Search found 3354 matches
- Sat Apr 11, 2015 8:12 am
- Forum: Variable Portfolio Discussion
- Topic: 52% have no money in the stock market
- Replies: 10
- Views: 5201
Re: 52% have no money in the stock market
The average American family spends $550 annually on lottery tickets.
- Sat Apr 11, 2015 8:10 am
- Forum: Stocks
- Topic: VT instead of VTI?
- Replies: 12
- Views: 10521
Re: VT instead of VTI?
I prefer 75-25 US-Intl equity split, I inherited that idea from the Schwab Moderate allocation model I had for years, and don't want to step out farther than that. My ex-employer's 2025 target fund was 70-30 FWIW. So for me, 65-35 a bit much.
- Fri Apr 10, 2015 4:44 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
Hmm, I think there's been a miscommunication. I do have a child, and I graduated college a few years ago, so my experience there is both fresh in my mind and something I think about for the future a lot. My point was more or less that I think it's acceptable to make your children pay for their own ...
- Fri Apr 10, 2015 4:15 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
"Room and board" is just housing and food costs, right? Wouldn't a non-student still have those expenses? Don't we all have those costs? I don't see why they're relevant to education. And you can live-off-campus to lower these costs to pretty low levels, too. Outside of somewhere like NYC...
- Fri Apr 10, 2015 3:49 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
You're talking tuition. I'm talking tuition, room, and board. Two different things. Yes, if the student can live at home until college graduation, he / she can realize tremendous savings, no doubt.Pointedstick wrote: I just checked and UNM (University of New Mexico) is about $6.5k a year in-state.
- Fri Apr 10, 2015 2:24 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
It's not about skipping the ivies, it's about finding a good deal. If UoT is $25k a year that doesn't seem like a great deal, but it also in the range where a student can offset a significant fraction of the cost (if not all of it) by working. I think those days are gone, except for part-time stude...
- Fri Apr 10, 2015 1:44 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
Ivy League schools are not worth it; my wife and I both went to Brown; but even in-state schools in Texas are easily $25,000 a year. My entire college education at Brown a generation ago was $39,000. Taking account of inflation $95,000. University of Texas is as expensive now, in real terms, as Brow...
- Fri Apr 10, 2015 12:36 pm
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
Don't have a college fund. Every dollar you put in there is a dollar that the colleges will simply take. The less you have saved, the more financial aid and scholarships your daughters will get, and in any event IMHO any college that's so expensive that you have to save up to afford it is a bad dea...
- Fri Apr 10, 2015 11:20 am
- Forum: Variable Portfolio Discussion
- Topic: 52% have no money in the stock market
- Replies: 10
- Views: 5201
half of Americans don't have a $2000 emergency fund
May 24, 2011
NEW YORK (CNNMoney) -- Half of Americans say they aren't prepared for a minor financial emergency.
http://money.cnn.com/2011/05/24/news/ec ... /index.htm
NEW YORK (CNNMoney) -- Half of Americans say they aren't prepared for a minor financial emergency.
http://money.cnn.com/2011/05/24/news/ec ... /index.htm
- Fri Apr 10, 2015 10:20 am
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
Well said. It is all a personal decision and comfort level. It is unfortunate, for me, that it took nearly 25 years to figure it out! The only saving grace from all this is my wife and I are fiscally conservative. All the other pieces were in place -- house paid off, girl's college funds in gre...
- Fri Apr 10, 2015 9:53 am
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
ochotona: one of the reasons I moved to the PP was the simple act of sitting down with a calculator to figure out the return on my retirement investments over time. These were mostly target retirement funds which were 90% stocks. Since the late 1990s, my investment return was PITIFUL, in fact I'...
- Fri Apr 10, 2015 9:50 am
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
You need different time horizons and portfolios because PP won't grow enough for a young person's purposes, except it's a better place to keep assets that may have to be spent sooner than at retirement. Then in your 50s 60s you drift more towards PP. What balance of assets will grow enough going fo...
- Fri Apr 10, 2015 9:41 am
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
Ochotona, Yes, please tell me what balance of assets will grow! And you should start your own fund if you know the answer... In 2008, in my 40s, two girls at home, I seriously thought it was the end and bailed on everything, near the lows. Of course that was stupid, but I would imagine it was rel...
- Fri Apr 10, 2015 9:01 am
- Forum: Variable Portfolio Discussion
- Topic: Schwab Intelligent Portfolios
- Replies: 3
- Views: 2748
Re: Schwab Intelligent Portfolios
MG, I am not sure how to respond. The Schwab ETFs are not overpriced... just to cite two, SCHB ~ VTI, and SCHO ~ SHY, the expense ratios are 0.04% and 0.08% respectively, those numbers are from Morningside's site, not Schwab's. The portfolio ETFs trade commission free. The accounts have no annual ma...
- Fri Apr 10, 2015 6:37 am
- Forum: Permanent Portfolio Discussion
- Topic: PP ....Where Did It Go
- Replies: 58
- Views: 29786
Re: PP ....Where Did It Go
You need different time horizons and portfolios because PP won't grow enough for a young person's purposes, except it's a better place to keep assets that may have to be spent sooner than at retirement. Then in your 50s 60s you drift more towards PP.
- Thu Apr 09, 2015 10:50 am
- Forum: Variable Portfolio Discussion
- Topic: Schwab Intelligent Portfolios
- Replies: 3
- Views: 2748
Schwab Intelligent Portfolios
Schwab has a free robot advisory service . It asks you basic questions about your preferences, and hands you back a portfolio, and you can go back and change your responses to tweak it. Honestly, the portfolio comes out "hot", but that's typical Schwab. Balanced against my HBPP, our famil...
- Thu Apr 09, 2015 8:38 am
- Forum: Permanent Portfolio Discussion
- Topic: My Latest Research on the PP's Big Fat Flaw aka Achilles' Heel
- Replies: 43
- Views: 22155
Re: My Latest Research on the PP's Big Fat Flaw aka Achilles' Heel
I just think there won't be one fixed gold allocation number which is going to work for all time periods; the periodicity of gold is too long. Yes, for the data we have at our disposal now, 20% gold maybe looks better in hindsight; but who know what the future holds? While I absolutely don't advocat...
- Wed Apr 08, 2015 2:02 pm
- Forum: Gold
- Topic: Another Vault Raid: "Some Safe Deposit Box Owners Uninsured"
- Replies: 14
- Views: 7246
Re: Another Vault Raid: "Some Safe Deposit Box Owners Uninsured"
I got a quote from Hugh Wood Inc. to cover $50,000 in gold coins, premium was $156 / year, 0.31%. Proposed storage location was a bank safe deposit box in Texas USA.
- Tue Apr 07, 2015 8:20 am
- Forum: Permanent Portfolio Discussion
- Topic: 401k Advice Sought
- Replies: 9
- Views: 5779
Re: 401k Advice Sought
401(k) lemonade. Employer 401(k), Self-Directed 401(k) window, independent brokerage accounts... arghhhh. I cannot wait until it's all in one place.
- Mon Apr 06, 2015 10:45 am
- Forum: Stocks
- Topic: Stock scream room
- Replies: 1438
- Views: 662107
Re: Stock scream room
Gary Savage at http://blog.smartmoneytrackerpremium.com thinks the S&P500 could go down 30% by 2016. That's a cheery thought. ::) The red dotted lines he draws actually look kind of realistic and plausible when you consider market history since 1999 to the present. http://i779.photobucket.com/a...
- Mon Apr 06, 2015 8:06 am
- Forum: Other Discussions
- Topic: Poll: Single Most Effective Job Search Method?
- Replies: 11
- Views: 4510
Re: Poll: Single Most Effective Job Search Method?
I have never applied for jobs on LI, I only use it for building my network
- Mon Apr 06, 2015 6:20 am
- Forum: Permanent Portfolio Discussion
- Topic: TAX-LOST HARVESTING: Worth it for the PP??
- Replies: 23
- Views: 12210
Re: TAX-LOST HARVESTING: Worth it for the PP??
Another idea along the SP500 to VTI idea, go from a gold ETF to a mixed metals ETF, just for 31 days.
- Mon Apr 06, 2015 6:01 am
- Forum: Other Discussions
- Topic: Poll: Single Most Effective Job Search Method?
- Replies: 11
- Views: 4510
Re: Poll: Single Most Effective Job Search Method?
i think it depends a lot on the level of job you are looking for, for low end entry level jobs my gut says knocking on doors is still the winner, even if they just send you home to fill an online app it gets you face to face with a manager or HR person.. for mid level and gov jobs i would put my mo...
- Sun Apr 05, 2015 5:02 pm
- Forum: Permanent Portfolio Discussion
- Topic: TAX-LOST HARVESTING: Worth it for the PP??
- Replies: 23
- Views: 12210
Re: TAX-LOST HARVESTING: Worth it for the PP??
The tax wash harvesting rules apply between spouses, to any corporations you control, and you can't sell at a loss in a taxable account and buy within 30 days before or after the sale in a retirement account. IRS Publication 550.
- Sat Apr 04, 2015 6:41 pm
- Forum: Permanent Portfolio Discussion
- Topic: New to PP
- Replies: 21
- Views: 12800
Re: New to PP
Solo 401k, awesome.