Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 02-10-2008, 09:57 PM   #21
Dryer sheet wannabe
grfiv's Avatar
 
Join Date: Jan 2008
Posts: 15
Quote:
Originally Posted by haha View Post
Overall, don't you feel that volunteer "helpers" are substandard helpers? Almost every field requires a lot of time and effort just to stay current. Would this be a fun hobby? Basic utility theory tells us that people don't do arduous tasks for no reason. If not money, in what currency is the bill being paid?

Anyone ever consider a volunteer surgeon?

Ha
Medecins Sans Frontiers does come to mind, but I think it's important to point out that I charge for my work as a financial planner
__________________

__________________
grfiv is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-11-2008, 08:15 AM   #22
Full time employment: Posting here.
tightasadrum's Avatar
 
Join Date: Aug 2006
Location: athens
Posts: 802
What about non-US REITS?

You've got pretty much everything else covered in your ETF selection list, but I don't see international REITS.

I've got some RWX for this exposure. Don't know if Vanguard has an equivalent or not.
__________________

__________________
Can't you see yourself in the nursing home saying, " Darn! Wish I'd spent more time at the office instead of wasting time with family and friends."
tightasadrum is offline   Reply With Quote
Old 02-11-2008, 09:21 AM   #23
Dryer sheet wannabe
grfiv's Avatar
 
Join Date: Jan 2008
Posts: 15
Quote:
Originally Posted by tightasadrum View Post
What about non-US REITS?

You've got pretty much everything else covered in your ETF selection list, but I don't see international REITS.

I've got some RWX for this exposure. Don't know if Vanguard has an equivalent or not.

I think non-US real estate is a very appealing concept but I haven't done any research on it. I have personal experience with many non-US equity markets but I am unfamiliar with their real-estate markets.

A quick look at RWX makes me think it's a reasonable option. I would start by finding out who the various indexes follow to understand the nature of the underlying securities, their composition and management; and to see if there is any significant difference between indexes.

Once I had an opinion on which index I preferred, if any, I'd look for an ETF that tracks it. State Street, Barclays and Vanguard are all reputable companies but the tracking histories and distribution records of individual securities are worth considering; as well as expense and turnover, of course.

George Fisher
__________________
grfiv is offline   Reply With Quote
Old 02-15-2008, 02:50 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
I understand why you have 1/2 your money at FIDO, if your online info is correct, you were CIO there for 5 years..........

Anyway, nice to know a Wall Street vet.........share some knowledge with us about things really work.........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 02-15-2008, 03:12 PM   #25
Recycles dryer sheets
bots2019's Avatar
 
Join Date: May 2007
Posts: 128
Interesting article I read recently on international REITs:

BGI's New International REIT ETF Is Heavy On Japan - Seeking Alpha

I found it a bit odd that all three ETFs mentioned are so heavy in Australia, in addition to SE Asia.
__________________
bots2019 is offline   Reply With Quote
Old 02-15-2008, 03:36 PM   #26
Thinks s/he gets paid by the post
 
Join Date: Jan 2008
Posts: 2,020
grfiv, I've enjoyed your site immensely.
__________________
Marquette is offline   Reply With Quote
Old 02-15-2008, 04:32 PM   #27
Recycles dryer sheets
 
Join Date: Sep 2007
Posts: 428
International REIT, I own some AWP (Alpine Dynamic).

mP
__________________
Disappointed is offline   Reply With Quote
Old 02-15-2008, 06:28 PM   #28
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,105
grfiv, welcome. I enjoyed your links very much - thank you for posting them.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is online now   Reply With Quote
Old 02-16-2008, 06:41 AM   #29
Dryer sheet wannabe
grfiv's Avatar
 
Join Date: Jan 2008
Posts: 15
Quote:
Originally Posted by FinanceDude View Post
I understand why you have 1/2 your money at FIDO, if your online info is correct, you were CIO there for 5 years..........

Anyway, nice to know a Wall Street vet.........share some knowledge with us about things really work.........
I did work at Fidelity and while I did I was required to keep all my non-retirement, non-mutual-fund assets with them (as is true of most financial firms).

But the reason I use and recommend them now is because I believe them to be very good. Cost-basis accounting is a particularly strong point which is weak at most other brokerages; and not sufficiently appreciated by most investors.
__________________
grfiv is offline   Reply With Quote
Insurance
Old 02-16-2008, 07:12 AM   #30
Dryer sheet wannabe
grfiv's Avatar
 
Join Date: Jan 2008
Posts: 15
Insurance

I've put up another article, Insurance.

While not bearing directly on Early Retirement, it is an important aspect of the planning process that leads to Early Retirement ... and most people are inappropriately insured: too much of some and too little of other, often resulting in inadvertent risk taking.

"Pure" insurance (term life, home owner's, etc.) is not particularly exciting and people tend to ignore it but it provides indispensable risk management.

Insurance-based "products" are often as sold as investments and should be analyzed as such.

Social Security and Medicare are important components of retirement, post age 62.
__________________
grfiv is offline   Reply With Quote
Old 02-16-2008, 07:34 AM   #31
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 8,619
George,

Very nice set of work presented in all your links. Thanks for posting here.
__________________
LOL! is offline   Reply With Quote
Old 02-16-2008, 10:01 AM   #32
Thinks s/he gets paid by the post
retire@40's Avatar
 
Join Date: Feb 2004
Posts: 2,670
These are great articles. I make a motion to put them on FAQ here.
__________________
No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
retire@40 is offline   Reply With Quote
Old 02-16-2008, 01:02 PM   #33
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,105
Quote:
Originally Posted by retire@40 View Post
These are great articles. I make a motion to put them on FAQ here.

I second that idea. I've bookmarked them for personal use but think they are good reading material for visitors and users of this forum.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is online now   Reply With Quote
Old 02-19-2008, 01:13 AM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
clifp's Avatar
 
Join Date: Oct 2006
Posts: 7,450
I think the difference in reception between grfiv website and Millionaire Mom Next Door's website is remarkable.

We must all be a bunch of male chauvinist pigs.
__________________
clifp is offline   Reply With Quote
Old 02-19-2008, 08:39 AM   #35
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by clifp View Post
I think the difference in reception between grfiv website and Millionaire Mom Next Door's website is remarkable.

We must all be a bunch of male chauvinist pigs.
I don't see grfiv putting in a bunch of links to get ad revenue and brag on his career.........just helpful info. I am sure grfiv made many appearances on CNBC and others, which to me is much more substantive than being on Montel..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 02-19-2008, 08:43 AM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
travelover's Avatar
 
Join Date: Mar 2007
Posts: 9,889
The wait continues for the coming of the true MillionaireDaddy............
__________________
Yes, I have achieved work / life balance.
travelover is offline   Reply With Quote
Old 02-19-2008, 08:45 AM   #37
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,107
Until we get a financial guru posting here who has appeared on Jerry Springer, I'm not going to be impressed...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 02-19-2008, 09:52 AM   #38
Dryer sheet aficionado
 
Join Date: Feb 2008
Posts: 29
So... I clicked through to some of George's articles and eventually found my way here:

Capital Needs Analysis spreadsheet

This is a capital needs calculator that helps you figure (in a purely deterministic way) how much money you'll need to safely retire given a set of assumption about various factors. In playing with the calculator, something struck me as odd and I was hoping you guys could help.

If I assume that I have, say, 60 years remaining in my life, and I run the calculator for 30 years until retirement/30 years after retirement,
20/40, or 10/50 but I hold all other variables the same, then... The projected nest egg that I need *decreases* with earlier retirement/long post-retirement.

Sure, you need to save more per month to get there given the shorter timeframe, but still... This seems wrong to me. Shouldn't you need *more* money to retire sooner?

Is the calculator wrong? Or am I missing something?
__________________
nickel is offline   Reply With Quote
Old 02-19-2008, 08:04 PM   #39
Dryer sheet wannabe
grfiv's Avatar
 
Join Date: Jan 2008
Posts: 15
Quote:
Originally Posted by nickel View Post
So... I clicked through to some of George's articles and eventually found my way here:

Capital Needs Analysis spreadsheet

This is a capital needs calculator that helps you figure (in a purely deterministic way) how much money you'll need to safely retire given a set of assumption about various factors. In playing with the calculator, something struck me as odd and I was hoping you guys could help.

If I assume that I have, say, 60 years remaining in my life, and I run the calculator for 30 years until retirement/30 years after retirement,
20/40, or 10/50 but I hold all other variables the same, then... The projected nest egg that I need *decreases* with earlier retirement/long post-retirement.

Sure, you need to save more per month to get there given the shorter timeframe, but still... This seems wrong to me. Shouldn't you need *more* money to retire sooner?

Is the calculator wrong? Or am I missing something?
The answer is a bit longer than can easily fit here; please have a look here: Capital Needs Analysis Spreadsheet Explanation and see if it answers your question.

Thanks,
George Fisher
__________________
grfiv is offline   Reply With Quote
Old 02-19-2008, 08:26 PM   #40
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,385
Quote:
Originally Posted by nickel View Post
So... I clicked through to some of George's articles and eventually found my way here:

Capital Needs Analysis spreadsheet

This is a capital needs calculator that helps you figure (in a purely deterministic way) how much money you'll need to safely retire given a set of assumption about various factors. In playing with the calculator, something struck me as odd and I was hoping you guys could help.

If I assume that I have, say, 60 years remaining in my life, and I run the calculator for 30 years until retirement/30 years after retirement,
20/40, or 10/50 but I hold all other variables the same, then... The projected nest egg that I need *decreases* with earlier retirement/long post-retirement.

Sure, you need to save more per month to get there given the shorter timeframe, but still... This seems wrong to me. Shouldn't you need *more* money to retire sooner?

Is the calculator wrong? Or am I missing something?
Since we know that a determinsitic scenario is also an unrealistic one, why not try these different scenarios, just as they are presented, in FireCalc?

Ha
__________________

__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Wall Street West Non sequitur Other topics 4 10-11-2006 01:11 PM
Big real estate investor getting out of US Olav23 FIRE and Money 6 10-25-2005 09:41 PM
Real Scoop on Wall Street otako Other topics 2 07-13-2004 08:49 PM
The Truth on Wall-Street? otako Young Dreamers 2 07-13-2004 08:47 PM
Wall Street Journal-how to get it freeeeee. mickeyd Other topics 5 07-13-2004 06:36 PM

 

 
All times are GMT -6. The time now is 04:27 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.