JLCollinsnh

The Simple Path to Wealth

  • Stock Series
  • Homeownership
  • Case Studies
  • Stuff I recommend
  • Books
  • Interviews
  • About
You are here: Home / Case Studies / Case Study #8: Ron’s mother – she’s doin’ all right!

Case Study #8: Ron’s mother – she’s doin’ all right!

by jlcollinsnh 15 Comments

Yesterday I got a call from a good friend from whom I haven’t heard in a while. He’s a fan of the blog and, after a bit, he gently chided me for the infrequency of posts lately. It is always nice for a writer to hear readers complaining that there should be more.

Of course, I had many excuses. Other projects (some involving the blog!), re-certifying with the IRS and VITA, disappearing to Latin America and generally goofing off.

goofing off royalty-free-office-clipart-illustration-37094

But one of the more legitimate reasons is that as the blog has grown, so have the comments and questions. I’m grateful to receive them, but I’m also finding that much of the time and energy I have for writing here gets absorbed in responding. Not a complaint, but an observation. And a reminder, as I’ve said before, some of the best material to be found here is in the comments.

A while back I created this new section: Ask jlcollinsnh. There is fresh stuff up there almost every day now. So, if you haven’t already and are looking for more jlcollinsnh to read, check it out.

It is also a fine source for my Case Studies Series (see “categories” in the sidebar) including today’s.

This recent question appeared there and especially appealed to me. Ron’s mom, at 73, is certainly not an early retiree. In fact she didn’t even choose to retire. After 35 years her firm kicked her to the curb, with a lousy 12 week severance no less. It can happen to anybody. It has happened to me.

Fortunately, she was financially prepared and as it says in the song, she’s doin’ all right.

Her son writes:

Hi Jim,

My mother is 73.5 years old and was just terminated after a 35 year career as a legal secretary in Manhattan. She has saved pretty well and I just want to throw some numbers at you to see what you think.

She has 491K in a traditional 401K from her job. My brother has been managing those investments fairly conservatively within the plans offered and he made an 11% return last year.

She has 225K in a traditional IRA and her friend’s son has been managing the money and charging her .75% annually. He did not do as well and probably lost 1 or 2% on top of his fees last year.

He is also managing about 61K in a Roth for her as well. He is a bit of a pessimist and has her in gold among other hedge type investments.

Her expenses have been about $3K per month although that may rise with extra time on her hands. She has a pension of $900 per month and collects $1600 per month from social security.

She owns her coop apartment outright. She has 12 weeks severance and can then collect unemployment. She will now be responsible for her own health insurance.

How would you invest this money to keep it safe and make it last another 20 years?

Thanks so much,

Ron

My reply:

Hi Ron, and welcome!

To start off, your mother is in excellent financial shape.

weight-training-for-women

Her annual expenses are 36k. She has 30k in income from her pension and SS, and 777k in invested assets. Using the 4% guideline these assets can provide another 31k, for a total of 61k in potential annual income. Far more than it seems she needs, even if she were to dramatically increase her spending by, say, 33% to 4k per month.

Using VTSAX as a benchmark, let’s first look at how her managers did. This is the total stock market index fund and it returned ~33% in 2013. Of course, 100% stocks is way too aggressive for your mother, but it is a useful point of reference.

  • Your bother’s 11% return suggests to me he is managing your mother’s assets very, very conservatively, likely with a heavy bond concentration.
  • Your friend’s son, based on your comment and his negative 1-2% return in last year’s raging bull, suggests he is investing for Armageddon. A very poor strategy should Armageddon fail to arrive.

If you haven’t already, please take a moment to read “The Wealth Preservation and Building Portfolio” which is the second half of this post: Stocks –Part VI: Portfolio Ideas to Build and Keep Your Wealth.

In it you’ll find my reasons for the funds I’m going to suggest. You’ll also notice my suggested allocation percentages for your mother are much more conservative than those suggested in that post. My sense is you and she will sleep better, and with her assets she doesn’t need to pursue performance.

This is what I’d do were she my mother:

389k/50% VBTLX -bonds – current yield 2.2% = $8558 annual income
194k/25% VTSAX -stocks –  current yield 1.8% = $3492 annual income
194k/25% VGSLX -REITS – current yield 4.2% = $8148 annual income

Total annual income of $20,198, without touching principle.

This also represents a very conservative 2.5% withdrawal rate on her 777k. In addition, she’ll have bonds as a deflation hedge and real estate as an inflation hedge. If we do have a financial Armageddon, it will likely take one of those two forms.

This boosts her annual income from 36k to 50k, a 39% increase. With only a 2.5% withdrawal rate her portfolio will also continue to grow, likely leaving a substantial legacy for her heirs.

Hope this helps!

Ron’s reply:

Thanks so much Jim. My brother has read your response and is on board. We are firing the financial adviser and opening up new Vanguard accounts.

 More Case Studies

Related

Important Resources

  • Talent Stacker is a resource that I learned about through my work with Jonathan and Brad at ChooseFI, and first heard about Salesforce as a career option in an episode where we featured Bradley Rice on the Podcast. In that episode, Bradley shared how he reached FI quickly thanks to his huge paychecks and discipline in keeping his expenses low. Jonathan teamed up with Bradley to build Talent Stacker, and they have helped more than 1,000 students from all walks of life complete the program and land jobs like clockwork, earning double or even triple their old salaries using a Salesforce certification to break into a no-code tech career.
  • Credit Cards are like chain saws. Incredibly useful. Incredibly dangerous. Resolve to pay in full each month and never carry a balance. Do that and they can be great tools. Here are some of the very best for travel hacking, cash back and small business rewards.
  • Personal Capital is a free tool to manage and evaluate your investments. With great visuals you can track your net worth, asset allocation, and portfolio performance, including costs. At a glance you'll see what's working and what you might want to change. Here's my full review.
  • Betterment is my recommendation for hands-off investors who prefer a DIFM (Do It For Me) approach. It is also a great tool for reaching short-term savings goals. Here is my Betterment Review
  • NewRetirement offers cool tools to help guide you in answering the question: Do I have enough money to retire? And getting started is free. Sign up and you will be offered two paths into their retirement planner. I was also on their podcast and you can check that out here:Video version, Podcast version.
  • Tuft & Needle (T&N) helps me sleep at night. They are a very cool company with a great product. Here’s my review of what we are currently sleeping on: Our Walnut Frame and Mint Mattress.
  • Vanguard.com

Filed Under: Case Studies

« roundup: Some random cool things
Case Study #9: Lars — maximizing some good fortune and considering “dollar cost averaging” »

Comments

  1. Kenneth says

    February 13, 2014 at 10:47 am

    You named VBTLX twice. The last one named should be, of course, VGSLX.

    Thanks for all you do, Jim!

    Reply
    • jlcollinsnh says

      February 13, 2014 at 12:17 pm

      Great catch, Kenneth. Thanks!

      Reply
  2. Maverick says

    February 13, 2014 at 11:25 am

    I didn’t get far into reading when i concluded the same, firing that financial adviser. Fully concur with the recommendations. (This coming from an early retiree.)

    Reply
  3. SavvyFinancialLatina says

    February 13, 2014 at 12:00 pm

    Great advice jlcollins!

    Reply
  4. Danny says

    February 13, 2014 at 1:30 pm

    I agree with almost everything written above, but have one suggestion/comment.

    What do you think about rolling over the Roth IRA amount of 61K only into Vanguard’s version of a NY tax free muni bond fund? (Since I’m assuming she lives in NYC/NY area, since she was working in Manhattan):

    https://personal.vanguard.com/us/funds/snapshot?FundId=0576&FundIntExt=INT

    It is currently yielding 3.06%, plus has an almost identical expense ratio as VBTLX (0.12% versus 0.10%). Would be curious to hear your opinion as always 🙂

    Reply
    • jlcollinsnh says

      February 13, 2014 at 6:48 pm

      Hi Danny…

      Very interesting suggestion.

      My concerns would be:
      1. it is a much more narrowly focused fund than VBTLX, both geographically and by bond type.
      2. Her tax bracket isn’t nearly high enough to take full advantage of tax free munis

      On the other hand the interest rate is higher and she does live in the very high tax state of NY.

      Ron and his mother might want to run the numbers on the impact on her NY state taxes and see.

      Reply
  5. Pura Vida Nick says

    February 13, 2014 at 1:45 pm

    Fascinating stuff. I am only 30 years old and so my life situation is quite a bit different than Ron’s mother, but someday will have to deal with this kind of thing. Thanks for the good case study – I learned a lot!

    Reply
    • jlcollinsnh says

      February 13, 2014 at 6:49 pm

      Good to hear, PVN

      We’ll all get there eventually. At least if all goes well. 😉

      Reply
  6. Linda van Zyl says

    February 13, 2014 at 3:21 pm

    We are firing the financial adviser and opening up new Vanguard accounts.

    Good call Ron! -1% is pretty poor performance with a 0.75% fee on top of it all.

    Great to see another article, Jim 🙂 Don’t be worried about scaling down your comment interaction if it’s taking up too much time, sounds like I should really go through the comments though!

    Reply
    • jlcollinsnh says

      February 13, 2014 at 6:53 pm

      Thanks Linda!

      While I can see the time coming when I won’t be able to keep up with the comments, I consider it an honor when people take the time. As such I like to respond, especially to the questions.

      On the other hand, looking at this post for example, had I just left it in the comments section far fewer people would have seen it.

      The truth is, posts have greater reach than comment replies, and by extension have the potential to help more people.

      Tough call and tough to balance when/if the time comes.

      Reply
  7. PFgal says

    February 16, 2014 at 10:58 am

    Small typo:
    “This boosts her annual income from 36k to 50k, a 39% increase.”

    The 36k should be 30k. The other numbers are right – the math is fine, it’s just a typo.

    I’m very impressed with Ron’s mother’s financial position, and even more impressed that she was still working at the age of 73!

    Reply
    • jlcollinsnh says

      February 16, 2014 at 11:45 am

      the 36k comes from her 3k spending per month.

      Perhaps I should have said: “boosts her potential spending from 36k to 50k…”

      Reply
      • PFgal says

        February 19, 2014 at 9:48 am

        Ah, ok, that makes sense. Income vs. spending 🙂

        Reply
  8. Mark says

    February 17, 2014 at 11:59 pm

    Jim –

    Love your reader case studies. They are filled with such realistic and practical advice.

    I hope you have some peeps over at Vanguard reading your blog. They really should be sending you some free swag – like a nice sweatshirt or something!

    Reply
    • jlcollinsnh says

      February 18, 2014 at 7:11 am

      Thanks Mark!

      They are fun to do. If you haven’t already, check out https://jlcollinsnh.com/ask-jlcollinsnh/
      It is basically a series of mini (and not so mini) case studies.

      Nope, no swag (not even a note of acknowledgement) from Vanguard and actually I’d be disappointed in them if they sent some.
      But, a note would be nice! 🙂

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The Simple Path to Wealth Book by JL Collins

Important Resources

  • Talent Stacker or My Review
  • Recommended Credit Cards
  • Personal Capital or My Review
  • Betterment or My Review
  • NewRetirement
  • Tuft & Needle or My Review
  • Vanguard.com

More Helpful Links

  • My Manifesto
  • Financial Calculators
  • Ask Jlcollinsnh

Subscribe to New Posts

Follow JLCollinsNH on TwitterJLCollinsNH On Twitter

  • Latest
  • Popular
  • Comments
  • When Your Country Becomes a Global Outcast When Your Country Becomes a Global Outcast
  • Staying the Course in War-Time Staying the Course in War-Time
  • Pathfinders update from Hh Pathfinders update from Hh
  • A New Chapter for Chautauqua A New Chapter for Chautauqua
  • Season’s Greetings!! Season’s Greetings!!
  • Fun with numbers: Historic Stock Market Returns Fun with numbers: Historic Stock Market Returns
  • Let’s talk about what’s up with Bonds, and what ever else you’d like to ask me Let’s talk about what’s up with Bonds, and what ever else you’d like to ask me
  • Today Week Month All
  • Stocks — Part 1:  There’s a major market crash coming!!!!  and Dr. Lo can’t save you. Stocks -- Part 1: There's a major market crash coming!!!! and Dr. Lo can't save you.
  • Why your house is a terrible investment Why your house is a terrible investment
  • How I failed my daughter and a simple path to wealth How I failed my daughter and a simple path to wealth
  • Stocks — Part VI:  Portfolio ideas to build and keep your wealth Stocks -- Part VI: Portfolio ideas to build and keep your wealth
  • Stocks — Part II:  The Market Always Goes Up Stocks -- Part II: The Market Always Goes Up
  • Why you need F-you money Why you need F-you money
  • Stocks — Part V:    Keeping it simple, considerations and tools Stocks -- Part V: Keeping it simple, considerations and tools
  • Today Week Month All
  • When Your Country Becomes a Global Outcast When Your Country Becomes a Global Outcast
  • Staying the Course in War-Time Staying the Course in War-Time
  • How I failed my daughter and a simple path to wealth How I failed my daughter and a simple path to wealth
  • VITA, income taxes and the IRS VITA, income taxes and the IRS
Ajax spinner
Categories
  • Annual Louis Rukeyser Memorial Market Prediction Contest
  • Business
  • The Book: The Simple Path To Wealth
  • Cars and Motorcycles
  • Case Studies
  • Chautauqua
  • Education
  • Guest Posts
  • Homeownership
  • How I Lost Money in Real Estate before it was Fashionable
  • Life
  • Money
  • Q/A Posts
  • Random cool things that catch my eye
  • Stock Investing Series
  • Stuff I Recommend
  • Travels

Archives

  • ► 2023 (3)
    • ► January (3)
      • When Your Country Becomes a Global Outcast
      • Staying the Course in War-Time
      • Pathfinders update from Hh
  • ► 2022 (12)
    • ► December (3)
      • A New Chapter for Chautauqua
      • Season's Greetings!!
      • Fun with numbers: Historic Stock Market Returns
    • ► October (1)
      • Let’s talk about what’s up with Bonds, and what ever else you’d like to ask me
    • ► August (1)
      • The Price of Security
    • ► July (1)
      • Case Study #17: Buying into the market right before a Bear
    • ► June (1)
      • Case Study #16: Helping dad with an inheritance
    • ► May (1)
      • Just inked a contract for my next book, and I want you to be a part of it!
    • ► April (1)
      • The Dinky Diner
    • ► March (1)
      • Chautauqua: A terrible business model
    • ► February (2)
      • Chautauqua is back for 2022!
      • JLCollinsnh.com Enters New Era
  • ► 2021 (14)
    • ► December (1)
      • Season's Greetings!!
    • ► November (2)
      • The new book is out!
      • Are bonds done?
    • ► October (1)
      • Guess what I just finally read for the first time...
    • ► September (1)
      • The negligence that led me to DIY investing
    • ► August (3)
      • Chainsaws and Credit Cards
      • Part XXXVI: Estate Planning 101 -- The Simple Path to an Estate Plan
      • The Simple Path to a Lucrative Career
    • ► July (1)
      • Help Wanted: a new book
    • ► June (1)
      • The Top 9 (Bad) Arguments Against Bitcoin
    • ► May (2)
      • Collins on Crypto
      • The Alfred Hitchcock Path to FI
    • ► April (1)
      • Time to sell?
    • ► February (1)
      • Mariah International: All that glitters…
  • ► 2020 (11)
    • ► December (1)
      • Season's Greetings!!
    • ► June (1)
      • How to give when you have a business
    • ► April (4)
      • Investing with Vanguard for Europeans: 2020 update
      • Part XVII-B: ETF vs. Mutual Fund -- What's the difference?
      • Reviewing the comments on my post of April 1st
      • Why I will no longer be writing this blog
    • ► March (4)
      • My move from VMMXX to VBTLX
      • COVID-19: The unvarnished truth from Doc G.
      • Chautauqua sits out 2020
      • Taking advantage of Mr. Bear
    • ► February (1)
      • Mr. Bear, Podcasts, a good book and why I should be in 100% stocks
  • ► 2019 (11)
    • ► November (4)
      • How we bought our new car
      • The House Hacking Strategy
      • What does buying a new car really cost over the years?
      • Why we bought a brand new car
    • ► August (1)
      • A Guided Meditation for When the Stock Market Is Dropping
    • ► June (2)
      • 7 Days in Heaven: or Why Slowing Down Will Get You There Sooner
      • Quit Like a Millionaire
    • ► March (1)
      • Stocks -- Part XXXV: Investing for Seven Generations
    • ► February (1)
      • Chautauqua 2019 - UK & Portugal - Tickets Now Available
    • ► January (2)
      • Mr. Bogle passes
      • "I wanted the unreasonable"
  • ► 2018 (16)
    • ► December (1)
      • Happy Holidays! and a bit on Mr. Market
    • ► November (3)
      • Truly Passive Real Estate Investing
      • Car Talk: An update on Steve and looking at Leafs
      • Chautauqua 2018 Greece: A week for the gods!
    • ► October (1)
      • On Twitter, gone for Chautauqua and dark on comments till November
    • ► September (2)
      • What we own and why we own it: 2018
      • Tuft & Needle: Our Walnut Frame and Mint Mattress
    • ► August (1)
      • Kibanda Part 5: Pretty, and pretty much done
    • ► June (3)
      • Stocks--Part XXXIV: How to unload your unwanted stocks and funds
      • Tracking your holdings
      • Stocks -- Part XXXIII: Optimism
    • ► May (2)
      • Kibanda Part 4: Quicksand!
      • My Talk at Google, Playing with FIRE and other Chautauqua connections
    • ► March (1)
      • Stocks -- Part XXXII: Why you should not be in the stock market
    • ► February (1)
      • Chautauqua 2018: Mt. Olympus, Greece
    • ► January (1)
      • An International Portfolio from The Escape Artist
  • ► 2017 (15)
    • ► December (2)
      • The Bond Experiment: Return to VBTLX
      • How to Invest in Bitcoin like Benjamin Graham
    • ► October (1)
      • Kibanda Part 3: Running the numbers
    • ► September (1)
      • Sleeping soundly thru a market crash: The Wasting Asset Retirement Model
    • ► August (2)
      • Stocks -- Part XXXI: Too hot. Too cold. Not pure enough.
      • Kibanda, Part 2: Negotiating the deal
    • ► July (2)
      • Time Machine and the future returns for stocks
      • Kibanda: Mr. Anti-house buys his dream house
    • ► June (2)
      • Is there an interior designer in the house?
      • The Simple Path to Wealth goes Audio!
    • ► May (1)
      • Life on the Beach
    • ► April (1)
      • Sell! Sell!! Sell!!! Sell?
    • ► March (1)
      • Vicki comes to Chautauqua: United Kingdom
    • ► January (2)
      • Chautauqua - Ecuador 2017 open for reservations
      • Chautauqua - United Kingdom: August 2017
  • ► 2016 (22)
    • ► December (3)
      • Season's Greetings and other cool stuff
      • Angel Investing, or Angel Philanthropy?
      • Mr. Bogle and me
    • ► November (1)
      • Where did you learn about money?
    • ► October (2)
      • Buy Your Freedom; Rent the Rest
      • So, what do you drive?
    • ► September (2)
      • Stocks -- Part XXX: jlcollinsnh vs. Vanguard
      • A visit to the Frugalwoods
    • ► August (1)
      • What the naysayers are missing
    • ► July (1)
      • Reviews of The Simple Path to Wealth; gone for summer
    • ► June (2)
      • The Simple Path to Wealth is now Published!
      • A peek into The Simple Path to Wealth
    • ► May (1)
      • It's better in the wind. Still.
    • ► April (3)
      • Cool things to check out while I'm gone
      • Stocks — Part XXIX: How to save money for college. Or not.
      • Help Wanted: The Book
    • ► March (1)
      • F-You Money: John Goodman v. jlcollinsnh
    • ► February (2)
      • Q&A - V: The Women of Amphissa
      • jlcollinsnh gets a new suit
    • ► January (3)
      • Chautauqua 2015 Reviews, 2016 registration open
      • Case Study #15: The Scavenger Life -- Freedom first, then Financial Independence
      • 3rd Annual (2015) Louis Rukeyser Memorial Market Prediction Contest results, and my forecast for 2016
  • ► 2015 (18)
    • ► December (2)
      • Q&A - IV: Strawberry Patch
      • Seasons Greetings! and other cool stuff
    • ► October (2)
      • Personal Capital; and how to unload your unwanted stocks and funds
      • Stockchoker: A look back at what your investment might have been
    • ► September (2)
      • Case Study #14: To Dream the Impossible Dream (and then realize it)
      • Hotel Living
    • ► August (1)
      • Mr. Market's Wild Ride
    • ► June (4)
      • Gone for Summer, an important note on comments and random cool stuff that caught my eye
      • Around the world with an Aussie Biker
      • Case Study #13: The Power of Flexibility
      • Stocks — Part VIII: The 401(k), 403(b), TSP, IRA & Roth Buckets
    • ► March (2)
      • Stocks -- Part XXVIII: Debt - The Unacceptable Burden
      • Chautauqua October 2015: Times Two!
    • ► February (2)
      • YNAB: Best Place to Work Ever?
      • Case Study #12: Escaping a soul-crushing job before you're 70
    • ► January (3)
      • Case Study #11: John, a small business owner in transition
      • Trish and Stan take an Intrepid Sailing Voyage
      • 2014 Annual Louis Rukeyser Memorial Market Prediction Contest results, and my forecast for 2015
  • ► 2014 (29)
    • ► December (2)
      • Diamonds and Happy Holidays!
      • Micro-Lending with Kiva
    • ► November (3)
      • Chautauqua February 7-14, 2015: Escape from Winter
      • Stocks -- Part XXVII: Why I Don’t Like Dollar Cost Averaging
      • Jack Bogle and the Presidential Medal of Freedom
    • ► October (3)
      • Tuft & Needle: A better path to sleep
      • Nightmare on Wall Street: Will the Blood Bath Continue?
      • Help Wanted
    • ► September (1)
      • Chautauqua 2014: Lightning strikes again!
    • ► August (2)
      • Stocks -- Part XXVI: Pulling the 4%
      • Stocks -- Part XXV: HSAs, more than just a way to pay your medical bills.
    • ► July (3)
      • Stocks -- Part XXIV: RMDs, the ugly surprise at the end of the tax-deferred rainbow
      • Summer travels, writing, reading and other amusements
      • Moto X, my new Republic Wireless Phone
    • ► June (1)
      • Stocks -- Part XXIII: Selecting your asset allocation
    • ► May (1)
      • Stocks -- Part XXII: Stepping away from REITs
    • ► April (3)
      • Q&A III: Vamos
      • Q&A II: Salamat
      • Q&A I: Gaijin Shogun
    • ► March (2)
      • Top 10 posts
      • Cafe No Se
    • ► February (4)
      • Chautauqua 2014 preview, closing up for travel and other random cool things that caught my eye of late.
      • Case Study #10: Should Josiah buy his parents a house?
      • Case Study #9: Lars -- maximizing some good fortune and considering "dollar cost averaging"
      • Case Study #8: Ron's mother - she's doin' all right!
    • ► January (4)
      • roundup: Some random cool things
      • Stocks — Part XXI: Investing with Vanguard for Europeans
      • Case Study #7: What it looks like when everything financial goes wrong
      • 1st Annual Louis Rukeyser Memorial Market Prediction Contest 2013 results, and my forecast for 2014
  • ► 2013 (41)
    • ► December (4)
      • Closing up for the Holidays, see you in 2014
      • Betterment: a simpler path to wealth
      • Case Study 6: Helping an ill and elderly parent
      • Stocks -- Part XX: Early Retirement Withdrawal Strategies and Roth Conversion Ladders from a Mad Fientist
    • ► November (3)
      • Death, Taxes, Estate Plans, Probate and Prob8
      • Case Study #5: Zero to 2.6 million in 25 years
      • Case Study #4: Using the 4% rule and asset allocations.
    • ► October (3)
      • Republic Wireless and my $19 per month phone plan
      • Case Study #3: Let's get Tom to Latin America!
      • The Stock Series gets its own page
    • ► September (2)
      • Case Study #2: Joe -- off to a fast start!
      • Chautauqua 2013: A Week of Dreams
    • ► August (1)
      • Closing up shop plus an opening at Chautauqua, my new podcast, phone, book and other random cool stuff
    • ► July (1)
      • They Will Kill You For Your Shoes!
    • ► June (4)
      • Stocks -- Part VIII-b: Should you avoid your company's 401k?
      • Shilpan's Seven Habits to Live More with Less
      • Stocks -- Part XIX: How to think about money
      • My path for my kid -- the first 10 years
    • ► May (5)
      • Why your house is a terrible investment
      • Stocks — Part XVIII: Investing in a raging bull
      • Dining with the Ghosts of Sarah Bernhardt and Alfons Mucha
      • How we finally got the house sold
      • Stocks — Part XVII: What if you can't buy VTSAX? Or even Vanguard?
    • ► April (4)
      • Greetings from Prague & a computer question
      • Swimming with Tigers, a 2nd chance on the Chautauqua, a financial article gets it wrong and I'm off to Prague
      • Storage, Moving and Movers
      • Homeless, and a bit on the strategy of dollar cost averaging
    • ► March (4)
      • Wild Turkeys, Motorcycles, Dining Room Sets & Greed
      • Roots v. Wings: considering home ownership
      • How about that stock market?!
      • The Blog has New Clothes
    • ► February (5)
      • Meet Mr. Money Mustache, JD Roth, Cheryl Reed & me for a Chautauqua in Ecuador
      • High School Poetry, Carnival, cool ads and random pictures that caught my eye
      • Consignment Shops: Best business model ever?
      • Cafes
      • Stocks -- Part XVI: Index Funds are really just for lazy people, right?
    • ► January (5)
      • Social Security: How secure and when to take it
      • Fighting giraffes, surreal landscapes, dancing with unicorns and restoring a Vanagon
      • My plan for 2013
      • VITA, income taxes and the IRS
      • How to be a stock market guru and get on MSNBC
  • ► 2012 (53)
    • ► December (6)
      • See you next year....until then: The Origin of Life, Life on Other Worlds, Mechanical Graveyards, Great Art, Alternative Lifestyles and Finding Freedom
      • Stocks -- Part XV: Target Retirement Funds, the simplest path to wealth of all
      • Stocks -- Part XIV: Deflation, the ugly escort of Depressions.
      • Stocks Part XIV: Deflation, the ugly escort of Depressions.
      • Stocks -- Part XIII: The 4% rule, withdrawal rates and how much can I spend anyway?
      • How I learned to stop worrying about the Fiscal Cliff and you can too.
    • ► November (2)
      • Rent v. owning: A couple of case studies in Ecuador
      • So, what does a month in Ecuador cost anyway?
    • ► October (4)
      • See you in December....
      • Meet me in Ecuador?
      • The Podcast: You can hear me now.
      • Stocks -- Part XII: Bonds
    • ► September (6)
      • Stocks -- Part XI: International Funds
      • The Smoother Path to Wealth
      • Case Study #I: Putting the Simple Path to Wealth into Action
      • Tales of Bolivia: Calle de las Brujas
      • Stocks -- Part X: What if Vanguard gets Nuked?
      • Travels in South America: It was the best of times....
    • ► August (1)
      • Home again
    • ► June (4)
      • Yellow Fever, closing up shop for the summer and heading to Peru y Bolivia
      • I could not have said it better myself...
      • Stocks -- Part IX: Why I don't like investment advisors
      • Happy Birthday, jlcollinsnh; and thanks for the gift Mr. MM!
    • ► May (6)
      • Stocks -- Part VIII: The 401K, 403b, TSP, IRA & Roth Buckets
      • Mr. Money Mustache
      • The College Conundrum
      • Stocks -- Part VII: Can everyone really retire a millionaire?
      • Stocks -- Part VI: Portfolio ideas to build and keep your wealth
      • Stocks -- Part V: Keeping it simple, considerations and tools
    • ► April (6)
      • Stocks -- Part IV: The Big Ugly Event, Deflation and a bit on Inflation
      • Stocks -- Part III: Most people lose money in the market.
      • Stocks -- Part II: The Market Always Goes Up
      • Stocks -- Part 1: There's a major market crash coming!!!! and Dr. Lo can't save you.
      • You can eat my Vindaloo, mega lottery, Blondie, Noa, Israel Kamakawiwo 'Ole, art, film and a ride on the Space Shuttle
      • Where in the world are you?
    • ► March (7)
      • How I lost money in real estate before it was fashionable, Part V: Sold! and the taxman cometh.
      • How I lost money in real estate before it was fashionable, Part IV: I become a Landlord.
      • How I lost money in real estate before it was fashionable, Part III: The Battle is Joined.
      • How I lost money in real estate before it was fashionable, Part II: The Limits of the Law.
      • How I lost money in real estate before it was fashionable, Part I: Impossibly Naive.
      • You, too, can be conned
      • Armageddon and the value of practical skills
    • ► February (6)
      • Rent v. Owning Your Home, opportunity cost and running some numbers
      • The Casanova Kid, a Shit Knife, a Good Book, Having No Regrets, Dark Matter and a bit of Magic
      • What Poker, Basketball and Mike Whitaker taught me about Luck
      • How to Give like a Billionaire
      • Go ahead, make my day
      • Muk Finds Success in Tahiti
    • ► January (5)
      • Travels with "Esperando un Camino"
      • Beanie Babies, Naked Barbie, American Pickers and Old Coots
      • Selling the House and Adventures in Staging
      • The bashing of Index Funds, Jack Bogle and a Jedi dog trick
      • Magic Beans
  • ► 2011 (22)
    • ► December (1)
      • Dividend Growth Investing
    • ► November (2)
      • The Mummy's head, Particle Physics and "Knocking on Heaven's Door"
      • "It's Better in the Wind" or why I ride a motorcycle
    • ► October (1)
      • Lazy Days and School Days
    • ► July (2)
      • The road to Zanzibar sometimes goes thru Ecuador...
      • Johnny wins the lotto and heads to Paris
    • ► June (16)
      • Chainsaws, Elm Trees and paying for College
      • Stuff I’ve failed at: the early years
      • Snatching Victory from the Jaws of Defeat
      • The. Worst. Used. Car. Ever.
      • Top Ten reasons your future is so bright it hurts my eyes to look at it
      • The Most Dangerous Words Your Customer Can Say
      • How not to drown in The Sea of Assholes
      • What we own and why we own it
      • The Ten Sales Commandments
      • My ever so formal and oh so dry CV
      • How I failed my daughter and a simple path to wealth
      • The Myth of Motivation
      • Why you need F-you money
      • My short attention span
      • Why I can’t pick winning stocks, and you can’t either
      • The Monk and the Minister

© Copyright 2022 jlcollinsnh.com Privacy Policy Disclaimers