How the hell are we supposed to retire?

Patrick said:
Looks like VFIAX (sp500) did better over the last 10,
VTSAX (total stock market US) did better over the last 20.
Damn close.

VWEAX is a bond fund investing in corporate paper. A similar fund would be MHCAX
These yield 4% or better - and pay monthly. Think "income"

comparison tools are available - which help create a picture of performance.
I happen to use vanguard, alternately finance.yahoo.com works too.

Compare ETFs - Fund Comparison Tool | Vanguard

Use our ETF and mutual fund comparison tool to view side by side historical performance, risk, expense ratios, and asset class data.
investor.vanguard.com
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While VTSAX may not outperform VFIAX, I like it as it provides more diversity.

I found it good to have both. I switched from VFIAX to VTSAX and last year it was convenient to do some tax advantaged sales from the dormant VFIAX fund at the end of the year and put the cash in VTSAX where I can't sell due to wash rules and weekly investments.

@Bike N Gear when I used to rebalance I just used a spreadsheet of what my ideal allocation was and how off it was and then just rearrange accordingly. I was doing simple 3 Fund so it was easy.
 
Santapez said:
While VTSAX may not outperform VFIAX, I like it as it provides more diversity.
Click to expand...

agree - there is the tax and the behavior issues with sp500

stocks moving out of the market are at zero - stocks moving out of the sp500 are not.
Stocks moving into the sp500 get boosted -

www.cbsnews.com

John C. Bogle on the S&P 500 vs. the Total Stock Market

I recently wrote a column entitled The Case against S&P 500 Index Funds. In that column, I noted two flaws in this index fund and pointed to a better way, namely a Total US index fund. I received a note in the mail this week from - wait for it - John C. Bogle, the person who brought both of...
www.cbsnews.com www.cbsnews.com

@Rogers - i've found that the amount of money that needs to be risked to make money with options is never worth it.
If i had a huge position in an individual stock, i'd def hedge tho. ie, say i worked for a start-up that went public and i had a hold period.
 
Patrick said:
@Rogers - i've found that the amount of money that needs to be risked to make money with options is never worth it.
If i had a huge position in an individual stock, i'd def hedge tho. ie, say i worked for a start-up that went public and i had a hold period.
Click to expand...
I would say that options are actually less risky in terms of both monetary and directional risk than just being long stocks. It's all about managing the Greeks...delta, vega, theta and gamma. The key is to never buy options...except for maybe when volatility is really low and you want to take a long or short position with limited risk.
 
Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."

was in my feed today.

Interest, dividends, business royalties, appreciation of investments, etc.......
also - is Warren still working? or is he enjoying what he loves to do?
and is really good at doing.
 
Patrick said:
Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."

was in my feed today.

Interest, dividends, business royalties, appreciation of investments, etc.......
also - is Warren still working? or is he enjoying what he loves to do?
and is really good at doing.
Click to expand...
This why I own BRK/B
 
Rogers said:
I would say that options are actually less risky in terms of both monetary and directional risk than just being long stocks. It's all about managing the Greeks...delta, vega, theta and gamma. The key is to never buy options...except for maybe when volatility is really low and you want to take a long or short position with limited risk.
Click to expand...
Yea but all options hero or zero.
 
Dave Taylor said:
This why I own BRK/B
Click to expand...

I got into .b when it debuted. Sold it and got into tsla on the way up. Sold that and got into sp500. Think I could have done just as well in .b

I sleep well with sp500. .b is one obit away from a crash.
 
Patrick said:
I got into .b when it debuted. Sold it and got into tsla on the way up. Sold that and got into sp500. Think I could have done just as well in .b

I sleep well with sp500. .b is one obit away from a crash.
Click to expand...
I'm hoping it's priced in. I mean everyone knows it's coming eventually. The underlying stocks will be the same. I hope.
 
2024 w_b update: still workin' like a dog. Chained to my desk most days. Sometimes it used to slow down a bit, but not last 18months or so. I'm very blessed.

Mostly everything equities I have, except HSY and O, is at or near all time highs. Not many bargains out there right now.
Morningstar says BUY, Merrill says HOLD on a lot of the same issues. They don't know either.

If you wanna invest in real estate without getting no heat calls from tenants at 3AM, go for O for commercial or INVH for residential; or DYODD. They help me sleep well at night while returning 90% of their profits back to me as dividends. And they make a lot of profits, and they go out and fix the heat for me.

Right now, extra cash is going into 6 and 9 month CDs at 5.3%. Reevaluating the situation as the ladder rungs mature.

Conventional logic says I should be increasing allocation of bonds compared to stox as I near that magic TTJASI date, but I took a bath on my meager amount of bonds the past few years. Still 98% equities for me. No need for options if you see the value of buy low and hold while reinvesting dividends.

cheatsheet for those of you with no Google-fu:
HSY- Hershey
O- Realty Income
INVH- Invitation Homes
DYODD- do your own due diligence
TTJASI- take this job and shove it
 
w_b said:
2024 w_b update: still workin' like a dog. Chained to my desk most days. Sometimes it used to slow down a bit, but not last 18months or so. I'm very blessed.

Mostly everything equities I have, except HSY and O, is at or near all time highs. Not many bargains out there right now.
Morningstar says BUY, Merrill says HOLD on a lot of the same issues. They don't know either.

If you wanna invest in real estate without getting no heat calls from tenants at 3AM, go for O for commercial or INVH for residential; or DYODD. They help me sleep well at night while returning 90% of their profits back to me as dividends. And they make a lot of profits, and they go out and fix the heat for me.

Right now, extra cash is going into 6 and 9 month CDs at 5.3%. Reevaluating the situation as the ladder rungs mature.

Conventional logic says I should be increasing allocation of bonds compared to stox as I near that magic TTJASI date, but I took a bath on my meager amount of bonds the past few years. Still 98% equities for me. No need for options if you see the value of buy low and hold while reinvesting dividends.

cheatsheet for those of you with no Google-fu:
HSY- Hershey
O- Realty Income
INVH- Invitation Homes
DYODD- do your own due diligence
TTJASI- take this job and shove it
Click to expand...

You have at least one more down/up cycle before drawing money....let it ride.

I'll be getting out of tax free munis next year.
 
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Probably the best bang for your buck right now is to double up and invest in Ridge supply, right @Dave Taylor ?

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Rogers said:
We have gone thru this before. If you buy them for no other purpose than taking a shot in the dark with limited risk, sure it's hero or zero. Like I have said before don't buy options, sell them.
Click to expand...
Have a foot in that put!
 
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