Search found 791 matches

by Sbashore
Wed Jul 29, 2015 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: Social Security and Expenses
Replies: 47
Views: 2428

Re: Retirees: Social Security and Expenses

I can answer without divulging too much. My SS covers 2% of my average monthly expenses. 8-)
by Sbashore
Tue Jul 21, 2015 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: TSP & Exchange Vanguard Bonds for Total Stock Market Shares
Replies: 6
Views: 351

Re: TSP & Exchange Vanguard Bonds for Total Stock Market Shares

I would just time the exchanges and the TSP transfers to happen as close to each other as possible. I'm retired with the TSP and have done this in the past. Wasn't a big deal. Thanks. I noticed you're retired--May I inquire as to your stock/bond allocation? As per Boglehead recommendations, we shou...
by Sbashore
Tue Jul 21, 2015 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Auto Bucket Portfolio
Replies: 15
Views: 1575

Re: Auto Bucket Portfolio

I started to mention the managed payout funds, but seems like the bogleheads have been reluctant to embrace them. Anyone actually think they are a good idea? Mike I agreed it might be a good idea for this specific situation as opposed to getting sold an annuity. I can see where it might be the answ...
by Sbashore
Tue Jul 21, 2015 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for opinions [Portfolio help]
Replies: 5
Views: 318

Re: Looking for opinions [Portfolio help]

Given your numbers and income, I'd wait until you had a minimum of 25,000 in savings after purchasing your house, preferably much more. Putting yourself in a position where you can only save 800 per month, with a cushion of only 7-10,000 is kind of risky in my opinion. You should have reserves built...
by Sbashore
Tue Jul 21, 2015 10:33 am
Forum: Investing - Help with Personal Investments
Topic: TSP & Exchange Vanguard Bonds for Total Stock Market Shares
Replies: 6
Views: 351

Re: TSP & Exchange Vanguard Bonds for Total Stock Market Shares

I would just time the exchanges and the TSP transfers to happen as close to each other as possible. I'm retired with the TSP and have done this in the past. Wasn't a big deal.
by Sbashore
Tue Jul 21, 2015 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Inexperienced Trustee
Replies: 53
Views: 3400

Re: Inexperienced Trustee

I agree 6% return from conservative investments is not really possible under the current market conditions. I'd think the best thing you could do at this point, and you're already thinking of it, is to get those fees down. 2% is a heck of a millstone that you can avoid. My choice would be to talk to...
by Sbashore
Tue Jul 21, 2015 10:22 am
Forum: Investing - Help with Personal Investments
Topic: Looking for opinions [Portfolio help]
Replies: 5
Views: 318

Re: Looking for opinions

It seems to me you're kind of "on the edge" here. What will your cash flow look like after you buy the house? How much of an emergency fund will you have after you've moved in? If it were me, I'd have a comfortable surplus in cash flow after buying the house and a sizable emergency fund (1...
by Sbashore
Tue Jul 21, 2015 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Auto Bucket Portfolio
Replies: 15
Views: 1575

Re: Auto Bucket Portfolio

market timer wrote:As a one-fund solution to this problem, I believe the Managed Payout Fund offered by Vanguard is what you're looking for.


I agree with this. While I wouldn't use it, it would counter the annuity sales pitch.
by Sbashore
Tue Jul 21, 2015 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Advice Sought in International Fund Choice
Replies: 24
Views: 1358

Re: Advice Sought in International Fund Choice

I use VTIAX as my international to get the most diversification. As you mentioned, it has twice as many stocks as the other choice. That's a big deal to me.
by Sbashore
Sat Jul 18, 2015 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: A retiree's personal experience...
Replies: 37
Views: 6547

Re: A retiree's personal experience...

I retired in late 2005. My current average draw from my 50/50 portfolio is around 5%. My median annual return since I retired has been around 10%. Seeing how I retired right between two rather severe down events in the stock market I have no complaints. :beer
by Sbashore
Tue Jun 02, 2015 12:54 pm
Forum: Investing - Help with Personal Investments
Topic: Allocation Opinion
Replies: 11
Views: 958

Re: Allocation Opinion

Guess it depends on what you mean by 'Better'. The best allocation for you is the one that will allow you to stay the course and meet your investment goals. Having said that, the difference between 90/10 and 80/20 is probably going to be minor.
by Sbashore
Sun May 31, 2015 12:36 pm
Forum: Investing - Theory, News & General
Topic: 5% of year-end portfolio balance for a 35-year SWR?
Replies: 38
Views: 5046

Re: 5% of year-end portfolio balance for a 35-year SWR?

I do something like this. I set my max portfolio spending at 5% of an average of my last two years portfolio balance and my current portfolio value. Smoothes things out a bit, but still reacts to current movements.
by Sbashore
Thu May 28, 2015 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Bond portfolio YTM> 3%
Replies: 24
Views: 1571

Re: Bond portfolio YTM> 3%

I guess what occurs to me is that requiring a certain performance number out of an asset class is probably going to cause difficulty. What you've done is set yourself up for performance chasing because you've set some number for your bonds yield in your IPS. I'm retired too, and I like to get as mu...
by Sbashore
Thu May 28, 2015 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Bond portfolio YTM> 3%
Replies: 24
Views: 1571

Re: Bond portfolio YTM> 3%

I guess what occurs to me is that requiring a certain performance number out of an asset class is probably going to cause difficulty. What you've done is set yourself up for performance chasing because you've set some number for your bonds yield in your IPS. I'm retired too, and I like to get as mu...
by Sbashore
Thu May 28, 2015 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Bond portfolio YTM> 3%
Replies: 24
Views: 1571

Re: Bond portfolio YTM> 3%

I guess what occurs to me is that requiring a certain performance number out of an asset class is probably going to cause difficulty. What you've done is set yourself up for performance chasing because you've set some number for your bonds yield in your IPS. I'm retired too, and I like to get as muc...
by Sbashore
Mon May 18, 2015 10:38 am
Forum: Investing - Theory, News & General
Topic: Benchmarking - Do you and what is your reference?
Replies: 13
Views: 843

Re: Benchmarking - Do you and what is your reference?

I don't have a real benchmark. I just compare my returns to the Total Stock Market Index and then mentally adjust for my AA. Since it's 50/50 it's easy. :happy
by Sbashore
Sat May 16, 2015 11:20 am
Forum: Personal Finance (Not Investing)
Topic: How much does social security factor into your retirement income?
Replies: 169
Views: 13310

Re: How much does social security factor into your retirement income?

Being a Federal Retiree my social security income is very small due to the Windfall Elimination Provision part of my SS calculation. If it went away it would not alter my situation noticeably.
by Sbashore
Tue May 12, 2015 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Please help me with deciding on temporary federal job offer
Replies: 12
Views: 1083

Re: Please help me with deciding on temporary federal job offer

I'm a retired Fed. Although your retirement won't look the same as mine, take the job.
by Sbashore
Fri May 08, 2015 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Retired, need help with investment
Replies: 30
Views: 3221

Re: Retired, need help with investment

I would like to repeat what others have said. You have done well and you can do it yourself. You don't need an advisor, and the one you mentioned certainly does not have your best interests in mind. Move your assets to Vanguard. At the same time focus on the most important thing to affect your futur...
by Sbashore
Wed May 06, 2015 2:52 pm
Forum: Investing - Theory, News & General
Topic: 1929 was a great year to buy stocks
Replies: 92
Views: 5402

Re: 1929 was a great year to buy stocks

This is one of the lessons of my Grandfather who talked to me about investing when I was young. Right after the crash of 1929 he inherited $2,000. It was the source of a great disagreement between him and my Grandmother. He wanted to buy stock, she wanted to bury it in the backyard. He won the argum...
by Sbashore
Tue Apr 14, 2015 10:24 am
Forum: Investing - Theory, News & General
Topic: This retiree is a bit confused
Replies: 21
Views: 3676

Re: This retiree is a bit confused

Everyone's situation is different, since pension and social security income as well as spending needs can make a big difference in what your portfolio must provide. I'm 67, retired with a 50/50 portfolio. I have pensions and social security income. I have a number of rules to managed my portfolio sp...
by Sbashore
Wed Apr 08, 2015 9:36 am
Forum: Investing - Help with Personal Investments
Topic: 50.00 Fee from Fidelity for transfer
Replies: 26
Views: 2792

Re: 50.00 Fee from Fidelity for transfer

Yes, it's normal, and 50 bucks is cheap compared to places like Edward Jones. But still it's annoying that you have to pay to get your own money back. If you are a regular customer of Fidelity, you might be able to talk them into dropping the fee. Paul Yes quite normal. I paid $95 per account (3 ac...
by Sbashore
Tue Apr 07, 2015 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Might Go $4,000 AAPL
Replies: 68
Views: 6114

Re: Might Go $4,000 AAPL

Personally after reading "Jobs" biography, I think Apple will wane over the long term. I might be right, I might be wrong. Flip a coin. In any event my investment in Apple is limited to its representation in my Total Stock Market Index Fund.
by Sbashore
Mon Apr 06, 2015 11:38 am
Forum: Investing - Theory, News & General
Topic: Switching 40% of my portfolio to bonds: just can't do it.
Replies: 52
Views: 7860

Re: Switching 40% of my portfolio to bonds: just can't do it

If the Stock market lost half of it's value, would you find yourself wishing that you 40% in Bonds? Exactly what I was thinking. I don't focus on expected return of bonds, and then compare it to stocks in my thought process. I don't hold bonds for their return, I hold them for their stability and h...
by Sbashore
Mon Apr 06, 2015 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Admiral Shares Versus ETFs
Replies: 16
Views: 2106

Re: Admiral Shares Versus ETFs

For years I held Vanguard ETFs in a non-Vanguard account. Then I switched to Vanguard. I now have all my holdings in Vanguard Mutual Funds Admiral Class. I like the mutual funds better. Far simpler and more convenient when I need to rebalance.
by Sbashore
Tue Mar 31, 2015 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds -stay the course, or....?
Replies: 6
Views: 708

Re: Bonds -stay the course, or....?

My thought is that expected return is not the reason I hold bonds.
by Sbashore
Wed Mar 25, 2015 10:43 am
Forum: Investing - Theory, News & General
Topic: U.S. cash pouring into international
Replies: 23
Views: 2794

Re: U.S. cash pouring into international

Short term cash chasing recent returns is what I think.
by Sbashore
Wed Mar 25, 2015 10:33 am
Forum: Investing - Help with Personal Investments
Topic: Another 4% question
Replies: 10
Views: 1275

Re: Another 4% question

Do you consider home equity part of your retirement portfolio? Would you sell your home or take a reverse mortgage in order to pay your living expenses? If both answers are yes, then it may make sense not count the amount you withdraw to repay your mortgage principal as part of your 4% withdrawal. ...
by Sbashore
Tue Mar 17, 2015 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: VTINX - The Embodiment of Vanguard
Replies: 9
Views: 2136

Re: VTINX - The Embodiment of Vanguard

Congratulations. Making that decision on overall AA and then the choice of vehicle has you well down the road to success.
by Sbashore
Fri Mar 13, 2015 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Bad Bond Behavior
Replies: 36
Views: 2788

Re: Bad Bond Behavior

^ 25 years?! That's reassuring to hear from someone with a loooong track record in bond funds. But as I mentioned in my post, I understand the NAV will decline with a hike but I don't understand if that means the total return for the VBTLX will be likely be negative during the length of fund's dura...
by Sbashore
Fri Mar 13, 2015 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Bad Bond Behavior
Replies: 36
Views: 2788

Re: Bad Bond Behavior

When the first rate height eventually occurs what do you project most people invested in VBTLX will do? Dump and run to CDs? Or hold? Do you think the folks on this site react much differently than investors at large? Also, I am still a bit confused. During prolonged periods of rates hikes can/will...
by Sbashore
Wed Mar 11, 2015 11:07 am
Forum: Investing - Help with Personal Investments
Topic: When does market timing make sense?
Replies: 34
Views: 1745

Re: When does market timing make sense?

rocko wrote:^ That's exactly my point.

Wait for a really bad day to buy more with my cash which turns it into a really GOOD day.

I think we're saying the same thing. Right?


It might turn it into a really good day............................or not. Flip a coin. :happy
by Sbashore
Wed Mar 11, 2015 10:31 am
Forum: Investing - Help with Personal Investments
Topic: When does market timing make sense?
Replies: 34
Views: 1745

Re: When does market timing make sense?

I agree. These times do not strike me as particularly turbulent. If you wait the 90 days you are just reinforcing the idea that it's a beneficial thing to do. I'd rather just take that particular gamble off the table. And that's all it is - gambling. Having said that I agree with Livesoft. If I look...
by Sbashore
Tue Mar 10, 2015 12:40 pm
Forum: Personal Consumer Issues
Topic: Trip to [Zihuatanejo] Mexico
Replies: 37
Views: 3835

Re: Trip to Mexico

Bring some Pesos would be my recommendation, but I personally would not be going as I take enough chances with work to consider taking chances on vacation. A couple of links: http://travel.state.gov/content/passports/english/alertswarnings/mexico-travel-warning.html http://www.forbes.com/sites/doli...
by Sbashore
Tue Mar 10, 2015 12:29 pm
Forum: Investing - Theory, News & General
Topic: Duration - interest rate question
Replies: 5
Views: 739

Re: Duration - interest rate question

It would be for bonds that reflect the same risk/reward profile. So that would mean same maturity, same term, same quality, etc. Anything that skews the relationship between risk and reward will be priced in. You're on the right track.
by Sbashore
Tue Mar 10, 2015 12:25 pm
Forum: Investing - Theory, News & General
Topic: Advance event pricing
Replies: 4
Views: 444

Re: Advance event pricing

Just looking for your opinions: Assuming that interest rates will rise and have an adverse effect on stocks and bonds, how far in advance do you think the market will price for this event? That is e.g., if the fed will likely increase interest rates in June, will the market fully price for this eve...
by Sbashore
Mon Mar 09, 2015 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Are you happy after retirement?
Replies: 24
Views: 2463

Re: Poll: Are you happy after retirement?

Much less stress and frustration now that I'm retired. My position with the Federal Gov't provided me with a nice retirement, glad the dues are now paid.
by Sbashore
Mon Mar 09, 2015 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Ideal next job knocked too soon
Replies: 20
Views: 1864

Re: Ideal next job knocked too soon

As others have said, you don't have to make a decision yet. Being a retired federal employee I'd say go for it if offered and you decide it's truly your ideal job.
by Sbashore
Mon Mar 09, 2015 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card "Benefits" that really mean something
Replies: 13
Views: 2390

Re: Credit Card "Benefits" that really mean something

I've used the rental car CDW insurance on my VISA card. It worked well to offset what the rental car company charged.
by Sbashore
Sun Mar 08, 2015 10:45 am
Forum: Investing - Help with Personal Investments
Topic: Bear Market strategies, if any
Replies: 61
Views: 6883

Re: Bear Market strategies, if any

I had investments during 1987, 2000-2002 and 2008. In all those cases, not doing anything in reaction to what happened turned out to be the best course of action. It was not always intentional, since in 1987 I had flubbed a form to get out of equities, but had only checked the box that applied to ne...
by Sbashore
Sat Mar 07, 2015 11:25 am
Forum: Personal Finance (Not Investing)
Topic: My first $100K!
Replies: 17
Views: 2341

Re: My first $100K!

Congratulations! At your age all I had was a credit card balance. :D
by Sbashore
Wed Mar 04, 2015 11:02 am
Forum: Investing - Theory, News & General
Topic: Taylor Larimore Honored
Replies: 59
Views: 6382

Re: Taylor Larimore Honored

Congratulations Taylor.
by Sbashore
Sun Mar 01, 2015 11:06 am
Forum: Investing - Help with Personal Investments
Topic: Should I buy service time for retirement?
Replies: 7
Views: 1251

Re: Should I buy service time for retirement?

Just a quick look at the numbers, it seems to be a good deal to me. I'd do it if it was me. What seals the deal for me is the peace of mind it gives you, since you feel the way you do about the job.
by Sbashore
Wed Feb 25, 2015 11:21 am
Forum: Investing - Theory, News & General
Topic: REITs [Why did Vanguard's REIT lose 2% today?]
Replies: 33
Views: 3939

Re: REITs

TOMO wrote:I also have held REITs for a while. I just don't understand why REITs went down so much when most stock and bond funds went up.


I don't know either, but this is precisely why I hold it. :D
by Sbashore
Thu Feb 12, 2015 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Brokerage
Replies: 15
Views: 1736

Re: Wells Fargo Brokerage

I held Vanguard ETF's at Wells Fargo for years. I had no problem with their service until I started taking distributions. Wells Fargo is really clunky compared to Vanguard. I had to find a form, fill it out and fax it. They never acknowledged receipt of my fax, so I always had to wait to see if the ...
by Sbashore
Sat Feb 07, 2015 12:05 pm
Forum: Investing - Theory, News & General
Topic: Asymmetric Rebalancing in Withdrawal Phase
Replies: 27
Views: 2024

Re: Asymmetric Rebalancing in Withdrawal Phase

I view a lot of strategies as being the result of an inappropriate struggle between greed and fear. Greed drives people to use an asset allocation that is too high for their risk tolerance. They are unwilling to give up the potential reward of a high stock allocation. But the proof that it is reall...
by Sbashore
Sat Feb 07, 2015 11:47 am
Forum: Investing - Theory, News & General
Topic: Asymmetric Rebalancing in Withdrawal Phase
Replies: 27
Views: 2024

Re: Asymmetric Rebalancing in Withdrawal Phase

This is a strategy based on market timing. I prefer to avoid that. What I do is limit my rebalancing to once a year per equity asset class. For example, one buy and one sell of Total Stock Market Index Fund per calendar year.
by Sbashore
Thu Feb 05, 2015 11:09 am
Forum: Investing - Theory, News & General
Topic: "The Shocking Impact of Charges on Investment Returns"
Replies: 2
Views: 854

Re: "The Shocking Impact of Charges on Investment Returns"

Thanks Taylor. That's an excellent, straightforward explanation of the impact of fees.
by Sbashore
Wed Feb 04, 2015 10:25 am
Forum: Investing - Theory, News & General
Topic: FI: Total Bond Market or Intermediate Fund?
Replies: 19
Views: 2959

Re: FI: Total Bond Market or Intermediate Fund?

I use the total bond fund and the TSP G fund for all of my bond holdings.
by Sbashore
Mon Feb 02, 2015 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: POLL: How Will You Complete Your 2014 Taxes?
Replies: 69
Views: 5460

Re: POLL: How Will You Complete Your 2014 Taxes?

I switched to Tax Act from Turbo Tax this year.

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