Search found 537 matches

by dad2000
Thu Jul 02, 2015 1:20 pm
Forum: Investing - Theory, News & General
Topic: What is the Duration of Your Bond Portfolio? And Why?
Replies: 53
Views: 3117

Re: What is the Duration of Your Bond Portfolio? And Why?

Probably around 4.5. I have 60% VBTLX, 20% VWITX, 20% I-Bonds. I assume I-Bonds to have duration ~0.

Why? I look to bonds for stability, so I keep the quality high and the duration short/intermediate. If I take risk, it's with equities.
by dad2000
Tue Jun 30, 2015 5:49 pm
Forum: Investing - Theory, News & General
Topic: TIPS - Did you give up?
Replies: 69
Views: 4574

Re: TIPS - Did you give up?

I've never owned TIPS, but I have been buying $40K in I-Bonds annually. It's a way of extending my tax-advantaged space. They represent about about 20% of my retirement bond allocation (7% of retirement portfolio).

I haven't purchased yet this year, hoping that the fixed rate increases from 0.
by dad2000
Tue Jun 30, 2015 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Obsessing towards zero balance on credit card.
Replies: 125
Views: 6100

Re: Obsessing towards zero balance on credit card.

Though I used to simply pay my bill in full each month, a FICO report once indicated that my score was lowered because my daily average balance was high. So I got in the habit of paying on my most used card 2-3 times per month. I certainly never added up unposted transactions in an attempt to get to...
by dad2000
Mon Jun 29, 2015 1:42 pm
Forum: Investing - Theory, News & General
Topic: Being Mr. Bogle's Company has 3 Trillion Dollars
Replies: 15
Views: 2060

Re: Being Mr. Bogle's Company has 3 Trillion Dollars

Perhaps a fair comparison is Fidelity, with almost $2T AUM. The founding Johnson family has a reported net worth of about $40B.

However, it's almost a certainty that Vanguard wouldn't be as large as it is had Bogle structured it more traditionally.
by dad2000
Fri Jun 26, 2015 2:42 pm
Forum: Investing - Theory, News & General
Topic: Market dynamics different now
Replies: 1
Views: 379

Re: Market dynamics different now

If the comfort offered by these "stupid controls" influences your asset allocation decisions, I would ask you if these same "stupid controls" were in place prior to the big collapse of 2008? Perhaps Fed policy is creating a bubble like we had with real estate, or maybe it's not. ...
by dad2000
Fri Jun 26, 2015 9:59 am
Forum: Investing - Help with Personal Investments
Topic: Do I need "own occupation" on LTDI?
Replies: 13
Views: 1209

Re: Do I need "own occupation" on LTDI?

Couldn't suffering a brain injury create this scenario? I guess I have a hard time picturing a brain injury severe enough to impact my ability to be a developer or manager and yet still leave me able to work. All I can say is that it happens. I know someone who had a high-paying white collar job wh...
by dad2000
Fri Jun 26, 2015 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Do I need "own occupation" on LTDI?
Replies: 13
Views: 1209

Re: Do I need "own occupation" on LTDI?

Couldn't suffering a brain injury create this scenario?
by dad2000
Wed Jun 24, 2015 4:25 pm
Forum: Investing - Theory, News & General
Topic: What ratio are you stocks/bonds and how old are you?
Replies: 268
Views: 17680

Re: What ratio are you stocks/bonds and how old are you?

68/32
age 49, target retirement 55.
Decreasing equities by 2% annually.
by dad2000
Thu Jun 18, 2015 6:31 am
Forum: Personal Consumer Issues
Topic: How much do your children cost per month?
Replies: 83
Views: 6600

Re: How much do your children cost per month?

This thread is great birth control. It certainly reaffirms my decision to put off having kids for a while. Slightly off topic, but your decision seems to be consistent with a growing trend. While we are finally out of a baby "recession", birth rates for young mothers have been decreasing,...
by dad2000
Wed Jun 17, 2015 8:18 pm
Forum: Personal Consumer Issues
Topic: How much do your children cost per month?
Replies: 83
Views: 6600

Re: How much do your children cost per month?

3 kids, 4th-7th grade right now. Public school. About $50k/year if I exclude certain costs like the bigger car, bigger house, higher utilities, etc.

Sports/Camps: $17k
Food: $10k
Travel: $8k
Childcare: $7k
Shopping: $5k
Healthcare/Dental: $3k
by dad2000
Fri Jun 12, 2015 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance - Less than meets the eye
Replies: 56
Views: 6154

Re: Long term care insurance - Less than meets the eye

I'm sure that this has been beat to death, but the current LTCI plans make little sense to me. I insure against low-probability/high-ruin type events because it is relatively inexpensive to do so. With so many of us projected to need LTC, there can't be much value in plans that have a short waiting ...
by dad2000
Fri Jun 12, 2015 10:08 am
Forum: Personal Finance (Not Investing)
Topic: identity theft continued
Replies: 11
Views: 1645

Re: identity theft continued

Don't just consider this in isolation. ID theft perpetrators typically work in bulk. Perhaps there is a theft network with an operative in your area, and they do drive around stealing the mail. You happen to be less vulnerable because you have a mail slot, but they may not have known that when they ...
by dad2000
Wed Jun 10, 2015 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?
Replies: 101
Views: 10539

Re: Advice Needed - Has Anyone Chosen Work Life Balance over Extra Money?

I went from a reasonably large firm to a startup with lottery ticket type risk, but this was before we had kids. We chose to defer having kids for a few years because the demands were so great. We are financially well off now, but it's been tough at times. I wish I could have traded some of the mone...
by dad2000
Wed Jun 10, 2015 12:09 pm
Forum: Investing - Help with Personal Investments
Topic: Does VWITX = VBTLX
Replies: 4
Views: 394

Re: Does VWITX = VBTLX

I don't have enough room in my tax-advantaged accounts for my tax-inefficient holdings (bonds, REITs, etc.), so I do hold some Tax-Exempt in taxable. If you have enough room in tax-advantaged, or if your marginal tax rate isn't high, then there may not be a big reason to hold VWITX. I also like hold...
by dad2000
Wed Jun 10, 2015 10:54 am
Forum: Personal Consumer Issues
Topic: Rent a bike in SF, ride to LA, and drop it off?
Replies: 23
Views: 1665

Re: Rent a bike in SF, ride to LA, and drop it off?

I think I'd consider it if you could bundle it with a couple of things: 1. Some sort of emergency roadside assistance/insurance... not for flats and such, but major mechanicals or accidents. I assume you'd be plotting the Big Sur route, and though it's been many years, my recollection is that there ...
by dad2000
Fri Jun 05, 2015 2:45 pm
Forum: Investing - Theory, News & General
Topic: Dual Momentum Investing
Replies: 136
Views: 12462

Re: Dual Momentum Investing

I noticed a lot of activity on this thread, and decided to see what the commotion was about, so I checked out the ebook and read it last night. Interestingly, I once was employed by the author back in the 1980s when he ran his commodities business, but haven't heard his name since then. The book its...
by dad2000
Tue May 19, 2015 11:24 am
Forum: Personal Consumer Issues
Topic: How fast should I ride my bicycle?
Replies: 64
Views: 5028

Re: How fast should I ride my bicycle?

I'll take a shot. A reasonably fit 40 year old, at 5'10" 170lbs, on a flat rail trail, on a decent road bike, on the drops, with little wind, should easily be able to average 16mph on a solo 20 mile ride after a season of training. If you are only averaging 14mph right now, I wouldn't spend a l...
by dad2000
Mon May 18, 2015 1:17 pm
Forum: Personal Consumer Issues
Topic: How fast should I ride my bicycle?
Replies: 64
Views: 5028

Re: How fast should I ride my bicycle?

My suggestion is to find a beginner group ride with a local cycling group. Often times, your local bike shop will run one, or could otherwise point you to one. It varies some, but the beginner rides are usually around 20 miles, 12-14 mph, with flat to rolling terrain. You may find the beginner ride ...
by dad2000
Thu May 14, 2015 12:19 pm
Forum: Investing - Theory, News & General
Topic: At what point would you want "capped" indices?
Replies: 17
Views: 1341

Re: At what point would you want "capped" indices?

Whatever the size threshold is, it's likely to be a monopoly, and my belief is that the regulatory agencies would break it up before it got that big.

Also, I am a long time holder of small and value tilts, so I'm somewhat immunized to begin with.
by dad2000
Thu May 14, 2015 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Calculating Net Worth
Replies: 8
Views: 836

Re: Calculating Net Worth

I keep separate accounting of my retirement portfolio vs my net worth. I do include personal property and home equity in my net worth. Neither of these are included in my retirement portfolio, other than that there will be a one time bump to the portfolio when we downsize out of our current McMansio...
by dad2000
Thu May 14, 2015 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Networth question
Replies: 54
Views: 4874

Re: Networth question

Home equity is included in my calculation of net worth.

It is not included in the calculation of my retirement portfolio, except for the projected net gain that I will achieve by downsizing out of the McMansion after the kids move out.
by dad2000
Tue May 12, 2015 4:09 pm
Forum: Personal Consumer Issues
Topic: Questions on securing house during vacation
Replies: 11
Views: 860

Re: Questions on securing house during vacation

Are you in a high crime area? I've never bothered reinforcing the doors or windows more than they already are. If someone really wants to get in to your house, they will find a way. Is there no neighbor you can trust to keep an eye on things? I installed a couple of inexpensive wifi cameras in my va...
by dad2000
Mon May 11, 2015 10:41 am
Forum: Personal Consumer Issues
Topic: Should I buy a lighter bicycle or lose body weight?
Replies: 53
Views: 4432

Re: Should I buy a lighter bicycle or lose body weight?

I wouldn't buy a carbon fiber bike just because it is 3 lbs lighter. IMHO, the main benefit of a *good* carbon fiber bike is that they are more comfortable on longer distance rides (2 hours+) because the frame softens road vibrations. The reduced weight of the frame will help you a little on climbs,...
by dad2000
Fri May 08, 2015 11:02 am
Forum: Personal Consumer Issues
Topic: dishwasher service plan
Replies: 18
Views: 1031

Re: dishwasher service plan

I recently replaced two reasonably new (5 year old) dishwashers because in my final estimation, they were poorly designed and built. I did not have a service contract, and kept them running by ordering parts and fixing them myself. Had I had a a service contract, I'm certain that things would have e...
by dad2000
Fri May 08, 2015 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Non traded REITs and indexed annuities
Replies: 49
Views: 2455

Re: Non traded REITs and indexed annuities

Do some searching in this forum and Google, and you'll find many horror stories about non-traded REITs. Any financial product that lines a saleman's pockets with large commissions will be a bad deal for the investor. Costs matter. The only reason that there might be perceived price stability from a ...
by dad2000
Tue May 05, 2015 7:07 am
Forum: Personal Consumer Issues
Topic: How are packages delivered to curbside mailboxes?
Replies: 31
Views: 2457

Re: How are packages delivered to curbside mailboxes?

We get more package deliveries from Fedex and UPS than from the USPS. In our neighborhood, they both bring the packages to the front door and ring the bell. If the package requires signature (infrequent) and we're not home, they leave a delivery notice. I don't think we've gotten anything from USPS ...
by dad2000
Mon May 04, 2015 1:30 pm
Forum: Personal Consumer Issues
Topic: How to clean spring mattress?
Replies: 12
Views: 747

Re: How to clean spring mattress?

If you don't have a machine, you could try scrubbing with a mixture of Hydrogen Peroxide, baking soda, and dish detergent.

I would use the sun to help with the drying, then use a mattress cover.
by dad2000
Wed Apr 29, 2015 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: LifeLock vs Freezing Credit Reports
Replies: 19
Views: 1527

Re: LifeLock vs Freezing Credit Reports

In addition to freezing your credit, take advantage of the annual free reports to monitor your credit. I space out my Experian, TransUnion, Equifax throughout the year so I can get fresh data every few months. Also get your ChexSystems as well. One more trick on the free reports... My reports all ha...
by dad2000
Wed Apr 29, 2015 11:10 am
Forum: Personal Finance (Not Investing)
Topic: LifeLock vs Freezing Credit Reports
Replies: 19
Views: 1527

Re: LifeLock vs Freezing Credit Reports

Dave Ramsey often says that credit card companies issue credit cards 70% of the time without checking your credit report which makes the credit freeze ineffective. I don't quite believe this, does anyone have any experience of having a credit freeze and someone else (or even you because you had a s...
by dad2000
Wed Apr 29, 2015 10:33 am
Forum: Personal Consumer Issues
Topic: My new dishwasher doesn't clean
Replies: 64
Views: 8137

Re: My new dishwasher doesn't clean

I had 5 year old mid-range dishwashers in my kitchen, but they were absolutely awful at cleaning, and were that way almost from day one. I also know many others who have had similar issues with most of the common brands Whirlpool, Maytag, Kenmore, Amana, Kitchenaid, Samsung, LG, etc. Most of these a...
by dad2000
Tue Apr 28, 2015 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: How to liquidate a bad REIT investment?
Replies: 22
Views: 1977

Re: How to liquidate a bad REIT investment?

It is sickening to me that non-traded REITs can even meet the "suitable" standard for unaccredited investors. Disclaimer: I don't know the secondary market for these well, but assume it must be somewhat efficient. Unless there is some tax reason to not take the loss this year (I don't know...
by dad2000
Tue Apr 28, 2015 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Merged accounts at Vanguard--cost basis info gone
Replies: 9
Views: 1535

Re: Merged accounts at Vanguard--cost basis info gone

Hmm, this doesn't sound good. I'll see what Vanguard says in reply to my e-mail. But the whole point of covered shares is that one's broker is responsible for reporting the cost basis to the IRS. So what would happen if I (hypothetically) decided to sell these shares today, as in what would Vanguar...
by dad2000
Mon Apr 27, 2015 3:54 pm
Forum: Investing - Theory, News & General
Topic: What I learned at my mandatory employee 403(b) info meeting
Replies: 52
Views: 6173

Re: What I learned at my mandatory employee 403(b) info meet

I'm calling BS as well. The IRS would not mandate employee participation in such a meeting. For most plans, the Department of Labor (through ERISA), does mandate that plan information and disclosures be communicated to plan participants. This sounded like a poor attempt at doing so, and more like a ...
by dad2000
Mon Apr 27, 2015 3:37 pm
Forum: Investing - Theory, News & General
Topic: Income estimate too optimistic with financial engines ?
Replies: 13
Views: 1002

Re: Income estimate too optimistic with financial engines ?

I think they're too optimistic. We also don't know what annuity payout rates are going to be decades in the future. Changing life expectancies, interest rates, and other variables factor in. I augment the Financial Engines forecast with Firecalc projections. I run the projections two ways. First, wi...
by dad2000
Mon Apr 27, 2015 9:28 am
Forum: Personal Consumer Issues
Topic: Best way to heat 15x18 Office?
Replies: 10
Views: 1256

Re: Best way to heat 15x18 Office?

We are in Zone 5, and have a mini-split in our sunroom which can keep it comfortable for about 10 months of the year. I think that if you supplemented it with a little baseboard heat, you'd be all set. I'm not a big fan of using space heaters for extended periods of time.
by dad2000
Mon Apr 27, 2015 9:20 am
Forum: Personal Consumer Issues
Topic: Another reason NOT to use (free) Wifi
Replies: 53
Views: 6859

Re: Another reason NOT to use (free) Wifi

When you carry a phone, you're being tracked. When you use websites, you're very likely being tracked. When you use a card to make purchases, you and your purchases are being tracked. When you use an E-Z Pass in your car, you are being tracked. When you use a transit pass on many public transportati...
by dad2000
Fri Apr 24, 2015 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes are killing me
Replies: 21
Views: 3084

Re: Taxes are killing me

Are you fully utilizing the easiest methods for deferring taxes like 401k, IRA, HSA, etc.?
by dad2000
Wed Apr 22, 2015 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: What age did your Net Worth first equal 10,000x your Weight?
Replies: 48
Views: 3835

Re: What age did your Net Worth first equal 10,000x your Wei

Age 40. Age 44 if you add my wife.

I guess the next goal is to add in my kids, all of whom are still growing. Hitting this one will be next to impossible unless I starve them :)
by dad2000
Mon Apr 20, 2015 3:19 pm
Forum: Personal Consumer Issues
Topic: Just got contact lenses. Should I buy backup glasses?
Replies: 22
Views: 1255

Re: Just got contact lenses. Should I buy backup glasses?

Yes, buy a cheap pair or two.

A family member recently got a case of the conjunctivitis and couldn't wear the contacts for more than a week. Having the glasses around made this less inconvenient.
by dad2000
Wed Apr 08, 2015 1:43 pm
Forum: Investing - Theory, News & General
Topic: Bogle possible mistake? Discussion [on age-based portfolios]
Replies: 67
Views: 7424

Re: John Bogle possible mistake? Discussion

I can't speak for all BHs, but my portfolio/AA is not based on my age, but other factors, principally my ability to take risk, my need to take risk, and my tolerance of risk. BTW, for me, risk is the chance of catastrophic loss of principal, not volatility. In the first 10-15 years of my working car...
by dad2000
Tue Apr 07, 2015 8:49 am
Forum: Investing - Help with Personal Investments
Topic: 401k after retired
Replies: 16
Views: 2236

Re: 401k after retired

Anything between 40/60 and 60/40 sounds about right to me. If you are that worried about bonds, do a partial rollover to an IRA, then invest in a shorter duration (1-3 years) treasury fund. Personally, with your time horizon, I think the fund in your 401k would be fine. And a 401k may have better as...
by dad2000
Mon Apr 06, 2015 9:49 am
Forum: Personal Consumer Issues
Topic: Memorial Day Weekend - Cape Cod or Martha's Vineyard?
Replies: 20
Views: 1878

Re: Memorial Day Weekend - Cape Cod or Martha's Vineyard?

My 2 cents are that if you really want to explore the Cape, go there in the fall, after Labor Day. You'll probably want to get to the outer cape to see the National Seashore, Provincetown, etc. With the traffic and parking issues, you'd never be able to get there on the Memorial Day weekend without ...
by dad2000
Wed Apr 01, 2015 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Freeze and NEW Credit Cards
Replies: 12
Views: 1013

Re: Credit Freeze and NEW Credit Cards

Unfreeze fees generally vary by state of residence and the creditor's age.

Check here: http://defendyourdollars.org/document/g ... protection
by dad2000
Tue Mar 31, 2015 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Index Funds Warning
Replies: 5
Views: 1120

Re: Index Funds Warning

If I understand Munger's comment correctly, he is concerned that corporate governance will deteriorate with the increase in passive investing, because the fund managers and shareholders of index funds don't typically get involved in governance. I don't think that has any impact on an individual BH w...
by dad2000
Tue Mar 31, 2015 11:13 am
Forum: Investing - Theory, News & General
Topic: Any other investors with 70/30 portfolio?
Replies: 71
Views: 8934

Re: Any other investors with 70/30 portfolio?

We are in mid-late 40s. On track to FI in 4-7 years assuming no employment or other unplanned shocks. Other than SS, we only expect small pension ($500/mo). Was 70/30 for many years until this January, when I lowered to 68/32. I am moderately tilted, so riskier than it sounds. I plan on reducing equ...
by dad2000
Mon Mar 30, 2015 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to find a [term] life insurance agent?
Replies: 4
Views: 691

Re: How to find a life insurance agent?

In my experience, if you are in good health, there isn't much nuance to purchasing term life insurance if you know the term and amount of coverage you want.

I simply picked the policy from the cheapest A+ rated insurer from term4life, and I did not get hassled in any way.
by dad2000
Sat Mar 28, 2015 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: If you had 1 [investing] book to recommend...
Replies: 51
Views: 5652

Re: If you had 1 book to recommend...

I often recommend Mike Piper's books (obliviousinvestor.com) to those who want answers but don't want to spend a lot of time reading. Most if not all of his books can be read in under an hour. As a general purpose reference, Jonathan Clements' "Money Guide 2015" is excellent. It's not expe...
by dad2000
Fri Mar 27, 2015 6:37 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Import Error from Vanguard: Who's Fault?
Replies: 16
Views: 1555

Re: TurboTax Import Error from Vanguard: Who's Fault?

Have you identified what went wrong with the import? Was it that a form that should have been imported wasn't, or was the data from a field/box omitted or incorrect? It's doubtful that either TT nor Vanguard are at fault since the filer is representing that the filing is correct, but the answers to ...
by dad2000
Thu Mar 26, 2015 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: A Vanguard transfer issue... Thoughts?
Replies: 12
Views: 1091

Re: A Vanguard transfer issue... Thoughts?

I'm only familiar with REIT funds. Why do you have to hold this REIT to maturity? My guess is that the sooner you get out from under Ameriprise, the sooner you'll see your portfolio start to bloom. I think the issue is that it is a non-traded REIT. I don't know much about non-traded REITs because e...
by dad2000
Tue Mar 24, 2015 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Please help ..hit with AMT
Replies: 10
Views: 1303

Re: Please help ..hit with AMT

Not sure if this will help your situation, but it reflects how I dealt with the issue. I now can do the Backdoor Roths each year (2 x $5500) without tax consequences since we are not eligible to take a deduction on IRA contributions. Before I got to this point, I had to deal with how to minimize the...

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