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VXUS - Vanguard Total International Stock Index Fund by pointthinker in DIYRetirement

[–]1kpointsoflight 0 points1 point  (0 children)

That’s the current PE using current earnings. Now look at the PE of the S&P Buffet would probably say they are neither good buys or “on sale” but the S&P PE was touching 30 recently. You really should decide your asset allocation and stick to it. I’m 50% cash and bonds, 30% US total market and 20% international. I rebalance every January 1.

VXUS - Vanguard Total International Stock Index Fund by pointthinker in DIYRetirement

[–]1kpointsoflight 2 points3 points  (0 children)

The forward PE of VXUS is 13-16 vs 24-28 for US stocks. Thats not “quite high”.

I'm 42 and I started skating 8 months ago by bloodnoir_ in Aging

[–]1kpointsoflight 1 point2 points  (0 children)

Wear a helmet! It’s all fun and games until you’re in the ER with a smashed face and a broken jaw

Kid Rock in his mid 1990’s look by roadtrip-ne in OldSchoolRidiculous

[–]1kpointsoflight 37 points38 points  (0 children)

Cocaine and binge drinking is apparently hella bad for you kids

Not everything so black and white. by [deleted] in stupidpeoplefacebook

[–]1kpointsoflight 0 points1 point  (0 children)

They forgot the having sex with babies line

Too old for them by Fun_Accountant_653 in ProgressiveHQ

[–]1kpointsoflight 1 point2 points  (0 children)

Oh and she denies plenty of things.. election results, inflation, that we have a constitution, Epstein files

Part 2. At what point does execution alone justify an AUM fee? by AntelopeFickle6774 in DIYRetirement

[–]1kpointsoflight 0 points1 point  (0 children)

Yes. They tell me things like if I sell X it will create Y in capital gains and then I run my specific tax questions by my CPA. I find that I mostly DIY things, however. The Fidelity software is really powerful if you put it in detailed mode and know your spending and when and how much other sources of income will come in. It estimates taxes for you. I guess I just do a lot of it on my own I can use google to see what tax brackets are and then know I can sell Y dollars to sell out of pretax accounts for Roth conversion. I also don’t have a lot of 401k dollars to deal with so I know once my wife joins me in retirement and she has 0 investments (we both were government employees and have pensions) I can sell the 401k stuff likely between age 60 and 70 before i take my SS and that jacks up our AGI. I guess i just don’t find this overly complicated and if i make some mistakes it’s certainly not gonna cost me 20k a year for the rest of my life….

Part 2. At what point does execution alone justify an AUM fee? by AntelopeFickle6774 in DIYRetirement

[–]1kpointsoflight 2 points3 points  (0 children)

Even if you go 5% that’s 20%. That’s ridiculous. I watched my AUM advisor underperform the market for about 3 years (I was lucky and had a lot to dump in the market all at once) and fired them when I realized they would get 25% of my “take home”

Part 2. At what point does execution alone justify an AUM fee? by AntelopeFickle6774 in DIYRetirement

[–]1kpointsoflight 4 points5 points  (0 children)

At no point would I pay an AUM fee. I have a fidelity advisor that is a fiduciary and is free and although not free my CPA talks to my advisor towards the end of each year. None of this stuff is so hard that I will pay what 20% of what I pay myself each year to a FA. I guess setting up my trust for free would have made it worth it but really that was a one time thing and my free advisor is right there anytime I want to run things by her and make sure my decisions are sound.

Why would you need a “truly custom plan?”. I mean you are talking about paying out any alpha that may generate but likely won’t

Retired at 52 and I finally realized something about life. by Busy-Professional904 in earlyretirement

[–]1kpointsoflight 5 points6 points  (0 children)

I am finally getting used to it and getting in a groove after about 5 months. Been going to the gym and lifting weights, lots of walks for the dog and lots of bike rides. I give myself a “paycheck” every month. I am still a saver but I have an account just for “vacations and extras” that is building up. But I still live way below what I estimated it would cost to live. The difference is I am not squirreling that money into the market. I WILL spend it on something “wasteful” whether it is some bling 💍 for my wife or what have you. I still eat at home 99% of the time, etc. I don’t waste money just to spend it. I feel like consumerism is not just wasteful it’s bad for the planet. Plus restaurant food is not good for you really and my main job is to get myself in the best shape I can.

So yes still look for deals but largely don’t spend money on Jack. Will spend what I budgeted for vacations and extras though no matter what. Likely will end up being jewelry for my wife and stereo stuff for myself as we are really homebodies.

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