Depends.
Depends on your age. If you are 22, a drop in equity is tolerable. If you are 66 and on the cusp of retirement and need this value, then you may have a problem. If yo are fully retired And 84, with margin to lose, a fall in equity wouldn't matter.
So to get a better answer than "don't worry"; What is your age and overall retirement situation?
IS this investment, an investment or play money?
Search found 901 matches
- Fri Dec 05, 2014 8:10 pm
- Forum: Personal Investments
- Topic: should I buy in Record High? S&P 500
- Replies: 43
- Views: 7429
- Fri Dec 05, 2014 11:54 am
- Forum: Investing - Theory, News & General
- Topic: Annuity feature in Target-date mutual funds in 401(k)s
- Replies: 1
- Views: 570
Re: Annuity feature in Target-date mutual funds in 401(k)s
GO to Vanguard' s Annuity section. https://investor.vanguard.com/annuity/
Similarly Fidelity, AIG, Metlife, Lincoln National, JacksonLife etc.
Keep in mind that annuities are insurance and income products and not investment products. There is overlap but keep the distinctions clear.
Know that once you hit RMD or take withdrawals from retirement accounts, you are transitioning from investment/accumulation to income/decummulation.
Similarly Fidelity, AIG, Metlife, Lincoln National, JacksonLife etc.
Keep in mind that annuities are insurance and income products and not investment products. There is overlap but keep the distinctions clear.
Know that once you hit RMD or take withdrawals from retirement accounts, you are transitioning from investment/accumulation to income/decummulation.
- Fri Dec 05, 2014 10:50 am
- Forum: Personal Finance (Not Investing)
- Topic: Why is Dave Ramsey wrong?
- Replies: 180
- Views: 52279
Re: Why is Dave Ramsey wrong?
+ 1 @Johno
- Fri Dec 05, 2014 12:52 am
- Forum: Personal Investments
- Topic: Suddenly Retired, do I have enough?
- Replies: 42
- Views: 9380
Re: Suddenly Retired, do I have enough?
This is the one exception where I give advice.
Go to cash on both the equities and bonds ASAP. Hold cash, as you rearrange your life and determine your risk profile from this time forward. You may lose a few percentage points in the interim but you may save your assets in a black swan event.
In the summer and fall of 2008, I was evaluating some scenarios. I hesitated and had to make a faster decision than I wanted to make.
GL
Go to cash on both the equities and bonds ASAP. Hold cash, as you rearrange your life and determine your risk profile from this time forward. You may lose a few percentage points in the interim but you may save your assets in a black swan event.
In the summer and fall of 2008, I was evaluating some scenarios. I hesitated and had to make a faster decision than I wanted to make.
GL
- Thu Dec 04, 2014 8:45 pm
- Forum: Personal Consumer Issues
- Topic: Youngster talented in science and math
- Replies: 47
- Views: 5966
Re: Youngster talented in science and math
Congrats.
My observation: There are a lot of smart people in this world. It is the one who can sell his ideas to others; Is the one who will make the most money and be the most successful.
My observation: There are a lot of smart people in this world. It is the one who can sell his ideas to others; Is the one who will make the most money and be the most successful.
- Thu Dec 04, 2014 8:09 pm
- Forum: Personal Investments
- Topic: Best Investment Advice For 49-Year Old With Two Million Cash
- Replies: 23
- Views: 4037
Re: Best Investment Advice For 49-Year Old With Two Million
Divorce in a community property state?
Is inheritance community property?
Is inheritance community property?
- Thu Dec 04, 2014 11:27 am
- Forum: Personal Consumer Issues
- Topic: Wedding/Engagement Ring Stones
- Replies: 16
- Views: 3285
Re: Wedding/Engagement Ring Stones
Sorta "none of above".
Bought a loose diamond and had it set in a plainish white gold necklace. She's worn it a handful of times when we were younger.
Our bands we didn't wear because of safety issues in our professions.
It's obvious that we are married- We try too hard to ignore each other.
Bought a loose diamond and had it set in a plainish white gold necklace. She's worn it a handful of times when we were younger.
Our bands we didn't wear because of safety issues in our professions.
It's obvious that we are married- We try too hard to ignore each other.
- Thu Dec 04, 2014 11:02 am
- Forum: Investing - Theory, News & General
- Topic: European underperformance - here to stay?
- Replies: 32
- Views: 3994
Re: European underperformance - here to stay?
I'd like to thank this forum for alerting me to an issue I had with one of our accounts.
I had noticed that this particular account has been lagging the other accounts for some time and very much noticeable at most recent quarterly. Investigation quickly showed that at account's inception (6 years ago) I had tilted towards emerging markets and international plus rebalancing.
I had noticed that this particular account has been lagging the other accounts for some time and very much noticeable at most recent quarterly. Investigation quickly showed that at account's inception (6 years ago) I had tilted towards emerging markets and international plus rebalancing.
- Wed Dec 03, 2014 10:16 pm
- Forum: Personal Finance (Not Investing)
- Topic: Do you celebrate financial milestones?
- Replies: 124
- Views: 20724
Re: Do you celebrate financial milestones?
I did for 2013 when I picked a real winner.Bought a 49cc scooter.
I will for 2014, tba in 2015, when made my target. I am going to buy tba 49hp tractor.
I will for 2014, tba in 2015, when made my target. I am going to buy tba 49hp tractor.
- Wed Dec 03, 2014 4:50 pm
- Forum: Personal Investments
- Topic: Investing for 18 y/o granddaughter [Revocable Trust]
- Replies: 7
- Views: 996
Re: Investing for 18 y/o granddaughter
One alternative. YMMV
Jan 2, 2012 established pseudo college, tax advantaged fund @ $10,000. Today it will be very close to $15500. It is not a 529, UGMA, IRA, ROTH, or Trust. It is in my wife's full ownership. Currently invested in equity MF with a tilt towards midcap and small cap. We expect to hold this "investment" for at least 10 years (2022) before we reevaluate our options. This fund is for a future grandchild(ren) (DS, 29, unmarried, no children or GF that we know), who we hope will be able to the funds in ~22 to 26 years for college Expenses. We will pay any taxes. Age of purchase was 65. DS (only) knows of this fund but is not guaranteed to any inheritance.
GL.
Jan 2, 2012 established pseudo college, tax advantaged fund @ $10,000. Today it will be very close to $15500. It is not a 529, UGMA, IRA, ROTH, or Trust. It is in my wife's full ownership. Currently invested in equity MF with a tilt towards midcap and small cap. We expect to hold this "investment" for at least 10 years (2022) before we reevaluate our options. This fund is for a future grandchild(ren) (DS, 29, unmarried, no children or GF that we know), who we hope will be able to the funds in ~22 to 26 years for college Expenses. We will pay any taxes. Age of purchase was 65. DS (only) knows of this fund but is not guaranteed to any inheritance.
GL.
- Wed Dec 03, 2014 1:22 pm
- Forum: Personal Finance (Not Investing)
- Topic: I think I might have goofed.........
- Replies: 15
- Views: 3421
Re: I think I might have goofed.........
IMO
Pay the Man.
What you are paying for is a relationship that you may need later on. Unfortunately in order to find a good relationship, you will need to shell out some money for some small service. Think the first date.
Pay the Man.
What you are paying for is a relationship that you may need later on. Unfortunately in order to find a good relationship, you will need to shell out some money for some small service. Think the first date.
- Wed Dec 03, 2014 1:03 pm
- Forum: Personal Investments
- Topic: Oil wells
- Replies: 12
- Views: 1720
Re: Oil wells
Have you exercised the RSUs?
Your post sounds like you exercised the option and sold the units. ?
Your post sounds like you exercised the option and sold the units. ?
- Wed Dec 03, 2014 12:54 pm
- Forum: Investing - Theory, News & General
- Topic: Ken Fisher - Why I hate annuities
- Replies: 69
- Views: 10449
Re: Ken Fisher - Why I hate annuities
I am sensing a delimiter with the annuity issues. Those that have enough in their portfolio to comfortably live on may find the vehicle of an annuity to perform the task of providing a steady, even, stream of payments (income) over an anticipated (estimated) timeline. This serves as a convenience, a convenient way to ease the gap between retirement and receiving SS benefits for some and another function for others. But the common theme is it is a convenience, and only really does help those that have enough at that point, otherwise it doesn't work (but nothing would anyways!). And the common misconception that annuities are an investment product as opposed to insurance or just fancy banking seem to stem from discussions of those that do no...
- Wed Dec 03, 2014 12:04 pm
- Forum: Personal Investments
- Topic: Asset Allocation and Pension
- Replies: 2
- Views: 514
Re: Asset Allocation and Pension
While you're at this calc. You should include your current SS payout into the bond/safe portion.
- Wed Dec 03, 2014 11:46 am
- Forum: Personal Consumer Issues
- Topic: A simple coffee maker
- Replies: 38
- Views: 12112
Re: A simple coffee maker
BTW, the water that you are using is carbon filtered to remove chlorine and organics, correct?
- Wed Dec 03, 2014 12:41 am
- Forum: Investing - Theory, News & General
- Topic: What % of your fixed-income is TIPs?
- Replies: 71
- Views: 6685
Re: What % of your fixed-income is TIPs?
That TIPS bump, https://www.google.com/finance?q=NYSEARCA%3ATIP&ei=Lpx-VMll0bWIAqe3gOgH As my older bro told it, the major financial institutions were trying to buy high quality assets (later part of 2007 to mid 2008) that paid them money (ie Treasuries). The traditional AssetBackedSecurity, MortgageBS, StudentLoanS, AutoLoanS, Credit CardS, Unsecured Personal Loan securities, were tettering. When Lehman and mortgage originators failed, selling any and all assets of worth, to raise cash, was immediately paramount along with the FedReserve & US Treasury buying and guaranteeing the credit assets. With all that selling of TIPS, term Treasuries, and ABS, prices fell just as fast and deeply as any Index. If you overlay the SP500/VTI/VTSA...
- Tue Dec 02, 2014 8:52 pm
- Forum: Personal Investments
- Topic: Newbie close to retirement - need advice
- Replies: 11
- Views: 1956
Re: Newbie close to retirement - need advice
Some expects say that the most critical time in retirement $$$$, is the time just before retirement date AND the time immediately after, be it a few years, months or days. I would agree to this since we were totally unprepared for 2007-2009, the Great Recession. I 've only this year, become comfortable in our financial retirement situation.
If another black swan hits on 12/07, how would you and your retirement plans hold up? Or if, one month into retirement the swan appears?? Devise and implement a plan ASAP.
If another black swan hits on 12/07, how would you and your retirement plans hold up? Or if, one month into retirement the swan appears?? Devise and implement a plan ASAP.
- Tue Dec 02, 2014 4:56 pm
- Forum: Personal Finance (Not Investing)
- Topic: Why is Dave Ramsey wrong?
- Replies: 180
- Views: 52279
Re: Why is Dave Ramsey wrong?
stemikger wrote:Whether you like Dave or dislike him, I think we all agree his investment advice is not appropriate for most people. However, how do you feel about putting off saving for retirement until you get out of debt. In his own words, Dave does say most Gazelle Intense participants get out of debt in about 18 months. Do you think one should save something during that time or do you agree with Dave on this point.
I think you made over reaching assumptions
Yes I do agree with DR.
- Tue Dec 02, 2014 4:33 pm
- Forum: Personal Finance (Not Investing)
- Topic: UGMA/UTMA Strategy
- Replies: 15
- Views: 2482
Re: UGMA/UTMA Strategy
The quicker the UGMA gets to a tax paying position, the better off your pocket will be.
Do not mistake paying taxes is a failure in investment. Paying taxes on a successful UGMA is the desire goal.
Think about it
Do not mistake paying taxes is a failure in investment. Paying taxes on a successful UGMA is the desire goal.
Think about it
- Tue Dec 02, 2014 4:23 pm
- Forum: Personal Investments
- Topic: 529 for parents?
- Replies: 16
- Views: 2488
Re: 529 for parents?
Savingforcollege.com is the expert
- Tue Dec 02, 2014 12:43 pm
- Forum: Investing - Theory, News & General
- Topic: Ken Fisher - Why I hate annuities
- Replies: 69
- Views: 10449
Re: Ken Fisher - Why I hate annuities
I comment a lot on having Income, deferred, Annuities because they are (IMO) a reasonable alternative for those who DIY And fairly near to or from retirement. You kinda know who they are because they have started to Vanguard their portfolio after moving from their long time FA. These people are concerned about fees, AA, periodic rebalancing, and the biggest tell is age-based, asset allocation. They are trying to rationalize their risk tolerance through asset modeling but don't see that the trade-off is yield while still retaining or taking on other substantial risks. Often times I read about the risk in an annuity company's future survival. Have we Americans, forgotten that politically, we have come within hours of not honoring "safe a...
- Tue Dec 02, 2014 1:45 am
- Forum: Investing - Theory, News & General
- Topic: Ken Fisher - Why I hate annuities
- Replies: 69
- Views: 10449
- Tue Dec 02, 2014 1:12 am
- Forum: Personal Investments
- Topic: An overdue update from a "panicked investor"
- Replies: 86
- Views: 12662
Re: An overdue update from a "panicked investor"
A FA is not going to aid OP.
OP knows what he is doing.
If he is any good of a trader, he has more than 2x his discretionary investments since 2011. A 50% loss meerly puts him back to Go. More importantly, We barely turned the Great Recession around, Will the next market collapse be just 50% ¿ ?
OP knows what he is doing.
If he is any good of a trader, he has more than 2x his discretionary investments since 2011. A 50% loss meerly puts him back to Go. More importantly, We barely turned the Great Recession around, Will the next market collapse be just 50% ¿ ?
- Mon Dec 01, 2014 8:59 pm
- Forum: Personal Finance (Not Investing)
- Topic: Help with too much cash
- Replies: 13
- Views: 2071
Re: Help with too much cash
With indexes high and at your age and retirement funds base,, I'd look at step-up, deferred variable annuity or GWIB annuity. Ladder the amount. Start at the minimum buy. You should hold until out of surrender. Select aggressive to nearest fund combination to VTI. Do not select any bonds or low yields since you are looking for the market step ups. You win when market falls (good time to buy bc market is currently high). You win when market rises above fees. This is a mimicked, "butterfly" option. At the end of the surrender you can evaluate any alternatives, which includes termination of contract. For us, these contracts represented 1) portfolio insurance/risk transfer. Artificial pension with inflation and deflation protection; 2...
- Mon Dec 01, 2014 7:45 pm
- Forum: Investing - Theory, News & General
- Topic: Any Momentum Investors Out There?
- Replies: 132
- Views: 33397
Re: Any Momentum Investors Out There?
At the beginning of year, target +10% of the investing portfolio. By mid year and onwards, I target at least the sp500, (VTI). I trade often at +2 or if momentum indicates otherwise using limit sales. I buy on limit orders, often establishing the low bid. I should sell at -15% but normally hold too long. I buy off highs, on a recent low. I buy disruptive companies. Best in class. I listen to Jim Cramer interviews. Trade local utility for its 4% dividends and 6-8%+, total yield. Currently 90% cash, hold small amount of local gas utility. I do not day trade. I am active at 3-4 trades/week. Ytd, +30% and +10% on my two primary trading accts, tax advantaged. Liquidated risk by early Oct. and before mid Oct declines. Probably little to no furthe...
- Mon Dec 01, 2014 5:12 pm
- Forum: Personal Investments
- Topic: MLP ETFs
- Replies: 15
- Views: 2863
Re: MLP ETFs
I tried ALMP couple of years ago. Wanted to avoid the k-1s since dividends are true dividends. Came to conclusion that it had too many moving parts and that my local gas utility with then +4% yield was better. I shoot for 6-8% total yield with buy & sells throughout the year. Most of trades are in our tax advantaged retirement portfolios.
- Mon Dec 01, 2014 2:02 pm
- Forum: Personal Consumer Issues
- Topic: A simple coffee maker
- Replies: 38
- Views: 12112
Re: A simple coffee maker
I use Melitta funnel, filter and electric boiling water kettle. Obviously I use my own coffee. I like coffee fresh brewed, without the bitter oils, and Never on a warmer.
- Mon Dec 01, 2014 12:41 pm
- Forum: Personal Investments
- Topic: 529 for parents?
- Replies: 16
- Views: 2488
Re: 529 for parents?
Came to the same conclusion in 1985 when our Only was born. Only tax qualified program$ we had was UGMA, EE (did not have education EE bonds) and cash value LI. :D We ignored the LI. :wink: We did EE(4% minimum rate, 6% then current rate), Aggressive and balanced MFs, and individual stocks ( buy and hold, somewhat speculative. Hit one stock with 7x gains in ~21 years not including divs ). I think in roughly equal amounts. We contributed annual to MFs for 12 yrs. We were average household income for our locale. We almost hit the target of full COA, until 9/11. Matriculation 2002, at 17. Final tally at graduation, 2006: 1 yr tuition from grants and scholarships. 1 yr tuition from UGMA, Room & board + 20 rt county plane tickets on the Hous...
- Mon Dec 01, 2014 11:42 am
- Forum: Personal Investments
- Topic: 529 for parents?
- Replies: 16
- Views: 2488
Re: 529 for parents?
The Indexer' s Dilemmas.
- Mon Dec 01, 2014 11:05 am
- Forum: Investing - Theory, News & General
- Topic: Ken Fisher - Why I hate annuities
- Replies: 69
- Views: 10449
Re: Ken Fisher - Why I hate annuities
I had a salesman stop by last summer.
He gave me brochure, the same brochure that I got in the mail.
I told him that I had butterfly variable and fixed indexed annuities.
Asked him to please sell me something.
he he left after 5 minutes having said nothing.
Brochure says that they will tailor a portfolio for you.
He gave me brochure, the same brochure that I got in the mail.
I told him that I had butterfly variable and fixed indexed annuities.
Asked him to please sell me something.
he he left after 5 minutes having said nothing.
Brochure says that they will tailor a portfolio for you.
- Mon Dec 01, 2014 2:20 am
- Forum: Personal Investments
- Topic: 529 for parents?
- Replies: 16
- Views: 2488
Re: 529 for parents?
I am guessing that the 529 gains is insufficient to meet children's future college expenses that you desire.?
- Sun Nov 30, 2014 3:01 am
- Forum: Personal Investments
- Topic: An overdue update from a "panicked investor"
- Replies: 86
- Views: 12662
Re: An overdue update from a "panicked investor"
IMO, with so much human capital (earning power) , you can call any AA that you want. ALL equity does make sense because you can recover fairy easily. Any bonds in portfolio doesn't make sense because again your earning power simply swamps any bond gains and any bond changes will be quick and potentially/probably negative. Your future SS can be considered as a low yielding, secure bonds that guarantees a minimum income level. We are 64/67, and essentially live very carefully, no debt, no mortgage, have LTCi, all equity deferred variable annuities, all equity indexes, and trading accounts. The trading acct, I liquidated the momentum stocks in Sept-Oct, nearly all of the utility by mid Nov. Once a year, i like to be either mentally or actually...
- Sun Nov 30, 2014 12:23 am
- Forum: Personal Finance (Not Investing)
- Topic: Why is Dave Ramsey wrong?
- Replies: 180
- Views: 52279
Re: Why is Dave Ramsey wrong?
His target audience is solid middle income and lower income
If a family is in debt, how does that family get into investments for retirement and who will help this family?
This is the market of ALW, Orman, and Ramsey.
Tony Robbins' new book is targeted towards solid mid income to the 35% bracket. He devotes about 10 pages to debt.
If a family is in debt, how does that family get into investments for retirement and who will help this family?
This is the market of ALW, Orman, and Ramsey.
Tony Robbins' new book is targeted towards solid mid income to the 35% bracket. He devotes about 10 pages to debt.
- Sat Nov 29, 2014 11:29 pm
- Forum: Investing - Theory, News & General
- Topic: I'm getting Slaughtered in stocks
- Replies: 43
- Views: 7977
Re: I'm getting Slaughtered in stocks
I figure that it takes at least 2 losing stocks to make one winning stock.
Last year, a stock picking strategy worked for me. This year, a faster cycle and momentum picks worked.
Our trading portfolio is a much higher percentage than yours. I had to take bigger risks to get back to pre 2007 and to reach original FI number number. We have theoretically hit The Number with the help of our butterfly deferred annuities. I think 2015, I will concentrate on our local utility paying 4% divs.
Last year, a stock picking strategy worked for me. This year, a faster cycle and momentum picks worked.
Our trading portfolio is a much higher percentage than yours. I had to take bigger risks to get back to pre 2007 and to reach original FI number number. We have theoretically hit The Number with the help of our butterfly deferred annuities. I think 2015, I will concentrate on our local utility paying 4% divs.
- Sat Nov 29, 2014 8:35 pm
- Forum: Personal Investments
- Topic: Where to put extra non retirement money?
- Replies: 8
- Views: 1701
Re: Where to put extra non retirement money?
^ +1 to john3754. When DS started in his career at the bottom of the Great Recession, May 2005. I told him to save a portion of his pay for future big ticket items like a car, home, or marriage. Maximizing 401k/403b/457 is less important than a Roth and even less than achieving a pile of money for choices. He already had Vanguard s in his ROTH. He chose to do something tax efficient like indexes or dividend payers. But wifey and I both knew that if wanted to buy a house in his location, that his savings rate may not be enough to overcome housing inflation. Sometimes you need to chance the excess money... look into specific stock securities and be aware of the risks. DS took our advice and the strategy worked. He had +1 year in the stocks to...
- Sat Nov 29, 2014 7:37 pm
- Forum: Personal Investments
- Topic: How To Invest Your Emergency Fund?
- Replies: 98
- Views: 31190
Re: How To Invest Your Emergency Fund?
I keep repeating that there is a way to do this, but not many will even look at this alternative.
Butterfly annuities.
Butterfly annuities.
- Sat Nov 29, 2014 3:27 pm
- Forum: Personal Investments
- Topic: Diversification and Rebalancing questions
- Replies: 27
- Views: 2597
Re: Diversification and Rebalancing questions
Will your current AA get you to your Number?
Will bonds be a drag to getting to your Number?
Will you rebalance into a declining bond environment?
Will bonds be a drag to getting to your Number?
Will you rebalance into a declining bond environment?
- Sat Nov 29, 2014 3:16 pm
- Forum: Investing - Theory, News & General
- Topic: The Whole Ball Game Of Equity Investing As I See It
- Replies: 33
- Views: 5758
Re: The Whole Ball Game Of Equity Investing As I See It
[quote="selftalk", "the OP"]I wish we had more excitement than this although too much isn`t healthy. Perhaps we should go into politics where the action is for the moment. My portfolio consists of VTCLX in taxable via dollar cost averaging still and the IRA consists of VICSX and VBTLX for income and VTSAX. Not too exciting huh but I hope it does the job. It hasn`t been emotionally easy to dollar cost average in these times but I tell myself there were other times in history that things looked mighty terrible also. Today I bought more VTCLX. It may prove a good price in 5 years.[/quote]
On another thread, someone said that Bogle thinks that SS should be part of your AA , bonds.
On another thread, someone said that Bogle thinks that SS should be part of your AA , bonds.
- Sat Nov 29, 2014 11:57 am
- Forum: Personal Investments
- Topic: New to investment
- Replies: 22
- Views: 2588
Re: New to investment
One question: Do you have a FI number and Date?
Followup: Will your AA historical CAGR meet your FI and date?
Followup: Will your AA historical CAGR meet your FI and date?
- Sat Nov 29, 2014 10:53 am
- Forum: Investing - Theory, News & General
- Topic: I'm getting Slaughtered in stocks
- Replies: 43
- Views: 7977
Re: I'm getting Slaughtered in stocks
@tuningfork. We must have worked at the same co.
I have bought stock in tis company too, Did some fast and furious trades by gambling even more money on the dips and selling at the bounce. Got out OK. Company was toast in 3 more months.
I have bought stock in tis company too, Did some fast and furious trades by gambling even more money on the dips and selling at the bounce. Got out OK. Company was toast in 3 more months.
- Fri Nov 28, 2014 10:27 pm
- Forum: Investing - Theory, News & General
- Topic: The Whole Ball Game Of Equity Investing As I See It
- Replies: 33
- Views: 5758
Re: The Whole Ball Game Of Equity Investing As I See It
The general indexes are great.
The more volatile the index, when you buy into or sell out of that index becomes more important.
How old you are in the investment cycle or how long you intend to hold that index is important.
What your investment goals are important.
These three thoughts have to be in sync for any investment to work properly.
OP, if you are early or mid cycle (high human capital) in the retirement cycle, you are very different than someone close to retirement (low human capital). You are, however, closer in investment philosophy to someone who is retired And who has more than enough retirement funds.
Can you see why?
The more volatile the index, when you buy into or sell out of that index becomes more important.
How old you are in the investment cycle or how long you intend to hold that index is important.
What your investment goals are important.
These three thoughts have to be in sync for any investment to work properly.
OP, if you are early or mid cycle (high human capital) in the retirement cycle, you are very different than someone close to retirement (low human capital). You are, however, closer in investment philosophy to someone who is retired And who has more than enough retirement funds.
Can you see why?
- Fri Nov 28, 2014 12:36 pm
- Forum: Personal Investments
- Topic: How To Invest Your Emergency Fund?
- Replies: 98
- Views: 31190
Re: How To Invest Your Emergency Fund?
We no longer have a dedicated Efund. I hit The Numbers. I will make money both major up and down markets. We also invested in DS who can provide us with short term funds
Until that time he gets married, we will continue to use DS as a piggy bank. Get a clue, son.
Until that time he gets married, we will continue to use DS as a piggy bank. Get a clue, son.
- Thu Nov 27, 2014 9:34 pm
- Forum: Personal Investments
- Topic: Investing options for my child
- Replies: 26
- Views: 4664
Re: Investing options for my child
high risk, high reward plan I think most parents need to ask how much do they and family want to fund education and other stuff. A high funding target but low risk may not reach goals unless there is a lot of moolah invested, much like Retirement funding. In practice, any contributions after HS sophomore year does not have enough time to grow for use by a college senior. By 1st semester, you will be making current college expenses. We did UGMA in 1985. I seem to remember 529 came to our state in 2000. Bought EE that had guaranteed 4%, current rate @6%. Sold them to pay student loan interest 2002-2006 when interest guarantee expired. Grandmother gave son some stock which we converted to mutuals We bought smallcap stocks by dollar cost and d...
- Thu Nov 27, 2014 5:51 pm
- Forum: Investing - Theory, News & General
- Topic: Count Capitalized Pension Benefits Cash/Bonds for Portfolio?
- Replies: 31
- Views: 6464
Re: Count Capitalized Pension Benefits Cash/Bonds for Portfo
If Bogle says to count it, Count It.
I'm guessing bc SS is inflation protected (mimicks TIPS and associated risks).
Be aware that if you do count SS and pensions, then your AA is going to change and hugely different from many pundits' recs.
I count SS and Pension as income. I count SS and Pension as part of AA (long bonds). I do not count them as discretionary or part of any funds that need awareness of safe withdrawal.
I guess I am going to restate my AA going forward..
I'm guessing bc SS is inflation protected (mimicks TIPS and associated risks).
Be aware that if you do count SS and pensions, then your AA is going to change and hugely different from many pundits' recs.
I count SS and Pension as income. I count SS and Pension as part of AA (long bonds). I do not count them as discretionary or part of any funds that need awareness of safe withdrawal.
I guess I am going to restate my AA going forward..
- Thu Nov 27, 2014 4:57 pm
- Forum: Personal Consumer Issues
- Topic: Selling gold jewelry
- Replies: 29
- Views: 4927
Re: Selling gold jewelry
We sold jewelry and MILs bullion (we are supporting MIL @ 95 and BIL @56) to nearby refinery recommended by family jewellers who have known since the 50's . We should have held back the jewelry which only diluted the bullion.
No problems. Payment on assay. Took about about 2 weeks.
No problems. Payment on assay. Took about about 2 weeks.
- Thu Nov 27, 2014 4:25 pm
- Forum: Investing - Theory, News & General
- Topic: Safe Withdrawal Rates - Is the 4% rule still good?
- Replies: 84
- Views: 12414
Re: Safe Withdrawal Rates - Is the 4% rule still good?
OP.
Kinda depends on where you are and what type of stuff you have for retirement and during retirement, Doesn't it?
When we were 58/61 yo, I looked into this. We were screwed in 2008. I applied the James T. Kirk Solution ( only to be used in situations where failure is certain. ) Now at 64/67, we are assured for at least 4%…@68/71 assured for 5%+
Kinda depends on where you are and what type of stuff you have for retirement and during retirement, Doesn't it?
When we were 58/61 yo, I looked into this. We were screwed in 2008. I applied the James T. Kirk Solution ( only to be used in situations where failure is certain. ) Now at 64/67, we are assured for at least 4%…@68/71 assured for 5%+
- Thu Nov 27, 2014 1:14 pm
- Forum: Investing - Theory, News & General
- Topic: Is 60/40 mix of stocks and bonds still best balance?
- Replies: 36
- Views: 9859
Re: Is 60/40 mix of stocks and bonds still best balance?
Privatefarmer, are you female? I got a son of same age and economics
Participated in urban farming.
Participated in urban farming.
- Wed Nov 26, 2014 10:45 pm
- Forum: Personal Consumer Issues
- Topic: When do you feel comfortable financially to have kids?
- Replies: 59
- Views: 6639
Re: When do you feel comfortable financially to have kids?
First by the clock.
Second when we got med insurance.
GL
Second when we got med insurance.
GL
- Wed Nov 26, 2014 10:36 pm
- Forum: Personal Consumer Issues
- Topic: Private college counselor
- Replies: 78
- Views: 8351
Re: Private college counselor
The cost of private schools is doubled to what we sent our Only to in 2002. I'm mostly on the fence on your decision. I, Never give advice, mostly; I will offer anecdotes :| ... If you are a full payer or expect to pay a good portion, I'd consider it. :mrgreen: Ours was the top student in a public, 400 in class. IB Diploma. NMF, selected by teachers for leadership mentoring by Chamber of Comerce, and like stuff. Applied to 10 tech-engineering schools, 4 were IVY. Accepts to 3, not IVY. I think he was accepted to the proper schools. I think the applications to the IVYs were just to see if he could get in. We did not hire a counselor. DS got fullride for MS. Made his first hire last month, a PhD in same field. Neighbor's son of same HS class ...
- Wed Nov 26, 2014 5:15 pm
- Forum: Investing - Theory, News & General
- Topic: POLL: Attitude Towards Risk
- Replies: 75
- Views: 6200
Re: POLL: Attitude Towards Risk
My son does surveys for a very popular internet company.
I dislike the choices offered.
I would find a James T. Kirk, Solution.
I dislike the choices offered.
I would find a James T. Kirk, Solution.