Search found 362 matches

Return to advanced search

Re: Age in Stocks: Should you have a Reverse Glidepath?

Upward, downward; downward, upward. Kitces and Pfau's approach, which I think of as a "bowtie" shape, makes sense to me. As I'm just on the cusp of retiring, I'm at the lowest equities percentage of my investing career. But I haven't moved to K & P's 20 or 30% stock allocation. Rather ...
by Garco
Mon Sep 01, 2014 2:49 pm
 
Forum: Investing - Theory, News & General
Topic: Age in Stocks: Should you have a Reverse Glidepath?
Replies: 21
Views: 1016

Re: Moving after retirement.

I am about to retire, and we are having a hard time with this decision. 1. We live in the upper midwest. Sick of frigid winters. Bored living halfway between two oceans. I grew up on W. Coast but haven't lived there for 50 years! But most of my relatives are strewn up and down the coast, from La Jol...
by Garco
Mon Aug 18, 2014 11:02 am
 
Forum: Personal Consumer Issues
Topic: Moving after retirement.
Replies: 43
Views: 3729

Re: Reminder: Check your 401K contribution rates

I have just changed my TSP contributions to reach the annual maximum during my last week of employment in late September. I had to account for the request date, the next pay-period, and the paycheck date as well as several other factors. It's easy to make a mistake and I am grateful for being able ...
by Garco
Sat Aug 16, 2014 1:31 pm
 
Forum: Investing - Theory, News & General
Topic: Reminder: Check your 401K contribution rates
Replies: 27
Views: 3708

Re: Reminder: Check your 401K contribution rates

I guess mine is simple. There is no match and I just set the dollar amount per check for the 457B and 403B. For my supplemental 403b and my 457b that's what I do (there's no employer match on these funds). This year, in fact, I did the radical thing of taking out >60% of my gross pay for the first ...
by Garco
Sat Aug 16, 2014 11:01 am
 
Forum: Investing - Theory, News & General
Topic: Reminder: Check your 401K contribution rates
Replies: 27
Views: 3708

Re: Where do you store your important documents?

Backed up to my file server and a cloud backup service. Still don't understand everyone's facinatiion with paper. This is fine, but what steps have you taken to be assured that your family can find this information in the event of your sudden death? Have you given access to your file server and/or ...
by Garco
Fri Aug 15, 2014 7:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Where do you store your important documents?
Replies: 38
Views: 3254

Re: Where do you store your important documents?

Our originals (wills) are held by the law firm that prepared them. I have a copy and key relatives have the name, address and phone number of the firm. DITTO. The lawyer also has: * originals of trusts, financial power of attorney, patient advocate, and advanced directives ("do not resuscitate...
by Garco
Wed Aug 13, 2014 11:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Where do you store your important documents?
Replies: 38
Views: 3254

Re: [Poll] How I Feel When I Think about Investing, etc.

Investing, personal finances, money: a mixed bag. I like the "game" of investing but have learned not to enjoy the play itself as opposed to focusing on safe outcomes, i.e., balancing possible gains against risks. More generally, for me personal finances is a bore. I'm not the most organiz...
by Garco
Wed Aug 13, 2014 1:07 pm
 
Forum: Investing - Theory, News & General
Topic: [Poll] How I Feel When I Think about Investing, etc.
Replies: 36
Views: 2366

Re: Most Hated Brokerage Firm? [or one that you love]

Just for the record, I have had a very good experience with Fidelity, both the brokerage, the CMA, and my three qualified (tax deferred) accounts. In contrast to what somebody mentioned above, I find the web site to be very easy to negotiate and it contains a wealth of information. I really like the...
by Garco
Tue Aug 12, 2014 7:02 pm
 
Forum: Investing - Theory, News & General
Topic: Most Hated Brokerage Firm? [or one that you love]
Replies: 74
Views: 7366

Re: A financial “guru” for world travelers?

Just a hunch but I think that trader keeps wandering in order to stay ahead of Interpol.
by Garco
Tue Aug 12, 2014 11:24 am
 
Forum: Investing - Theory, News & General
Topic: A financial “guru” for world travelers?
Replies: 18
Views: 1993

Re: So where's that inflation many forecasted?

Thanks for the reality check, Larry. I do remember the high inflation periods in the 1970's. My salary, however, was keeping ahead in those days. Over the span of my career, I've moved well ahead, roughly tripling my salary in inflation-adjusted terms. Fortunately, high inflation in the U.S. was not...
by Garco
Mon Aug 11, 2014 11:52 am
 
Forum: Investing - Theory, News & General
Topic: So where's that inflation many forecasted?
Replies: 43
Views: 2661

Re: U.S. stocks in freefall

I don't anchor myself with reference to the latest or highest highs in the equities markets, but rather with reference to: (a) my entire portfolio value considering the entire AA (stocks, bonds, real estate, stable value, etc.), and (b) end of the the previous year. While I would like my portfolio t...
by Garco
Fri Aug 08, 2014 3:26 pm
 
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 802
Views: 135596

Re: Public not saving for retirement

Great sad illustrations, Crow Hunter. Borrowing from the 401k is like the home refinance drug that got so many homeowners in trouble before the 2008 crash. Neighbor (finance guy) across the street was urging me to refinance my home (which was paid off) so that I could benefit from the low interest r...
by Garco
Fri Aug 08, 2014 11:01 am
 
Forum: Investing - Theory, News & General
Topic: Public not saving for retirement
Replies: 24
Views: 3555

Re: How many Accounts do you log into and how do you manage?

I don't know the actual number that I have pw's for. On a daily to weekly basis, let me count... NYT, WSJ, email accounts (2: my work + GMail), my brokerage accounts (2), Amazon, Barnes&Noble, Apple, Twitter, FB, HiltonHonors, BaseballProspectus, and a handful of others. Any account that I use r...
by Garco
Fri Aug 08, 2014 10:25 am
 
Forum: Personal Consumer Issues
Topic: How many Accounts do you log into and how do you manage?
Replies: 52
Views: 2551

Re: Public not saving for retirement

The stereotypes and callousness of some of the comments here is appalling. Recommending effectively warehousing old, poor Americans in Southeast Asia? Blaming poverty on tobacco use, beer drinking, and tattoos? Let the poor be poor because Jesus said you can't do anything about it? That is some craz...
by Garco
Fri Aug 08, 2014 9:13 am
 
Forum: Investing - Theory, News & General
Topic: Public not saving for retirement
Replies: 24
Views: 3555

Re: what gender are you?

The Wizard wrote:
HueyLD wrote:I am confused.

What is other?

Other is for those who are confused about their gender assignment...

I didn't know this was an assignment. I'm done with school!!!
by Garco
Wed Aug 06, 2014 1:42 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: what gender are you?
Replies: 27
Views: 4940

Re: Why should a portfolio get safer as one ages?

All this glidepath debate, after Pfau-Kitces and now Arnott, has put me -- within months of retirement -- at a crossroads, at which I've decided to stand pat. I have just under 50% equities and a balanced portfolio across several asset classes. I can afford to take a hit. I don't want to just "...
by Garco
Wed Aug 06, 2014 1:04 pm
 
Forum: Investing - Theory, News & General
Topic: Why should a portfolio get safer as one ages?
Replies: 30
Views: 2796

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

It helps when you've been thru 3 nasty bear markets like I have: 1987, 2000, and 2008. Risk tolerance, like whiskey, is an acquired taste. +1 :beer Hmmm. I learned to like whiskey long before I was in the stock market. But I agree that living through major bear markets (recessions) is a learning ex...
by Garco
Wed Aug 06, 2014 11:36 am
 
Forum: Investing - Theory, News & General
Topic: What actions to take in a stock market crash?
Replies: 85
Views: 5458

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

It helps when you've been thru 3 nasty bear markets like I have: 1987, 2000, and 2008. Risk tolerance, like whiskey, is an acquired taste. I went through all three, Galeno, and each time I reacted differently. 1987: I did nothing. I had just taken on a major administrative role at work, and hardly ...
by Garco
Mon Aug 04, 2014 9:06 pm
 
Forum: Investing - Theory, News & General
Topic: What actions to take in a stock market crash?
Replies: 85
Views: 5458

Re: Arnott's/RAFI 10 year 'expected' returns

<>Personally, I think a better approach is to consider how much risk you can take or are willing to take. THAT sets your AA. That then sets some expected return - expect on the low side to be cautious, but not world record low (could be refined with current valuations, but if you are already conser...
by Garco
Sun Aug 03, 2014 10:46 pm
 
Forum: Investing - Theory, News & General
Topic: Arnott's/RAFI 10 year 'expected' returns
Replies: 78
Views: 4700

Re: How Much Did You Lose Today?

@Redstorm: Grrreeeeeaaat! Thank you!
by Garco
Sun Aug 03, 2014 8:16 am
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 166
Views: 14173

Re: Arnott's/RAFI 10 year 'expected' returns

As a soon-to-be retiree, I think this Arnott estimate gives meaning to thinking of retirement as a "decumulation" stage. Taking the canonical 4% SWR based on a 60/40 portfolio will not keep a steady state amount in my savings over the next 10 years. That amount will be shrinking.
by Garco
Sat Aug 02, 2014 11:56 am
 
Forum: Investing - Theory, News & General
Topic: Arnott's/RAFI 10 year 'expected' returns
Replies: 78
Views: 4700

Re: How Much Did You Lose Today?

That's right. If you can't do like Scrooge McDuck and swim the backstroke in your cash and coins in your private vault, it's not money.
by Garco
Sat Aug 02, 2014 10:13 am
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 166
Views: 14173

Re: How Much Did You Lose Today?

On whether "today" is "yesterday," I think Shakespeare (Macbeth) had the answer hundreds of years ago: "Tomorrow, and tomorrow, and tomorrow, Creeps in this petty pace from day to day, To the last syllable of recorded time; And all our yesterdays have lighted fools The way t...
by Garco
Fri Aug 01, 2014 6:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 166
Views: 14173

Re: How Much Did You Lose Today?

The S&P 500 is up 587% since October 19, 1987. .. I wish I lost a million bucks that day. Using round numbers: start with $4 million. Lose 25% or $1 million. Left with $3 million. Today, $20.6 million. Sounds good to me. This jibes well with a simple practical analysis. A couple of weeks ago, m...
by Garco
Fri Aug 01, 2014 1:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 166
Views: 14173

Re: How Much Did You Lose Today?

I lost ~1% in my main 401k and supplemental qualified funds. But significantly less in my taxable account, which is much more conservative and includes a significant amount of cash and represents about 1/3 of my total investments.
by Garco
Thu Jul 31, 2014 10:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: How Much Did You Lose Today?
Replies: 166
Views: 14173

Re: Help with 401k choices

At your age, you can have an overall asset allocation of 70% stocks, 30% fixed income, or even 80/20. (a) For the stocks (in your 401k), given what you have available, I would split your stocks into three components: 2 U.S. funds -- Vanguard Equity Index [S&P500] and Vanguard Midcap Index -- plu...
by Garco
Thu Jul 31, 2014 10:10 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with 401k choices
Replies: 9
Views: 685

Re: Help me save my parents from Merrill Lynch

Feel free to quote me. I am an attorney, and at one time a full Professor in Consumer Economics. IMHO no ordinary person wants or needs or benefits fr0m an account at Merrill Lynch. Their fees are huge and they have NOTHING special to offer. Fidelity , Schwab and Vanguard have different services an...
by Garco
Wed Jul 30, 2014 12:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help me save my parents from Merrill Lynch
Replies: 54
Views: 6055

Re: Do any boggleheads invest in individual companies?

I own some individual stocks that I inherited. I've begun to consolidate, and to sell off a few of them. But on a couple the capital gains (since the stepped up tax basis date) are very substantial both percentage-wise and in absolute amount, so I have to be strategic about when to sell. For example...
by Garco
Mon Jul 28, 2014 11:27 pm
 
Forum: Investing - Theory, News & General
Topic: Do any boggleheads invest in individual companies?
Replies: 95
Views: 5766

Re: Do you "Tax Adjust" your Asset Allocation (Pre vs Roth,

"About 50-50" is good enough for me. And in fact I have "about 50%" in equities. I have a number of different types of account, and I hold more than just "stocks and bonds." Trying to make any more exact calculations of the effective AA would just be a waste of my time.
by Garco
Mon Jul 21, 2014 10:56 am
 
Forum: Investing - Theory, News & General
Topic: Do you "Tax Adjust" your Asset Allocation (Pre vs Roth, etc)
Replies: 77
Views: 3757

Re: POLL: Do you have a dedicated REIT allocation?

No way ever. Don't need REITS for any reason I can understand. I do own TIAA Real Estate Account (TREA), which, as Nisi mentions above, is a different animal.
by Garco
Fri Jul 18, 2014 9:33 am
 
Forum: Investing - Theory, News & General
Topic: POLL: Do you have a dedicated REIT allocation?
Replies: 123
Views: 7341

Re: Cash allocation in a portfolio

Why does the poll stop at a 5% cash allocation? Am I the only one who believes that cash is a worthy asset class in its own right? I don't think it is, but there is nothing wrong with deciding otherwise, and in that case the allocation could be more than 5%. The "dry powder" metaphor is e...
by Garco
Tue Jul 08, 2014 10:18 am
 
Forum: Investing - Theory, News & General
Topic: Cash allocation in a portfolio
Replies: 42
Views: 3824

Re: Cash allocation in a portfolio

I have three types of cash. (1) Stable value funds that serve as ballast in my qualified investment portfolios (401k etc.), but is not immediately liquid, in return for which I earn about 4% interest. (2) Cash-cash, about 1.5 years, intended as a reserve for current and future consumption , essentia...
by Garco
Mon Jul 07, 2014 8:08 pm
 
Forum: Investing - Theory, News & General
Topic: Cash allocation in a portfolio
Replies: 42
Views: 3824

Re: Individual Asset Volatility and Portfolio Rebalancing

As a mostly slice-and-dicer (with mostly index funds), I don't put rebalancing bands around individual holdings. I do put them around asset classes (stocks, real estate, bonds...). I worry less about volatility (noise) that way. It's good enough, and leaves some room for judgment about how to carry ...
by Garco
Sun Jul 06, 2014 6:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Individual Asset Volatility and Portfolio Rebalancing
Replies: 9
Views: 392

Re: How are you doing through the first half of 2014?

Just to join the crowd. +6.2% ytd from beginning of year (6.0% w/o contributions). My port is 50% equities. Since I'm about to go off payroll (i.e., retire), new contributions will soon stop.
by Garco
Sat Jul 05, 2014 11:24 am
 
Forum: Investing - Theory, News & General
Topic: How are you doing through the first half of 2014?
Replies: 91
Views: 9606

Re: AA: Jump in or glide in with Inheritance Cash?

@utvolfan. I am in a somewhat similar position to yours. On verge of retirement, with about two-thirds of my retirement money in qualified plans (401k's, 457b's, etc.). The other third is in taxable investments and cash (about 60/40 investments/cash). We didn't "accumulate" most of the tax...
by Garco
Sat Jul 05, 2014 1:12 am
 
Forum: Investing - Help with Personal Investments
Topic: AA: Jump in or glide in with Inheritance Cash?
Replies: 23
Views: 2054

Re: Are You Re-Balancing?

I expect to rebalance later this year in connection with taking RMD's -- basically taking some weight from equities. I'm not exactly holding my breath but I have more than one task to accomplish.
by Garco
Thu Jul 03, 2014 10:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: POLL: Are You Re-Balancing?
Replies: 70
Views: 5028

Re: [Poll] Which do you include in Asset Allocation?

Stocks, bonds, real estate (TIAA Real Estate Account), cash. I think cash can be strategically allocated in an investment account. I think derivatives can be included, though I don't own any. I exclude loans and SS, though the former can also be used strategically as investment vehicles -- but that'...
by Garco
Wed Jul 02, 2014 10:25 am
 
Forum: Investing - Theory, News & General
Topic: [Poll] Which do you include in Asset Allocation?
Replies: 41
Views: 2694

Re: SS Gap Until 70?

Looking to bridge the gap untill SS at age 70 (starting at age 60)at which time SS and a small Pension will account for 85% Expensises. My situation is as follows: 1.3 Million Portfolio Small Non Adjusted Pension $14500 Yearly Health Care Provided My question centers around if my portfolio can with...
by Garco
Sat Jun 28, 2014 7:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: SS Gap Until 70?
Replies: 29
Views: 2456

Re: Poll: Retirement tax bracket?

Yes the survey question and the "brackets" were very confusing. I am retired now but was not retired in 2011. While my income in 2011 was almost entirely earned (payroll), my income now is from withdrawals from my tax-deferred accounts and from earnings on my taxable investments. However, ...
by Garco
Mon Jun 23, 2014 8:18 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Retirement tax bracket?
Replies: 24
Views: 2666

Re: Slice and dice and tilting the market

In my main tax deferred account, I use SD, with about 65% LC and 35% Extended Market. This year I reduced the tilt from what had been 40% Extended Market. I do not tilt on the value dimension. I have only about 28% international, so not overweighted there. 20% of my international is EM. ADDED: My su...
by Garco
Mon Jun 23, 2014 1:40 pm
 
Forum: Investing - Theory, News & General
Topic: Slice and dice and tilting the market
Replies: 14
Views: 1065

Re: Portfolio Question: Feel we're at a crossroad in life

To the good advice offered here, I'll just add that a house isn't a one-time purchase of a product with a depreciating value (like a car). You should at least calculate the annual costs of maintenance and improvements (remodeling, etc.), not to mention property taxes. I'll also add that though you a...
by Garco
Sun Jun 22, 2014 10:03 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Question: Feel we're at a crossroad in life
Replies: 29
Views: 1942

Re: Canceling out: SPIA plus Term Life Insurance?

Just to complicate this discussion a little bit, you can also think of an SPIA not for an individual but for a couple -- a 2-life annuity. In this case the survivor would get some fraction (up to 100%) of the annuity amount for as long as s/he lives. If I buy an SPIA that's how I will do it, with 50...
by Garco
Sun Jun 22, 2014 12:45 am
 
Forum: Investing - Theory, News & General
Topic: Canceling out: SPIA plus Term Life Insurance?
Replies: 3
Views: 427

Re: Why does Vanguard sit on your money for a week ?

I had similar experience with Fidelity. Electronically transferred large sum from my bank (credit union), but although the money was withdrawn from my bank the same day it took 3 full business days after the order date (and transfer from my bank) before I could access it at Fidelity -- to trade or w...
by Garco
Fri Jun 20, 2014 12:01 pm
 
Forum: Investing - Theory, News & General
Topic: Why does Vanguard sit on your money for a week ?
Replies: 14
Views: 1527

Re: How compelling is the TIAA Real Estate fund?

Thanks, ogd. Talk about mumbling, that makes zero sense. But enjoy your day.
by Garco
Fri Jun 20, 2014 9:54 am
 
Forum: Investing - Help with Personal Investments
Topic: How compelling is the TIAA Real Estate fund?
Replies: 85
Views: 4607

Re: How do I calculate my capital gains tax?

As a practical solution, since I use Turbotax (TT), it is a cinch to let TT "retrieve" the information about my taxable holdings from my Fidelity account. (TT does the same transfer with several other brokerage houses.) I do cross-check numbers, but the transfer of information to my tax fo...
by Garco
Thu Jun 19, 2014 10:56 pm
 
Forum: Investing - Theory, News & General
Topic: How do I calculate my capital gains tax?
Replies: 7
Views: 669

Re: How compelling is the TIAA Real Estate fund?

ogd: How would you suggest TIAA price the TREA ? I don't know -- try to infer a price from comparable sales and the movement of REITs? It's their problem, and until they solve it with better pricing or much more draconian liquidity restrictions, they have a broken product. I'm sure it's not easy, b...
by Garco
Thu Jun 19, 2014 8:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: How compelling is the TIAA Real Estate fund?
Replies: 85
Views: 4607

Re: How compelling is the TIAA Real Estate fund?

@ogd: The prices (NAV) of TREA do change every day, just not by much, since they're not driven by the everyday emotional shifts of the market for REITs. If you think about it, you'd consider your home investment also to be very steady in value because you don't price it every day. But if, just for ...
by Garco
Thu Jun 19, 2014 3:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: How compelling is the TIAA Real Estate fund?
Replies: 85
Views: 4607

Re: How compelling is the TIAA Real Estate fund?

Somebody above said they've held TREA for 30 years and maybe just broke even. TREA was started in 1995. If you put $10,000 into TREA then and held it even through the crash of 2008-9, you'd now have $31,000. Of course that's nominal, not inflation adjusted. But with such an adjustment (see BLS Infla...
by Garco
Thu Jun 19, 2014 12:05 pm
 
Forum: Investing - Help with Personal Investments
Topic: How compelling is the TIAA Real Estate fund?
Replies: 85
Views: 4607

Re: "Vanguard Retirement Nest Egg Calculator"

According to this calculator, I am going to be rich rich rich after I die. Seriously, it's a toy (and by definition toys are fun!) but isn't that sensitive to how we live or how we die (e.g., if we end up with long-term care costs). I like Fidelity's retirement income planner much more. Both that pl...
by Garco
Thu Jun 19, 2014 11:21 am
 
Forum: Investing - Theory, News & General
Topic: "Vanguard Retirement Nest Egg Calculator"
Replies: 13
Views: 2537

Re: FT: The myth of small-cap outperformance

It's a myth that small cap beats large cap after the 1st year of a bull market? From January 2, 2010 through December 31, 2013, i.e., 4 years, the total return on VINIX (SP500 index) was: 80.28%. In the same time interval, the total return on VIEIX (extended market index) was: 101.81%. This is a fig...
by Garco
Sun Jun 15, 2014 12:53 am
 
Forum: Investing - Theory, News & General
Topic: FT: The myth of small-cap outperformance
Replies: 42
Views: 3880
Next

Return to advanced search