Investing

Couch potato investing for the last 12 years - tracking my progress

  • Last Updated:
  • Dec 11th, 2017 3:20 pm
Tags:
None
[OP]
Deal Addict
Oct 1, 2006
1691 posts
655 upvotes
Montreal
Yes, no car payments. Public transport is pretty good in Montreal, so I never felt like I need one.
Deal Addict
User avatar
Feb 22, 2013
2027 posts
168 upvotes
Ottawa, ON
ksgill wrote:
Jul 17th, 2014 11:53 am
BTW, no offence but having a car payment is most likely what's pushing that number higher than where it should be. Personally, I would never get a car on credit (even if it is at 0%). Buying a used car that you can afford can help you save more money.
Agreed.
Penalty Box
Apr 16, 2012
3565 posts
677 upvotes
Greely
so op, what are your goals now financially speaking?
Deal Guru
Aug 2, 2010
11027 posts
2268 upvotes
techcrium wrote:
Jul 18th, 2014 9:03 am
so op, what are your goals now financially speaking?
Seems to me it is to stay the course, lol. Why fix it if it ain't broke. Purchasing a home, if he wants to, likely seems to be the only decision he will have to deal with.
Penalty Box
Apr 16, 2012
3565 posts
677 upvotes
Greely
eonibm wrote:
Jul 18th, 2014 12:50 pm
Seems to me it is to stay the course, lol. Why fix it if it ain't broke. Purchasing a home, if he wants to, likely seems to be the only decision he will have to deal with.
Of course but my question is until when? $5mil? $10mil? $50mil?

I am forecasting 12%/yr returns for the next 5 years...which means his $800,000 will turn into a sweet $1.4mil.

Is he still going to live like a student while having $1.4mil in the bank?
Deal Guru
Aug 2, 2010
11027 posts
2268 upvotes
techcrium wrote:
Jul 18th, 2014 3:44 pm
Of course but my question is until when? $5mil? $10mil? $50mil?

I am forecasting 12%/yr returns for the next 5 years...which means his $800,000 will turn into a sweet $1.4mil.

Is he still going to live like a student while having $1.4mil in the bank?
12% returns are highly unlikely given the frothy market. The Shiller CAPE ratio has only been higher 3x in the last century.
Penalty Box
Apr 16, 2012
3565 posts
677 upvotes
Greely
eonibm wrote:
Jul 18th, 2014 5:19 pm
12% returns are highly unlikely given the frothy market. The Shiller CAPE ratio has only been higher 3x in the last century.
According to the Schiller cape..then op never should have started in 2005 when it was mid 20s.

U would have been telling op to pull out every single year except 09
Deal Addict
User avatar
Dec 14, 2010
4349 posts
3335 upvotes
eonibm wrote:
Jul 18th, 2014 5:19 pm
12% returns are highly unlikely given the frothy market. The Shiller CAPE ratio has only been higher 3x in the last century.
Look at it as a market of stocks.... Lots of companies are fairly valued now and forecast to grow earnings at a double digit pace, offering 12% total return or more.

Rod
[OP]
Deal Addict
Oct 1, 2006
1691 posts
655 upvotes
Montreal
techcrium wrote:
Jul 18th, 2014 9:03 am
so op, what are your goals now financially speaking?
The plan is basically just to continue as before. Save 50% of my income and invest my savings in a low cost diversified portfolio.

A goal would be to reach my Findependence day before the age of 40.
[OP]
Deal Addict
Oct 1, 2006
1691 posts
655 upvotes
Montreal
techcrium wrote:
Jul 18th, 2014 3:44 pm
Of course but my question is until when? $5mil? $10mil? $50mil?

I am forecasting 12%/yr returns for the next 5 years...which means his $800,000 will turn into a sweet $1.4mil.

Is he still going to live like a student while having $1.4mil in the bank?
12%/yr is on the high side. I expect more like 5% real return over the long term. I only lived like a student for the first 2 to 3 years after graduation. My expenses are now around 40-50k a year.
Deal Guru
Aug 2, 2010
11027 posts
2268 upvotes
techcrium wrote:
Jul 18th, 2014 5:45 pm
According to the Schiller cape..then op never should have started in 2005 when it was mid 20s.

U would have been telling op to pull out every single year except 09
Not really. Educate yourself about the ratios.
Deal Addict
Sep 6, 2010
1617 posts
325 upvotes
Vancouver
techcrium wrote:
Jul 18th, 2014 3:44 pm
Of course but my question is until when? $5mil? $10mil? $50mil?

I am forecasting 12%/yr returns for the next 5 years...which means his $800,000 will turn into a sweet $1.4mil.

Is he still going to live like a student while having $1.4mil in the bank?
12% returns over the next 5 yrs is pretty wishful.
[OP]
Deal Addict
Oct 1, 2006
1691 posts
655 upvotes
Montreal
12% would be pretty awful. I hope more for 0%. I am still in my accumulation phase. The cheaper equities the better.
Deal Fanatic
Mar 24, 2008
5175 posts
1211 upvotes
Toronto
Germack wrote:
Jul 18th, 2014 9:27 pm
12% would be pretty awful. I hope more for 0%. I am still in my accumulation phase. The cheaper equities the better.
+1

-30% would be ideal. :cheesygri

In fact, I wish for -90% so that I can pile in money for the next 20 years :lol:

Top

Thread Information

There are currently 2 users viewing this thread. (1 member and 1 guest)

doonst