Search found 508 matches

by Swampy
Tue Aug 25, 2015 8:55 pm
Forum: Personal Consumer Issues
Topic: Trip to Denmark/Sweden
Replies: 23
Views: 2367

Re: Trip to Denmark/Sweden

I have a sort-of related general question - what about prices for 'make your own' meals? Wife & I will often buy things like cheese, bread, salami/sliced meats, fruits, veggies, dips at local markets. Are those prices reasonable? Yes, you'll experience better than restaurant pricing by going to...
by Swampy
Tue Aug 25, 2015 8:50 pm
Forum: Investing - Theory, News & General
Topic: [spurned advisor purports there is a Vanguard] Class Action Suit?
Replies: 43
Views: 5314

Re: [spurned advisor purports there is a Vanguard] Class Action Suit?

My adviser from the firm I am transitioning from ...


Enough said.

This sour grapes scumbag is upset about losing another easy mark :mrgreen: .
by Swampy
Tue Aug 25, 2015 5:27 pm
Forum: Personal Consumer Issues
Topic: Has anyone actually used gold or silver coins for a purchase?
Replies: 57
Views: 4426

Re: Has anyone actually used gold or silver coins for a purchase?

When I was a kid it was commonplace to use a silver dime or quarter.

In retrospect I wish I had used paper singles and got silver quarters back. Then again, a buck was something to behold!

Who knew?
by Swampy
Mon Aug 24, 2015 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: 2008 all over again...
Replies: 25
Views: 3925

Re: 2008 all over again...

Whatever. I had a very nice day today. Tuned in to watch the Chicken Little's on financial TV for all of 3 minutes after the close. That was more than enough! Who cares what the market will do tomorrow, next week or next year? If you're having the heebie-jeebies - you're either in too deep or you n...
by Swampy
Mon Aug 24, 2015 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: What to do now with market crash?
Replies: 56
Views: 7589

Re: What to do now with market crash?

I don't know about anyone else but this was a good day.
:D
by Swampy
Mon Aug 24, 2015 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Need investment retirement help
Replies: 11
Views: 839

Re: Need investment retirement help

Thank you Miriam2 for your kind words. I'm blushing :beer. Taylor Larimore has a great list of reading material on his link! LeeMKE, I don't know about "easy enough for a monkey to implement and manage." It seems like I employed an awful lot of monkeys as money managers/advisors/planners. ...
by Swampy
Mon Aug 24, 2015 7:03 am
Forum: Investing - Help with Personal Investments
Topic: What to do now with market crash?
Replies: 56
Views: 7589

Re: What to do now with market crash?

First of all, it's NOT a crash yet, it's not even close. I'm going to kick back and enjoy the day. NOBODY knows where the market will be at the end of the day, week, month, year or decade. It could go up, it could go down. Odds are, based on DOW futures, it'll be down - BUT by how much? 5%, 10%, 20...
by Swampy
Sat Aug 22, 2015 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Need investment retirement help
Replies: 11
Views: 839

Re: Need investment retirement help

Advise your mom to take a step back after her tragic loss and financial panic. I'm sorry to hear about her loss. Throw in the market's stumble this week and she probably feels like the world is against her. It isn't. Most importantly, does she have enough in cash reserves to get through the next few...
by Swampy
Sat Aug 22, 2015 8:19 am
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 8677

Re: How long will you"Stay the Course"?

"How long will I stay the course?" Until the journey is run and I'm at my final destination. That doesn't mean there won't be minor course corrections along the way, just like driving. I won't be doing 70 in a 25 zone. I'm the driver in the right or middle lane, not the driver in the left...
by Swampy
Sat Aug 22, 2015 7:56 am
Forum: Investing - Help with Personal Investments
Topic: Just confirming....."stay the course"?
Replies: 53
Views: 6084

Re: Just confirming....."stay the course"?

I love "Really Bad Days."
They fall right in line with my long term plans.

If we could have a month's worth of bad days, I'd be ecstatic!
:sharebeer
by Swampy
Tue Aug 18, 2015 10:59 am
Forum: Personal Consumer Issues
Topic: Trip to Denmark/Sweden
Replies: 23
Views: 2367

Re: Trip to Denmark/Sweden

Plan on spending LOTS of $$$$$$$, especially if you plan on dining out often. These were the prices that I saw posted in a Helsingborg 'burger joint' last year: Hamburger $30. French fries $12. Soft drink $ 8. Consider a trip to Oslo on your way to Stockholm. PS A couple of days in each city is not ...
by Swampy
Mon Aug 17, 2015 4:35 pm
Forum: Investing - Theory, News & General
Topic: Defining "stay the course"
Replies: 23
Views: 2184

Re: Defining "stay the course"

When, on occasion, all the noise in the media gets to me, I just recall: Don't do something - just stand there! Don't do something - just stand there! Don't do something - just stand there! Don't do something - just stand there! Don't do something - just stand there! Don't do something - just stand ...
by Swampy
Sat Aug 15, 2015 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: VTI vs VIG vs VYM [Total Stock vs. Div Appreciation vs. High Div Yield]
Replies: 10
Views: 1077

Re: VTI vs VIG vs VYM [Total Stock vs. Div Appreciation vs. High Div Yield]

Good points, all. Equity position has inched up a bit while cash position has come down slightly. I am highly risk averse, but realize to participate in equities one has to accept some calculated risk. I'm not shooting for the moon, but with this allocation I hope to earn 5% on the portfolio over th...
by Swampy
Sat Aug 15, 2015 8:40 am
Forum: Investing - Theory, News & General
Topic: Looking for a graph that shows how much of your Investment Gain is taken by different ERs
Replies: 17
Views: 930

Re: Looking for a graph that shows how much of your Investment Gain is taken by different ERs

John Bogle's book, "Don't Count On It," has a number of graphic depictions. It's easier just to get a financial calculator like the HP 12-C, and by using a pen and paper you can make your own custom charts. My HP 12-C is very durable, accurate, nearly 30 years old and still works great. I ...
by Swampy
Sat Aug 15, 2015 6:12 am
Forum: Investing - Help with Personal Investments
Topic: VTI vs VIG vs VYM [Total Stock vs. Div Appreciation vs. High Div Yield]
Replies: 10
Views: 1077

Re: VTI vs VIG vs VYM [Total Stock vs. Div Appreciation vs. High Div Yield]

Thank you LadyGeek and Taylor for pointing the problem with just using symbols out to me. Regarding the dividend taxation question, I'm not too concerned paying taxes every year as opposed to (hopefully) kicking taxes down the road with the other funds. The appeal is getting a higher dividend payout...
by Swampy
Fri Aug 14, 2015 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: VTI vs VIG vs VYM [Total Stock vs. Div Appreciation vs. High Div Yield]
Replies: 10
Views: 1077

VTI vs VIG vs VYM [Total Stock vs. Div Appreciation vs. High Div Yield]

I'm looking at moving additional cash from a 1% savings account to one, or possibly all, of the above funds to get a 'bump' in dividends paid out with less attention and concern for capital gains and tax deferral. This would be in a taxable account and I'd take the dividend distribution to help cove...
by Swampy
Thu Aug 13, 2015 8:01 am
Forum: Investing - Theory, News & General
Topic: 12yo son's investing class at school driving me nuts
Replies: 46
Views: 8553

Re: 12yo son's investing class at school driving me nuts

My 12-year-old son was placed in a gifted class at school about 3 years ago, and so far, I've felt everything they've done has benefited him. Personally, I think you're asking too much from the teacher. This is a 6th grade class, isn't it? It's a start - period. There is a price to be paid for educ...
by Swampy
Mon Aug 10, 2015 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Commission
Replies: 11
Views: 1056

Re: Real Estate Commission

I'm just ranting


Yes, you are. Deal with it.
by Swampy
Mon Aug 10, 2015 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Coworkers Ignorant to Retirement Savings and Investing
Replies: 41
Views: 4033

Re: Coworkers Ignorant to Retirement Savings and Investing

surfstar, it's Doctor Bernstein.

He's a retired neurologist and fully earned that moniker of respect.
by Swampy
Mon Aug 10, 2015 1:30 pm
Forum: Personal Consumer Issues
Topic: first time home buyer lifestyle decision
Replies: 14
Views: 1381

Re: first time home buyer lifestyle decision

Based on your updated information, I doubt the house on 6 acres is the right one for you.
by Swampy
Mon Aug 10, 2015 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Coworkers Ignorant to Retirement Savings and Investing
Replies: 41
Views: 4033

Re: Coworkers Ignorant to Retirement Savings and Investing

You won't be a hero, so don't set yourself up as a possible scapegoat.

Tell them about Bogle's and Ferri's books in the public library and call it a day.

It's up to them if they want to be less ignorant.

They're the ones who will have to deal with the consequences.
by Swampy
Mon Aug 10, 2015 9:11 am
Forum: Personal Consumer Issues
Topic: first time home buyer lifestyle decision
Replies: 14
Views: 1381

Re: first time home buyer lifestyle decision

Having lived in urban areas our entire lives, years ago we finally moved to a home on 6 acres about 5 minutes from schools and 10 minutes outside of commercial areas. It was a terrific change and would be hard pressed to go back to an urban/suburban environment. My nearest neighbor is 200 yards away...
by Swampy
Fri Aug 07, 2015 9:09 am
Forum: Personal Consumer Issues
Topic: Best used car for under 15k?
Replies: 40
Views: 3491

Re: Best used car for under 15k?

Having just re-experienced car shopping for the Nth time, we purchased a new 2015 Corolla LE for less than $18,300 OTD - tax, tag, title, and all fee's inclusive out the door pricing. Even with internet shopping and pricing, it's a time consuming process. You still have to test drive a model to see...
by Swampy
Thu Aug 06, 2015 7:06 pm
Forum: Investing - Theory, News & General
Topic: How to invest if you start with delay?
Replies: 16
Views: 2064

Re: How to invest if you start with delay?

How to invest if you start with a delay?


Easy.

You SAVE more aggressively.

You INVEST more cautiously.

Taking more risk is just that - taking more risk.

Can you deal with the consequences if risk doesn't smile on your plans?
by Swampy
Wed Aug 05, 2015 4:15 pm
Forum: Personal Consumer Issues
Topic: Paris Itinerary questions
Replies: 33
Views: 1699

Re: Paris Itinerary questions

I could spend a month in Paris alone. We were there a few years ago, staying a week in a rental apartment just one block from the Eiffel, thoroughly immersing ourselves and enjoying the local ambience. Five days is NOT enough to do side trips outside the city with the possible exception of Versaille...
by Swampy
Tue Aug 04, 2015 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Lump Sum or Pension?? help please...
Replies: 18
Views: 1513

Re: Lump Sum or Pension?? help please...

My suggestion would be to buy an HP 12-C financial calculator today, failing that, there is an online version available. I would have posted it, but the website specifically forbids copying the calculator to other sites. Familiarize yourself with its functions, then crunch numbers to your heart's co...
by Swampy
Tue Aug 04, 2015 7:21 am
Forum: Investing - Theory, News & General
Topic: Retiring in 10 years
Replies: 24
Views: 2618

Re: Retiring in 10 years

My friend recently asked me (finally!) for some suggestions on what she should be doing to prepare for retirement. She wants to retire in 10 years, but isn't in a position financially to do so. MathWizard is 110% correct about not giving too much advice. Perhaps the best thing you can do for your f...
by Swampy
Mon Aug 03, 2015 8:00 pm
Forum: Investing - Theory, News & General
Topic: Retiring in 10 years
Replies: 24
Views: 2618

Re: Retiring in 10 years

rca1824 wrote You don't have to reduce your withdrawals by half when the market is down. If you run some backtesting simulations even during the great depression a 100% equity portfolio could still maintain a 3% SWR for 30+ years.Not that I would be 100% equity myself ( prefer 90/10 so I have dry po...
by Swampy
Mon Aug 03, 2015 8:48 am
Forum: Investing - Theory, News & General
Topic: Retiring in 10 years
Replies: 24
Views: 2618

Re: Retiring in 10 years

At her age, is it worth putting her money in an all-stock market index fund for the next 10 years? If I'm reading this correctly she want's to be 100% in equities? Only if she can handle living on half of that that amount when the market gets a case of the flu. This is the typical Las Vegas casino ...
by Swampy
Sun Aug 02, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Moving $$$ from a Regular IRA to a Roth......
Replies: 7
Views: 586

Re: Moving $$$ from a Regular IRA to a Roth......

Talk to your CPA about this toward the end of the year when you get a clearer picture of income, dividends, interest, cap gains, etc.
by Swampy
Sat Aug 01, 2015 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Protecting a young adult from his money?
Replies: 27
Views: 3612

Re: Protecting a young adult from his money?

Sorry, I missed the part about "non-minor." Correct, the only possibility to protect this young person from themselves is to go through a declaration of incompetency via the medico-legal system and the courts. After re-reading it, there seems to be very little that can be done at this poin...
by Swampy
Fri Jul 31, 2015 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting a young adult from his money?
Replies: 27
Views: 3612

Re: Protecting a young adult from his money?

If the parents can access the money before he turns 18, I'd encourage them to do so - IMMEDIATELY to keep it out of his reach. Mind you, this is still the child's money - NOT the parent's - but it has to be handled much like a loaded gun when a minor is involved. SAFETY FIRST. I'm no great fan of l...
by Swampy
Fri Jul 31, 2015 8:00 pm
Forum: Investing - Theory, News & General
Topic: "The Sad State of the Financial Web, in 10 Charts"
Replies: 13
Views: 2587

Re: "The Sad State of the Financial Web, in 10 Charts"

The sad state can easily be attributed to the fast buck gambler mentality of so many people today. "There is no sense of ownership, 'renters' are just in it for a very short time" to paraphrase Bogle. It seems that the uneducated or unintelligent individual lacks a plan for their future an...
by Swampy
Wed Jul 29, 2015 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Am I just getting old?
Replies: 19
Views: 2353

Re: Am I just getting old?

If you're not getting old(er), you're dead. :mrgreen:

:happy
by Swampy
Wed Jul 29, 2015 8:11 am
Forum: Investing - Help with Personal Investments
Topic: Advisor fee question
Replies: 19
Views: 1466

Re: Advisor fee question

Most was in qualified accounts. Talk to your CPA before doing anything to see if there's a way you can avoid getting hit too hard. Bottom line, if you get hit with a tax bill for moving once - it's over. You have to weigh that against substandard returns and getting bled dry slowly over the years. ...
by Swampy
Tue Jul 28, 2015 8:10 pm
Forum: Investing - Help with Personal Investments
Topic: Advisor fee question
Replies: 19
Views: 1466

Re: Advisor fee question

After reading extensively and finally getting the courage to fire my financial advisor who was taking 1% plus his 12b-1 kickbacks from high expense ratio funds three years ago, I am many thousands of dollars ahead by switching to low expense ratio index funds. The most deceptive part of advisory fee...
by Swampy
Sun Jul 26, 2015 7:34 am
Forum: Investing - Theory, News & General
Topic: Scott Burns – Don’t quit your day job.
Replies: 103
Views: 10891

Re: Scott Burns – Don’t quit your day job.

Everything is always clearer with 20:20 hindsight.

I wouldn't suggest driving down a freeway just looking in the rearview, though.
by Swampy
Sun Jul 26, 2015 7:32 am
Forum: Investing - Theory, News & General
Topic: 50/50 asset allocation
Replies: 69
Views: 6165

Re: 50/50 asset allocation

VWIAX 0.18 ER. (38% equity/62% bond) VWENX 0.18 ER. (65% equity/35% bond) VASIX 0.14 ER. (20% equity/80% bond) VTI 0.05 ER. (100% equity) BND 0.07 ER. (100% bond) Is it really that hard to allocate and rebalance so that you choose to pay a multiple of the base ER which could add thousands to your co...
by Swampy
Sat Jul 25, 2015 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Hourly W2 - Any Retirement Options?
Replies: 10
Views: 870

Re: Hourly W2 - Any Retirement Options?

You can always put money in a non-qualified account.
by Swampy
Sat Jul 25, 2015 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: $100,000 to invest for two years
Replies: 13
Views: 1499

Re: $100,000 to invest for two years

If you had $100,000 to invest for only two years and you were disappointed with interest rates in safe savings instruments, where would you put it? You are willing to take some risk but you don't want to lose it all. This is a fantasy based question, not a recommendation. I'd deal with my disappoin...
by Swampy
Wed Jul 22, 2015 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for a down payment
Replies: 3
Views: 388

Re: Saving for a down payment

I was thinking of using the following allocation in my taxable account and was wondering if this is a good distribution


90% equities?

IMHO, no.
by Swampy
Wed Jul 22, 2015 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Does my estate planning attorney need to know net worth?
Replies: 16
Views: 2816

Re: Does my estate planning attorney need to know net worth?

Having just completed a family trust and a special needs trust, I think the attorney should have an "idea" of what your assets are, but I don't think the attorney needs to know your specific net worth. Our attorney was given a fair approximation of net worth, including term life insurance...
by Swampy
Mon Jul 20, 2015 9:40 am
Forum: Personal Finance (Not Investing)
Topic: retiring at 65 vs 66
Replies: 14
Views: 1569

Re: retiring at 65 vs 66

Another way to look at it is,

is it worth working another year for possibly getting $2.66 a day extra - rather than just enjoying life now?
by Swampy
Mon Jul 20, 2015 9:37 am
Forum: Personal Finance (Not Investing)
Topic: retiring at 65 vs 66
Replies: 14
Views: 1569

Re: retiring at 65 vs 66

My thoughts on this are quite simple,

A bird in the hand is worth two, or many more, in the bush.
by Swampy
Sat Jul 18, 2015 8:38 am
Forum: Personal Finance (Not Investing)
Topic: losing money on a house....how do Bogleheads deal with it emotionally?
Replies: 76
Views: 6410

Re: losing money on a house....how do Bogleheads deal with it emotionally?

How do Bogleheads deal with losing money on a house? Scenario: - Moved from city A to city B for a new job 3 years ago. - 6 months into living in city B we bought a new construction townhome thinking we would stay here for a long time. - In the last year, DW has become VERY unhappy with city B and ...
by Swampy
Fri Jul 17, 2015 3:02 pm
Forum: Investing - Theory, News & General
Topic: Wade Pfau on Asset Allocation Using PE10
Replies: 83
Views: 6248

Re: Wade Pfau on high CAPE ratios

I believe that this is already being discussed here:

viewtopic.php?f=10&t=169344

Maybe LadyGeek could merge the two for simplicity?

Personally, I see nothing wrong with using it as a tool.

I LIKE to buy things on sale.
by Swampy
Thu Jul 16, 2015 5:10 pm
Forum: Investing - Theory, News & General
Topic: Backtesting Calculator for 3-4 fund portfolios, etc.
Replies: 3
Views: 333

Re: Backtesting Calculator for 3-4 fund portfolios, etc.

Thank you!

The PortfolioVisualizer is exactly what I was looking for.
by Swampy
Thu Jul 16, 2015 4:49 pm
Forum: Investing - Theory, News & General
Topic: Backtesting Calculator for 3-4 fund portfolios, etc.
Replies: 3
Views: 333

Backtesting Calculator for 3-4 fund portfolios, etc.

Is there a link to a backtesting calculator which allows one to vary the asset allocation in the various portfolios, from the standard three fund portfolio to the lazy portfolios? Example, instead of having equal allocations to each of the three funds in the 3 fund portfolio, how would one simply ca...
by Swampy
Wed Jul 15, 2015 7:44 am
Forum: Personal Finance (Not Investing)
Topic: I tipped 15% and got a dirty look
Replies: 129
Views: 7018

Re: I tipped 15% and got a dirty look

Just another reason why we eat at home more often than not.
It's tedious.

I really despise putting up with this nonsense.

I don't tip on tax, however if it's BOGO or discount night, I'll definitely tip based on including the full price of the reduced or 'free' meal.

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