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Re: Do you consider mortgage payments as savings?

Well with all due respect when someone says savings I take that as money put into an account that is safe,not something that can lose value like a stock or a house.Maybe I misunderstood his meaning.
by hoops777
Sat Feb 28, 2015 1:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 86
Views: 3626

Re: Do you consider mortgage payments as savings?

It is not savings.You are simply increasing your net worth or decreasing it depending upon the flucuations of the housing market.If your house is worth 500,000 today and you make 12 payments this year totaling $30,000 and the housing market tanks in 2016,maybe your house is now worth $400,000.Savings?
by hoops777
Sat Feb 28, 2015 12:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 86
Views: 3626

Re: How to find a spouse who wants financial independence

Wow....that is a very interesting question.If that is truly so important to you I would suggest a high quality online service that matches people up according to their interests so you know before you start the possible relationship.There are so many other aspects that are more important that take t...
by hoops777
Sat Feb 28, 2015 12:46 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to find a spouse who wants financial independence
Replies: 64
Views: 4249

Re: Thought for the Day: Invest Logically

I think he would only put 20 pct in planet earth stocks and 80 pct universal :D
by hoops777
Sat Feb 28, 2015 12:29 pm
 
Forum: Investing - Theory, News & General
Topic: Thought for the Day: Invest Logically
Replies: 12
Views: 986

Re: Safe Withdrawal Rate as it relates to Size of Portfolio

There is no magic formula that covers every possibility except for being very rich and having way more money then you will ever need.If one is middle of the road and thinks they will be ok at 4 pct they better try 3 to 3.5 pct at the beginning.That is based on research done by Murphy who is famous f...
by hoops777
Fri Feb 27, 2015 7:32 pm
 
Forum: Investing - Theory, News & General
Topic: Safe Withdrawal Rate as it relates to Size of Portfolio
Replies: 25
Views: 2504

Re: the Wellington group

I believe you are making the same mistake I did calling the returns of the market average.When investing in the market and getting market returns beats about 70 to 80 pct of managed funds is that really average in the truest meaning?I also believe that not investing in any international also makes y...
by hoops777
Sun Feb 22, 2015 6:43 pm
 
Forum: Investing - Theory, News & General
Topic: the Wellington group
Replies: 8
Views: 1402

Re: the Wellington group

Let me sum up the answers you will get.Some people love Wellington and will tell you they are a top notch manager and others will tell you that they are good but you still have the probability of managers underperforming the index over time regardless of past results.
by hoops777
Sun Feb 22, 2015 1:17 pm
 
Forum: Investing - Theory, News & General
Topic: the Wellington group
Replies: 8
Views: 1402

Re: Does Inflation eliminate the Safety of Bonds?

All I know is if you invest in a CD or a longer term bond you are at least getting paid something instead of nothing.If rates rise you are still getting paid something while on the other hand if rates do not rise anytime soon you will continue on earning nothing or close to it.When you consider the ...
by hoops777
Fri Feb 20, 2015 12:26 pm
 
Forum: Investing - Theory, News & General
Topic: Does Inflation eliminate the Safety of Bonds?
Replies: 42
Views: 3305

Re: Does Inflation eliminate the Safety of Bonds?

The more I read about this subject the more confused I get.There seems to be a lot of opinions out there these low rates may persist for quite some time.On the other hand buying something like long term corp yielding over 4 pct in high quality bonds is generally considered foolish.If nobody can tell...
by hoops777
Thu Feb 19, 2015 10:27 pm
 
Forum: Investing - Theory, News & General
Topic: Does Inflation eliminate the Safety of Bonds?
Replies: 42
Views: 3305

Re: A case for long term government bonds

Random guy,I appreciate your response.It is of course a ridiculous thing to put all of your money into either fund.What I am really trying to get at is if one put maybe 10 pct into the long bond is there a situation where it would not payout that 4 pct going forward?I would imagine if rates went to ...
by hoops777
Thu Feb 19, 2015 3:05 pm
 
Forum: Investing - Theory, News & General
Topic: A case for long term government bonds
Replies: 40
Views: 3082

Re: A case for long term government bonds

Ok here is a crazy example to explain my warped way of looking at this question.A person has 1 million dollars and upon retiring needs 40,000 a year to live on for the next 20 years in addition to his SS.He has two choices....the total stock market or the long term corporate bond fund.After the choi...
by hoops777
Thu Feb 19, 2015 2:19 pm
 
Forum: Investing - Theory, News & General
Topic: A case for long term government bonds
Replies: 40
Views: 3082

Re: A case for long term government bonds

A question regarding long term corporate yielding over 4 pct.I looked at the portfolio and it is composed of high quality companies.It is a bad idea to buy some of this,reinvest the dividends for 7 years or so until retirement?It would be used for income in an IRA with the idea of never selling it.I...
by hoops777
Thu Feb 19, 2015 1:12 pm
 
Forum: Investing - Theory, News & General
Topic: A case for long term government bonds
Replies: 40
Views: 3082

Re: The 8x retirement savings rule

When will people have the common sense to realize having x times your final salary means nothing.What matters is how much you have saved and your expenses going forward.Why do you need a math formula that gives you a number that is useless? 8 x your salary could be 1/4 of what you need or it might b...
by hoops777
Wed Feb 18, 2015 10:50 pm
 
Forum: Investing - Theory, News & General
Topic: The 8x retirement savings rule
Replies: 83
Views: 7646

Re: Deflation protection

Shilling is not associated with them,they simply suggested I read his book.I simply googled him and read some of his commentary.He also predicts oil is going to $10.I just had the thought that it might be a good idea to buy some long term govt bonds with the thought of never selling them.I am assumi...
by hoops777
Wed Feb 18, 2015 1:21 pm
 
Forum: Investing - Theory, News & General
Topic: Deflation protection
Replies: 23
Views: 1456

Re: Deflation protection

Nisiprius....Just trying to learn if I should have deflation protection.To be honest I have learned a lot here but bonds can be confusing.For instance if I owned VBILX and GNMA how would those perform in a deflationary environment that lasted a long time?If it does not matter I would rather just kee...
by hoops777
Wed Feb 18, 2015 12:55 pm
 
Forum: Investing - Theory, News & General
Topic: Deflation protection
Replies: 23
Views: 1456

Re: Deflation protection

The reason I posted was I received an email from a bond Guru who has written several books that I had contacted in the past.They also manage money and check in once in awhile.I asked her a question about a cd ladder and she strongly advised that 5 yr rates were too short term and short term does not...
by hoops777
Wed Feb 18, 2015 11:46 am
 
Forum: Investing - Theory, News & General
Topic: Deflation protection
Replies: 23
Views: 1456

Re: Deflation protection

Thanks for your help electron.
by hoops777
Tue Feb 17, 2015 7:02 pm
 
Forum: Investing - Theory, News & General
Topic: Deflation protection
Replies: 23
Views: 1456

Re: Deflation protection

I was surprised when I first looked at the fund how low the yield was.What about the other long term fund that is a mix of treasuries and corporates.....I think it was at 3.38.
by hoops777
Tue Feb 17, 2015 4:31 pm
 
Forum: Investing - Theory, News & General
Topic: Deflation protection
Replies: 23
Views: 1456

Re: Deflation protection

So it is pretty much what I thought.The rate now is about the same as total bond.
by hoops777
Tue Feb 17, 2015 3:24 pm
 
Forum: Investing - Theory, News & General
Topic: Deflation protection
Replies: 23
Views: 1456

Re: Deflation protection

I just checked the composition of the fund and was surprised by how few bonds it actually holds.
by hoops777
Tue Feb 17, 2015 2:29 pm
 
Forum: Investing - Theory, News & General
Topic: Deflation protection
Replies: 23
Views: 1456

Deflation protection

I believe longterm govt bonds are a good hedge against deflation.....my question is would a fund serve this purpose and if so,what happens if we get inflation?I realize the nav will go down,but say One put 100k in the Vang longterm govt fund and was retired and needed the income.We hit a period of l...
by hoops777
Tue Feb 17, 2015 1:44 pm
 
Forum: Investing - Theory, News & General
Topic: Deflation protection
Replies: 23
Views: 1456

Re: Average amount saved for retirement by age

I am so tired of seeing statements about you need x amount times your income to retire at such and such an age.There is no magic formula unless you just make up a number that gives you a real number based on the amount you actually need.If you need 1 million then multiply your salary by whatever it ...
by hoops777
Mon Feb 16, 2015 1:30 pm
 
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 133
Views: 27352

Re: Average amount saved for retirement by age

Sometimes people leave out the fact that by paying the taxes now with a conversion you have less money compounding over time,which could be a huge deal.Imagine someone invested heavily in the stock market who did a large conversion in 2009....of course it can go the other way as well.
by hoops777
Mon Feb 16, 2015 12:09 pm
 
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 133
Views: 27352

Re: talk me out of it - investing in oil

With all of that being said,does anyone here really think that oil prices are not going back up in the next few years.We are talking about the major source of energy by a huge degree for the entire world with nothing even remotely close to replacing it anytime soon.It has already bounced back a dece...
by hoops777
Sun Feb 15, 2015 1:00 pm
 
Forum: Investing - Theory, News & General
Topic: talk me out of it - investing in oil
Replies: 50
Views: 4718

Unusual CD ladder

I was talking to a guy the other day and we got into fixed income and the low rates and he said he just started a 5 year cd ladder with the intent of buying one every 3 months for at least 5 years in his IRA acct. at 10k each.He said he may continue it for 10 or more years depending on the market an...
by hoops777
Sat Feb 14, 2015 11:37 pm
 
Forum: Investing - Theory, News & General
Topic: Unusual CD ladder
Replies: 3
Views: 840

Re: Your Future According to Yale Star Robert J. Shiller

You have another very important aspect to the loss of jobs for the middle class that I do not believe was mentioned yet.Construction jobs,landscapers,flooring installers,etc.that were good paying middle class jobs have been virtually eliminated in many areas of the country because of new cheap labor.
by hoops777
Sat Feb 14, 2015 3:18 pm
 
Forum: Investing - Theory, News & General
Topic: Your Future According to Yale Star Robert J. Shiller
Replies: 86
Views: 10152

Re: talk me out of it - investing in oil

Bought VDE a few weeks ago at 104.5.Excellent ETF with 2 largest holdings being Exxon and Chevron.
by hoops777
Fri Feb 13, 2015 4:25 pm
 
Forum: Investing - Theory, News & General
Topic: talk me out of it - investing in oil
Replies: 50
Views: 4718

Re: Wells Fargo Brokerage

I guess my initial positive reaction has soured a bit.It looks like staying at Vanguard is the best option because it will keep her out of the branches.I can really simplify the process with a balanced fund in the IRA and have Vanguard do the rmd.I had a talk with her about how they will try to mani...
by hoops777
Fri Feb 13, 2015 12:19 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Brokerage
Replies: 15
Views: 1454

Re: Wells Fargo Brokerage

I know I just looked at their website.So I guess every time I buy a roth or add to my SEP It will be $35 because I have funds now...I might be able to make some changes to ETF's without tax consequenses because it is almost all IRA money.I am also now wondering how they would be on brokered CD's.......
by hoops777
Wed Feb 11, 2015 8:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Brokerage
Replies: 15
Views: 1454

Re: Wells Fargo Brokerage

I did not expect positive reviews for some reason.I am thinking I might transfer my stuff now and get her very comfortable with it.Our son can always help her with any online issues and she knows how to use bill pay already.I like the simplification of having everything in one place as long as it is...
by hoops777
Wed Feb 11, 2015 4:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Brokerage
Replies: 15
Views: 1454

Wells Fargo Brokerage

Just wondering if anyone has experience with Wells Fargo.I currently have my business and personal accts with them and was interested in looking into transferring our Vanguard holdings there for ultimate simplicity.We live across the street from a branch and if I get hit by a bus my wife wants nothi...
by hoops777
Wed Feb 11, 2015 2:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Wells Fargo Brokerage
Replies: 15
Views: 1454

Re: Average amount saved for retirement by age

As a wise poster said comparing yourself to others is meaningless.Everyones circumstances are different and if it makes one feel good that he is ahead of the average so be it......nobody likes being called average or God forbid below average....although I admit to being a below avg boglehead investo...
by hoops777
Mon Feb 09, 2015 6:06 pm
 
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 133
Views: 27352

Re: Average amount saved for retirement by age

This is a forum made up of people interested in investing.I would wager the avg income of the people on this forum is off the charts in comparison to the general population.I would also say the education level is much higher and of course the desire and means to save money for retirement. I will use...
by hoops777
Sun Feb 08, 2015 7:24 pm
 
Forum: Investing - Theory, News & General
Topic: Average amount saved for retirement by age
Replies: 133
Views: 27352

Re: Keurig-cup coffee makers - why?

Good link OGD....did not realize this since I have an older machine.When mine quits working I will deal with an alternative but until then we will enjoy the low cost SF Bay k-cups at Costco.On Costco's website they have 168 reviews of which about 90 pct are 5 star. Some are 1 star just like everythi...
by hoops777
Sat Feb 07, 2015 7:38 pm
 
Forum: Personal Consumer Issues
Topic: Keurig-cup coffee makers - why?
Replies: 120
Views: 9225

Re: Keurig-cup coffee makers - why?

I guess it is a matter of personal taste.I am not a coffee fanatic so the K-cups are just fine.There are of course millions of people who agree and those who do not simply make their expresso or whatever rocks their boat.I guess it is similar to wine where some people cannot stand anything under 20 ...
by hoops777
Sat Feb 07, 2015 7:01 pm
 
Forum: Personal Consumer Issues
Topic: Keurig-cup coffee makers - why?
Replies: 120
Views: 9225

Re: How Many Credit Cards do you have?

You can set up your cards online so that the total balance is paid in full each month.You do not even have to think about it.Check your statements online once in awhile to make sure of the charges. It is quite rewarding,no pun intended,to make use of bonus points and to be strategic.We have AXP Star...
by hoops777
Sat Feb 07, 2015 5:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: How Many Credit Cards do you have?
Replies: 100
Views: 45247

Re: GNMA....Sell or hold

Thanks Nedsaid...I actually started all this a year ago and I ended up keeping half my GNMA.I used all the GMNA I sold and some other money to buy a good amount of 10 year brokered CD's yielding 3.4 last March.I never did buy the total bond. :D Happy with that decision.
by hoops777
Fri Feb 06, 2015 11:07 pm
 
Forum: Investing - Theory, News & General
Topic: GNMA....Sell or hold
Replies: 46
Views: 5119

Re: Keurig-cup coffee makers - why?

Convenience....Costco also has a SF bay brand that is good with 80 k-cups for $25.....my wife likes her coffee a little weak so I get 2 cups out of 1 k-cup or 160 for $25.About 30 cents a cup for full strength is very reasonable.The k-cups are recyclable for this brand as well.
by hoops777
Fri Feb 06, 2015 4:46 pm
 
Forum: Personal Consumer Issues
Topic: Keurig-cup coffee makers - why?
Replies: 120
Views: 9225

Re: Bearish Boglehead, is there such a thing?

Past performance does not guarantee future results.We hope and expect the market will be positive over the long term but we do not know for certain.You truly discover how you feel about the market when you are put into a position of investing someone elses money who is depending upon you.
by hoops777
Fri Feb 06, 2015 3:43 pm
 
Forum: Investing - Theory, News & General
Topic: Bearish Boglehead, is there such a thing?
Replies: 45
Views: 3942

Re: Question about dividend strategies

A lot of bogleheads get pretty religious as well :D
by hoops777
Mon Feb 02, 2015 9:53 pm
 
Forum: Investing - Theory, News & General
Topic: Question about dividend strategies
Replies: 17
Views: 1523

Re: Bearish Boglehead, is there such a thing?

Right now is an interesting time.Stocks are overvalued based on historical norms and bonds are yielding way below historical norms.That is not me coming to this conclusion but Wade Pfau.If that matters to you then now is a diffucult time to invest,if not then just stick to the plan no matter what.
by hoops777
Mon Feb 02, 2015 7:59 pm
 
Forum: Investing - Theory, News & General
Topic: Bearish Boglehead, is there such a thing?
Replies: 45
Views: 3942

Re: Boomers and dividend stocks

Thank you Nisprius.That is the type of answer one hopes to get on this forum.As I have said more than once on this forum I do not have great technical knowledge of investing.I do know there are countless people selling newsletters with dividend centric ideas and many people on sites like Seeking Alp...
by hoops777
Mon Feb 02, 2015 11:02 am
 
Forum: Investing - Theory, News & General
Topic: Boomers and dividend stocks
Replies: 21
Views: 1699

Re: Boomers and dividend stocks

Really....the millions and millions of investors who buy dividend stocks do not effect the market.So the fact that all of these stocks are also purchased in the total market and other index funds in addition to all the truly uninformed millions and millions that buy them either individually or in ot...
by hoops777
Sun Feb 01, 2015 11:30 pm
 
Forum: Investing - Theory, News & General
Topic: Boomers and dividend stocks
Replies: 21
Views: 1699

Re: Boomers and dividend stocks

It is interesting that I clearly said buying a fund and not individual stocks yet......One can aso present a scenario of a pct of the investing population believing in something without believing in it personally.I will now inform the boglehead purist of pure that the vast majority of the investing ...
by hoops777
Sun Feb 01, 2015 9:33 pm
 
Forum: Investing - Theory, News & General
Topic: Boomers and dividend stocks
Replies: 21
Views: 1699

Boomers and dividend stocks

Ok,I understand the Boglehead total return concept and I am not endorsing dividend stocks.I do have a question about the concept of buying dividend stocks for income.Since bogleheads make up a tiny fraction of the investing universe,there are many investors out there retired or close to being retire...
by hoops777
Sun Feb 01, 2015 6:56 pm
 
Forum: Investing - Theory, News & General
Topic: Boomers and dividend stocks
Replies: 21
Views: 1699

Re: What if everyone was a Boglehead saver?

I just went and looked at a bunch of articles.You need to have 8 to 12 times your final pay in investments.You need to have enough investments to produce 80 pct of your final salary.They all say your final salary and even say you only need about 80 pct of it because you are no longer paying SS and M...
by hoops777
Sat Jan 31, 2015 2:07 pm
 
Forum: Investing - Theory, News & General
Topic: What if everyone was a Boglehead saver?
Replies: 18
Views: 2353

Re: What if everyone was a Boglehead saver?

I just read another article saying that if you make 100k a year you need to have enough savings to generate about 80 pct of that 100k income during retitement to not run out of money and keep your current lifestyle.It seems like all of these experts assume that if you make 100k you are spending 100k...
by hoops777
Sat Jan 31, 2015 11:17 am
 
Forum: Investing - Theory, News & General
Topic: What if everyone was a Boglehead saver?
Replies: 18
Views: 2353

Re: The lowest stock allocation you plan to stay with

At 63 and owning a small mom and pop business the plan is to work until 70 and maybe longer if I feel like it.I am currently attempting to adjust to 30/70 and keep that going forward until retirement.At that point I would like to have whatever pct in risk free is necessary to fund my retirement and ...
by hoops777
Fri Jan 30, 2015 10:01 pm
 
Forum: Investing - Theory, News & General
Topic: The lowest stock allocation you plan to stay with
Replies: 79
Views: 4336

Vanguard Energy ETF

Curious if those of you who go beyond index funds have any thoughts on this ETF...VDE.It is noe of the few sectors really taking a beating from its' 52 week high.....though it has moved up from 101 to 109.....down from 145.
by hoops777
Mon Jan 26, 2015 5:33 pm
 
Forum: Investing - Theory, News & General
Topic: Vanguard Energy ETF
Replies: 6
Views: 1101
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