Search found 1179 matches

by Wanderingwheelz
Fri May 07, 2021 10:07 am
Forum: Personal Investments
Topic: How much do you trust FIRECalc?
Replies: 17
Views: 2123

Re: How much do you trust FIRECalc?

I trust it knowing I’ve got enough wiggle room to make adjustments come retirement time if need be.

No retirement calculator can see the future. It’s using the past to model the most likely future based on what’s happened already.
by Wanderingwheelz
Fri May 07, 2021 6:26 am
Forum: Personal Consumer Issues
Topic: Did I get shilled on Ebay?
Replies: 49
Views: 7025

Re: Did I get shilled on Ebay?

For those who bid under 10 seconds, have you had any accidents before? Like Ebay insisting you sign out and log in again before being able to place a bid (which means you'll miss the item unless you can do that in 10 seconds!). Or the system not recognizing your bid because you cut it too close to ...
by Wanderingwheelz
Thu May 06, 2021 7:31 am
Forum: Personal Finance (Not Investing)
Topic: What do you wish you knew before you retired you know now!
Replies: 98
Views: 15895

Re: What do you wish you knew before you retired you know now!

Ha! My MIL informed me last month that I could NOT POSSIBLY retire at 60, because it was "too young." Note that she chose to work as an Avon lady until age 83, to "keep herself occupied" and to have "a bit of pocket money" and "to get out of the house." I wil...
by Wanderingwheelz
Wed May 05, 2021 1:43 pm
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 206
Views: 18463

Re: What does "won the game stop playing" mean in practice?

There’s two reasons to keep a budget in my view. 1. You spend too much money. 2. You don’t spend enough. I don't understand the 2nd one. If I had extra, I could see spending more, but I certainly wouldn't feel the need to keep a budget. Your ideas of funding a grandkids education or upgrading a roo...
by Wanderingwheelz
Mon May 03, 2021 8:06 am
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 206
Views: 18463

Re: What does "won the game stop playing" mean in practice?

Guilty. But, if we save a good percentage of our income, what’s the upside of a budget? It might be different for us in that x isn’t out of control; it’s just that I don’t know what the long term x is. As I become more affluent (aren’t we all these days?) I feel like for the first time ever I proba...
by Wanderingwheelz
Mon May 03, 2021 7:03 am
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 206
Views: 18463

Re: What does "won the game stop playing" mean in practice?

And yet I see many long time posters said that they don't need a budget, don't care for, or will never do a budget. What happens to control what you can control? If you don't track your spending, don't be surprised that the x got out of control. Guilty. But, if we save a good percentage of our inco...
by Wanderingwheelz
Sun May 02, 2021 7:36 am
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 206
Views: 18463

Re: What does "won the game stop playing" mean in practice?

And yet I see many long time posters said that they don't need a budget, don't care for, or will never do a budget. What happens to control what you can control? If you don't track your spending, don't be surprised that the x got out of control. Guilty. But, if we save a good percentage of our inco...
by Wanderingwheelz
Wed Apr 21, 2021 8:54 am
Forum: Personal Consumer Issues
Topic: Thought about buying a small motor home, but the market is crazy; Just bought one!!
Replies: 246
Views: 23550

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
Wed Apr 21, 2021 8:33 am
Forum: Personal Investments
Topic: What does "won the game stop playing" mean in practice?
Replies: 206
Views: 18463

Re: What does "won the game stop playing" mean in practice?

Once again, I am amazed at the BH posters who can say that they are 15x, 33x, 25x, etc. Am I the only bozo on the bus who doesn't have a sufficiently clear idea of what x is to decide how many of them I have? I can pretty well guess what our spend will be next year. I have some idea of the year aft...
by Wanderingwheelz
Fri Apr 16, 2021 1:58 pm
Forum: Personal Consumer Issues
Topic: can I get boglehead approval for a 70K truck?
Replies: 97
Views: 5611

Re: can I get boglehead approval for a 70K truck?

I’m checking Bogleheads from the bed in my $130,000 RV that I didn’t ask internet strangers if it was okay if I bought (with cash). If you want something and you have a high enough income/net worth to justify the purchase then go ahead and spend the money. There’s no award for the richest dead guy i...
by Wanderingwheelz
Thu Apr 15, 2021 10:54 am
Forum: Investing - Theory, News & General
Topic: Bonds as ballast and a rising Glide path
Replies: 29
Views: 2133

Re: Bonds as ballast and a rising Glide path

If you hold bonds as ballast for equities then you need to maintain the same AA no matter how much. If you hold bonds in terms of expenses then there will be a point where you have enough. So you are saying you should maintain your AA, so for a 50/50 portfolio... ... that is 25X you have 12.5X in B...
by Wanderingwheelz
Wed Apr 14, 2021 8:08 am
Forum: Investing - Theory, News & General
Topic: What's your definition of "Family Money"?
Replies: 47
Views: 5619

Re: What's your definition of "Family Money"?

When someone has "family money" - what does that mean to a boglehead? Do you consider yourself coming from or having it? I've followed the Boglehead philosophy before I knew there was a name for it and have recently been told I have family money when all along I feel I've simply been stic...
by Wanderingwheelz
Sat Apr 10, 2021 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone contemplating OLY (One Less Year)?
Replies: 52
Views: 4874

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: 2401
Views: 285933

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: 47385

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: 7487

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: 136
Views: 14023

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: 9270

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: 6030

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: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 21654

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: 6972

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: 173
Views: 14106

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: 173
Views: 14106

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: 6972

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: 246
Views: 23550

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: 246
Views: 23550

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: 9578

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: 3769

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: 9578

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: 8589

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: 3930

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: 475
Views: 64095

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: 3930

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: 22625

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: 475
Views: 64095

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: 7837

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: 4115

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: 1321

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: 10447

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: 18367

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: 3033

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: 1123

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: 621

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: 1944

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: 6089

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: 7499

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: 7499

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: 7985

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: 2079

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...