Search found 1574 matches

by halfnine
Mon Aug 02, 2021 7:34 am
Forum: Investing - Theory, News & General
Topic: Investing in Precious Metals
Replies: 8
Views: 753

Re: Investing in Precious Metals

Do we think Gold is a good investment in the current times? If we examine the history of Gold prices, the current macroeconomic environment pointing to higher inflation and late economic cycle suggests buying into precious metals as a store of wealth would be a good idea here. Curiously, Gold has n...
by halfnine
Sun Aug 01, 2021 2:52 am
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

Marmot wrote: Sat Jul 31, 2021 11:41 pm 20 coins ...just because. And....just because I call them "my precious" ,doesn't mean there is anything wrong with me.
Well, it could mean you have a natural survival instinct and should make it until near the end of the book. So there's that.
by halfnine
Sat Jul 31, 2021 4:19 pm
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

This isn't exactly an open discussion forum. This is forum that revolves around Bogleish type ideals and drifting too far away from those ideals isn't much tolerated. Alternative investment threads often end up locked (typically because they are hijacked by Boglehead diehards). Then what about Mr. ...
by halfnine
Sat Jul 31, 2021 4:03 pm
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

In terms of the ability to migrate...yes, 45 years is a long time ago. Even twenty years ago was a long time ago. Twenty years ago I could migrate to most any country. Today that number is greatly reduced. I know because over the last 20 years I've lived all over the place (and picked up a citizens...
by halfnine
Sat Jul 31, 2021 3:41 pm
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

...No, it's not. Confirmation bias is one of the most dangerous errors in inquiry one can make, and not just with regard to investing. Worthy of comment, even more than once. This is a discussion forum.... This isn't exactly an open discussion forum. This is forum that revolves around Bogleish type...
by halfnine
Sat Jul 31, 2021 2:34 pm
Forum: Forum Issues and Administration
Topic: Searching for Lost Contributors
Replies: 124
Views: 17054

Re: Searching for Lost Contributors

Marseille07 wrote: Sat Jul 31, 2021 2:26 pm
bog007 wrote: Sat Jul 31, 2021 2:39 am willthrill where are ye
Yeah, it's kind of crazy to be honest. It's been almost 2 months since they last logged in.

Also, for some reason I thought their first letter was capitalized, like Willthrill81. But I might be misremembering.
Summer holidays. Wait until school starts.
by halfnine
Sat Jul 31, 2021 1:08 am
Forum: Personal Finance (Not Investing)
Topic: How much financial support do you plan on giving to your kids after high school?
Replies: 177
Views: 13659

Re: How much financial support do you plan on giving to your kids after high school?

From a semantic (pedantic?) standpoint other than helping offset some college related expenses we don't plan on necessarily "giving" our kids anything financially. We aren't so interested in making their lives easier as preventing it from being unbearably hard and are more inclined to use ...
by halfnine
Sat Jul 31, 2021 12:13 am
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

It can’t happen here or if it does you’ll leave in time or it’s not survivable so no need to prepare. That’s essentially your argument and 99% of the time you’re right. That is not my argument at all. My argument is that if you wait until all you have left is gold you waited too long. Holding onto ...
by halfnine
Fri Jul 30, 2021 4:41 pm
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

I remember my immediate post college days when gold was $800 an ounce. Now it's $1800 an ounce. Unfortunately, my immediate post college days were 50 years ago. In 1970 the average closing price of the S&P500 was 83.15, yesterday it closed at 4419.15 you do the math. Gold is what you make jewel...
by halfnine
Fri Jul 30, 2021 4:35 pm
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

2. Gold to protect against hyperinflation or "Mad Max" scenarios. Gold won't be of too much value during these crises. Once word gets out that you have gold seven armed guys are going to knock down your door at 3 AM and are going to start cutting off little Johnny's fingers until you hand...
by halfnine
Fri Jul 30, 2021 8:55 am
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

I remember my immediate post college days when gold was $800 an ounce. Now it's $1800 an ounce. Unfortunately, my immediate post college days were 50 years ago. In 1970 the average closing price of the S&P500 was 83.15, yesterday it closed at 4419.15 you do the math. Gold is what you make jewel...
by halfnine
Fri Jul 30, 2021 8:46 am
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

I remember my immediate post college days when gold was $800 an ounce. Now it's $1800 an ounce. Unfortunately, my immediate post college days were 50 years ago. In 1970 the average closing price of the S&P500 was 83.15, yesterday it closed at 4419.15 you do the math. Gold is what you make jewel...
by halfnine
Fri Jul 30, 2021 5:36 am
Forum: Investing - Theory, News & General
Topic: How much Gold do you own and why?
Replies: 248
Views: 18368

Re: How much Gold do you own and why?

I have an allocation to gold. The reason I hold gold is that historically across countries when held along with more traditional assets gold has done a good job of mitigating left tail SWRs. This, of course, has generally come at the expense of the right tail and also tended to shift the median a li...
by halfnine
Thu Jul 29, 2021 3:37 pm
Forum: Non-US Investing
Topic: Best countries for early retiree US expat?
Replies: 13
Views: 1559

Re: Best countries for early retiree US expat?

...The problem is that many of the very inexpensive countries that people talk about moving to are not all that inexpensive if you don't want to live like a local... No, that isn't the problem. For the same monthly cost of living in an inexpensive place in the USA in many places one can live near t...
by halfnine
Sun Jul 25, 2021 1:16 pm
Forum: Investing - Theory, News & General
Topic: Best inflation hedge besides gold, real estate, stocks, and crypto
Replies: 131
Views: 11440

Re: Best inflation hedge besides gold, real estate, stocks, and crypto

You have hit all the main ones. Bullets, Whiskey, and other similar type commodities besides gold. I mean in say Argentina Venezuela people reportedly buy cars to store wealth in really high inflation areas. I am not doing any of those. You cant even buy ammo now probably lol. If there is anything ...
by halfnine
Sun Jul 25, 2021 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Have you ever taken a huge salary cut to live somewhere you wanted to be?
Replies: 35
Views: 4555

Re: Have you ever taken a huge salary cut to live somewhere you wanted to be?

We've lived all over the place. Combined salary has always been quite variable, but life is too short to worry about it. But, there are probably quite a few savings both in time and money for you. If you value an EU citizenship this path is probably significantly cheaper in time and money to achieve...
by halfnine
Sun Jul 25, 2021 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Ways to build wealth. How to?
Replies: 33
Views: 3906

Re: Ways to build wealth. How to?

Get impregnated by a wealthy man (dependent on country laws)
Provide a service to wealthy people who value their time more than their money.
by halfnine
Fri Jul 23, 2021 3:26 pm
Forum: Investing - Theory, News & General
Topic: Best inflation hedge besides gold, real estate, stocks, and crypto
Replies: 131
Views: 11440

Re: Best inflation hedge besides gold, real estate, stocks, and crypto

...I mean in say Argentina Venezuela people reportedly buy cars to store wealth in really high inflation areas.. I don't believe people are buying multiple cars. They are just as likely to see them stolen. Now, if they could trade up to a more expensive car and get it on a fixed loan they would lik...
by halfnine
Fri Jul 23, 2021 3:10 pm
Forum: Investing - Theory, News & General
Topic: Best inflation hedge besides gold, real estate, stocks, and crypto
Replies: 131
Views: 11440

Re: Best inflation hedge besides gold, real estate, stocks, and crypto

You have hit all the main ones. Bullets, Whiskey, and other similar type commodities besides gold. I mean in say Argentina Venezuela people reportedly buy cars to store wealth in really high inflation areas. I am not doing any of those. You cant even buy ammo now probably lol. If there is anything ...
by halfnine
Fri Jul 23, 2021 3:00 pm
Forum: Investing - Theory, News & General
Topic: How do you factor Rental Asset in Asset Allocation
Replies: 67
Views: 5002

Re: How do you factor Rental Asset in Asset Allocation

This is a good one for the BH forum. I am surprised most people aren't saying to SELL the real estate and put it in the BH portfolio. I absolutely look at the equity available in each rental but discount it realistically for costs to sell. Whatever I would net or be able to 1031 into another proper...
by halfnine
Fri Jul 23, 2021 2:53 pm
Forum: Investing - Theory, News & General
Topic: How do you factor Rental Asset in Asset Allocation
Replies: 67
Views: 5002

Re: How do you factor Rental Asset in Asset Allocation

But the question is not about owning real estate. The question is about how to allocate capital across stocks, bonds, and real estate, and that question does not seem to be addressable in the straightforward way that the question how to allocate capital across stocks and bonds in the absence of rea...
by halfnine
Thu Jul 22, 2021 1:05 am
Forum: Investing - Theory, News & General
Topic: How do you factor Rental Asset in Asset Allocation
Replies: 67
Views: 5002

Re: How do you factor Rental Asset in Asset Allocation

To me AA is a misnomer. It should have really been called portfolio allocation. Similarly currency risk should have been called currency diversification. And FIRE should have just been FIFU. But now I digress. Anyway back to why it should be included into an asset allocation. To diversify risk. Tha...
by halfnine
Wed Jul 21, 2021 2:06 pm
Forum: Investing - Theory, News & General
Topic: How do you factor Rental Asset in Asset Allocation
Replies: 67
Views: 5002

Re: How do you factor Rental Asset in Asset Allocation

Home equity of RE (rental or primary residence) is part of NW but not part of AA. It doesn't make sense to count RE in AA as stocks or fixed income. It may not be a stock or fixed income, but it makes sense to include it in one's asset allocation as its own asset class. Why? Are you going to rebala...
by halfnine
Wed Jul 21, 2021 1:41 pm
Forum: Personal Consumer Issues
Topic: Lego light kits
Replies: 7
Views: 852

Re: Lego light kits

You might ask at Eurobricks.com in the relevant forum(s). No shortage of lego knowledge there.
by halfnine
Tue Jul 20, 2021 11:42 pm
Forum: Investing - Theory, News & General
Topic: Best inflation hedge besides gold, real estate, stocks, and crypto
Replies: 131
Views: 11440

Re: Best inflation hedge besides gold, real estate, stocks, and crypto

Nothing beats inflation like stocks. Except maybe real estate. 30-year mortgage @ 2 to 3% nominal. Bring on the 3% inflation so the rate becomes 0 to -1% real. You are missing that a home also pays a dividend in terms of imputed rent. Owning a home is also a direct hedge against rental inflation as...
by halfnine
Tue Jul 20, 2021 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What % of NW Should Be Wrapped Up in Your House?
Replies: 114
Views: 10406

Re: What % of NW Should Be Wrapped Up in Your House?

My first investment was a house. My Son’s first investment was a house. This is what us simple people do. Numbers: Medium household income. Let’s take out some for taxes and FICA and say $50,000 take home. Good kids, saving 20% of take home, driving used cars and watching their spending. Got marrie...
by halfnine
Tue Jul 20, 2021 7:27 am
Forum: Personal Finance (Not Investing)
Topic: What % of NW Should Be Wrapped Up in Your House?
Replies: 114
Views: 10406

Re: What % of NW Should Be Wrapped Up in Your House?

...Mostly that with few exceptions the best you can hope for from home price appreciation is tracking inflation (somewhere in the 2-3% range), where the same money invested in the market has averaged 7-10%... Due to leverage with a 20% downpayment the initial return of a home would not be 2-3% it w...
by halfnine
Tue Jul 20, 2021 4:14 am
Forum: Personal Finance (Not Investing)
Topic: What % of NW Should Be Wrapped Up in Your House?
Replies: 114
Views: 10406

Re: What % of NW Should Be Wrapped Up in Your House?

My first investment was a house. My Son’s first investment was a house. This is what us simple people do. Numbers: Medium household income. Let’s take out some for taxes and FICA and say $50,000 take home. Good kids, saving 20% of take home, driving used cars and watching their spending. Got marrie...
by halfnine
Tue Jul 20, 2021 3:49 am
Forum: Personal Finance (Not Investing)
Topic: What % of NW Should Be Wrapped Up in Your House?
Replies: 114
Views: 10406

Re: What % of NW Should Be Wrapped Up in Your House?

...Mostly that with few exceptions the best you can hope for from home price appreciation is tracking inflation (somewhere in the 2-3% range), where the same money invested in the market has averaged 7-10%... Due to leverage with a 20% downpayment the initial return of a home would not be 2-3% it w...
by halfnine
Mon Jul 19, 2021 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: What % of NW Should Be Wrapped Up in Your House?
Replies: 114
Views: 10406

Re: What % of NW Should Be Wrapped Up in Your House?

To diversify risk across asset classes (property/stocks/bonds) I would not want the initial equity in the home (20% down payment) to be more than 40% of my net worth. You have just prevented about 90% of families under age 30 from owning a home. One does not need to own a home to be happy or to be ...
by halfnine
Mon Jul 19, 2021 10:48 am
Forum: Personal Finance (Not Investing)
Topic: What % of NW Should Be Wrapped Up in Your House?
Replies: 114
Views: 10406

Re: What % of NW Should Be Wrapped Up in Your House?

To diversify risk across asset classes (property/stocks/bonds) I would not want the initial equity in the home (20% down payment) to be more than 40% of my net worth. You have just prevented about 90% of families under age 30 from owning a home. One does not need to own a home to be happy or to be ...
by halfnine
Mon Jul 19, 2021 5:41 am
Forum: Personal Consumer Issues
Topic: Zizzo Urbano Folding Bike
Replies: 10
Views: 874

Re: Zizzo Urbano Folding Bike

Which folding bicycle you purchase comes down to your priorities on folding size, folding ease, folding arrangement (i.e. greasy parts on inside), carry-ability (a function of dimensions, weight and carrying position), riding performance, and standardized parts. So, the first question is why do you ...
by halfnine
Mon Jul 19, 2021 5:14 am
Forum: Personal Finance (Not Investing)
Topic: What % of NW Should Be Wrapped Up in Your House?
Replies: 114
Views: 10406

Re: What % of NW Should Be Wrapped Up in Your House?

The reason percent of NW has some validity is because if a recession hits and you lose your job you might not have enough liquidity to survive the downturn. So it shouldn't be completely discounted. Is there some magic percentage for everyone? Probably not. I've already indicated I would not want th...
by halfnine
Sun Jul 18, 2021 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Kids Summer Job - Employer incompetent & taking advantage
Replies: 67
Views: 6570

Re: Kids Summer Job - Employer incompetent & taking advantage

Time to teach your kids about the history of unions and worker exploitation. It's not particularly shocking that an industry that has taken advantage of workers for as long as I can remember wouldn't be on the level. No wonder there are articles about workers that left this industry not returning. ...
by halfnine
Sun Jul 18, 2021 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Kids Summer Job - Employer incompetent & taking advantage
Replies: 67
Views: 6570

Re: Kids Summer Job - Employer incompetent & taking advantage

Time to teach your kids about the history of unions and worker exploitation. It's not particularly shocking that an industry that has taken advantage of workers for as long as I can remember wouldn't be on the level. No wonder there are articles about workers that left this industry not returning. ...
by halfnine
Sun Jul 18, 2021 4:16 am
Forum: Personal Investments
Topic: Why does everyone recommend maxing out retirement 1st
Replies: 59
Views: 7331

Re: Why does everyone recommend maxing out retirement 1st

...Just be aware that owning a home is not universally better than renting. It's more of a life style choice. I recently ran the numbers. If I had stayed a renter instead of buying my house in 2005, my net worth would be 20% more than it is now... Whether owning or renting is better can only be kno...
by halfnine
Sun Jul 18, 2021 12:50 am
Forum: Personal Investments
Topic: Why does everyone recommend maxing out retirement 1st
Replies: 59
Views: 7331

Re: Why does everyone recommend maxing out retirement 1st

It’s mostly about taxes and matching. Suppose you had an extra $100 you could invest or spend. If you opt to spend it, it will come out if your paycheck and get taxed before you see it. So from the $100, you lose your income tax,your SS tax, etc. So you might take home only $70. If instead, you inv...
by halfnine
Sat Jul 17, 2021 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: What to do if robbed overseas?
Replies: 53
Views: 4132

Re: What to do if robbed overseas?

I do many of the things indicated above. I do one additional thing, though, and that is memorize the details of a credit card that I do not bring. That way if I am mugged of absolutely everything I can still spend money particularly if it is done online.
by halfnine
Sat Jul 17, 2021 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: What % of NW Should Be Wrapped Up in Your House?
Replies: 114
Views: 10406

Re: What % of NW Should Be Wrapped Up in Your House?

To diversify risk across asset classes (property/stocks/bonds) I would not want the initial equity in the home (20% down payment) to be more than 40% of my net worth.
by halfnine
Thu Jul 15, 2021 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Working after Financial Independence
Replies: 273
Views: 20714

Re: Working after Financial Independence

I guess I am quasi-retired, quasi-FI so not sure how much it matters or how much it counts. But if the spouse still works or the kids are still minor doing some mentally challenging part time work is fine by me. Otherwise can't really go anywhere for very long anyway.
by halfnine
Thu Jul 15, 2021 4:51 am
Forum: Personal Consumer Issues
Topic: Planning a long backpacking trip w/ 2 nights in Vegas, recommendations? (Zion Nat'l Park, Yosemite, Grand Canyon)
Replies: 73
Views: 6600

Re: Planning a long backpacking trip with a night or two in Vegas, recommendations?

....and have no problems with heat and altitude....[/img] As someone who has spent a good chunk of my life in the backcountry and has been involved with SAR, I can tell you that many people have no problems with heat and altitude....until they do. It's dangerous to assume one is immune or that prev...
by halfnine
Mon Jul 12, 2021 1:33 am
Forum: Personal Consumer Issues
Topic: Fun: long trips and/or round the world travel
Replies: 26
Views: 3265

Re: Fun: long trips and/or round the world travel

Where did you go? Fly into one side of a continent, utilize whatever land transport the locals tend to use, and then fly out the other side of the continent many months later. If round the world, what was your route? RTW is probably not worthwhile if you are looking at max of 3 to 4 months. It is a...
by halfnine
Sat Jul 10, 2021 11:33 am
Forum: Personal Consumer Issues
Topic: Buying a new house vs. homeschool in current house
Replies: 34
Views: 3343

Re: Buying a new house vs. homeschool in current house

Our children are in elementary school. Based on our family's characteristics and the area in which we live we found the challenge of providing additional academics beyond what was provided in the schools to be less of a challenge than providing the requisite socializing for our children while being ...
by halfnine
Sat Jul 10, 2021 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Buying home while working towards FI
Replies: 39
Views: 3345

Re: Buying home while working towards FI

abhi764 wrote: Fri Jul 09, 2021 12:50 pm ...At present, portfolio is about $1M.
- Currently renting, wish to buy a home. Typical home prices are ~$750k in the area...
At your NW vs local housing prices you have enough of a NW to diversify your assets into home ownership.
by halfnine
Fri Jul 09, 2021 9:48 am
Forum: Non-US Investing
Topic: Likely expat, what to do with Vanguard? [update] [Moving from US to Canada]
Replies: 59
Views: 4348

Re: Likely expat, what to do with Vanguard?

Generally speaking, you won't have trouble as an expat if you: 1) have a US address on file with your brokerage (e.g. a virtual mailbox address) 2) connect to your accounts with a VPN (using an IP address based in the US) 3) don't actively inform your brokerage that you are living outside the US PM...
by halfnine
Thu Jul 08, 2021 2:33 pm
Forum: Forum Issues and Administration
Topic: Searching for Lost Contributors
Replies: 124
Views: 17054

Re: Searching for Lost Contributors

Marseille07 wrote: Wed Jul 07, 2021 8:16 pm Has anyone seen Willthrill81 lately? A huge loss if they left for good...
Summer Holidays. Rving. Spending time with family. That's my guess.
by halfnine
Thu Jul 08, 2021 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Estate tax education and avoidance
Replies: 64
Views: 4965

Re: Estate tax education and avoidance

Is this serious advice or just a joke? I hope it's a joke because this is awful advice. Only a super wealthy single person with only one child would even consider this and even then, I'm not sure it's a good idea (probably worse ideas for that person, but probably not the best). This would be stand...
by halfnine
Wed Jul 07, 2021 11:31 am
Forum: Personal Investments
Topic: 32 Years Old - Portfolio/Plan Review for Taking Time Off / Career Downshift
Replies: 70
Views: 4796

Re: 32 Years Old - Taking Time Off / Career Downshift

People overestimate the downside risks of leaving the corporate world. It is a reversible decision. The rat race will always be there. Your kids will not. They'll grow up and move out. I think it's a wonderful idea to spend more time with them while they are young and to move closer to their grandp...
by halfnine
Wed Jul 07, 2021 4:23 am
Forum: Personal Finance (Not Investing)
Topic: How do you ban someone from paying your tuition?
Replies: 65
Views: 5449

Re: How do you ban someone from paying your tuition?

pasadena wrote: Wed Jul 07, 2021 4:09 am In the absence of more information, I'm gonna go ahead and think your uncle made the right decision...
In the absence of more information, I am going to disagree. The correct decision for the Uncle was not to pay the son or the tuition.
by halfnine
Wed Jul 07, 2021 12:55 am
Forum: Personal Consumer Issues
Topic: Would I appreciate a proper road bike?
Replies: 49
Views: 3182

Re: Would I appreciate a proper road bike?

Funny, I have had a road and mountain bike for many years, and I sometimes think I should get a comfortable hybrid for my many fitness rides with wife and friends. Most of them ride hybrids, and if I take my road bike, they can't keep up, if I take my mountain bike then I have to really push myself...