Difu Wu's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/427205/comments http://seekingalpha.com/article/1079091/comments?source=feed#comment-15116901 15116901 Sun, 17 Feb 2013 11:22:06 -0500 http://seekingalpha.com/article/1079091/comments?source=feed#comment-13539521 13539521 Thu, 10 Jan 2013 11:01:17 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-13092641 13092641 Sat, 29 Dec 2012 09:44:10 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-13034171 13034171 Thu, 27 Dec 2012 13:59:26 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-13030381 13030381 Thu, 27 Dec 2012 12:15:11 -0500 http://seekingalpha.com/article/1079091/comments?source=feed#comment-12943111 12943111 Mon, 24 Dec 2012 10:07:23 -0500 http://seekingalpha.com/article/1079091/comments?source=feed#comment-12942901 12942901 Mon, 24 Dec 2012 10:02:41 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-12890861 12890861 Sat, 22 Dec 2012 09:47:48 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-12827871 12827871 Thu, 20 Dec 2012 13:53:26 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-12827681 12827681 Thu, 20 Dec 2012 13:50:26 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-12815661 12815661
GM is a speculative cyclical stock. ]]> Thu, 20 Dec 2012 10:19:51 -0500
GM is a speculative cyclical stock. ]]> http://seekingalpha.com/article/1074151/comments?source=feed#comment-12815431 12815431 Thu, 20 Dec 2012 10:16:17 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-12815381 12815381 http://seekingalpha.co...]]> Thu, 20 Dec 2012 10:15:47 -0500 http://seekingalpha.co...]]> http://seekingalpha.com/article/1074151/comments?source=feed#comment-12815091 12815091 Thu, 20 Dec 2012 10:10:37 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-12814951 12814951 Thu, 20 Dec 2012 10:07:54 -0500 http://seekingalpha.com/article/1074151/comments?source=feed#comment-12814761 12814761 Thu, 20 Dec 2012 10:05:30 -0500 http://seekingalpha.com/article/857601/comments?source=feed#comment-9323041 9323041
Medical costs are frighteningly high. For the reasons you gave, I would strongly favor keeping the nest egg and not buying an annuity. I had no idea insurance cost so much. The high costs of insurance is another reason to save for a bigger nest egg so we don't have to buy that expensive insurance.

On a separate note, there are other ways to prevent a catastrophic medical costs and ending up in that low quality nursing home. Eat healthy (lots and lots of fresh vegetables and fruits, legumes, nuts, seeds, and whole grains; and none of meat, dairy, refined flour and added oil, salt, sugar), exercise at least 30 min a day, avoid smoking, limit alcohol, and have regular screening/preventive care. Also, having a daughter or two is not a bad idea to avoid ending up in that dreadful nursing home.]]> Tue, 11 Sep 2012 12:54:39 -0400
Medical costs are frighteningly high. For the reasons you gave, I would strongly favor keeping the nest egg and not buying an annuity. I had no idea insurance cost so much. The high costs of insurance is another reason to save for a bigger nest egg so we don't have to buy that expensive insurance.

On a separate note, there are other ways to prevent a catastrophic medical costs and ending up in that low quality nursing home. Eat healthy (lots and lots of fresh vegetables and fruits, legumes, nuts, seeds, and whole grains; and none of meat, dairy, refined flour and added oil, salt, sugar), exercise at least 30 min a day, avoid smoking, limit alcohol, and have regular screening/preventive care. Also, having a daughter or two is not a bad idea to avoid ending up in that dreadful nursing home.]]> http://seekingalpha.com/article/857601/comments?source=feed#comment-9317391 9317391
For example, say I spend about $15,000 a year now and, to be safe, I want to live on at least $30,000 a year in retirement. For an ultra conservative 2% withdrawal rate, I need to have $1,500,000 in today's dollars. Since I have another 30 years or so till retirement, I need to factor in about 3-4% inflation. We'll make it 4% to be safe. So the future value of nest egg I need is $1,500,000*(1.04)^30 = $4,865,000 by the time I retire in 30 years. If I can save and invest a set amount of money each year, increase that amount by 4% (rate of inflation), and assume that my investments return a modest 8% a year, how much do I need to save and invest? We'll use the future value annuity with growth formula to solve for A: $4,865,000 = A*[(1.08)^30-(1.04)^30... so A = $23,537 a year, or about $24,000 a year. Remember, I'd need to increase this amount each year by 4% to adjust for inflation. Now, if I don't want to adjust the amount I invest, but rather just invest the same amount each year, I would use the future value annuity without growth formula: $4,865,000 = A*[(1.08)^30-1]/(0.08), so A = $42,945, or about $43,000 a year. I used very conservative numbers in this example (the point is to make sure not to run out of money in retirement), but you can use your own numbers. Also, note that for simplicity I did not account for amount I've already saved, but you can subtract that from the present value of total nest egg you need. Hope this helps!]]> Tue, 11 Sep 2012 10:58:08 -0400
For example, say I spend about $15,000 a year now and, to be safe, I want to live on at least $30,000 a year in retirement. For an ultra conservative 2% withdrawal rate, I need to have $1,500,000 in today's dollars. Since I have another 30 years or so till retirement, I need to factor in about 3-4% inflation. We'll make it 4% to be safe. So the future value of nest egg I need is $1,500,000*(1.04)^30 = $4,865,000 by the time I retire in 30 years. If I can save and invest a set amount of money each year, increase that amount by 4% (rate of inflation), and assume that my investments return a modest 8% a year, how much do I need to save and invest? We'll use the future value annuity with growth formula to solve for A: $4,865,000 = A*[(1.08)^30-(1.04)^30... so A = $23,537 a year, or about $24,000 a year. Remember, I'd need to increase this amount each year by 4% to adjust for inflation. Now, if I don't want to adjust the amount I invest, but rather just invest the same amount each year, I would use the future value annuity without growth formula: $4,865,000 = A*[(1.08)^30-1]/(0.08), so A = $42,945, or about $43,000 a year. I used very conservative numbers in this example (the point is to make sure not to run out of money in retirement), but you can use your own numbers. Also, note that for simplicity I did not account for amount I've already saved, but you can subtract that from the present value of total nest egg you need. Hope this helps!]]> http://seekingalpha.com/article/852771/comments?source=feed#comment-9283751 9283751 Mon, 10 Sep 2012 13:59:03 -0400 http://seekingalpha.com/article/582661/comments?source=feed#comment-9227031 9227031 Sat, 08 Sep 2012 13:52:22 -0400 http://seekingalpha.com/article/582661/comments?source=feed#comment-9197071 9197071
Also, thanks for pointing out it's Keynes who said the quote I attributed to BB. I will own up to my mistake, but my point remains the same nonetheless.]]> Fri, 07 Sep 2012 14:28:12 -0400
Also, thanks for pointing out it's Keynes who said the quote I attributed to BB. I will own up to my mistake, but my point remains the same nonetheless.]]> http://seekingalpha.com/article/582661/comments?source=feed#comment-7454401 7454401
Apple is 2 sigma above its peers in executive compensation. If Apple's exec comp is appropriate, then every company not named Apple must be underpaying their execs. Ha!!

For you only, rubicon, Bernard Barach hath also spoken thus: Apple shall crash and burn, and, in the blink of the eye, it shall suddenly come to naught. Like a thief that cometh in the night, it shall catch thee unawares, and, verily, thou shalt be poorer in spirit and in deed.]]> Tue, 17 Jul 2012 07:45:18 -0400
Apple is 2 sigma above its peers in executive compensation. If Apple's exec comp is appropriate, then every company not named Apple must be underpaying their execs. Ha!!

For you only, rubicon, Bernard Barach hath also spoken thus: Apple shall crash and burn, and, in the blink of the eye, it shall suddenly come to naught. Like a thief that cometh in the night, it shall catch thee unawares, and, verily, thou shalt be poorer in spirit and in deed.]]> http://seekingalpha.com/article/582661/comments?source=feed#comment-7454271 7454271 Tue, 17 Jul 2012 07:36:35 -0400 http://seekingalpha.com/article/582661/comments?source=feed#comment-7416481 7416481 Mon, 16 Jul 2012 07:07:46 -0400 http://seekingalpha.com/article/582661/comments?source=feed#comment-7416381 7416381 Mon, 16 Jul 2012 07:00:31 -0400 http://seekingalpha.com/article/658851/comments?source=feed#comment-7033361 7033361
I would say prices in the 50s to low 60s would be good target prices to buy. A good place to start learning about researching stocks are Ben Graham's books "Intelligent Investor" and "Security Analysis". Once you thoroughly read these two books, you should have a very good grasp on stock investing. Then read other books on investing you may find in your local library.]]> Tue, 03 Jul 2012 12:04:57 -0400
I would say prices in the 50s to low 60s would be good target prices to buy. A good place to start learning about researching stocks are Ben Graham's books "Intelligent Investor" and "Security Analysis". Once you thoroughly read these two books, you should have a very good grasp on stock investing. Then read other books on investing you may find in your local library.]]> http://seekingalpha.com/article/658851/comments?source=feed#comment-6420041 6420041 Thu, 14 Jun 2012 11:33:09 -0400 http://seekingalpha.com/article/658851/comments?source=feed#comment-6419811 6419811 Thu, 14 Jun 2012 11:27:33 -0400 http://seekingalpha.com/article/579001/comments?source=feed#comment-6038801 6038801 Sat, 02 Jun 2012 08:03:33 -0400 http://seekingalpha.com/article/582661/comments?source=feed#comment-5972111 5972111 Thu, 31 May 2012 11:01:32 -0400