Search found 3178 matches

by Dandy
Mon Jul 06, 2015 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: ss or wait
Replies: 2
Views: 330

Re: ss or wait

That is if nothing is done. Ok it is hard to believe with the gridlock we have seen the past years that something could be done. But, SS only needs a modest tweak to extend the time -- not like Medicare or Medicaid. Politicians have in the past been very hesitant to cut benefits for those receiving ...
by Dandy
Sun Jul 05, 2015 9:58 am
Forum: Investing - Help with Personal Investments
Topic: Am I the Biggest Stooge?
Replies: 34
Views: 4148

Re: Am I the Biggest Stooge?

But how else should one compare investments if not rate of return? As I said if you buy into the index fund philosophy you get what you get and don't get upset. If the index fund is broad based, low cost and tracking its index well you are getting what you paid for. There are no guarantees that it ...
by Dandy
Sun Jul 05, 2015 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Your retirement goals
Replies: 31
Views: 3416

Re: Your retirement goals

*****When do you plan on retiring (age)? Spouse too if applicable. *****What are your retirement income goals annually? *****What do you expect/plan for ss income and when do you plan on talking it(including spouses if applicable)? *****Will your home be paid off at time of retirement? was retired a...
by Dandy
Sun Jul 05, 2015 8:59 am
Forum: Personal Finance (Not Investing)
Topic: I'm spending 20% more than what i estimate. Easy way to track my expenses?
Replies: 52
Views: 3807

Re: I'm spending 20% more than what i estimate. Easy way to track my expenses?

When I was about to retire I need to get a better handle on what my retirement expense would be. I run everything through my checking account so all the outlays are in one place. I set up a relatively simple excel spreadsheet with about 20 categories e.g. one for each credit card, one for each utili...
by Dandy
Sun Jul 05, 2015 8:21 am
Forum: Investing - Theory, News & General
Topic: U.S. Bond Market Bubble
Replies: 44
Views: 4283

Re: U.S. Bond Market Bubble

No one knows for sure. Short duration bonds/funds are likely to be less risky but sometimes they aren't over the short term if those are the interest rates that rise first or the most. My approach was to not put all my fixed income eggs in the intermediate bond fund basket. Some TIPS, some short ter...
by Dandy
Sun Jul 05, 2015 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Am I the Biggest Stooge?
Replies: 34
Views: 4148

Re: Am I the Biggest Stooge?

If you believe in the approach that over time investing in low cost, broad based index funds will return more - most times than active management then you have to accept the returns you get. The alternative is to place your investment fate in your own stock picking expertise or that of active manage...
by Dandy
Sun Jul 05, 2015 7:34 am
Forum: Investing - Help with Personal Investments
Topic: Investing lump sum
Replies: 25
Views: 1793

Re: Investing lump sum

One of the worst things you can do is sit on the sidelines. I get the Greece is an issue - but will things just get kicked down the road? That is why when it comes to how to invest a lump I like a combination of some lump and some DCA. With equity markets at or near highs and interest rates at or ne...
by Dandy
Sat Jul 04, 2015 8:38 am
Forum: Investing - Theory, News & General
Topic: Risk of Rebalancing
Replies: 69
Views: 5670

Re: Risk of Rebalancing

Hard to believe he is a professor. Of course if you rebalance to equities and stocks keep declining and you continue to rebalance you will be worse off than if you hadn't rebalanced -- for awhile - until the market rebounds - as it usually does. Of course if equities are in a protracted decline and ...
by Dandy
Sat Jul 04, 2015 8:04 am
Forum: Investing - Theory, News & General
Topic: "Target Date Funds Are Riskier Than You Think"
Replies: 45
Views: 6743

Re: "Target Date Funds Are Riskier Than You Think"

Target Date Funds are not my cup of tea (due to too much tinkering) but they aren't the horror show that the article projects. I do think that having some short term and TIPS fixed income is worth considering if your portfolio lacks them (also CDs).
by Dandy
Sat Jul 04, 2015 7:23 am
Forum: Investing - Theory, News & General
Topic: Spending from separate retirement buckets
Replies: 46
Views: 4085

Re: Spending from separate retirement buckets

I don't think I use a bucket but you can decide In my TIRA I have VG funds and a large Brokerage CD ladder. When I take RMDs in 3 years I want to take it from the funds not the CD ladder. When a CD matures I'll decide whether to "invest" all or some of the proceeds or continue the CD ladde...
by Dandy
Sat Jul 04, 2015 7:06 am
Forum: Investing - Help with Personal Investments
Topic: Advice for first time Investor.
Replies: 11
Views: 1504

Re: Advice for first time Investor.

I understand that you need to ride out the bear markets with dollar cost averaging) I guess there are several types of understanding for those young people going 100% in stocks. You can understand things intellectually but not really understand it? I would somewhat equate it to "understand&quo...
by Dandy
Sat Jul 04, 2015 6:39 am
Forum: Investing - Help with Personal Investments
Topic: As a target retirement fund investor, should I substitute Admiral Funds for Investor Shares?
Replies: 25
Views: 2114

Re: As a target retirement fund investor, should I substitute Admiral Funds for Investor Shares?

I don't think the difference in expenses between a TD fund and its individual funds is much of a concern. The real question is do you want the simplicity of a somewhat managed fund or a bit more complexity and control of individual funds. You say you don't know a lot about investing so that might me...
by Dandy
Sat Jul 04, 2015 6:16 am
Forum: Investing - Help with Personal Investments
Topic: Million Dollar Question
Replies: 17
Views: 2935

Re: Million Dollar Question

My guess is that given your time in cash and hesitation to put it to work sooner that you probably would be better off with a balanced, life strategy or target date fund. Get the allocation you want - 60 40? and buy one of those funds that comes close to that. That way rebalancing or even glide path...
by Dandy
Fri Jul 03, 2015 6:43 am
Forum: Investing - Help with Personal Investments
Topic: How do you determine your personal glide path?
Replies: 23
Views: 2574

Re: How do you determine your personal glide path?

I don't think you can set your investment plan for retirement in stone. It is wise to have an investment plan but having that plan rule your approach for decades seems problematic. There are just too many variables in your life/expenses/needs and in the economy, interest rates, taxes etc. If you are...
by Dandy
Thu Jul 02, 2015 7:26 pm
Forum: Personal Consumer Issues
Topic: Aren't we overdoing electronic auto safety features?
Replies: 197
Views: 17109

Re: Aren't we overdoing electronic auto safety features?

As noted it isn't all about death. Injury, expense of repair or replacement, law suits, delays, hassle. The prices for these safety/convenience features are often high but I'm sure they will be coming down and getting better.
by Dandy
Thu Jul 02, 2015 7:02 pm
Forum: Personal Consumer Issues
Topic: Do you buy used cars like a Boglehead actually should?
Replies: 168
Views: 19129

Re: Do you buy used cars like a Boglehead actually should?

Sometimes we stretch the concept of what a Boglehead should do. Living below your means is probably a general Boglehead belief. That doesn't always mean buying a used car and driving it into the ground. Sometimes there are times when used car prices are too high. Also, new(er) cars may have safety a...
by Dandy
Thu Jul 02, 2015 6:29 pm
Forum: Personal Consumer Issues
Topic: Used, Reliable, Safe, Financially Sound cars
Replies: 56
Views: 6125

Re: Used, Reliable, Safe, Financially Sound cars

Look at the car issue of Consumer Reports - I believe it is the April issue each year. While they rate the new cars there is always a section on reliable used cars and ones to avoid.
by Dandy
Thu Jul 02, 2015 6:08 pm
Forum: Investing - Theory, News & General
Topic: What is the Duration of Your Bond Portfolio? And Why?
Replies: 60
Views: 5025

Re: What is the Duration of Your Bond Portfolio? And Why?

I favor Wm Bernstein's idea in general. I have 1/3 in intermediate duration, 1/3 in short term duration and 1/3 no loss of principal (ranging from savings account to a 10 yr CD). I guess the intermediate and short term monies would average a duration of about 3.5 years. The other 1/3 would probably ...
by Dandy
Thu Jul 02, 2015 10:24 am
Forum: Investing - Theory, News & General
Topic: Morningstar/Kitces -- Social Security as Part of Asset Allocation
Replies: 34
Views: 3659

Re: Morningstar/Kitces -- Social Security as Part of Asset Allocation

There is a major difference in determining the value of SS as an asset and actually counting it as part of your fixed income allocation. No doubt SS is a valuable asset and those who have it are in much better financial shape than those with the same investable assets but no SS. But, it is an income...
by Dandy
Thu Jul 02, 2015 7:45 am
Forum: Investing - Help with Personal Investments
Topic: How Much Muni Is Too Much Muni?
Replies: 15
Views: 1582

Re: How Much Muni Is Too Much Muni?

In general I don't like to have too much in any asset class. If I recall correctly during the 2008-9 markets munis took an extra hit not just because the recession would hurt state finances but muni's were being unloaded by hedge funds (I assume rather than sell depressed equities). A quick recovery...
by Dandy
Wed Jul 01, 2015 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Is a large emergency fund needed after 59 1/2
Replies: 25
Views: 3365

Re: Is a large emergency fund needed after 59 1/2

During the accumulation phase an emergency fund is mostly for loss of job/income. Most other "emergencies" such as a new roof or car can be handled by a car loan/credit card/HELOC. Retirees usually have the non loss of income emergencies and can usually handle them in the same way. But, th...
by Dandy
Wed Jul 01, 2015 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Pick One of Three! Vanguard Balanced Funds
Replies: 23
Views: 3530

Re: Pick One of Three! Vanguard Balanced Funds

I wanted to simplify my TIRA portfolio and went through the same decision question. I decided on Balanced Index because it is simple, low cost and has been left alone. I know what I am buying. Wellington is an excellent fund but "active" vs passive/index and a bit more expensive. Has a gre...
by Dandy
Wed Jul 01, 2015 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Still having a hard time on retiring
Replies: 49
Views: 9259

Re: Still having a hard time on retiring

Almost everyone has retirement decision jitters. If you are in decent shape financially things usually work out well. You need to figure out what your normal retirement living expenses will be. I would use any projections e.g. firecalc etc as a decent guess. There really are no set it and forget it ...
by Dandy
Wed Jul 01, 2015 8:44 am
Forum: Personal Finance (Not Investing)
Topic: How to predict state taxes to help decide where to live
Replies: 20
Views: 1905

Re: How to predict state taxes to help decide where to live

I realize that state taxes vary greatly as do cost of living so deciding where to live can make a big difference in finances. For, many that is a very critical factor in choosing a place to live. e.g. My parents had to move to Florida because their pension and social security was not nearly enough f...
by Dandy
Wed Jul 01, 2015 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Lucent offering pension buyout to retirees: what to do?
Replies: 55
Views: 6847

Re: Lucent offering pension buyout to retirees: what to do?

The terms offered will be critical to the decision. My only caution is that the lump sum often seems tempting maybe too tempting. Taking on the risk of investing the lump sum to cover you for the rest of your life is not a walk in the park. Don't rely too heavily on what projections of how that lump...
by Dandy
Tue Jun 30, 2015 6:24 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Bond Funds - Total Bond, TIPS, & Total International Bond
Replies: 7
Views: 1210

Re: Vanguard Bond Funds - Total Bond, TIPS, & Total International Bond

Do you invest in TIPS?


Yes the VG Inflation Protection Securities Fund - about 15% of my TIRA. I understand that many retirees may require income vs inflation protection.
by Dandy
Tue Jun 30, 2015 3:58 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Bond Funds - Total Bond, TIPS, & Total International Bond
Replies: 7
Views: 1210

Re: Vanguard Bond Funds - Total Bond, TIPS, & Total International Bond

TIPS funds are making retirees "suffer" with no cash flow from dividends True abuss,and it is hard to get used to little/no/even negative yields. For awhile the total return was decent. But the purpose was inflation protection not yield. It sure was nice when the TIPS fund had some yield ...
by Dandy
Tue Jun 30, 2015 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3150

Re: Vanguard Wellington Fund

sort of worry about asset bloat with Wellington. its up to 90 billion dollars. Can the managers still add advantage at this level of assets? Is it telling that they've limited new investors in 401k plans and such? A reasonable concern - and most funds don't limit investments unless there is a conce...
by Dandy
Tue Jun 30, 2015 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Drawing from Retirement Savings to Delay SS
Replies: 43
Views: 4314

Re: Drawing from Retirement Savings to Delay SS

1. How much of your retirement savings in percentages do you plan on depleting in order to fund your delay? I I was forced to retire at age 60 in 2008 :oops: I made sure I had enough in Savings accounts, CDs, and LTD term tax exempt to fund expenses to age 70. It was about 20% of my investment port...
by Dandy
Tue Jun 30, 2015 7:06 am
Forum: Investing - Theory, News & General
Topic: Vanguard Bond Funds - Total Bond, TIPS, & Total International Bond
Replies: 7
Views: 1210

Re: Vanguard Bond Funds - Total Bond, TIPS, & Total International Bond

It would be interesting to know what percentage or dollar amount of all 3 funds is not due to their inclusion in Target Date or Life Strategy Funds. That would represent a considered choice of an investment rather than more of a forced choice. My feelings are that Total Bond is large basically becau...
by Dandy
Tue Jun 30, 2015 6:49 am
Forum: Investing - Help with Personal Investments
Topic: 10 year Broker CDs vs 10 year Treasury
Replies: 27
Views: 2734

Re: 10 year Broker CDs vs 10 year Treasury

Liquidity is the key concern - if interest rates go up a few percentages you might find it harder or more expensive to sell the brokerage CD vs the Treasury. I use VG brokerage CDs as part of my TIRA fixed income allocation. They are the last products I will tap when RMDs hit -- in fact I will make ...
by Dandy
Tue Jun 30, 2015 6:28 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3150

Re: Vanguard Wellington Fund

Wellington is a fine choice. You might consider Balanced Index Fund - a lower cost, passive, index fund. I prefer going the index fund route whenever I can to keep costs low and avoid any active management risk.
by Dandy
Thu Jun 25, 2015 5:10 am
Forum: Investing - Help with Personal Investments
Topic: pricing of Vanguard's original issue CDs
Replies: 9
Views: 1212

Re: pricing of Vanguard's original issue CDs

If you buy a CD on June 1st and it is scheduled to pay interest semi annually on June 30th you are not entitled to the whole dividend. How is that handled when VG displays your CD purchase price and initial value? It could be that the initial value displayed is reduced by the value of the dividend t...
by Dandy
Thu Jun 25, 2015 4:53 am
Forum: Investing - Help with Personal Investments
Topic: Stable value as alternative to bond exposure?
Replies: 7
Views: 1170

Re: Stable value as alternative to bond exposure?

I like your plan to continue to use the Stable value fund. I would expect that there may be a few years of turmoil in the bond market ahead so why not have some money in something stable that pays an above market yield.
by Dandy
Wed Jun 24, 2015 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Reducing BND before rate increases
Replies: 34
Views: 3396

Re: Reducing BND before rate increases

I tend to agree that automatically putting the rebalance from international into intermediate bonds should not necessarily be automatic. It won't be a disaster if you do it. But keeping some extra cash isn't a bad idea during these "interesting" times (weak pun intended). Maybe a nice savi...
by Dandy
Tue Jun 23, 2015 6:30 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 218
Views: 22626

Re: What was the 2008 crash like in real time?

Jim Cramer was "pounding the table" on his stock market television show claiming the Lehman was a "once in a lifetime buy."

A classic. Of course he was right - not often you can put your money into a brand name stock and lose it all in a flash.
by Dandy
Tue Jun 23, 2015 12:51 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 218
Views: 22626

Re: What was the 2008 crash like in real time?

It was very scary. Nothing like it in my decades of prior investing. Bad news, bad markets, dire predictions, large companies failing, media hype, markets dropping sometimes hundreds of dollars in a day. Politics polarized - bail outs good or evil? Unemployment rising rapidly, states struggling with...
by Dandy
Mon Jun 22, 2015 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Age to Take Social Security: The Ideal and the Reality
Replies: 31
Views: 5423

Re: Age to Take Social Security: The Ideal and the Reality

I guess the reality is a lot of people either need SS early, decided to have more money during their early retirement, are in poor health/have iffy longevity genes, can't fund the delay, or don't understand/fully appreciate the benefits of delay. There is a bias in many things toward immediate grati...
by Dandy
Mon Jun 22, 2015 7:57 am
Forum: Investing - Theory, News & General
Topic: Why do Bogleheads/BiggerPocketers think there is only one way?
Replies: 123
Views: 14099

Re: Why do Bogleheads/BiggerPocketers think there is only one way?

What type of aggressive products are you expecting Bigger Pockets to invest in? Penny stocks? oil wells? use of leverage? individual stocks? What makes you think you (or anyone) will have the expertise/luck to know when to get in and out of these/or other aggressive investments? In my mind the only ...
by Dandy
Mon Jun 22, 2015 6:09 am
Forum: Investing - Help with Personal Investments
Topic: Investing 11 Million Dollar Gift
Replies: 80
Views: 12263

Re: Investing 11 Million Dollar Gift

Congratulations. It is amazing that such good fortune can also be a bit of a worry. I think you are on the right track as far as not getting to fancy/risky with this windfall. You don't need to turn 11 million into 25 million. Your heirs should be in great shape if they inherit just a fraction of th...
by Dandy
Mon Jun 22, 2015 5:55 am
Forum: Investing - Help with Personal Investments
Topic: Role of annuities in low SWR situations
Replies: 29
Views: 3448

Re: Role of annuities in low SWR situations

I am 67 and feel that at age 70 my withdrawal needs will be 2% or less. I would love to use immediate annuities or deferred annuities as part of diversification of my fixed income, additional longevity protection, etc. I have about 2/3 of my investments in a TIRA. When I project the estimated RMDs t...
by Dandy
Mon Jun 22, 2015 5:37 am
Forum: Investing - Help with Personal Investments
Topic: Would you pay an ER of 0.92% for a Life Strategy Fund in a 401k?
Replies: 13
Views: 1507

Re: Would you pay an ER of 0.92% for a Life Strategy Fund in a 401k?

It depends on how much you value simplicity vs the cost of a bit of complexity. Think through how much work/time will be involved in the more complex approach. Calculate the extra dollars of expense each year for the number of years you will be in the plan. Sometimes that makes the trade off decisio...
by Dandy
Sun Jun 21, 2015 1:13 pm
Forum: Investing - Theory, News & General
Topic: "Will Your Bond Holdings Come Through in the Clutch?"
Replies: 10
Views: 2936

Re: "Will Your Bond Holdings Come Through in the Clutch?"

Some Total Bond, some TIPS, some short term bonds and some CDs and even some online Savings. Seems less risky than the moderate risk of the Total bond fund. I expect bond risk to be tame especially compared to equities. We'll see.
by Dandy
Sun Jun 21, 2015 1:09 pm
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 146
Views: 23646

Re: When saving money becomes an irrational obsession

Almost anything can become an obsession - ever seen people that are hoarders? They save old newspapers, and junk so much so they can't even walk in their house. I can see savings becoming an obsession - fear of running out, not knowing how long you will live, media hype on risk, economy, prices goin...
by Dandy
Sun Jun 21, 2015 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Question regarding sharing an inheritance:
Replies: 19
Views: 2159

Re: Question regarding sharing an inheritance:

A lot depends on you read of what your friend wanted when he indicated, in some way, sharing. Absent that I would look to share equally. If not equally, you could risk the friendship of the others. While you inherited the assets without fees giving the other friends money could have issues e.g. gift...
by Dandy
Sun Jun 21, 2015 8:45 am
Forum: Investing - Theory, News & General
Topic: Younger and better educated invest in International...
Replies: 7
Views: 2169

Re: Younger and better educated invest in International...

Interesting but not surprising. With the internet etc we in the US seem to be more internationally aware - especially those that are younger. As far as education you can be smart but not be investment wise. Hard to get investment wisdom from the formal education options. I sense that International i...
by Dandy
Sat Jun 20, 2015 8:53 am
Forum: Investing - Theory, News & General
Topic: Why High Equity Allocation in Retirement
Replies: 78
Views: 10035

Re: Why High Equity Allocation in Retirement

My equity allocation of 35% was determined by doing a bottom up evaluation of my needs over the next 30 years (I am 65). There is usually so much going on as you transition from working to retirement that I don't think most people can just keep their allocation on cruise control. Here are some of t...
by Dandy
Fri Jun 19, 2015 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 17382

Re: Is it worth aspiring to get more?

I made an assumption that the stress of working extra 3 years in one's 50s reduces his active years and longevity by 1 year. Not bad assumptions. I could make the assumptions that the 3 years extra work would not be stressful but enjoyable, that the better mountain location, and a bit more assets w...
by Dandy
Fri Jun 19, 2015 5:30 pm
Forum: Investing - Theory, News & General
Topic: Not Buying a Home Could Cost You
Replies: 36
Views: 7751

Re: Not Buying a Home Could Cost You

I thought I read that over the long term home ownership just about kept up with inflation. I bought my home for 50k 40 years ago and it would sell for about 450k. Sounds great - it is somewhere between 5 and 6% compounded. Not bad. But you have to subtract all the home maintenance and mortgage inter...
by Dandy
Fri Jun 19, 2015 4:59 pm
Forum: Investing - Theory, News & General
Topic: Why High Equity Allocation in Retirement
Replies: 78
Views: 10035

Re: Why High Equity Allocation in Retirement

People who have more than enough can take a higher risk approach and do fine or take an asset preservation approach and be ok also. I believe I have more than enough and take more of an asset preservation approach e.g. 43% equities and 57% fixed income (includes a healthy allocation to CDs). I have ...

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