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Re: What's the riskiest Bogleheadish asset?

Maybe it is one's home? Good call. Honestly, yes. In my case it has been. I hope to goodness that nothing proves riskier than my home has been. At one point, it lost 55% of its value. Now, we are almost back up to 75%. I have put enough into it that I could sell and walk away from it today without ...
by Dulocracy
Tue Sep 09, 2014 6:27 pm
 
Forum: Investing - Theory, News & General
Topic: What's the riskiest Bogleheadish asset?
Replies: 81
Views: 7174

Re: Simplicity vs. Complexity

...This. Seriously, altering the percentage of equities is cherry picking at best, and it is notable that the slice and dice is not along the lines of small or value. As far as the simple/ complex debate on a Boglehead website, how about using a boglehead slice and dice allocation rather than havin...
by Dulocracy
Tue Sep 09, 2014 6:21 pm
 
Forum: Investing - Theory, News & General
Topic: Simplicity vs. Complexity
Replies: 50
Views: 3418

Re: Good Modern Science Fiction

Anything by C. S. Friedman (who incidentally is a female). Especially: In Conquest Born This Alien Shore The Madness Season My favorite of hers is a series that begins with the book: Black Sun Rising. This is more fantasy, but it qualifies as sci-fi. I will not say more, as I do not want to give spo...
by Dulocracy
Tue Sep 09, 2014 6:07 pm
 
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 129
Views: 5544

Re: Property or stock?

While I would NOT go into real estate now (expecially if you will be moving to a different city), it is not a bad way of making money if you are willing to have a second job. A good resource for rental/landlording is: http://forum.mrmoneymustache.com/real-estate-and-landlording/ By the way, a genera...
by Dulocracy
Tue Sep 09, 2014 5:53 pm
 
Forum: Investing - Help with Personal Investments
Topic: Property or stock?
Replies: 24
Views: 2318

Re: Please Help: I am eligible to participate in my first 40

Good advice. I would like to add this. After getting your match of 6%, put $0 towards retirement. Instead, do this: 1) Get $1,000 emergency fund. 2) Aggressively pay off your interest debt. 3) Build emergency fund to 2 months. Even if you are using your ROTH as an emergency fund, you really want 2 m...
by Dulocracy
Tue Sep 09, 2014 5:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Please Help: I am eligible to participate in my first 401K.
Replies: 12
Views: 1216

Re: Employer finding out you have a financial cushion?

To OP: Do not tell. A person I know well that we will call "Susie" works at a Fortune 50 company that has been around a long time. When it comes time for layoffs, the managers often use personal circumstances to make the determination. "Bob has a family and his wife is unemployed, but...
by Dulocracy
Tue Sep 09, 2014 5:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: Employer finding out you have a financial cushion?
Replies: 72
Views: 8334

Re: Employer finding out you have a financial cushion?

The employer also knows your rate of 401k contributions and how much your balance is in your 401k, so they know about some of your cushion... ? I question whether they know the balance. I would like to think there is a firewall between custodian and employer. Can someone confirm? As an employer, I ...
by Dulocracy
Tue Sep 09, 2014 5:24 pm
 
Forum: Personal Finance (Not Investing)
Topic: Employer finding out you have a financial cushion?
Replies: 72
Views: 8334

Re: Atlanta - recommendations on where to live

Where do you work is indeed the issue. Without knowing that, let us examine the following: First, let us start with schools. If great public schools with consistent good marks is the determining factor, you are really looking at East Cobb, North Fulton, and Fayette County as your primary areas. Unfo...
by Dulocracy
Tue Sep 09, 2014 5:10 pm
 
Forum: Personal Consumer Issues
Topic: Atlanta - recommendations on where to live
Replies: 24
Views: 1363

Re: [Helping someone] think like a rich person

A 30-year-old woman, whom my wife and I are very close to, grew up quite poor on the streets of a major city, had minimal contact with her family, and dropped out of high school. She's extremely bright and turned her life around on many levels. She's currently attending a top-10 law school. However...
by Dulocracy
Tue Sep 09, 2014 4:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: [Helping someone] think like a rich person
Replies: 40
Views: 4208

Re: Simplicity vs. Complexity

Shame on them. First of all, the 70/30 portfolio has more exposure to equities than the "complex" portfolio, which has just 55% (excluding REITS) to 60% (including REITS). Since equities are the highest returning asset class over periods this long, we're not on an even footing here. Secon...
by Dulocracy
Tue Sep 09, 2014 4:13 pm
 
Forum: Investing - Theory, News & General
Topic: Simplicity vs. Complexity
Replies: 50
Views: 3418

Re: Rather macabre but necessary question

I am sorry to hear about your diagnosis. My inclination would be to figure out how much money I would need to just get by if it turned out my diagnosis was wrong or they found a wonder drug next year. Keep that set aside. Spread the rest out over 10-12 years and enjoy the rest. If you wind up living...
by Dulocracy
Tue Sep 09, 2014 3:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: Rather macabre but necessary question
Replies: 74
Views: 6337

Re: Bank Closing My Account With No Reason Given

CitiBank has branches in Japan (in Tokyo at least), and I found them to be very helpful while in Japan. I would check them out.
by Dulocracy
Tue Sep 09, 2014 3:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bank Closing My Account With No Reason Given
Replies: 38
Views: 4051

Re: Vanguard Unethical?

There is a certain irony to a lawyer calling out Vanguard for being unethical. Garland Whizzer I agree with sscritic. Law is actually quiet the honorable profession. Because of its self governance and ethical standards, I believe you will find fewer crooked people in the field of law than in other ...
by Dulocracy
Mon Aug 04, 2014 5:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Vanguard sued for charging too little
Replies: 187
Views: 22119

Re: What actions to take in a stock market crash?

Drop of 40% Buy stock index funds. Further drop of 25% Buy more stock index funds. If you are rebalancing, you keep rebalancing as you go (and as your written investment plan states you should). Of course, if I had any extra money lying around I would not need soon, I would use that to buy as well.
by Dulocracy
Mon Aug 04, 2014 5:01 pm
 
Forum: Investing - Theory, News & General
Topic: What actions to take in a stock market crash?
Replies: 85
Views: 5745

Re: Personal win: I am now free of individual holdings!

Taxes were the reason that I was still holding some individual shares. I got rid of the last of it because the gains on the little that I had left were almost identical to the hospital bill I just got. I figured the hospital bill would offset those gains. Not the best scenario, but if the bill is t...
by Dulocracy
Fri Jul 25, 2014 4:24 pm
 
Forum: Investing - Help with Personal Investments
Topic: Personal win: I am now free of individual holdings!
Replies: 18
Views: 1179

Re: Where is your brokerage account?

I hold mutual funds only. I use Vanguard and Fidelity. (I would use only Vanguard if it were not for the 2% cash back on all purchases AmEx I have through Fidelity. It is 2%, so long as the money goes into a Fidelity account.)
by Dulocracy
Fri Jul 25, 2014 4:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Where is your brokerage account?
Replies: 41
Views: 2836

Re: Personal win: I am now free of individual holdings!

Taxes were the reason that I was still holding some individual shares. I got rid of the last of it because the gains on the little that I had left were almost identical to the hospital bill I just got. I figured the hospital bill would offset those gains. Not the best scenario, but if the bill is th...
by Dulocracy
Fri Jul 25, 2014 3:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Personal win: I am now free of individual holdings!
Replies: 18
Views: 1179

Re: Poll: Has your AA changed in the last 18 months

I plan to keep plodding along... no changes at this point in life. If the market drops by 90% or increases by 200%, my AA strategy will remain the same. It will only be altered based on my pre-set, written plan (which does not have any changes for this year).
by Dulocracy
Fri Jul 25, 2014 2:12 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Has your AA changed in the last 18 months
Replies: 58
Views: 3792

Personal win: I am now free of individual holdings!

After becoming a Boglehead, I started getting rid of individual investments. As of yesterday at the end of the day, I sold the very last of the individual shares that I owned. I am now 100% invested in mutual funds. I thought I would share this personal milestone with the board. 8-)
by Dulocracy
Fri Jul 25, 2014 2:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: Personal win: I am now free of individual holdings!
Replies: 18
Views: 1179

What Books to Read on Real Estate Investing?

I am going to start in real estate investing after all tax-advantaged accounts are maxed. As many other Bogleheads also invest in this arena, I am asking for resources that helped you not fail. What are the fundamental books that you believe necessary before investing in rental properties? (I am aim...
by Dulocracy
Tue Jul 01, 2014 4:38 pm
 
Forum: Investing - Help with Personal Investments
Topic: What Books to Read on Real Estate Investing?
Replies: 0
Views: 151

Re: Who do you talk with about your financial goals?

I am a member of a small group that meets monthly. We hold each other accountable. We discuss goals and strategies. Any member can choose their own goals, reject or accept suggestions by others, and define their own path after using the others as a sounding board. Once they state their goals, the me...
by Dulocracy
Tue Jul 01, 2014 3:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Who do you talk with about your financial goals?
Replies: 158
Views: 9491

Re: Eneloop batteries in smoke detectors

I use them in just about everything. No fire yet, but they seem to power the smoke detector well enough.
by Dulocracy
Tue Jul 01, 2014 2:45 pm
 
Forum: Personal Consumer Issues
Topic: Eneloop batteries in smoke detectors
Replies: 36
Views: 1926

Re: Bubble Watch: Credit cards for "riskiest customers"

It is a numbers game. Most of these cards are very low balance. Most people do not immediately default. Between high interest and fees, even with a default, most banks make money on these. When they are done, they sell them off to 3rd party collectors. The good is that it provides an opportunity for...
by Dulocracy
Mon Jun 30, 2014 9:00 am
 
Forum: Investing - Theory, News & General
Topic: Bubble Watch: Credit cards for "riskiest customers"
Replies: 8
Views: 801

Re: Are small and mid caps necessary?

Stocks and bonds are uncorrelated. Can you prove this? Are you suggesting bonds = riskfree asset? Correct me if I am wrong, but I believe his meaning in saying that they were not correlated was that they had low correlation. This does not mean they are risk free at all. It means the risks are diffe...
by Dulocracy
Tue Jun 24, 2014 4:51 pm
 
Forum: Investing - Theory, News & General
Topic: Are small and mid caps necessary?
Replies: 35
Views: 2482

Re: Investment allocation help

I hate to say it, but you have some very high expense ratios in your available options. As there are no small caps available, nor any cheap bond or international, we need to be creative. Strategy 1: First, get all of your bond exposure in your Vanguard accounts. The bonds there will be much cheaper....
by Dulocracy
Tue Jun 24, 2014 4:28 pm
 
Forum: Investing - Help with Personal Investments
Topic: Investment allocation help
Replies: 10
Views: 808

Re: help with 401k investmenti with limited good options

Your second option does not have any international, but I like it better. If you are going to be adding a ROTH IRA to the mix, you can get the international exposure there. The first option has 70% index ret trust fund, but even if you are further out in time, that already has bonds built into it. T...
by Dulocracy
Tue Jun 24, 2014 4:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: help with 401k investmenti with limited good options
Replies: 2
Views: 197

Re: No Roth option in a resident's 403B plan?

1. Is it possible that a hospital 403b plan would not include a Roth option? Yes. 2. Given her 35% bracket, should she contribute or just put it into taxable? (I assume she could eventually or immediately transfer it out and do a ROTH conversion but the less she has to do the better.) She should co...
by Dulocracy
Tue Jun 24, 2014 3:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: No Roth option in a resident's 403B plan?
Replies: 2
Views: 271

Re: First anniversary gift ideas

My wife loves anime (japanese animation). I commissioned a drawing of a couple of wedding pictures from a couple of anime artists over time. In retrospect, it would have been perfect for the 1st anniversary. She LOVED it. If you can find a way of getting an artist to re-create a wedding photo in a s...
by Dulocracy
Tue Jun 24, 2014 3:49 pm
 
Forum: Personal Consumer Issues
Topic: First anniversary gift ideas
Replies: 21
Views: 1186

Re: [Poll] Have you taken any Investments course?

While I have not had a course, I have had a LOT of "textbooks" in the way of the reading list promoted on this site. Also, this site provides an education quickly.
by Dulocracy
Tue Jun 24, 2014 3:01 pm
 
Forum: Investing - Theory, News & General
Topic: [Poll] Have you taken any Investments course?
Replies: 60
Views: 3031

Re: Help devising winning roulette system

I WON AT ROULETTE! HERE IS HOW: (No, this is not a joke or spoof- this really happened.) After some time at the blackjack table enjoying free drinks and pretending I was James Bond or some such, my companion indicated it was sexy time. Having had a set amount to lose in gambling (I wanted the exper...
by Dulocracy
Tue Jun 24, 2014 2:56 pm
 
Forum: Personal Consumer Issues
Topic: Help devising winning roulette system
Replies: 72
Views: 3345

Re: Moving back to the U.S. - Any ideas on a hatchback car?

The Ford Focus is an extremely reliable car. It gets great gas mileage, is inexpensive, and lasts. Manual is an option.
by Dulocracy
Tue Jun 24, 2014 2:10 pm
 
Forum: Personal Consumer Issues
Topic: Moving back to the U.S. - Any ideas on a hatchback car?
Replies: 33
Views: 2031

Re: Best way to send money quickly to parents in Florence, I

Talk to their hotel if it is a major chain or nicer hotel. Some hotels will work a money transfer for you in situations like this. There are fees, and it is not ideal for replacing all of their money, but it can work for a few day's spending money while the rest is sorted out.
by Dulocracy
Tue Jun 24, 2014 2:06 pm
 
Forum: Personal Consumer Issues
Topic: Best way to send money quickly to parents in Florence, Italy
Replies: 18
Views: 1567

Re: Please Help With Beginner's Portfolio- Want to Start Rig

1) Pay off the 5% student loan. This gives you the guaranteed return of 5%, opens cash flow (thereby also reducing the amount of emergency fund you will need), and clears one thing off the books. 2) Max your ROTH IRA. You can never get this tax-advantaged space back. Use it or lose it. If you wind u...
by Dulocracy
Tue Jun 24, 2014 2:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Please Help With Beginner's Portfolio- Want to Start Right
Replies: 10
Views: 1190

Re: "Having the wealth transfer conversation"

My mother provides me with information annually about how her money is set up. I do not look at it or count on anything; I file it in the cabinet. If she needs help with her finances, I will step in and help her manage that money. From our conversations, I think her house is all that will be left. W...
by Dulocracy
Tue Jun 24, 2014 1:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: "Having the wealth transfer conversation"
Replies: 21
Views: 3084

Re: Help devising winning roulette system

I WON AT ROULETTE! HERE IS HOW: (No, this is not a joke or spoof- this really happened.) After some time at the blackjack table enjoying free drinks and pretending I was James Bond or some such, my companion indicated it was sexy time. Having had a set amount to lose in gambling (I wanted the experi...
by Dulocracy
Tue Jun 24, 2014 1:19 pm
 
Forum: Personal Consumer Issues
Topic: Help devising winning roulette system
Replies: 72
Views: 3345

Re: How I win at craps

My detailed plan for winning at craps:

Don't play. :sharebeer
by Dulocracy
Tue Jun 24, 2014 12:40 pm
 
Forum: Personal Consumer Issues
Topic: How I have won at craps
Replies: 20
Views: 2090

Re: Is ROTH is better than traditional in my situation?

The income from your wife and the rental property income is a good reason to favor a lot of Roth money. So is the ability to shelter more money. All that said, I think tax diversification is a useful principle. I'd try to have at least some tax-deferred money as well. What that percentage should be...
by Dulocracy
Mon Jun 23, 2014 7:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is ROTH is better than traditional in my situation?
Replies: 10
Views: 920

Re: Implications on using lump sum payout to payoff mortgage

Another post where people are making suggestions without even knowing what the interest rate is. OP, please furnish your interest rate on the mortgage. Do you itemize? Cosmo Let me be more clear: Even if your interest rate is 0.5%, I would pay off the mortgage for the security of it considering you...
by Dulocracy
Mon Jun 23, 2014 7:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Implications on using lump sum payout to payoff mortgage
Replies: 6
Views: 573

Re: Implications on using lump sum payout to payoff mortgage

Normally, I am not in the pay it off crowd, but I think you should pay it off. Normally, those asking have time until retirement wherein they can utilize a low-interest rate mortgage to borrow cheaply. Investments have time to grow through up and down markets. If interest rates go up, they will be g...
by Dulocracy
Mon Jun 23, 2014 5:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Implications on using lump sum payout to payoff mortgage
Replies: 6
Views: 573

Re: Poll: Dave Ramsey - Harmful or helpful?

Helpful. By far helpful. People get out of debt and start saving for their future. Many on this site have recommended 100% stock portfolios with extra money going to paying off the mortgage instead of bonds. With the current bond market situation, I am not at all convinced that this is a bad long-te...
by Dulocracy
Mon Jun 23, 2014 10:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Dave Ramsey - Harmful or helpful?
Replies: 65
Views: 5351

Re: [Poll] How many brokerage firms do you use for investing

3 now, but I am slowly whittling away at what is in the 3rd to be able to close that account.
by Dulocracy
Mon Jun 23, 2014 10:21 am
 
Forum: Investing - Theory, News & General
Topic: [Poll] How many brokerage firms do you use for investing?
Replies: 43
Views: 2177

Re: B Bernstein on Vgd Mid Cap Value vs Large Value Idx

Jeff Albertson wrote:ER = expected return


ER is Expense Ratio, as used by the poster and many on this site.
by Dulocracy
Mon Jun 23, 2014 9:30 am
 
Forum: Investing - Theory, News & General
Topic: B Bernstein on Vgd Mid Cap Value vs Large Value Idx
Replies: 25
Views: 2924

Re: Any other retirees moving money out of Vanguard?

A financial adviser that I spoke to at a networking event recommends that all of his clients keep 10-20% (depending on total portfolio size) in cash positions. He usually tells folks to shop the local banks. That way, even if things go bad for a while, they have a portion of their money in cash. Of ...
by Dulocracy
Fri Jun 20, 2014 3:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: Any other retirees moving money out of Vanguard?
Replies: 54
Views: 6305

Re: flipping real estate infomercial work?

I heard these seminars teach about using hard money lenders where you can borrow money regardless of your credit. It is higher interest rate. Anyone ever use hard money lenders? I'm surprise the government or FTC haven't shut down these real estate infomercial. Why would they have cause to shut the...
by Dulocracy
Fri Jun 20, 2014 1:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: flipping real estate infomercial work?
Replies: 20
Views: 1667

Is ROTH is better than traditional in my situation?

In a recent discussion started by EmergDoc, the question of ROTH vs. Traditional in a 401k came up. I have said before that I feel that ROTH is the best option for me, and I have seen evidence to back this up. I have also seen evidence to controvert it. The following is an explanation of the specifi...
by Dulocracy
Fri Jun 20, 2014 12:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is ROTH is better than traditional in my situation?
Replies: 10
Views: 920

Re: investment with student loan repayment

You have received a lot of really good replies. I concur with what many say: Save 10% of your income for retirement. Live under your means to build wealth (I did it for years, and I am so glad that I did. Life is much easier because of it. I lived like I was in college the first 4 years I had my law...
by Dulocracy
Fri Jun 20, 2014 11:14 am
 
Forum: Investing - Help with Personal Investments
Topic: investment with student loan repayment
Replies: 54
Views: 2055

Re: Poor options available in 401ks (him and her)

My recommendation: His 401k: 100% NUVEEN EQUITY IDX R3 Her 401k: 50% Vngrd Intl Val Inv (Getting you to 25% international total in 401ks) 50% Vngrd SmCap Val Indx Inv (VISVX) (Getting you to 25% Small/Mid (Both are in this fund) total in 401ks) (Note: Market weight is about 30% Small/Mid cap, so you...
by Dulocracy
Fri Jun 20, 2014 10:40 am
 
Forum: Investing - Help with Personal Investments
Topic: Poor options available in 401ks (him and her)
Replies: 3
Views: 433

Re: Reits in taxable portfolio

I would not have a problem holding REIT funds in my taxable account as a diversifier, but I would hold fewer of them because of the higher taxes. Currently, REIT funds are an important part of our IRA portfolio. When it comes to the point that we need to take funds out, I will want to stay diversifi...
by Dulocracy
Fri Jun 20, 2014 10:22 am
 
Forum: Investing - Help with Personal Investments
Topic: Reits in taxable portfolio
Replies: 4
Views: 589

Re: How do you -gamble- your "fun money"? (if you do)

My play money is for playing. My investing money goes into investments. I am, however, beginning real estate investing, which some consider to be more speculative. That is ONLY after my 401k, wife's 401k, and both Backdoor ROTH IRA's have been maxed.
by Dulocracy
Fri Jun 20, 2014 9:53 am
 
Forum: Investing - Help with Personal Investments
Topic: How do you -gamble- your "fun money"? (if you do)
Replies: 28
Views: 1549

Re: flipping real estate infomercial work?

Some are scams. Some are legit. One that I like so far is Fortune Builders. They are still cheezy, if you ask me, but the information they have given has been good. I like that they said it was hard work and not at all a get rich quick scheme. They focused on how to build a real estate business. Who...
by Dulocracy
Fri Jun 20, 2014 9:43 am
 
Forum: Personal Finance (Not Investing)
Topic: flipping real estate infomercial work?
Replies: 20
Views: 1667
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