Search found 43 matches

by Wads
Fri Jan 01, 2021 1:57 pm
Forum: ERE Journals
Topic: Wad's Journal
Replies: 33
Views: 6587

Re: Wad's Journal

2020 Update Age: 33 Savings Rate: 52% NW: $662,000 (Increase from $500K on 1/1/20) Portfolio Breakdown (60/30/10) S&P500 - 25% VXUS - 18% VTV - 11% BRK.b - 5% SRG - 2% Gold - 9% Stable Value - 15% Money Market - 15% After many years of waiting on the sideline, I finally had an opportunity to pu...
by Wads
Sat Jan 04, 2020 2:19 pm
Forum: ERE Journals
Topic: Wad's Journal
Replies: 33
Views: 6587

Re: Wad's Journal

I'm not sure I can provide any insights or advice for your cousin. I know a couple of guys who went to those Auto mechanic institutes with the same desire to work at Mercedes/Lexus/BMW. They found that its a very competitive niche and ended up at low-end dealerships with little pay. For my situation...
by Wads
Wed Jan 01, 2020 2:19 pm
Forum: ERE Journals
Topic: Wad's Journal
Replies: 33
Views: 6587

Re: Wad's Journal

2019 Update Saving Rate: 63% NW: $500,060 Portfolio Breakdown I still have 90% of my assets in fixed income and 10% in gold. I've missed out on most of the gains in the S&P the last couple of years but I have no regrets. I'm in no hurry to FIRE and believe I will have a better opportunity in th...
by Wads
Fri Dec 27, 2019 4:45 pm
Forum: ERE Journals
Topic: C40's Journal
Replies: 1104
Views: 309177

Re: C40's Journal

Yes, Im also curious. How has your time been? Is it what you expected? Likes/dislikes? Are you dating locals? Climate and air quality? Is this a place you could see yourself living long term if visas weren't an issue? Sorry for so many questions. I have plans on visiting in a few years as Thailand i...
by Wads
Thu Dec 26, 2019 4:19 pm
Forum: Lifestyle Questions
Topic: Journals that go from high spending to 1 - 2 Jacob level spending
Replies: 39
Views: 5852

Re: Journals that go from high spending to 1 - 2 Jacob level spending

You shouldn't be in the process of lowering your expenses. You should be in the process of finding out what your life is about, and designing accordingly. In other words: Say no to EVERYTHING! Absolutely everything, even ERE, and start adding back on the vital parts of your existence. In time you'l...
by Wads
Wed Sep 11, 2019 2:50 pm
Forum: Money Questions
Topic: Why Index Funds Are Like Subprime CDOs
Replies: 116
Views: 19664

Re: Why Index Funds Are Like Subprime CDOs

Looks like TD Ameritrade offers CFRA reports. I can't tell if I would be able to pull reports for any stock or if they just offer general industry outlook reports. I believe we are talking about the same reports. Purchasing these reports directly from their website is not wise.
by Wads
Wed Sep 11, 2019 10:28 am
Forum: ERE Journals
Topic: C40's Journal
Replies: 1104
Views: 309177

Re: C40's Journal

Congrats C40!

I'm looking forward to your Asia reports. Chaing Mai is a potential FIRE location for myself.
by Wads
Wed Sep 11, 2019 10:16 am
Forum: Money Questions
Topic: Why Index Funds Are Like Subprime CDOs
Replies: 116
Views: 19664

Re: Why Index Funds Are Like Subprime CDOs

DIY fundamental analysis plays no role in the way I invest. I leave that to others ... I just read the CFRA reports instead. Analyzing that one company was helpful in understanding where a given number in the analyst report comes from (e.g. what is a quick ratio) or whether 1.2 is "a lot"...
by Wads
Mon Sep 02, 2019 2:43 am
Forum: Money Questions
Topic: Asset Allocation?
Replies: 11
Views: 2748

Re: Asset Allocation?

Are you getting any yield on the cash? If not consider Money market accounts as they are paying 2% or more right now. I use vanguard's money market to store all cash.
by Wads
Sun Sep 01, 2019 4:26 pm
Forum: Friends & Family Questions
Topic: Time spent with Friends/Family
Replies: 51
Views: 10683

Re: Time spent with Friends/Family

I know if I get into a horribly social situation, like say a baby shower or a restaurant group setting with more than 2 other persons, my brain will start shutting down "external sensors" trying to protect itself from the sensory overload. The side effect of this is that I become irritate...
by Wads
Sun Sep 01, 2019 1:19 pm
Forum: Friends & Family Questions
Topic: Time spent with Friends/Family
Replies: 51
Views: 10683

Time spent with Friends/Family

As an INTJ homebody, I allocate about one day per month for family and meet up with my friends once every couple of months as they are busy starting and raising their families. I have a family that loves and supports me and 6 true friends. The time spent with 5 of my friends is typically a golf outi...
by Wads
Tue Apr 30, 2019 10:04 am
Forum: Resources & Recommended Reading
Topic: The Mystery of the Millionaire Hermit
Replies: 10
Views: 2472

The Mystery of the Millionaire Hermit

https://www.bloomberg.com/news/features ... ire-hermit

A true ERE type saved for years but never set up his will.
by Wads
Sun Jan 13, 2019 6:19 pm
Forum: ERE Journals
Topic: Wad's Journal
Replies: 33
Views: 6587

Re: Wad's Journal

2018 Update Saving Rate: 56% NW: $424,000 SWR: 5.6% Portfolio Breakdown 90% of my assets are in fixed income averaging 2-3%. I've been waiting patiently to get this money into equities and believe an opportunity will finally come in the next 12 or so months. This past year my investing philosophy h...
by Wads
Sat Dec 22, 2018 11:02 am
Forum: Money Questions
Topic: Gold
Replies: 37
Views: 7436

Re: Gold

@CL
It's something that I considered but I will feel better with a safe or safety deposit box. I don't feel comfortable with 10% of NW hiding in plain sight.
by Wads
Fri Dec 21, 2018 2:36 pm
Forum: Money Questions
Topic: Gold
Replies: 37
Views: 7436

Re: Gold

Agree with all of MI post above. Does anyone have a recommendation for a high-quality home safe? I'm looking for a small but heavy safe to store gold. Id prefer one to weigh 250-300 pounds which would stop most people from walking out the door with it and fire proof. I considered a safe deposit box ...
by Wads
Sat Nov 10, 2018 1:05 pm
Forum: Money Questions
Topic: Gold
Replies: 37
Views: 7436

Re: Gold

Im looking to purchase a couple of 10oz bars. I looked into goldmoney.com and found customer reviews concerning. In regards to shipping cost, it seems like most sites are free although I'm not sure about insurance. Anyone used JM Bullion?
by Wads
Sat Nov 10, 2018 12:24 pm
Forum: Money Questions
Topic: Gold
Replies: 37
Views: 7436

Gold

I would like to add gold as part of my portfolio but would rather own physical gold over GLD or IAU. Do any of you have experience purchasing gold bars online and what sites do you suggest?
by Wads
Thu Oct 25, 2018 3:08 pm
Forum: Money Questions
Topic: Portfolio Charts
Replies: 516
Views: 135533

Re: Portfolio Charts

Thank you Tyler, this website is badass! This might just be ERE Porn.

Curious, could you not find enough data for Vanguard Total bond market?
by Wads
Thu Oct 11, 2018 3:02 pm
Forum: Resources & Recommended Reading
Topic: Resources and recommend watching
Replies: 285
Views: 124880

Re: Resources and recommend watching

Dominion 2018 Dominion is a 4k Documentary that uses drones, hidden and handheld cameras to expose the dark underbelly of modern animal agriculture, questioning the morality and validity of humankind’s dominion over the animal kingdom. While mainly focusing on animals used for food, it also explore...
by Wads
Sun Aug 19, 2018 6:40 pm
Forum: Lifestyle Questions
Topic: No cell phone plan (Freedompop + Wifi?)
Replies: 15
Views: 2950

Re: No cell phone plan (Freedompop + Wifi?)

Thanks for the feedback. My number has just been ported and I'm able to make outing calls without issue. I am having some issues getting my phone to ring for incoming calls. My settings from hangout seem limited. I've looked at some youtube videos and it seems that im not able to get the SMS option ...