Search found 3848 matches

by bertilak
Sat Aug 29, 2015 10:11 am
Forum: Investing - Theory, News & General
Topic: Reblancing
Replies: 9
Views: 401

Re: Reblancing

How many folks don't rebalance, but add more to the underfunded asset until it is back to your desired AA. What are the pros and cons of rebalancing this way, if there is any. To me, that IS rebalancing. It is just one technique to use. The " pro " of this technique (with Vanguard anyway)...
by bertilak
Sat Aug 29, 2015 9:53 am
Forum: Investing - Theory, News & General
Topic: The Superinvestors of Graham-and-Doddsville
Replies: 9
Views: 753

Re: The Superinvestors of Graham-and-Doddsville

What does this say about the 3-fund portfolio? Could one do better by holding "Value" funds, as Buffett suggests, and Fama's research shows? Charlie Munger explains the discrepancy in that. There are two investing philosophies that are unrelated but BOTH labeled "Value." ⋅&...
by bertilak
Sat Aug 29, 2015 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Index ETF or index funds: should I use ETF if there is no commission fee in a taxable account?
Replies: 14
Views: 574

Re: Index ETF or index funds: should I use ETF if there is no commission fee in a taxable account?

To jump in with a follow on question... When you buy a traditional fund the fund company needs to keep track of you to distribute dividends, send out a prospectus, and probably other things I can't think of at the moment. That all costs money. Are any of those costs reduced or eliminated with an ETF...
by bertilak
Fri Aug 28, 2015 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of cash reserves waiting for downturn?
Replies: 18
Views: 1988

Re: Large amount of cash reserves waiting for downturn?

I agree with paying down the current mortgage. That's essentially buying your new house now in that you can look at your "house equity" as a single asset. If the housing market goes down : Any equity you lose in a downturn will be equity you no longer need for the new house. The price of t...
by bertilak
Fri Aug 28, 2015 8:18 am
Forum: Investing - Theory, News & General
Topic: Why no diversification benefit for international in this week's crash?
Replies: 86
Views: 4680

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

Market participants are *levered* which magnifies downside risk. So when the market starts to drop, either voluntarily or involuntarily they liquidate positions to cover losses (margin calls, in effect). This is not irrational behaviour. For them, it is necessary behaviour- -the level of the market...
by bertilak
Fri Aug 28, 2015 8:01 am
Forum: Investing - Theory, News & General
Topic: Bogle: retirees should focus on dividends
Replies: 145
Views: 12284

Re: Bogle: retirees should focus on dividends

Yes, it adds-up the same. But. Dividend income is said to be more volatility wise stable than NAV is. -NAV may go up and down 10% over a period of time, while the dividend quarterly check can remain constant. As a retiree, this is my thinking exactly. To the extent one can live off of dividends (st...
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: 50
Views: 4231

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: 86
Views: 4680

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: 86
Views: 4680

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: 445

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: 80
Views: 3899

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: 38
Views: 1739

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: 296

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: 8753

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: 296

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: 4104

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: 296

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: 7087

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: 50
Views: 4231

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: 2719

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: 815

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: 50
Views: 4231

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: 750

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: 750

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: 6317

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: 2677

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: 2677

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: 1935
Views: 341073

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: 2677

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: 223

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: 7425

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: 1675

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: 478

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: 169922

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: 389

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: 41
Views: 3067

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: 4914

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: 41
Views: 3067

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: 923

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: 3019

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: 808

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: 1425

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: 3216

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: 3097

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: 3097

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: 3097

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: 905

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: 1799

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: 1799

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...

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