Search found 191 matches

by Generation-X
Thu Aug 08, 2019 6:46 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

Many will be looking at FOMC rate changes towards the end of the year. Currently, 10yr - 2 yr treasury stands at 0.16 as of 8/6/19. https://fred.stlouisfed.org/series/T10Y2Y Traders are predicting at least 2-3 rate cuts by the end of January 2020. https://www.cmegroup.com/trading/interest-rates/coun...
by Generation-X
Wed Aug 07, 2019 12:44 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

4 former Fed chiefs issue stark warning: US central bank must be independent https://www.wsj.com/articles/america-needs-an-independent-fed-11565045308 This is interesting not because of the warning but that there was a warning at all. Why the warning all of a sudden? https://www.cnbc.com/2019/08/06/...
by Generation-X
Tue Aug 06, 2019 12:31 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

According to Daniel Bernoulli, "in the absence of the unusual, the utility resulting from any small increase in wealth will be inversely proportionate to the quantity of goods previously possessed." Your uncertainty in the marginal utility of the RV sounds like a delightful problem to have. Congratu...
by Generation-X
Thu Jul 25, 2019 12:42 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

How’s the mobile experiment, Half Kelly? I am preparing to move from an apartment to a room for rent though not real soon. Though if the bottom falls out of the real estate market, then anything is possible. Second thing I've been actively pursuing lately has been in seeking out alternate activitie...
by Generation-X
Thu Jul 25, 2019 12:26 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

The work tying you down vs. not actually wanting to be tied down paradox is tricky. I think the van living experiment is a great half measure compromise for the time being. Have you ever read any of the Living A FI blog? He's got a good post about taking long breaks during your working career and h...
by Generation-X
Sun Jul 21, 2019 1:12 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

Very interesting thread on how people achieved their wealth:

If your net worth is over $3 million, how did you do it?

https://www.bogleheads.org/forum/viewto ... be323f3c03
by Generation-X
Sat Jul 20, 2019 11:18 pm
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

https://i.imgur.com/SOi3zCA.png . https://i.imgur.com/O9hiuHT.png . https://i.imgur.com/efeNaNU.png . . S&P total Return Histogram 1926 - 2017 https://i.imgur.com/s4e0dJK.png . Total No. of years: 92 No. of years with loss: 24 No. of years with gain: 68 No. of years with >10% gain: 54 Percentage of...
by Generation-X
Sat Jun 22, 2019 2:47 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

In life, there is always someone that's well ahead of you.. surprise surprise.

I Lived In My Truck For A Year, Saved $85K
https://www.youtube.com/watch?v=LW6QwgCQmN8

The Homeless Firefighter
https://www.youtube.com/channel/UC-v_Bx ... vpw/videos
by Generation-X
Mon Jun 17, 2019 5:21 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

It's a good question, and something that I've been thinking about for some time now. The retirement budget experiment, to see if retirement income was actually adequate to live on (and it is, though I'd like a bit more comfort than what it currently provides for), re-emphasized my inherent dislike t...
by Generation-X
Tue Jun 11, 2019 8:11 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

Test run - mobile living I've been spending a few days here and there on a test run to check the feasibility of full time mobile living while working. Let's just say at times, it's been miserable but I stuck with it and gathered some valuable insights. 1. Vehicle related - stealth, temperature contr...
by Generation-X
Tue Jun 11, 2019 7:40 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

It was a good run, while it lasted..

"It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently."
by Generation-X
Fri May 31, 2019 2:28 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

...I think this whole trade war thing is Trump creating volatility until we get closer to the election at which he will strike deal in order to play savior and markets will spike... Great observation, Jason. And Trump is also getting very predictable. He is creating yet another headline (tariffs ag...
by Generation-X
Fri May 24, 2019 4:31 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

Status Update 5/23/19 https://i.imgur.com/zViDdUu.png * Net worth around 640k * 1.2 years to the earliest retirement window When is the best time to retire? It would be ideal to retire at a time when the cost of living is low and purchasing power goes farther. The best possible scenario for retireme...
by Generation-X
Thu Apr 11, 2019 2:27 am
Forum: Money Questions
Topic: VBTIX vs Vanguard Target Retirement Income Trust vs “Stable Value Guaranteed Interest Account”
Replies: 11
Views: 1731

Re: VBTIX vs Vanguard Target Retirement Income Trust vs “Stable Value Guaranteed Interest Account”

@classical_Liberal This appears true in California, at the appellate court level, per McMULLEN v. HAYCOCK** (https://caselaw.findlaw.com/ca-court-of-appeal/1083253.html). If you had money in a 401(k), then put it in an IRA, it will have complete protection (from creditors) if you can trace it back t...
by Generation-X
Wed Apr 10, 2019 3:05 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

It's a great question and a bit complex to answer. It's an attempt to simultaneously address multifaceted issues in retirement, including housing, taxes, inflation, a 3-sigma event, entertainment and a purpose. The key is to start small and learn as you go - with lots of preparations. I'm still comb...
by Generation-X
Wed Apr 10, 2019 1:15 am
Forum: Money Questions
Topic: VBTIX vs Vanguard Target Retirement Income Trust vs “Stable Value Guaranteed Interest Account”
Replies: 11
Views: 1731

Re: VBTIX vs Vanguard Target Retirement Income Trust vs “Stable Value Guaranteed Interest Account”

I would also consider the ramifications of moving assets out of an ERISA "qualified retirement plan" which are protected from civil lawsuits. (non-bankruptcy protection) https://www.investopedia.com/articles/personal-finance/040716/which-retirement-funds-are-protected-creditors.asp IRA protection (n...
by Generation-X
Mon Apr 01, 2019 8:58 pm
Forum: ERE Journals
Topic: Star*Bucks ERE Journal
Replies: 207
Views: 47019

Re: Star*Bucks ERE Journal

... I rolled over my IRA twice within a 12 month period which is against tax law/rule. I never knew there was such a rule and I don’t think it should even exist! The banks/brokerages can transfer the IRA’s (MY MONEY) between one another an unlimited amount of times but me trying to be a good stewar...
by Generation-X
Wed Mar 27, 2019 9:17 pm
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

How long will the money last?* *Based on Math of money, by Morton D. Davis pp 89-101 This is a simple model which will allow a quick and dirty ballpark estimate of where things stand given the annual expense, interest rate and the inflation rate. https://i.imgur.com/ELEzx9W.png https://i.imgur.com/N...
by Generation-X
Sun Mar 24, 2019 3:10 am
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

Status Update 3/23/19 * Net worth around 630k * 1.4 years to the earliest retirement window. Overall, things are pretty sedentary and I feel fairly calm about the upcoming retirement possibility in 1.4 years. What's really interesting is that the mother of all recessions could trigger within that ti...
by Generation-X
Thu Mar 21, 2019 9:40 pm
Forum: ERE Journals
Topic: Generation-X' Journal
Replies: 237
Views: 59373

Re: Generation-X' Journal

Thoughts on options Black-Scholes is the most widely recognized options pricing formula. Options pricing is derived by summing up all the payoffs and their likelihood of occurring by the difference between the stock price and the strike price at the time of options expiration, which is then discount...