Search found 3378 matches

Return to advanced search

Re: International increase in Target Retirement & LifeStrate

I love the term "enhances."

In my view, it's s l o w active management.

Oh, wait. It's based on RE search as in "RE consider."

Now where have I heard that before?!

"Passive" my ....ive. ;-)

Lev
by Levett
Thu Feb 26, 2015 7:22 pm
 
Forum: Investing - Theory, News & General
Topic: International increase in Target Retirement & LifeStrategy
Replies: 49
Views: 2263

Re: Subaru and Consumer Reports ratings

The family has owned four Subies since the late 90s--a Legacy sedan, 2 Foresters (one a turbo), and an Outback. I swear by them, not at them. They are Michigan Tough. The reason for the number of Subies is that I get impatient when I see a new model and trade uP. Been eye-balling the 2015 Outback. :...
by Levett
Wed Feb 25, 2015 3:53 pm
 
Forum: Personal Consumer Issues
Topic: Subaru and Consumer Reports ratings
Replies: 61
Views: 3603

Re: Kotlikoff: When Should you Take Social Security?

I sure found Larry Kotlikoff's previous book, Spend 'Til The End, an enormously useful book. :thumbsup

Lev
by Levett
Wed Feb 25, 2015 5:58 am
 
Forum: Personal Finance (Not Investing)
Topic: Kotlikoff: When Should you Take Social Security?
Replies: 9
Views: 1737

Re: Guns for hunting/defense

I eagerly await the new edition of the Bogleheads Guide to Firearms: How to Protect Your Portfolio from Confiscation.

No doubt it will be a "gem." ;-)

Lev
by Levett
Tue Feb 24, 2015 8:00 pm
 
Forum: Personal Consumer Issues
Topic: Guns for hunting/defense
Replies: 97
Views: 4008

Re: [What to do at] Market Top

"I'm speechless."

But Shiller never is!

Hi. Ho. Hi. Ho. It's off to CNBC we go! ;-)

Lev
by Levett
Mon Feb 23, 2015 8:13 pm
 
Forum: Investing - Theory, News & General
Topic: [What to do at] Market Top
Replies: 57
Views: 4865

Re: Risk--Again. The common stepping stone

A very deep thinker, Samuel Johnson, had one of his characters say of teachers of morality: " Be not too hasty ... to trust, or to admire, the teachers of morality; they discourse like angels, but they live like men." I feel much the same about "teachers" of finance and worrying ...
by Levett
Mon Feb 23, 2015 3:49 pm
 
Forum: Investing - Theory, News & General
Topic: Risk--Again. The common stepping stone
Replies: 43
Views: 2202

Re: Improving the Lifestrategy Funds

Leave them alone. They've made one recent change--likely for the better.

No further need for slice n' dice.

The ER is incredibly reasonable.

Lev
by Levett
Mon Feb 16, 2015 9:07 am
 
Forum: Investing - Theory, News & General
Topic: Improving the Lifestrategy Funds
Replies: 29
Views: 2501

Re: Pfau: Four Risks of Retirement Income

There's much to learn (and perhaps to question) if you do a little digging about the sponsorship of the paper. The outfit is called Annexus Research Institute. We are all capable of drawing our own conclusions. Lev P.S. Is it really true that folks continue to use the 4% SWR "model." Oh, m...
by Levett
Mon Feb 16, 2015 8:11 am
 
Forum: Investing - Theory, News & General
Topic: Pfau: Four Risks of Retirement Income
Replies: 31
Views: 4295

Re: TIAA-CREF dramatically increasing Expense Ratios

I am a very old-fashioned guy, especially when I'm told I'm an "owner," so it puzzles me why pious Vanguard is so mum about its compensation practices. Why it almost feels paternalistic. :wink: On the other hand, I can easily access TIAAs compensation practices and see that last year Roger...
by Levett
Sun Feb 15, 2015 6:03 pm
 
Forum: Investing - Theory, News & General
Topic: TIAA-CREF dramatically increasing Expense Ratios
Replies: 72
Views: 4782

Re: TIAA-CREF dramatically increasing Expense Ratios

" I'd read that wording as meaning that the "amount annuitized" would get the R3 fees, and nothing else." Yes, that's what it says. The amount you annuitize (and there are a good many CREF annuitants) will be charged R3 fees. However, I can't say "nothing else" unless I...
by Levett
Sat Feb 14, 2015 5:00 pm
 
Forum: Investing - Theory, News & General
Topic: TIAA-CREF dramatically increasing Expense Ratios
Replies: 72
Views: 4782

Re: TIAA-CREF dramatically increasing Expense Ratios

I, too, am a retired TIAA-CREF person, though I made use of Vanguard, as well, in my university retirement plan. However, my sense is I may be a bit of an "exception" at this site in that I did choose to annuitize some of my CREF account. Now here's a part of the CREF tiered change that ma...
by Levett
Sat Feb 14, 2015 3:17 pm
 
Forum: Investing - Theory, News & General
Topic: TIAA-CREF dramatically increasing Expense Ratios
Replies: 72
Views: 4782

Re: TIAA-CREF dramatically increasing Expense Ratios

abuss asked about David Swensen. Here is the official announcement from TIAA: " TIAA separately announced that David F. Swensen has retired from the TIAA Board of Trustees, effective July 14th 2011, having served as a trustee since 2003. Dr. Swensen will continue to be actively involved with TI...
by Levett
Sat Feb 14, 2015 7:46 am
 
Forum: Investing - Theory, News & General
Topic: TIAA-CREF dramatically increasing Expense Ratios
Replies: 72
Views: 4782

Re: Vanguard LifeStrategy Growth (and other types) no Int'l

You have just identified one of the many limitations of portfolio watch.

Lev
by Levett
Fri Feb 13, 2015 6:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Vanguard LifeStrategy Growth (and other types) no Int'l bond
Replies: 9
Views: 1188

Re: Social Security as a bond?

Here are the terms of the "debate." For me, I see no debate whatever. Social Security is not a bond.

http://paulmerriman.com/social-security-asset/

Lev
by Levett
Thu Feb 12, 2015 8:03 pm
 
Forum: Investing - Theory, News & General
Topic: Social Security as a bond?
Replies: 47
Views: 3171

Re: Social Security as a bond?

Nisiprius wrote: " What I find deeply troubling is the idea that thinking of Social Security as a bond justifies a change in recommended stock allocation for retirees." I share his concern. Such a "recommendation" (in quotes for a reason) completely overlooks the sense of real ri...
by Levett
Thu Feb 12, 2015 7:41 pm
 
Forum: Investing - Theory, News & General
Topic: Social Security as a bond?
Replies: 47
Views: 3171

Re: A question about LTC insurance that no one asks

Your concern is a legitimate one (I've witnessed two early cases of cognitive impairment), and if the history of previous responses about LTCI is any indication, you can expect not to get much more than predictable responses.

Ultimately, you will have to go with what you think best.

Good luck.

Lev
by Levett
Wed Feb 11, 2015 2:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: A question about LTC insurance that no one asks
Replies: 19
Views: 1657

Re: Wall Street Journal vs. White Coat Investor

Re "active management" (which has been condemned, without qualification , as a "lie"), let me ask who thinks Vanguard is "lying" (a term I obviously find objectionable, but which was introduced by the OP) in the following statement? What we think about investment costs,...
by Levett
Tue Feb 10, 2015 7:48 am
 
Forum: Investing - Theory, News & General
Topic: Wall Street Journal vs. White Coat Investor
Replies: 28
Views: 4553

Re: When 60/40 just isn't appropriate

John Bogle's take on "the policy portfolio":

http://www.vanguard.com/bogle_site/sp20030605.html

Lev
by Levett
Sun Feb 08, 2015 8:04 pm
 
Forum: Investing - Theory, News & General
Topic: When 60/40 just isn't appropriate
Replies: 127
Views: 12980

Re: Is Risk Real?

Paul wrote: "Perceptions of risk can vary greatly" I would put the emphasis on perceptions , not simply among individuals but within individuals. I accepted far more "risk" (as perceived or experienced) at one stage of life than I have at other stages. "Risk," however d...
by Levett
Sun Feb 08, 2015 7:45 pm
 
Forum: Investing - Theory, News & General
Topic: Is Risk Real?
Replies: 74
Views: 3814

Re: Successful investing: Is it luck or skill?

Luck, discipline, patience, and understanding yourself.

I agree that so-called "beating the market" is a foolish objective.

Lev
by Levett
Thu Feb 05, 2015 6:58 am
 
Forum: Investing - Theory, News & General
Topic: Successful investing: Is it luck or skill?
Replies: 26
Views: 2557

Re: Good Wines

Try J. Lohr (Riverstone Chardonnay, Los Osos Merlot, Seven Oaks Cabernet). It's pretty easy, where I live, to find these wines in the $10-$12 range.

Lohr has more upscale brands, but the above will easily pass muster if you are entertaining.

Lev
by Levett
Sat Jan 31, 2015 7:24 am
 
Forum: Personal Consumer Issues
Topic: Good Wines
Replies: 54
Views: 4375

Re: What experts say about $5,000 watches

Me, I have one of them Swiss Army watches to match my Swiss Army knife. Trouble is, once I retired the Swiss Army watch and the Swiss Army knife kinda sit there on my dresser lookin' fairly lonely. Well, wait. I take that back. In a pinch, I use the Swiss Army knife to open up a bottle of wine when ...
by Levett
Mon Jan 26, 2015 7:40 am
 
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 920
Views: 179261

Re: WHAT EXPERTS SAY

Happy Birthday, Taylor.

Lev
by Levett
Sun Jan 25, 2015 3:13 pm
 
Forum: Investing - Theory, News & General
Topic: What Experts Say [about various investing topics]
Replies: 51
Views: 3593

Re: Efficient markets: luck v. skill

" to meet my future financial needs, and within reason wants, without taking undue risk." Precisely. I've been investing since 1968, and have been retired for 15 yrs (almost). And I've met my objectives (with room to spare) by using what Milevsky calls "product allocation." And s...
by Levett
Fri Jan 23, 2015 5:11 pm
 
Forum: Investing - Theory, News & General
Topic: Efficient markets: luck v. skill
Replies: 37
Views: 2635

Re: The "Less Than" a Million $ Club

Here's the most recent analysis I've been able to find of Vanguard's review of its own 401-K accounts:

https://personal.vanguard.com/us/insights/article/401k-balances-062014

Draw your own conclusions. :wink:

Lev
by Levett
Tue Jan 20, 2015 7:45 am
 
Forum: Personal Consumer Issues
Topic: The "Less Than" a Million $ Club
Replies: 73
Views: 11563

Re: Get ready for lower SWR

Here's the most recent (I think) analysis by the CDC.

http://www.cdc.gov/nchs/data/databriefs/db168.htm

Lev
by Levett
Tue Jan 13, 2015 7:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Get ready for lower SWR
Replies: 13
Views: 2081

Re: Parking in Philly?

Study all parking signs carefully. Philly is a parking TRAP.

Lev
by Levett
Mon Jan 12, 2015 8:03 pm
 
Forum: Personal Consumer Issues
Topic: Parking in Philly?
Replies: 2
Views: 399

Re: At Vanguard Active beats Passive

It is, indeed, a strange piece of fluff. (I say this as one who invests in both so-called "active" and "passive.) Three whole years the article says! Amazing. :wink: In my investment lifetime (using the article's measure) I have had 15 3-year investment periods. Gotta go see how I did...
by Levett
Fri Jan 09, 2015 4:57 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard's stockpickers outperform.... [news article]
Replies: 61
Views: 3634

Re: "Vanguard Group execs say deflation a real risk..."

But surely you will admit that Kocherlakota is a noble name. Seriously.

Lev
by Levett
Fri Jan 09, 2015 12:41 pm
 
Forum: Investing - Theory, News & General
Topic: "Vanguard Group execs say deflation a real risk..."
Replies: 61
Views: 6308

Re: "Vanguard Group execs say deflation a real risk..."

Stepping off the curb is also a "real risk."

Look both ways! :wink:

Lev
by Levett
Fri Jan 09, 2015 12:05 pm
 
Forum: Investing - Theory, News & General
Topic: "Vanguard Group execs say deflation a real risk..."
Replies: 61
Views: 6308

Re: Any art "investors" here?

Two things.

1. Lisbon is a wonderful city. Hope to be back in September.

2. Buy, buy, buy!

Bye. :wink:

Lev
by Levett
Thu Jan 08, 2015 1:54 pm
 
Forum: Personal Consumer Issues
Topic: Any art "investors" here?
Replies: 69
Views: 5994

Re: Any art "investors" here?

Here's a true story, Petro (and all credit goes to the missus long before I met her). She began her career in Philly. She and her friends heard about a gent who made beautiful reasonably-priced furniture and, best of all, you could pick your own wood and he would provide you with hand-written design...
by Levett
Thu Jan 08, 2015 12:45 pm
 
Forum: Personal Consumer Issues
Topic: Any art "investors" here?
Replies: 69
Views: 5994

Re: Good day to buy! (Or not!)

"It could be good day to sell for retirees who need their yearly cash for expenses."

Gosh, I hope no retiree in such a situation. That's not my idea of a "plan."

For me (as I retiree), it's a great day to do nothing. 8-)

Lev
by Levett
Tue Jan 06, 2015 12:30 pm
 
Forum: Investing - Theory, News & General
Topic: Good day to buy! (Or not!)
Replies: 25
Views: 2595

Re: "The Most Successful Investors Leave Their Money Alone"

"I guess I'd improve my investment returns by not buying any more personal finance books."

Ain't that the truth!

Lev
by Levett
Mon Jan 05, 2015 6:27 am
 
Forum: Investing - Theory, News & General
Topic: "The Most Successful Investors Leave Their Money Alone"
Replies: 30
Views: 5361

Re: Yet another study on why not to buy long term care insur

Sorry. I find the title of the post bizarre at best. 19% of men and 31% of women is a huge number of human beings. I also find it interesting that if one checks the "study's" bibliography it in no way challenges the comprehensiveness of the following detailed study: http://www.allhealth.or...
by Levett
Sun Jan 04, 2015 4:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Yet another study on why not to buy long term care insurance
Replies: 61
Views: 4511

Re: Jason Zweig: Lessons learned from the year of surprise

"Some of us were smart enough to know what we don't know."

This has always struck me as the right place both to begin and end.

However, it does strike me that it's more ignorant not to invest than to invest.

The trick is to invest within one's comfort zone.

Lev
by Levett
Tue Dec 30, 2014 4:56 pm
 
Forum: Investing - Theory, News & General
Topic: Jason Zweig: Lessons learned from the year of surprise
Replies: 18
Views: 3530

Re: What would you have done differently when retiring?

Raybo,

You nailed it and in the most succinct fashion.

I'm into year 15 of retirement, and the only thing I regret are the memorial services for friends and colleagues.

Lev
by Levett
Mon Dec 29, 2014 6:04 am
 
Forum: Personal Finance (Not Investing)
Topic: What would you have done differently when retiring?
Replies: 107
Views: 10761

Re: Bondpocolyse Question - Am I looking at this wrong?

" I for one am very weary of bonds at these current levels."

Apocalyptic speculations tend to cluster at the end of the year.

Be wary and weary. :wink:

I'm more focused on which wine I should serve first on New Year's Eve. :D

Happy New Year.

Lev
by Levett
Sun Dec 28, 2014 3:43 pm
 
Forum: Investing - Help with Personal Investments
Topic: Bondpocolyse Question - Am I looking at this wrong?
Replies: 41
Views: 3028

Re: Market Up but Wellington way down??? Why???

What John Bogle said about Wellington in this weekend's Wall Street Journal : " I’ve been investing in the Wellington Fund since July 1951, when I went to work at Wellington Management and 15% of my pay, or $37.50, went into it every month as part of the firm’s retirement plan. Then, in the lat...
by Levett
Sun Dec 28, 2014 7:40 am
 
Forum: Investing - Theory, News & General
Topic: Market Up but Wellington way down??? Why???
Replies: 23
Views: 3457

Re: VWINX or 3 fund portfolio

"I feel like I'm in the minority sometimes regarding mixing active and passive" Perhaps you are, Donald. So am I. But it's not about what others say or do. It's about what's best for you, and what independent conclusions you have arrived at after careful examination. Own your own decision...
by Levett
Thu Dec 25, 2014 9:20 am
 
Forum: Investing - Help with Personal Investments
Topic: VWINX or 3 fund portfolio
Replies: 10
Views: 1871

Re: VWELX - no capital gain dividends this year end?

Sure there are. The fund's declaration date is today.

Wellington™ Fund Admiral VWENX 12/24/2014 60% $0.36 $0.32 $2.25 $2.57 3.63%

Wellington Fund Investor VWELX 12/24/2014 60% $0.20 $0.18 $1.30 $1.48 3.61%

Lev
by Levett
Wed Dec 24, 2014 10:54 am
 
Forum: Investing - Help with Personal Investments
Topic: VWELX - no capital gain dividends this year end?
Replies: 2
Views: 514

Re: Using balanced funds to avoid rebalancing

" So while I applaud the post by nisiprius and the clever data mining" That's what's I call a not-so-clever backhanded "compliment." :annoyed I share the view of those who find Nisi's post (as with so many other posts he makes) highly instructive. Nisi is very adept at working a ...
by Levett
Mon Dec 22, 2014 7:59 am
 
Forum: Investing - Theory, News & General
Topic: Using balanced funds to avoid rebalancing
Replies: 30
Views: 2567

Re: What makes you happy in life?

sschullo:

Right on! :thumbsup

Lev
by Levett
Sun Dec 21, 2014 11:57 am
 
Forum: Personal Consumer Issues
Topic: What makes you happy in life?
Replies: 29
Views: 2307

Re: How do you define "being rich"?

Ever seen the movie, Being John Malkovich?

If your name is Rich just make a movie about yourself and call it Being Rich.

Who can doubt you?

Glad to be helpful. :wink:

Lev
by Levett
Sat Dec 20, 2014 3:38 pm
 
Forum: Personal Consumer Issues
Topic: How do you define "being rich"?
Replies: 127
Views: 9525

Re: VWINX declining, any ideas why?

dan,

You may be interested to know that Vanguard, itself, considers Wellesley a "select" fund.

Have a look.

https://investor.vanguard.com/mutual-funds/select-funds

Invest for the long haul.

Lev
by Levett
Fri Dec 19, 2014 7:32 am
 
Forum: Investing - Help with Personal Investments
Topic: VWINX declining, any ideas why?
Replies: 42
Views: 3992

Re: VWINX declining, any ideas why?

Thanks to Nisiprius, especially, for taking the high (instructive) road for a newbie.

Lev
by Levett
Fri Dec 19, 2014 7:02 am
 
Forum: Investing - Help with Personal Investments
Topic: VWINX declining, any ideas why?
Replies: 42
Views: 3992

Re: Long term care insurance?

Scott: You have a genuine ability to cut to the chase--e.g., "The whole debate about self-insure or buy LTCi is a little odd, IMO. I am perfectly capable of running the numbers and determining cost/benefit, and only I can determine what my tolerance for risk is, and how much risk I feel exposed...
by Levett
Tue Dec 16, 2014 2:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance?
Replies: 37
Views: 3205

Re: 403b providers (NOT portfolio advice)

It's not even a close call.

Among the providers listed, TIAA is the least expensive and the most experienced.

Lev
by Levett
Thu Dec 11, 2014 2:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: 403b providers (NOT portfolio advice)
Replies: 10
Views: 858
Next

Return to advanced search