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  1. O

    After I'm Gone

    I agree. Really, what I am saying is that there are much bigger problems to deal with than money.
  2. O

    After I'm Gone

    I do not worry about money. I worry about loneliness after losing a spouse no matter who dies first.
  3. O

    REtiring early at 57 and scared

    That is good. Only fool would not be scared ;) You have to what is good for you. Life is short.
  4. O

    The first million takes the longest to achieve

    OK I just had some fun :) I don't think publishing such things here is a good idea.... people can figure out who you are. Deeds can be easily searched.
  5. O

    The first million takes the longest to achieve

    https://a836-acris.nyc.gov/DS/DocumentSearch/BBL 200 central park south is: Block 01030 Lot 0029 Hmm interesting I don't see same name repeating 7 times in sales from 2014 till 2024. One could go further, but I did not bother.
  6. O

    The first million takes the longest to achieve

    If something seems too good to be true, it probably is not.
  7. O

    International Investing....why?

    I think from 2000 to 2010, S&P was not going anywhere while Mid Caps, Small Caps, and International were making money. I would rather own internationals for diversification than bonds.
  8. O

    International Investing....why?

    Do you know how many people here are piled up into bonds? BND vastly underperformed VXUS over the last 13 years. That makes no sense to me.
  9. O

    International Investing....why?

    +1
  10. O

    So grateful for the ACA

    Now you can at least get that medical insurance. Before if you did not have reasonable health (but not extravagant) with health problems that you could not "hide," you might not even be able to buy medical insurance. You might not have such an appreciation for unobtainable medical insurance.
  11. O

    Reducing stock exposure in Retirement, age 60+

    OK, but the bottom line is that I can just buy (outside of an of an IRA or 401k) something like 80% VTI and 20% VXUS. Collect the dividends over the years, and no, I will not have a big tax bill from it and I will oupreform maybe 95% of "profesional" investors.
  12. O

    Reducing stock exposure in Retirement, age 60+

    As of July 2022 here is the suggested Growth model: FEQIX 28% FBGRX 24% FCNTX 23% FLPSX 13% FMCSX 12% Lined up with managed funds with huge fees and not overly impressive returns.
  13. O

    Reducing stock exposure in Retirement, age 60+

    Those models are not outperforming the S&P 500, and with turnover and taxes associated with turnover + management fees they are actually underperforming it. https://hulbertratings.com/20-year-scoreboard/
  14. O

    Reducing stock exposure in Retirement, age 60+

    And over the last 30 years you made more that 10% a year right? That is you turned 61k into 1M+ while market did only 1M. https://seekingalpha.com/article/4108688-investor-returns-vs-market-returns-failure-endures
  15. O

    Reducing stock exposure in Retirement, age 60+

    :laugh::laugh::laugh::laugh: My friend that is an astronomical turnover rate. I still own ETFs and even individual stocks we bought 30 years ago.
  16. O

    Aggressively Rebalancing Now

    Rebalancing based on "gut feeling about S&P 500 valuation" from 62/38 to 58/42 AA is market timing. Don't be surprised that it usually fails.
  17. O

    Reducing stock exposure in Retirement, age 60+

    So he must own only BRKs. He cannot own anything like QQQ, VTI, SCHD etc etc. :laugh:
  18. O

    Reducing stock exposure in Retirement, age 60+

    I am not aware about qualified dividends being taxed at higher rate than capital gains.
  19. O

    The first million takes the longest to achieve

    My plan is to enjoy life and this stunningly beautiful planet on which we live, and maybe one day drive down something like Route 66 and stop by your ranch for a cup of coffee :laugh:
  20. O

    The first million takes the longest to achieve

    I find interesting that you retired in 2016. So last 5M came after you retired. What is you allocation and withdrawal strategy?
  21. O

    The first million takes the longest to achieve

    Yes I agree with that.
  22. O

    The first million takes the longest to achieve

    In my case we are mortgage free for 20+ years. We payed off house in 5 years and we are still living in it. I don't include anything besides invested assets. No cars, no real estate etc etc. Only invested assets are earning me money. Cars, houses etc are consuming our money :)
  23. O

    The first million takes the longest to achieve

    +1
  24. O

    The first million takes the longest to achieve

    So to you first 1M includes equity in you home. To me it never did.
  25. O

    The first million takes the longest to achieve

    Look if you own and plan to stay in 3M house versus somebody who owns 1M house you better have much bigger nest egg to pay taxes, heat, maintain that house. So to me it was always a liability in FIRE planning.
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