Search found 32 matches

by Adamski
Tue Jul 21, 2020 10:58 am
Forum: Money Questions
Topic: You need way less than the 4% rule
Replies: 19
Views: 3879

Re: You need way less than the 4% rule

I think an ultra conservative swr can leave people in their jobs too long. I've only been stock investing the last 2 years (other than that into retirement/pension funds). However my stock investments have a weighted average return over the past 5 years of 11.7%. Admittedly past returns are not a gu...
by Adamski
Tue Jul 21, 2020 10:44 am
Forum: Money Questions
Topic: You need way less than the 4% rule
Replies: 19
Views: 3879

Re: You need way less than the 4% rule

@steveo73 - nice to discuss with someone in a very similar position here. I agree everyone should use the data and tailor it to their own situation and risk appetite. I read somewhere that one aspect sometimes ignored is adjusting your "4%" as you go along. So in a bear market you pull back spending...
by Adamski
Fri Jul 03, 2020 6:45 am
Forum: Lifestyle Questions
Topic: What are other people's reactions to your living frugally?
Replies: 58
Views: 8751

Re: What are other people's reactions to your living frugally?

It is all relative. I have a taste for £3 coffees, which to many here would say is wasteful. But we live frugally compared to our net worth, and our neighbours. Nobody says anything to my/our face. I think they probably think we're eccentric for having local holidays and small cars. Maybe they think...
by Adamski
Mon Jun 29, 2020 2:54 am
Forum: Money Questions
Topic: Mind the Gap
Replies: 11
Views: 1136

Re: Mind the Gap

@jacob, thanks for US system perspective and taking time to reply. Love the chart of levels of personal finance. I'm level 5 MMM on the chart. My spending is not truly ERE and to be honest don't want to take it too frugal. Except to those i know on levels 1 and 2 I'm probably seen as extreme or craz...
by Adamski
Thu Jun 25, 2020 4:39 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 2307
Views: 460849

Re: Investments Trade Log

Added gold ETF to my portfolio this week. Concerned too much froth in the market, and gold doing so well this year, want to get back in.
by Adamski
Thu Jun 25, 2020 4:36 am
Forum: Money Questions
Topic: Mind the Gap
Replies: 11
Views: 1136

Re: Mind the Gap

@slsdly - thanks for the Canadian perspective. I think many FIRE people do not plan to bridge the gap either. But this means you should extra funds in late retirement. @Dream of Freedom - think the Roth IRA has similarities to the UK Investment ISA, but as different tax regimes not directly comparab...
by Adamski
Wed Jun 24, 2020 9:37 am
Forum: Money Questions
Topic: Mind the Gap
Replies: 11
Views: 1136

Mind the Gap

"Mind the Gap!, Mind the Gap!" Do you get that stateside? The London tube has an audible warning every time you cross the horizontal gap onto a tube. Not that I'd take the tube in Covid-19 times, and I live in another region of the UK, but when I did work there it always used to tickle me. I check o...
by Adamski
Mon Jun 22, 2020 10:52 am
Forum: Money Questions
Topic: Should I stay or should I go?
Replies: 16
Views: 1773

Re: Should I stay or should I go?

I am about the same age, in the UK, child free and mortgage free, and am also thinking of pulling the plug. Maybe its with the lockdown! The decision is totally yours and what feels right to you. Couple of thoughts, after a break, you can supplement your retired income with some part time work which...
by Adamski
Sun Jun 21, 2020 8:54 am
Forum: Money Questions
Topic: Psychological challenge of sticking with a volatile portfolio
Replies: 92
Views: 7525

Re: Psychological challenge of sticking with a volatile portfolio

I have difficulty with the recent volatility in stocks. No way round it for me I've had to add bonds and gold to reduce volatility, accepting lower overall returns. And agree with stepping back and not checking prices and news feed so often.
by Adamski
Thu May 14, 2020 3:07 am
Forum: Money Questions
Topic: Investments Trade Log
Replies: 2307
Views: 460849

Re: Investments Trade Log

US stocks lot more resilient than rest of the world. S&P 500 1 year down 1% compared to UK FTSE 100 down 19%. Recent experience has confirmed my view that best not to be country bias as need large US exposure through a US or Global tracker.
by Adamski
Thu May 14, 2020 3:00 am
Forum: Money Questions
Topic: Inheritance coming - best options?
Replies: 34
Views: 2755

Re: Inheritance coming - best options?

@JWJ I had an inheritance earlier this year. Sounds like I have done something similar to your initial plan. I have put one third in a couple of index trackers, and two thirds in the best interest paying bank/building society/bond accounts, to preserve capital and against inflation. My future plan i...
by Adamski
Fri Nov 15, 2019 11:32 am
Forum: Money Questions
Topic: Traditional ER v ERE
Replies: 2
Views: 582

Traditional ER v ERE

How do you define ERE as opposed to traditional ER? My thoughts.. Traditional early retirement would be to leave before statutory retirement age, which in the UK is 65-67. So this would be ER from 55-65. ERE to me would be to retire before aged 55. Or is it lifestyle or the individual's philosophy w...
by Adamski
Fri Nov 15, 2019 11:16 am
Forum: ERE Journals
Topic: ICM's Journey
Replies: 4
Views: 449

Re: ICM's Journey

Welcome, and good numbers and savings rate.

Is VA a form of benefit in the US?
by Adamski
Fri Nov 15, 2019 8:53 am
Forum: ERE Journals
Topic: Basuragomi's journal
Replies: 87
Views: 15953

Re: Basuragomi's journal

@Basuragomi - net graphs and write up. The net worth looks good.

This is something I've found when started serious saving is that you get a linear progression of net worth, and that (quite likely) continue.
by Adamski
Fri Nov 01, 2019 11:21 am
Forum: ERE Journals
Topic: Giskard's Journal - slingin code to reach FI
Replies: 107
Views: 25970

Re: Giskard's Journal - slingin code to reach FI

@giskard - good and inspiring read, and glad to hear you are more energised, and happier. Credit to build investments and gain the security that goes with it at a relatively young age.
by Adamski
Fri Nov 01, 2019 9:44 am
Forum: ERE Journals
Topic: Basuragomi's journal
Replies: 87
Views: 15953

Re: Basuragomi's journal

Welcome, nice write up and looking fwd to the graphs!

Have you thought about moving to another cheaper Canadian city, now you have hit 4% swr and you could buy a cheap home and could up your lifestyle in ER?
by Adamski
Fri Nov 01, 2019 5:47 am
Forum: Money Questions
Topic: You need way less than the 4% rule
Replies: 19
Views: 3879

Re: You need way less than the 4% rule

@Hazel is ok, welcome to the Board. Good to hear from someone in a similar situation. I am looking fwd to stopping work, but at the same time am wary of such a big life change, so am phasing in an early retirement. ERE has inspired me too, even though I as well, have left it late. I also started sav...
by Adamski
Fri Nov 01, 2019 5:30 am
Forum: ERE Journals
Topic: 2020
Replies: 104
Views: 30218

Re: 2020

Hi there, not dissimilar to my numbers. Yes October was a poor month of market returns (my equity portfolio was down 2.5%), but when look at the YTD numbers the returns have been very good for 2019.
by Adamski
Fri Nov 01, 2019 5:24 am
Forum: ERE Journals
Topic: MedSaver's Journal
Replies: 138
Views: 37799

Re: MedSaver's Journal

Congrats on breakin the $1m. A number of UK Fire bloggers have £1m as their FI target ($1.3m), which you are not far from. The work I guess would be voluntary for you, and you could reassess your life options.
by Adamski
Thu Oct 31, 2019 11:14 am
Forum: Money Questions
Topic: You need way less than the 4% rule
Replies: 19
Views: 3879

Re: You need way less than the 4% rule

@Riggerjack - thanks, I'll check out akratic's journal. Looks like a good read. @George the original - yes its a shame defined benefit schemes have largely ended, same in the UK. I caught the tail end of a DB scheme which was sweet before they closed it. @The Old Man, @Ice Cream Man- agree with you ...