Search found 1167 matches

by Wanderingwheelz
Sat Apr 10, 2021 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone contemplating OLY (One Less Year)?
Replies: 52
Views: 4610

Re: Anyone contemplating OLY (One Less Year)?

I quit last year.

Go for it.
by Wanderingwheelz
Sat Apr 10, 2021 8:27 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 2277
Views: 270790

Re: Post your Financial Milestone Announcements Here

Here's an odd financial milestone for us: In the past 12 months our portfolio value increased by more than 10 times my highest ever salary. Index fund investing works. Here’s another odd one. I quit working last year. If I’d continued working, this months gain in my Vanguard accounts so far through...
by Wanderingwheelz
Fri Apr 09, 2021 10:36 pm
Forum: Investing - Theory, News & General
Topic: who here is tempted to pullback on stocks?
Replies: 238
Views: 46986

Re: who here is tempted to pullback on stocks?

It may be a 'backward approach' but it's certainly not an unreasonable approach and may be appropriate depending on one's personal situation. It's the approach I plan on taking. Once my portfolio has 10-15 years of expenses in fixed income, I plan on letting equities drift. Like Broken Man 1999, it...
by Wanderingwheelz
Thu Apr 08, 2021 9:56 am
Forum: Personal Investments
Topic: How to lose the desire of outperforming the market?
Replies: 112
Views: 7005

Re: How to lose the desire of outperforming the market?

Grow your portfolio so large that you no longer need to outperform the market. That may seem trite, but I’m serious. That’s what ultimately did it for me. You’ve got to work and work to the point where you’ve contributed so much money to your nest egg that along with the help from the market that yo...
by Wanderingwheelz
Thu Apr 08, 2021 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else see drastic increase in Zillow value today?
Replies: 132
Views: 12655

Re: Anyone else see drastic increase in Zillow value today?

When I first saw this post the other day and looked I didn’t see a change, But today I was curious so I went back to look and I saw it’s up sharply- 11.1%.
by Wanderingwheelz
Thu Apr 08, 2021 5:18 am
Forum: Personal Finance (Not Investing)
Topic: Disappointed in Missing a Long Term Financial Goal
Replies: 61
Views: 9174

Re: Disappointed in Missing a Long Term Financial Goal

Bogleheads, I'm excited to announce that I recently hit the "millionaire" :moneybag milestone in investable portfolio! With ~$200k home equity, that brings NW to just over $1.2M. Did it before 40, which was a long term goal! :sharebeer :sharebeer Congratulations! The first million really ...
by Wanderingwheelz
Wed Apr 07, 2021 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Job Satisfaction vs Maximizing Income
Replies: 87
Views: 5844

Re: Job Satisfaction vs Maximizing Income

rockstar wrote: Tue Apr 06, 2021 9:03 pm No matter what job you choose, you'll eventually end up bored. It's just a matter of how long that takes.
I completely agree. The perverse way careers tend to work is the faster you’re bored with them the more money you’re earning because your mastered your craft too quickly.
by Wanderingwheelz
Wed Apr 07, 2021 9:32 am
Forum: Investing - Theory, News & General
Topic: How much do you spend annually in retirement?
Replies: 112
Views: 10430

Re: How much do you spend annually in retirement?

Most of us can have a pretty lavish retirement with $70,000-$120,000 depending on what part of the country we live in as long as we are debt free.
by Wanderingwheelz
Tue Apr 06, 2021 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Too early to retire?
Replies: 53
Views: 6844

Re: Too early to retire?

It seems every “can I retire” thread I’ve seen has someone getting a pension or company paid health benefits. That certainly won't be true for me. I'll probably have a 13 gap between retirement and Medicare. As of now, I would personally lean toward a health share ministry. I don't know if that one...
by Wanderingwheelz
Mon Apr 05, 2021 9:47 pm
Forum: Investing - Theory, News & General
Topic: In what condition, will international significantly overperform US?
Replies: 170
Views: 12521

Re: In what condition, will international significantly overperform US?

Pardon me if someone already asked this, but isn’t the reason to invest in international exactly because you do not know the conditions it may or many not significantly outperform the US? That’s why I do. Nobody knows nothin’. Well, that's not why I do it. I don't invest in international on the bas...
by Wanderingwheelz
Mon Apr 05, 2021 8:26 pm
Forum: Investing - Theory, News & General
Topic: In what condition, will international significantly overperform US?
Replies: 170
Views: 12521

Re: In what condition, will international significantly overperform US?

Pardon me if someone already asked this, but isn’t the reason to invest in international exactly because you do not know the conditions it may or many not significantly outperform the US?

That’s why I do. Nobody knows nothin’.
by Wanderingwheelz
Mon Apr 05, 2021 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Too early to retire?
Replies: 53
Views: 6844

Re: Too early to retire?

I know there’s a lot of comparisons that are made on a site like this, but my wife and I are a bit younger than you with a portfolio about equal in size. Also a home that is valued about the same that is paid for. Our kid is finished college though, so that’s perhaps a big difference since she’s got...
by Wanderingwheelz
Mon Apr 05, 2021 6:32 am
Forum: Personal Consumer Issues
Topic: Thought about buying a small motor home, but the market is crazy; Just bought one!!
Replies: 242
Views: 22443

Re: Thought about buying a small motor home, but the market is crazy; Just bought one!!

One big improvement that can be made is to add Sumo Springs to aid in the handling characteristics which can pretty easily be done DIY in your driveway as long as you’re reasonably handy and don’t mind getting your hands dirty. Hopefully Will sees this comment and considers this mod since it’s well...
by Wanderingwheelz
Sun Apr 04, 2021 8:31 pm
Forum: Personal Consumer Issues
Topic: Thought about buying a small motor home, but the market is crazy; Just bought one!!
Replies: 242
Views: 22443

Re: Thought about buying a small motor home, but the market is crazy; Just bought one!!

OP, Yes I understand the allure of the RV crowd. Cocooning oneself with family. But the downside is that these vehicles own you as much as you own them. I can’t see why one would carry 4000+ lbs of vehicle and equipment. The size of the vehicle will limit not expand your opinions. No savings over a...
by Wanderingwheelz
Fri Apr 02, 2021 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Do you trust the current value of your portfolio?
Replies: 130
Views: 9179

Re: Do you trust the current value of your portfolio?

It’s purely psychological, but once your retirement portfolio grows so large that you’re able to retire (whether you actually do is another story), I find it helpful to force myself to pay attention to the growth in the shares as well as the growth in the dollar amount. Dividends just paid. Most of ...
by Wanderingwheelz
Thu Apr 01, 2021 8:59 pm
Forum: US Chapters
Topic: Congratulation HomerJ!!! [on your pending retirement]
Replies: 22
Views: 3502

Re: Congratulation HomerJ!!! [on your pending retirement]

Is there a Boglehead past 50 that’s worried about getting fired?

I think many are secretly wishing for it. :sharebeer
by Wanderingwheelz
Thu Apr 01, 2021 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Do you trust the current value of your portfolio?
Replies: 130
Views: 9179

Re: Do you trust the current value of your portfolio?

There is no reason to risk what you have and need for what you don’t have and don’t need.

Now is a great time to make sure your asset allocation is appropriate. Like watchnerd said earlier in the thread, there’s a misconception that reducing your risk is market timing.
by Wanderingwheelz
Sun Mar 28, 2021 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5 mil house with 5 mil net worth, too much?
Replies: 74
Views: 8473

Re: 2.5 mil house with 5 mil net worth, too much?

Beware of lifestyle creep. Before you know it you’re in your 50’s and must keep working for the man hell or high water to keep the salary income to pay the bills. Trust me all the bills for the new home will be larger; utilities, property tax, insurance etc. It’s you money or your life (time workin...
by Wanderingwheelz
Thu Mar 25, 2021 12:17 pm
Forum: Personal Investments
Topic: Advice on not stressing closer to retirement
Replies: 62
Views: 3779

Re: Advice on not stressing closer to retirement

If the fluctuations in one's portfolio value are still stressing someone, then they haven't been looking at their portfolio value often enough especially on every really bad day. 20 to 30 years of habituation will numb and sedate away all that stress. I lost more than a million dollars [at one poin...
by Wanderingwheelz
Thu Mar 25, 2021 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 418
Views: 50756

Re: Tales from this insane real estate market

We once bought a house in this type of market and it didn't appreciate at all for 10 years. The value actually fell for several years during that decade. I would sit out the market and rent for a year or two. I really appreciate this advice. That is the exact situation I was concerned about. In hin...
by Wanderingwheelz
Thu Mar 25, 2021 8:11 am
Forum: Personal Investments
Topic: Advice on not stressing closer to retirement
Replies: 62
Views: 3779

Re: Advice on not stressing closer to retirement

I’m comfortable with my current 63/37 allocation ..... Still, I can’t help looking and getting stressed over it. These are not consistent statements. I think I can relate to what the OP is trying to convey. It’s easier than you think to be comfortable with your allocation but to still get stressed ...
by Wanderingwheelz
Wed Mar 24, 2021 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: What is an average retirement a/c worth in America ?
Replies: 228
Views: 22376

Re: What is an average retirement a/c worth in America ?

My favorite posts are the ones asking if they can retire on 3 million dollars . Ok, so I was one of those posters. Struggled with it a long time, eventually pulled the trigger. Now a few years later at age 55, we're up close to $4.5 million . So far so good, but we still worry ... I think I have a ...
by Wanderingwheelz
Wed Mar 24, 2021 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 418
Views: 50756

Re: Tales from this insane real estate market

Problem is, your buying power hasnt changed no matter how much your home goes up. ONly way it matters is if you downsize or leave the area. I’m not in NOVA but I’ve been incredibly tempted to list our house for 25-50% more than it’s worth to see if someone bites, buy a used RV, and come back in 2 y...
by Wanderingwheelz
Mon Mar 22, 2021 9:34 pm
Forum: Personal Investments
Topic: Huge Windfall + Vanguard PAS, Here's What They Allocated For Me
Replies: 68
Views: 7694

Re: Huge Windfall + Vanguard PAS, Here's What They Allocated For Me

FIREGuy88 wrote: Mon Mar 22, 2021 8:52 pm
Escapevelocity wrote: Mon Mar 22, 2021 8:43 pm I would put a minimum 25% in bonds.
At age 35?
Bonds don’t care how old you are.
by Wanderingwheelz
Mon Mar 22, 2021 4:30 pm
Forum: Investing - Theory, News & General
Topic: Michael Burry Hyper-Inflation Warning
Replies: 35
Views: 3870

Re: Michael Burry Hyper-Inflation Warning

JoMoney wrote: Mon Mar 22, 2021 3:34 pm Interestingly, Michael Burry had been making a lot of noise and ominous warnings on Twitter , but it appears he's deleted all of his previous tweets and gone silent.
Apparently he was visited by the SEC. Or something like that.
by Wanderingwheelz
Mon Mar 22, 2021 8:55 am
Forum: Personal Investments
Topic: Bonds in retirement
Replies: 16
Views: 1297

Re: Bonds in retirement

Bond funds not fairing too well lately and it appears the future is not bright. We are recently retired and have 50% of portfolio in bond split amongst total index bond, high yield index bonds, and short term index bonds. Does that appear to be a good allocation? I am also retired and own only as m...
by Wanderingwheelz
Mon Mar 22, 2021 8:18 am
Forum: Personal Finance (Not Investing)
Topic: How to Deal with Worry of job loss and providing for family?
Replies: 127
Views: 10282

Re: How to Deal with Worry of job loss and providing for family?

Yes! I’ll 4th or 5th the “worst case” that’s been mentioned here. Be realistic about your situation.

Almost all worry is wasted on things that will never happen. It’s important to remind yourself of that.
by Wanderingwheelz
Sun Mar 21, 2021 8:17 pm
Forum: Investing - Theory, News & General
Topic: Why can't we have another 20 years of bull market?
Replies: 224
Views: 17964

Re: Why can't we have another 20 years of bull market?

lostdog wrote: Sun Mar 21, 2021 6:23 pm It's true. Most people have no interest in the stock market.

We're a minority.
How nice would that be?
by Wanderingwheelz
Sat Mar 20, 2021 9:11 am
Forum: Personal Investments
Topic: How to think about total net worth when 90% of it is in a private business
Replies: 31
Views: 2967

Re: How to think about total net worth when 90% of it is in a private business

My wife and I don’t count business equity towards our net worth, not do we couldn’t the value of our home either.

It’s nowhere near 90% of our net worth, but I’m not sure how much that matters since it’s not money that’s invested in public markets, regardless.
by Wanderingwheelz
Thu Mar 18, 2021 4:11 pm
Forum: Investing - Theory, News & General
Topic: Is reallocating some of Total Stock Index into Total Value Index a bad idea?
Replies: 11
Views: 1107

Re: Is reallocating some of Total Stock Index into Total Value Index a bad idea?

I am a 3 fund portfolio investor. I also realize that the value stocks are part of the Total Stock Market Index anyway. However, I can't help to wonder if a little extra " value twist" might be a good idea at the present time. Probably insignificant in the long run. Lol I think those thou...
by Wanderingwheelz
Thu Mar 18, 2021 4:01 pm
Forum: Investing - Theory, News & General
Topic: Deeper and Longer Bear Markets - Until What Age?
Replies: 5
Views: 616

Re: Deeper and Longer Bear Markets - Until What Age?

Bear markets don’t really matter when you’re working, as long as you’re investing properly, but ideally you want them to happen when you’re at your peak earnings, I think. Unfortunately, the brutal way capitalism works many people lose their job or become very uncertain about their job right when st...
by Wanderingwheelz
Thu Mar 18, 2021 8:47 am
Forum: Personal Consumer Issues
Topic: Mattress for Side Sleepers
Replies: 20
Views: 1906

Re: Mattress for Side Sleepers

We are finally deciding to replace our old (2003) latex mattress. I've been doing some online research and have been reading some good things about DreamCloud, Winkbed, Purple, Casper, Sleep Number, etc. Many have 100-night to 1-year free trials, but do any have actual stores to see them in person?...
by Wanderingwheelz
Wed Mar 17, 2021 9:34 pm
Forum: Personal Consumer Issues
Topic: Selling rare/expensive beanie babies
Replies: 56
Views: 5979

Re: Selling rare/expensive beanie babies

Local buyer paying through cash after on site evaluation is best, failing which I think Ebay or Etsy might be it. I'm not sure if the market for fraud for beanie babies is high. Sometimes it depends on the item. I've never experienced fraud myself on Ebay but I sell relatively infrequently. She sho...
by Wanderingwheelz
Wed Mar 17, 2021 3:15 pm
Forum: Personal Consumer Issues
Topic: What did you successfully downshift to?
Replies: 65
Views: 7420

Re: What did you successfully downshift to?

You’d be amazed how easy it is to buy things and then sell them for more than what you paid for them. I don’t mean as a retailer, either. I “flipped” a bicycle two weeks ago for a $1200 profit, a tent for a $250 profit yesterday and this sort of thing happens through the year. When you see somethin...
by Wanderingwheelz
Wed Mar 17, 2021 9:01 am
Forum: Personal Consumer Issues
Topic: What did you successfully downshift to?
Replies: 65
Views: 7420

Re: What did you successfully downshift to?

You’d be amazed how easy it is to buy things and then sell them for more than what you paid for them. I don’t mean as a retailer, either. I “flipped” a bicycle two weeks ago for a $1200 profit, a tent for a $250 profit yesterday and this sort of thing happens through the year. When you see something...
by Wanderingwheelz
Wed Mar 17, 2021 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Retire in early 40s?
Replies: 53
Views: 7878

Re: Retire in early 40s?

If you retired tomorrow I think I’d consider toning down the all-equities portfolio to something a bit more balanced. I’d consider doing it anyway, perhaps in increments leading up to 2026. I think you can retire tomorrow, though. Moving overseas would go a long way to sealing the deal if you sought...
by Wanderingwheelz
Wed Mar 17, 2021 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Struggling with the Idea of RE at 39 [Retire Early]
Replies: 19
Views: 2053

Re: Struggling with the Idea of RE at 39

To me the problem is having a career that is all-encompassing. It leads to black and white thinking. “Either it keep doing this, or I retire at 39.” The solution may lie in gaining some work/life balance so that your mind won’t be in an all or nothing mode that tends to get stuck after so many years...
by Wanderingwheelz
Tue Mar 16, 2021 8:08 pm
Forum: Personal Investments
Topic: How much do you weigh your homes value in your retirement portfolio?
Replies: 106
Views: 8334

Re: How much do you weigh your homes value in your retirement portfolio?

We don’t count it, but I do like knowing it’s going up in value.
by Wanderingwheelz
Tue Mar 16, 2021 6:14 pm
Forum: Personal Investments
Topic: We sold our business. Help us invest the windfall
Replies: 63
Views: 8487

Re: We sold our business. Help us invest the windfall

I’d invest the money in my children’s educations first.
by Wanderingwheelz
Mon Mar 15, 2021 8:54 pm
Forum: Personal Investments
Topic: Invest in market or hold cash?
Replies: 22
Views: 2744

Re: Invest in market or hold cash?

I’ve convinced myself that valuations on international stocks are not as offensive as US so that’s where my new purchases have been going lately. Invest we must.
by Wanderingwheelz
Mon Mar 15, 2021 7:38 pm
Forum: Personal Investments
Topic: Portfolio and investment plan review
Replies: 15
Views: 1053

Re: Portfolio and investment plan review

What is your bear market strategy?
by Wanderingwheelz
Mon Mar 15, 2021 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Is 7K mortgage a month too much for 13K (combined) post tax monthly income?
Replies: 101
Views: 8847

Re: Is 7K mortgage a month too much for 13K (combined) post tax monthly income?

Remember you’re not just buying a house, you’re building a lifestyle. So once you acquire the house, everything else you do has to be commensurate. Hope you’re prepared. Huh? I have a $1.9M house and drive a $20k Honda sedan. My neighbors have shinier toys, but really, it’s all a drop in the bucket...
by Wanderingwheelz
Mon Mar 15, 2021 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Is 7K mortgage a month too much for 13K (combined) post tax monthly income?
Replies: 101
Views: 8847

Re: Is 7K mortgage a month too much for 13K (combined) post tax monthly income?

Remember you’re not just buying a house, you’re building a lifestyle. So once you acquire the house, everything else you do has to be commensurate. Hope you’re prepared. Huh? I have a $1.9M house and drive a $20k Honda sedan. My neighbors have shinier toys, but really, it’s all a drop in the bucket...
by Wanderingwheelz
Mon Mar 15, 2021 2:50 pm
Forum: Investing - Theory, News & General
Topic: Does it feel bubbly to you?
Replies: 214
Views: 15660

Re: Does it feel bubbly to you?

I think you're right that this is the conventional view. And Wall Street knows it, too. So there will be a last rush to bring crazy products to market to milk that last bit of profit out of the euphoric and greedy . And right on cue, we have the new FOMO fund: https://www.bogleheads.org/forum/viewt...
by Wanderingwheelz
Mon Mar 15, 2021 1:52 pm
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20015

Re: Hitting your numbers. How to estimate when you have enough.

What if you’ve hit a number you always figured was more that sufficient, but you are still youngish and don’t hate your job? Going full on conservative seems a bit silly at my age (44) and my job is decent (a grind at times but overall a good gig). I am not sure what to do, just keep plugging away ...
by Wanderingwheelz
Mon Mar 15, 2021 9:21 am
Forum: Investing - Theory, News & General
Topic: Does it feel bubbly to you?
Replies: 214
Views: 15660

Re: Does it feel bubbly to you?

lucha wrote: Sun Mar 14, 2021 11:47 pm
Wannaretireearly wrote: Sun Mar 14, 2021 11:37 pm Times like this Klangfool's guidance to have 2/3X in cash is a good rule of thumb, imo.
Does that mean 2/3 of holdings in cash? or 2-3 years expenses in cash?
Expenses.
by Wanderingwheelz
Mon Mar 15, 2021 8:50 am
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 149
Views: 9598

Re: What are your travel plans in 2021 and beyond?

I agree with this. The key is to not go to Yellowstone, Yosemite, Glacier, or the other popular parks that everyone always visits. Google “least visited national parks” and you’ll find some real gems. This was my strategy in the fall, and the place we chose was pretty empty. Doing the same this yea...
by Wanderingwheelz
Sun Mar 14, 2021 9:30 pm
Forum: Personal Investments
Topic: So ... Can Someone Talk Me Out of a (Possibly) Bad Rebalancing Plan?
Replies: 20
Views: 2278

Re: So ... Can Someone Talk Me Out of a (Possibly) Bad Rebalancing Plan?

I’m here only to help drill it in to your head further.

I think it’s a bad idea to pay the tax.
by Wanderingwheelz
Sun Mar 14, 2021 7:57 pm
Forum: Investing - Theory, News & General
Topic: How to invest new large sum in current frothy market
Replies: 51
Views: 5020

Re: How to invest new large sum in current frothy market

Now seems like a good time to go in with half and DCA the second half over 12 to 18 months. That way you won’t be all right or all wrong at a time where being all wrong could be pretty painful.