Michael James on Money
WEBSep 6, 2024 · The current Costco premium gas price in my area is 174.9 cents/L, and my car as a gas car would cost 13.6 cents/km to run. So, I save 13.6 ‒ 2.4 = 11.2 cents/km. For the 85,000 km I’ve driven so far, I’ve saved about $9500. I didn’t know about one-pedal driving before I bought my Model 3.
Michael James on Money: 2021
WEBDec 31, 2021 · Of the $112,000 jump in stock value, we shifted $65,000 over to bonds, and left only $47,000 of it in stocks. Although the bond allocation went from 20% to 27%, a 35% increase, the dollar amount in bonds rose 65%. This is a substantial shift, and it leaves a healthy bond buffer if stock prices subsequently crash.
Michael James on Money: 2022
WEBDec 30, 2022 · How much can we spend from a portfolio each year in retirement? An early answer to this question came from William Bengen and became known as the 4% rule.Recently, Ben Felix reported on research showing that it’s more sensible to use a 2.7% rule.Here, I examine how a seemingly minor detail, the size of the sampling blocks of stock and bond returns, affects the final conclusion of the safe ...
Michael James on Money: A Life-Long Do-It-Yourself Investing Plan
WEBMar 31, 2021 · A Life-Long Do-It-Yourself Investing Plan. The financial products available today can make do-it-yourself (DIY) investing very easy, as long as you don’t get distracted by bad ideas. Here I map out one possible lifetime plan from early adulthood to retirement for a DIY investor that is easy to follow as long as you don’t get tempted by ...
Michael James on Money: Annually Recalculated Virtual Annuity
WEBJan 17, 2022 · A related idea is the Annually Recalculated Virtual Annuity (ARVA) where you invest as you see fit and choose your retirement spending level as though your portfolio were invested in inflation-protected government bonds. Then each year you recalculate your spending level based on your new portfolio size, your new age, and prevailing bond ...
Michael James on Money: How to Respond to Rising Stock Markets
WEBJul 7, 2021 · As stock markets rise to ever larger price-to-earnings (P/E) ratios, the odds of a market crash grow. However, we can’t know when such a crash might come, so I’m not interested in trying to time a sell-off of all my stocks.
Count on Yourself - Michael James on Money
WEBAug 25, 2020 · Author and personal finance columnist Alison Griffiths wrote the book Count on Yourself aimed at beginning investors to teach them do-it-yourself index investing. She takes a gentle approach starting with interesting stories and working in …
Michael James on Money: Short Takes: Future of Cash Edition
WEBJun 18, 2021 · I have switched to card for 2 reasons: 1. convenience. I often do not know how much cash I have in my valet 2. economics: all prices include bank fees for use of cards.
Invest As I Say, Not As I Do - Michael James on Money
WEBNov 10, 2021 · Hi Graeme, Thanks for the kind words. If you can quantify your savings from using U.S.-listed ETFs and strategic asset location choices, that should give you a good idea of whether the extra effort is worth the return.
What to Do About Crazy Stock Valuations - Michael James on …
WEBDec 13, 2021 · Suppose a $500,000 portfolio with a 20% bond allocation sees a jump in the CAPE from 25 to 32. This is a 28% increase in stock prices. So, we started with $100,000 in bonds and $400,000 in stocks, and the stocks jumped in value to $512,000 for a total portfolio size of $612,000.
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