Search found 292 matches

by The Old Man
Thu Jul 12, 2018 3:23 pm
Forum: Money Questions
Topic: Do you have bonds in your portfolio?
Replies: 43
Views: 1606

Re: Do you have bonds in your portfolio?

http://www.efficientfrontier.com/ef/402/siegel.htm
http://www.efficientfrontier.com/ef/402/2cent.htm

The above links are a discussion by William Bernstein on relative performance over the very long term for stocks and bonds.
by The Old Man
Thu Jul 12, 2018 1:59 pm
Forum: Money Questions
Topic: Do you have bonds in your portfolio?
Replies: 43
Views: 1606

Re: Do you have bonds in your portfolio?

For bonds I use CDs - both bank and brokered. I use them for liability matching purposes. When I was planning my early retirement I built a CD ladder to cover the time between my planned retirement date and the start of my pension. As it turned out since I became redundant my pension started immedia...
by The Old Man
Mon May 14, 2018 6:43 am
Forum: Introduce Yourself
Topic: Alexander Technique teacher, poet, world-creator, disabled person, permie
Replies: 7
Views: 553

Re: Alexander Technique teacher, poet, world-creator, disabled person, permie

@DutchGirl. Its all legal, so fuck off. Have some respect for the disabled.
by The Old Man
Mon Apr 09, 2018 7:46 am
Forum: Work & Education
Topic: Help me find out what makes me unemployable, please.
Replies: 39
Views: 2574

Re: Help me find out what makes me unemployable, please.

What country are you from? Why did you decide to pursue Materials Engineering?
by The Old Man
Tue Mar 27, 2018 3:15 pm
Forum: Lifestyle Questions
Topic: Millenials - we're kind of screwed as a generation. What to do what to do~
Replies: 54
Views: 3394

Re: Millenials - we're kind of screwed as a generation. What to do what to do~

I don't even need the money to survive, I just want to make me usefull. The height of madness is to keep doing the same thing over and over again and failing. Obviously, you need to do something different. If you don't need the money, then why are you looking for a job? Stop looking for a job, star...
by The Old Man
Mon Mar 19, 2018 4:34 am
Forum: Lifestyle Questions
Topic: News - Online vs paper
Replies: 25
Views: 1433

Re: News - Online vs paper

Digital works. I have an electronic subscription to the Economist. Personally, I think the Economist is the only news worth paying for.
by The Old Man
Wed Mar 07, 2018 2:12 am
Forum: Money Questions
Topic: Patreon users
Replies: 7
Views: 933

Re: Patreon users

I use Patreon to support YouTube creators. I think it works well. For those who are using it, has it been the impression that it's helped up? In my experience (my now defunct tip-jar) only a tiny minority of "subscribers" actually contribute anything, so ... I wonder how much of a solution this is? ...
by The Old Man
Sat Mar 03, 2018 12:11 pm
Forum: Miscellaneous
Topic: Wealth, Luck and the Power Law
Replies: 15
Views: 1270

Re: Wealth, Luck and the Power Law

Some people win the lottery and some people don't.
by The Old Man
Thu Mar 01, 2018 4:48 pm
Forum: Money Questions
Topic: Vanguard USA and moving to another country...
Replies: 6
Views: 395

Re: Vanguard USA and moving to another country...

Its also worthwhile to know that Vanguard also caters to non-USA residents.
https://global.vanguard.com
by The Old Man
Thu Mar 01, 2018 11:45 am
Forum: Money Questions
Topic: Vanguard USA and moving to another country...
Replies: 6
Views: 395

Re: Vanguard USA and moving to another country...

Essential Reading: Why US Brokerage Accounts of American Expats are Being Closed (2015) http://ThunFinancial.com/us-brokerage-accounts-american-expats-closed-2015/ American Expats Scramble to Keep U.S. Investment Accounts http://blogs.wsj.com/expat/2015/09/20/american-expats-scramble-to-keep-u-s-inv...
by The Old Man
Sat Feb 24, 2018 2:25 am
Forum: Work & Education
Topic: Should I sign a two year contract with my current employer?
Replies: 18
Views: 930

Re: Should I sign a two year contract with my current employer?

You've received an offer. Now, it is your turn to make a counter offer or refuse. For me, if I planned to stay, I would research the market to identify an appropriate amount for a counter offer. If you think that is 90K then go for it.
by The Old Man
Fri Feb 23, 2018 1:47 am
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 380
Views: 44244

Re: Fox's Journey: Out of the Burrow

The general rule of thumb is that advanced degrees are on someone else's dime. If you have to pay for it, then you are doing something wrong. THF has a degree from Amherst. He should be able to get an entry-level job based on that degree and get his employer to foot the bill for an advanced degree.
by The Old Man
Tue Feb 20, 2018 2:55 am
Forum: Money Questions
Topic: Getting huge returns on your investments by being risk neutral
Replies: 24
Views: 1753

Re: Getting huge returns on your investments by being risk neutral

Bostrom wrote:
Mon Feb 19, 2018 8:04 pm
... at least when bid-ask spreads and transactions costs are ignored. "
Taking these costs into consideration kills many theoretical trading strategies. Proceed with caution.
by The Old Man
Thu Feb 08, 2018 3:20 pm
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 380
Views: 44244

Re: Fox's Journey: Out of the Burrow

I agree that international travel broadens your perspective and may be warranted here. Joining the Peace Corps for a stint would be a productive and worthwhile means to that end. The time in also counts towards a government pension. I also think you should give consideration to a career in diplomacy...
by The Old Man
Thu Feb 08, 2018 9:28 am
Forum: Money Questions
Topic: Anti-Index Fund Literature
Replies: 39
Views: 2490

Re: Anti-Index Fund Literature

http://www.philosophicaleconomics.com The above site is well worth a read. A sampling of articles: (1) The Paradox of Active Management (2) The Value of Active Management: A Journey Into Indexville (3) The Impact of Index Investing: A Follow-Up (4) Index Investing Makes Markets and Economies More E...
by The Old Man
Wed Feb 07, 2018 4:51 am
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 380
Views: 44244

Re: Fox's Journey: Out of the Burrow

Since you are interested in people and ideas, may I suggest a career in diplomacy? You can join the U.S. State Department and become a Foreign Service Officer. Since you have a degree from a prestigious university that would be a plus. Additionally, you are Hispanic so that should be helpful especia...
by The Old Man
Tue Feb 06, 2018 3:12 pm
Forum: ERE Journals
Topic: Journal of the Retired Adventurer
Replies: 45
Views: 9501

Re: Journal of the Retired Adventurer

Dateline: 6 February 2018 – Rodos, Rhodes Island, Greece Winter in Rhodes is great. Temperatures typically in the 50s F. Old Town Rhodes is impressive. Tourism at this time of year is almost zero. My travels through the Balkans have been very easy. Language issues have been very minimal. Good transp...
by The Old Man
Tue Feb 06, 2018 2:15 pm
Forum: Friends & Family Questions
Topic: Expensive dinners and drinks with friends
Replies: 27
Views: 3314

Re: Expensive dinners and drinks with friends

vexed87 wrote:
Sun Feb 04, 2018 8:12 am
...they are usually the same ones who don't tip the waiters.
You are in the UK. I thought tipping was just an American custom. Are we supposed to tip when in the UK? I never do. Am I making a mistake?
by The Old Man
Tue Feb 06, 2018 1:16 pm
Forum: Money Questions
Topic: Help me determine the best way to sell some assets?
Replies: 8
Views: 590

Re: Help me determine the best way to sell some assets?

Long Term Capital Gains rate based on income:
0% $0 - $38,600
15% $38,601 - $425,800

For reasons that others have given you should sell taxable. Sorry, my crystal ball is broken. I am unable to advise as to whether you should sell now or later.
by The Old Man
Sun Feb 04, 2018 12:57 am
Forum: ERE Journals
Topic: Fox's Journey: And Onto the Sunlight!
Replies: 380
Views: 44244

Re: Fox's Journey: Out of the Burrow

Impressive. The Student can show the Master (Jacob) how to do ERE.