Search found 1747 matches

by RadAudit
Tue Jul 28, 2015 5:24 pm
Forum: Investing - Theory, News & General
Topic: Ben Carlson: "The Value of I Don't Know", and the Dunning-Kruger Effect
Replies: 3
Views: 829

Re: Ben Carlson: "The Value of I Don't Know", and the Dunning-Kruger Effect

Thanks for the post.

I'm already fairly sure I don't know much about investments - but thanks for the reminder. I just hope buy, hold and rebalance low cost, cap weighted, broad based index funds to a risk appropriate AA works in the long run.
by RadAudit
Mon Jul 27, 2015 11:02 am
Forum: Investing - Help with Personal Investments
Topic: How long until a $10,000 loss matters?
Replies: 39
Views: 3283

Re: How long until a $10,000 loss matters?

I'd guess a loss would begin to matter when it was substantial enough to where the advisability of taking the SWR for that year would be called into question.
by RadAudit
Sun Jul 26, 2015 5:30 pm
Forum: Investing - Help with Personal Investments
Topic: help with my investing direction.. errrr, I'm with Ram-it James
Replies: 21
Views: 1026

Re: help with my investing direction.. errrr, I'm with Ram-it James

Welcome to the forum. You've received good advice concerning which advisers to contact. May I also suggest that you do a few quick reads about investing as you are talking to them so you have a break even chance at picking up on BS, if you hear it? Depending where you are on the investment learning ...
by RadAudit
Fri Jul 24, 2015 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Indexing vs. Active Management
Replies: 12
Views: 922

Re: Indexing vs. Active Management

Google and read "the Arithmetic of Active Management" by William Sharpe.
by RadAudit
Fri Jul 24, 2015 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire early?
Replies: 25
Views: 4480

Re: Can I retire early?

Retiring early is, partly, about Living Before Your Means. What are the annual expenses for your target lifestyle in retirement?
by RadAudit
Fri Jul 24, 2015 6:50 am
Forum: Investing - Help with Personal Investments
Topic: Son wants to invest
Replies: 7
Views: 805

Re: Son wants to invest

- moving his money over from the bank to Vanguard after opening a UGMA or UTMA account ( That probably won't be as big of a problem as you might imagine. But, figure out who's going to pay the taxes (you?). From years ago, I remember that was a concern of the IRS - no one else seemed to care. VG ST...
by RadAudit
Thu Jul 23, 2015 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds place in a portfolio
Replies: 2
Views: 284

Re: Bonds place in a portfolio

As a general rule, it is usually recommended to put bonds into an IRA in order to delay the recognition of taxable income until the time the funds are withdrawn from a tIRA or for a lot longer in the case of a Roth IRA
by RadAudit
Thu Jul 23, 2015 6:30 am
Forum: Investing - Help with Personal Investments
Topic: Just made my Vanguard account... now what? (super newbie)
Replies: 8
Views: 1203

Re: Just made my Vanguard account... now what? (super newbie)

Welcome to the forum. Let's say I put some money into a Total Market Index Fund. If I take it out within a year or so after making gains, but not take it out of my Vanguard account, would that still incur taxes? It depends. If your investments are in a taxable account, the answer is yes*. If the inv...
by RadAudit
Wed Jul 22, 2015 9:23 pm
Forum: Investing - Help with Personal Investments
Topic: Blue chip or index Funds? Well, would ya Punk?
Replies: 20
Views: 2264

Re: Blue chip or index Funds? Well, would ya Punk?

i LIKE owning shares in Disney and Coca Cola, it re-affirms my basic excellence to myself The other side of me is pretty damn sure that the mutuals are going to spank the shares over a decent timeline and have way lower risk while doing it. I like owning Disney and Coke, too. I just don't like over...
by RadAudit
Wed Jul 22, 2015 10:41 am
Forum: Investing - Help with Personal Investments
Topic: Help me with portfolio building
Replies: 7
Views: 583

Re: Help me with portfolio building

Welcome to the forum I am so pissed with myself that I missed the rally of last five years. So so so pissed. If I was that upset about all the mistakes I made before 40, I'd be drained dry. No, I'd look like a prune. Consider it the first lesson in invest early, invest often. Buy, hold and rebalance...
by RadAudit
Wed Jul 22, 2015 9:27 am
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals?
Replies: 41
Views: 4039

Re: What are your financial goals?

Retired.

(1) Make the portfolio last.

(2) Make sure the wife and I don't become a burden to the kids.

(3) Help out (some) with the grandkids' college education - if we make it that far - and leave what's left to the kids.
by RadAudit
Tue Jul 21, 2015 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: International Bond Index?
Replies: 4
Views: 528

Re: International Bond Index?

I think that I've come to the conclusion that a hedged international bond index should have no substantial differentiation from a US bond index over the long term. Excellent decision. Just to reinforce your conclusion, one more link. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=167372&...
by RadAudit
Tue Jul 21, 2015 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Greatly appreciate advice for my personal finances.
Replies: 26
Views: 2522

Re: Greatly appreciate advice for my personal finances.

Well, we're glad you're here. Sorry I can't be of much help - I'll never get to those tax brackets. Some folks will be along shortly who can be of more help than I. On municipal bonds - general observation. I wouldn't want to spend the time coming up to speed on bonds, researching, acquiring and mai...
by RadAudit
Tue Jul 21, 2015 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Greatly appreciate advice for my personal finances.
Replies: 26
Views: 2522

Re: Greatly appreciate advice for my personal finances.

Welcome to the forum.

While you are looking, a site that may also be of interest is whitecoatinvestor.com They seem to have more articles aimed at those in the medical profession.
by RadAudit
Tue Jul 21, 2015 12:08 pm
Forum: Investing - Theory, News & General
Topic: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create
Replies: 33
Views: 2971

Re: Is Harry Markowitz wrong? Why Optimal Portfolios Are So Difficult To Create

Thanks for the article. accurately projecting an optimal portfolio forward strikes me as nearly impossible. Well, that saves me a lot of effort. There are other ways to estimate portfolio risk and return that circumvent correlation estimates. One way is to assume there is no efficient frontier. Each...
by RadAudit
Tue Jul 21, 2015 9:01 am
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10535

Re: How do people afford children with a SAHM?

How do they do it? They make choices.

Read the early chapters of Peter Pan. They have an excellent couple of pages how a young bank employee figured out if he had enough money to have children.

You're OK. You just have to figure out your goals and prioritize.
by RadAudit
Tue Jul 21, 2015 7:53 am
Forum: Investing - Help with Personal Investments
Topic: Redoing All Finances - Advice Would Be Awesome!
Replies: 24
Views: 2119

Re: Redoing All Finances - Advice Would Be Awesome!

I'll be moving my half and hers will stay there. That may be a good approach, especially if she isn't interested in discussing finances. While it is usually better to consider both spouses' (spice's ?) portfolios as one when determining family AA, it is not necessary. Being that my wife is risk ave...
by RadAudit
Mon Jul 20, 2015 8:59 pm
Forum: Local Chapters and Bogleheads Community
Topic: livesoft surpasses 40,000 posts!
Replies: 74
Views: 4858

Re: livesoft surpasses 40,000 posts!

I've been impressed with his consistency in providing high value added comments.
by RadAudit
Mon Jul 20, 2015 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: International Bond Index?
Replies: 4
Views: 528

Re: International Bond Index?

Should I acquire an international bond index? Welcome to the forum. Opinions are strongly held and divided. Some vote yes; some no. But, IMHO, hedged international bond index funds are not really necessary - although I have some in my portfolio; my wife has them in her portfolio; my kids have them ...
by RadAudit
Sun Jul 19, 2015 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: How much cash - need help giving advice to mother
Replies: 11
Views: 1096

Re: How much cash - need help giving advice to mother

it doesn't seem like she needs 2 years of cash. in her shoes i'd be comfortable with about 3-6 months worth. +1 But, it sort of depends on her expenses. And, to some extent, it depends on her sources of income which are not directly related to her job. Specifically, can she cover her expenses from ...
by RadAudit
Sun Jul 19, 2015 7:38 am
Forum: Personal Consumer Issues
Topic: Tipping at pay-first restaurants: what would you do?
Replies: 35
Views: 3279

Re: Tipping at pay-first restaurants: what would you do?

I've come to believe that you can't get through the day without at least one good rationalization to justify how to spend your money. There are no hard and fast rules. Don't make a project out of it. Just do what you feel comfortable with. +1 Edit: The first comment seemed a tad harsh. Modified for ...
by RadAudit
Fri Jul 17, 2015 11:00 am
Forum: Investing - Help with Personal Investments
Topic: New Vanguard Customer
Replies: 20
Views: 2098

Re: New Vanguard Customer

Welcome to the forum. i m really looking to get the highest returns possible within an acceptable amount of risk. Acceptable to whom? You'd be basically at an AA of 90 / 10. Age in bonds would suggest 70 / 30; but, target retirement funds for your age would essentially agree with you and become incr...
by RadAudit
Thu Jul 16, 2015 11:29 am
Forum: Investing - Help with Personal Investments
Topic: Getting a late start: Allocation question
Replies: 14
Views: 1034

Re: Getting a late start: Allocation question

Why would I not allocate 90% of my portfolio to equities for 15-18 years, and then change the allocation to have more bonds in the last 2-5 years before retirement The problem I have always had with investing is that while equity investing has a higher expected rate of return, it's not guaranteed. ...
by RadAudit
Wed Jul 15, 2015 1:25 pm
Forum: Personal Consumer Issues
Topic: CNBC & Fox Business Websites
Replies: 26
Views: 2868

Re: CNBC & Fox Business Websites

I watch all three. Bloomberg is coming up in my personal ratings race. I just haven't figured out how to incorporate their advice into a buy, hold and rebalance approach using broad based, low cost index funds and an asset allocation determined by my need, willingness and ability to accept risk :happy
by RadAudit
Tue Jul 14, 2015 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions please on moving our IRA's from target retirement into four funds
Replies: 7
Views: 473

Re: Opinions please on moving our IRA's from target retirement into four funds

Sorry. I didn't pick up on that part of the post. My wife invests entirely in TR 2015. I prefer to invest in the individual components. It is somewhat a matter of personal tastes. The volatility of these separate portfolios is essentially identical as are the YTD returns. I'm guessing the difference...
by RadAudit
Tue Jul 14, 2015 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions please on moving our IRA's from target retirement into four funds
Replies: 7
Views: 473

Re: Opinions please on moving our IRA's from target retirement into four funds

Is all this money in an IRA? Is the IRA at Vanguard? If so, what is preventing you from selling TR2015 - inside the IRA - and buying the indicated funds - inside the IRA? If it is in one account, you should be able to do this in a couple of computer clicks. If you don't want to do it your self, a Va...
by RadAudit
Mon Jul 13, 2015 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Grown Children as beneficiaries
Replies: 33
Views: 3212

Re: Grown Children as beneficiaries

When I was going through a similar question concerning how to distribute money to heirs, the consensus from the forum appeared to be equal shares to the kids. (Thanks for your input, forum.) It seemed like a good idea then. It still does. And the more horror stories I hear about people trying to rul...
by RadAudit
Sun Jul 12, 2015 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking Financial Advisor Career Advice
Replies: 5
Views: 661

Re: Seeking Financial Advisor Career Advice

I don't want to be the chair of the cold water committee; but, have you noticed the trend toward low cost, computer based / assisted financial advice? If that trend continues to gain market share, it might make for tough sledding in the low end of the market. To me, that would indicate you'd need to...
by RadAudit
Sun Jul 12, 2015 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement within 1 year
Replies: 33
Views: 4624

Re: Retirement within 1 year

Welcome to the forum. Let's see if I understand this. You and the wife are making ~$69,000 a year. With your pension and both of your SS your income would be ~$52,000. The annuity would pay ~$6,400 a year. So, you'd like to have another ~$11,000 in income. You don't want to invest in stocks. You are...
by RadAudit
Sun Jul 12, 2015 11:47 am
Forum: Investing - Theory, News & General
Topic: Mullainathan: Why Investing Is So Complicated
Replies: 30
Views: 2414

Re: Mullainathan: Why Investing Is So Complicated

nedsaid wrote:$50,000 or $100,000 or even $200,000 in a 401k seems like all the money in the world until you have to live off of it.


Well said. Now, if I can get my kids to understand that simple concept ...
by RadAudit
Sun Jul 12, 2015 8:08 am
Forum: Investing - Help with Personal Investments
Topic: How do you set emerging markets weight?
Replies: 9
Views: 1353

Re: How do you set emerging markets weight?

Lafder wrote:I just hold Vanguard Total International Index Fund,


+1

I guess that's close enough to market weights.
by RadAudit
Sat Jul 11, 2015 9:31 pm
Forum: Investing - Theory, News & General
Topic: scared of the future
Replies: 15
Views: 2346

Re: scared of the future

So much for generalities. Go to Start Here on the wiki. Read the articles, watch the videos, read the linked articles and a few of the recommended books.
by RadAudit
Sat Jul 11, 2015 9:19 pm
Forum: Investing - Theory, News & General
Topic: scared of the future
Replies: 15
Views: 2346

Re: scared of the future

If you never have had money before, you've got a good reason to be afraid. Watching a 50% decline in the balances in your equities is not a fun experience. It's happened before; it'll probably happen again. Find an asset allocation you are comfortable with and invest in accordance with a well though...
by RadAudit
Thu Jul 09, 2015 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) Investment
Replies: 7
Views: 568

Re: 403(b) Investment

Welcome to the forum. I'm somewhat at a loss to answer the question of should you invest in the 403(b). What I can offer you is the following observation. With 2055, you have a portfolio that has a specific asset allocation which is weighted toward equities. Probably close to 90%. At this stage in y...
by RadAudit
Tue Jul 07, 2015 10:50 am
Forum: Investing - Theory, News & General
Topic: Age in Bonds Revisited: Vanguard Target Fund uses 90% Equities until Age 40?!?
Replies: 15
Views: 1187

Re: Age in Bonds Revisited: Vanguard Target Fund uses 90% Equities until Age 40?!?

Also keep in mind that VG's TR funds need to compete with other company's offerings. OP, I think Nimo is on to something. And, while you are wondering why VG chose their specific glidepath, you can also wonder why they chose their specific domestic / international splits for stocks and bonds. Addit...
by RadAudit
Mon Jul 06, 2015 6:21 pm
Forum: Investing - Theory, News & General
Topic: VTIAX price drop discrepency
Replies: 20
Views: 1536

Re: VTIAX price drop discrepency

livesoft wrote:Maybe somebody at Vanguard was having a Really Bad Day?


Just those who sold.
by RadAudit
Sun Jul 05, 2015 7:42 pm
Forum: Investing - Theory, News & General
Topic: New and Young Investor
Replies: 2
Views: 370

Re: New and Young Investor

Welcome to the forum

Start here. http://www.bogleheads.org/wiki/Getting_started

Read the info, watch the videos, read a few of the recommended books.
by RadAudit
Sun Jul 05, 2015 11:54 am
Forum: Investing - Theory, News & General
Topic: BullionDirect.com suspends operations. Looks like another implosion/scam
Replies: 67
Views: 6185

Re: BullionDirect.com suspends operations. Looks like another implosion/scam

This is why I recommended that people "Stick to the most globally liquid 24k (99.9%) gold bullion coins - like 1 oz Canadian Gold Maples and Australian Gold Kangaroo Nuggets. Once you have the 24k / 99.9% gold bullion coin in hand, you then test for size & weight with a simple device (gold...
by RadAudit
Fri Jul 03, 2015 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 95
Views: 9159

Re: What age did you become debt free and what opportunities did it create?

Paid off the mortgage at 63. And, being debt free gave me the chance to retire.
by RadAudit
Fri Jul 03, 2015 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: young and need advice on investing and where to start
Replies: 9
Views: 905

Re: young and need advice on investing and where to start

Welcome to the forum. Oh, good! A question I can answer. Start here. http://www.bogleheads.org/wiki/Getting_started Watch the videos. Read the linked info. Read a few of the recommended books. thank you, and i will check out some of the books. I don't know if you would know this or not but do you t...
by RadAudit
Thu Jul 02, 2015 6:31 pm
Forum: Investing - Help with Personal Investments
Topic: Best Option IRA
Replies: 2
Views: 162

Re: Best Option IRA

You're done for the year in tax advantaged accounts (Roths and tIRA). Google the IRA contribution limits.

Additional investments this year will have to be in taxable accounts.
by RadAudit
Thu Jul 02, 2015 3:49 pm
Forum: Investing - Theory, News & General
Topic: How did you start?
Replies: 35
Views: 3553

Re: How did you start?

Welcome to the forum. So how did everyone here become so knowledgeable ? I don't know about the rest of them. I spent 20 years making stupid mistakes. Any tips to point me in the right direction? any book recommendation to start learning?! You can avoid all / most of that. Start here http://www.bogl...
by RadAudit
Thu Jul 02, 2015 2:05 pm
Forum: Investing - Theory, News & General
Topic: Which Funds to Take RMD From
Replies: 17
Views: 1678

Re: Which Funds to Take RMD From

I sure hope it's not that complicated. I'm two years behind you and I can't do the math. If it's all in one IRA with Vanguard, I'd call Vanguard and tell them to set up an automatic RMD withdrawal schedule. (You could do that yourself on their web-site; but they like to be helpful and you've got $1 ...
by RadAudit
Thu Jul 02, 2015 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: Girlfriend's Money Manager--Should She Switch to Vanguard?
Replies: 37
Views: 4414

Re: Girlfriend's Money Manager--Should She Switch to Vanguard?

Welcome to the forum.

ReadySetMillionaire wrote:Will he charge any sort of fee for her pulling her money?


More than likely.

ReadySetMillionaire wrote:What's the professional way to go about this?


Have your girlfriend call Vanguard and tell them she wants to transfer her account to them.
by RadAudit
Thu Jul 02, 2015 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: young and need advice on investing and where to start
Replies: 9
Views: 905

Re: young and need advice on investing and where to start

Welcome to the forum.

Oh, good! A question I can answer.

Start here. http://www.bogleheads.org/wiki/Getting_started

Watch the videos. Read the linked info. Read a few of the recommended books.
by RadAudit
Tue Jun 30, 2015 4:09 pm
Forum: Investing - Theory, News & General
Topic: Let’s Celebrate the Independent Adviser
Replies: 10
Views: 1557

Re: Let’s Celebrate the Independent Adviser

Thanks for bringing these issues to light.
by RadAudit
Mon Jun 29, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Tell Me I'm Stupid To Consider Quitting My Job and Moving
Replies: 157
Views: 38083

Re: Tell Me I'm Stupid To Consider Quitting My Job and Moving

Well, $2 million isn't as much as it use to be. But, there are a number of folks who seem to get by on less than that amount and seem to be quite content. And, by the way, BL is on to something. I have met people who are happy no matter where they live, and others who are unhappy no matter where the...
by RadAudit
Fri Jun 26, 2015 4:12 pm
Forum: Investing - Theory, News & General
Topic: Can Good Investors Be Predicted In Childhood?
Replies: 6
Views: 941

Re: Can Good Investors Be Predicted In Childhood?

Estate planning based on when a young child chooses to eat his marshmallows. I guess it's as good an approach as any other.

But, if I chose to leave more to one child than another based on the results of such an experiment, I think I'd be grateful to be out of the room when the will was read.
by RadAudit
Thu Jun 25, 2015 10:29 am
Forum: Personal Finance (Not Investing)
Topic: making minor changes to a will
Replies: 9
Views: 1013

Re: making minor changes to a will

I'd be reluctant to make changes to a will on my own. I'd always use a lawyer. But, that's personal preference. About leaving money to relatives, my Mom bought CDs and made them POD to the relatives. One each. Of course, Mom got the interest as long as she was alive. As the relatives died, she cashe...
by RadAudit
Thu Jun 25, 2015 6:56 am
Forum: Investing - Help with Personal Investments
Topic: Target Date 2015- Low-credit-quality bonds?
Replies: 14
Views: 1981

Re: Target Date 2015- Low-credit-quality bonds?

I'm sure it is just a glitch. That's the way to bet. On a more uplifting note, we've only got about 7 to 10 more years to live with this glitch and then TR 2015 gets merged into VG Retirement Income (?) [VTINX]. And then, the problem goes away. So far, they don't have the glitch. PS: Finally read t...

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