Search found 3842 matches

by bertilak
Thu Aug 27, 2015 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: What is Your Plan B if Quicken dies? [Intuit selling Quicken unit]
Replies: 48
Views: 3947

Re: What is Your Plan B if Quicken dies?

I moved from Quicken to QuickBooks a number of years ago and never regretted it. QuickBooks has much greater functionality and customizability (if you are willing to invest some time in learning it). Is Quickbooks as advanced as Quicken or Mint for personal budgeting / cashflow? If so, I would cons...
by bertilak
Thu Aug 27, 2015 1:22 pm
Forum: Investing - Theory, News & General
Topic: Why no diversification benefit for international in this week's crash?
Replies: 60
Views: 2990

Re: Why no diversification benefit for international in this week's crash?

Benjamin Graham said that in the short run the market is a voting machine but in the long run the market is a weighing machine. Note that prices are NOT set by people's estimate of current value, but by their expectations of FUTURE value. Those expectations are a lot more volatile than the underlyin...
by bertilak
Thu Aug 27, 2015 9:56 am
Forum: Investing - Theory, News & General
Topic: Why no diversification benefit for international in this week's crash?
Replies: 60
Views: 2990

Re: Why no diversification benefit for international in this week's crash?

I'm thinking that the above mentioned differences between US and International funds has more to do with the open/close times of the exchanges than any lack of correlation.
by bertilak
Thu Aug 27, 2015 6:22 am
Forum: Investing - Help with Personal Investments
Topic: Investment help [providing for spouse without pension]
Replies: 5
Views: 412

Re: Investment help [providing for spouse without pension]

You didn't mention what your expenses are. That makes a difference in how much income your investments will need to provide. An annuity (SPIA or DIA) may be useful but, if you have a mortgage, there is a possible alternative, one which I just implemented. If instead of using part of that six-figure ...
by bertilak
Wed Aug 26, 2015 1:43 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks Does it Ever Make Sense?
Replies: 73
Views: 3303

Re: Individual Stocks Does it Ever Make Sense?

I am no longer a stock picker but I have good friends who are and their portfolios have beat the pants off mine the last 10-15 years. I keep saying to them that they can't win, it will all mean revert but it never seems to. Either they know how to pick 'em, or are just lucky. I am not sure it matte...
by bertilak
Wed Aug 26, 2015 1:09 pm
Forum: Investing - Theory, News & General
Topic: Wash Sale Quiz!
Replies: 34
Views: 1473

Re: Wash Sale Quiz!

There are lots of questions about tax-loss harvesting and potential Wash Sales nowadays (just like in previous market drops). So it's time to see if we have learned anything. Here is the FIRST question in the Quiz, please answer below. 1. Investor has recently purchased VTI with the following dates...
by bertilak
Tue Aug 25, 2015 8:32 am
Forum: Forum Issues and Administration
Topic: Multiple "Topic reply notification" emails
Replies: 4
Views: 287

Re: Multiple "Topic reply notification" emails

retiredjg wrote:I've gotten a few too. I think they are trying to fix a problem with email notifications that have not been going out as they should since the last upgrade. Maybe unlocking the logjam is causing some extra notifications.

Or we have been getting all the missing ones!
by bertilak
Tue Aug 25, 2015 7:59 am
Forum: Investing - Theory, News & General
Topic: 100% equities - my reasoning
Replies: 105
Views: 8721

Re: 100% equities - my reasoning

I'm with you on that 100% equities thing. As a mater of fact I have committed half of my portfolio to it!
by bertilak
Mon Aug 24, 2015 4:31 pm
Forum: Forum Issues and Administration
Topic: Multiple "Topic reply notification" emails
Replies: 4
Views: 287

Re: Multiple "Topic reply notification" emails

livesoft wrote:Maybe the last person who posted edited their post 3 times? It would look like a single post without edits.

Here is my first edit and a submit.

And a second edit with a submit.

... and only one notice came through.
by bertilak
Mon Aug 24, 2015 2:43 pm
Forum: Investing - Theory, News & General
Topic: Cheap copy of Lange's Retire Secure 3rd Edition
Replies: 42
Views: 4081

Re: Cheap copy of Lange's Retire Secure 3rd Edition

Got the book today. It's a big fat hardcover. Took a quick glance at the RMD section since my first RMD is coming up shortly. I already learned one BIG thing! ⋅ Any tax withheld from a year-end RMD can be used to cover ALL taxes you owe, as if the withholding had been paid evenly throughou...
by bertilak
Mon Aug 24, 2015 1:54 pm
Forum: Forum Issues and Administration
Topic: Multiple "Topic reply notification" emails
Replies: 4
Views: 287

Multiple "Topic reply notification" emails

Lately I have been getting as many as THREE "Topic Reply Notifications" for the same thread. I don't think this is a matter of things passing each other in the aether. I have been away from the computer for over an hour and I just got 2 notices for "What to do now with market crash?&q...
by bertilak
Mon Aug 24, 2015 7:21 am
Forum: Investing - Help with Personal Investments
Topic: What to do now with market crash?
Replies: 56
Views: 7056

Re: What to do now with market crash?

There is no real measurable reason as to why I "feel good" about it but I just like the idea of what Alphabet is; Larry Page created it to focus on future tech such as driverless cars, google fiber, and life sciences division. Those things have huge potential. But getting back to taking a...
by bertilak
Sun Aug 23, 2015 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: What is Your Plan B if Quicken dies? [Intuit selling Quicken unit]
Replies: 48
Views: 3947

Re: What is Your Plan B if Quicken dies?

When making a warranty claim, you need to know when you bought it -- but you also then need a copy of the receipt, so that's presumably not sitting in your Quicken history. I have several times in just the past couple of years needed a receipt for warranty purposes. I buy everything with a credit c...
by bertilak
Sun Aug 23, 2015 3:02 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing bands revisited, a proposal
Replies: 37
Views: 2687

Re: Rebalancing bands revisited, a proposal

There is a 2007 paper about this topic: Opportunistic Rebalancing It has two concepts and explores their relationship, based on historical data. ⋅ Rebalance bands. ⋅ Look time: How often to check to see if a band has been crossed. They find various implications. My takaway was th...
by bertilak
Sun Aug 23, 2015 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Brokerage Roth IRA vs Roth IRA
Replies: 7
Views: 798

Re: Vanguard Brokerage Roth IRA vs Roth IRA

Not sure but I think conversion is optional, not mandatory. https://investor.vanguard.com/info/account-upgrade Optional (for now). I have one account I did not convert. It is an Estate Account where I am the executor. The web page gives me a constant reminder to convert: Action requested (In BIG LE...
by bertilak
Sun Aug 23, 2015 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: What is Your Plan B if Quicken dies? [Intuit selling Quicken unit]
Replies: 48
Views: 3947

Re: What is Your Plan B if Quicken dies?

"I would be totally lost without Quicken, and honestly, the older I get, and the worse my memory is, I don't understand how people function without such a tool. My financial life would feel like chaos without Quicken." Feel somewhat the same way,,,I would figure something out though. Don'...
by bertilak
Sat Aug 22, 2015 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Need investment retirement help
Replies: 11
Views: 744

Re: Need investment retirement help

Do you know, if they also help on the tax planning of stocks that are purchased and sold? You should establish a relationship with a CPA. He or she should be consulted before anything is sold and should do all the taxes. I'm pretty sure Vanguard will not do tax planning for you. Once things settle ...
by bertilak
Sat Aug 22, 2015 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Need investment retirement help
Replies: 11
Views: 744

Re: Need investment retirement help

On Monday, call Vanguard at at 877-527-4942.

They have "Vanguard Personal Advisor Services."

This is a financial planning service that is much cheaper than the ones you have been looking at. Vanguard is the wave of the future here.
by bertilak
Sat Aug 22, 2015 11:36 am
Forum: Investing - Theory, News & General
Topic: A warning on RBDs [Really Bad Days]
Replies: 46
Views: 6286

Re: A warning on RBDs

With stars in my eyes I ran to my Vanguard taxable account to see what I could TLH. I was devastated to see it was still in the black. :-(
by bertilak
Sat Aug 22, 2015 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Intuit to Sell off Quicken
Replies: 26
Views: 2666

Re: Intuit to Sell off Quicken

Made my own spreadsheets that serve my purpose. I use the three fund portfolio so it's really easy to manually enter the data. For those of you using Microsoft Excel the following will put the current price quote for a security into a spreadsheet cell. The ticker is in cell A1, for example VTSAX. Y...
by bertilak
Sat Aug 22, 2015 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Intuit to Sell off Quicken
Replies: 26
Views: 2666

Re: Intuit to Sell off Quicken

My crystal ball says look for a yearly subscription fee. :beer Ya know, I think I would prefer that. I already pay a monthly fee for their Bill Pay service and when something goes wrong with that they are right on top of it. A subscription would probably bring in more income for them, too. Maybe th...
by bertilak
Fri Aug 21, 2015 1:13 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1924
Views: 338055

Re: U.S. stocks in freefall

I went to Cash a week or so ago in my Roth IRA because I'm moving from Schwab to Vanguard and I figured cash would be easier to move. Not a market timer but feels good to have dodged a few percentage points of losses by accident. I will jump back in once the transfer is complete. I did half of that...
by bertilak
Fri Aug 21, 2015 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Intuit to Sell off Quicken
Replies: 26
Views: 2666

Re: Intuit to Sell off Quicken

Yes, I am hooked on Quicken. My financial life revolves around it -- keeping track of various account balances. I have 8 separate institutions and well over dozen accounts that I download data from, MANY years of history that comes in handy more often than one might think. Many bills are paid via Qu...
by bertilak
Fri Aug 21, 2015 9:35 am
Forum: Investing - Theory, News & General
Topic: Visualize Market Size (and other market data)
Replies: 2
Views: 221

Visualize Market Size (and other market data)

This article shows a map of countries scaled to the size of their stock markets. Overall, US=52%. The article appears to have taken a screen-shot of this PDF from Bank of America / Merrill Lynch . See page 41. There are many other maps in that PDF which will help you visualize various aspects of &s...
by bertilak
Wed Aug 19, 2015 7:36 pm
Forum: Personal Consumer Issues
Topic: What's a Bug Out Bag and who uses them?
Replies: 67
Views: 7403

Re: What's a Bug Out Bag and who uses them?

I knew someone whose "bug out bag" consisted in large part of 6 or 8 credit cards. The idea was to collect as much cash as fast as you can so you can move fast, far and incognito. I guess it depends on what one expects to bug out from.
by bertilak
Wed Aug 19, 2015 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: should we keep a mortgage in retirement
Replies: 17
Views: 1665

Re: should we keep a mortgage in retirement

Funny you should ask! I am retired and have (had) 25 years left on a 30 year mortgage. A few days ago I decided to pin down exactly what my strategy should be to support my wife after my passing. In the past I had a generally vague notion that my portfolio was large enough to make up for the lost in...
by bertilak
Wed Aug 19, 2015 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: What the heck is an annuity and what do I do with it??
Replies: 2
Views: 475

Re: What the heck is an annuity and what do I do with it??

You might want to call Stan the Annuity Man . I have dealt with him looking into the possibility of a annuity three times now. Although he is in the business of selling annuities he has all three times recommended against an annuity for me (at that time -- might work out in the future) so I think he...
by bertilak
Wed Aug 19, 2015 1:04 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 949
Views: 169186

Re: What Book Are You Currently Reading? Part VI

Byzantium: The Early Centuries by John Julius Norwich. ... It's also an incredibly interesting read, due in no small part to Norwich's lively writing style. The subject itself is fascinating: many of the emperors were very colorful characters, and Norwich includes enough detail that there's somethi...
by bertilak
Wed Aug 19, 2015 5:35 am
Forum: Investing - Help with Personal Investments
Topic: Asset Allocation
Replies: 3
Views: 386

Re: Asset Allocation

It just seems somewhat intuitive to me that if there are more asset classes, re-balanced as appropriate, there is inherently less risk (and lower returns) than with a portfolio having fewer asset classes. So, for the same level of risk, a higher equity fraction might be appropriate. If you have Tot...
by bertilak
Sun Aug 16, 2015 10:11 am
Forum: Personal Consumer Issues
Topic: Laptop Recommendation
Replies: 35
Views: 2358

Re: Laptop Recommendation

Thanks guys! This is awesome. So probably stupid question but if the laptop is Bluetooth capable, does that mean I'd be able to link multiple Bluetooth devices to it at a time? Like a mouse, keyboard, and phone? Yes. Every time I link to my phone via Bluetooth I also have my Bluetooth mouse linked ...
by bertilak
Sun Aug 16, 2015 9:56 am
Forum: Investing - Theory, News & General
Topic: Some HiLites of the Retirement Research Consortium Annual Meeting
Replies: 44
Views: 4864

Re: Some HiLites of the Retirement Research Consortium Annual Meeting

Nudging Behavior When setting defined contribution (DC) retirement plan defaults, who is most affected by default settings? Prior research has strongly suggested that lower income employees are most affected by default settings, i.e. they are least likely to override the defaults in the plan. When ...
by bertilak
Sat Aug 15, 2015 4:40 pm
Forum: Personal Consumer Issues
Topic: Laptop Recommendation
Replies: 35
Views: 2358

Re: Laptop Recommendation

About screen size: Used to have a 15 inch laptop. I will never buy another. I now have a 13 inch notebook (Samsung). Wife has a 14 inch Lenovo notebook. Observations: Today's smaller screens have much higher resolutions than the older laptops. My 13 inch has 3200x1800. My old 15 inch was 1600x900. T...
by bertilak
Sat Aug 15, 2015 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Accounting for Cash Balance Plan in asset allocation?
Replies: 14
Views: 916

Re: Accounting for Cash Balance Plan in asset allocation?

I would take the cash balance amount into account as a potential asset when deciding your current allocation. It allows you to take a bit more risk if you want to. But, I would not make it a formal part of your actual investment allocation by say counting it as fixed income. It is similar to cash v...
by bertilak
Sat Aug 15, 2015 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Tax Strategies in 2nd Year of Retirement?
Replies: 26
Views: 3010

Re: Tax Strategies in 2nd Year of Retirement?

I think my inclinations would be ... ⋅ Don't delete the balance of your tax advantaged accounts. This "space" is inherently valuable because once you give it up you can never get it back. Paying RMDs will deplete this more than you'd like without you voluntarily doing so. This el...
by bertilak
Fri Aug 14, 2015 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for beginner with low funds.
Replies: 14
Views: 804

Re: Investment advice for beginner with low funds.

So lets say I have a AA at 80/20 market drops 50% tomorrow, I would then adjust to 85% stocks 15% bonds. Lets say it drops another 50% then 90% stock and 10% bonds. Probably wouldn't hurt you much to do that and you might even come out ahead. The problem is, it's a dangerous way of thinking. It is ...
by bertilak
Fri Aug 14, 2015 8:41 am
Forum: Investing - Help with Personal Investments
Topic: withdrawl strategies across tax and non-tax advantaged assets
Replies: 14
Views: 1419

Re: withdrawl strategies across tax and non-tax advantaged assets

I am in the withdrawal stage with taxable, Roth and traditional IRAs and recently put together a plan. It is documented in this thread: http://www.bogleheads.org/forum/viewtopic.php?f=1&t=170937 I got lots of help from the participants of the thread so don't look just at the first post as things...
by bertilak
Wed Aug 12, 2015 12:12 pm
Forum: Investing - Theory, News & General
Topic: Cap-weight indexers, how do you explain these graphs?
Replies: 64
Views: 3207

Re: Cap-weight indexers, how do you explain these graphs?

But the charts show this isn't the case: one is STRICTLY better off adding a small dose of SCV; you get both less risk and more reward. The issue for me is adding a small dose of SCV really does not change the overall result in any meaningful way. Let's say the SCV tilt over a long time will actual...
by bertilak
Wed Aug 12, 2015 11:52 am
Forum: Investing - Help with Personal Investments
Topic: A retiree's Investment Policy Statement
Replies: 32
Views: 3082

Re: A retiree's Investment Policy Statement

in_reality, I thought I'd already replied to your post but now I see the reply isn't there. Must have forgot to hit the submit button! In summary, your points are valid. The pension is 50% joint survivor. SS will be about 2/3 what we are collecting now. Things will be tighter but I think the portfol...
by bertilak
Tue Aug 11, 2015 11:40 am
Forum: Investing - Help with Personal Investments
Topic: A retiree's Investment Policy Statement
Replies: 32
Views: 3082

Re: A retiree's Investment Policy Statement

EDIT: See minor updates at the bottom. Here is my "cheat sheet." http://i1251.photobucket.com/albums/hh541/bertilak/cheatsheet_zpsnej6ujsm.png Updates ⋅ Added to the "Assets not matching target" action: Unless there is a really big discrepancy, wait for RMD time (Decem...
by bertilak
Tue Aug 11, 2015 8:46 am
Forum: Investing - Help with Personal Investments
Topic: A retiree's Investment Policy Statement
Replies: 32
Views: 3082

Re: A retiree's Investment Policy Statement

dandy, lafder, Thanks for the comments. I already though about getting back to the index card (or at least one-page) idea. The reason for the one-page goal is to have something to refer to that wasn't intimidating and would actually be read. As mentioned, it would be a "cheat sheet." I wou...
by bertilak
Mon Aug 10, 2015 11:12 am
Forum: Investing - Help with Personal Investments
Topic: RMD clarification please
Replies: 9
Views: 899

Re: RMD clarification please

Ok, here are the details. I'll be turning 70 in Oct of this year. I have a number of simple IRAs & one 401K. Total accounts equal ~ $220,000. What is the latest date at which I can take my initial distributions? Also, are the IRAs handled in the same manner as the 401K? Thanks so much for any &...
by bertilak
Sun Aug 09, 2015 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B Supplement - Down to Few Options
Replies: 30
Views: 1790

Re: Medicare Part B Supplement - Down to Few Options

After the analysis, I like the Part F High Deductible (United American) because it offers savings if you do not need the services in a year, and if you do the Plan F kicks in and covers everything. It seems like a "win-win". What am I missing ? It costs more than the nearly same Plan N. P...
by bertilak
Sun Aug 09, 2015 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B Supplement - Down to Few Options
Replies: 30
Views: 1790

Re: Medicare Part B Supplement - Down to Few Options

After the analysis, I like the Part F High Deductible (United American) because it offers savings if you do not need the services in a year, and if you do the Plan F kicks in and covers everything. It seems like a "win-win". What am I missing ? It costs more than the nearly same Plan N. P...
by bertilak
Sun Aug 09, 2015 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Medicare Part B Supplement - Down to Few Options
Replies: 30
Views: 1790

Re: Medicare Part B Supplement - Down to Few Options

Hi kanoe, The insurance broker we spoke with provided that info . I would get it in writing and also ask what happens if you relocate to a different state. That doesn't mean I think your information is wrong, but just I have always heard one doesn't generally move up in Medigap plans without medica...
by bertilak
Sun Aug 09, 2015 6:23 pm
Forum: Investing - Theory, News & General
Topic: So do the uber wealthy invest money the same way we do?
Replies: 95
Views: 9323

Re: So do the uber wealthy invest money the same way we do?

paper200 wrote:For the Uber-rich, I guess, the glass is too full to see the halfway mark let alone the bottom. So no worries. I guess even if they get to the bottom they will not know what hit them! :(

I believe many of these people have seen the bottom more than once. They hit back!
by bertilak
Sun Aug 09, 2015 6:15 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 949
Views: 169186

Re: What Book Are You Currently Reading? Part VI

... about an amazing episode from WWII, the kidnapping of a German general by British and Cretan guerrillas on Crete (which was occupied by the Germans) ... You might also enjoy Ill Met by Moonlight by W. Stanley Moss, a British agent. Moss was involved in the kidnapping and gives his first-hand ac...
by bertilak
Sun Aug 09, 2015 4:55 pm
Forum: Personal Consumer Issues
Topic: Anti-smartphone [basic phone + paper planner & address book] anyone??
Replies: 42
Views: 2914

Re: Anti-smartphone [basic phone + paper planner & address book] anyone??

I use my phone for the following: ⋅ Phone calls. It is nice that the phone and my car automatically connect via Bluetooth every time I get in the car. Hands free phone use while driving. ⋅ Texting - not while driving :happy My old Blackberry could text, but I hated it. I called t...
by bertilak
Sun Aug 09, 2015 11:37 am
Forum: Investing - Help with Personal Investments
Topic: Retiree Needs Investing Advice
Replies: 5
Views: 1002

Re: Retiree Needs Investing Advice

Have you looked at claiming spousal Social Security benefits for your wife? She should be able to collect about half of what you are collecting. (depends on age) Having Roth in cash is a waste. Might as well be in any old checking account. Best to put that money to work in that nice tax-free environ...

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