Join Early Retirement Today
Closed Thread
 
Thread Tools Search this Thread Display Modes
Old 01-28-2008, 03:44 PM   #81
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 twaddle View Post
Puhleease. She's stated her assumptions, and people are arguing that their assumptions are better than her assumptions.
I'll agree that since the Internet became available to all, Google and other web searches can make anyone an expert...........

Quote:
They are all assumptions. As long as you state them up front, people can take them or leave them at face value.
As is the case with ANY poster here.........

Quote:
I sincerely doubt that the "experts" here know any better than she does about the "correct" forward return rate, the "correct" allocation to stocks, or the "correct" number of mutual funds to provide diversification.
Well, if the Nobel Prize gurus could blow up LTCM, then I don't feel so bad.............
__________________

__________________
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  
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 01-28-2008, 03:50 PM   #82
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
dex's Avatar
 
Join Date: Oct 2003
Posts: 5,105
Someone please let the fat lady sing, ring the bell or bring Hitler into the conversation.
Please!!!!!!!!!!!!
__________________

__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
dex is offline  
Old 01-28-2008, 03:51 PM   #83
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 13,251
Quote:
Originally Posted by TickTock View Post
I think the Kaderli's are 100% equities again; not completely sure. They were 100% before the 2000-2002 market slump.
don't know who or what Kaderli's is... but I will look it up...

OK... I see, someone on the board... does not fit what I was saying... she is 100%, so there are people who do it.. and what I said was someone who does portfolio analysis... a slight difference maybe
__________________
Texas Proud is offline  
Old 01-28-2008, 03:51 PM   #84
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Quote:
Originally Posted by dex View Post
Someone please let the fat lady sing, ring the bell or bring Hitler into the conversation.
Please!!!!!!!!!!!!
Aw, c'mon, this threadjack is just getting started. She needs to learn about that, too.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline  
Old 01-28-2008, 03:52 PM   #85
Thinks s/he gets paid by the post
 
Join Date: Jan 2008
Posts: 2,020
Quote:
Originally Posted by dex View Post
Someone please let the fat lady sing, ring the bell or bring Hitler into the conversation.
Please!!!!!!!!!!!!
Hitler used an 11% projected ROI.

I don't know if that's enough for Goodwin or not.
__________________
Marquette is offline  
Old 01-28-2008, 03:53 PM   #86
Thinks s/he gets paid by the post
Milton's Avatar
 
Join Date: Apr 2007
Posts: 2,060
Quote:
Originally Posted by SecondCor521 View Post
I'm not sure what qualifies for "real training in portfolio analysis".

My retirement funds are 100% equities.
Ditto.
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
Milton is offline  
Old 01-28-2008, 03:53 PM   #87
Recycles dryer sheets
 
Join Date: Oct 2007
Posts: 463
Quote:
Originally Posted by Texas Proud View Post
don't know who or what Kaderli's is... but I will look it up...
Billy and Akaisha Kaderli. They post here.

Their website is Retire Early Lifestyle

They sell a book!
__________________
TickTock Rule Of Finance - heavily discount any promises of money/benefits to be paid to you in the future

"I've traded love for pennies, sold my soul for less" -Jim Croce, Age
TickTock is offline  
Old 01-28-2008, 03:55 PM   #88
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Quote:
Originally Posted by Marquette View Post
Hitler used an 11% projected ROI.

I don't know if that's enough for Goodwin or not.
No deal. You specifically cannot use Godwin's to intentionally end a discussion.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline  
Old 01-28-2008, 03:55 PM   #89
Dryer sheet aficionado
 
Join Date: Jan 2008
Posts: 45
I've got my work (pun intended) cut out for me here, don't I, with 80 posts to respond to no less! Bear with me, please, as I tackle one at a time (and continuing as long as I can sit still in front of this keyboard...). And I'll try to stop the disturbing visions of us all gathered 'round the forum in our underwear. (How did you know what I was wearing??)

Quote:
Originally Posted by Nords View Post
Isn't it possible for some areas of the country to have homes appreciate faster than rental inflation? In other words, a 63-year-old might have the value of their $300K real estate rise faster than the value of their investment portfolio, especially if rents are rising rapidly.
Yes, as we all have heard, real estate market conditions vary greatly from location to location. The blog post you are referencing was MY reply to ONE reader's question about what I thought would work better for ME in MY hometown. YMMV, of course. (Note: I don't provide advice on my blog-- I share my personal story and my personal opinions.)

We've also heard that over the long haul, home appreciation rates tend to average only slightly more (<1%) over the long-term rate of inflation. (I do have a link to this data somewhere on my blog.) As we all know here, past performance is not a guarantee of future returns, but as they say, history does tend to repeat itself.

Quote:
Many "senior citizen" homeowners are exempt from or pay reduced property taxes. As far as the rest of the numbers, while I don't disagree with anecdotal evidence, I'd be interested in a study. Got any links?
Again, everyone should enter their OWN assumptions. Mine are based on where I live, my investment style, my preferences and values, my outlook towards the future, my evaluation of past history, etc. YMMV.

If you haven't already, I'd encourage you to try out the rent vs buy calculator at Financial Calculators from Dinkytown.net. Make sure you take into consideration an annual allowance for maintenance, repairs, remodeling projects, HOA, etc (personally, I budget 1.5% of the value of the home in the HOA field to cover all of these). Some other work-arounds I've tried are to enter your current home equity amount in the down payment field and your current home value in the price field.

Quote:
Then there's the issues of reverse mortgages or downsizing.
Yes, but reverse mortgages come with a price, of course. Downsizing was what we picked and it has worked out well for us.

Quote:
I think that many people, investors or otherwise, will feel more secure in a home they own (reverse mortgaged or not) than in a home subject to the vagaries of landlords, rising rents, and décor restrictions. There's a strong emotional component to ER decisions that has to be recognized, or an "investor" will flee at the first sign of discomfort.
Very true. This is a good example of the personal part of personal-finance. One sees the hassles of renting, while the other sees the hassles of owning. We prefer renting, for a wide variety of reasons right now. I'd be happy to share them later, if you'd like.

Quote:
If you're suggesting diversification then perhaps that 10% return is a bit high. What's your recommended portfolio asset allocation and where is the returns data coming from? The reason we're asking questions like this is because, on this board particularly, that issue is subject to a lot of data mining. Even after resolving that issue there's a significant sentiment that future S&P500 returns will be more along the lines of 6-7% before taxes... which would make a diversified portfolio's returns even lower.
I addressed my specific portfolio holdings in my intro thread on this forum. I also shared my strategy on my blog (and an outdated portfolio reveal).

Re: S&P returns - I invest globally, not just in the US. It's also my personal preference to use long-term historical data as a reference than attempting to predict the future. My crystal ball doesn't seem to work, dang it!

Quote:
Uhm, yeah, I think you could say that for most of the experienced posters on this board. We'll raise our hands if we think things are going too fast...
Not sure how I deserved this sarcasm, but let me clarify that I know that everyone on this forum is brilliant. No question about it. Perhaps you misinterpreted my request for REWahoo's feedback to make sure I understood his/her question first b4 continuing on. I was sleepy. It was ME that was slow, not you or anyone else here.
__________________
MillionaireMommyNextDoor is offline  
Old 01-28-2008, 04:07 PM   #90
Thinks s/he gets paid by the post
SecondCor521's Avatar
 
Join Date: Jun 2006
Location: Boise
Posts: 2,398
Quote:
Originally Posted by TickTock View Post
Billy and Akaisha Kaderli. They post here.

Their website is Retire Early Lifestyle

They sell a book!
And they come across as some of the nicest people I've ever "met" on the internet...

2Cor521
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
SecondCor521 is offline  
Old 01-28-2008, 04:11 PM   #91
Recycles dryer sheets
 
Join Date: Oct 2007
Posts: 463
Agreed.
__________________
TickTock Rule Of Finance - heavily discount any promises of money/benefits to be paid to you in the future

"I've traded love for pennies, sold my soul for less" -Jim Croce, Age
TickTock is offline  
Old 01-28-2008, 04:13 PM   #92
gone traveling
 
Join Date: May 2006
Posts: 1,036
Quote:
Originally Posted by SecondCor521 View Post
And they come across as some of the nicest people I've ever "met" on the internet...

2Cor521
I'd have to totally agree with that statement and I proudly claim that I don't think less of them for it!
__________________
honobob is offline  
Old 01-28-2008, 04:19 PM   #93
Dryer sheet aficionado
 
Join Date: Jan 2008
Posts: 46
MMND, as someone who sold last year (non-financial reasons) and am new to renting, I agree with your agrument that renting is cheaper and more convenient in "most" areas. Yes, isolated cases can be made. But look at Rubloff.com and you will see homes for sale as well as rent. In Chicago, rent is a winner every time.

As for the attacks on you, they got pretty personal but you just need to search on some of those posters names and see that they have not singled you out for special treatment.

One has even suggested on another thread, that posters he wants to ignore should be publicly shamed by placing data about them in public view. Of course, all in the name of "helping" them reform. Hmmm, is that getting close to Goodwin's Law.

Some feel a strong need for control.

Welcome to a very nice place with people like FinanceDude, jIMOh, ERD50, HFWR, twaddle, and maybe even sgeee (most attacked poster ever.)
__________________
Puppy Belly is offline  
Old 01-28-2008, 04:41 PM   #94
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Quote:
Originally Posted by Notmuchlonger View Post
What huh you all bother wearing underwear while posting. Pffft
Remind me not to sit in your office chair...
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline  
Old 01-28-2008, 04:42 PM   #95
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Quote:
Originally Posted by Puppy Belly View Post
One has even suggested on another thread, that posters he wants to ignore should be publicly shamed by placing data about them in public view. Of course, all in the name of "helping" them reform.
Did I miss something?? :confused:
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline  
Old 01-28-2008, 04:44 PM   #96
Thinks s/he gets paid by the post
 
Join Date: Dec 2007
Posts: 4,764
Quote:
Originally Posted by HFWR View Post
Remind me not to sit in your office chair...

Its clean.... I think :confused:
__________________
Notmuchlonger is offline  
Old 01-28-2008, 04:46 PM   #97
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,823
Quote:
Originally Posted by brewer12345 View Post
Did I miss something?? :confused:
Apparently I did, too. :confused: It must have been one of those political threads that I don't read.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline  
Old 01-28-2008, 04:48 PM   #98
gone traveling
 
Join Date: May 2006
Posts: 1,036
Quote:
Originally Posted by brewer12345 View Post
Did I miss something?? :confused:
See how your ignore list comes back to bite you in your rear?

Oh, somebody, pass it on.
__________________
honobob is offline  
Old 01-28-2008, 04:50 PM   #99
Thinks s/he gets paid by the post
twaddle's Avatar
 
Join Date: Jun 2006
Posts: 1,378
Quote:
Originally Posted by brewer12345 View Post
Did I miss something?? :confused:
Eh, it's just that wild-and-crazy Nords trying to cleanse the world of unpure thoughts.

Still yet another vBulletin feature suggestion: "Ignore Poster" summary

Personally, I think he can do it.
__________________
twaddle is offline  
While 10% is high
Old 01-28-2008, 04:53 PM   #100
Recycles dryer sheets
aenlighten's Avatar
 
Join Date: Apr 2007
Posts: 275
While 10% is high

the real problem is that it applies to the accumulation, not decumulation, phase.

While we revert to the historical 4% SWR, does anyone have a means of computing a SWR given an expected portfolio return and distribution? Not sure this is really possible without other assumptions such as (lack of) sequential correlation, but anything others have done on the subject would be interesting.
__________________

__________________
aenlighten is offline  
Closed Thread


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
Millionaire Mommy Next Door MillionaireMommyNextDoor Hi, I am... 210 01-30-2008 09:21 AM
What Does Being a Millionaire Really Mean? ScottFromUtah FIRE and Money 77 09-21-2007 11:13 AM
I want the Pink one, Mommy!! REWahoo Other topics 2 09-26-2006 07:03 PM
Hi. Mommy of 5 here for the first time... Batyaboo Hi, I am... 5 09-04-2006 06:21 AM
How to become a millionaire$$$ mickeyd Other topics 12 06-05-2006 12:11 PM

 

 
All times are GMT -6. The time now is 03:58 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.