Replies: 33
Views: 2722

Re: Salary, Portfolio size, and Asset Allocation

Does that make any sense? :shock: Thanks for any help. It does not make any sense. If you remove the salary is a bond from the argument and just consider portfolio size, then I think there is some sense to it. If I had $10M in savings right now, 1. I would retire 2. I would set aside half of it for...
by corn18
Thu Jan 10, 2019 4:22 pm
Forum: Investing - Theory, News & General
Topic: AQR Cuts Staff After a Bad Year (39 out of 41 funds down)
Replies: 31
Views: 2601

Re: AQR Cuts Staff After a Bad Year (39 out of 41 funds down)

David Jay wrote:
Thu Jan 10, 2019 2:58 pm
Tamalak wrote:
Thu Jan 10, 2019 12:16 pm
(I did not, however, lay off any of my 1 employees)
We're glad you didn't end up out on the street. :wink:
Whaat kind of separation package would your 1 employee get?
by corn18
Thu Jan 10, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Debt free...now what?
Replies: 10
Views: 1526

Re: Debt free...now what?

My experience is specifically related to transitioning from a 20 year military career to the DoD contractor world, so please read this with a jaundice eye. Networking. While you are in the military, build and maintain a broad network within the military. Stay connected with operators, requirements, ...
by corn18
Tue Jan 08, 2019 11:33 am
Forum: Personal Consumer Issues
Topic: Recommendations for a 9mm handgun
Replies: 171
Views: 12546

Re: Recommendations for a 9mm handgun

If you don't go to the range, you will buy the wrong gun. I picked a Glock19 as it fits my hand and my style perfectly. Very reliable. My wife chose a S&W hammerless .357 5 shot that she runs 38 special loads in (hollow point). Fits her hand nicely and requires no thought to use. Point it and start ...
by corn18
Mon Jan 07, 2019 5:31 pm
Forum: Investing - Theory, News & General
Topic: Safe withdrawal rate at 38 years old
Replies: 95
Views: 7370

Re: Safe withdrawal rate at 38 years old

OP, I would use 3% and see if that is enough. My base budget is $100k/year for retirement which is generous in all categories but does not include travel. We would love to have $50k/year for travel, so we are saving more until we hit that @ 4% WR (our time frame is shorter).
by corn18
Mon Jan 07, 2019 1:22 pm
Forum: Investing - Theory, News & General
Topic: How do you view a savings surplus in retirement?
Replies: 117
Views: 5913

Re: How do you view a savings surplus in retirement?

I am a VPW guy and will calculate my withdrawal each year based on the VPW spreadsheet and current balances. If there is an extra $250k in there, then my withdrawal will be bigger. But the % will be in accordance with the spreadsheet. Treating it as a lump sum extra would be tempting because I would...
by corn18
Sat Jan 05, 2019 7:39 am
Forum: Personal Finance (Not Investing)
Topic: ? about Mega-backdoor limits and company match
Replies: 2
Views: 284

Re: ? about Mega-backdoor limits and company match

DVMresident is correct in that all plans are different. You should get your hands on the summary plan document and read it over carefully. It sounds like a non-qualified deferred compensation plan, which is not in any way a 401k or retirement plan. It is simply deferred compensation that mimics a 40...
by corn18
Fri Jan 04, 2019 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5264

Re: Ever wonder if you are saving Too Much?

This is a great question and one we are thinking about right now. We set our initial savings goals 5 years ago (late start). We decided to target maxing 401k including after tax mega backdoor Roth, funding both our back door Roths and $75k to taxable. That met our goal to retire at 60. Our income we...
by corn18
Fri Jan 04, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: What Do You Spend The Most On Annually?
Replies: 158
Views: 8227

Re: What Do You Spend The Most On Annually?

Savings Taxes Mortgage Our biggest discretionary spend is food/dining. Then clothes. I don't buy any clothes. I love my wife. I saw the horse post. Man, is that right. We had a horse for our daughter and holy cow, (or mare) are they expensive. The horse cost us $20k. That was the cheap part. $850/mo...
by corn18
Fri Jan 04, 2019 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: Two years from retirement - what's more important?
Replies: 57
Views: 2582

Re: Two years from retirement - what's more important?

I really love the TSP offerings. I do too, but I dislike their withdrawal options. I keep hearing 2019 is supposed to bring some flexibility, but haven't checked to see if that actually happens. I keep $3k in my TSP G fund (that's my entire TSP account right now). I did that to keep the option to r...
by corn18
Fri Jan 04, 2019 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Two years from retirement - what's more important?
Replies: 57
Views: 2582

Re: Two years from retirement - what's more important?

We are two years out from retirement as well. A 60/40 portfolio gives us 10 years of fixed income @ 4% withdrawal rate, so that is what we chose. It really isn't that simple, but I like the simplicity of the math without assumptions. My measure of risk right now is can I handle a 50% drop in equitie...
by corn18
Thu Jan 03, 2019 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Recent Engineering College Graduate can’t get job interviews, needs advice
Replies: 145
Views: 10783

Re: Recent Engineering College Graduate can’t get job interviews, needs advice

My Son recently graduated with a degree in Industrial Engineering from a highly regarded State University. Due to depression issues, his overall GPA is 2.73. He got the help he needed and was able to pull up his grades the last 2 semesters which averaged 3.375. Unfortunately he has not been able to...
by corn18
Thu Jan 03, 2019 1:08 pm
Forum: Investing - Theory, News & General
Topic: Are we officially in bear market ?
Replies: 79
Views: 9716

Re: Are we officially in bear market ?

Add the nearly inverted yield curve and unwinding of QE and we are in for a fun ride.
by corn18
Thu Jan 03, 2019 1:06 pm
Forum: Personal Consumer Issues
Topic: What Sudden Needs of Cash Do You Prepare For?
Replies: 64
Views: 3592

Re: What Sudden Needs of Cash Do You Prepare For?

I don't have a true EF now that my taxable account has gotten relatively large. But I do carry 6 months of living expenses in a FIDO tax free muni fund in my taxable account just so I don't have to sell equities if they are low. My checking account balance floats around $20k just because, but if it ...
by corn18
Wed Jan 02, 2019 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to afford a sports car?
Replies: 128
Views: 8931

Re: How to afford a sports car?

indexonlyplease wrote:
Wed Jan 02, 2019 6:11 pm

By the wat 40k does not get you a real sports car.
That's a bold statement. There are a LOT of real sports cars you can get for $40k. But if your definition of a real sports car is a Demon, then we'll have to disagree on the definition.
by corn18
Wed Jan 02, 2019 4:44 pm
Forum: Personal Consumer Issues
Topic: Your ideal home size
Replies: 130
Views: 8272

Re: Your ideal home size

We had 4,100 sq ft ft for a family of 4. Too much. One room (10x14) was used just for the cats to poop in (it was called a "bonus" room). And my wife even decorated it with a sofa, end tables, lamps and a nice bookcase with books we have never read. The kids are off to college and it's just the 2 of...
by corn18
Tue Jan 01, 2019 7:18 pm
Forum: Personal Consumer Issues
Topic: Save expired passports?
Replies: 26
Views: 2163

Re: Save expired passports?

I am not 100% sure but I think that if you lose your current passport that your old passport could still be used to help order a replacement. Be sure to keep them clearly labeled as being the old passport. I would hate to get to the airport only to find that I had brought the old passport. Just did...
by corn18
Tue Jan 01, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: Shoes to wear with jeans to the office?
Replies: 87
Views: 5589

Re: Shoes to wear with jeans to the office?

I ran an experiment many years ago on the advice of my wife. Every day I complimented one person on their shoes. I know nothing about shoes, but wanted to see what happened. 100% of men thought I was weird and ran away. 100% of women would engage me in conversion about where they got the shoes and s...
by corn18
Mon Dec 31, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Company Paid Relocation Expenses, Can't get full understanding of taxes/benefit value
Replies: 16
Views: 2352

Re: Company Paid Relocation Expenses, Can't get full understanding of taxes/benefit value

I am going through this right now and while it is nice that the company reimburses for all my move expenses, it sucks that they list it as taxable relo on the income side and gross it up wrong. Wrong is a subjective term. They gross it up according to the IRS rules: 25% federal, 3.5% state, 1.9% FIC...
by corn18
Sun Dec 30, 2018 5:55 pm
Forum: Personal Consumer Issues
Topic: Best bet for streaming YouTube TV on my TV?
Replies: 27
Views: 1998

Re: Best bet for streaming YouTube TV on my TV?

I have YTTV and a Roku and Chromecast. The Roku interface is clunky compared to just using your phone and casting YTTV via chromecast. The ultimate is using Google home + chromecast + YTTV and just saying "Hey Google, play ESPN". It turns on the TV and tunes it to ESPN on YTTV. You can control the v...
by corn18
Sat Dec 29, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: How to afford a sports car?
Replies: 128
Views: 8931

Re: How to afford a sports car?

You could do what I did and buy what you wanted when you wanted it with no delayed gratification. That landed me with a -$200,000 net worth at age 47 with no savings at all and no hope of ever retiring. I had 4 cars all with loans, a house that was worth less than the mortgage, an RV, a horse, horse...
by corn18
Fri Dec 28, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: How to afford a sports car?
Replies: 128
Views: 8931

Re: How to afford a sports car?

I'm 24 single out of college not making alot of money, paid off my student loans , I am becoming frustrated, because after rent, insurance, groceries, gas, Bill's etc I'm only saving $1000/month How much do you spend on rent, insurance, groceries, gas, bills, etc...? If you make a lot of money and ...
by corn18
Fri Dec 28, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: How to afford a sports car?
Replies: 128
Views: 8931

Re: How to afford a sports car?

I'm 24 single out of college not making alot of money, paid off my student loans , I am becoming frustrated, because after rent, insurance, groceries, gas, Bill's etc I'm only saving $1000/month How much do you spend on rent, insurance, groceries, gas, bills, etc...? If you make a lot of money and ...
by corn18
Fri Dec 28, 2018 9:13 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8043

Re: My favorite Boglehead posters

Want to add a shout out to Alan S and retiredjg as well for all their help on Roth conversions. I think they may save me thousands of dollars over the years.
by corn18
Fri Dec 28, 2018 7:44 pm
Forum: Personal Consumer Issues
Topic: Why do people buy- performance cars?
Replies: 67
Views: 2361

Re: Why do people buy- performance cars?

The best of both worlds is a track day car where you can utilize all of the performance. Or rent a supercar at a track day and use up someone else's depreciation. You can drive 2-3 supercars in the same day for $500.
by corn18
Fri Dec 28, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: Why do people buy- performance cars?
Replies: 67
Views: 2361

Re: Why do people buy- performance cars?

srt7 wrote:
Fri Dec 28, 2018 4:55 pm
FlyAF wrote:
Fri Dec 28, 2018 4:27 pm
Acura TLX is not a performance car.
+1 I don't even know why they make those when an Accord V6 is the better option.
No it's not a performance car. Yes it is better than an Accord V6. For me, anyway.
by corn18
Fri Dec 28, 2018 4:23 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8043

Re: My favorite Boglehead posters

jack bogle

Always nice when the man himself visits.
by corn18
Fri Dec 28, 2018 4:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: My favorite Boglehead posters
Replies: 142
Views: 8043

Re: My favorite Boglehead posters

Taylor Larimore
by corn18
Fri Dec 28, 2018 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Rookie Boglehead- Young-ish High Income Earner
Replies: 20
Views: 1363

Re: Rookie Boglehead- Young-ish High Income Earner

Try to ladder your term policies to match your future needs. I had $500k until age 48 when I actually did the math on what I needed. I put 4 policies in place @ $500k each. The shortest one expires @ age 63, the longest at age 78. All term. Probably the most brilliant financial thing I have done as ...
by corn18
Fri Dec 28, 2018 3:19 pm
Forum: Investing - Theory, News & General
Topic: Tax loss harvesting - economic position
Replies: 5
Views: 319

Re: Tax loss harvesting - economic position

I can justify TLH in the same way I justify my backdoor Roth. It's legal, it's advantageous to me, I do it. Really not any more complicated than that for me.
by corn18
Fri Dec 28, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: Video on Vanguard Wellington 5% Withdrawals 2001-2017 tell me what you think
Replies: 14
Views: 1726

Re: Video on Vanguard Wellington 5% Withdrawals 2001-2017 tell me what you think

Is this click bait? I want to watch it. Could you provide an executive summary of what I might be about to watch?
by corn18
Fri Dec 28, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Asset Allocations (how to include a pension in planning)
Replies: 17
Views: 1285

Re: Asset Allocations (how to include a pension in planning)

I don't use it in my AA, at least not quantitatively. My military pension covers half my expected expenses. SS covers the other half at 70. So I need my savings to get me from 55 (planned retirement age) to 70. The nice thing about the pension is it cuts my expenses in half so I don't need to save a...
by corn18
Fri Dec 28, 2018 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Setting band for investing dividends and cap gains
Replies: 6
Views: 239

Setting band for investing dividends and cap gains

I set my taxable account to not reinvest cap gains and dividends and I set it to specific ID (for TLH). The amount is growing now with year end distributions and I wanted to put something in my IPS about when to put them back to work. Wanted to get input from the collective wisdom of BH on what to w...
by corn18
Fri Dec 28, 2018 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth losses
Replies: 1
Views: 223

Backdoor Roth losses

Here's the scenario: 2014 - contributed $5500 to my traditional IRA with after tax, non-deductible dollars 2015 - contributed $5500 to my traditional IRA with after tax, non-deductible dollars 2015 - backdoor Roth - $11,000 contributions, $603.29 earnings (I paid the tax on conversion) I have made c...
by corn18
Fri Dec 28, 2018 8:27 am
Forum: Personal Consumer Issues
Topic: Shoes to wear with jeans to the office?
Replies: 87
Views: 5589

Re: Shoes to wear with jeans to the office?

Single monk strap shoes are what I wear on jean days at work. I usually wear a light brown pair with a matching belt and crazy socks (usually Star Wars).
by corn18
Thu Dec 27, 2018 6:20 am
Forum: Investing - Theory, News & General
Topic: Why call them "losses" when you still own the shares?
Replies: 103
Views: 4877

Re: Why call them "losses" when you still own the shares?

I refuse to recognize that my house is still worth less than what I paid for it in 2008. I still have 1 house.

Let's hope the buyers agree with me. It goes on the market next week.
by corn18
Thu Dec 27, 2018 5:56 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781757

Re: U.S. stocks in free fall

Futures appear to be down a gozillion points. Hang on!
by corn18
Tue Dec 25, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781757

Re: U.S. stocks in free fall

J G Bankerton wrote:
Tue Dec 25, 2018 6:49 pm
gilgamesh wrote:
Tue Dec 25, 2018 6:43 pm
Do robots break line with impunity
Of course, they are run by insiders. Trading is a sucker game.
And yet you have been playing it all year. Are you an insider or a sucker?
by corn18
Tue Dec 25, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 407
Views: 58135

Re: What NON frugal thing did you do today?

Just opened the silver oak to breath. It’s going with the prime rib we are having later. Also a splurge. My Camus cab is breathing as well. Both of those are some of my favorites. I try not to indulge too often in the nicer bottles. I say that as I'm letting my Stag's leap cab breathe now too 😁 Sta...
by corn18
Tue Dec 25, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 407
Views: 58135

Re: What NON frugal thing did you do today?

JonnyDVM wrote:
Tue Dec 25, 2018 4:27 pm
Just opened the silver oak to breath. It’s going with the prime rib we are having later. Also a splurge.
My Camus cab is breathing as well.
by corn18
Tue Dec 25, 2018 9:57 am
Forum: Personal Consumer Issues
Topic: That Extravagant Thing You Do
Replies: 407
Views: 58135

Re: What NON frugal thing did you do today?

Paid $300 for 2 oz of Remy Martin Louis XIII cognac at Xmas dinner last night.
by corn18
Tue Dec 25, 2018 9:47 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781757

Re: U.S. stocks in free fall

YEEEEHAAW!

Image
by corn18
Mon Dec 24, 2018 10:50 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781757

Re: U.S. stocks in free fall

J G Bankerton wrote:
Mon Dec 24, 2018 10:44 am
ge1 wrote:
Mon Dec 24, 2018 10:39 am
And we all know how accurate Wall Street is in forecasting next year's earnings.
We don't need no stink'n earnings, we have animal spirits.
My last buy is up 1.25%. Do you want to run with Santa or do you want run from Santa. :greedy
And how are those massive losses?
by corn18
Mon Dec 24, 2018 10:28 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781757

Re: U.S. stocks in free fall

J G Bankerton wrote:
Mon Dec 24, 2018 10:22 am
I just sit in my room an buy and buy, then I laugh and laugh. Ha.
You don’t seem to be laughing in your massive loss thread.
by corn18
Mon Dec 24, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Massive losses; what if I die [before offsetting the losses]?
Replies: 55
Views: 6997

Re: Massive losses; what if I die?

This is my situation. I'm retired and have annuities that die with me. The annuities are more than sufficient; I'm still, and always will be, in the accumulation phase. I'm thinking endowment time frame, that's why I'm 100% stock, with sufficient pocket cash. In January I sold VTI to take maximum a...
by corn18
Mon Dec 24, 2018 9:22 am
Forum: Local Chapters and Bogleheads Community
Topic: Why I became a Boglehead
Replies: 22
Views: 3065

Re: Why I became a Boglehead

Don't think, Meat, just throw! I was constantly fretting over what to buy, when to buy, when to sell and screwing it all up and then fretting over whether I did the right thing. Found BH and wrote an IPS and now I don't fret anymore. That's why I am a BH. Where being average is lauded. The siren cal...
by corn18
Sun Dec 23, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10061
Views: 1781757

Re: U.S. stocks in free fall

Well, mental accounting is important since it helps to avoid doing something rash based on emotions. Come again? :confused Mental accounting refers to the separation of fungible money into different accounts with different uses. As you later note, emotions can play a big role in this process, so it...
by corn18
Sun Dec 23, 2018 12:03 pm
Forum: Investing - Theory, News & General
Topic: Equities % v. Total Assets at Risk
Replies: 29
Views: 2816

Re: Are you a true believer?

My wife and I have had 2.1M of Lifetime Earnings Adjusted for Inflation*. our Current Networth is 1.5M, of that almost 1M is in Equities. (the other 500k represents housing, cash, bonds, etc) What does that say? *Lifetime Earnings Adjusted for Inflation - Earned income (non investment) throughout o...
by corn18
Sun Dec 23, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Apple watch as Life alert
Replies: 8
Views: 986

Apple watch as Life alert

We are looking at life alert type systems for my MIL and she came up with the idea that maybe an Apple watch 4 would work. It has fall detection that will automatically call 911 and has siri if she wants to tell it to call 911. We would get the GPS + Cellular version for her. Anyone use an Apple wat...