Search found 325 matches

Return to advanced search

Re: "A Portfolio Checkup in 6 Steps"

gvsucavie03 wrote:Here's the BH 3-fund portfolio checkup:

1. look at current holdings
2. look at desired AA
3. rebalance (if needed) with tax efficiency and costs in consideration
4. don't check again for 6 months
5. read a book

:happy


Amen again.
by friar1610
Fri Jul 18, 2014 4:53 pm
 
Forum: Investing - Theory, News & General
Topic: "A Portfolio Checkup in 6 Steps"
Replies: 4
Views: 839

Re: "A Portfolio Checkup in 6 Steps"

Taylor Larimore wrote:
Makes one appreciate The Three Fund Portfolio.

Best wishes.
Taylor


Amen.
by friar1610
Fri Jul 18, 2014 4:53 pm
 
Forum: Investing - Theory, News & General
Topic: "A Portfolio Checkup in 6 Steps"
Replies: 4
Views: 839

Re: Adding Corporates to Total Bond Market Index

Thanks for all the helpful responses to my initial question. Like most topics having to do with investing, there are a wide variety of opinions. My question was partly prompted by a recent VG financial plan I had done in which there was a recommendation to move some of my TBM assets to both IT IG an...
by friar1610
Tue Jul 15, 2014 10:31 am
 
Forum: Investing - Theory, News & General
Topic: Adding Corporates to Total Bond Market Index
Replies: 75
Views: 6078

Re: Adding Corporates to Total Bond Market Index

The counter argument to this, and it is a pretty sound one, is that rather than tilting more towards corporates instead slightly increase your stock allocation if you need more "yield" - i.e. return. Recall especially how corporates, even highly rated ones, behave in a crisis. They tank. ...
by friar1610
Mon Jul 14, 2014 4:09 pm
 
Forum: Investing - Theory, News & General
Topic: Adding Corporates to Total Bond Market Index
Replies: 75
Views: 6078

Adding Corporates to Total Bond Market Index

John Bogle has recently suggested that investors who own funds composed primarily of Government bonds should consider adding more corporates to the mix. I believe he's also said that the VG Total Bond Market Index fund isn't truly a total bond fund because of its overweight to Government bonds. (Abo...
by friar1610
Mon Jul 14, 2014 2:48 pm
 
Forum: Investing - Theory, News & General
Topic: Adding Corporates to Total Bond Market Index
Replies: 75
Views: 6078

Re: Asset Allocation At or Near Retirement?

We (ages 69 and 67) recently had a VG financial plan done and they recommended 50-50. This is consistent with the answer I get when I do the on-line asset allocation quiz at VG. But I might be a little more comfortable with a bit less than 50% equities although I understand that the difference betwe...
by friar1610
Wed Jul 09, 2014 2:38 pm
 
Forum: Investing - Theory, News & General
Topic: Asset Allocation At or Near Retirement?
Replies: 51
Views: 4332

Re: Easy careers to last me to retirement?

Can you work at stores like Walmart or food places like McDonalds? lol.. don't think I can make $30k/yr at those places being a peon. even at more upscale places like starbucks I read a book a few years ago by a guy who lost his management job, then got divorced and finally ended up working at Star...
by friar1610
Tue Jul 08, 2014 1:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Easy careers to last me to retirement?
Replies: 92
Views: 13496

Re: Who will be the Vanguard of the annuity world?

Original question. Maybe Vanguard, but Vanguard is just the marketer not the underwriter. The question is Monumental Insurance, a div of TransAmerica, subsidary of AXA, what will be the payout? I have a Vanguard Variable Annuity. Won't go into all the reasons why and if I could walk that dog back I...
by friar1610
Fri Jul 04, 2014 2:34 pm
 
Forum: Investing - Theory, News & General
Topic: Who will be the Vanguard of the annuity world?
Replies: 27
Views: 3640

Re: Blog: Vanguard Personal Advisor Services

Hello, I did get my annual financial plan from being Flagship level at Vanguard and am considering the VPAS management. Just out of interest for the readers, the portfolio consisted of total US stock market index, total intl. stock market index, total bond market, total intl. bond market, intermedi...
by friar1610
Fri Jul 04, 2014 2:24 pm
 
Forum: Investing - Theory, News & General
Topic: Blog: Vanguard Personal Advisor Services
Replies: 33
Views: 7162

Re: Vanguard’s Personal Advisor Service.

Thank you, Taylor. The article states that VPAS is a big deal as a benchmark -- but it is also an attractive option for folks who need an advisor. I'm happy to DIY, but my wife doesn't know small value from safflower and doesn't want to know. So I plan to engage VPAS when my demise seems immanent. ...
by friar1610
Wed Jul 02, 2014 11:25 am
 
Forum: Investing - Theory, News & General
Topic: Vanguard’s Personal Advisor Service.
Replies: 7
Views: 1792

Re: Military [Survivor Benefit Plan] and Other Mistakes

From a military retired: NEVER forgo the military survivor benefit option of military retirement, pick the option for a 55% survivor benefit NEVER bale out of the government TSP, it has index options with the lowest ER you can ever get. The government doesn't do everything right but the military re...
by friar1610
Sun Jun 22, 2014 5:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Military [Survivor Benefit Plan] and Other Mistakes
Replies: 22
Views: 1315

Re: The Death of Savings Bonds

I have some more recent I-Bonds with really crappy guaranteed rates. BUT, I have a bunch that I bought years ago that pay 3.4% + the inflation adjustment. I just LOVE those bonds.
by friar1610
Tue Jun 17, 2014 9:05 pm
 
Forum: Investing - Theory, News & General
Topic: The Death of Savings Bonds
Replies: 33
Views: 3461

Re: running shoes for a severe overpronator(flatfoot)

Could someone suggest a pair of running shoes for a person with flatfoot within $150? I have a broad forefoot and my current running shoes are pretty tight in the forefoot area. My favorite shoes (wear them for work and they fit very well) are addiction walkers (Brooks)- Size 12.5; 4E. Thank you fo...
by friar1610
Fri Jun 13, 2014 4:57 pm
 
Forum: Personal Consumer Issues
Topic: running shoes for a severe overpronator(flatfoot)
Replies: 45
Views: 2801

Re: As Bogelheads, a comforting thought for everyone....

Indeed. I've been trying to explain that to my spouse. He worried that we weren't saving money. I asked him what, exactly, did he want to save for? We're retired with enough guaranteed income from pensions & SS that we don't have to use our retirement accounts. Which are enough to live on if we...
by friar1610
Thu Jun 12, 2014 11:07 am
 
Forum: Personal Finance (Not Investing)
Topic: As Bogleheads, a comforting thought for everyone....
Replies: 46
Views: 4791

Re: I Bonds as a Short Term Investment

AND, if things don't get better for a long time, you might begin to view it as a longer term investment.
by friar1610
Mon Jun 09, 2014 6:40 pm
 
Forum: Investing - Theory, News & General
Topic: I Bonds as a Short Term Investment
Replies: 5
Views: 783

Re: Changed asset allocation from 60/40 to 50/50 today

freebeer, I am retired with my expenses covered almost completely by SS+pension. I chose 50/50. I look at it in two ways: ⋅ I can find NO convincing argument why I should have more stocks than bonds or vice-versa. Or perhaps it is better said that there are a LOT of reasonable arguments b...
by friar1610
Thu Jun 05, 2014 11:20 am
 
Forum: Investing - Theory, News & General
Topic: Changed asset allocation from 60/40 to 50/50 today
Replies: 56
Views: 5313

Future PenFed CD rates

Last December as part of a rebalancing I set up a 4 year CD ladder with PenFed (5 yr., 4 yr., 3 yr., 2 yr. maturities). Their rates, particularly for the 5 year issue, were pretty good at that time. I'd really wanted to do a 5 year ladder but didn't have quite enough money to do so. Fast forward and...
by friar1610
Thu Jun 05, 2014 11:05 am
 
Forum: Investing - Theory, News & General
Topic: Future PenFed CD rates
Replies: 9
Views: 1488

Re: What would be considered the best Boglehead car?

Any car under $30,000. My feeling is that the folks who buy new Accords and Camrys do not want to give them up after a mere 3 or 4 years. These are also not the kind of car that gets leased. I have no data for that though. In contract, wealthier folks like to drive newish cars and often lease them....
by friar1610
Fri May 23, 2014 6:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: What would be considered the best Boglehead car?
Replies: 43
Views: 4131

Trusted financial institutions

In the course of updating my estate planning documents recently, I got to thinking about the financial institutions I have dealt with over the years that I have particularly come to trust. I'm curious what institutions would be on others' lists. Here's mine: Investing: Vanguard, TIAA-CREF Banking: N...
by friar1610
Thu May 22, 2014 1:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Trusted financial institutions
Replies: 3
Views: 403

Re: Vanguard’s Personal Advisor Service.

Thank you, Taylor. The article states that VPAS is a big deal as a benchmark -- but it is also an attractive option for folks who need an advisor. I'm happy to DIY, but my wife doesn't know small value from safflower and doesn't want to know. So I plan to engage VPAS when my demise seems immanent. ...
by friar1610
Mon May 19, 2014 10:19 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard’s Personal Advisor Service.
Replies: 7
Views: 1792

Re: Over-55 communities a ripoff?

My wife and I moved to a small over-55 community a bit less than a year ago. Our complex has 14 units, mostly duplex. Our circumstances were different than the typical downsizing from a house we'd lived in for 30 years, raised kids in, etc., etc. We wanted to relocate from the location in which we h...
by friar1610
Thu Apr 17, 2014 4:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Over-55 communities a ripoff?
Replies: 38
Views: 3099

Re: Did not have fun this year doing my taxes- TT

poundwise wrote:I too had less fun this year due to a mid-year move to a new state. TT was smooth for the Fed component, but was extremely unhelpful for the split state component.



+1
by friar1610
Thu Apr 17, 2014 11:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Did not have fun this year doing my taxes- TT
Replies: 42
Views: 4598

Re: Just had offer accepted on a house! (Advice pls!)

Assuming your accepted offer is pending inspection - hire a good inspector and have him nitpick the hell out of everything and attach a high dollar amount to every fix. Then use that info to pound the sellers into an even lower price. Once they are informed of defects, make sure you tell them they ...
by friar1610
Thu Apr 17, 2014 11:52 am
 
Forum: Personal Finance (Not Investing)
Topic: Just had offer accepted on a house! (Advice pls!)
Replies: 29
Views: 2495

Re: Any Vermont Bogleheads? (Taxes)

I moved 6 months ago from VT to MA after living in VT for 8 years. Taxes were certainly not the primary reason for my move, but they were a contributing factor. You've gotten a lot of detailed info from previous posters already, so I won't repeat any of those details. I should add that my wife and I...
by friar1610
Sun Apr 06, 2014 5:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Any Vermont Bogleheads? (Taxes)
Replies: 9
Views: 749

Re: tearing my hair out with multiple state tax return

I had to deal with both MA and VT this year. I have been a Turbo Tax user for years, but I found TT very confusing when dealing with 2 separate state returns. I ended up using TT for the Federal return and doing my two state returns the old fashioned way. My wife and I are retired, so our "sala...
by friar1610
Sun Apr 06, 2014 5:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: tearing my hair out with multiple state tax return
Replies: 11
Views: 1168

Re: William Bernstein-When you've won the game, why keep pla

azanon wrote:Been itching to buy that Lexus? Is there a better time than now for liquidating your US stock fund that has been on a tear for 5-6 years? Do it now, not after it crashes later this year. I'm digressing......


Not since Toyota has shown its true colors re: profits vs. customer safety!
by friar1610
Thu Mar 20, 2014 6:30 pm
 
Forum: Investing - Theory, News & General
Topic: William Bernstein-When you've won the game, why keep playing
Replies: 264
Views: 32600

Re: Poll: When did you retire? Would you do it all over agai

I retired from the military at age 52. I had planned to take 90 days off before even looking for another job. It turned out to be closer to 120 days before I went to work, but that was fine. I worked for a couple of "Beltway Bandits" (defense contractors) over the next 6 years. They paid w...
by friar1610
Wed Mar 19, 2014 3:46 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: When did you retire? Would you do it all over again ?
Replies: 103
Views: 11530

Re: Vanguard Personal Advisor Services

I'm perfectly comfortable managing things myself. However, one of my concerns is that if I predecease my wife (which the actuaries say will probably happen), she will not be interested in/capable of keeping up with things. (She's smarter than I am when it comes to things she's interested in; in spit...
by friar1610
Sat Mar 08, 2014 10:03 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Personal Advisor Services
Replies: 26
Views: 4570

Re: Don’t Become Shark Bait

I have a friend (now retired) who worked for an agency within DoD and then went on to make lots of money as a contractor. Before he took the government job, he was an insurance salesman and he was apparently very good at what he did but he wasn't loving life so he gave it up. His niche target market...
by friar1610
Thu Feb 20, 2014 6:07 pm
 
Forum: Investing - Theory, News & General
Topic: Don’t Become Shark Bait
Replies: 29
Views: 4295

Re: "The White Coat Investor" -- A Gem

“The Rule of 72: Divide the interest rate into 72, and the result is the number of years it takes your money to double." Before I retired from the Navy I went to a retirement seminar run by the Navy and intended to help folks transition into retirement. One of the attendees was a Navy guy who ...
by friar1610
Wed Feb 19, 2014 11:21 pm
 
Forum: Investing - Theory, News & General
Topic: "The White Coat Investor" -- A Gem
Replies: 14
Views: 4613

Re: USAA Auto Insurance?

I've had USAA for more than a decade. I just got a quote from GEICO that is 25/month cheaper. Amica was about the same. Looks like I'll be switching over. I thought I would call USAA and tell them the difference and see if they would drop our rate. Has anyone had success doing this? I did that a fe...
by friar1610
Wed Feb 12, 2014 4:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: USAA Auto Insurance?
Replies: 70
Views: 6901

Re: The PenFed Craze

People report that on 20 January Navy Federal Credit Union started offering 3% 7-year CDs. Victoria I did "jump on" the PenFed deal but mainly to create a CD ladder which I wanted to add to my portfolio. I checked out the NFCU deal but their 5 year and less CDs are not as good a deal as P...
by friar1610
Tue Jan 21, 2014 9:38 pm
 
Forum: Investing - Theory, News & General
Topic: The PenFed Craze
Replies: 32
Views: 4959

Re: Investing in Physical as well as Financial Health

I had been a runner (3-5 miles about 4-6 days per week) for 30+ years but gave it up about 2 years ago (at age 66.) I was out for my run and partway through it I just said, "Screw it. I don't like running any more." I was going to a gym anyway (weights, weight machines, etc.) so I switched...
by friar1610
Wed Jan 01, 2014 6:19 pm
 
Forum: Personal Consumer Issues
Topic: Investing in Physical as well as Financial Health
Replies: 39
Views: 2701

Re: Fixed Income

I would add that one risk you should consider is the risk of underestimating needs, especially contingencies for bad things happening. Point taken. I've planned for a few contingencies; I'd be interested in your thinking as to whether I've missed any: - Long Term Care Insurance: Not 100% covered he...
by friar1610
Sun Dec 29, 2013 9:25 pm
 
Forum: Investing - Theory, News & General
Topic: Fixed Income
Replies: 9
Views: 1033

Re: Fixed Income

dbr is pointing you in the right direction. If you don't want to reveal too many personal details, take the total amount in your portfolio and divide it by your estimate of your wife's annual needs after your death. Tell us the resulting ratio, and that will help us respond to your questions. My wi...
by friar1610
Sun Dec 29, 2013 4:52 pm
 
Forum: Investing - Theory, News & General
Topic: Fixed Income
Replies: 9
Views: 1033

Re: Fixed Income

One thing that grabbed me was the phrase, "..spread across several accounts." Are these accounts at least held with the same firm? As we get older, it is a good idea to simplify accounts as much as possible. Obviously, all of the rules around various types of accounts (traditional IRA, Ro...
by friar1610
Sun Dec 29, 2013 4:49 pm
 
Forum: Investing - Theory, News & General
Topic: Fixed Income
Replies: 9
Views: 1033

Fixed Income

I read all the posts concerning bonds, bond funds, durations, interest rate sensitivities, etc. and it leaves me wondering if I should make any changes. I'd appreciate any comments on the fixed income portion of my portfolio. First, some background on me: - Age 68, spouse 67. - No debt. - Live just ...
by friar1610
Sun Dec 29, 2013 2:17 pm
 
Forum: Investing - Theory, News & General
Topic: Fixed Income
Replies: 9
Views: 1033

Re: I think low cost of living trumps retiring in a no state

I've lived in both "high" COL/tax states and "low" COL/tax states. Unfortunately I've always felt more at home in the higher cost/tax states for reasons having nothing to do with a desire to pay more. I also agree strongly with an earlier poster that living close to family trumps...
by friar1610
Thu Dec 26, 2013 5:11 pm
 
Forum: Personal Finance (Not Investing)
Topic: I think low cost of living trumps retiring in a no state in
Replies: 80
Views: 5334

[Billionaire Boglehead!!! How to allocate your portfolio?]

[Moved from [Are there any] Billionaire Boglehead!!! --admin LadyGeek] Here's a related question that I've thought about from time-to-time. (I don't mean to hijack this thread, so if it's appropriate to move to another thread, the moderator should do so.) What if you are a Boglehead - three fund po...
by friar1610
Mon Dec 23, 2013 3:08 pm
 
Forum: Investing - Theory, News & General
Topic: [Billionaire Boglehead!!! How to allocate your portfolio?]
Replies: 4
Views: 799

Donor Advised Funds - Boston Globe article

There was an article in today's Globe about donor advised funds. Vanguard is among the many firms that offer them. WHEN AMERICANS think about donating money to charity around the holidays, they tend to think of the organizations whose names have become practically synonymous with philanthropy: the U...
by friar1610
Sun Dec 01, 2013 3:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Funds - Boston Globe article
Replies: 18
Views: 1331

Re: My Early Retirement Thoughts and Calculations

One web site you might be interested in is:
http://www.early-retirement.org/

There is a free calculator available there that you might find useful.

Good luck!
by friar1610
Wed Nov 27, 2013 3:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: My Early Retirement Thoughts and Calculations
Replies: 43
Views: 8522

Re: Bogle-approved spend on a car?

I remember reading quite a few years ago that Warren Buffet drove a used Mercedes. He thought Mercedes cars were excellent but that the new ones were just way too expensive.
by friar1610
Tue Nov 19, 2013 4:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bogle-approved spend on a car?
Replies: 68
Views: 4794

Schiller vs. Fama: Who's Right?

Interesting NYT article opinion piece coming down on Schiller's side (that markets are inefficient and can be exploited for profit.)
http://www.nytimes.com/2013/11/15/opini ... inion&_r=0
by friar1610
Fri Nov 15, 2013 1:58 pm
 
Forum: Investing - Theory, News & General
Topic: Schiller vs. Fama: Who's Right?
Replies: 17
Views: 1394

Re: Dropping Verizon for Triple Play?

I just chased away a Comcast salesperson from my front door earlier today. I moved to MA from VT about 5 months ago. During 8 years in VT I had only dial-up internet + DirecTV for most of the time. Then I figured out I could use Verizon 3G for internet and that made my life a lot better for a while....
by friar1610
Wed Nov 13, 2013 5:54 pm
 
Forum: Personal Consumer Issues
Topic: Dropping Verizon for [Optimum's] Triple Play?
Replies: 6
Views: 560

Re: Need help with variable annuity decision

I bought a Fidelity VA quite a few years ago and have since transferred it to Vanguard. Although it has turned out OK and I have made a good return on my investment, if I had to do it over again I wouldn't. I'm not trying to talk you out of one, but just offer a few thoughts for your consideration: ...
by friar1610
Sun Nov 10, 2013 7:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: Need help with variable annuity decision
Replies: 17
Views: 1239

Re: It's not different for me. Is it for you?

One of my Navy buddies with whom I used to discuss investing always quoted his father: "Bears can make money; bulls can make money but pigs never make money."
by friar1610
Sat Nov 09, 2013 1:10 pm
 
Forum: Investing - Theory, News & General
Topic: It's not different for me. Is it for you?
Replies: 54
Views: 5340

Re: Why/How is the Vanguard REIT VA an insurance offering?

Thanks everyone. Let me be a bit more clear. Assuming I don't "annuitize "ever -- I just want to get distributions from the money I invested at retirement age -- what role did the insurance company play? ie, why are they involved at this point in the creation of the VA? Why can't Vanguard...
by friar1610
Wed Oct 02, 2013 11:02 am
 
Forum: Investing - Theory, News & General
Topic: Why/How is the Vanguard REIT VA an insurance offering?
Replies: 11
Views: 932

Re: Why/How is the Vanguard REIT VA an insurance offering?

With some variable annuities there is a guarantee (insurance) that the value of your contract will never be less than the principal you put into it. In other words, you are insured against losing any of your initial/periodic investments. But if gains you made through the investment are later lost, t...
by friar1610
Tue Oct 01, 2013 7:33 pm
 
Forum: Investing - Theory, News & General
Topic: Why/How is the Vanguard REIT VA an insurance offering?
Replies: 11
Views: 932

Re: Does active investing work for college endowments?

In regard to endowments, just saw this article in this morning's Boston Globe about Harvard's endowment being up 11.3% for the year. (Not sure if you can get to this without a subscription.) http://www.bostonglobe.com/business/2013/09/24/harvard-endowment-gains-percent-beating-internal-target-but-un...
by friar1610
Wed Sep 25, 2013 2:46 pm
 
Forum: Investing - Theory, News & General
Topic: Does active investing work for college endowments?
Replies: 26
Views: 2081

Re: Is there a low cost 50/50 fund?

I have no specific input for the OP. Just wanted to say that in the far reaches of my mind is a recollection of an interview I read many years ago with a noted economist (whose name, of course, I've forgotten.) This was on the TIAA-CREF web site if I recall correctly and I think the economist was at...
by friar1610
Wed Sep 25, 2013 2:24 pm
 
Forum: Investing - Theory, News & General
Topic: Is there a low cost 50/50 fund?
Replies: 38
Views: 2839
Next

Return to advanced search