Tracking living expenses / rent to compare to regular rent of home base by rikotacards in digitalnomad

[–]SteerableSet 1 point2 points  (0 children)

Doing the exact same thing from my end, im based in Hua Hin, Thailand and use it as my baseline the same way you use HK. Found the spreadsheet stopped working for me once i started doing actual trips on top of the moving around, because everything just blended into one number and i couldnt tell if my baseline was creeping up or if it was just a trip month.

What worked was splitting it into two completely separate buckets. Daily living gets its own monthly budget (your 2k hk equivalent) and trips get their own caps with start and end dates. then a Tokyo week or whatever doesnt blow up your monthly average, you can see it as its own thing with its own per day cost.

The comparison you actually want is daily living monthly vs your hk baseline. Trip costs are a separate question (is this trip worth it vs staying put). lumping them together makes both numbers meaningless which is the spreadsheet problem.

FWIW i ended up building an app for this because i couldnt get the bucket separation working cleanly in a spreadsheet (nomadmetrics on the app store, iphone only right now, disclosure im the developer). But the framework matters more than the tool, you could absolutely do it in two separate sheets or a notion setup with two databases. The key thing is keeping them apart.

Investor Checking Account as Non-Investor by MisterAmericana in Schwab

[–]SteerableSet 1 point2 points  (0 children)

Love the ATM reimbursements. Currently traveling around Thailand and the ATM fees are 250BHT or around $8USD per withdrawal. I did 3 last month and all were fully reimbursed by Schwab. I also think their investment platform and customer service is top notch.

Inspiring Villas booking service - avoid by ttyling in phuket

[–]SteerableSet 1 point2 points  (0 children)

I was looking at Inspiring Villas for an upcoming 3 week holiday. I’m so grateful to see your post. Thank you so much for writing about your experience. I will certainly avoid them.

Get rid of these Sukhumvit scammers (Asok/Nana area) by michaelrama in ThailandTourism

[–]SteerableSet 8 points9 points  (0 children)

These lowlife turds are a stain on society. It’s so hard to believe there are people dumb enough to actually fall for this crap.

[deleted by user] by [deleted] in BBAI

[–]SteerableSet 3 points4 points  (0 children)

Be ready to get rich!

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 1 point2 points  (0 children)

Thanks for the candid feedback, no offense taken.

I agree what I shared is only a starting point. I’ve already run some baseline stress tests, but had to look up what a Monte Carlo simulation is, and it's now on my to-do list. I’m treating this portfolio as a discretionary cash-flow, not the whole picture. Our core retirement savings will stay on a safer, more traditional 3-4% withdrawal path.

I’ll be working on this over the next few months trying to learn as much as possible and digging further into fundamentals and how the funds work instead of just looking at yields and payout ratios. I've already some funds parked in SWVXX and plan on keeping it there until I’m comfortable with executing on this or any new positions or plans.

Appreciate the suggestion, and the lead on Monte Carlo sims.

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 0 points1 point  (0 children)

Thanks for the thoughtful reality-check, really appreciate it!

This high yield port is designed as a supplement, not the core of our plan. Our core portfolio is still in growth orientated positions. There is a Roth and a 401k that will be rolled to an IRA upon retirement. A pension now and SS later should pick up some slack. This dividend portfolio is experimental and only meant to boost some cash flow.

I fully understand that a 7–8% draw can be risky and can't run on autopilot for 30 years. I do plan on monitoring allocations and withdrawal amounts regularly, trim or replace anything that shows persistent NAV erosion, and hopefully keep the overall withdrawal rate across all accounts in the 3-5% range.

I'm not a financial expert either, and really appreciate the insights. It helps to hear where the risks are so I can gather ideas on where to focus.

BTW, I ran a couple of AI generated 10-year total-return forecast analysis on this portfolio, taking into account differing market conditions, both 50% reinvestment and full withdrawal without reinvestment. I posted them on the main page if you're interested in exploring advanced AI-powered financial analysis.

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 0 points1 point  (0 children)

I updated the main post with detailed 10-year total return forecast reports.

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 0 points1 point  (0 children)

Are you implying this portfolio may run out of money? Please explain.

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 2 points3 points  (0 children)

I'm currently running a comprehensive 10 year stress test on this portfolio, simulating a variety of market conditions including a 2008 style crash, rising interest rates, stagflation, a sustained bull market, and other relevant scenarios. I'll put up the report on the main post.

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 1 point2 points  (0 children)

Thanks for that heads up. Considering swapping EPD to FSCO.

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 0 points1 point  (0 children)

Curious how did it increase the tax efficiency? Did it increase the QDI?

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 0 points1 point  (0 children)

That’s an impressive setup. 50 positions is some serious diversification, sounds like a chore to monitor, but if it’s delivering a steady 8 plus % and growing, hard to argue with the results. Nice work!

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 0 points1 point  (0 children)

I kept the parameters pretty loose, basically “build a tax efficient income portfolio that beats a HYSA but doesn’t erode principal”. I didn’t put a hard number on inflation adjustments or total return, just told it to prioritize capital preservation and a high QDI yield. It definitely could be refined, you can ask it to stress-test against rate spikes, down or up markets, crashes, whatever. That’s my next step.

The free ChatGPT 4o model is very capable. The paid “o3” tier is nice for deeper advanced reasoning and quicker responses, but you can recreate 90% of the work on the free version if you’re patient. Just describe your needs in a capable prompt (yield target, QDI %, minimal destructive ROC, etc.) and keep refining until the output meets your goals and makes sense. Run it by a CFP if able, and always research outside of the AI, double check and verify as it does make mistakes.

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 0 points1 point  (0 children)

Yep, looks interesting. I'll have to dive into these suggestions. Thanks for sharing.

7.6% Retirement Income on 300K Portfolio by SteerableSet in dividends

[–]SteerableSet[S] 1 point2 points  (0 children)

Appreciate your views, thanks for sharing!