Search found 2503 matches

by MnD
Fri Jul 31, 2015 4:15 pm
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 203
Views: 7787

Re: Are equities really as risky as anyone thinks?

Similarly, dividends mean nothing. Companies fail whether they pay dividends or not. If you want to evaluate your strategy, consider how you are doing with these companies: American Cotton Oil Company American Sugar Company American Tobacco Company Chicago Gas Company Distilling & Cattle Feedin...
by MnD
Fri Jul 31, 2015 4:01 pm
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 203
Views: 7787

Re: Are equities really as risky as anyone thinks?

My solution: Gamble only as much in the stock market as I can afford to lose without risk of significant misery, and hope the unpredictable future mirrors the relatively recent past. Keep the rest in vehicles that will hopefully at least keep up with inflation and do so with minimal risk (CDs curre...
by MnD
Thu Jul 30, 2015 8:38 pm
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 203
Views: 7787

Re: Are equities really as risky as anyone thinks?

I have a high equity AA, no debt, low fixed expenses, have other revenue streams, high % of discretionary expenses when in retirement and zero problem with a WR from investments based on a 4-5% of current account balances versus some initial "fix" and constant increase with inflation. Zero...
by MnD
Thu Jul 30, 2015 12:27 pm
Forum: Investing - Theory, News & General
Topic: How has the 4% rule held up since the tech bubble and the 2008 crisis
Replies: 22
Views: 2536

Re: How has the 4% rule held up since the tech bubble and the 2008 crisis

4% rarely fails but what's really highlighted in the article is how often 4% results in vast amounts of money unspent when average or better returns occur. It reinforces my plan to withdraw spend 5% of annual portfolio balance annually. This prevents the rare outright portfolio failure that can occu...
by MnD
Thu Jul 30, 2015 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Auto collision with uninsured driver caused $5000 in damage. What to do?
Replies: 23
Views: 2083

Re: Auto collision with uninsured driver caused $5000 in damage. What to do?

In my state and most states if you have collision you can file a collision claim and the insurance companies will sort it out. Since other driver is uninsured your insurance will fix your car and they will then try to collect from the uninsured driver. You will be subject to your deductible unlike i...
by MnD
Tue Jul 28, 2015 11:07 am
Forum: Investing - Theory, News & General
Topic: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?
Replies: 45
Views: 2497

Re: Anyone Have a Near Retirement Strategy for Sequence of Return Risk?

Withdrawals 5% of year-end balance which eliminates portfolio failure risk due to inflation-adjusted SWR plans and also allows enjoyment in retirement of any real gains. Withdrawals reverse rebalance so if stocks are hot, that's where withdrawls come from and vice-versa. Set for life 75:25 AA and SW...
by MnD
Mon Jul 27, 2015 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: E-Statement Alert Gone for Chase Credit Card
Replies: 46
Views: 2413

Re: E-Statement Alert Gone for Chase Credit Card

Folks, You are counting on every single one of your bill pull the right amount every month. If it works, no problem. But, all it takes is one of those bill to pull 10K to 20K from your A/C one time. It will be a very big mess. I do autopay in full for everything possible on the due date. To a credi...
by MnD
Wed Jul 22, 2015 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals?
Replies: 41
Views: 4058

Re: What are your financial goals?

(1991-current) Older home with character, mature landscaping and big yard (1985-current) Married with kids with option for wife to be SAHM (1992-current) Get off the car payment treadmill after first set of his/her cars (1986-current) Rewarding career with decent com...
by MnD
Tue Jul 21, 2015 11:41 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

That would be interesting. I've had several three-way call at Schwab between myself, my dedicated rep and a Schwab subject matter expert. But in this case would Schwab or Vanguard or whomever has access to Fidelity subject matter experts that are informed and gung-ho to move funds out? Good Fidelity...
by MnD
Tue Jul 21, 2015 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Should I consider Social Security Benefits as Assets
Replies: 44
Views: 2785

Re: Should I consider Social Security Benefits as Assets

It's income I won't have to provide from my financial net worth. Very valuable but not really the same as a financial asset.
by MnD
Tue Jul 21, 2015 5:24 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

It may be too late to do this now, but I wonder if it is easier to do the online rollover to a Fidelity Rollover IRA and then roll that IRA (in kind if you still had the investments) over to Schwab? Well I was planning to purchase no commission ETF's at Schwab which are different tickers than the f...
by MnD
Tue Jul 21, 2015 4:17 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

I suppose it is possible that Schwab just has a different procedure. If that's true, I think it a bit odd that it has not been mentioned enough for people to know that. Appears this has been mentioned before after I did a little searching...... It sounds like the problem is with Fidelity, not Schwa...
by MnD
Tue Jul 21, 2015 2:48 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

I don't get it. I think your rep was just wrong about this. The new institution should contact the old institution (preferably with you on the phone) and get it done. Your dedicated Schwab rep should have referred you to the rollover people at Schwab, not Fido. My daughter just rolled a 403(b) in t...
by MnD
Tue Jul 21, 2015 2:19 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

As has been said you should have initiated the rollover from the receiving side. It was. The receiving account is all set up and my next instructions from my dedicated Schwab rep was to contact Fidelity to initiate the transfer. If you can provide a link or source that indicates that receiving brok...
by MnD
Tue Jul 21, 2015 2:13 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

You don't call Fidelity to move money to Schwab, you call Schwab. I moved a bunch of accounts into fidelity. Where from? Doesn't matter. Fidelity handled it I wanted a cheaper ER international fund so decided to move some money from Fidelity to Vanguard. Of course I called Vanguard. I sort of find ...
by MnD
Tue Jul 21, 2015 2:06 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

I did find a rollover form on-line to print out and mail but it's unlinked to my specific plan set of documents. If you drill down through the plan website to roll assets out you always end up at "call customer service" (likely for marketing purposes to talk you into keeping the assets at ...
by MnD
Tue Jul 21, 2015 1:47 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

In preparation, I will move the Fidelity assets to be 100% bond fund. I will keep my asset allocation the same by exchanging from a bond fund to an equity fund in another account. Then it should not matter too much how long it takes for the transfer to be completed. This is what I did today. Sold e...
by MnD
Tue Jul 21, 2015 1:34 pm
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Re: Customer Service - Fidelity 401K rollover to Schwab IRA

Sounds like a nightmare. And people are always talking about how good their customer service is. They do not have their 401-K side and their brokerage side even remotely integrated or cross-trained and if you are in a 401-K plan you must get through the 401-K plan people before they will put you th...
by MnD
Tue Jul 21, 2015 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10594

Re: How do people afford children with a SAHS?

We waited 7 years until we were both 30 to have kids - had one at age 30 and one at age 32. By age 30 all debts except mortgage paid off with two paid off newer cars, and my career was better established, so my income in todays dollars was close to $100K. Wife worked full time till kids came versus ...
by MnD
Tue Jul 21, 2015 11:33 am
Forum: Investing - Theory, News & General
Topic: Customer Service - Fidelity 401K rollover to Schwab IRA
Replies: 26
Views: 1305

Customer Service - Fidelity 401K rollover to Schwab IRA

Day 1: On-line: If you want to roll your 401-K to another financial institution call our customer service at.... Otherwise click here to begin to transfer to a Fidelity IRA..... Customer service 6pm: On hold then many security questions - Hi how can I help you? Want to rollover 401K to Schwab IRA . ...
by MnD
Mon Jul 20, 2015 10:52 am
Forum: Investing - Theory, News & General
Topic: Duration Considerations of the TSP G Fund
Replies: 26
Views: 2486

Re: Duration Considerations of the TSP G Fund

Any decent bond fund paired with the G fund is going to result in a great looking blend relative to TBM. Pair the G fund 50:50 with Vanguard Intermediate term corporate or Dodge and Cox Income or Dodge and Cox Global bond and you get super-fund as far as blended yield and duration. p.s. G fund is cu...
by MnD
Mon Jul 20, 2015 8:52 am
Forum: Investing - Theory, News & General
Topic: When did you start investing in the Market?
Replies: 60
Views: 3315

Re: When did you start investing in the Market?

I have some memories of my fathers investing in the 60's and 70's. Lots of municipal and corporate bonds from cities in our state and companies headquartered in the region. The bonds were these fancy artwork sheets with winged goddesses and what not and you clipped the interest coupons off the botto...
by MnD
Mon Jul 20, 2015 8:06 am
Forum: Investing - Theory, News & General
Topic: When did you start investing in the Market?
Replies: 60
Views: 3315

Re: When did you start investing in the Market?

Early 1980's. Vanguard had something called Prime Money Market which was paying a good interest rate that one could write checks on. Not as good as the 12% CDs in those day though. Immediately branched out to no-load mutual funds at 20thCentury (now American Century) and Vanguard, some Ivy Internat...
by MnD
Sun Jul 19, 2015 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: To roll or not to roll - (former employer 401-K)
Replies: 10
Views: 663

Re: To roll or not to roll - (former employer 401-K)

I see that Oblivious Investor and I have given you slightly different possible interpretations of the 401k/55 rule. It does not matter in this case - she left that company before age 55 so she can't access that money without penalty either way. But when she retires at 56 years old, the current 401k...
by MnD
Sun Jul 19, 2015 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: 401K account when past employer files Chapter 7 liquidation?
Replies: 2
Views: 271

401K account when past employer files Chapter 7 liquidation?

What happens? Are the assets "locked up" for months or longer while the liquidation goes through the courts? Fidelity is the plan administrator but the former employer is a small private company that is supposedly on the verge of failing. I was on the fence about leaving funds in the plan ...
by MnD
Sun Jul 19, 2015 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: To roll or not to roll - (former employer 401-K)
Replies: 10
Views: 663

Re: To roll or not to roll - (former employer 401-K)

I just heard that the former employer is weeks/months from likely bankruptcy liquidation.
So i think that settles it - rolling it ASAP.
by MnD
Sun Jul 19, 2015 9:02 am
Forum: Investing - Help with Personal Investments
Topic: To roll or not to roll - (former employer 401-K)
Replies: 10
Views: 663

To roll or not to roll - (former employer 401-K)

So my wife has about 10% of our financial net worth in a former employers 401-K administered by Fidelity. We are both 53 and plan to retire in 3 years at age 56 and will begin withdrawing from our financial net worth at that time. Why we want to roll it over to a Trad-IRA: - All our other accounts e...
by MnD
Wed Jul 15, 2015 11:47 am
Forum: Investing - Theory, News & General
Topic: Frontier Markets - 5% of portfolio?
Replies: 51
Views: 3239

Re: Frontier Markets - 5% of portfolio?

If you index, it here's what you get (iShares FM, ER=.79) No Malaysia, very little Vietnam and real big pile of Kuwait. It appeals to me somewhat in how unappealing it looks and it is cheaper to buy than a year ago (-11%). If I sold one or both of my two individual stock positions and had no other i...
by MnD
Wed Jul 15, 2015 10:24 am
Forum: Investing - Theory, News & General
Topic: What 2008/09 has done to me
Replies: 158
Views: 18779

Re: What 2008/09 has done to me

Reaffirmed my willingness and ability to hold a high equity percentage even when approaching and in retirement. Reaffirmed my committment to global market cap equity investing. The noise about buying/selling US or international was overwhelming and market cap made it incredibly easy to ignore. Reaff...
by MnD
Mon Jul 13, 2015 7:25 pm
Forum: Personal Consumer Issues
Topic: Selling a used car
Replies: 27
Views: 2163

Re: Selling a used car

Mention it to friends, family, coworkers and acquaintances. I do this with older relatively low mileage, garaged, serviced, one-owner, clean condition cars. They sell this way and if not, list it on craigslist half-way between trade-in and car lot "retail" with tons of information in the ...
by MnD
Mon Jul 13, 2015 2:07 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 194
Views: 16990

Re: OPM breach and credit freeze

Not at all worried. I don't think identity theft is at all supply limited. So from that perspective, the more hacks the better. 100 lions and 20,000,000 zebras is a better situation than 100 lions and 2000 zebras (if you are a zebra). It's not just about fraud. In fact, that's the least of the worr...
by MnD
Mon Jul 13, 2015 11:55 am
Forum: Personal Consumer Issues
Topic: Wiring home network cable type?
Replies: 30
Views: 1929

Re: Wiring home network cable type?

It wasn't a whole house rewire but I ran shielded Cat6 from the router area where the cable comes in to the main media center area of the home. It was about a 100 foot run and Cat6 was only a few dollars more. I ran it along the "ceiling" of the crawlspace and it crossed many many electric...
by MnD
Sun Jul 12, 2015 11:04 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau on Asset Allocation Using PE10
Replies: 83
Views: 6024

Re: Wade Pfau on Asset Allocation Using PE10

Just out of curiosity, how many here who are advocating Mr. Pfau's valuation-based asset allocation strategy have actually been implementing it in their own portfolios? According to the linked article in the OP, by using Mr. Pfau's system, you would have reduced your equity allocation to 25% someti...
by MnD
Sun Jul 12, 2015 9:20 am
Forum: Investing - Theory, News & General
Topic: Wade Pfau on Asset Allocation Using PE10
Replies: 83
Views: 6024

Re: Wade Pfau on Asset Allocation Using PE10

SELL! Actually I love PE10. It keeps adherents scared and their money on the sidelines. i hope lots of people use and continue to use PE10 for asset allocation and remain convinced that equity returns will be significantly diminished going forward based on some simplistic valuation metric compared t...
by MnD
Sun Jul 12, 2015 8:41 am
Forum: Personal Consumer Issues
Topic: Password Management
Replies: 56
Views: 2932

Re: Password Management

I use LastPass with long strong different passwords for all finan$ial $ites. Has anyone used a product like Lastpass with a financial integration service like Mint, Personal Capital or Yodlee? Do they play well together? Conceptually it seems like the LastPass would make it very difficult for the i...
by MnD
Sun Jul 12, 2015 8:10 am
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 194
Views: 16990

Re: OPM breach and credit freeze

I'd like to steer this thread back to the original question of what those of us affected by this breach should be doing. Some sort of password manager would seem to make sense, but I am resistant to storing my passwords anywhere on my computer or on other's servers. How about sign up for the CSID s...
by MnD
Sat Jul 11, 2015 5:27 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 194
Views: 16990

Re: OPM breach and credit freeze

Identity info, big lists of card numbers are on the Internet and very cheap. It's still usually a felony regardless of how "cheap" identity or credit info is. Likewise you can buy a cheap handgun and there are plenty of gas stations but 35 years in the slammer for armed robbery is the rub,...
by MnD
Sat Jul 11, 2015 4:37 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 194
Views: 16990

Re: OPM breach and credit freeze

Today I received an email alert from CSID telling me that I should immediately log into my CSID account to verify a recent monitoring alert. The alert was from a credit card account I opened - *** 3 weeks ago*** As I suspected. I signed up for the Target breach service and was never notified of any...
by MnD
Sat Jul 11, 2015 4:33 pm
Forum: Personal Consumer Issues
Topic: OPM breach and credit freeze
Replies: 194
Views: 16990

Re: OPM breach and credit freeze

Were I in that situation, I would consider drastic changes like a name change and a Social Security number change. I would put whatever security measures on my personal assets that I could. Not at all worried. I don't think identity theft is at all supply limited. So from that perspective, the more...
by MnD
Sat Jul 11, 2015 9:11 am
Forum: Investing - Theory, News & General
Topic: Stocks Riskier Than Bonds?
Replies: 3
Views: 589

Re: Stocks Riskier Than Bonds?

That's the way I look at it. I'm 30 years into equity investing and given family longevity, especially on her side, the possibility another 40 to go. You only have to go to a 10 year holding period to get the point where best and worst real returns 1802-2012 for equities (+16.8% -4.1%) beat bonds (+...
by MnD
Fri Jul 10, 2015 10:06 am
Forum: Investing - Theory, News & General
Topic: John Bogle vs. the Bogleheads
Replies: 49
Views: 4002

Re: John Bogle vs. the Bogleheads

Just wondering if we should make a sub genre of the Boglheads that follow Jack to the letter and those who are more in line with what Vanguard is today. As many know, I follow Jack to the letter. Why? Because it makes the most sense and simplicity usually is best. Why do you continue to generate th...
by MnD
Wed Jul 08, 2015 9:17 pm
Forum: Investing - Help with Personal Investments
Topic: Maximum 401-K match benefit = 3% or 6% of compensation?
Replies: 5
Views: 516

Maximum 401-K match benefit = 3% or 6% of compensation?

"The company will match employee contribution $.50 of every $1.00 up to 6% of the employee's compensation for the plan year." I'm reading this to mean 6% of compensation match with a 12% or more of compensation employee contribution. Maybe I'm parsing words on the optimistic side. It's my ...
by MnD
Tue Jul 07, 2015 1:47 pm
Forum: Investing - Theory, News & General
Topic: VWO seems cheap right now
Replies: 153
Views: 21823

Re: VWO seems cheap right now

$38 and change earlier today.........
by MnD
Thu Jul 02, 2015 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Obsessing towards zero balance on credit card.
Replies: 135
Views: 10872

Re: Obsessing towards zero balance on credit card.

If you have a high balance even paying in full end of month, your score will go down, albeit not tremendously. Thus as stated I often pay my main card more than once a month, again for example $10k payment to a contractor, they wouldn't discount further for cash: why give up the CC cash back by pay...
by MnD
Thu Jul 02, 2015 7:33 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 466
Views: 65940

Re: What are you up YTD? [Year To Date]

2.93%
75/25 with equities 47:53 US:ex-US
by MnD
Wed Jul 01, 2015 5:39 pm
Forum: Investing - Theory, News & General
Topic: Shiller : US stocks pricey; time to think international
Replies: 32
Views: 4498

Re: Shiller : US stocks pricey; time to think international

Taking a "Vanguard World Stock" approach to equity allocation really takes the steam and excitement out of these sorts of cautions and warnings.
by MnD
Wed Jul 01, 2015 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Obsessing towards zero balance on credit card.
Replies: 135
Views: 10872

Re: Obsessing towards zero balance on credit card.

Six of one, half dozen of another. Why does it matter? It takes approximately 30 seconds to log on, schedule a payment and click the button. People lend me a substantial sum of money every single month for 43 days duration on average, continue to do so month after month and in fact pay me to do so....
by MnD
Wed Jul 01, 2015 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Obsessing towards zero balance on credit card.
Replies: 135
Views: 10872

Re: Obsessing towards zero balance on credit card.

What again is the point of this? Fun and entertainment? I think it's a practice to try and emulate the performance of a debit card (where money is taken from bank accounts close to or when spending occurs) while still earning the credit card rewards. There also seems to be a camp that believes that...
by MnD
Wed Jul 01, 2015 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Obsessing towards zero balance on credit card.
Replies: 135
Views: 10872

Re: Obsessing towards zero balance on credit card.

Auto-pay statement balance in full exactly on the due date. All card statement and due dates set to the same day of the month. Charge absolutely everything possible. This provides a nice monthly accounting of the vast majority of spending almost a month prior to payment due. I know a month out how i...
by MnD
Tue Jun 30, 2015 11:40 am
Forum: Investing - Help with Personal Investments
Topic: What stocks have you been buying recently and why? Or are you holding off on buying until Greek crisis settles?
Replies: 21
Views: 2139

Re: What stocks have you been buying recently and why? Or are you holding off on buying until Greek crisis settles?

Every two weeks....... EAFE-index international fund, S&P 500 index, Russell US market completion index, stable value fund, Dodge and Cox Income fund. As needed to maintain/complete asset allocation..... Emerging market fund, small cap international fund and Dodge and Cox Global Bond fund shares.

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