Random Roger's Retirement Planning

MARCH 24, 2024

Merger arbitrage could have some sort of problem I suppose but the under the symbol MERFX, which goes back to 1990, the worst year for the fund was 2002 when it dropped 5.67% but during that year it did go down 14% before recovering most of that decline before the year ended. That can only be taken as a proxy but it's better than nothing.

Portfolio 84

Portfolio Management Taxes Numbers 84

Random Roger's Retirement Planning

JUNE 3, 2023

One is that a politician who votes to cut benefits or raise the retirement age will probably lose some voter support. Keep in mind that extending the full retirement age (FRA) to 68 or 69 or whatever is a de facto benefit cut. Now comes the grim numbers about how much we have collectively saved for retirement.

Retirement 53

Retirement Taxes Math Accounting 53

Random Roger's Retirement Planning

MAY 6, 2024

In 2000, BPLSX outperformed by 69%, in 2001 it outperformed by 37%, 22% in 2002 and 46% in 2009. That is not a bad result but might be less than you'd think when looking at the CAGR numbers. I outlined the four years that account for just about all of the long term outperformance.

Taxes 89

Taxes Assets Portfolio Management 89

Fortune Financial

OCTOBER 1, 2022

Since 2002, overall carloads on Union Pacific’s network have declined by a bit less than 1% per year, but Union Pacific’s revenues per car have increased 4% per year. ” This lack of viable alternatives is represented in Union Pacific’s pricing power as represented by its revenue per car over time.

Transportation 94

Transportation Financial Advisor Economics Numbers 94

Random Roger's Retirement Planning

OCTOBER 25, 2022

Going back to 2002 and PRPFX has a CAGR that beats VBAIX by 74 basis points annually thanks mostly to how well gold did in the first decade of this century. Portfolio 1 is 75% SPDR S&P 500 (SPY)/25% client and personal holding BTAL, Portfolio 2 is 100% PRPFX and Portfolio 3 is 100% VBAIX.

Portfolio 72

Portfolio Retail Accounting Numbers 72

Mr. Money Mustache

MAY 20, 2022

Even Mr. Money Mustache, as a person who retired 17 years ago, is still in this boat for the simple reason that my retirement income from dividends and hobby businesses is still greater than my annual living expenses (which still hover around $20,000 per year). (It’s Everything else is just silly noise.

Marketing 55

Marketing Marketing Retirement Investing 55

Brown Advisory

APRIL 1, 2020

These strategies may include the conversion of an IRA or qualified retirement plan to a Roth IRA , because the tax consequences of such a conversion are based on asset values at the time of conversion, and any future growth in value will avoid income taxation, both within the plan and at the time of distribution to the plan beneficiary.

Strategic Planning 52

Strategic Planning Planning Marketing Marketing 52

Brown Advisory

APRIL 1, 2020

These strategies may include the conversion of an IRA or qualified retirement plan to a Roth IRA , because the tax consequences of such a conversion are based on asset values at the time of conversion, and any future growth in value will avoid income taxation, both within the plan and at the time of distribution to the plan beneficiary.

Strategic Planning 52

Strategic Planning Planning Marketing Marketing 52

Random Roger's Retirement Planning

DECEMBER 14, 2022

Mr. Backhoe recruited both of us into the fire department in 2002. Somehow, I made it into Prescott, into the parking lot of what I think was an O'Reilly's and it stalled out halfway into the parking spot due to the dip in the lot, four feet short of where I wanted to park. Joellyn and I had a pretty good laugh over that.

Engineering 40

Engineering Recruitment 40

The Irrelevant Investor

DECEMBER 2, 2020

Kleinfeld was coked out of his mind" Sexy Beast, 2000 An ex-hitman tries to retire, but his boss won't let him. The Rules of Attraction, 2002 College kids entangle themselves into a dark web of messed up relationships. "I But quite frankly your attitude appalls me. It's not what you're saying. It's all the stuff you're not saying.

Retirement 52

Retirement Banking Numbers 52

Discipline Funds

MAY 8, 2023

1 So all deposits are held by someone until they’re retired. Instead, we expect this process to be more of a long grinding process like the 2002 re-pricing instead of the panicky 2008 re-pricing. The way this works is that deposits operate like a hot potato in a high inflation environment with a high overnight rate.

Banking 62

Banking Economy Assets Portfolio 62

The Big Picture

OCTOBER 19, 2022

He is the managing director of Vanguard’s Financial Advisor Services Division, where he began back in 2002. We partnered with a firm in this space and developed a module to help with health care costs and determining health care costs in retirement. I worked with Jack Bogle for about eight years before he retired. He retired.

Financial Advisor 277

Financial Advisor Clients Taxes Investing 277

The Big Picture

DECEMBER 12, 2023

You’re 34th, you’re retiring after 34 years and you trounce what’s really the more appropriate benchmark, I would assume the Russell 2000. 00:49:30 [Speaker Changed] I bought it around 2000 and it crashed around 2002. So, so you set to retire as portfolio manager this year, you mentioned your two successors.

Management 259

Management Investing Investments Retail 259

The Big Picture

DECEMBER 19, 2023

I got an internship at a investment fund in Baltimore, and this was 2002 at the time. He, he had retired, retired, but he was still active. And you know, I just, I love biology, you know, the human body is so complex and will never quite understand it. Tell us about what you did at those shops. That was great.

Healthcare 154

Healthcare Portfolio Management Investing 154

The Better Letter

JANUARY 12, 2023

Bernstein, “Forecasting: Fables, Failures, and Futures – Continued,” in Economics and Portfolio Strategy , November 15, 2002, p. Leo Tolstoy was a retired Russian military officer who fought in the Crimean War and was on hand for the siege of Sevastopol in 1854-55. El Ingeniero. RIP, Adolfo Kaminsky. RIP, Jeff Beck.

Economy 117

Economy Economics CFP Management 117

The Big Picture

AUGUST 15, 2023

To give you a fun story, we launched Protégé Partners in 2002. And in 2002, the bucket of the largest hedge funds was those north of $1 billion. SEIDES: Before 2002, there were no capacity issues with whoever you thought the best hedge funds were. If you’re there a decade before, talk about first mover. Oh my goodness.

Management 130

Management Investing Investments Government 130

The Big Picture

APRIL 18, 2023

I think because the private equity investing model has been really good for our clients, which are state pension plans, sovereign wealth funds, you know, ensuring the retirement safety of many — tens of millions of people. And so, that didn’t happen until 2002. I mean, you know, this is probably 2002.

Assets 154

Assets Investing Investments Valuation 154

The Big Picture

MARCH 27, 2023

So you retire in 2018. We talk about an S-curve for most industries, and there’s a very rapid expansion when you start with a good idea, and few people going after a very large pot, especially for distressed when you think of the 2001, 2002 periods. But it was not a liquidity issue. ’08 RITHOLTZ: Really interesting.

Assets 277

Assets Investing Investments Management 277

The Big Picture

AUGUST 29, 2022

And so, I was doing that in 2000, 2002, 2003, 2004. RITHOLTZ: You made my retirement …. My — I’ll say my dad is — well, my dad was a highway or is a — well, he retired, but he would go around and try to get contracts to pave highways. RITHOLTZ: (Inaudible), right. BALCHUNAS: … is really what we — we did.

Assets 164

Assets Management Marketing Marketing 164

The Big Picture

APRIL 11, 2023

But Amazon had a great run, Bezos retires. When the first time I use Google, I want to say it was 2001 or 2002, when it was just so simple. RITHOLTZ: Now, some companies, like Apple and Microsoft, seemed to have held up much better than Tesla, Netflix. I’ll leave out the pelotons — DAMODARAN: Yeah. DAMODARAN: Right.

Valuation 289

Valuation Education Government Numbers 289

Sara Grillo

FEBRUARY 13, 2023

So according to Yardini Research, there was $200 billion of buybacks in quarter two, 2002 for S&P stocks. Like how are you going to get your money back for your retirement in that kind of situation where it’s this catastrophic outcome? In fact, they’re probably net buyers of shares. It’s just not going to happen.

Investing 72

Investing Investments Clients Portfolio 72